Latefortheraces
At the Start
Has IHT changed since late 2004. I used my own valuation and it wasn't to the advantage of the IR!
Maybe the calculators don't start until seven figures pop up.
Maybe the calculators don't start until seven figures pop up.
A
Ardross
Guest
Of course the wheels might come off but Tories and right wing economists and business journalists have been predicting economic doom since 1997 - and it still hasn't turned up
K
Kathy
Guest
This is all "obviously" rubbish too, but it makes great reading! 
Labour stealth taxes. Read them and weep!
http://myweb.tiscali.co.uk/garbagegate/item2/stealth.htm
Labour stealth taxes. Read them and weep!
http://myweb.tiscali.co.uk/garbagegate/item2/stealth.htm
K
Kathy
Guest
There is also a great website called GordonClown. Makes some interesting points for those who want to see what Gordon has done, is doing, and how he is leaving a great legacy for someone when he finally departs number 11! (all lies of course!)
http://www.gordonclown.com/category/public-sector/
http://www.gordonclown.com/category/public-sector/
K
Kathy
Guest
Has IHT changed since late 2004. I used my own valuation and it wasn't to the advantage of the IR!
Maybe the calculators don't start until seven figures pop up.[/b][/quote]
Not sure Latey! All I know is that in my case the IR seemed to make up their own rules as they went along. They were not letting a few facts get in the way of trying to raise a few more thousand pounds if they could. Perhaps, some of them are on commission like debt collectors? shrug::
Desperate Dan
Senior Jockey
In 1997 the National Debt was £28 BILLION. In the March 2000 Budget alone the Labour government repaid £12 BILLION of that debt. Compare and contrast borrowing under the whole of the present government with that of the previous government and then try and argue that this government have been an excessively borrowing government. Most economists would probably regard Brown as an,err, rather prudent Chancellor
A
Ardross
Guest
You know the mottoes of the daily mail,diana and torygraph - never let the truth get in the way of our prejudices.
K
Kathy
Guest
What a great double act you two now make! :laughing:
Shadow Leader
At the Start
- Joined
- Nov 9, 2003
- Messages
- 9,884
Dan - cheers for that but it's something we're already looking into. Dad stunned me recently by bringing up the subject and saying he would do all he could to get around it, tbh. It's always a nice excuse to have an anti-Labour/Bliar rant!!! (especially as someone has to redress the balance set by Ardross!!)
...and too damn right CF. At least you know which way the priorities go!!!
(especially as someone has to redress the balance set by Ardross!!)...and too damn right CF. At least you know which way the priorities go!!!
Desperate Dan
Senior Jockey
Oooh, Kathy, flattery will get you everthing :shy: :shy:
K
Kathy
Guest
everthing 
... nah, flattery got me absolutely nowt DD... but look at my face, do I look bovvered?
... nah, flattery got me absolutely nowt DD... but look at my face, do I look bovvered?
A
Ardross
Guest
Are you saying that Polly Toynbee is making it up or is not a serious journalist betsmate ?
betsmate
At the Start
- Joined
- Dec 7, 2004
- Messages
- 5,752
Did you just read my post and then make up an unrelated question? Possibly to try and entice me into defending a point that I never made or had any intention of making? Possibly one that you have a glib answer for?
I am sure that Polly Toynbee is not making anything up and is a very serious journalist.
A question in return if I may. Do you believe that political coverage from the left is less biased than political coverage from the right?
I am sure that Polly Toynbee is not making anything up and is a very serious journalist.
A question in return if I may. Do you believe that political coverage from the left is less biased than political coverage from the right?
A
Ardross
Guest
If you were asking about the Socilaist Worker/Organiser or the Morning Star - then no they are as bad . To compare Ms Toynbee's very well researched and argued articles in the Guardian , as you evidently were doing, to the prejudiced ranting of Mr Dacre and his henchmen is not in the slightest bit fair.
betsmate
At the Start
- Joined
- Dec 7, 2004
- Messages
- 5,752
I am pretty sure that I never compared anything with the work of Mr Dacre (of whom I am certainly not a fan) or his henchman, however you seem insistent on attempting to put words in my mouth.
At least your last post was more sensible than the flippant remarks that you made at 9:14pm.
At least your last post was more sensible than the flippant remarks that you made at 9:14pm.
A
Ardross
Guest
Sorry betsmate but you are wriggling on the hook. It is absolutely plain that you declared that the Guardian was at one extreme and the Daily Mail at the other - i.e implicit was that the Guardian was as unreliable as the Daily Mail in straightforward presentation of the facts .
The posting at 9.14 is sadly a pretty accurate description of the right wing press in this country.
The posting at 9.14 is sadly a pretty accurate description of the right wing press in this country.
Bar the Bull
At the Start
Kathy,
That says all I need to know about your views.
Dan,
This is a very good posting. National debt is not always a good thing, but to try to operate in any economic framework without leverage is insane. Kathy probably doesn't need me to tell her that, given her extensive economic background.
A certain level of national debt is desirable, just like a certain level of risk is desirable. I would be of the opinion that Brown has managed the public finances extremely well. The UK has enjoyed an enormous amount of success in the last decade. It is not all down to Brown, but he has been enormously accommodating through his fiscal management.
I would criticise Brown for not investing more in the health service and transport, but it is a very fine line. This would have had to be funded, and over-taxation of the top earners would possibly have taken the impetus out of the amazing growth story we have witnessed.
