Budget 2024: Labour set out tax hikes to rescue UK economy

[@icucmerc]

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[@MA-KEJointVenture]

It’s really heartbreaking to see how inflation and recession impact low-income families. The cost of living keeps rising, and many struggle just to meet basic needs, let alone save or invest. It’s a reminder of the importance of finding ways to create financial opportunities. You've helped me a lot sir Brian! Imagine i invested $50,000 and received $190,500 after 14 days

[@ufuksenol2005]

Absolutely! Profits are possible, especially now, but complex transactions should be handled by experienced market professionals.

[@PineHosting]

Some persons think inves'tin is all about buying stocks; I think going into the stock market without a good experience is a big risk, that's why I'm lucky to have seen someone like mr Brian C Nelson.

[@nandojuace]

Finding yourself a good broker is as same as finding a good wife, which you go less stress, you get just enough with so much little effort at things

[@LolMan-qy9cc]

Brian demonstrates an excellent understanding of market trends, making well informed decisions that leads to consistent profit

[@gregorypeck876]

Guy Fawkes had it right all those years ago..

[@George-be4vn]

Guy Fawkes was planning a terrorist plot against the king, not higher taxes to invest in public services

[@edcoad4930]

Where is the wealth tax? 650,000 people have total assets of over £3T in 2021. That is £4m each. Assume 1/3 are over £10 m = £2T. 1% on that is £20 billion. Even as a 1 off, that is hospitals, roads etc. I'm no socialist, but for the last 15 years, this wealth has grown unabated. I suspect the number is 1million people with £5trillion post covid.

[@Garycarlyle]

You are a socialist by even saying that. Rich people invest their wealth and that money is then used to create jobs.

[@johncummings8068]

Because those 650,000 are the ones calling the shots and the "elected" are a front. Bought and paid for.

[@edcoad4930]

@Garycarlyle oh...you're the one who believed the trickle down theory. Explain to me how Scandinavian countries with much higher taxes have much better public services. Are all Scandinavians socialists?

[@philipcollins218]

When queen Victoria died she left TAX FREE - today’s equivalent of 202 BILLION. YES BILLION. the royals declare nothing and we pay for all the jolly’s.

[@sampratt8963]

Inheritance tax and capital gains tax are both taxes on wealth and have both been hiked. They're far more effective than a blanket wealth tax like in France.

[@InkDropFalls]

You cant fix Bad Management by giving money to those that badly managing .........The issue with Britain is Bad Management and Corruption .....

[@catherinemontgomery7130]

correct - boris was the worst for that one, then sunak hiding the £5b he borrowed just 5 weeks before the election, didnt even tell the office of budget I - OBI

[@Agatha.wayne0]

Small taxes can affect investment decisions such as whether to choose tax-free municipal bonds over taxable bonds or do a Roth IRA conversion. I’ve been sitting on over $745K equity from a home sale and I want to invest on the stock market, how do I achieve this without being taxed twice?

[@Frankjacob387]

There’s more benefit to holding fixed-income assets in tax-deferred retirement accounts as opposed to taxable accounts. If you're not who understands strategies to invest in the market, seek a Financial advisor to guide you.

[@RicardaWindsheimer]

Indeed, I did make use of a financial counselor. As I get closer to retirement, their advice has been really helpful. I thought compound interest on index funds wouldn't be sufficient because I started late. It's amusing how I've done better than colleagues who have more years of investment experience. I've profited more than $886k tax free.

[@Lubumbemusongo]

Hope you don't mind if I ask you to recommend this particular professional you use their service?

[@RicardaWindsheimer]

Stacy Lynn Staples "is the licensed advisor I use. Just search the name. You’d find necessary details to work with to set up an appointment.

[@SarachiWowa]

Thank you for the lead. I searched her up on google, and I have sent her an email. I hope she gets back to me soon.

[@Decrepit_biker]

She busts the record for previous tax rises? 38 billion for the previous record? That was 1992.... Well that 38 billion would be about 82 BILLION in today's money, you know inflation is a thing right? . So C4 stop being disingenuous..... a decade of austerity and lack of investment by the previous government needs to redressed somehow.

[@glenncooper87]

And increasing taxes reduces inflation how?

[@robfer5370]

@@glenncooper87 Money for all the things that really need more money, that have been neglected for over a decade by the previous Tory government.

[@apebass2215]

​@@robfer5370 such as?

[@seanbuchanan5402]

@@apebass2215good contribution ,get a job in the uk media 😂

[@catherinemontgomery7130]

@@apebass2215 everything, boris even gave taxpayers money to his friends during covid, remember the USELESS PPI that he paid for from his friends company's, PPI that sat and probably is still sitting in warehouses costing millions of pounds to store it

[@mrtom2450]

“Rescue the economy” - by making it more expensive for businesses to hire workers and squashing worker pay growth (which she has now acknowledged). Idiots.

