OT: Market Reaction to Qasi's Budget

[Jethro_uk]

No sure where the evidence for that assertion comes from, really.

[Rod Speed]

Brian Gaff [e-mail] wrote

BULLSHIT.

More mindless bullshit.

There always are.

Completely different in fact.

Nothing like in fact.

[zall]

Its mindless bigotry.

[Fredxx]

Well, the magic money tree was an expression that would historically be used towards Labour. Now it can be rightfully be used by Labour towards the Tories.

Whether I would call spend, cut taxes and borrow incompetence is another question, however I would still feel obliged to use a similar descriptive noun.

[Fredxx]

Yet they are a large workforce:

Large groups of this size tend to create traction in manifestos and policies.

[Rod Speed]

Nope. The claim that reducing income tax rates might see the economy do better is certainly aguable, but nothing even remotely like a magic money tree.

More fool you.

[Jim Stewart ...]

I took fright at his name .....

[Fredxx]

The only other Quasi I know is in the Octonauts.

[Ponyface]

+1

[SteveW]

And many a caught up in IR35, paying the same tax, via PAYE as employees, but with no holiday pay, no sick pay, no redundancy pay, no security of employment and no employers pension scheme.

[Cursitor Doom]

Okay, you want a sea-fairing analogy: you don't put up your spinnaker when there's a storm a-brewing!

[R Souls]

We've already seen. Your opinions are unwelcome and worthless. Now f*ck off.

[Dave Plowman (News]

Have things changed, then? When I was working, a free lance who didn't qualify for self employment status (usually classed as an assistant, rather than supervisor) was on PAYE, but got sick and holiday pay included. Obviously not an employer's pension scheme, though.

[mechanic]

Sounds like George Osborne talking - now we all tend to dismiss 'pay off the debt' as out of date - MMT tells us that debt is good. It pays our pensions for a start.

[Dave Plowman (News]

And now it seems the treasury are buying back government bonds in an attempt to slow the run on the pound.

So we now have parts of the government in direct conflict.

If it were a TV drama it would be slagged off as pure fantasy.

[mechanic]

Yes, we're no longer paying for the Falklands or for Iraq, future generations should have no worries.

[Andrew]

Err, since the War of the triple Alliance where certain London Merchant banks made their names and fortunes arranging deals to fund it.

[Andrew]

This chap hardly disgraced himeself at the PRU and other places.

[zall]

Normal response.

Nope.

Nope, we have see that before.

[SteveW]

Many contractors who ran their own limited companies and dealt company to company, got no employment benefits, but paid a little less tax. Last year, companies using contractors were given the responsibility of deciding whether the contractors that they used were outside IR35 and could continue as before or inside and had to go PAYE (paying more tax). Many companies used the software tools that analysed each contractor's position, but then, to avoid any possible come-back from HMRC, decided to ignore the analysis that put them outside IR35 and simply decide that everyone was inside, forcing them to pay the extra tax, but did not give the employment benefits or increase the rates to compensate.