What have the Libdems got out of this Budget?

[andyofborg]

they get to play an important part in sorting out the mess that orange blair, golden brown and the millipede brothers made of the country

[Grandad.Malky]

They got to sit on the front bench and look pretty

 

And nod there heads like this.

 

[Grandad.Malky]

they get to play an important part in sorting out the mess that orange blair, golden brown and the millipede brothers made of the country

 

Keep saying it at one day even you will believe it.

[andyofborg]

Keep saying it at one day even you will believe it.

 

the forum went a bit odd and kept saying i couldn't post the message

[I1L2T3]

the forum went a bit odd and kept saying i couldn't post the message

 

Nah you just got a little bit excited. Cheap deal on tissues in Asda at the mo - grab em before the VAT goes up.

[espadrille]

In answer to the OP..

email from Nick Clegg..

 

 

Dear Jayne,

 

Yesterday I wrote to you about why we have to take difficult decisions to tackle the deficit and lay the foundations of a fairer society. These are not decisions that any government wants to take but we have no choice except to clear up the financial mess that Labour left us. Today’s Budget takes these difficult decisions in an honest and fair way and with the clear stamp of Liberal Democrat values running through it.

 

In the past, efforts to tackle a big deficit have always hit the poorest the most. The coalition has ensured that – for the first time – this will not happen. The richest will pay the most, while pensioners and children will be protected.

 

Look through the Budget and you will see key policies we campaigned for being put into effect.

 

The £1,000 increase in the Income Tax allowance will mean that 880,000 low paid workers will be freed from Income Tax altogether. This is the first step towards delivering our manifesto commitment to ensure no-one pays tax on the first £10,000 they earn.

 

 

The Budget puts in place our promise of a new tax on banks, ensuring that they help to pay to clear up the mess left by the financial crisis.

 

 

Top earners will pay a full 10% more in Capital Gains Tax than under Labour, with no loopholes or tapers or get-out clauses. That change helps ensure those with the broadest shoulders take the greatest strain.

 

 

We will guarantee that pensioners get a fair deal, putting into effect the Liberal Democrat manifesto commitment for a “triple lock”, so state pensions rise every year in line with earnings, inflation, or by 2.5%, whichever is the highest. Never again will pensioners be allowed to fall behind.

 

 

The Coalition Government will not let regions, towns or cities that depend heavily on the public sector be forgotten. That’s why this Budget establishes a regional growth fund to ensure those parts of the country get meaningful support to help create jobs and opportunities for all.

 

 

Tackling Child Poverty remains at the heart of the government’s approach. So while we have decided to cut child tax credits for those who can most afford it, we have increased tax credits for the poorest families and put up to £ 2 billion into child tax credits to help ensure children of all backgrounds get a fair start in life.

These measures will ensure that the burden of deficit reduction is shared fairly across society.

 

This Government is being honest with people about the road ahead. Together, we can make it through these difficult times and restore health to our economy and to the public finances. These difficult choices are the foundation stones for the fairer Britain we will build over the next five years.

 

Best wishes,

 

 

 

Nick Clegg MP

Leader of the Liberal Democrats & Deputy Prime Minister

[ricgem2002]

a place on the government on the backs of lies and deceit well done all you libdem voters who thought u was doing the right thing:thumbsup:

[Grandad.Malky]

a place on the government on the backs of lies and deceit well done all you libdem voters who thought u was doing the right thing:thumbsup:

 

A political messiah arrived and wooed the nation, unfortunately it hasn’t taken long for his crown to slip.

[andyofborg]

a place on the government on the backs of lies and deceit well done all you libdem voters who thought u was doing the right thing:thumbsup:

 

i'm a libdem voter, and up to now i think i've done the right thing

 

the government has done what was necessary to correct the mess left by the previous administration

[Titanic99]

In the past, efforts to tackle a big deficit have always hit the poorest the most. The coalition has ensured that – for the first time – this will not happen. The richest will pay the most, while pensioners and children will be protected.

 

Look through the Budget and you will see key policies we campaigned for being put into effect.

 

The £1,000 increase in the Income Tax allowance will mean that 880,000 low paid workers will be freed from Income Tax altogether. This is the first step towards delivering our manifesto commitment to ensure no-one pays tax on the first £10,000 they earn.

 

 

 

All I can say is don't believe everything your Messiah says.

 

The reality is that the increase in the Tax Allowance will be almost completely swallowed up by reductions in Tax Credits and Housing/Council Tax Benefit as these are means tested.

 

So yes they will get a few extra quid in their wage packet but they will also get a little less in Benefit to counter this.

 

When the other cuts are factored in then you will see that nothing has been done for the poor.