[@lafreeman]

Ahh the old trickle down mythology. Thoroughly debunked.

[@horseman6468]

Labour front bench forget whatever they take from the rich is paid by those of us further down the ladder .Shame we dont have sugar daddy millionaires paying piles of cash into our accounts .

[@omardude39]

I am considering leaving the UK. It is a nation that is in a mess and other nations have more stability. Low taxation, good public service support. Not this sort of nonsense.

[@gb8628]

No NHS though. Just don't come back 👍

[@o0MadHouse0o]

Bye

[@DrumToTheBassWoop]

​@@gb8628yeah that's actually a deal breaker for me to stay.

[@gb8628]

@DrumToTheBassWoop I understand, as the old saying goes "the grass looks greener on the other side"

[@csharpe5787]

I’d be really interested to know which country you think would serve you better! Then we would see whether this is just hot air.

[@christopherreynolds9254]

If by ‘rescue’, you mean ‘decimate’

[@binjaman1]

I hate these people..

[@Bungle-UK]

Sadly, they despise us.

[@j7ech402]

Over 80% of the public feel the same

[@sugarsaint]

Who are "these people" ?

[@dannythomson5239]

@@sugarsaint the labour communist party led by keir stalin

[@Sodoff-c2b]

Us that's who,

[@DavidWilliams-p1n]

Farmers - screwed Small businesses - screwed Hospitality- screwed High streets - screwed Working people - screwed Train drivers - well off and laughing at us all

[@rubensano4860]

'We need to raise taxes to make up for a big budget deficit.' 'Show me how you calculated this budget deficit.' 'No.'

[@markmcnulty7736]

Well done for spelling deficit wrong in two different ways! Clever clogs.

[@rubensano4860]

@markmcnulty7736 oh hi, Mark. Corrected, thanks.

[@allykhan8594]

You keep eating leg of lamb in your house, you gunna miss your other payments.

[@catherinemontgomery7130]

which part do you not understand~? the 'budget deficit' is the £22b that the conservatives have spent and there is no money to cover the cost with. that includes £5b that sunak borrowed just 5 weeks before the election. so in order for the government to have any money to put into services and education etc, they first have to replace the £22b budget deficit, that will bring the 'bank account' back up to £0, that is nothing in there to put into spending, the £40b is the £22b that the conservatives tried to hide ( from the obr - the people who monitor the public funds and have to be told) to bring the funds up to 0, they then need money to fund services and investments into the country, that is the £18b difference between the £22b and £40b,

[@markmcnulty7736]

@@allykhan8594 You have just referred to the household fallacy. A household's budget or a person's or family's budget DOES NOT work like a government budget. Your income is independent of your expenditure. A government's income depends on what and how it spends. Learn about this and don't be fooled by it again.

[@chrisharraway1425]

Basic logic: Austerity since 2011/12 has only resulted in ongoing austerity. The UK is the only major economy in the World that has unbroken, ever-deepening austerity in national infrastructure since 2008. The World Economic Crash. The reason for that is the Tories insisted upon austerity during the lowest interest rates of all time. Well established economic theory says that you invest in times of economic crash and use austerity to refuces inflation in a booming economy. So the Tory government did exactly the opposite to what economic theory advised and we still have ongoing austerity 14yrs later, with no sign of a change, as a direct result. However, you cannot austere your way out of that situation. A strong economy will recover longterm DESPITE austerity. Government investment will stimulate the economy, although this should have been done in 2010, not after 14yrs of austerity during higher inflation. Let's admit that ongoing austerity is a road to ruin.

[@burchelwinkler9778]

Well said;the people are at breaking point;

[@bigjake-ev7nj]

In what sectors did austerity occur?

[@pippip8744]

@@bigjake-ev7nj none. It was a PR strategy that ultimately became a PR strategy for the then opposition. Spending rose as did debt

[@chrisharraway1425]

​@bigjake-ev7nj Education, NHS, Local Councils, Libraries, Social Services, Environmental Upkeep, Army, Police....

[@bobbytwoshoe8851]

We need to spend on schools and hospitals, I don’t see why that’s a problem

[@JohnDoe-uu2zs]

Maybe stop giving billions to Ukraine and illegal immigrants. That way the elderly can heat their homes as well

[@rebeccaconlon9743]

Poor management is what's destroying schools and hospitals

[@InkDropFalls]

Because Bad Management is the issue ..not the money ....These institutions is badly managed that why they keep throwing money at it ...and guess what happens when give money to people with bad management ......dig deeper might find corruption too

[@genesis1765]

It isn't she is basically taxing the well off capital gains inheritance tax there are 7 million people on the waiting list they need to get back to work that's growth that's extra taxes also.

