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Lazarus and the Gimp
09-10-2007, 20:02:32
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The inheritance tax threshold for married couples and those in civil partnerships will rise to 600,000 from today and 700,000 by 2010.
The main rate of corporation tax will be cut by 2p in the pound to 28% by next year.

Mr Darling promised to reform the capital gains tax system, ensuring those working in private equity pay a "fairer share". There will be a single rate of 18%.
A number of "loopholes" for non-domiciled tax payers will be examined, Mr Darling said. Tory plans to charge a flat rate of 25,000 to such people would mean only 15,000 paying, he added. This would mean revenue of 650m a year, rather than 3.5bn that the Tories had estimated, Mr Darling said.
Grants to local authorities for local services in England will increase to 26bn by 2010 to ensure local authorities can keep council tax rises substantially below 5%, Mr Darling said.
HEALTH
Over the next three years the NHS will increase its funding by an average of 4% above the rate of inflation.
Investment in health in England to rise from 90bn this year to 110bn by 2010.
Mr Darling said the single fund for health research would be expanded to 1.7bn by 2010.
EDUCATION AND SCIENCE
The education and skills budget will rise to 74bn by 2010.
An additional 2bn will be invested in 2010 in health and education, Mr Darling said, including a 250m fund to ensure all children at school are ready to learn and benefit from personalised support.
Investment on science and technology to rise to 6bn in three years' time.
HOUSING
The government will spend more than 4bn over the next three years to help people in poor-quality housing make renovations.
Proposals are to be brought forward in the Budget to help lenders provide more fixed-rate mortgages for 10 years or even longer.
THE ECONOMY
Mr Darling said it was a time of "increased economic uncertainty" with "turbulence in America, Asia and Europe" .
There would be "no risks with unaffordable promises that put the public finances at risk".
UK economic growth is expected to be between 2% and 2.5% next year, the chancellor said. And for 2009/2010 the figure would be 2.5% to 3%, he added.
Mr Darling said he expected to make a statement on Northern Rock later this week.
PUBLIC FINANCES
The government will keep net debt at a sustainable level during the next economic cycle, Mr Darling said.
Net borrowing was forecast to fall from 38bn this year to 23bn in 2012.
Government departments will save a further 30bn by 2010, on top of 20bn of savings already achieved, the chancellor said.
DEFENCE/TERROR/CRIME
Mr Darling allocated an extra 400m for military operations abroad this year.
He announced a new single budget for the police, security services and other agencies to deal with terrorism, to rise by 1bn a year to 3.5bn in three years' time.
Extra spending on the Home Office and Ministry of Justice is to rise to 20bn by 2010, Mr Darling said.
ENVIRONMENT, TRANSPORT AND OVERSEAS AID
Mr Darling said aviation duty would be paid on flights, rather than individual passengers.
An extra 200m will be given for free pensioner bus travel next year, he added.
By 2010, the transport budget will rise to 14.5bn a year, including projects to widen some motorways.
The Department for the Environment, Food and Rural Affairs budget will rise to 4bn in three years' time, including 800m by 2010 for flood defences.
The overseas aid budget will rise to 9bn by 2010.
BENEFITS AND PENSIONS
The amount of child maintenance a family can receive without it affecting their benefits will double from 20 a week to 40 a week by 2010.
Pension credits will rise 5 a week from next April for single people and 7.65 for couples.
CULTURE
There would be an inflation increase for arts and culture spending, Mr Darling said. The budget for the Department for Culture, Media and Sport will rise to 2.2bn in three years.
By 2010, there will be 460m spent on the British Council, the BBC World Service and the launch of BBC Farsi and Arabic TV channels.
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<a href="http://news.bbc.co.uk/1/hi/uk_politics/7036009.stm">Here</a>


For what is supposed to be a mid-term budget, there's a hell of a lot of stuff being given away there. It looks more like an "election less than a year away" budget.

Lazarus and the Gimp
09-10-2007, 20:04:25
Oh look. I posted this on the wrong forum. Christ knows what the twats here will do with it.

