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Paradise papers
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By *inkyHnS OP Couple
over a year ago
The Council of Elrond |
So is the Queen funded by taxes which are offshored to avoid more tax reducing funding of the Queen which can be offshored
And the fucking crazy thing is people queue at foodbanks to feed their families while these rich fannies hide their money
Am not one bit surprised but definitely sickened at Paradise Papers.The rich dont care about the rest of society as long as they get their money
Yes i know its not illegal before anyone says but try honestly defending it
But hey rule Britannia and all that shite!!
And yes in know its not just the queen / royal its full lot of the elite that thing they are better than us |
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By *mmabluTV/TS
over a year ago
upton wirral |
"So is the Queen funded by taxes which are offshored to avoid more tax reducing funding of the Queen which can be offshored
And the fucking crazy thing is people queue at foodbanks to feed their families while these rich fannies hide their money
Am not one bit surprised but definitely sickened at Paradise Papers.The rich dont care about the rest of society as long as they get their money
Yes i know its not illegal before anyone says but try honestly defending it
But hey rule Britannia and all that shite!!
And yes in know its not just the queen / royal its full lot of the elite that thing they are better than us "
You would do the same if in there position |
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By *inkyHnS OP Couple
over a year ago
The Council of Elrond |
"So is the Queen funded by taxes which are offshored to avoid more tax reducing funding of the Queen which can be offshored
And the fucking crazy thing is people queue at foodbanks to feed their families while these rich fannies hide their money
Am not one bit surprised but definitely sickened at Paradise Papers.The rich dont care about the rest of society as long as they get their money
Yes i know its not illegal before anyone says but try honestly defending it
But hey rule Britannia and all that shite!!
And yes in know its not just the queen / royal its full lot of the elite that thing they are better than us You would do the same if in there position"
No i wouldnt actually |
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By *pidernickMan
over a year ago
Locks Heath (Fareham borough) |
"So is the Queen funded by taxes which are offshored to avoid more tax reducing funding of the Queen which can be offshored
And the fucking crazy thing is people queue at foodbanks to feed their families while these rich fannies hide their money
Am not one bit surprised but definitely sickened at Paradise Papers.The rich dont care about the rest of society as long as they get their money
Yes i know its not illegal before anyone says but try honestly defending it
But hey rule Britannia and all that shite!!
And yes in know its not just the queen / royal its full lot of the elite that thing they are better than us You would do the same if in there position
No i wouldnt actually "
Indeed - why do so many people assume that everyone out there is as selfish as they seem to be? It's rather depressing really  |
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If a system is open to abuse...people will abuse it. The only answer is to change the system...like that’s going to happen, as the people who make the system are the same ones as those abusing it.
Turkeys don’t vote for Xmas!
There may have been a few more actual details revealed....but surely the gist of the story has nothing in it that is news to anyone. We have all known what’s going on for years. |
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By (user no longer on site)
over a year ago
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The op was correctly pointing out that the monarch's business advisors moved £10m off shore to not be subject to U.K. Taxes. Nothing illegal but totally immoral. |
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By *inkyHnS OP Couple
over a year ago
The Council of Elrond |
Imagine having more money than you or your children could ever spend and still hiding it away while the UK people go hungry
The royal family rotten to the core yet millons of people still line the streets to see wee Lizzie the unelected heed of state and her wains and grand wains happy take your tax money to life the good old life while there is children and even soldiers homeless no no its ok to have royal buffets in Buckingham hoose that the tax payer owns but is not allowed it lol
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By (user no longer on site)
over a year ago
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"Imagine having more money than you or your children could ever spend and still hiding it away while the UK people go hungry
The royal family rotten to the core yet millons of people still line the streets to see wee Lizzie the unelected heed of state and her wains and grand wains happy take your tax money to life the good old life while there is children and even soldiers homeless no no its ok to have royal buffets in Buckingham hoose that the tax payer owns but is not allowed it lol
"
Are you and your wains nationalist republican per chance? |
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By *imiUKMan
over a year ago
Hereford |
"Imagine having more money than you or your children could ever spend and still hiding it away while the UK people go hungry
The royal family rotten to the core yet millons of people still line the streets to see wee Lizzie the unelected heed of state and her wains and grand wains happy take your tax money to life the good old life while there is children and even soldiers homeless no no its ok to have royal buffets in Buckingham hoose that the tax payer owns but is not allowed it lol
Are you and your wains nationalist republican per chance?"
I'm not Scottish and I utterly agree with the sentiment. Our oligarchy is an embarassment and should have been removed centuries ago. |
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By (user no longer on site)
over a year ago
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"So is the Queen funded by taxes which are offshored to avoid more tax reducing funding of the Queen which can be offshored
And the fucking crazy thing is people queue at foodbanks to feed their families while these rich fannies hide their money
Am not one bit surprised but definitely sickened at Paradise Papers.The rich dont care about the rest of society as long as they get their money
Yes i know its not illegal before anyone says but try honestly defending it
But hey rule Britannia and all that shite!!
And yes in know its not just the queen / royal its full lot of the elite that thing they are better than us You would do the same if in there position"
.
I'm going to counter that argument with.... If everybody could do it, the loop hole would have been shut down 12 hours ago!.
.
It's like saying if you steal everything instead of paying for it you would.,. Yes probably most would which is why we make laws which are meant to be equal for all and not one sided for the few |
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By *inkyHnS OP Couple
over a year ago
The Council of Elrond |
Queen's estate sticks millions of quid in tax haven yet the BBC says "no suggestion that the Queen is avoiding tax
I think it's blindingly obvious she's been trying and succeeding to avoid paying tax. But hey i know people will love to defend the unelected head of state no matter what.
Thats the problem people just allow this shite to happen without a care in the world that the rich stay rich and the poor are punished but hell when it does start to effect them they would be the first to moan about it |
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By *LCCCouple
over a year ago
Cambridge |
"Queen's estate sticks millions of quid in tax haven yet the BBC says "no suggestion that the Queen is avoiding tax
I think it's blindingly obvious she's been trying and succeeding to avoid paying tax. But hey i know people will love to defend the unelected head of state no matter what.
Thats the problem people just allow this shite to happen without a care in the world that the rich stay rich and the poor are punished but hell when it does start to effect them they would be the first to moan about it "
Don't you believe in the divine right of kings? |
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By (user no longer on site)
over a year ago
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"Queen's estate sticks millions of quid in tax haven yet the BBC says "no suggestion that the Queen is avoiding tax
I think it's blindingly obvious she's been trying and succeeding to avoid paying tax. But hey i know people will love to defend the unelected head of state no matter what.
Thats the problem people just allow this shite to happen without a care in the world that the rich stay rich and the poor are punished but hell when it does start to effect them they would be the first to moan about it "
I think it's blindingly obvious you haven't done your homework yet again. |
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By *LCCCouple
over a year ago
Cambridge |
"Queen's estate sticks millions of quid in tax haven yet the BBC says "no suggestion that the Queen is avoiding tax
I think it's blindingly obvious she's been trying and succeeding to avoid paying tax. But hey i know people will love to defend the unelected head of state no matter what.
Thats the problem people just allow this shite to happen without a care in the world that the rich stay rich and the poor are punished but hell when it does start to effect them they would be the first to moan about it
I think it's blindingly obvious you haven't done your homework yet again."
 who, Kinky? They would never post about a subject they dont understand! |
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By *eavenNhellCouple
over a year ago
carrbrook stalybridge |
"So is the Queen funded by taxes which are offshored to avoid more tax reducing funding of the Queen which can be offshored
And the fucking crazy thing is people queue at foodbanks to feed their families while these rich fannies hide their money
Am not one bit surprised but definitely sickened at Paradise Papers.The rich dont care about the rest of society as long as they get their money
Yes i know its not illegal before anyone says but try honestly defending it
But hey rule Britannia and all that shite!!
And yes in know its not just the queen / royal its full lot of the elite that thing they are better than us "
the money moved off shore in this case is profits from dutchy of lancaster wich is a private estate owned by the queen with no state funding. still morraly very very wrong tho |
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By (user no longer on site)
over a year ago
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The queen chose to pay tax voluntarily at the last crisis. Prior to that she paid no tax - a goodwill gesture as the country was struggling and people paying for austerity she made a sacrifice. She didn't have to, but she did! Just a fact - no political biased meant or intended. |
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By (user no longer on site)
over a year ago
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The queen is exempt from paying tax but chooses to pay some which benefits the country. What taxes that you are not obliged to pay do you pay....none I assume so you are not in a position to comment until you do the same. Wind your bitter SNP neck in! |
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Money changes hand for a job done, no tax paid. “That’s wrong” says the taxman. A millionaire moves money out of the U.K. after being paid to avoid paying tax, “that’s not illegal” says the taxman.
One rule for one & one rule & for PAYE where there is no way to avoid taxes.
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By (user no longer on site)
over a year ago
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"So is the Queen funded by taxes which are offshored to avoid more tax reducing funding of the Queen which can be offshored
And the fucking crazy thing is people queue at foodbanks to feed their families while these rich fannies hide their money
Am not one bit surprised but definitely sickened at Paradise Papers.The rich dont care about the rest of society as long as they get their money
Yes i know its not illegal before anyone says but try honestly defending it
But hey rule Britannia and all that shite!!
And yes in know its not just the queen / royal its full lot of the elite that thing they are better than us "
When we consider the Queens contribution to the tourist industry I do not think we need to bother worrying about how much tax she may or may not have paid Add to this the fact that the Royal Family work non stop for the country and are involved with numerous charities would indicate that we have nothing to worry about .
I am at a loss to understand why anyone would consider any taxes to be lost . Any funds sent back to the UK are taxed on a remittance basis . At best we are talking about a timing difference . |
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By *inkyHnS OP Couple
over a year ago
The Council of Elrond |
OOofftt touched a nerve on here must not say anything bad against the unelected queen lol
Honestly ask yourself imagine you or your childlen having millions that you dont know what to spent it on and still hiding it away while the rest of the UK starve and forced to use bookies
Ah but you keep thinking Lizzie does everything for you good for you lol
In the words of Lord Ashcroft dear dear dear dear dear dear dear dear lol |
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The idea that the Queen and Royal Family have deliberately involved themselves in tax avoidance schemes is ridiculous. Regardless of any ones position regarding the Monarchy we should all acknowledge that the queen spends her time on official state duties not running the Duchy of Lancaster and that there can be no doubt that. Further if blame is to be apportioned then it should go to the man who is responsible for running the Duchy, That is the Chancellor of the Duchy of Lancaster, Chairman of the Conservative Party and member of Teresa May's cabinet, one Patrick McLoughlin MP. |
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By (user no longer on site)
over a year ago
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"OOofftt touched a nerve on here must not say anything bad against the unelected queen lol
Honestly ask yourself imagine you or your childlen having millions that you dont know what to spent it on and still hiding it away while the rest of the UK starve and forced to use bookies
Ah but you keep thinking Lizzie does everything for you good for you lol
In the words of Lord Ashcroft dear dear dear dear dear dear dear dear lol"
Who said that anyone in the UK is starving? We have a welfare system to prevent this happening. There may be a small number of cases but this has no correlation to taxes paid . As tax on these off shore funds is on a remittance basis there is no loss to the UK taxpayer unless an investor decides to leave the UK permanently. I cannot see the Queen becoming a tax exile. |
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By *inkyHnS OP Couple
over a year ago
The Council of Elrond |
"OOofftt touched a nerve on here must not say anything bad against the unelected queen lol
Honestly ask yourself imagine you or your childlen having millions that you dont know what to spent it on and still hiding it away while the rest of the UK starve and forced to use bookies
Ah but you keep thinking Lizzie does everything for you good for you lol
In the words of Lord Ashcroft dear dear dear dear dear dear dear dear lol Who said that anyone in the UK is starving? We have a welfare system to prevent this happening. There may be a small number of cases but this has no correlation to taxes paid . As tax on these off shore funds is on a remittance basis there is no loss to the UK taxpayer unless an investor decides to leave the UK permanently. I cannot see the Queen becoming a tax exile. "
Wow you think people are not going days without food ?