[@thehammersmithcrumpetradar]

@@genesis1765didn’t she say we had to make “tough choices”

[@negativentry]

"Investment in schools and hospitals"? What about in power stations so that we can have cheaper energy?

[@ericwong4213]

Gov: we will show China, who's the boss!! Brit: yeah! about time!!! Gov: RAISE THE TAX Brit: wot? on Chinese EV? Gov: No, on our own gdp. Chinese EV tax free.

[@bobdylan7120]

For "Rescue" read "Bury".

[@Dalesmanable]

Brought to you by people that believe that tax rises boost the economy because people work harder and longer to make up for their losses.

[@sugarsaint]

God knows how many years under the conservative fiscal "austerity" did what for the UK economy? Enlighten me please

[@Sodoff-c2b]

We don't have a cons gov now. It isn't a competition you know, lab don't have to outdo cons in the whose the most useless gov.,

[@MrSpeekerv1.0]

Better than being brought to you by Chucky the lettuce loser is it not?

[@bilgzmcr7035]

@@sugarsaintit made it fare far better than other european economies until covid hit.

[@dieu5041]

@@bilgzmcr7035this just isn’t true, wages have been stagnant since 2008.

[@georgeroybooth3335]

Dreadful budget for employers. They will just cut their workforce as a result.

[@thingsthathappen4113]

Creating profit in a small business was already incredibly difficult. This budget along with the new workers rights bill will end them forever. No point running a business that can only make a loss. You can’t tax the unemployed, you can’t tax your way to growth, the state can’t spend the publics money better than they can. This is clown country, those with wealth will leave.

[@SteveConkie-t6r]

Do you know any small business owners that clubbed together to build a national health service? Stop talking nonsense

[@memoment431]

Good greedy wealthy types can leave.

[@catherinemontgomery7130]

they dont have any money to do anything with, sunak and his laccy's saw to that. they cant spend the publics money because the conservatives already did, and they tried to hide what they had done. if you want to take it further back, boris was giving his 'friends' public money, remember all of the USELESS not fit for purpose PPI that has sat in warehouses having cost millions from his friends coumpanies.

[@Pixelheist]

Queue socialist responses below in 5.4.3.2.1....

[@markmcnulty7736]

The word "hike" is a ludicrously loaded term. Please say rise or raise. You are supposed to be c4 not the Mail or the Telegraph.

[@jupiter998]

So is "rescue"

[@mohienamjad3271]

Again these places have been bought out. And they try and measure our reactions.

[@kevinmcdonagh1063]

Yeah we want biased left leaning comments not facts

[@unionjackjackson4352]

@@jupiter998they said it was high taxes that caused the problem in the first place so how is this a fix?

[@markmcnulty7736]

@@kevinmcdonagh1063 Rise or raise are neutral factual words. They are not biased at all. if you yourself are left-leaning and trying to be witty you have failed. If you are right-leaning you have totally missed my point.

[@smith9808]

This will cost my business around £155,000 a year. I will need to lay people off next year unfortunately, as will many other small businesses. So sad they won.

[@omardude39]

The shrinkage of your business is your business decision. You could keep those employees on and weather the storm to look for long-term growth rather than contracting with the labour market.

[@gb8628]

Just wondering, what does your business make?

[@robfer5370]

I don't have a business and work pay day to pay day to make ends meet. Now what was that you were saying about not having enough money ?? 🙄 If you are looking for someone to blame, start with 14 years of a Tory government robbing peter to pay paul and not investing in the UK!

[@genesis1765]

If you have a small business you will not be effected

[@caribanna]

@@robfer5370I think you need to start your own small business to see the challenges. A lot of small business owners pay their employees first and many go without a proper salary for months on months just to keep afloat to pay employees as part of investing back into the business. It is quite literally pay check to pay check with more risk. They take all the risk of bringing in business to pay for everything while employees only have to think about receiving the pay check. You have mandatory paid holiday days but a business owner sometimes can’t risk using their holiday because the competition never stops. I’d much rather be an employee than a small business employer.

[@a0um]

The quality of NHS infrastructure, schooling, and the salary of very demanding jobs like nurses and teachers has been appalling in UK. I’m glad to see a government that’s taking steps to fix this rather than moving such services in the hands of the already ultra rich.

[@Garycarlyle]

That's an excuse with respect. Private nurses are better paid. Government takes our money and wastes it. Private business is far more efficient. Health schemes like BUPA are not that expensive and would be even cheaper with scale.

