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Isle of Man Budget 2024


Maugholdmafia

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2 hours ago, Banker said:

If you men Manx radio, the article is here, John Webster hasn’t been IOMG economist for at least 30 years and is mainly concerned with his own personal wealth and company interests.

https://www.manxradio.com/news/isle-of-man-news/economic-data-should-concern-treasury-says-economist/

He may have not been a IOMG employee or big shot within the annals of IOMG for many years, but he is still respected and his views carry weight. So when he gives his analysis, then the media will report it. Though I am sure that the IOMG cheerleaders will be lining up, to character assinate him. 

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3 hours ago, Kopek said:

If we have to match UK NI rates, Will the UK cut of 2% in NI affect our already announced budget?

No as UK NI rates have nothing to do with IOM , same as tax rates. If we followed UK the vast majority of workers would be paying substantially more in taxes

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13 minutes ago, Albert Tatlock said:

This is indeed concerning...https://www.manxradio.com/news/isle-of-man-news/economic-data-should-concern-treasury-says-economist/

Are government budgeting or just bullshitting on the right data?

The Govt are just in largesse self-preservation mode, Budget-to-Budget.

Until they find something to replace a £100M+ pa draw on the reserves....like a magic bean tree.

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33 minutes ago, Non-Believer said:

The Govt are just in largesse self-preservation mode, Budget-to-Budget.

Until they find something to replace a £100M+ pa draw on the reserves....like a magic bean tree.

Pre Budget meeting: "Hang on lads, I've got a great idea..."

clinic0_2473599b.jpg?imwidth=680

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9 hours ago, A fool and his money..... said:

It's the high rollers that would be paying substantially more, most workers would be paying modestly more.

Spouses tax free allowance fully transferable here plus 10% tax first not in Uk so all workers better off here 

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Timbo proudly proclaims that hiking bus fares for schoolkids will net Govt another £45k.

Once again, we see that it's all about revenue. Nothing about any adverse effects. Most bus fares are subsidised if it's a public service, especially if we are trying to wean people off their cars.

But the priority is that we got to keep those growing numbers of fat arses in salaries and their pension entitlement.

Screenshot_20240306-101702_Samsung Internet.jpg

Edited by Non-Believer
Typo
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1 minute ago, Non-Believer said:

Timbo proudly proclaims that hiking bus fares for schoolkids will net Govt another £45k.

Once again, we see that it's all about revenue. Nothing about any adverse effects.

Got to keep those growing numbers of fat arses in salaries and their pension entitlement.

Screenshot_20240306-101702_Samsung Internet.jpg

Aye... and there's a strong rumour going around that you won't be able to apply for an IOM Bus GO Silver card (for OAPs) until you're dead. Now that's what you call a saving. 😉

As I said elsewhere on this Forum this government is NOT of the people, by the people for the people. It just doesn't give a shit.

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