RE: RE: Why I Think Banks Will Continue To Rise.Today8 Jun 2020 16:27
Theosus,
Banks - the banks are regulated by the PRA which is part of the BOE which is completely autonomous from government.
Pensions - George Brown stole your pension, not Rishi Sunak. Now people can do what they want through a SIPP, what’s not to like. Now we know the lifetime is now £1m, the average Joe won’t be affected if you want more you pay the charge.
CGT - Introduced by sunny Jim Callaghan, remember him (your hero by the sound of your post). I believe the only thing Sunak changed was the lifetime allowance which will not affect 80% of small businesses, all other rates, basic and higher remain the same.
Perhaps you are into buy-to-let and want to unload some property, can’t please all of the people all of the time.
Tax take - Of course the uptrend continues, as peeps become more prosperous.
The true blue govt you talk of, in these times is on the back burner for now, but a red one or come to that an orange one would completely disillusion you.
We were in the middle of a pandemic when Sunak delivered his first budget, only been in the job for 12 weeks you had some nibbles the big changes will come later.
Yes, I’m for real what’s not to like when you consider the alternatives. TBH I really don't know what you're on about Theosus.
You're starting to sound like everyone on the MSM…….we need more money!
Remember, don't be frightened to take some profit.