Tax Waste

Easy come, easy go. That is policy or is it just practice? At all events, it is what happens. Put tax up a bit each year, the millions roll in. Print money to generate inflation which drives down the value of debts. Bribe special interests and bingo, we have a monster. The Tax Payers Alliance http://www.taxpayersalliance.com/ ] has views about this. They have collected evidence. It is not real evidence so much as the government's own claims, which makes it difficult for them to deny responsibility. They publish the Bumper Book of Government Waste, which you can down load as a freebie. One wheeze is Vote Labour And Make £55 Thousand A Year Tax Free With Adult Placement. Being a foster parent pays off. Here are sources. Reports from faraway Hellholes prove that it is not just our lot with their snouts in the trough.

Read for yourself. Think for yourself. Decide for yourself.

Her Majesty's Government Wastes £120 Billion Of Our Money Every Year [ 17 June 2013 ]
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£120 billion of your money down the drain  EVERY year: The astonishing Whitehall waste that could send every British family on an annual luxury holiday Wasteful spending by the public sector on useless projects costs every British household £4,500 a year - enough to 'buy a luxury holiday for every family', a pressure group has claimed. The TaxPayers’ Alliance has identified cuts that it says could save about £120billion – effectively wiping out the UK’s budget deficit – without ‘closing a single hospital, firing a single teacher or disbanding a single regiment’.

The organisation has collated a list of ‘ludicrous examples of wasteful spending’ – including the Ministry of Defence paying £22 for a light bulb and the Arts Council squandering £95,000 on an installation comprising a skip covered in yellow lights.

In other examples:

The alleged wasteful spending - a sixth of the total government expenditure - is more than the whole of the NHS budget and five times the amount spent by the Ministry of Defence.
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17% waste merely using government figures proves deep incompetence - at best. The TPA is not even trying hard. The NHS has become the International Health Service, which is defrauded by thousands of foreigners every year. Bribing millions of Third World freeloaders with Illegal Immigrant Housing costs billions. Ditto for dole payments. Read this then consider the fool writing the next one. See the Bumper Book Of Government Waste for the evidence.

 

Detroit Defaulting On $2.5 Billion Debt [ 18 June 2013 ]
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Detroit said Friday it would stop making payments on about $2.5 billion in unsecured debt and ask creditors to take about 10 cents on the dollar of what the city owes them in a move to avoid what bankruptcy experts have said would be the largest municipal bankruptcy in U.S. history......... Under his proposal, underfunded pension claims likely would get less than the 10 cents on the dollar.... Detroit’s fiscal nightmare didn’t occur overnight. It’s been decades in the making as city leaders took out bonds at high interest rates to pay bills Detroit’s general fund couldn’t cover..... The city’s budget deficit could top $380 million by July 1. Orr believes Detroit’s long-term debt is more than $17 billion.
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Fox News is polite enough not to explain the causes. Detroit is dying as people flee the blacks. The car industry is fading away. Work is going; people ditto. It is Multiculturalism in action. Detroit is becoming like Liberia.

 

 

Adult Placement
Care in the Community, Adult Placement, they sound worthy, caring, helping people to help themselves. That is the theory. The reality is not quite the same. Families do not always work as well as one would like. Single parent families are bad news. In practice they are fatherless families. The sons are far more likely to go into crime than those of ordinary decent families. But this is about zero parent families.

Adults do get taken into care; so do children. Parents are sometimes feckless, reckless, a danger to them and theirs. The cause can be government meddling. One answer; it sounds well meaning answer is Adult Placement. It has winners and losers. One of the latter was always going to be the tax payer. The winner is the carer. The tax advantages are very useful. They are good enough to tempt a lot of people to take advantage and, this is not incidental vote Labour because that is the goose that lays the golden egg for their kind of people.

The pay off is laid out in a leaflet called HMRC 236. It is a very useful exemption from tax on income up to £55 thousand which is a good deal more than the average working man ever gets.

 

Vote Labour And Make £55 Thousand A Year Tax Free With Adult Placement - http://www.naaps.org.uk/downloads/HMRC_Tax_Sheet_236.pdf
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If you provide foster care to children and young people placed with you either by local authorities (Health & Social Services (HSS) Trusts in Northern Ireland) or voluntary fostering organizations, we will usually treat you as being self-employed. However, your income or profits from such care will usually be exempt from Income Tax.

This exemption does not include private fostering arrangements. So if you receive payments from the parent of a child for looking after them you will not qualify for the Income Tax exemption. Private foster carers should calculate their profits in the normal way.
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Government employees or the "Charitable" get the exemption. The rest of us do not. This is bribery for Labour voters. The exemption is £10,000 + £250 per week for up three children. Add in the normal personal allowance of £6,475 to get a grand total of 55,475 before you have to pay a penny. You also get a heavily discounted National Insurance at the rate of £2.20 per week. One advantage not mentioned by HMRC is that it gives Paedophiles excellent opportunities for perverting children. If you doubt the point about paedophiles look at Mark Trotter to know that the entire  Labour Party did not want to know.

 

Errors & omissions, broken links, cock ups, over-emphasis, malice [ real or imaginary ] or whatever; if you find any I am open to comment.

Email me at Mike Emery. All financial contributions are cheerfully accepted. If you want to keep it private, use my PGP key.  Home

Updated  on Thursday, 19 November 2020 09:09:54