Sainsbury's Faces £140 Million Hit from National Insurance Hike, Warns of Rising Inflation

[Chomper Higgot]

15 minutes ago, scottiejohn said:

You need to ask the Chancellor, not me, as she is the one who said it!

 

PS; The clue is in her phrase "her tax-raising Budget"!

 

PPS;  Please do not respond for my benefit as I will just ignore it!

Yep some taxes went up, this thread is discussing one of them.

 

But taxes on working people did not go up.

 

Was that a flounce I wonder?

[Chomper Higgot]

23 minutes ago, The Cyclist said:

 

Was that docu from the 70's ?
 

Todays estimates are anywhere between £5 million  to £30 milion a day.

 

The true figure will never be revealed, as it is apparently not in the public interest.

 

Give it 6 months for things to work through the system and

 

* Unemployment starts rising

 

* Inflation starts rising

 

* Over 1000 new arrivals continue to arrive on a weekly basis

 

* Power Companies are already sending out ' What to do in a blackout ' leaflets

 

* The Chancellors tax raising measures do not came anywhere near raising the tax she expects

 

You can probably guess the rest.

And if it doesn’t you’ll hope that in the interim 6 months we’ve all forgotten your  predictions, which I expect t you’ll only replace with more.

 

 

Edited Sunday at 10:15 AM by Chomper Higgot

[Bkk Brian]

2 minutes ago, Chomper Higgot said:

Yep some taxes went up, this thread is discussing one of them.

 

But taxes on working people did not go up.

 

Was that a flounce I wonder?

James Smith, research director at the Resolution Foundation think tank which aims to improve living standards for low-to-middle income families, agreed.

"Even if it doesn't show up in pay packets from day one, it will eventually feed through to lower wages," he said.

"This is definitely a tax on working people, let's be very clear about that."

https://www.bbc.com/news/articles/cgj72wxw8jxo

[Chomper Higgot]

3 minutes ago, Bkk Brian said:

James Smith, research director at the Resolution Foundation think tank which aims to improve living standards for low-to-middle income families, agreed.

"Even if it doesn't show up in pay packets from day one, it will eventually feed through to lower wages," he said.

"This is definitely a tax on working people, let's be very clear about that."

https://www.bbc.com/news/articles/cgj72wxw8jxo

James is playing fast and loose with the meaning the word ‘tax’.

[Bkk Brian]

2 minutes ago, Chomper Higgot said:

James is playing fast and loose with the meaning the word ‘tax’.

His statement is clear people will suffer through lower wages, playing fast is the Labour promise

[scottiejohn]

7 minutes ago, Chomper Higgot said:

James is playing fast and loose with the meaning the word ‘tax’.

As are you!

[Chomper Higgot]

4 minutes ago, scottiejohn said:

As are you!

No, taxes are detailed in the budget, the definition of taxes is defined in the tax laws.

[Chomper Higgot]

9 minutes ago, Bkk Brian said:

His statement is clear people will suffer through lower wages, playing fast is the Labour promise

Yes, he’s making a prediction.

 

it’s an opinion.

 

And it’s not a tax.

[Bkk Brian]

10 minutes ago, Chomper Higgot said:

Yes, he’s making a prediction.

 

it’s an opinion.

 

And it’s not a tax.

Yes, he’s making a prediction. an opinion based on evidence.

 

Yes wages will be lower is his prediction, I wonder why?

 

Chancellor admits Budget will hit workers’ pay - as ‘Brits to be left around £300 worse off’

https://www.lbc.co.uk/news/rachel-reeves-budget-workers-pay/

[Chomper Higgot]

12 minutes ago, Bkk Brian said:

Yes, he’s making a prediction. an opinion based on evidence.

 

Yes wages will be lower is his prediction, I wonder why?

 

Chancellor admits Budget will hit workers’ pay - as ‘Brits to be left around £300 worse off’

https://www.lbc.co.uk/news/rachel-reeves-budget-workers-pay/

Same question for you, point out the tax increase for n working people.

[Bkk Brian]

1 minute ago, Chomper Higgot said:

Same question for you, point out the tax increase for n working people.

Where have I claimed that? 

 

45 minutes ago, Bkk Brian said:

James Smith, research director at the Resolution Foundation think tank which aims to improve living standards for low-to-middle income families, agreed.

"Even if it doesn't show up in pay packets from day one, it will eventually feed through to lower wages," he said.

"This is definitely a tax on working people, let's be very clear about that."

https://www.bbc.com/news/articles/cgj72wxw8jxo

 

37 minutes ago, Bkk Brian said:

His statement is clear people will suffer through lower wages, playing fast is the Labour promise

More playing fast but not fast enough 

[youreavinalaff]

2 hours ago, Chomper Higgot said:

Labour promised not to raise taxes for working people.

 

Taxes have not been raised for working people.

It looks like some working people will have the burden of paying taxed taken away. Those others that will be paying tax on salaries bereft of rises will be paying more for essentials. 

 

I'm sure they'll be so pleased tax hasn't risen for working people. That said, Kier and his buddies don't seem to be able to agree on the definition of "working people".

 

https://www.bbc.co.uk/news/articles/c0k8n1lpv1lo

 

 

 

Edited Sunday at 11:07 AM by youreavinalaff

[blaze master]

1 hour ago, Chomper Higgot said:

And if it doesn’t you’ll hope that in the interim 6 months we’ve all forgotten your  predictions, which I expect t you’ll only replace with more.

 

 

 

Probably best you don't talk much about predictions. 