Is that the welfare system that has had cuts to it and punished the poor yeah something to be proud of
The elite have different rules for them and they are all corrupt |
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By *LCCCouple
over a year ago
Cambridge |
"OOofftt touched a nerve on here must not say anything bad against the unelected queen lol
Honestly ask yourself imagine you or your childlen having millions that you dont know what to spent it on and still hiding it away while the rest of the UK starve and forced to use bookies
Ah but you keep thinking Lizzie does everything for you good for you lol
In the words of Lord Ashcroft dear dear dear dear dear dear dear dear lol"
Who has forced you to use a bookies?  |
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By *inkyHnS OP Couple
over a year ago
The Council of Elrond |
"OOofftt touched a nerve on here must not say anything bad against the unelected queen lol
Honestly ask yourself imagine you or your childlen having millions that you dont know what to spent it on and still hiding it away while the rest of the UK starve and forced to use bookies
Ah but you keep thinking Lizzie does everything for you good for you lol
In the words of Lord Ashcroft dear dear dear dear dear dear dear dear lol
Who has forced you to use a bookies? "
Thank you for seeing my mistake i meant foodbanks |
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By *inkyHnS OP Couple
over a year ago
The Council of Elrond |
What does the queen do around xmas time to help people ?
Oh thats right send a xmas message great that helps people lol
They could get themselves down to a foodbank or feed the homeless no no they are happy in Buckingham palace
Oh and on that shit hole lol how many people would rather see their tax go towards the NHS than fix up Buckingham palace ? The Royal family have money if its falling apart make them pay for it
Or better still open the thing up to the public and alot of homeless people could get a roof over there heeds
As for wee Ashcroft it was funny watching that dick hide in the toliets just so he didnt need to answer hard questions lol |
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By *ercuryMan
over a year ago
Grantham |
"What does the queen do around xmas time to help people ?
Oh thats right send a xmas message great that helps people lol
They could get themselves down to a foodbank or feed the homeless no no they are happy in Buckingham palace
Oh and on that shit hole lol how many people would rather see their tax go towards the NHS than fix up Buckingham palace ? The Royal family have money if its falling apart make them pay for it
Or better still open the thing up to the public and alot of homeless people could get a roof over there heeds
As for wee Ashcroft it was funny watching that dick hide in the toliets just so he didnt need to answer hard questions lol"
The Queen goes to Sandringham at Christmas. |
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By *inkyHnS OP Couple
over a year ago
The Council of Elrond |
"What does the queen do around xmas time to help people ?
Oh thats right send a xmas message great that helps people lol
They could get themselves down to a foodbank or feed the homeless no no they are happy in Buckingham palace
Oh and on that shit hole lol how many people would rather see their tax go towards the NHS than fix up Buckingham palace ? The Royal family have money if its falling apart make them pay for it
Or better still open the thing up to the public and alot of homeless people could get a roof over there heeds
As for wee Ashcroft it was funny watching that dick hide in the toliets just so he didnt need to answer hard questions lol
The Queen goes to Sandringham at Christmas."
Ah right so buggering off to Sandringham helps people how ? Lol |
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By (user no longer on site)
over a year ago
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"The idea that the Queen and Royal Family have deliberately involved themselves in tax avoidance schemes is ridiculous. Regardless of any ones position regarding the Monarchy we should all acknowledge that the queen spends her time on official state duties not running the Duchy of Lancaster and that there can be no doubt that. Further if blame is to be apportioned then it should go to the man who is responsible for running the Duchy, That is the Chancellor of the Duchy of Lancaster, Chairman of the Conservative Party and member of Teresa May's cabinet, one Patrick McLoughlin MP. "
Why is he to blame? The investments were made in 2004 & 2007. The Chancellor of the Duchy of Lancaster is a Ministerial position - whoever it was at the time probably knew as much about investing money as I know about nuclear physics...not a lot! |
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By *ercuryMan
over a year ago
Grantham |
"The idea that the Queen and Royal Family have deliberately involved themselves in tax avoidance schemes is ridiculous. Regardless of any ones position regarding the Monarchy we should all acknowledge that the queen spends her time on official state duties not running the Duchy of Lancaster and that there can be no doubt that. Further if blame is to be apportioned then it should go to the man who is responsible for running the Duchy, That is the Chancellor of the Duchy of Lancaster, Chairman of the Conservative Party and member of Teresa May's cabinet, one Patrick McLoughlin MP.
Why is he to blame? The investments were made in 2004 & 2007. The Chancellor of the Duchy of Lancaster is a Ministerial position - whoever it was at the time probably knew as much about investing money as I know about nuclear physics...not a lot!"
The Chancellor of The Duchy Of Lancaster is there more to answer Parliamentary questions and to ensure correct protocol is followed.
The running of the Duchy is the responsibility of the Duchy Council, who in turn have a Duchy Management team. |
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By *LCCCouple
over a year ago
Cambridge |
"The idea that the Queen and Royal Family have deliberately involved themselves in tax avoidance schemes is ridiculous. Regardless of any ones position regarding the Monarchy we should all acknowledge that the queen spends her time on official state duties not running the Duchy of Lancaster and that there can be no doubt that. Further if blame is to be apportioned then it should go to the man who is responsible for running the Duchy, That is the Chancellor of the Duchy of Lancaster, Chairman of the Conservative Party and member of Teresa May's cabinet, one Patrick McLoughlin MP.
Why is he to blame? The investments were made in 2004 & 2007. The Chancellor of the Duchy of Lancaster is a Ministerial position - whoever it was at the time probably knew as much about investing money as I know about nuclear physics...not a lot!
The Chancellor of The Duchy Of Lancaster is there more to answer Parliamentary questions and to ensure correct protocol is followed.
The running of the Duchy is the responsibility of the Duchy Council, who in turn have a Duchy Management team."
The Chancellor of the Duchy of Lancaster is a bullshit ministerial position without a proper portfolio. It's used to promote friends of the PM to cabinet for the power and extra money. |
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Right, so lets get this strait...
There is a cabinet post with a salary of £150,000 PA, a Duchy Council and a management team (no doubt all also trousering fat emoluments) and none of them are responsible, but somehow the Queen is...
There seems to be that whiff of republican double standards being applied again. |
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By (user no longer on site)
over a year ago
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"Right, so lets get this strait...
There is a cabinet post with a salary of £150,000 PA, a Duchy Council and a management team (no doubt all also trousering fat emoluments) and none of them are responsible, but somehow the Queen is...
There seems to be that whiff of republican double standards being applied again."
I'm not saying the Queen is responsible. I merely pointed out that the Chancellor wasn't even in the job when these investments were made!  |
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By (user no longer on site)
over a year ago
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I did a bit of research on this when I saw these revelations came out. It's not hard to find. Apparently 99% of the Worlds wealth is in the hands of less than 1% of the population. These people certainly know ways to hang on to it, that's for sure.
Even more staggering 50% of the worlds wealth is in the grasp of just 62 people. You could get them all on a large coach. Incredible statistic. At the end of the day we scrimp and save, beg and borrow all our lives and these people wipe their arses on us. |
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The queen should be forced to invest wholly within the UK and pay taxes as appropriate - probably investing more simply without a huge team of investors who would not have their costs offset against her tax liability.
The government including Theresa May is obviously not committed to stop the use of such schemes when they and their wealthy donors make use of them. |
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By *inkyHnS OP Couple
over a year ago
The Council of Elrond |
The elite really cant help themselves
I see Tory MP Priti Patel caught out lying about her so called holiday and just happened to bump into all these people
Honestly people stop being mugs and wake up to these pricks they are fucking you over in order to keep their gravy train while they puninsh the poor |
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By (user no longer on site)
over a year ago
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"The queen should be forced to invest wholly within the UK and pay taxes as appropriate - probably investing more simply without a huge team of investors who would not have their costs offset against her tax liability.
The government including Theresa May is obviously not committed to stop the use of such schemes when they and their wealthy donors make use of them. "
However the advisers will pay tax on the income that they earn so there is no loss to the UK taxpayer on the fees earned by the advisers . All the investment income in these funds is fully taxed on a remittance basis on return of the funds to the UK. |
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By (user no longer on site)
over a year ago
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"The elite really cant help themselves
I see Tory MP Priti Patel caught out lying about her so called holiday and just happened to bump into all these people
Honestly people stop being mugs and wake up to these pricks they are fucking you over in order to keep their gravy train while they puninsh the poor "
How would anyone be punishing the poor . ? Everything that you have in life has to be earned . Different people have different skills . It is a fact of life that we are not all equal. Most of us assess what skills we have and make full utilisation of them. These will range from physical appearance , intelligence , business acumen , social skills, and concern for the welfare of others. |
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By *inkyHnS OP Couple
over a year ago
The Council of Elrond |
"The elite really cant help themselves
I see Tory MP Priti Patel caught out lying about her so called holiday and just happened to bump into all these people
Honestly people stop being mugs and wake up to these pricks they are fucking you over in order to keep their gravy train while they puninsh the poor How would anyone be punishing the poor . ? Everything that you have in life has to be earned . Different people have different skills . It is a fact of life that we are not all equal. Most of us assess what skills we have and make full utilisation of them. These will range from physical appearance , intelligence , business acumen , social skills, and concern for the welfare of others. "
Wow thats all i have wow
So you think the Tories are helping the poor ? Lol |
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"How would anyone be punishing the poor . ? Everything that you have in life has to be earned . Different people have different skills . It is a fact of life that we are not all equal. Most of us assess what skills we have and make full utilisation of them. These will range from physical appearance , intelligence , business acumen , social skills, and concern for the welfare of others. "
I'll make this very simple for you.
Since 2010 the Tories have overseen and upward redistribution of wealth that has seen the net worth of the top 1% double while the net worth of the bottom 70% has fallen by 10%.
Trickle down economics is a sham and a con trick.
Give a millionaire £1000 and they will save it in the most advantageous place they can put it because they can.
Give a poor person £1000 and they will spend it because they can.
Which of the 2 above is going to stimulate the economy by increasing money circulation and which one is going to depress economy by reducing money circulation?
