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 Post subject: Re: Conservatives
PostPosted: Wed Oct 30, 2013 8:15 pm 
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Whilst on about c unts,Ian Duncan Feckwit Smith ? I When will this idiot be sacked, he doesnt live in the real world, he has NEVER had to do a days work in his life, all hes ever done is think of ways to feck the poor and disabled (a true tory !).


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 Post subject: Re: Conservatives
PostPosted: Wed Oct 30, 2013 9:17 pm 
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grandad wrote:
No, I am saying that the Labour Government increased VAT on petrol from 12.5% to 25% in 1974.


Your figures are misleading. VAT has long been the Tories favorite way of raising revenue while cutting income tax. :shock:

VAT was brought in in 1973 by the then Conservative government at a rate of 10%.

The Labour government in July 1974 reduced the standard rate to 8% and introduced a new higher rate of 12.5% for petrol and some luxury goods.
In November 1974 Labour doubled the higher rate of VAT to 25%
In April 1976 this was reduced by Labour back to 12.5%.

The Thatcher Conservative government in 1979, abolished the higher 12.5% rate and introduced a unified rate of 15% :roll:
Since then it has been continually extended to include more things.

The 1991 Conservative government increased the standard rate to 17.5%
In 1993, the Conservative government extended VAT to domestic fuel and power at 8%, despite promising not to extend the scope of VAT during the 1992 general election. :roll:

1997 Labour reduced VAT on domestic fuel and power to 5%
Labour reduced the standard rate of VAT from 17.5% to 15% from 1 December 2008. and returned it to 17.5% from 1 January 2010

The current Conservative/liberal bawbags increased VAT to 20% a year later - having denied they would during the 2010 election. :roll:

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 Post subject: Re: Conservatives
PostPosted: Wed Oct 30, 2013 10:26 pm 
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So you are arguing for us to drive away businesses and jobs because they are synonymous with the conservative party by making us the most highly taxed country in Europe

Businesses create Jobs which creates tax revenues and spending power some of which goes into our pockets :wink: it is a balance which has to be achieved even if you hate some of the people whose job it is to achieve it

The problem isn't neccessarily the policies but the trough that the politicians have their snout in which blinds them to some of the less desirable effects and the controls and balances which should be in place

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 Post subject: Re: Conservatives
PostPosted: Thu Oct 31, 2013 1:02 pm 
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I am stating as fact that Tories prefer VAT to income tax.
No doubt due to the fact that they have the largest incomes and consequently the highest tax liability.

When they actually pay tax, of course :lol:

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 Post subject: Re: Conservatives
PostPosted: Thu Oct 31, 2013 1:34 pm 
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Tax or Vat call it what you like - they are both taxes.

Originally tax was @33% with...........no VAT. The extremely highly paid used to get hammered with massive amounts so much so, the likes of Film stars/Top golfers went to tax havens.

Today we have a basic 20% on earnings and a further 20% on purchases so basically they have increased it to 40%!

The wealthy have had their reduced massively and are doing very nicely than you, and the rest (that is you and I), are far worse off than we have ever been, even though we are paying more.

VAT came along with the EEC ! When we never belonged to the EEC..............no VAT - happy days.

It is obvious the benefits of joining the EEC...............isn't it :roll:




VAT RATES TABLE

1972-73 8%

1973-74 8%

1974-75 15%

1975-76 15%

1976-77 15%

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 Post subject: Re: Conservatives
PostPosted: Sat Nov 02, 2013 10:10 am 
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cabby john wrote:
Today we have a basic 20% on earnings and a further 20% on purchases so basically they have increased it to 40%!


to be precise

we have 20% income tax AFTER THE FIRST £10,000 a year earnings

Earn £20000 and you will pay £2000 income tax wont you? (10%)

and 20% VAT (on VATable items) ........when we decide to spend on those goods


An excellent example of bending the facts to suit the case john

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 Post subject: Re: Conservatives
PostPosted: Sat Nov 02, 2013 11:41 am 
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wannabeeahack wrote:

and 20% VAT (on VATable items) ........when we decide to spend on those goods


Do you really decide to heat your home, put clothes on your back or shoes on your feet? Most people would consider this essential.

wannabeeahack wrote:
An excellent example of bending the facts to suit the case


Indeed. You prove your own point.

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 Post subject: Re: Conservatives
PostPosted: Sat Nov 02, 2013 2:25 pm 
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wannabeeahack wrote:
cabby john wrote:
Today we have a basic 20% on earnings and a further 20% on purchases so basically they have increased it to 40%!


to be precise

we have 20% income tax AFTER THE FIRST £10,000 a year earnings

Earn £20000 and you will pay £2000 income tax wont you? (10%)

and 20% VAT (on VATable items) ........when we decide to spend on those goods


An excellent example of bending the facts to suit the case john



I never bend facts to win an argument.