[@lw1zfog]

😂🤣😂🤦🏽‍♂️🥴🤡

[@SteveConkie-t6r]

@@Garycarlyle Absolute nonsense

[@a0um]

My mother is a nurse and it’s true they are underpaid. She’s also sometime that would like everybody to have access to important healthcare regardless of their income. Because healthy citizens are more valuable and efficient citizens, and make an efficient country, if you want to focus on efficiency. Private corporations are efficient until they become monopolies. Do you realise that private corporations were trying to pass laws allowing them to sue governments for banning tobacco? EDIT: also she worked for a private hospital. She worked overtime during Covid. The profit during Covid skyrocketed and at the end of the year management told nurses they were giving the excess to charity (and I wonder who was employed in such charities). 😤 I believe “free markets” work efficiently if they are REGULATED. Public services enable private businesses by providing healthy population and infrastructure. The government must enforce fair rules. Do you realise that if the richest man (Musk) offers 1m$ to people attending Trump rallies prevarication has already gone too far?

[@Dee78584]

Lots of jobs are demanding. Why is it that we put nurses and teachers on this magic pedestal.

[@tanzeelahmadhashmi6209]

Thanks for that, while multinations dont even pay VAT on their purchases

[@allykhan8594]

Lol. Imput vat in most cases are reclaimed l. Talk about things you know.

[@Roger-Mellie]

⁠@@allykhan8594 Are you saying most of the VAT we pay on purchases is reclaimed .? “ Imput” ? What does that mean. ?

[@A190xx]

Why would a multi national come here and give all their money to taxman?

[@john-y7z]

a very dystopian 'rescue' of the 'economy'... what could go wrong?

[@stevenrance5320]

Never has there been such a huge disconnect between the political classes and the working population of this country

[@prideofdurham4776]

How does taking £300 off us pensioners but keeping £4400 for themselves help stabilise the economy?

[@gorgu08]

40BN at 2024 prices compared to 38BN at 1993 prices is chicken feed, adjusting for inflation it is nowhere near the same level of tax increase

[@hanusiaschostak5100]

Budget wasn’t so bad. Good to see the Rich knobs squirm for a change!! WE HAVE SUFFERED for 14 years !!! Nurses social workers mid range salaries reduced by Conservatives to desperate levels something had to be done 👍

[@pippip8744]

@@hanusiaschostak5100 let's hope we aren't massively in debt already and not borrowing more to pay that eh?

[@Mrpsblobsoflowendmung]

Oh dear someone dosnt understand economics!

[@JT-nr2ss]

Agreed, finally a budget that doesn't hurt my family. After the last 14 years of being spat on

[@csharpe5787]

@@Mrpsblobsoflowendmung I take it you’re referring to the conservatives

[@ianrobinson6788]

You really weren’t paying attention were you….

[@JamesBrown-wt5nx]

well done Labour.

[@topfuelteddy]

Have the stopped the invasion? .

[@VanderWolls]

Good!

[@orange1599-u1n]

Legalised theft.

[@CarterSimon777]

@@orange1599-u1n you want to pay back what the government has paid for you? Education, healthcare, defence etc?

[@playerone9824]

Sure, let's just have no public services at all then yeah? Sit down mate, the adults are talking!

[@ottoeunquarto]

ok, now have a glass of water, take your meds and go sit down in the corner.

[@sohailrazaque9785]

@@playerone9824 what public services? bin collection reduced from weekly to every three weeks, doctors appointment where an unqualified receptionist decides whether you see a doctor, and if they do decide you see a doctor its three weeks later, go to A and E its a minimum 6 hour wait, while doctors, management and nurses stand around chatting, consultants on 120k salaries having the audacity to say you have two minutes to see them. I could list many more. Yet they want more tax?

[@edcoad4930]

So you don't benefit (or know someone or will in the future) from education, you don't get ill, use any mechanism for transport, hope the country is defended in the event of attack or is policed? Not to mention local government: road maintenance, bins etc. It would be theft if you lived on your own on a small island with 100% self reliance....but I suspect you don't.

[@ReyanshVishwesh]

The Labour Party ‘promises’ to resolve tax rates and financial issues once again… then they just produce more

[@ssshenkie]

I think anyone with half a brain cell and you were following the economy since atleast the brexit/covid days, you could have seen this coming. Rishi sunak essentially put a bandaid on it which was just enough to make it to the election to gain some favour with the public, but it was already projected that the situation will get worse before it gets better which is exactly the point when labour got to power. So yeah let's be fair here, you can't f up the economy more than the torries did in the last couple of years. The conversatives were ruling for 14 years. Fun fact UK and US used to have the same salary figures, now US is like triple or UK

[@Dee78584]

Yes, but the first woman chancellor - A once in a generation defining moment. What a time to be alive.

[@robfer5370]

All because of the previous Tory government, put the blame where it belongs!!

