Re: EU Civil War - Five EU Countries Rebelling!
Originally Posted by
Percy Vere
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If the last MFF focused on economic growth and job creation, pray tell me why the unemployment rates of Greece, Spain, Italy and, probably, France too are so high?
Maybe it's a bit like national budgets? Take a look at UK's 2018 budget highlights. Were they all realised In 2018?
According to Phil, austerity is "coming to an end". (Bit awks, cos PM Theresa May said it was already "over"). That should mean no more big cuts to public spending.
The NHS will get an extra £20.5 billion over the next 5 years. The gov is also going to spend £2 billion a year more on mental health services.
The personal allowance - how much of your income you get tax free - is going up by £700 to to £12,500 next April.
Big technology companies like Facebook, Amazon and Google are going to have to pay a new digital service tax from 2020. (We don't know how much the tax will be yet).
Anyone using a mortgage to buy a home under £500,000 won't have to pay stamp duty (a tax).
The income threshold at which you are no longer*eligible for Universal Credit (the welfare scheme that gives money to people on low incomes) is being raised to help the poorest.
The government is going to spend £30 billion fixing potholes and doing other road repairs.