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born to moan

Mad money, and politics and history and international law, and climate change, and Brexit, and Chinese imports, and Diane Abbott, and Donald Trump, and the General Election, and the NHS.

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3 hours ago, 154 Hopper Avenue said:

Let's assume he earns £82k a year. Firstly, he's rich as a percentage of the population whether he likes it or not.

Secondly, if that's an accurate estimation of his earnings under Labour he'll pay an extra £1.92 a week. My heart bleeds....

I read the article. The bottom line is he went on TV and aggressively called someone a liar. And he was plain wrong.

The point he was making though was / is correct that he isn't in the top 5% of wealth in the country as he rightly pointed out the real rich don't work. Also we / you don't know the blokes personal circumstances and what he has to support so let's not hammer him. 

Corbyn would be far better concentrating on increasing the tax take from the likes of Google etc rather than concentrating on the politics of envy, then the populace would probably support him. 

The fact is I don't trust Boris as far as I could throw him BUT I trust him more than Corbyn, and what  is more I  trust Jezza far more than I trust McDonell  who is a seriously dangerous subversive threat to the country.

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5 minutes ago, Norm said:

The point he was making though was / is correct that he isn't in the top 5% of wealth in the country as he rightly pointed out the real rich don't work. Also we / you don't know the blokes personal circumstances and what he has to support so let's not hammer him. 

Corbyn would be far better concentrating on increasing the tax take from the likes of Google etc rather than concentrating on the politics of envy, then the populace would probably support him. 

The fact is I don't trust Boris as far as I could throw him BUT I trust him more than Corbyn, and what  is more I  trust Jezza far more than I trust McDonell  who is a seriously dangerous subversive threat to the country.

Do not worry, there isn't any chance they will win.

 

78144957_10157955717889703_6630272964820467712_n.jpg

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This post started talking about mad money paid for players, one of them was Fred at Manchester United. I've been down the Sports Club at Brighouse watching the Sheffield Utd v Man Utd game this afty. Had to laugh one of the Man U fans said Fred is the worst Brazilian seen since Stevie Wonder shaved his wife's fanny. 

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1 hour ago, Richmond96 said:

But  Corbin’s policies won’t generate greater tax revenues. The Companies are already moving offshore to avoid Nationalisation and individuals will leave as well. The people Labour say they’ll help will suffer. Corbin gets in and we’ll need exchange controls to stem the outflow. 

That's Brexit,  naff all to do with the labour party!

 

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1 hour ago, Richmond96 said:

But  Corbin’s policies won’t generate greater tax revenues. The Companies are already moving offshore to avoid Nationalisation and individuals will leave as well. The people Labour say they’ll help will suffer. Corbin gets in and we’ll need exchange controls to stem the outflow. 

So the train, water, electric and postal companies are moving abroad to avoid nationalisation? Are they gonna take all our rail, trains, water, electricity and postboxes with them?

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1 hour ago, Norm said:

The point he was making though was / is correct that he isn't in the top 5% of wealth in the country as he rightly pointed out the real rich don't work. Also we / you don't know the blokes personal circumstances and what he has to support so let's not hammer him. 

Corbyn would be far better concentrating on increasing the tax take from the likes of Google etc rather than concentrating on the politics of envy, then the populace would probably support him.

But he is! Closing the tax loopholes for massive multinational companies like Amazon, Google, facebook and Netflix in any way will boost our economy. Currently they just take up space on the market, use our resources, our skilled workers, our ifnrastructure and pay nothing for it.
Now I think this fella got it a bit too much in the neck, it kind of sums up the flaws of the Question time format if the editors of that show just let him go up there to make a fool of himself. He has nothing to fear though. 

If you don't own a multinational company you'll do fine. Even if you do own one, you'll still do fine and you'll contribute to a properly functioning society where people are well educated, where transport infrastructure is not eating away at working hours, where the internet is properly connected, with workers who are healthy and decent to each other and with enough money in their pocket to buy the goods you make without having to take out a payday loan.

Edited by olitheshayman

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4 minutes ago, olitheshayman said:

So the train, water, electric and postal companies are moving abroad to avoid nationalisation? Are they gonna take all our rail, trains, water, electricity and postboxes with them?

