Matt
mr3402.bsky.social
Matt
@mr3402.bsky.social
SWFC, Mets, Jets, Caps, Terps, Saints and adopted Evertonian. Most of which derogatory. Never Bunt.
Reposted by Matt
I hadn't thought of this aspect of why the salary sacrifice change is insane... Imagine thinking it's a good idea to have bigger disincentives for ordinary people saving for retirement than for high income people saving for retirement. It's obviously a terrible idea!
November 26, 2025 at 10:30 PM
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Would love some in-depth numbers on what the majority of 20-30 somethings basically paying a 9% higher marginal tax rate has actually done to economic behaviour. Feels very under-discussed bsky.app/profile/igma...
Student loan repayment thresholds frozen for a further three years.

More debt burden falling on graduates.

And even more reason to cut university places by 20-30%.
November 26, 2025 at 1:00 PM
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and again - literally just the hobby horse of some random anonymous Twitter accounts, enraging how quickly they managed to turn their horrid posting into actual government policy and rhetoric
“The Motability scheme was set up to protect the most vulnerable. Not to subsidise the lease on a Mercedes Benz,” Reeves says.

Misleading and nasty in equal measure.
November 26, 2025 at 1:20 PM
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The continued weird thing about this year's budget and the last is the...'you do understand that you have to get *re-elected* in 2028-9, right?'
I think a government in a stronger political position would have been prepared to be bolder at the moment.
November 26, 2025 at 1:57 PM
The government has to use this opportunity to do something positive. And that's to abolish Osborne's abomination
Abolish the OBR
November 26, 2025 at 12:10 PM
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Fantastic(ally depressing) article and this rather sums it all up
November 26, 2025 at 12:38 AM
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"Rachel Reeves believes strongly in getting the public investing, to move away from ISAs into stocks and bonds, she is also going to remove the tax relief from the most common form of investment held: DC pensions."
November 26, 2025 at 12:44 AM
They really are a bunch of fucking fuckwits intent on making the Pasty Tax look like genius political thought and economic policy
are you fucking serious
November 25, 2025 at 3:24 PM
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My taxes bring all the boys to the yard.

And they're like "this is bad approach to fiscal policy".
are you fucking serious
November 25, 2025 at 11:55 AM
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Ultimately the minimum wage is a brilliant tool, but it can’t compensate for “we haven’t built any housing”, “we have cut cash transfers to the bone” and “all the third spaces have been cut to pay for social care”.
The minimum wage is not a cure all — we’re asking too much of business
Politicians spend too much time uttering cheap rhetoric about cheap labour
www.ft.com
November 25, 2025 at 12:46 PM
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“Ms Brooks, who was 18 at the time, is a trans woman who was born a biological male.”

Aside from the gross last part of this BBC News sentence, wasn’t she 17 at the time?
November 25, 2025 at 10:59 AM
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it's happening dot gif
November 24, 2025 at 7:46 PM
I think asking if you're going to take a job on Saturday before the season is over is about the season, Lane...
Lane Kiffin is asked about his Friday meeting with AD Keith Carter: "Very fair question, but we're not answering if it doesn't have to do with the game, the team and the season."
November 24, 2025 at 6:53 PM
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But where else to go for the rest of us? Everybody I speak to from every sort of industry says their sector is in complete meltdown
I’m 60, and a professor. HE will probably survive just about long enough to take me to retirement, but not much longer. A kind of ‘merrie old England’ version of Oxbridge will survive, but the rest will be unrecognisable in a decade or so.
November 24, 2025 at 12:01 PM
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I'd like to see the response to this if the question added "if that that means universities have less money to spend on UK students".
With Rachel Reeves reportedly set to apply a new tax on tuition fees paid by overseas students, most Britons support such a move at the previously mooted level of 6%

Support: 57%
Oppose: 18%

yougov.co.uk/topics/socie...
November 24, 2025 at 4:41 PM
I dread to think what happens to places like Huddersfield, Stafford, Bolton, Derby etc if their universities fall apart. Total and complete devastation for all the employees and the entire local economies
Of course. And it’s also local jobs for a lot of people who aren’t academics — there’s a tendency in Labour I think to assume that it’s just pretentious middle class people losing privileged positions, but my uni employs about 6,000 people and the vast majority of them aren’t lecturers.
November 24, 2025 at 12:15 AM
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universities got a tiny fee rise that was immediately wiped out by the national insurance raises. they used international student fees to subsidise capped domestic fees and now that’s going to be taken away too. universities are going to collapse and thousands of jobs will go with each collapse.
November 23, 2025 at 11:07 PM
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Nimmo running to Texas
November 24, 2025 at 12:01 AM
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This is a really important question, in that an underrated argument for wealth taxes is 'concentrations of wealth are bad' - they can be democracy and competition maximising tools, they just often aren't good revenue raisers!
That’s a very helpful post. I went to look before I asked you ‘what if I want less super-richness, will that come down under the right tax circs?’. He sort-of-deals-with-it in his bit about the Laffer curve.
November 23, 2025 at 11:13 PM
Honestly in awe of him being worse than Zach Wilson
J.J. McCarthy now ranks 851 out of 852 in EPA per Dropback among qualified passers since 2000, per Tru Media. The only player below McCarthy is JaMarcus Russell.
November 23, 2025 at 11:23 PM
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Nimmo is a 10 percent above league average bat, absolutely imploding athleticism and decline markers, can barely play a corner outfield spot at this point, entering his age-33 season with five years left that the current FO didn’t sign. Getting “less bad contract that fits better” is a huge win
November 23, 2025 at 10:59 PM
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Alongside mooted restrictions on salary sacrifice - which universities make a lot of use of to pay for pensions - this is not shaping up to be a great budget for a sector already mired in cutbacks and redundancies.
i: Reeves to unveil £600m raid on foreign student
university fees #TomorrowsPapersToday
November 23, 2025 at 10:57 PM
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Brandon Nimmo is the first millionaire to flee Zohran Mamdani's Communist New York City
November 23, 2025 at 10:37 PM
WHAT THE FUCK
November 23, 2025 at 10:26 PM
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To be clear, this is a tariff on our own exports.

Yes, it will raise money - tariffs do. The question is whether it will also cut exports from one of our core economic strengths- HE.
i: Reeves to unveil £600m raid on foreign student
university fees #TomorrowsPapersToday
November 23, 2025 at 10:15 PM