Venom
09-10-2007, 20:21:42
I'm reading it and absorbing the finer points.

Also, I printed it out so I can wipe my ass with it.

Scabrous Birdseed
09-10-2007, 20:34:47
Okay, I leafed through it, but it only seems to have increases in various budget areas. Where are the cuts going to be?

Vincent
09-10-2007, 20:42:50
FUCK OFF

Dyl Ulenspiegel
09-10-2007, 21:19:23
Darling is an optimist...

Shining1
09-10-2007, 23:39:20
Enjoy your bribe before America's hard landing?

Drekkus
10-10-2007, 08:19:31
Hey, this looks just like the dutch budget plans!
"Look, we're spending all this money on important stuff!!!" But for the taxraises and all sorts of other budgets cuts you have to plough through the fineprint.

Funko
10-10-2007, 08:22:18
I think they had their pre-election "steal all the good ideas from the other parties and pull the rug out from under them" budget worked out...

then the polls went bad so they decided against the election...

but they were stuck with the election budget. D'oh!

Drekkus
10-10-2007, 08:27:29
:lol: That'll teach 'm. Then again, nice to see parties actually using other parties good ideas for once, in stead of not using them just because they're other parties ideas.

Btw, is Darling a usual surname? Only Darling I know is the Captain from Blackadder, and that was pretty hilarious.

Funko
10-10-2007, 08:33:39
It's not a very common name, but it is not exceptionally rare. It is funny though.

Resource Consumer
10-10-2007, 09:49:54
There will be interesting repercussions here. 18% capital gains is lower than many people's marginal tax rate. Makes sense to let the housing market crash and then pick up the pieces. Far better than going to work.

Cruddy
10-10-2007, 11:02:08
And, from the UK Defence Review, Britain is definitely going ahead with the 2 aircraft carriers.

Unfortunuately this will mean cutting 5 escort vessels from the fleet. So all the carriers will be capable of is bombing Zimbabwe with propaganda leaflets threatening that the 11 British Multinationals operating there might cut there operations by 1% per annum unless Robert Mugabe drops his trousers and sings Rule Britannia.

In a stand up war they'll be as much use a chocolate teacup, and the US still hasn't finished the plane that MIGHT be able to take off from them.

Why the hell they don't just disband all the armed forces and have a "peoples militia" armed with sticks, I don't know.

Funko
10-10-2007, 11:04:27
If we get involved in a stand up war (without the Americans) we're fucked anyway.

Funko
10-10-2007, 11:05:22
Unless it's with Canada or someone.

Cruddy
10-10-2007, 11:06:10
I disagree. Those subs we sold the Canadians are damn dangerous.

Funko
10-10-2007, 11:15:36
Prob trapped in ice though.

MoSe
10-10-2007, 11:44:24
Originally posted by Funko
If we get involved in a stand up war (without the Americans) we're fucked anyway.

"UK troops addicted to lazyview.com
only accept to be deployed in a sit down war"

MoSe
10-10-2007, 12:08:56
A number of "loopholes" for non-domiciled tax payers will be examined
Valentino ROSSI !!!!!

:lol:

King_Ghidra
10-10-2007, 12:23:28
Originally posted by Funko
Prob trapped in ice though.

actually i seem to recall that the northwest passage is so de-iced as to be navigable and the canadians are looking to exploit the possible boom in shipping there

Venom
10-10-2007, 12:44:36
With what? Canoes?

Drekkus
10-10-2007, 12:47:54
Mmmmmmm, chocolate tea cup

Funko
10-10-2007, 12:48:38
Originally posted by King_Ghidra
actually i seem to recall that the northwest passage is so de-iced as to be navigable and the canadians are looking to exploit the possible boom in shipping there

Yay for global warming!

King_Ghidra
10-10-2007, 13:01:56
by exercising their right to tax the ships that go through. everyone is saying the waters are non-territorial but canda are trying to claim sovreignty

i'm saying all this from memory, let me find the article

http://news.bbc.co.uk/1/hi/world/americas/6995999.stm

C.G.B. Spender
10-10-2007, 13:10:25
I'm saying this from memory:

Julius Caesar was killed by some romans a few years BC.