Think about it next time you hear May, Hammond or some other Tory telling us we need to cut spending and benefits to reduce taxes and make the country more attractive for the rich. Maybe ask yourself how come the more we cut the more is shipped out of the country into tax havens and the poorer nearly all of us become. |
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By (user no longer on site)
over a year ago
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"How would anyone be punishing the poor . ? Everything that you have in life has to be earned . Different people have different skills . It is a fact of life that we are not all equal. Most of us assess what skills we have and make full utilisation of them. These will range from physical appearance , intelligence , business acumen , social skills, and concern for the welfare of others.
I'll make this very simple for you.
Since 2010 the Tories have overseen and upward redistribution of wealth that has seen the net worth of the top 1% double while the net worth of the bottom 70% has fallen by 10%.
Trickle down economics is a sham and a con trick.
Give a millionaire £1000 and they will save it in the most advantageous place they can put it because they can.
Give a poor person £1000 and they will spend it because they can.
Which of the 2 above is going to stimulate the economy by increasing money circulation and which one is going to depress economy by reducing money circulation?
Think about it next time you hear May, Hammond or some other Tory telling us we need to cut spending and benefits to reduce taxes and make the country more attractive for the rich. Maybe ask yourself how come the more we cut the more is shipped out of the country into tax havens and the poorer nearly all of us become."
Does increased money circulation not just create inflation unless production increases accordingly. If the millionaire invests the £1000 in a UK business it should in theory help to increase production. If £1000 is given to the poor , if it is spent without an increase in production there is no overall benefit to the economy . |
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By (user no longer on site)
over a year ago
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"
Who said that anyone in the UK is starving? We have a welfare system to prevent this happening. There may be a small number "
Go down to a foodbank and tell the people there that, or a victim of bullshit about having to wait 6 weeks for 1st payout to mimick delays of emoloyers psying wages and being evicted.
A small number? It might be to you but tell that to them!
Think yourself lucky your not one of them. This government dont give a shit about them. Thats why tbey get hit hard by tories cos tbey know people dont carw about 'scroungers' |
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By (user no longer on site)
over a year ago
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"How would anyone be punishing the poor . ? Everything that you have in life has to be earned . Different people have different skills . It is a fact of life that we are not all equal. Most of us assess what skills we have and make full utilisation of them. These will range from physical appearance , intelligence , business acumen , social skills, and concern for the welfare of others.
I'll make this very simple for you.
Since 2010 the Tories have overseen and upward redistribution of wealth that has seen the net worth of the top 1% double while the net worth of the bottom 70% has fallen by 10%.
Trickle down economics is a sham and a con trick.
Give a millionaire £1000 and they will save it in the most advantageous place they can put it because they can.
Give a poor person £1000 and they will spend it because they can.
Which of the 2 above is going to stimulate the economy by increasing money circulation and which one is going to depress economy by reducing money circulation?
Think about it next time you hear May, Hammond or some other Tory telling us we need to cut spending and benefits to reduce taxes and make the country more attractive for the rich. Maybe ask yourself how come the more we cut the more is shipped out of the country into tax havens and the poorer nearly all of us become. Does increased money circulation not just create inflation unless production increases accordingly. If the millionaire invests the £1000 in a UK business it should in theory help to increase production. If £1000 is given to the poor , if it is spent without an increase in production there is no overall benefit to the economy . "
Let em starve to death then eh? Nice
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By *inkyHnS OP Couple
over a year ago
The Council of Elrond |
You wont see this on any news media in the UK
Scotland's First Minster pays tax on her full salary entitlement but only draws her salary at its 2008/2009 level the balance is automanically paid to the Scottish government for use in general public spending
I am so proud to have our First Minster put the people first and not hiding money away in offshore accounts like some scumbags trying to avoid paying tax |
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By (user no longer on site)
over a year ago
|
"You wont see this on any news media in the UK
Scotland's First Minster pays tax on her full salary entitlement but only draws her salary at its 2008/2009 level the balance is automanically paid to the Scottish government for use in general public spending
I am so proud to have our First Minster put the people first and not hiding money away in offshore accounts like some scumbags trying to avoid paying tax "
 |
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By (user no longer on site)
over a year ago
|
"How would anyone be punishing the poor . ? Everything that you have in life has to be earned . Different people have different skills . It is a fact of life that we are not all equal. Most of us assess what skills we have and make full utilisation of them. These will range from physical appearance , intelligence , business acumen , social skills, and concern for the welfare of others.
I'll make this very simple for you.
Since 2010 the Tories have overseen and upward redistribution of wealth that has seen the net worth of the top 1% double while the net worth of the bottom 70% has fallen by 10%.
Trickle down economics is a sham and a con trick.
Give a millionaire £1000 and they will save it in the most advantageous place they can put it because they can.
Give a poor person £1000 and they will spend it because they can.
Which of the 2 above is going to stimulate the economy by increasing money circulation and which one is going to depress economy by reducing money circulation?
Think about it next time you hear May, Hammond or some other Tory telling us we need to cut spending and benefits to reduce taxes and make the country more attractive for the rich. Maybe ask yourself how come the more we cut the more is shipped out of the country into tax havens and the poorer nearly all of us become. Does increased money circulation not just create inflation unless production increases accordingly. If the millionaire invests the £1000 in a UK business it should in theory help to increase production. If £1000 is given to the poor , if it is spent without an increase in production there is no overall benefit to the economy . "
.
We've increased the money supply by about 700% since the 2008 banking crises the reason why we haven't seen 700% inflation is that the vast majority of that "extra" money hasn't done anything except sit in oversees tax havens because all the extra money went straight to the wealthiest people and companies, alot of companies have used that money to buy their own shares back thus pushing their own share price higher and higher but not there earnings ratio, they've made extra profit without having to increase production because the people they sell shit too were getting poorer and poorer, also all this extra money has caused an asset boom as that vast wealth now seeks to mitigate the locked in future 700% inflation..... All this of course is the western plan to save capitalism from international finance and the debt levels it creates, all things being equal they will drop the real cost of that debt by 700% alas the cost to the average Joe is a massive real terms loss on the value of our savings.... Or to put it another way, that 250,000 your looking to invest will have a real worth buying power of 15,000 once their done |
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By (user no longer on site)
over a year ago
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"How would anyone be punishing the poor . ? Everything that you have in life has to be earned . Different people have different skills . It is a fact of life that we are not all equal. Most of us assess what skills we have and make full utilisation of them. These will range from physical appearance , intelligence , business acumen , social skills, and concern for the welfare of others.
I'll make this very simple for you.
Since 2010 the Tories have overseen and upward redistribution of wealth that has seen the net worth of the top 1% double while the net worth of the bottom 70% has fallen by 10%.
Trickle down economics is a sham and a con trick.
Give a millionaire £1000 and they will save it in the most advantageous place they can put it because they can.
Give a poor person £1000 and they will spend it because they can.
Which of the 2 above is going to stimulate the economy by increasing money circulation and which one is going to depress economy by reducing money circulation?
Think about it next time you hear May, Hammond or some other Tory telling us we need to cut spending and benefits to reduce taxes and make the country more attractive for the rich. Maybe ask yourself how come the more we cut the more is shipped out of the country into tax havens and the poorer nearly all of us become. Does increased money circulation not just create inflation unless production increases accordingly. If the millionaire invests the £1000 in a UK business it should in theory help to increase production. If £1000 is given to the poor , if it is spent without an increase in production there is no overall benefit to the economy .
Let em starve to death then eh? Nice
"
???. Unless I am mistaken there is a safety net to ensure that no one starves . That is why we have a welfare system. I completed various welfare forms on behalf of a third party last week so hopefully am reasonably familiar with the strengths and weaknesses of the welfare system. What I do not do is expect the state to be held responsible for everyone's financial problems. Other family members must also take responsibility . |
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By *inkyHnS OP Couple
over a year ago
The Council of Elrond |
"How would anyone be punishing the poor . ? Everything that you have in life has to be earned . Different people have different skills . It is a fact of life that we are not all equal. Most of us assess what skills we have and make full utilisation of them. These will range from physical appearance , intelligence , business acumen , social skills, and concern for the welfare of others.
I'll make this very simple for you.
Since 2010 the Tories have overseen and upward redistribution of wealth that has seen the net worth of the top 1% double while the net worth of the bottom 70% has fallen by 10%.
Trickle down economics is a sham and a con trick.
Give a millionaire £1000 and they will save it in the most advantageous place they can put it because they can.
Give a poor person £1000 and they will spend it because they can.
Which of the 2 above is going to stimulate the economy by increasing money circulation and which one is going to depress economy by reducing money circulation?
Think about it next time you hear May, Hammond or some other Tory telling us we need to cut spending and benefits to reduce taxes and make the country more attractive for the rich. Maybe ask yourself how come the more we cut the more is shipped out of the country into tax havens and the poorer nearly all of us become. Does increased money circulation not just create inflation unless production increases accordingly. If the millionaire invests the £1000 in a UK business it should in theory help to increase production. If £1000 is given to the poor , if it is spent without an increase in production there is no overall benefit to the economy .
Let em starve to death then eh? Nice
???. Unless I am mistaken there is a safety net to ensure that no one starves . That is why we have a welfare system. I completed various welfare forms on behalf of a third party last week so hopefully am reasonably familiar with the strengths and weaknesses of the welfare system. What I do not do is expect the state to be held responsible for everyone's financial problems. Other family members must also take responsibility . "
Wow just honestly wow
You can see you give a damn about people eh lol
Again there are people going days without any food thats fact.
I suppose you think taking £30 off people's ESA / PIP is a job well done eh ?
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By *ercuryMan
over a year ago
Grantham |
"You wont see this on any news media in the UK
Scotland's First Minster pays tax on her full salary entitlement but only draws her salary at its 2008/2009 level the balance is automanically paid to the Scottish government for use in general public spending
I am so proud to have our First Minster put the people first and not hiding money away in offshore accounts like some scumbags trying to avoid paying tax "
You'll find that if Nicola Sturgeon took her full pay entitlement, then she would have become the highest paid politician in the UK.
As it is, she still draws just shy of £137k per year, higher than all of the UK Cabinet bar the PM.
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By *inkyHnS OP Couple
over a year ago
The Council of Elrond |
"You wont see this on any news media in the UK
Scotland's First Minster pays tax on her full salary entitlement but only draws her salary at its 2008/2009 level the balance is automanically paid to the Scottish government for use in general public spending
I am so proud to have our First Minster put the people first and not hiding money away in offshore accounts like some scumbags trying to avoid paying tax
You'll find that if Nicola Sturgeon took her full pay entitlement, then she would have become the highest paid politician in the UK.
As it is, she still draws just shy of £137k per year, higher than all of the UK Cabinet bar the PM.
"
Always doom and gloom
Again read this part ''automanically paid to the Scottish government for use in general public spending''
Thats our FM putting the people first and not hiding money away in offshore accounts
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By (user no longer on site)
over a year ago
|
"How would anyone be punishing the poor . ? Everything that you have in life has to be earned . Different people have different skills . It is a fact of life that we are not all equal. Most of us assess what skills we have and make full utilisation of them. These will range from physical appearance , intelligence , business acumen , social skills, and concern for the welfare of others.
I'll make this very simple for you.
Since 2010 the Tories have overseen and upward redistribution of wealth that has seen the net worth of the top 1% double while the net worth of the bottom 70% has fallen by 10%.
Trickle down economics is a sham and a con trick.
Give a millionaire £1000 and they will save it in the most advantageous place they can put it because they can.