Some of The companies that own/part own them are already abroad as they are French and German. Labour want to remain in the EU, if they were to win the election they would find it difficult to Nationalise anything because of the EU.

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22 minutes ago, chrisbo61 said:

That's Brexit,  naff all to do with the labour party!

 

It’s nothing to do with Brexit. Companies and people will leave the UK in increasing numbers to avoid high taxes. The EU don’t set our tax rates. When Ireland was in trouble they drastically dropped Corporation Tax and surprise surprise lots of Companies moved to Ireland. Result was tax take increased and Ireland is now doing a lot better. 

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2 minutes ago, Richmond96 said:

It’s nothing to do with Brexit. Companies and people will leave the UK in increasing numbers to avoid high taxes. The EU don’t set our tax rates. When Ireland was in trouble they drastically dropped Corporation Tax and surprise surprise lots of Companies moved to Ireland. Result was tax take increased and Ireland is now doing a lot better. 

Except we have the lowest tax rates in Europe! Do some homework and stop talking shite!

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Just now, Shaytrev said:

Some of The companies that own/part own them are already abroad as they are French and German. Labour want to remain in the EU, if they were to win the election they would find it difficult to Nationalise anything because of the EU.

I actually appreciate your point about foreign companies profiting off our transport infrastructure, this is true and makes the arguments against bringing them in house absurd.

https://www.independent.co.uk/news/uk/politics/brexit-eu-railways-eu-rules-nationalise-single-market-restrictions-labour-a8968691.html

This article also proves your point... if the Fourth Railway Plan is anything to go by then the EU is planning to pretty much force its countries to franchise out subsidised routes. This is why I hate the EU as a topic, it has been jammed into this stupid binary for and against when on individual issues it should split opinion no matter which party you identify with. 

Some of the key arguments for Leave have gone on unanswered by the Remain side with regards to sovereignty and the overall objective of the EU to gain more and more state competencies... the problem is, as we've pointed out, it does come at a pretty massive cost to our global trading relations, and sorting out new trade deals will take a long time.

i'm still just about on the remain side because I still think, though it frustrates me how little, it does give a chance for national representative democracies to influence its decisions... not enough in my view, but it does and we should push it to do more. If it doesn't face its problems it will collapse on itself anyway.

A second referendum should be done where these things are discussed rather than it turning into some stupid culture war.       

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12 minutes ago, Shaytrev said:

Some of The companies that own/part own them are already abroad as they are French and German. Labour want to remain in the EU, if they were to win the election they would find it difficult to Nationalise anything because of the EU.

Exactly. Several foreign governments are milking the British public to support their own public services. The last time I read Private Eye, it mentioned that the governments of Netherlands, France, Spain, Hong Kong and Canada had direct or indirect ownership of vast swathes of our public services.

It makes an absolute mockery of the claim that government shouldn't run our public services. What they actually mean is that our government shouldn't run them, because other governments are willing to do so and are apparently more competent.

The EU cannot prevent nationalisation. Some EU countries retain state control over the railways for example - including those that now part-own ours.

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6 minutes ago, chrisbo61 said:

Except we have the lowest tax rates in Europe! Do some homework and stop talking shite!

Portugal, Bulgaria and Malta have lower tax rates and that is without looking at the rest.

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1 minute ago, Hoddie said:

The EU cannot prevent nationalisation. Some EU countries retain state control over the railways for example - including those that now part-own ours.

Would be keen to know if you know anymore about this. From what I've read, yes, this is the state of things, but plans are in place to bit by bit coerce national rail operators around EU countries into franchising out their operations. https://www.independent.co.uk/news/uk/politics/brexit-eu-railways-eu-rules-nationalise-single-market-restrictions-labour-a8968691.html

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2 minutes ago, Shaytrev said:

Portugal, Bulgaria and Malta have lower tax rates and that is without looking at the rest.

Suspect he meant corporation tax (Malta 35%, UK 19%).

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2 minutes ago, Shaytrev said:

Portugal, Bulgaria and Malta have lower tax rates and that is without looking at the rest.

All major industrial centres!

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2 minutes ago, Shaytrev said:

Portugal, Bulgaria and Malta have lower tax rates and that is without looking at the rest.