[Chomper Higgot]

39 minutes ago, youreavinalaff said:

It looks like some working people will have the burden of paying taxed taken away. Those others that will be paying tax on salaries bereft of rises will be paying more for essentials. 

 

I'm sure they'll be so pleased tax hasn't risen for working people. That said, Kier and his buddies don't seem to be able to agree on the definition of "working people".

 

https://www.bbc.co.uk/news/articles/c0k8n1lpv1lo

 

 

 

Yet more references to mythical taxes.

[youreavinalaff]

7 minutes ago, Chomper Higgot said:

Yet more references to mythical taxes.

Please underline the mythical taxes I've mentioned in my comment. 

[Chomper Higgot]

15 minutes ago, youreavinalaff said:

Please underline the mythical taxes I've mentioned in my comment. 

They’re mythical, they don’t exist.

 

Doh!

[youreavinalaff]

1 hour ago, Chomper Higgot said:

They’re mythical, they don’t exist.

 

Doh!

Please show me the mythical taxes you say i referenced in my comment.

 

Here is is again, just for you....

 

 

 

 

Edited Sunday at 01:40 PM by youreavinalaff

[Nick Carter icp]

2 hours ago, Chomper Higgot said:

Yet more references to mythical taxes.

 

  When will they be taxing the EDL's profits ?

They made a profit of 10 Billion Euros last year 

[scottiejohn]

2 hours ago, Chomper Higgot said:

Yet more references to mythical taxes.

Yet more BS!

[Chomper Higgot]

6 minutes ago, scottiejohn said:

Yet more BS!

I thought you’d flounced?!

[Chomper Higgot]

40 minutes ago, Nick Carter icp said:

 

  When will they be taxing the EDL's profits ?

They made a profit of 10 Billion Euros last year 

You have a good point.

 

During the energy crisis Labour did suggest windfall taxes on energy companies.

 

The Tories chose to protect energy windfall profits with tax funded subsidies to consumers.

 

EDL, who you mention, were subject to price controls in their home county.

 

So while I don’t know when Labour will tax windfall profits, I fully expect t them to do so if windfall profits are made at cost to consumers.

[scottiejohn]

2 hours ago, Chomper Higgot said:

They’re mythical, they don’t exist.

 

Doh!

In your twisted pedantic mind!

 

Just answer a simple question, which the chancellor has already made;  (Reeves accepts tax-raising Budget likely to hit wage growth for workers - BBC News)

 

Is the average worker losing money because of the budget?

 

PS; We are not talking about minimum wages!

 

[Chomper Higgot]

51 minutes ago, youreavinalaff said:

Please show me the mythical taxes you say i referenced in my comment.

 

Here is is again, just for you....

 

 

 

 

But you can’t actually say what taxes have risen for working people.

 

I wonder why that is?

[Chomper Higgot]

2 minutes ago, scottiejohn said:

In your twisted pedantic mind!

 

Just answer a simple question, which the chancellor has already made;  (Reeves accepts tax-raising Budget likely to hit wage growth for workers - BBC News)

 

Is the average worker losing money because of the budget?

 

PS; We are not talking about minimum wages!

 

Not at the moment no.

 

Snd no there have been no tax increases for working people, as per the Labour Manifesto.

And by the way, average worker losing money but you don’t want to talk about minimum wage increases….

 

Edited Sunday at 02:34 PM by Chomper Higgot

[scottiejohn]

2 hours ago, Chomper Higgot said:

They’re mythical, they don’t exist.

 

Doh!

In your twisted pedantic mind!

 

Just answer a simple question, which the chancellor has already made;  (Reeves accepts tax-raising Budget likely to hit wage growth for workers - BBC News)

 

Is the average worker losing money because of the budget?

 

PS; We are not talking about minimum wages!

 

[theblether]

On 11/9/2024 at 4:38 AM, Chomper Higgot said:

Sainsbury have an annual sales revenue of around £32.08 Billion.

 

£140 million represents 0.436% of their sales revenue.

 

Go on tell me that’s a big hit to inflation.

https://www.statista.com/statistics/386342/sainsburys-retail-sales-united-kingdom-uk/

 

I was wondering if you were an idiot based upon your previous posts but now I've decided. 

[Chomper Higgot]

Just now, scottiejohn said:

In your twisted pedantic mind!

 

Just answer a simple question, which the chancellor has already made;  (Reeves accepts tax-raising Budget likely to hit wage growth for workers - BBC News)

 

Is the average worker losing money because of the budget?

 

PS; We are not talking about minimum wages!

 

Identify the tax increases on working people.

 

 

[Chomper Higgot]

Just now, theblether said:

 

I was wondering if you were an idiot based upon your previous posts but now I've decided. 

Ah the personal attack.

 
 

[youreavinalaff]

5 minutes ago, Chomper Higgot said:

But you can’t actually say what taxes have risen for working people.

 

I wonder why that is?

One more time.

 

You quoted my comment and said " Yet more references to mythical taxes."

 

Please show what taxes I mentioned that you believe to be mythical. That is, taxes I mentioned in the comment you quoted. 

 

If you can't, which I know you can't as I didn't even mention taxes, it just goes to show you are talking bo%%@ks. Not that that is particularly surprising.

[theblether]

2 minutes ago, Chomper Higgot said:

Ah the personal attack.

 
 

 

No, the accurate description. 

 

Sainsburys profit is equivalent to a whopping 2% of sales. 

 

Oh, and they pay tax on that 2%. You are clearly a financial illiterate.