The people of Brighton have reacted to today’s Autumn Declaration as millions are expected to pay more taxes in the years to come.
After the news that millions will pay more income taxes, many were divided on whether this was the right idea to reduce the economic deficit.
City residents also reacted to news of an increased windfall tax, as well as Chancellor Jeremy Hunt’s confirmation that pensions would rise with inflation.
Nick and Penny Pell, from Linfield, said they supported the Government’s decision to lower the top tax bracket from £150,000 to £125,000, meaning more people on higher incomes will pay the 45% rate.
Penny said: “We would agree to that because they won’t have any difficulties. They might have less vacation or something, but they won’t be in a panel.”
Nick added: “I would prefer to do more on those with more pay.”
Commenting on the government, which introduced targeted payments for energy bills in April, John Loxton said: “The people who need help the most are a huge group of people.”
Jeremy Hunt also announced that the government would introduce a windfall tax on energy companies, with a new tax of 45 percent on their profits.
Paul, who works in the public sector, said: “I would say that’s a good thing, but green energy investments need to be protected.”
However, some were not so pleased with the autumn statement. Steven O’Callaghan, 74, said: “It’s a bit wrong that we meet the people who are really trying.
“People who make big money make it for a reason.”
Referring to the targeted energy payments introduced in April, he added that the government “should support everyone because everyone is paying”.
Fiona Rushworth agreed, saying: “I think it should be targeted because there are people who are affected a lot more.”
Fiona, 61, and her husband Michael, 74, said they were glad pensions were rising with inflation. She added: “I took early retirement to spend time with my husband. We’re just happy that the triple ban will remain in place.”
https://www.theargus.co.uk/news/23132377.brighton-reacts-chancellor-jeremy-hunts-autumn-statement/?ref=rss Brighton reacts to Chancellor Jeremy Hunt’s autumn statement