[@StephenMerchant-up8sg]

Was there ever a Labour Party for 'ordinary' people? Funded by whom? We've been watching a 120year old Punch & Judy show and it's still fooling 'em.

[@michaelwilson2849]

Haven’t seen anything about how much is being set aside to pay for hotels!

[@martinwyke]

The best budget for working people since Gordon Brown's 97 budget.

[@russelhill9721]

Reeves thieves while the nation grieves

[@JT-nr2ss]

I'm not grieving, this budget ate

[@Sodoff-c2b]

Ate ?

[@russelhill9721]

@@Sodoff-c2b maybe he meant 'this budget bites'?

[@russelhill9721]

@@Sodoff-c2b lol. the comment is edited too.

[@DavidMeikle-ei7fr]

Tax hikes alone won't "rescue the economy", only significant investment from the private sector and successful businesses will grow the economy

[@SteveConkie-t6r]

Nonsense.

[@alanprice6399]

Never trust a tory

[@yamyam2987]

How much more for the labour

[@hanusiaschostak5100]

You never heard such criticism of the conservative budgets which were fkg awful!!!!

[@brg9327]

Labour is always judged more harshly than the tories. Par the course for this country. Labour is typically elected after the tories have cut the state down and made life harder for the majority of the country, while enriching themselves. Then Labour come in, sort things out to varying degrees of success, then we get the tories back in and rinse and repeat.

[@SgtAndrewM]

How else are we going to house those migrants 😂

[@bobbytwoshoe8851]

Maybe by not funding wars which displace people into immigration..? 😂

[@stewroo]

Oh shut up.

[@reemreem6841]

You mean how else are we going to support 🇮🇱

[@ducko1988]

This country is doomed. Who would ever start a business in the Uk, no wonder we’re loosing 10,000 millionaires a month - money drives growth I’m afraid

[@Ali-xq9hc]

10,000 million airs will go to China

[@JT-nr2ss]

Word salad, with no dressing

[@ducko1988]

@@JT-nr2sstell me you’re dense without telling me you are dense.

[@gorgu08]

Twatty austerity tears trying to surpress people from having good services

[@greenwoodorganics4681]

Not just millionaires, all the top 18-25 year olds are also gone or working on getting out.

[@EvenMadderMax]

Even more misery and dead pensioners unable to pay heating bills.

[@JohnDoe-uu2zs]

Your getting rescue mixed up with ruin

[@kaleblindsay9055]

I'm really happy the labour government is following the swedish economic model

[@JoJo-xb7do]

Labour overspending, that's rich coming from you Rishi especially with the fact it's your cronies who benefited massively.

[@davidhopkins9024]

Madness! Communities, Councils, Services, NHS, Policing have ALL been in decline for decades but Labour have ZERO grasp of reality, nor what it takes to turn it around. Placing the burden on already struggling private businesses will prove disastrous and with regards to investors, they might as well stuck up a sign at the door “NOT WELCOME” because who in their right mind would bring their hard earned money here?? Here’s an idea, bring your own house in order and whilst you’re at it, tackle the 1.5 million civil servants and council officers who are so called 😏 working from home 5 days a week!! Ridiculous!!!!!

[@Lemontea-y71]

Has everyone forgotten that she has already given the greedy railway unions a huge rise £ 10 thousand a year. Plus the doctors etc. Labour ,always in the pocket of the unions. But the poor farmers have been punished. The average worker is going to be £7.50 a week worse off. She has not raised pensions, that was already in place. Nothing to do with Labour. They have lied and this is just the norm for labour. We need our farmers.

[@SteveConkie-t6r]

It was The Tories who scrapped all farming subsidies. AFTER promising they would not. After lying through their arses about Brexit. If you grudge literally everyone else in the country a decent life, why should we care what you want?

[@catherinemontgomery7130]

rubbish, sunak couldnt care less about the pensioners, there was no money to implement anything the lousy conservatives had 'allegedly put in place', they tried to hide what they had done, they didnt even tell the obi what they had done, they didnt even know about the £5b that sunak borrowed 5 weeks before the election

[@A190xx]

"The trouble with socialism is that eventually you run out of other people's money."

[@cw8867]

"Fully costed manifesto with no tax raises"... And you idiots believed them 🤦‍♂️

[@stopthetories]

You were the idiot that didn’t read the manifesto where they blatantly talked about tax rises

[@cw8867]

@stopthetories i did read it actually thats why i didn't vote for them because i knew it was all lies and they wouldhave to raise taxes (its what every Labour government has always done)... And no, they didn't they said the exact opposite, sweetheart... Why are you making things up?

[@stopthetories]

@@cw8867 You missed the part where they talked about increases in VAT on private schools and non dom tax status. You didn’t read it.