Give a poor person £1000 and they will spend it because they can.
Which of the 2 above is going to stimulate the economy by increasing money circulation and which one is going to depress economy by reducing money circulation?
Think about it next time you hear May, Hammond or some other Tory telling us we need to cut spending and benefits to reduce taxes and make the country more attractive for the rich. Maybe ask yourself how come the more we cut the more is shipped out of the country into tax havens and the poorer nearly all of us become. Does increased money circulation not just create inflation unless production increases accordingly. If the millionaire invests the £1000 in a UK business it should in theory help to increase production. If £1000 is given to the poor , if it is spent without an increase in production there is no overall benefit to the economy .
Let em starve to death then eh? Nice
???. Unless I am mistaken there is a safety net to ensure that no one starves . That is why we have a welfare system. I completed various welfare forms on behalf of a third party last week so hopefully am reasonably familiar with the strengths and weaknesses of the welfare system. What I do not do is expect the state to be held responsible for everyone's financial problems. Other family members must also take responsibility .
Wow just honestly wow
You can see you give a damn about people eh lol
Again there are people going days without any food thats fact.
I suppose you think taking £30 off people's ESA / PIP is a job well done eh ?
"
. If as you say there are people going without food , we would need to know the underlying reasons as to why this is happening and more importantly the proposed solution to the issue . Are we blaming governments ( regardless of which party ) or are we saying that certain people are unable to handle money and fail to allocate priority to food . ? |
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By (user no longer on site)
over a year ago
|
it speaks volumes when wealth takers just aren't interested in investing in their own country but continue to peddle the myth that they are somehow wealth creators |
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By *inkyHnS OP Couple
over a year ago
The Council of Elrond |
"How would anyone be punishing the poor . ? Everything that you have in life has to be earned . Different people have different skills . It is a fact of life that we are not all equal. Most of us assess what skills we have and make full utilisation of them. These will range from physical appearance , intelligence , business acumen , social skills, and concern for the welfare of others.
I'll make this very simple for you.
Since 2010 the Tories have overseen and upward redistribution of wealth that has seen the net worth of the top 1% double while the net worth of the bottom 70% has fallen by 10%.
Trickle down economics is a sham and a con trick.
Give a millionaire £1000 and they will save it in the most advantageous place they can put it because they can.
Give a poor person £1000 and they will spend it because they can.
Which of the 2 above is going to stimulate the economy by increasing money circulation and which one is going to depress economy by reducing money circulation?
Think about it next time you hear May, Hammond or some other Tory telling us we need to cut spending and benefits to reduce taxes and make the country more attractive for the rich. Maybe ask yourself how come the more we cut the more is shipped out of the country into tax havens and the poorer nearly all of us become. Does increased money circulation not just create inflation unless production increases accordingly. If the millionaire invests the £1000 in a UK business it should in theory help to increase production. If £1000 is given to the poor , if it is spent without an increase in production there is no overall benefit to the economy .
Let em starve to death then eh? Nice
???. Unless I am mistaken there is a safety net to ensure that no one starves . That is why we have a welfare system. I completed various welfare forms on behalf of a third party last week so hopefully am reasonably familiar with the strengths and weaknesses of the welfare system. What I do not do is expect the state to be held responsible for everyone's financial problems. Other family members must also take responsibility .
Wow just honestly wow
You can see you give a damn about people eh lol
Again there are people going days without any food thats fact.
I suppose you think taking £30 off people's ESA / PIP is a job well done eh ?
. If as you say there are people going without food , we would need to know the underlying reasons as to why this is happening and more importantly the proposed solution to the issue . Are we blaming governments ( regardless of which party ) or are we saying that certain people are unable to handle money and fail to allocate priority to food . ?"
No if about it.. its fact people are going without food for days hell even people in jobs are either going without food and having to visit foodbanks
We all know the reasons why people are going without food the UK government thats the Tories and the DWP dont give a damn about them and happy to punish the poor
So do you think taking £30 off people's ESA / PIP is a job well done eh ? |
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"Does increased money circulation not just create inflation unless production increases accordingly. If the millionaire invests the £1000 in a UK business it should in theory help to increase production. If £1000 is given to the poor , if it is spent without an increase in production there is no overall benefit to the economy . "
No, you are mistaking 'money circulation' which is the measure of economic activity with 'money supply' which is the adding or removing of money from the economy. If you add money to the economy without adding to GDP you get inflation, if you remove money from the economy you get deflation and recession. What we have is a government which keeps adding money to the economy for the rich then to remove that money and place it in tax havens. The result being 7 years of austerity where the vast majority have seen their income and net worth drop by 10% while the top 1% have doubled their wealth and not a penny has been paid off the national debt. In fact the national debt has doubled and is now pushing towards 90% of GDP when 7 years ago it was around 75% of GDP. But apparently according to the tories what we need is more of the same... |
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"If the millionaire invests the £1000 in a UK business it should in theory help to increase production. If £1000 is given to the poor , if it is spent without an increase in production there is no overall benefit to the economy . "
And you may not have noticed but the millionaires (and multinationals) are not investing in the UK. They are transferring money out of the UK like it was going out of fashion! |
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By (user no longer on site)
over a year ago
|
"How would anyone be punishing the poor . ? Everything that you have in life has to be earned . Different people have different skills . It is a fact of life that we are not all equal. Most of us assess what skills we have and make full utilisation of them. These will range from physical appearance , intelligence , business acumen , social skills, and concern for the welfare of others.
I'll make this very simple for you.
Since 2010 the Tories have overseen and upward redistribution of wealth that has seen the net worth of the top 1% double while the net worth of the bottom 70% has fallen by 10%.
Trickle down economics is a sham and a con trick.
Give a millionaire £1000 and they will save it in the most advantageous place they can put it because they can.
Give a poor person £1000 and they will spend it because they can.
Which of the 2 above is going to stimulate the economy by increasing money circulation and which one is going to depress economy by reducing money circulation?
Think about it next time you hear May, Hammond or some other Tory telling us we need to cut spending and benefits to reduce taxes and make the country more attractive for the rich. Maybe ask yourself how come the more we cut the more is shipped out of the country into tax havens and the poorer nearly all of us become. Does increased money circulation not just create inflation unless production increases accordingly. If the millionaire invests the £1000 in a UK business it should in theory help to increase production. If £1000 is given to the poor , if it is spent without an increase in production there is no overall benefit to the economy .
Let em starve to death then eh? Nice
???. Unless I am mistaken there is a safety net to ensure that no one starves . That is why we have a welfare system. I completed various welfare forms on behalf of a third party last week so hopefully am reasonably familiar with the strengths and weaknesses of the welfare system. What I do not do is expect the state to be held responsible for everyone's financial problems. Other family members must also take responsibility .
Wow just honestly wow
You can see you give a damn about people eh lol
Again there are people going days without any food thats fact.
I suppose you think taking £30 off people's ESA / PIP is a job well done eh ?
. If as you say there are people going without food , we would need to know the underlying reasons as to why this is happening and more importantly the proposed solution to the issue . Are we blaming governments ( regardless of which party ) or are we saying that certain people are unable to handle money and fail to allocate priority to food . ?
No if about it.. its fact people are going without food for days hell even people in jobs are either going without food and having to visit foodbanks
We all know the reasons why people are going without food the UK government thats the Tories and the DWP dont give a damn about them and happy to punish the poor
So do you think taking £30 off people's ESA / PIP is a job well done eh ?"
I think you will find that most governments will want to create an environment in which people will prosper .
The current government have taken a responsible attitude towards public expenditure and created a financial framework for a sound economy . This in turn ensures that there is sufficient funding available to help the most needy. |
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By *inkyHnS OP Couple
over a year ago
The Council of Elrond |
"How would anyone be punishing the poor . ? Everything that you have in life has to be earned . Different people have different skills . It is a fact of life that we are not all equal. Most of us assess what skills we have and make full utilisation of them. These will range from physical appearance , intelligence , business acumen , social skills, and concern for the welfare of others.
I'll make this very simple for you.
Since 2010 the Tories have overseen and upward redistribution of wealth that has seen the net worth of the top 1% double while the net worth of the bottom 70% has fallen by 10%.
Trickle down economics is a sham and a con trick.
Give a millionaire £1000 and they will save it in the most advantageous place they can put it because they can.
Give a poor person £1000 and they will spend it because they can.
Which of the 2 above is going to stimulate the economy by increasing money circulation and which one is going to depress economy by reducing money circulation?
Think about it next time you hear May, Hammond or some other Tory telling us we need to cut spending and benefits to reduce taxes and make the country more attractive for the rich. Maybe ask yourself how come the more we cut the more is shipped out of the country into tax havens and the poorer nearly all of us become. Does increased money circulation not just create inflation unless production increases accordingly. If the millionaire invests the £1000 in a UK business it should in theory help to increase production. If £1000 is given to the poor , if it is spent without an increase in production there is no overall benefit to the economy .
Let em starve to death then eh? Nice
???. Unless I am mistaken there is a safety net to ensure that no one starves . That is why we have a welfare system. I completed various welfare forms on behalf of a third party last week so hopefully am reasonably familiar with the strengths and weaknesses of the welfare system. What I do not do is expect the state to be held responsible for everyone's financial problems. Other family members must also take responsibility .
Wow just honestly wow
You can see you give a damn about people eh lol
Again there are people going days without any food thats fact.
I suppose you think taking £30 off people's ESA / PIP is a job well done eh ?
. If as you say there are people going without food , we would need to know the underlying reasons as to why this is happening and more importantly the proposed solution to the issue . Are we blaming governments ( regardless of which party ) or are we saying that certain people are unable to handle money and fail to allocate priority to food . ?
No if about it.. its fact people are going without food for days hell even people in jobs are either going without food and having to visit foodbanks
We all know the reasons why people are going without food the UK government thats the Tories and the DWP dont give a damn about them and happy to punish the poor
So do you think taking £30 off people's ESA / PIP is a job well done eh ? I think you will find that most governments will want to create an environment in which people will prosper .
The current government have taken a responsible attitude towards public expenditure and created a financial framework for a sound economy . This in turn ensures that there is sufficient funding available to help the most needy. "
So do you think taking £30 off people's ESA / PIP is a job well done? |
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"I think you will find that most governments will want to create an environment in which people will prosper .
The current government have taken a responsible attitude towards public expenditure and created a financial framework for a sound economy . This in turn ensures that there is sufficient funding available to help the most needy. "
You are deluded if you really believe that. Most governments are only interested in remaining in power and enriching themselves and their backers.
The current government have overseen the upward transfer of wealth from the state and the bottom 70% of the population to the top 1%. That is not a responsible attitude unless you are in the top 1% and I am pretty sure that you are in the bottom 70% (as in your individual net worth is less than £500,000 and annual remuneration is under £227,000).
So carry on supporting the people who are making you and your children poorer. I'm sure they will be ever so grateful when they find themselves homeless. |
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"I think you will find that most governments will want to create an environment in which people will prosper .
The current government have taken a responsible attitude towards public expenditure and created a financial framework for a sound economy . This in turn ensures that there is sufficient funding available to help the most needy.
You are deluded if you really believe that. Most governments are only interested in remaining in power and enriching themselves and their backers.