Venom
10-10-2007, 13:12:45
I look forward to Canada enforcing this right.

King_Ghidra
10-10-2007, 13:13:13
i read a book in which an eskimo had a motorbike with a nuclear bomb in it.

maybe they've got him on their side.

MoSe
10-10-2007, 13:14:34
Tu quoque!

Resource Consumer
10-10-2007, 14:12:02
Originally posted by King_Ghidra
i read a book in which an eskimo had a motorbike with a nuclear bomb in it.

maybe they've got him on their side.

A nuclear bomb with an eskomo inside it would be quite cool

C.G.B. Spender
10-10-2007, 14:25:56
FUCK OFF!

Resource Consumer
10-10-2007, 14:33:48
thank you sir! You are a gentleman :)

Funko
10-10-2007, 14:40:35
FUCK OFF!

MoSe
10-10-2007, 15:52:38
a nuclear eskimo head!

Beta1
10-10-2007, 16:04:25
Originally posted by Cruddy
And, from the UK Defence Review, Britain is definitely going ahead with the 2 aircraft carriers.

Unfortunuately this will mean cutting 5 escort vessels from the fleet. So all the carriers will be capable of is bombing Zimbabwe with propaganda leaflets threatening that the 11 British Multinationals operating there might cut there operations by 1% per annum unless Robert Mugabe drops his trousers and sings Rule Britannia.

In a stand up war they'll be as much use a chocolate teacup, and the US still hasn't finished the plane that MIGHT be able to take off from them.

Why the hell they don't just disband all the armed forces and have a "peoples militia" armed with sticks, I don't know.

Thats HMS chocolate teacup to you!

We should just build one and see if uncle sam will let us have a couple of cut price AEGIS frigates to protect it.

Then it might have a hope of surviving more than about 20 seconds.

Immortal Wombat
10-10-2007, 16:21:03
Originally posted by King_Ghidra
i read a book in which an eskimo had a motorbike with a nuclear bomb in it.
Well, I just spend an hour trying to figure out whether Aleuts count as Eskimos. Crap.

Lazarus and the Gimp
10-10-2007, 21:12:54
Tell me you were just trying to ensure your punchline was accurate and I'll weep for your soul.

Immortal Wombat
10-10-2007, 22:31:42
Worse: trying to ensure KG's punchline was accurate.

*End Is Forever*
10-10-2007, 22:55:20
Good to see the usual highbrow political discussion on here. :)

Lazarus and the Gimp
11-10-2007, 05:27:48
Highbrow political discussion on CG isn't helped by our resident Torys maintaining a discrete absence when awkward questions are being asked about Cameron's wilder flights of fancy.

Oerdin
11-10-2007, 05:55:37
It's like Reaganomics. Just pretend the money will be there and the budget deficits don't matter!:D

Drekkus
11-10-2007, 07:57:29
Originally posted by Immortal Wombat
Well, I just spend an hour with Aleots cunt ass Eskimo Crap.

Dyl Ulenspiegel
11-10-2007, 08:00:50
Who cares, as long as it's backed by nuclear weapons.

Funko
11-10-2007, 08:07:43
Originally posted by Lazarus and the Gimp
Highbrow political discussion on CG isn't helped by our resident Torys maintaining a discrete absence when awkward questions are being asked about Cameron's wilder flights of fancy.

They were much more vocal during the leadership contest supporting Cameron.

I thought Cameron looked quite immature and childish calling the Prime Minister a bottler yesterday. I was expecting him to double dare him to call an election.

King_Ghidra
11-10-2007, 09:11:06
Originally posted by Immortal Wombat
Worse: trying to ensure KG's punchline was accurate.

i had a punchline?

lazy me, yes i'm sure he was an aleut. the book was snow crash, but you probably knew that also.

it is a very silly book at times.