Timmy elsewhere

At the ASI.

An early Christmas present.

7 thoughts on “Timmy elsewhere”

  1. Sorta related/sorta OT: with all the “cuts”, has anyone actually noticed much difference?

    OK, libraries are closing down, but they’re like the 21st century version of velum makers (in some areas, it’s now cheaper to just buy the book from Amazon than to do a rental). I guess for people on low incomes, things like the “bedroom tax” probably hurt (in principle, the “bedroom tax” is quite a good idea, but it has practical problems). People can no longer afford to get their rent paid in Kensington? Well boo hoo.

    So, raising the tax threshold has what real effect on people’s lives, other than giving them more money for the things they want?

  2. Stig,
    It’s quite easy to make fairly deep cuts without the majority of people noticing. Two extra pupils in each classroom, because you’ve cut the number of teachers? Barely noticeable. NHS operations are delayed a month? Most people don’t have an operation in any given year, so they won’t notice it for a while. Police numbers cut? Again, most people aren’t a victim of crime in any given year.

    By contrast if you so much as lay a finger on pensions (roughly as big an expense as health or education), one person in six notices immediately, and they’ll be sure to let you know. The only way to cut pensions is fiscal drag; and Cameron’s triple-lock has closed that path.

  3. The Stigler: “So, raising the tax threshold has what real effect on people’s lives, other than giving them more money for the things they want?”

    It means that there are more people who can vote for tax and benefit policies which adversely affect other people but not themselves because funding for them is not taken from their own pockets. It astonishes me that ASI either have not noticed this or consider it to be a good thing.

  4. Ian Bennett

    I’m afraid you read a little like Richard Murphy, Howard Reed Colin Hines and all those other Marxo-fascists who insist you don’t have a “stake” in democracy if you don’t pay tax. If you think about it, it is not a little bit nasty to want low – paid people to pay tax as some sort of condition for their franchise.
    I would also point out that most of us, take Richard Murphy as a good example, have no “stake ” in the Mansion Tax, but boy does he, do they, have an opinion. Likewise I – and you I bet – have no “stake” in the bedroom tax debate. Do you have an opinion? I do.

  5. Hey Tim, what do the Resolution Foundation et al mean by “the Poorest”?. Does it include everyone on or below the full – time minimum wage or beneath the living wage (I add the living wage for comedy value) or just a.convenient subset?

    I ask because I’m getting the feeling they’re playing us. They insist the living wage in the minimum an employer should ever consider paying an employee. Yet when an increase in the PA is announced, which benefits those earning less than the living wage and minimum wage they say it will not help the poorest.
    Note that this is not same as saying it will benefit people on higher earnings as much if not more than the poorest (they repeatedly say that as well), they are saying it WILL NOT BENEFIT the poorest. For that to be true there must be people on less than the minimum wage who are no longer classed as the poorest.

  6. There are over 62 million people in this country so the “1%” comprises 0.6 million. The Resolution Foundation claim that there are 5 million who don’t pay income – that is far too small. There should be at least 20 million adults who don’t pay income tax. Anyhow decrying something which helps *only* 57 million (93%) people (or 56 million if you define the top 1% as not being people because they’re rich) is … how can I describe it? Would satanic fit?

  7. Ironman,

    > I’m getting the feeling they’re playing us.

    Well, of course they are:

    A report analysing the impact of the main tax cuts being proposed by the Conservatives, Labour, the Liberal Democrats and the UK Independence party (Ukip) said they would not benefit nearly 5m low-paid employees who do not pay income tax.

    The tax cuts won’t benefit people who don’t pay tax? I am shocked, shocked I say….

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