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NATIONAL DEBT
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David | Report | 3 Apr 2016 14:04 |
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RolloTheRed | Report | 3 Apr 2016 12:19 |
You might do better if you wish to have some understanding of economics and all those billions to have a stab at two basic texts from Paul Einzig and Lipsey & Crystal |
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David | Report | 3 Apr 2016 11:13 |
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David | Report | 29 Mar 2016 19:34 |
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Annx | Report | 28 Mar 2016 19:37 |
They turned one of our closed down mines into a museum David, but even that closed last year. |
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David | Report | 28 Mar 2016 19:08 |
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Annx | Report | 28 Mar 2016 18:26 |
Yes good old SERPs David. The earnings related addition to state pension that coincided with NI becoming a percentage of your earnings instead of being a flat rate deduction each week/month. In a tax year, the amount of NI you paid at the lower earnings limit for NI covered your basic state pension for that year and the NI paid on earnings above that counted towards your SERPS for that year. |
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David | Report | 28 Mar 2016 17:30 |
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David | Report | 28 Mar 2016 17:28 |
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Annx | Report | 28 Mar 2016 16:02 |
I take your point IGP and NI has been mooted for many years to become another tax as it likely will in the future, although it is said that there are still difficulties with a merger. It has also been politic to keep it seperate from income tax so the income tax figure looks lower than if combined with NI. |
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David | Report | 28 Mar 2016 13:39 |
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InspectorGreenPen | Report | 28 Mar 2016 13:29 |
Just to clarify, I didn't say top rate is the highest ever. What I said was that the proportion of tax paid by high earners has risen under the present government. Not the same thing at all. |
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Annx | Report | 27 Mar 2016 17:00 |
Whilst that is true PatinCyprus, what is being paid in NI isn't just what is paid by younger people, employers contribute to the NI fund too and even then the amounts are insufficient to cover pension payments and have to be topped up by the govt. Also, NI payments cover many benefits payable to younger people as well eg payment to widows/widowers and sickness benefit. |
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David | Report | 27 Mar 2016 15:54 |
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magpie | Report | 27 Mar 2016 15:40 |
Again David, all this info is on line!! |
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David | Report | 27 Mar 2016 10:22 |
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PatinCyprus | Report | 27 Mar 2016 09:50 |
Those paying NI now towards their pension are in reality giving the money to the government to pay pensioners now. |
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David | Report | 27 Mar 2016 08:34 |
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InspectorGreenPen | Report | 27 Mar 2016 06:12 |
The Chancelor's aim is to get the get the annual budget into balance so what we expect to see over time is a reduction in the amount of new debt each year. A reduction in overall debt comes much later. |
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David | Report | 27 Mar 2016 05:44 |
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