The current government have overseen the upward transfer of wealth from the state and the bottom 70% of the population to the top 1%. That is not a responsible attitude unless you are in the top 1% and I am pretty sure that you are in the bottom 70% (as in your individual net worth is less than £500,000 and annual remuneration is under £227,000).
So carry on supporting the people who are making you and your children poorer. I'm sure they will be ever so grateful when they find themselves homeless."
Sorry mate. I can’t agree. I’m nowhere near the top 1% but this government hasn’t made me poorer. We all have different opinions, I just do what’s good for me. |
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"Sorry mate. I can’t agree. I’m nowhere near the top 1% but this government hasn’t made me poorer. We all have different opinions, I just do what’s good for me. "
I really do not care if you agree or not. The figures are not mine, they come from the IMF (International Monetary Fund) and have been confirmed as correct by the ONS (Office for National Statistics) and OBR (The Office for Budget Responsibility). |
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"Sorry mate. I can’t agree. I’m nowhere near the top 1% but this government hasn’t made me poorer. We all have different opinions, I just do what’s good for me.
I really do not care if you agree or not. The figures are not mine, they come from the IMF (International Monetary Fund) and have been confirmed as correct by the ONS (Office for National Statistics) and OBR (The Office for Budget Responsibility)."
I’m not disputing the figures, I’m disputing the fact that you’ve made a general comment that unless you’re in the top 1% then this government has made you poorer. I can only speak for myself but in my case this isn’t true, so the IMF, ONS and ONR can stick their figures where the sun don’t shine. As I said we’re all entitled to our opinion, I just don’t like people forcing theirs on others. |
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By (user no longer on site)
over a year ago
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"The IMF also said just before the EU referendum that the pound was 20% overvalued."
interesting overvalued for whom - business or the the population?
Those of you who remember "half a dollar ""2s6d" was so called because we got 4$ to a £. This nation's currency value has been falling all my life, and will continue to do so. The reason being having gone from an economy which manufactures to a service economy. We don't make anything in the same volume as we did when we were the "engine room" of the world. As the Paradise papers show we got great tax lawyer's, offshore havens, banking & insurance all service industries. Panorama has shown what our future is going to be - low regulation and who will benefit? Who wants to pay 3.7% tax? Well the guy on the street won't - but maybe we should all have our own company's - get paid dividends instead of wages? And we wonder why Greece got f..ked? |
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By (user no longer on site)
over a year ago
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"I think you will find that most governments will want to create an environment in which people will prosper .
The current government have taken a responsible attitude towards public expenditure and created a financial framework for a sound economy . This in turn ensures that there is sufficient funding available to help the most needy.
You are deluded if you really believe that. Most governments are only interested in remaining in power and enriching themselves and their backers.
The current government have overseen the upward transfer of wealth from the state and the bottom 70% of the population to the top 1%. That is not a responsible attitude unless you are in the top 1% and I am pretty sure that you are in the bottom 70% (as in your individual net worth is less than £500,000 and annual remuneration is under £227,000).
So carry on supporting the people who are making you and your children poorer. I'm sure they will be ever so grateful when they find themselves homeless.
Sorry mate. I can’t agree. I’m nowhere near the top 1% but this government hasn’t made me poorer. We all have different opinions, I just do what’s good for me. "
.Wwll said. Same here . I certainly have not become poorer over the last ten years and do not think that many others have either . If anyone has doubts just look at the number of new cars sold or the number of coffee shops opening selling expensive coffee or the growth in air travel.. These are hardly signs of people becoming poorer. |
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By (user no longer on site)
over a year ago
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Something which has occurred to me about this apparent greed by the recipients of these tax avoidance schemes is the finality of it. There does appear to be some mitigation actually in that we do have a strange tax system which encourages this sort of carry on. And it's been going on for centuries.
The user of such a scheme has to make a conscious decision to deny the tax which is needed for schools, hospitals and social services. There is no middle ground, they either pay tax at 45% or avoid it completely, there is nothing in between. When I was self employed many years ago it used to advantageous to declare as little income as possible and pay corporation tax at a much lower rate on your profits. I suspect that is still the case.
In the case of these Brown's boys people who are not in any sort of PAYE system their salary is paid to a shell company and then they loan the money back, never intending to pay it back, which is defacto income but without the exposure of the way in which it's done we would have no idea.
The question is surely nobody could be so morally corrupt to do that unless they had to. There doesn't seem to be any half way house. All that seems to be happening is that an army of parasitic accountants find ways to assist what appear to be corrupt people avoid paying their share towards societies infrastructure. Would I want to live my life with a secret like that.
Not sure if I would. |
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By (user no longer on site)
over a year ago
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The problem is that they insist on taxing the shite out of someone at a rate of 40% because they are high earners.
If everyone was in the same rate of tax then it would not be so inviting to find ways to lose so much of you’re earnings to tax.
How many people would be ok with losing 40% ? |
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"Queen's estate sticks millions of quid in tax haven yet the BBC says "no suggestion that the Queen is avoiding tax
I think it's blindingly obvious she's been trying and succeeding to avoid paying tax. But hey i know people will love to defend the unelected head of state no matter what.
Thats the problem people just allow this shite to happen without a care in the world that the rich stay rich and the poor are punished but hell when it does start to effect them they would be the first to moan about it "
"Queens estate...", I doubt very much that the Queen herself has any idea where her money comes from, is invested, or in fact cares a great deal.
Some number-cruncher will have seen an opportunity to dodge some tax, and done the relevant paperwork. |
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By (user no longer on site)
over a year ago
|
"You wont see this on any news media in the UK
Scotland's First Minster pays tax on her full salary entitlement but only draws her salary at its 2008/2009 level the balance is automanically paid to the Scottish government for use in general public spending
I am so proud to have our First Minster put the people first and not hiding money away in offshore accounts like some scumbags trying to avoid paying tax "
The woman should be made a blessed saint !!!!
And the fact her husband trousers £100000 should be ignored !!!!
Still not a bad income !!!! |
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By (user no longer on site)
over a year ago
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"The problem is that they insist on taxing the shite out of someone at a rate of 40% because they are high earners.
If everyone was in the same rate of tax then it would not be so inviting to find ways to lose so much of you’re earnings to tax.
How many people would be ok with losing 40% ?"
I have no choice I love in the highest taxes part of the UK, Scotland and it is going up again soon !!!! |
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By (user no longer on site)
over a year ago
|
"You wont see this on any news media in the UK
Scotland's First Minster pays tax on her full salary entitlement but only draws her salary at its 2008/2009 level the balance is automanically paid to the Scottish government for use in general public spending
I am so proud to have our First Minster put the people first and not hiding money away in offshore accounts like some scumbags trying to avoid paying tax
The woman should be made a blessed saint !!!!
And the fact her husband trousers £100000 should be ignored !!!!
Still not a bad income !!!!"
And she is being put up in a hotel whilst her grace and favour home is being repaired.
She is too holy to be a mere saint! |
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By (user no longer on site)
over a year ago
|
In the name of profit, once more in the name of cash! The new U2 song. Bullshit with your debt forgiveness campaigns!
This is capitalism gone wild, the system is broken, the leaders are impotent.
Those who do not pay their fair share should have all their assets seized immediately, the money then is used to fill government coffers. Let’s get draconian.
|
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Sorry for the long post ....
An economics professor at a local college made a statement that he had never failed a single student before, but had recently failed an entire class. That class had insisted that Obama’s socialism worked and that no one would be poor and no one would be rich; a great equalizer.
The professor then said, “OK, we will have an experiment in this class on Obama’s plan”. All grades will be averaged and everyone will receive the same grade so no one will fail and no one will receive an A (substituting grades for dollars – something closer to home and more readily understood by all).
After the first test, the grades were averaged and everyone got a B. The students who studied hard were upset and the students who studied little were happy.
As the second test rolled around, the students who studied little had studied even less and the ones who studied hard decided they wanted a free ride too so they studied little.
The second test average was a D! No one was happy.
When the third test rolled around, the average was an F.
As the tests proceeded, the scores never increased as bickering, blame and name-calling all resulted in hard feelings and no one would study for the benefit of anyone else.
To their great surprise, all failed and the professor told them that socialism would also ultimately fail because when the reward is great, the effort to succeed is great, but when government takes all the reward away, no one will try or want to succeed.
|
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By (user no longer on site)
over a year ago
|
"In the name of profit, once more in the name of cash! The new U2 song. Bullshit with your debt forgiveness campaigns!
This is capitalism gone wild, the system is broken, the leaders are impotent.
Those who do not pay their fair share should have all their assets seized immediately, the money then is used to fill government coffers. Let’s get draconian.
"
I think the sad bit here is that it's not just the "rich" it's society and people.
I hear of small businesses looking for tax loopholes, poor people trying to fiddle entitlements, middle class people claiming stuff they could happily pay for.
I doubt very much that the 'rich'paying more tax will solve the world's poverty and inequality. That would take a monumental change in the human mindset not just infrastructure. |
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"In the name of profit, once more in the name of cash! The new U2 song. Bullshit with your debt forgiveness campaigns!
This is capitalism gone wild, the system is broken, the leaders are impotent.
Those who do not pay their fair share should have all their assets seized immediately, the money then is used to fill government coffers. Let’s get draconian.
I think the sad bit here is that it's not just the "rich" it's society and people.
I hear of small businesses looking for tax loopholes, poor people trying to fiddle entitlements, middle class people claiming stuff they could happily pay for.
I doubt very much that the 'rich'paying more tax will solve the world's poverty and inequality. That would take a monumental change in the human mindset not just infrastructure."
|
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By (user no longer on site)
over a year ago
|
"Sorry for the long post ....
An economics professor at a local college made a statement that he had never failed a single student before, but had recently failed an entire class. That class had insisted that Obama’s socialism worked and that no one would be poor and no one would be rich; a great equalizer.
The professor then said, “OK, we will have an experiment in this class on Obama’s plan”. All grades will be averaged and everyone will receive the same grade so no one will fail and no one will receive an A (substituting grades for dollars – something closer to home and more readily understood by all).
After the first test, the grades were averaged and everyone got a B. The students who studied hard were upset and the students who studied little were happy.
As the second test rolled around, the students who studied little had studied even less and the ones who studied hard decided they wanted a free ride too so they studied little.
The second test average was a D! No one was happy.
When the third test rolled around, the average was an F.
As the tests proceeded, the scores never increased as bickering, blame and name-calling all resulted in hard feelings and no one would study for the benefit of anyone else.
To their great surprise, all failed and the professor told them that socialism would also ultimately fail because when the reward is great, the effort to succeed is great, but when government takes all the reward away, no one will try or want to succeed.
"
I've read this copypasta before. What does a President who's been out of office for 10 months have to do with this, and who/where is this professor who doesn't know what the central tenets of socialist economics? |
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By *LCCCouple
over a year ago
Cambridge |
"Sorry for the long post ....
An economics professor at a local college made a statement that he had never failed a single student before, but had recently failed an entire class. That class had insisted that Obama’s socialism worked and that no one would be poor and no one would be rich; a great equalizer.
The professor then said, “OK, we will have an experiment in this class on Obama’s plan”. All grades will be averaged and everyone will receive the same grade so no one will fail and no one will receive an A (substituting grades for dollars – something closer to home and more readily understood by all).