I am a socialist, so I would have done it anyway. But I would never have lasted so long as chancellor
betsmate
You probably don't need me to tell you that the RPI includes mortgage interest payments so it is hardly surprising that RPI is increasing, given that we have had three rate hikes in the past six months. These rate hikes have been coupled with a massive shock in oil prices in February, which impacts the RPI figures released last week. CPI is higher than target, but even the most pessimistic estimates (of whom our internal chief UK economist is one) believes that it will come right back down in Q2 and Q3.
Of course, if people want to believe the flash statistics in the newspapers without analysing the figures, you are welcome to do so. but to make judgements on Brown without the full facts is:
a) unfair
b) over-estimating the impact that any budget can have on inflationary pressures.
________________________________________________________________
I think that the main reason a budget can be interesting is in the way in which it can affect behaviours of citizens.
That says all I need to know about your views.
Dan,
This is a very good posting. National debt is not always a good thing, but to try to operate in any economic framework without leverage is insane. Kathy probably doesn't need me to tell her that, given her extensive economic background.
A certain level of national debt is desirable, just like a certain level of risk is desirable. I would be of the opinion that Brown has managed the public finances extremely well. The UK has enjoyed an enormous amount of success in the last decade. It is not all down to Brown, but he has been enormously accommodating through his fiscal management.
I would criticise Brown for not investing more in the health service and transport, but it is a very fine line. This would have had to be funded, and over-taxation of the top earners would possibly have taken the impetus out of the amazing growth story we have witnessed.
I am a socialist, so I would have done it anyway. But I would never have lasted so long as chancellor
betsmate
You probably don't need me to tell you that the RPI includes mortgage interest payments so it is hardly surprising that RPI is increasing, given that we have had three rate hikes in the past six months. These rate hikes have been coupled with a massive shock in oil prices in February, which impacts the RPI figures released last week. CPI is higher than target, but even the most pessimistic estimates (of whom our internal chief UK economist is one) believes that it will come right back down in Q2 and Q3.
Of course, if people want to believe the flash statistics in the newspapers without analysing the figures, you are welcome to do so. but to make judgements on Brown without the full facts is:
a) unfair
b) over-estimating the impact that any budget can have on inflationary pressures.
________________________________________________________________
I think that the main reason a budget can be interesting is in the way in which it can affect behaviours of citizens.
betsmate
At the Start
- Joined
- Dec 7, 2004
- Messages
- 5,752
Ardross - again you are reading what you want to believe.
If you are happy to flippantly dimiss the views of the Torygraph as you did last night because of its political standpoint but lay your faith at the door of the well research and argued (impartial?) Guardian then so be it. It says more about you than the point you are making.
For the record I think the Daily Mail is an awful paper, whose lies sems to serve little purpose other than scaring people. I have never read the Express.
Bar The Bull - I am certainly not goint to argue with the points that you have made - not least because your knowledge in this field is vastly superior to mine. One question though, if you are attributing all of the RPI rises to mortgage rate increases (btw I am not sure you are) then surely another rate rise as is being predicted will further fuel this inflationary circle? Thanks.
If you are happy to flippantly dimiss the views of the Torygraph as you did last night because of its political standpoint but lay your faith at the door of the well research and argued (impartial?) Guardian then so be it. It says more about you than the point you are making.
For the record I think the Daily Mail is an awful paper, whose lies sems to serve little purpose other than scaring people. I have never read the Express.
Bar The Bull - I am certainly not goint to argue with the points that you have made - not least because your knowledge in this field is vastly superior to mine. One question though, if you are attributing all of the RPI rises to mortgage rate increases (btw I am not sure you are) then surely another rate rise as is being predicted will further fuel this inflationary circle? Thanks.
K
Kathy
Guest
Yep, my views can certainly provoke debates at times BtB and the economy and the latest budget is great debating fodder for a forum even if I clearly know very little about it!
Desperate Dan
Senior Jockey
From yesterday`s Daily Mail
"Very few Chancellors have left the Treasury in such good shape as Gordon Brown. Whilst most leave with their tail between their legs, he can hold his head justifiably high. Even his sternest critics will have to concede that his stewardship of the nation`s finances has been remarkable."
Difficult for even Kathy to argue with that.
"Very few Chancellors have left the Treasury in such good shape as Gordon Brown. Whilst most leave with their tail between their legs, he can hold his head justifiably high. Even his sternest critics will have to concede that his stewardship of the nation`s finances has been remarkable."
Difficult for even Kathy to argue with that.
Desperate Dan
Senior Jockey
It was an attempt at, er, irony. Knowing it was Kathy`s bible. Not very successful
K
Kathy
Guest
Nah, my bible is normally The Racing Post, BtB if I buy a paper at all, hence my serious lack of knowledge on the UK's economy.archie
Senior Jockey
But what about when they inevitably have to renew their vehicles Archie?
And my point wasn't confined to farmers - I said agricultural businesses - there are many small business out there who need a healthy rural economy in place to survive and who's key component in their work is their truck eg, vet's, on site farm machinery repairs, scanners, etc.
[/b][/quote]
I could be wrong but I think that VED Band G doesn't relate to trucks or industrial vehicles, just cars. The whole point of it (and when it came into force) was that by that time there was a viable alternative to the high gas emitters (not gas guzzlers as is frequently stated), as demonstrated with the XTrail. As I've said before, only about half the models in Band G are 4x4 and the wheel drive has very little to do with it so it's not an anti-rural measure.
Anyone buying a car that comes into Band G is really saying, 'I'm choosing to pollute and I don't care.' For me the duty should be high enough to force those models off the road.