[@martindixon54]

Which idiots? The vast majority of those who turned out to vote in the general election (~66%) cast their vote _against_ Labour.

[@abstractdrumz]

@@cw8867 you must have a bad case of amnesia because most of this year's budget was in the manifesto.

[@Retrogamer71]

Sadly the Labour Chancellor doesn't understand that the poorest in society are being robbed by the employer NI tax increases. Workers in the agency labour supply industry are paid an assignment rate that incorporates employer's NI!!! It is processed by third party payroll companies. Both Agency and Payroll companies have been colluding for many years now over paying the worker an assignment rate where the worker foots the employer's and the employee's national insurance tax. This is blindness by the Labour Party. The result is a tax on the poorest.

[@csharpe5787]

I’m more than happy to pay taxes as long as we have a better standard of living! We’re not exactly burdened with tax in the UK.

[@ianrobinson6788]

Self, self, self…….

[@genesis1765]

Exactly Blair put up NI before the 02 election we grumbled but we so more police NHS waiting at 2 months more teachers a minimum wage

[@aleccap5946]

Lies and a huge chunk of tax we're be paying back, not her or that circus

[@MariaPaley]

It means nothing without trust and we don`t trust you

[@polopowered]

Speak for yourself.

[@unionjackjackson4352]

@@polopoweredyou really trust Labour? Seriously? Wasn’t it Labour that said it was the high taxes of the conservative government that caused the issues with the economy? Wasn’t it Labour that said they wouldn’t raise taxes? Yet you trust liars?

[@MariaPaley]

@@polopowered I think if you scroll down nearly every comment is negative about this "Government" its built on sand. But you are correct I was speaking for myself but 18 others agree with me and 2 agree with you.

[@bichonbuffo]

TRY THERAPY

[@MrSpeekerv1.0]

and you trust who?

[@ElectroPanPipes]

I'm at the stage where nothing these fools do surprises me. That's the biggest worry!

[@keithcoffey394]

I've been listening for over 10 minutes and I still don't know what impact the budget will have one me. Tell me the details before you give me the reactions.

[@TheShepTV]

I don't think "chasing the soap around the shower" is a well-known expression. Not many people feel the need to chase anything around the shower

[@chipsandsoda4373]

tax wealth that is created in this country and use the money to provide what this country needs to be great. we've had 14 years of squeezing the poor and funnelling the money to the top.

[@kenny2553]

Tories crying like crazy 😂😂😂

[@paulyneskipsey]

Labour have a lot to restore from the Tories rich get rich, it’s going to take time to rebalance our society

[@threegenders201]

🙈 do you not see they're both parties of the rich doing a pantomime in parliament? If anything Starmer is increasing wealth inequality with this budget yet again hitting the people in the middle, barely touching the upper class

[@kaleblindsay9055]

I like tax and spend economics Sweden has high taxes and good public services and so do other European countries the UK should become more like other European countries more socialist

[@fintamaria2429]

Stop looking at workers as numbers that only produce money, these workers have families, rent to pay, etc.

[@opollo]

How can they spend money they dont have, since they stopped pensioners heating allowence cos there was a hole in the bank balance.

[@gb8628]

May and Boris had a magic money tree. PPI contracts, cough

[@csharpe5787]

One is borrowing money to invest which grows the economy? The other is spending money they don’t have.

[@Magidek]

While they laundry money to Ukraine what do you expect

[@DavidWilliams-p1n]

The Government's impact assessment of the Illegal Migration Act 2023 estimated that the total cost of providing public services to a UK national is around £12,000 per person. This is where your money goes folks 👍👍

[@YouTubecanbitemyhairybanger]

Right and the 10 million a day on migrants? The BILLIONS to Ukraine? Continuing to pay Europe despite apparently leaving? That's all done for free right?

[@catherinemontgomery7130]

what do you think boris and sunak did with this money

[@tyler-b1h]

Some people say the UK politics is boring and it's a good thing. It's a bad thing actually. It's boring because no politician in the UK ever tries to explain what they are actually doing and why. And that's intentional so people can get bored.

[@Nick-kb6jd]

Good. Better than I expected, but not enough to stop the Titanic.

[@JimmyTerryPWL]

Lots of tax on pork and alcohol

[@Nick-kb6jd]

@ Great. There’s no shortage of boozed up Gammons to squeeze so we can fix our NHS.

[@DanielWhite-v4e]

phew love labour

[@ronniefaucher8513]

no one here has put forward a credible alternative to tax increases to compensate for 14 years of tory cuts and ruin,decline in investment etc are they all saying we do nothing with the blackhole passed on by the lower tax for the rich tories.Lets hear the alternatives!