After the first test, the grades were averaged and everyone got a B. The students who studied hard were upset and the students who studied little were happy.
As the second test rolled around, the students who studied little had studied even less and the ones who studied hard decided they wanted a free ride too so they studied little.
The second test average was a D! No one was happy.
When the third test rolled around, the average was an F.
As the tests proceeded, the scores never increased as bickering, blame and name-calling all resulted in hard feelings and no one would study for the benefit of anyone else.
To their great surprise, all failed and the professor told them that socialism would also ultimately fail because when the reward is great, the effort to succeed is great, but when government takes all the reward away, no one will try or want to succeed.
"
This was a college local to Enfield was it? Seems strange he was talking about dollars instead of pounds and that you are spelling words the American rather than British way. How did you come to hear about this, were you in the class? Maybe you know the "professor"? |
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By (user no longer on site)
over a year ago
|
"How would anyone be punishing the poor . ? Everything that you have in life has to be earned . Different people have different skills . It is a fact of life that we are not all equal. Most of us assess what skills we have and make full utilisation of them. These will range from physical appearance , intelligence , business acumen , social skills, and concern for the welfare of others.
I'll make this very simple for you.
Since 2010 the Tories have overseen and upward redistribution of wealth that has seen the net worth of the top 1% double while the net worth of the bottom 70% has fallen by 10%.
Trickle down economics is a sham and a con trick.
Give a millionaire £1000 and they will save it in the most advantageous place they can put it because they can.
Give a poor person £1000 and they will spend it because they can.
Which of the 2 above is going to stimulate the economy by increasing money circulation and which one is going to depress economy by reducing money circulation?
Think about it next time you hear May, Hammond or some other Tory telling us we need to cut spending and benefits to reduce taxes and make the country more attractive for the rich. Maybe ask yourself how come the more we cut the more is shipped out of the country into tax havens and the poorer nearly all of us become. Does increased money circulation not just create inflation unless production increases accordingly. If the millionaire invests the £1000 in a UK business it should in theory help to increase production. If £1000 is given to the poor , if it is spent without an increase in production there is no overall benefit to the economy .
Let em starve to death then eh? Nice
???. Unless I am mistaken there is a safety net to ensure that no one starves . That is why we have a welfare system. I completed various welfare forms on behalf of a third party last week so hopefully am reasonably familiar with the strengths and weaknesses of the welfare system. What I do not do is expect the state to be held responsible for everyone's financial problems. Other family members must also take responsibility . "
Yes, you are mistaken. The safety net you mention has whopping big holes in put there by tory shits like Osborne, IDS and cameron. |
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By (user no longer on site)
over a year ago
|
"How would anyone be punishing the poor . ? Everything that you have in life has to be earned . Different people have different skills . It is a fact of life that we are not all equal. Most of us assess what skills we have and make full utilisation of them. These will range from physical appearance , intelligence , business acumen , social skills, and concern for the welfare of others.
I'll make this very simple for you.
Since 2010 the Tories have overseen and upward redistribution of wealth that has seen the net worth of the top 1% double while the net worth of the bottom 70% has fallen by 10%.
Trickle down economics is a sham and a con trick.
Give a millionaire £1000 and they will save it in the most advantageous place they can put it because they can.
Give a poor person £1000 and they will spend it because they can.
Which of the 2 above is going to stimulate the economy by increasing money circulation and which one is going to depress economy by reducing money circulation?
Think about it next time you hear May, Hammond or some other Tory telling us we need to cut spending and benefits to reduce taxes and make the country more attractive for the rich. Maybe ask yourself how come the more we cut the more is shipped out of the country into tax havens and the poorer nearly all of us become. Does increased money circulation not just create inflation unless production increases accordingly. If the millionaire invests the £1000 in a UK business it should in theory help to increase production. If £1000 is given to the poor , if it is spent without an increase in production there is no overall benefit to the economy .
Let em starve to death then eh? Nice
???. Unless I am mistaken there is a safety net to ensure that no one starves . That is why we have a welfare system. I completed various welfare forms on behalf of a third party last week so hopefully am reasonably familiar with the strengths and weaknesses of the welfare system. What I do not do is expect the state to be held responsible for everyone's financial problems. Other family members must also take responsibility .
Wow just honestly wow
You can see you give a damn about people eh lol
Again there are people going days without any food thats fact.
I suppose you think taking £30 off people's ESA / PIP is a job well done eh ?
"
Plus suicide rates among claimants being denied/restricted by the government |
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By (user no longer on site)
over a year ago
|
"Sorry for the long post ....
An economics professor at a local college made a statement that he had never failed a single student before, but had recently failed an entire class. That class had insisted that Obama’s socialism worked and that no one would be poor and no one would be rich; a great equalizer.
The professor then said, “OK, we will have an experiment in this class on Obama’s plan”. All grades will be averaged and everyone will receive the same grade so no one will fail and no one will receive an A (substituting grades for dollars – something closer to home and more readily understood by all).
After the first test, the grades were averaged and everyone got a B. The students who studied hard were upset and the students who studied little were happy.
As the second test rolled around, the students who studied little had studied even less and the ones who studied hard decided they wanted a free ride too so they studied little.
The second test average was a D! No one was happy.
When the third test rolled around, the average was an F.
As the tests proceeded, the scores never increased as bickering, blame and name-calling all resulted in hard feelings and no one would study for the benefit of anyone else.
To their great surprise, all failed and the professor told them that socialism would also ultimately fail because when the reward is great, the effort to succeed is great, but when government takes all the reward away, no one will try or want to succeed.
"
what's any of this got to do with mass tax avoidance by the super wealthy?
|
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By (user no longer on site)
over a year ago
|
"Sorry for the long post ....
An economics professor at a local college made a statement that he had never failed a single student before, but had recently failed an entire class. That class had insisted that Obama’s socialism worked and that no one would be poor and no one would be rich; a great equalizer.
The professor then said, “OK, we will have an experiment in this class on Obama’s plan”. All grades will be averaged and everyone will receive the same grade so no one will fail and no one will receive an A (substituting grades for dollars – something closer to home and more readily understood by all).
After the first test, the grades were averaged and everyone got a B. The students who studied hard were upset and the students who studied little were happy.
As the second test rolled around, the students who studied little had studied even less and the ones who studied hard decided they wanted a free ride too so they studied little.
The second test average was a D! No one was happy.
When the third test rolled around, the average was an F.
As the tests proceeded, the scores never increased as bickering, blame and name-calling all resulted in hard feelings and no one would study for the benefit of anyone else.
To their great surprise, all failed and the professor told them that socialism would also ultimately fail because when the reward is great, the effort to succeed is great, but when government takes all the reward away, no one will try or want to succeed.
what's any of this got to do with mass tax avoidance by the super wealthy?
"
Just heard the news about lewis Hamilton getting his 3.3 million rebate from buying his executive jet from isle of man, along with stacks other people
Yet iom guvnor says 5he iom isn't a tax haven. I beg to differ! |
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"Sorry for the long post ....
An economics professor at a local college made a statement that he had never failed a single student before, but had recently failed an entire class. That class had insisted that Obama’s socialism worked and that no one would be poor and no one would be rich; a great equalizer.
The professor then said, “OK, we will have an experiment in this class on Obama’s plan”. All grades will be averaged and everyone will receive the same grade so no one will fail and no one will receive an A (substituting grades for dollars – something closer to home and more readily understood by all).
After the first test, the grades were averaged and everyone got a B. The students who studied hard were upset and the students who studied little were happy.
As the second test rolled around, the students who studied little had studied even less and the ones who studied hard decided they wanted a free ride too so they studied little.
The second test average was a D! No one was happy.
When the third test rolled around, the average was an F.
As the tests proceeded, the scores never increased as bickering, blame and name-calling all resulted in hard feelings and no one would study for the benefit of anyone else.
To their great surprise, all failed and the professor told them that socialism would also ultimately fail because when the reward is great, the effort to succeed is great, but when government takes all the reward away, no one will try or want to succeed.
what's any of this got to do with mass tax avoidance by the super wealthy?
"
You really need to ask that, where is the difference in the wealthy avoiding tax and someone sitting on their ass fraudulently claiming benefits ?? |
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By (user no longer on site)
over a year ago
|
"Sorry for the long post ....
An economics professor at a local college made a statement that he had never failed a single student before, but had recently failed an entire class. That class had insisted that Obama’s socialism worked and that no one would be poor and no one would be rich; a great equalizer.
The professor then said, “OK, we will have an experiment in this class on Obama’s plan”. All grades will be averaged and everyone will receive the same grade so no one will fail and no one will receive an A (substituting grades for dollars – something closer to home and more readily understood by all).
After the first test, the grades were averaged and everyone got a B. The students who studied hard were upset and the students who studied little were happy.
As the second test rolled around, the students who studied little had studied even less and the ones who studied hard decided they wanted a free ride too so they studied little.
The second test average was a D! No one was happy.
When the third test rolled around, the average was an F.
As the tests proceeded, the scores never increased as bickering, blame and name-calling all resulted in hard feelings and no one would study for the benefit of anyone else.
To their great surprise, all failed and the professor told them that socialism would also ultimately fail because when the reward is great, the effort to succeed is great, but when government takes all the reward away, no one will try or want to succeed.
what's any of this got to do with mass tax avoidance by the super wealthy?
Just heard the news about lewis Hamilton getting his 3.3 million rebate from buying his executive jet from isle of man, along with stacks other people
Yet iom guvnor says 5he iom isn't a tax haven. I beg to differ! "
he bought it from canada .... flew it to IOM where it spent a total of 20 minutes on the tarmac which was just long enough to have a form delivered to the aircraft which verified that the plane was being imported and that vat had been settled ... the vat payable was zero pounds ... it then took off again and flew the stuttgart ... it has never been back to the IOM where it is registered as being imported to |
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By (user no longer on site)
over a year ago
|
"Sorry for the long post ....
An economics professor at a local college made a statement that he had never failed a single student before, but had recently failed an entire class. That class had insisted that Obama’s socialism worked and that no one would be poor and no one would be rich; a great equalizer.
The professor then said, “OK, we will have an experiment in this class on Obama’s plan”. All grades will be averaged and everyone will receive the same grade so no one will fail and no one will receive an A (substituting grades for dollars – something closer to home and more readily understood by all).
After the first test, the grades were averaged and everyone got a B. The students who studied hard were upset and the students who studied little were happy.
As the second test rolled around, the students who studied little had studied even less and the ones who studied hard decided they wanted a free ride too so they studied little.
The second test average was a D! No one was happy.
When the third test rolled around, the average was an F.
As the tests proceeded, the scores never increased as bickering, blame and name-calling all resulted in hard feelings and no one would study for the benefit of anyone else.
To their great surprise, all failed and the professor told them that socialism would also ultimately fail because when the reward is great, the effort to succeed is great, but when government takes all the reward away, no one will try or want to succeed.
what's any of this got to do with mass tax avoidance by the super wealthy?
