Obama's overreaching oar...

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Blogpost title referring to Obama (all posts) infamously (IMHO :-) ) sticking his overreaching oar into purely UK matters...now Creepy Joe has done the same (in what many call Obama's third term):

Friday: White House Press Secretary Karine Jean-Pierre says:

"And, you know, we’ve been very clear — like, we won’t comment on the UK government’s — their dem- — their own domestic policies or internal decision-making... [...] 

"So, not something that we’re going to comment on.

But anything specifically that’s related to their domestic policies or domestic decisions, we’re just not going to comment on that." [LINK]

Saturday: cue Sleepy/Creepy Joe/Brandon doing exactly what she said they wouldn't do: commenting on domestic policies (reported today in UK).

You may claim it's international because err...because the mini-budget caused worldwide ructions...really? Of course part of it could be THIS,** [OECD tax database] doing what TPTB don't want you to do; that could explain the IMF's strange intervention and now Creepy Joe. "The Biden administration wants to raise the U.S. corporate tax rate to 28%, so it has proposed a global minimum of 21% – double the rate on the current GILTI tax." 

Of course none of it is anything to do with trillions in debt, derivative failures, failing banks, looming crash, years of quantative easing, lockdown lunacy etc...

**Source: 145cm.net/finance

Overspending obstipation...

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Some great info HERE. "Information is beautiful: war games". Now, the image to the left is what we all knew right? Well almost: "Amid confusion over the rise in defence cuts, I was surprised to learn that the UK has one of the biggest military budgets in the world"...who knew the UK spent the same as China! But hey, no surprise that the US has the biggest - by a long way - military budget. So what would you say if I said that the USA spends the same on arms/defence as does Sri Lanka or Singapore. It's true! Click on image to find out.



 

Overspending obstipation...

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Some great info HERE. "Information is beautiful: war games". Now, the image to the left is what we all knew right? Well almost: "Amid confusion over the rise in defence cuts, I was surprised to learn that the UK has one of the biggest military budgets in the world"...who knew the UK spent the same as China! But hey, no surprise that the US has the biggest - by a long way - military budget. So what would you say if I said that the USA spends the same on arms/defence as does Sri Lanka or Singapore. It's true! Click on image to find out.

 

Objurgating objicients...

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Or 'rebuking objectors'. Surely these headlines weren't ALL attention grabbing half truths? Well it seems most were. I wondered why the howling 'granny tax' banshees went silent (and not just because Cruddasgate came along). It seems 'the freezing of the Age Related Allowance to bring it into line with non-pensioners tax allowances means'... ...'most pensioners will still be better off as a result of all the changes the government are making'. 




Although HMRC workings show that nearly four and a half million people will lose about £1.50 a week with one hand (yes, that's what the furore was over) they gain far more with the other hand: paraphrasing Chris Heaton-Harris on daventrycalling: 'nobody will have cash taken away from them...over 5 million of the poorest pensioners are completely unaffected...half of those over 65 will pay no tax at all next year...and thanks to the 'triple lock' guarantee, the basic state pension is rising by 5.2% this year, a record £275.60 per year increase' (the largest annual increase since the state pension was introduced).



"The Institute for Fiscal Studies has said that pensioners were the group least affected by changes to tax and benefits in the Budget. By the time of the next election, this government will have raised the state pensions by 43%. That is an unprecedented rise, and is far more than most working people can expect their incomes to rise by over the same period."



Update, Wednesday 28th: maybe Ann Widdicombe reads Owsblog!

Objurgating objicients...

---

Or 'rebuking objectors'. Surely these headlines weren't ALL attention grabbing half truths? Well it seems most were. I wondered why the howling 'granny tax' banshees went silent (and not just because Cruddasgate came along). It seems 'the freezing of the Age Related Allowance to bring it into line with non-pensioners tax allowances means'... ...'most pensioners will still be better off as a result of all the changes the government are making'. 

Although HMRC workings show that nearly four and a half million people will lose about £1.50 a week with one hand (yes, that's what the furore was over) they gain far more with the other hand: paraphrasing Chris Heaton-Harris on daventrycalling: 'nobody will have cash taken away from them...over 5 million of the poorest pensioners are completely unaffected...half of those over 65 will pay no tax at all next year...and thanks to the 'triple lock' guarantee, the basic state pension is rising by 5.2% this year, a record £275.60 per year increase' (the largest annual increase since the state pension was introduced).

"The Institute for Fiscal Studies has said that pensioners were the group least affected by changes to tax and benefits in the Budget. By the time of the next election, this government will have raised the state pensions by 43%. That is an unprecedented rise, and is far more than most working people can expect their incomes to rise by over the same period."

Update, Wednesday 28th: maybe Ann Widdicombe reads Owsblog!