We appear to be middling in both corporate and personal tax in the EU, but I am no expert and it looks quite a complex subject.

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10 minutes ago, chrisbo61 said:

Except we have the lowest tax rates in Europe! Do some homework and stop talking shite!

You can’t be serious. Insulting people and shouting loudly doesn’t make you right. Corporation Tax in Ireland can be as low as 12.5 percent. Rich UK residents are been offered deals to move to countries like Portugal and Greece. I think you should do your research. You might want to start be discovering how much of the total income tax revenue is generated by the top 1 percent of earners and then decide if we can afford to do without it if they decide to leave (as happened in the late 60’s and early 70’s). 

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3 minutes ago, Roy Race said:

We appear to be middling in both corporate and personal tax in the EU, but I am no expert and it looks quite a complex subject.

'Except we have the lowest tax rates in Europe! Do some homework and stop talking shite!'

Straightjacket Chrisbo.

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1 minute ago, olitheshayman said:

Would be keen to know if you know anymore about this. From what I've read, yes, this is the state of things, but plans are in place to bit by bit coerce national rail operators around EU countries into franchising out their operations. https://www.independent.co.uk/news/uk/politics/brexit-eu-railways-eu-rules-nationalise-single-market-restrictions-labour-a8968691.html

I have no inside info to offer but I'm pretty sure it's the same as everything else - prevent companies from having a monopoly even if they are public-owned, so as to ensure a competitive open market for the end-consumer. The government could operate a national rail service but would be required to allow private operators to run services as well.

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2 minutes ago, Richmond96 said:

You can’t be serious. Insulting people and shouting loudly doesn’t make you right. Corporation Tax in Ireland can be as low as 12.5 percent. Rich UK residents are been offered deals to move to countries like Portugal and Greece. I think you should do your research. You might want to start be discovering how much of the total income tax revenue is generated by the top 1 percent of earners and then decide if we can afford to do without it if they decide to leave (as happened in the late 60’s and early 70’s). 

I have found where he can move to, same place as Theresa May.

 

 

 

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6 minutes ago, Shaytrev said:

'Except we have the lowest tax rates in Europe! Do some homework and stop talking shite!'

Straightjacket Chrisbo.

Not the most interesting of subjects to research but if the oracle says it is so who are we morons to argue.

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18 minutes ago, Shaytrev said:

Britain sill not the lowest.

Indeed not, but we are lower than comparable economies by some distance (EU average 21.4%, Italy 24%, Germany 30% and France 31%). We are also lower than the global average, the OECD average and the G20 average. It would be difficult for a major economy such as ours to reduce taxes much further than we have already. And having a corporation tax that's almost double what BoJo is proposing for the UK doesn't seem to be doing Germany any harm, they are far more industrialised than us and have a more affordable cost of living across the board. Other major economies like the USA also have much higher rates.

A multi-national company could base themselves in Hungary and pay 9% but many choose the UK where the rate is twice as high. Many more choose Germany where's its three times higher. Some choose France. Some, like Playmobil, stay in Malta and pay 35% on global profit rather than shift themselves to, say, the Isle of Man where they could pay nothing.

Tax rates aren't everything.

Edit to say the rate in the USA isn't much higher than ours right now, but even in recent times has been much higher.

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2 minutes ago, Hoddie said:

Indeed not, but we are lower than comparable economies by some distance (EU average 21.4%, Italy 24%, Germany 30% and France 31%). We are also lower than the global average, the OECD average and the G20 average. It would be difficult for a major economy such as ours to reduce taxes much further than we have already. And having a corporation tax that's almost double what BoJo is proposing for the UK doesn't seem to be doing Germany any harm, they are far more industrialised than us and have a more affordable cost of living across the board. Other major economies like the USA also have much higher rates.

A multi-national company could base themselves in Hungary and pay 9% but many choose the UK where the rate is twice as high. Many more choose Germany where's its three times higher. Some choose France. Some, like Playmobil, stay in Malta and pay 35% on global profit rather than shift themselves to, say, the Isle of Man where they could pay nothing.

Tax rates aren't everything.

Ha, I worked at Playmobil for three months some years back. Modern day slave labour.

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