Just heard the news about lewis Hamilton getting his 3.3 million rebate from buying his executive jet from isle of man, along with stacks other people
Yet iom guvnor says 5he iom isn't a tax haven. I beg to differ!
he bought it from canada .... flew it to IOM where it spent a total of 20 minutes on the tarmac which was just long enough to have a form delivered to the aircraft which verified that the plane was being imported and that vat had been settled ... the vat payable was zero pounds ... it then took off again and flew the stuttgart ... it has never been back to the IOM where it is registered as being imported to"
Thats nice eh? I did catch the bit about shit loads of olanes being registered in the isle of man.
Bet all this paradisr papers thing blows over and ehen the news moves on it'll be business as usual |
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By (user no longer on site)
over a year ago
|
"Sorry for the long post ....
An economics professor at a local college made a statement that he had never failed a single student before, but had recently failed an entire class. That class had insisted that Obama’s socialism worked and that no one would be poor and no one would be rich; a great equalizer.
The professor then said, “OK, we will have an experiment in this class on Obama’s plan”. All grades will be averaged and everyone will receive the same grade so no one will fail and no one will receive an A (substituting grades for dollars – something closer to home and more readily understood by all).
After the first test, the grades were averaged and everyone got a B. The students who studied hard were upset and the students who studied little were happy.
As the second test rolled around, the students who studied little had studied even less and the ones who studied hard decided they wanted a free ride too so they studied little.
The second test average was a D! No one was happy.
When the third test rolled around, the average was an F.
As the tests proceeded, the scores never increased as bickering, blame and name-calling all resulted in hard feelings and no one would study for the benefit of anyone else.
To their great surprise, all failed and the professor told them that socialism would also ultimately fail because when the reward is great, the effort to succeed is great, but when government takes all the reward away, no one will try or want to succeed.
what's any of this got to do with mass tax avoidance by the super wealthy?
"
It is an excellent illustration of the dangers of trying to assume that everyone is equal. All that is achieved is that it drags standards of everyone down. Excessive taxes do the same. |
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By (user no longer on site)
over a year ago
|
"Sorry for the long post ....
An economics professor at a local college made a statement that he had never failed a single student before, but had recently failed an entire class. That class had insisted that Obama’s socialism worked and that no one would be poor and no one would be rich; a great equalizer.
The professor then said, “OK, we will have an experiment in this class on Obama’s plan”. All grades will be averaged and everyone will receive the same grade so no one will fail and no one will receive an A (substituting grades for dollars – something closer to home and more readily understood by all).
After the first test, the grades were averaged and everyone got a B. The students who studied hard were upset and the students who studied little were happy.
As the second test rolled around, the students who studied little had studied even less and the ones who studied hard decided they wanted a free ride too so they studied little.
The second test average was a D! No one was happy.
When the third test rolled around, the average was an F.
As the tests proceeded, the scores never increased as bickering, blame and name-calling all resulted in hard feelings and no one would study for the benefit of anyone else.
To their great surprise, all failed and the professor told them that socialism would also ultimately fail because when the reward is great, the effort to succeed is great, but when government takes all the reward away, no one will try or want to succeed.
what's any of this got to do with mass tax avoidance by the super wealthy?
You really need to ask that, where is the difference in the wealthy avoiding tax and someone sitting on their ass fraudulently claiming benefits ??"
we know who the wealthy are who are avoiding paying the tax that is owed to us all via the exchequer, they've been named in the papers ... who is this person that you allege is claiming benefit fraudulently though? |
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By (user no longer on site)
over a year ago
|
"Sorry for the long post ....
An economics professor at a local college made a statement that he had never failed a single student before, but had recently failed an entire class. That class had insisted that Obama’s socialism worked and that no one would be poor and no one would be rich; a great equalizer.
The professor then said, “OK, we will have an experiment in this class on Obama’s plan”. All grades will be averaged and everyone will receive the same grade so no one will fail and no one will receive an A (substituting grades for dollars – something closer to home and more readily understood by all).
After the first test, the grades were averaged and everyone got a B. The students who studied hard were upset and the students who studied little were happy.
As the second test rolled around, the students who studied little had studied even less and the ones who studied hard decided they wanted a free ride too so they studied little.
The second test average was a D! No one was happy.
When the third test rolled around, the average was an F.
As the tests proceeded, the scores never increased as bickering, blame and name-calling all resulted in hard feelings and no one would study for the benefit of anyone else.
To their great surprise, all failed and the professor told them that socialism would also ultimately fail because when the reward is great, the effort to succeed is great, but when government takes all the reward away, no one will try or want to succeed.
what's any of this got to do with mass tax avoidance by the super wealthy?
It is an excellent illustration of the dangers of trying to assume that everyone is equal. All that is achieved is that it drags standards of everyone down. Excessive taxes do the same. "
it's a marginally entertaining fable but in reality it's just a made up anecdote |
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By (user no longer on site)
over a year ago
|
"Sorry for the long post ....
An economics professor at a local college made a statement that he had never failed a single student before, but had recently failed an entire class. That class had insisted that Obama’s socialism worked and that no one would be poor and no one would be rich; a great equalizer.
The professor then said, “OK, we will have an experiment in this class on Obama’s plan”. All grades will be averaged and everyone will receive the same grade so no one will fail and no one will receive an A (substituting grades for dollars – something closer to home and more readily understood by all).
After the first test, the grades were averaged and everyone got a B. The students who studied hard were upset and the students who studied little were happy.
As the second test rolled around, the students who studied little had studied even less and the ones who studied hard decided they wanted a free ride too so they studied little.
The second test average was a D! No one was happy.
When the third test rolled around, the average was an F.
As the tests proceeded, the scores never increased as bickering, blame and name-calling all resulted in hard feelings and no one would study for the benefit of anyone else.
To their great surprise, all failed and the professor told them that socialism would also ultimately fail because when the reward is great, the effort to succeed is great, but when government takes all the reward away, no one will try or want to succeed.
what's any of this got to do with mass tax avoidance by the super wealthy?
It is an excellent illustration of the dangers of trying to assume that everyone is equal. All that is achieved is that it drags standards of everyone down. Excessive taxes do the same.
it's a marginally entertaining fable but in reality it's just a made up anecdote "
.... and it still has nothing whatsoever to do with mass aggressive tax avoidance by the super wealthy |
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By *inkyHnS OP Couple
over a year ago
The Council of Elrond |
So anyone that thinks Queen hasn't offshored her cash to avoid paying tax. So why has she done it then? Dont tell me she or none of the royal family didnt know where the money is going |
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By *LCCCouple
over a year ago
Cambridge |
"So anyone that thinks Queen hasn't offshored her cash to avoid paying tax. So why has she done it then? Dont tell me she or none of the royal family didnt know where the money is going"
Seems you are the only one OP! |
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By *inkyHnS OP Couple
over a year ago
The Council of Elrond |
"So anyone that thinks Queen hasn't offshored her cash to avoid paying tax. So why has she done it then? Dont tell me she or none of the royal family didnt know where the money is going
Seems you are the only one OP! "
Ouch dont like that your queen could have been hiding money away in offshore accounts eh ?
Lets just say she has how would you feel ? Would you defend her or say that shit is not on ? |
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By *LCCCouple
over a year ago
Cambridge |
"So anyone that thinks Queen hasn't offshored her cash to avoid paying tax. So why has she done it then? Dont tell me she or none of the royal family didnt know where the money is going
Seems you are the only one OP!
Ouch dont like that your queen could have been hiding money away in offshore accounts eh ?
Lets just say she has how would you feel ? Would you defend her or say that shit is not on ? "
Having an account overseas isn't the issue at hand. The issue at hand is whether or not the right amount of tax has been paid. For example, people who have homes abroad, often have a local account as well as a UK account.
I think people should pay the right amount of tax. As has already been mentioned, tax evasion is what's illegal, and should be dealt with as such. Tax avoidance however is when accountants outsmart HMRC. As has already been mentioned, this isn't an option that is available to most people, mainly just rich people.
The UK has one of the oldest and most stable forms of government in the world. As a result our tax legislation is extremely complicated and antiquated. I think the government should invest the money to close loopholes, investigate evasion (the conservatives slashed this part of HMRC as an austerity measure) and minimise opportunities for avoidance.
However, tax is a tricky thing. Set it too low and you don't collect enough, set it too high and you scare some people off and then another country collects their tax, not you. So as ever, you have to find that sweet spot which brings in the most to the Exchequer.
This is all fairly common sense, and I don't see how most reasonable people could disagree with what I have written. |
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"Sorry for the long post ....
An economics professor at a local college made a statement that he had never failed a single student before, but had recently failed an entire class. That class had insisted that Obama’s socialism worked and that no one would be poor and no one would be rich; a great equalizer.
The professor then said, “OK, we will have an experiment in this class on Obama’s plan”. All grades will be averaged and everyone will receive the same grade so no one will fail and no one will receive an A (substituting grades for dollars – something closer to home and more readily understood by all).
After the first test, the grades were averaged and everyone got a B. The students who studied hard were upset and the students who studied little were happy.
As the second test rolled around, the students who studied little had studied even less and the ones who studied hard decided they wanted a free ride too so they studied little.
The second test average was a D! No one was happy.
When the third test rolled around, the average was an F.
As the tests proceeded, the scores never increased as bickering, blame and name-calling all resulted in hard feelings and no one would study for the benefit of anyone else.
To their great surprise, all failed and the professor told them that socialism would also ultimately fail because when the reward is great, the effort to succeed is great, but when government takes all the reward away, no one will try or want to succeed.
what's any of this got to do with mass tax avoidance by the super wealthy?
It is an excellent illustration of the dangers of trying to assume that everyone is equal. All that is achieved is that it drags standards of everyone down. Excessive taxes do the same.
it's a marginally entertaining fable but in reality it's just a made up anecdote "
I agree it’s made up but the point I’m trying to make is that if we punish the super rich then where’s their incentive to get rich. Unfortunately we’re all different and everyone has a different work ethic, but there are to many people who think the world owes them a living. I just don’t buy into the idea that taxing the “super rich” solves all our problems. We all have our own opinions, who knows who’s right or wrong. I’ll just keep doing what’s good for me. |
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"So anyone that thinks Queen hasn't offshored her cash to avoid paying tax. So why has she done it then? Dont tell me she or none of the royal family didnt know where the money is going
Seems you are the only one OP!
Ouch dont like that your queen could have been hiding money away in offshore accounts eh ?
Lets just say she has how would you feel ? Would you defend her or say that shit is not on ?
Having an account overseas isn't the issue at hand. The issue at hand is whether or not the right amount of tax has been paid. For example, people who have homes abroad, often have a local account as well as a UK account.
I think people should pay the right amount of tax. As has already been mentioned, tax evasion is what's illegal, and should be dealt with as such. Tax avoidance however is when accountants outsmart HMRC. As has already been mentioned, this isn't an option that is available to most people, mainly just rich people.
The UK has one of the oldest and most stable forms of government in the world. As a result our tax legislation is extremely complicated and antiquated. I think the government should invest the money to close loopholes, investigate evasion (the conservatives slashed this part of HMRC as an austerity measure) and minimise opportunities for avoidance.
However, tax is a tricky thing. Set it too low and you don't collect enough, set it too high and you scare some people off and then another country collects their tax, not you. So as ever, you have to find that sweet spot which brings in the most to the Exchequer.
This is all fairly common sense, and I don't see how most reasonable people could disagree with what I have written."