[@PrecursorPixels]

But but, woke people!! Marxist Starmer!! Won't someone please think about the millionaires? :(

[@SteveConkie-t6r]

They can't. They just trot out the same 3 "arguments" they've been making since The '80s. I mean, if 14 years of the most rabid Tory bastards doesn't prove them right, what does? These idiots won't be happy until the whole of Britain is a sweatshop, with the "right people" swimming in money and everyone else in camps. And then they will complain about what the price of gruel is doing to their "hard-earned profits".

[@SkillFullSheep]

Anyone who didn't see this coming needs to have a word with themselves. The Tories left our finances in tatters. Lab only have three options, tax, borrow or cuts. I think we can all agree that our public services couldn't stand any more cuts. So unless you wanted this all done with borrowing, tax rises were inevitable. I for one am happy to pay more tax if it means I can get a GP appointment in a reasonable time frame or get routine care at hospital without waiting for 12 months plus. You know, like it used to be, before 2010.

[@relentlessshillstomper114]

Yeh, but you won't. What you will see is this is all a load of bs. Your doctors appointments will not change.

[@thakers123]

So you would be happy to loose hours at work because your employer now has to pay higher NI contributions? So your earning less and then your mortgage rate goes up, so your worse off even more!! Remember there are a lot of people in the UK that are hourly paid!

[@SkillFullSheep]

@@thakers123 You spelled 'you're' wrong twice in your reply. Also, you didn't actually reply to anything in my comment. Bushiness are not going to reduce working hours because of an uplift in their NI contributions, that would make them less productive and in turn earn less in the long term. Mortgage rates are currently falling with further reduction in interest rates expected so your point about higher mortgage payments is moot unless BoE actually raise rates.

[@StephD-001]

Do you seriously believe these tax increases will be spent on improving public services? Have a word with yourself!

[@SkillFullSheep]

@ yes. They just announced it in the budget. Were you not listening? I suppose you think it will all be given away to immigrants and the unemployed?

[@ufsland]

Look aside from bad management of our finances. If we want to have a better NHS,schools,social services the money needs to come from somewhere. Unlike the conservatives who sold most off the mental instutions to private sectors and kicked the patients to the streets. Then they privatised most services in the NHS to companies like Virgin. While the rich and companies do not want to pay their share. Always the poor/the week will suffer. Nothing changes😢

[@Ali-xq9hc]

Brxit was a big mistake

[@ufsland]

@Ali-xq9hc Brexit was just a gimmick for the conservatives to get votes. But they did not care about the long term effects in terms of trade. This war on Russia and Ukraine has not helped either. Either way the working class are screwed. I mean David Camerons father was using a tax heaven island somwhere while his son was telling us to pay more tax and privatise everything and sell what they could. When people asked questions they said the problem is refugees and we need to get out off Europe 🤣🤣 now we are were we are the boats are still coming.

[@Bungle-UK]

It doesn’t need more money. It needs to spend the money it already has much more effectively.

[@aaronh678]

@@Ali-xq9hc Bingo!

[@SteveConkie-t6r]

@@Bungle-UK You know nothing.

[@Lukesummers94]

The tory guy lost me when he said the public would look at the budget "dispassionately" and brought up Corbyn. Not that I think Labour have played a blinder.

[@ZuulGatekeeper]

Inflicting the highest TAX burden on the people in UK history then turning around & saying it's to prevent austerity.

[@CarterSimon777]

I do love when channel 4 has a long video, very likely to be a good one

[@paulhinton8699]

High Tax , High borrowing, High spending can only mean one thing. A recession and then a great depression. Well done 4 not giving any businesses confidence to invest.

[@John-xd7jg]

Not true Tories boy 😅

[@csharpe5787]

Go the learn about economics.

[@lazybugger]

Not necessarily. It's context specific.

[@Zombieslayer199]

Feder, who was the chief economist for the NSDAP, understood that usury kept the people mired in materialism and poverty, with a negative downstream effect of all other aspects of national flourishing. He is quoted as follows: "Our anti-Mammonistic battle, which is ranged above the other two battle-fronts, is directed against the world-encompassing financial power, that is, against the permanent financial and economic bleeding and exploitation of our people through large loan capital. This battle however is, on the other hand, also a powerful intellectual struggle against the soul-destroying materialistic spirit of egoism and avarice with all its concomitant corrupting manifestations in all fields of our public, economic and cultural life.“ ~ Gottfried Feder

[@TacticalNarcissist]

"Least hit; Drivers, Drinkers" "Most hit; Families" Shout out the intern who ordered those

[@truthmatters5209]

National Insurance tax hikes combined with a rise in the minimum wage will destroy tens of thousands of small businesses. It's over for the Labour Party. They are so smug and self satisfied in their London bubble but they've just sowed the seeds of their own destruction.

