The Mudcat Café TM
Thread #130345   Message #2932680
Posted By: Arthur_itus
22-Jun-10 - 11:26 AM
Thread Name: BS: A well balanced fair budget! (UK)
Subject: RE: BS: A well balanced fair budget!
Well I am looking at the budget points and in all honesty, it does not seem as bad as I expected. I am definately not well off and can't even afford a holiday for the second year running. Stopped buying alcohol or going out for meals. We have cut down on luxury spending on food, plus other things.
Already tightened the spending belt. That's what you have to do in times of need.

VAT up to 20% is a bummer, but at least we can see the tax increase clearly, unlike Labour who hid their tax increases.
If I can afford to buy anything, I have no problem paying the VAT. If I can't I go without.

No increase on Alcohol, Ciggies or petrol.

Increase in tax allowance.

Most of the benefit allowances seem to be fair enough.

Here is the link to the main points of the budget.

http://news.bbc.co.uk/1/hi/politics/10374475.stm

Whoever does a budget will get whinged at by the ones it directly affects. We have a massive debt and we have to face up to it. Everybody will have to play their part.