Budget 2009

[iCraig]

Originally Posted by Zirax

Just bloody build nuclear :/

I watched a documentary on iPlayer not long ago about the future of energy and according to that and some very respected Nuclear experts it's simply incapable of catching up with the demand. The figures just didn't add up. The time it takes for a plant to be built, and its lifespan etc, it fell short of the country's current power demands, never mind the future demands. Renewable energy such as wind and solar power was also dismissed as nothing but a minor contributor.

Fusion power seems to be the future. The first experimental reactor has been built and under heavy testing. They're hoping to harness the power properly within 20 years. By the sounds of it Fusion power stations would outperform Nuclear many times over, and best of all, is completely clean. For those interested, read up on it. In a nut shell it's harnessing the same energy created by the sun.

[Zirax]

Cameron is delivering one hell of a response.

[divine]

CHP is a good energy source for any intermediate use until fusion is cracked properly, assuming it can be utilised effectively.

[Zirax]

Fusion is interesting, but it's still experimental. 20 years is a best case scenario really. Would love it to happen.

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Loss making companies can claim back some tax for 3 years

cash isa - 5100 from next year

[Mark]

I meant to watch and record this, just to see the Chancellor squirm. And squirm. I hope they replay the whole thing - including Cameron. For once, it'll be worth it. If they don't, I'll have to find my iPlayer tools - I want this one for posterity.

[Zirax]

It's good for that. Was mostly listening to it while working, saw odd snippets.

[Admiral Huddy]

50% tax over £100k earners.

I'm pleased about this.. I'm fed up with being in the same tax band as someone earning £100k + whereas those on litttle or low income get everything.

[Glaucus]

Originally Posted by Admiral Huddy

50% tax over £100k earners.

I'm pleased about this.. I'm fed up with being in the same tax band as someone earning £100k + whereas those on litttle or low income get everything.

Totally silly attitude imo. Everyone should be taxed the same. If you get on in life and work hard you should benefit from the rewards.
Should raise the personal allowance to something like 10k then tax eh rest at 40%. Not only does it make life easier for the low paid, it makes it fair and easy for the tax man to work out.

[Admiral Huddy]

but it's not like that. You have already condtradicted yourself by saying everyone should be taxed the same but in the next breath say that those on low income should get more help more.. There is already a tiered system for those on low income... like lower taxes and family tax credit etc.. but nothing for Mr average..

[Glaucus]

Originally Posted by Admiral Huddy

but it's not like that. You have already condractioed yourself by saying that those on low income get more.. There is already a tiered system for those on low income... but nothing for mr average..

It's not a contradiction, under a flat tax, everyone would get the same. Everyone is entitled to the personal allowance.
why punish those who work hard? who will already pay far more taxes through VAT and all the other hidden taxes. there is no justification to tax the well paid more, other than jealousy.