Tax is very intricate in the sense that to get the full picture you would have to have all of the facts and figures to boot - Allowances are the key to how much tax you actually pay.

All I did was to show VAT figures of the day which is a back door tax, you then bring in a more recent higher allowance i.e 10K to try and indicate that tax has not gone up to 40%. You would have to build into the tax argument 1. wages of the day buying power i.e say 1973 - 2013. 2. Inflation over the period i.e from then to now. Do not forget VAT does not stand still, it is always a double whammy - the supplier puts their increase on, and then the gov puts theirs on and that is why they stand still and do nothing. I revise my 40% in monetary terms to be overall a whole lot higher, I would like to say I commend it to the "House" - but I cannot as it is grand theft on a daily basis.

To take a "Churchillian" tone.................Neverrrrr......Neverrrrr............have theyyyyy.......taxed usss...so much.

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 Post subject: Re: Conservatives
PostPosted: Sat Nov 02, 2013 3:55 pm 
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wannabeeahack wrote:
cabby john wrote:
Today we have a basic 20% on earnings and a further 20% on purchases so basically they have increased it to 40%!


to be precise

we have 20% income tax AFTER THE FIRST £10,000 a year earnings

Earn £20000 and you will pay £2000 income tax wont you? (10%)

and 20% VAT (on VATable items) ........when we decide to spend on those goods


An excellent example of bending the facts to suit the case john


A bit like wearing a poppy and wanting to vote **** ?????????

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 Post subject: Re: Conservatives
PostPosted: Sat Nov 02, 2013 3:55 pm 
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wannabeeahack wrote:
cabby john wrote:
Today we have a basic 20% on earnings and a further 20% on purchases so basically they have increased it to 40%!


to be precise

we have 20% income tax AFTER THE FIRST £10,000 a year earnings

Earn £20000 and you will pay £2000 income tax wont you? (10%)

and 20% VAT (on VATable items) ........when we decide to spend on those goods


An excellent example of bending the facts to suit the case john


A bit like wearing a poppy and wanting to vote **** ?????????

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I AM PROUD TO BE A CITIZEN NOBODY'S SUBJECT http://www.republic.org.u

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 Post subject: Re: Conservatives
PostPosted: Sat Nov 02, 2013 3:56 pm 
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cabby john wrote:
wannabeeahack wrote:
cabby john wrote:
Today we have a basic 20% on earnings and a further 20% on purchases so basically they have increased it to 40%!


to be precise

we have 20% income tax AFTER THE FIRST £10,000 a year earnings

Earn £20000 and you will pay £2000 income tax wont you? (10%)

and 20% VAT (on VATable items) ........when we decide to spend on those goods


An excellent example of bending the facts to suit the case john



I never bend facts to win an argument.

Tax is very intricate in the sense that to get the full picture you would have to have all of the facts and figures to boot - Allowances are the key to how much tax you actually pay.

All I did was to show VAT figures of the day which is a back door tax, you then bring in a more recent higher allowance i.e 10K to try and indicate that tax has not gone up to 40%. You would have to build into the tax argument 1. wages of the day buying power i.e say 1973 - 2013. 2. Inflation over the period i.e from then to now. Do not forget VAT does not stand still, it is always a double whammy - the supplier puts their increase on, and then the gov puts theirs on and that is why they stand still and do nothing. I revise my 40% in monetary terms to be overall a whole lot higher, I would like to say I commend it to the "House" - but I cannot as it is grand theft on a daily basis.

To take a "Churchillian" tone.................Neverrrrr......Neverrrrr............have theyyyyy.......taxed usss...so much.


on the ball again JOHN =D> =D> =D> =D> =D>

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 Post subject: Re: Conservatives
PostPosted: Mon Nov 11, 2013 5:03 pm 
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 Post subject: Re: Conservatives
PostPosted: Mon Nov 11, 2013 5:33 pm 
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gusmac wrote:
Image



quality =D> =D> =D> =D> =D> =D> =D>

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 Post subject: Re: Conservatives
PostPosted: Wed Nov 20, 2013 12:15 pm 
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There were, of course, no Labour MP's caught fiddling expenses were there...........

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 Post subject: Re: Conservatives
PostPosted: Wed Nov 20, 2013 12:32 pm 
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trotskys twin wrote:
gusmac wrote:
Image



quality =D> =D> =D> =D> =D> =D> =D>

I have to admit, that made me laugh. :lol: :lol: :lol:

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