[@RichardKent-c1u]

Well done! First decent budget in years!

[@markadamson2102]

So many contradictions

[@markmcnulty7736]

Great comment. So insightful.

[@robodad_]

Its actually to make sure that minimum wage increase equates to a minimum wage decrease.

[@reneagac4739]

Personally, I think its brilliant. Large businesses and rich had it too good for too long in the UK and it may cost them more to employ someone but in return they get more productivity out of people by stronger NHS. It costs businesses to have high crime rates too so taxing them more to improve on public services is good and benefits them anyway. Its a long term plan but it had to be done rather than hands off and everyone out for themselves tory approach. Only time will tell but I like the idea in general.

[@yamyam2987]

🤡🤡🤡

[@NeilBevan-to7bn]

We've all been here before some decades ago, but nowadays there is so much more 'expectation' from families and that also includes our Children, so now we need to reconsider our priorities and change them accordingly. We have to ask ourselves, do we really need that singing and dancing Sky TV package that we pay £50 - £70 per month for, and our i phone contracts that are not cheap instead of having a 'pay as you go' mobile? (especially for the kids). Tobacco habits that cost £400 monthly and alcohol that isn't cheap either. How many of us have got used to eating out every weekend and having ridiculously priced take aways? NO.......I'm not saying get rid of them all, but review them all and see how much you can really save. I kicked my Sky subscription into touch in the Spring, stopped smoking 25 years ago, and have only drunk at weekends, and if you saw my mobile phone you'd have a giggle.

[@R4STABAN]

Shares in Sudocrem have hit an all time high as Consheepatives rush to soothe their butthurt

[@csharpe5787]

Oh my God, the Tories is a lying again. Gareth, she isn’t taxing the British people, she’s taxing business.

[@mike2410]

Businesses are people who employ/pay people.

[@patriciapresley8484]

They will be so do your best to stop the truth 😂

[@DavidWilliams-p1n]

Bring back Guy Fawkes 👍👍

[@MaritaDiary]

Everyone in the government should take a pay cut to contribute and ease the common working people.

[@DavidLayfield-s3c]

Need a referendum on the voting system to the pr system make it happen bring it on need a referendum on leaving the echr scrap all foreign aid charity begins at home depot all illegal immigrants send them all back

[@Digital__25]

Leaving the ECHR literally means that our country could scrap minimum wage. Any business is going to do that

[@guyharrison4447]

Brexit alone is costing the UK £40bn a year, 4% off GDP. Who knew that self-ostracisation from the worlds largest trading block, on our doorstep, would be bad for the economy? Yet Labour cannot even bring themselves to talk about it? Choosing to maintain the hard Brexit red lines will predictably, result in no significant growth

[@pippip8744]

The EU isn't the largest trade block, or the second.

[@SkillFullSheep]

@@pippip8744 What? Yes it is. A five second google search confirms this. There is no excuse for this kind of ignorance in 2024.

[@Carl-y2g]

​​@@SkillFullSheeptwo thirds of parliament are anti brexit and the entire civil service also, no wonder brexit isn't working.

[@pippip8744]

@SkillFullSheep what is the share for BRICS?

[@WDeranged]

Because the EU doesn't want us back (yet) and reigniting the issue will just add a load of useless noise to the discourse.

[@thomash6497]

Long overdue £70bn downpayment on rebuilding our crumbling infrastructure and public services after a lost decade and a half of Tory austerity and wealth extraction. A wealth tax of 3% should follow next year.

[@robfer5370]

Bingo, she is just doing what the previous Tory government was kicking down the road for over a decade!

[@phildobson8705]

25% UK retail is online: 2023 £217 billion 20%VAT = 43.4billion already !😮 Minimum wage supermarket/delivery workers will "just have to work harder" to "pay" the extra NI tax?

[@ssg_ss7]

Channel4 are u Deleting comments ?? 😅

[@alexanderbest]

What a ridiculous headline. When have taxes ever improved the economy? 😂

[@outcastp23]

All the tories are cryig their hearts out, damn they really wanted another 14 years austerity!

[@MikeBrocklehurst]

I thought she had increased taxes so much to pay for the increase in public sector pay and to help cover the cost of the illegal immigrants?

[@horizontal48]

The hypocrisy is sickening

[@janeevans5132]

She is a real creep they are no better than the Tories they have already proved that without this robbing budget.

[@RealWatch1]

labour, dont mess this up, you’ve only been in power for a couple months. be better than the tories

[@cubbwatch]

😂😂😂😂😂😂😂

[@jordanscarborough-ht7zx]

How do these loonys have the right to wear a poppy, them people fought for this country not destroyed it like these are doing.

[@aidancleary7019]

Your man’s teeth would need that 40 billion alone. I can smell his breath through the camera!