Some great points, and I agree most reasonable people shouldn’t disagree however the problem is not everyone is reasonable. Some people don’t seem to grasp the concept that if you tax someone too much they will move on, you’re the first person to point this out |
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What's new....? And still as a nation we vote in the Tories (though I do wonder if the alternative will really be any different.... But we can hope I suppose).
Quote from the Guardian back in 2012.....
The richest 10% of households in Britain have seen the value of their assets increase by up to £322,000 as a result of the Bank of England's attempts to use electronic money creation to lift the economy out of its deepest post-war slump.
Threadneedle Street said that wealthy families had been the biggest beneficiaries of its £375bn quantitative-easing (QE) programme, under which it has been buying government gilts for cash since early 2009.
The Bank of England calculated that the value of shares and bonds had risen by 26% – or £600bn – as a result of the policy, equivalent to £10,000 for each household in the UK. It added, however, that 40% of the gains went to the richest 5% of households. |
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By *andS66Couple
over a year ago
Derby |
"Something which has occurred to me about this apparent greed by the recipients of these tax avoidance schemes is the finality of it. There does appear to be some mitigation actually in that we do have a strange tax system which encourages this sort of carry on. And it's been going on for centuries.
The user of such a scheme has to make a conscious decision to deny the tax which is needed for schools, hospitals and social services. There is no middle ground, they either pay tax at 45% or avoid it completely, there is nothing in between. When I was self employed many years ago it used to advantageous to declare as little income as possible and pay corporation tax at a much lower rate on your profits. I suspect that is still the case.
In the case of these Brown's boys people who are not in any sort of PAYE system their salary is paid to a shell company and then they loan the money back, never intending to pay it back, which is defacto income but without the exposure of the way in which it's done we would have no idea.
The question is surely nobody could be so morally corrupt to do that unless they had to. There doesn't seem to be any half way house. All that seems to be happening is that an army of parasitic accountants find ways to assist what appear to be corrupt people avoid paying their share towards societies infrastructure. Would I want to live my life with a secret like that.
Not sure if I would."
Just as a point, you can't be self-employed and pay corporation tax. |
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By *andS66Couple
over a year ago
Derby |
"Sorry for the long post ....
An economics professor at a local college made a statement that he had never failed a single student before, but had recently failed an entire class. That class had insisted that Obama’s socialism worked and that no one would be poor and no one would be rich; a great equalizer.
The professor then said, “OK, we will have an experiment in this class on Obama’s plan”. All grades will be averaged and everyone will receive the same grade so no one will fail and no one will receive an A (substituting grades for dollars – something closer to home and more readily understood by all).
After the first test, the grades were averaged and everyone got a B. The students who studied hard were upset and the students who studied little were happy.
As the second test rolled around, the students who studied little had studied even less and the ones who studied hard decided they wanted a free ride too so they studied little.
The second test average was a D! No one was happy.
When the third test rolled around, the average was an F.
As the tests proceeded, the scores never increased as bickering, blame and name-calling all resulted in hard feelings and no one would study for the benefit of anyone else.
To their great surprise, all failed and the professor told them that socialism would also ultimately fail because when the reward is great, the effort to succeed is great, but when government takes all the reward away, no one will try or want to succeed.
what's any of this got to do with mass tax avoidance by the super wealthy?
You really need to ask that, where is the difference in the wealthy avoiding tax and someone sitting on their ass fraudulently claiming benefits ??
we know who the wealthy are who are avoiding paying the tax that is owed to us all via the exchequer, they've been named in the papers ... who is this person that you allege is claiming benefit fraudulently though?"
Is tax avoidance illegal? |
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"Sorry for the long post ....
An economics professor at a local college made a statement that he had never failed a single student before, but had recently failed an entire class. That class had insisted that Obama’s socialism worked and that no one would be poor and no one would be rich; a great equalizer.
The professor then said, “OK, we will have an experiment in this class on Obama’s plan”. All grades will be averaged and everyone will receive the same grade so no one will fail and no one will receive an A (substituting grades for dollars – something closer to home and more readily understood by all).
After the first test, the grades were averaged and everyone got a B. The students who studied hard were upset and the students who studied little were happy.
As the second test rolled around, the students who studied little had studied even less and the ones who studied hard decided they wanted a free ride too so they studied little.
The second test average was a D! No one was happy.
When the third test rolled around, the average was an F.
As the tests proceeded, the scores never increased as bickering, blame and name-calling all resulted in hard feelings and no one would study for the benefit of anyone else.
To their great surprise, all failed and the professor told them that socialism would also ultimately fail because when the reward is great, the effort to succeed is great, but when government takes all the reward away, no one will try or want to succeed.
what's any of this got to do with mass tax avoidance by the super wealthy?
You really need to ask that, where is the difference in the wealthy avoiding tax and someone sitting on their ass fraudulently claiming benefits ??
we know who the wealthy are who are avoiding paying the tax that is owed to us all via the exchequer, they've been named in the papers ... who is this person that you allege is claiming benefit fraudulently though?
Is tax avoidance illegal?"
Depends how clever your accountant/ lawyer is. The loopholes are there so it’s naive to think people won’t take advantage of them. |
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By *andS66Couple
over a year ago
Derby |
"So anyone that thinks Queen hasn't offshored her cash to avoid paying tax. So why has she done it then? Dont tell me she or none of the royal family didnt know where the money is going
Seems you are the only one OP!
Ouch dont like that your queen could have been hiding money away in offshore accounts eh ?
Lets just say she has how would you feel ? Would you defend her or say that shit is not on ?
Having an account overseas isn't the issue at hand. The issue at hand is whether or not the right amount of tax has been paid. For example, people who have homes abroad, often have a local account as well as a UK account.
I think people should pay the right amount of tax. As has already been mentioned, tax evasion is what's illegal, and should be dealt with as such. Tax avoidance however is when accountants outsmart HMRC. As has already been mentioned, this isn't an option that is available to most people, mainly just rich people.
The UK has one of the oldest and most stable forms of government in the world. As a result our tax legislation is extremely complicated and antiquated. I think the government should invest the money to close loopholes, investigate evasion (the conservatives slashed this part of HMRC as an austerity measure) and minimise opportunities for avoidance.
However, tax is a tricky thing. Set it too low and you don't collect enough, set it too high and you scare some people off and then another country collects their tax, not you. So as ever, you have to find that sweet spot which brings in the most to the Exchequer.
This is all fairly common sense, and I don't see how most reasonable people could disagree with what I have written."
Marriage allowance is a form of tax avoidance. Can be used by anyone that it benefits (and who qualifies for it). Is designed to benefit those couples on lower incomes.
ISAs and pension contributions are two other ways of avoiding paying tax. |
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By *andS66Couple
over a year ago
Derby |
"Sorry for the long post ....
An economics professor at a local college made a statement that he had never failed a single student before, but had recently failed an entire class. That class had insisted that Obama’s socialism worked and that no one would be poor and no one would be rich; a great equalizer.
The professor then said, “OK, we will have an experiment in this class on Obama’s plan”. All grades will be averaged and everyone will receive the same grade so no one will fail and no one will receive an A (substituting grades for dollars – something closer to home and more readily understood by all).
After the first test, the grades were averaged and everyone got a B. The students who studied hard were upset and the students who studied little were happy.
As the second test rolled around, the students who studied little had studied even less and the ones who studied hard decided they wanted a free ride too so they studied little.
The second test average was a D! No one was happy.
When the third test rolled around, the average was an F.
As the tests proceeded, the scores never increased as bickering, blame and name-calling all resulted in hard feelings and no one would study for the benefit of anyone else.
To their great surprise, all failed and the professor told them that socialism would also ultimately fail because when the reward is great, the effort to succeed is great, but when government takes all the reward away, no one will try or want to succeed.
what's any of this got to do with mass tax avoidance by the super wealthy?
You really need to ask that, where is the difference in the wealthy avoiding tax and someone sitting on their ass fraudulently claiming benefits ??
we know who the wealthy are who are avoiding paying the tax that is owed to us all via the exchequer, they've been named in the papers ... who is this person that you allege is claiming benefit fraudulently though?
Is tax avoidance illegal?
Depends how clever your accountant/ lawyer is. The loopholes are there so it’s naive to think people won’t take advantage of them. "
Tax avoidance isn't illegal though.
Tax evasion is. |
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"Sorry for the long post ....
An economics professor at a local college made a statement that he had never failed a single student before, but had recently failed an entire class. That class had insisted that Obama’s socialism worked and that no one would be poor and no one would be rich; a great equalizer.
The professor then said, “OK, we will have an experiment in this class on Obama’s plan”. All grades will be averaged and everyone will receive the same grade so no one will fail and no one will receive an A (substituting grades for dollars – something closer to home and more readily understood by all).
After the first test, the grades were averaged and everyone got a B. The students who studied hard were upset and the students who studied little were happy.
As the second test rolled around, the students who studied little had studied even less and the ones who studied hard decided they wanted a free ride too so they studied little.
The second test average was a D! No one was happy.
When the third test rolled around, the average was an F.
As the tests proceeded, the scores never increased as bickering, blame and name-calling all resulted in hard feelings and no one would study for the benefit of anyone else.
To their great surprise, all failed and the professor told them that socialism would also ultimately fail because when the reward is great, the effort to succeed is great, but when government takes all the reward away, no one will try or want to succeed.
This was a college local to Enfield was it? Seems strange he was talking about dollars instead of pounds and that you are spelling words the American rather than British way. How did you come to hear about this, were you in the class? Maybe you know the "professor"? "
You obviously didn’t get the point I was trying to make, and I won’t insult you by trying to explain. |
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"What's new....? And still as a nation we vote in the Tories (though I do wonder if the alternative will really be any different.... But we can hope I suppose).
"
Sorry to piss on your parade but apparently at least two Labour controlled councils have set up company's in Luxembourg to avoid tax on commercial property. Oops.  |
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By (user no longer on site)
over a year ago
|
"I agree it’s made up but the point I’m trying to make is that if we punish the super rich then where’s their incentive to get rich. Unfortunately we’re all different and everyone has a different work ethic, but there are to many people who think the world owes them a living. I just don’t buy into the idea that taxing the “super rich” solves all our problems. We all have our own opinions, who knows who’s right or wrong. I’ll just keep doing what’s good for me. "
there is a deep problem when people think tax is a punishment like it's some kind of jail term or something. this is the wrong/bad attitude and that attitude must be ended.
if loopholes are closed then they will no longer be exploited. loopholes like allowing money to be moved off shore without declaring it for tax. it's a carrot rather than a stick .... invest the money in the country and you get the reward (carrot) .... move the money abroad and you get taxed on it (stick) .... pretty simple concept |
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By (user no longer on site)
over a year ago
|
"I agree it’s made up but the point I’m trying to make is that if we punish the super rich then where’s their incentive to get rich. Unfortunately we’re all different and everyone has a different work ethic, but there are to many people who think the world owes them a living. I just don’t buy into the idea that taxing the “super rich” solves all our problems. We all have our own opinions, who knows who’s right or wrong. I’ll just keep doing what’s good for me.
there is a deep problem when people think tax is a punishment like it's some kind of jail term or something. this is the wrong/bad attitude and that attitude must be ended.
if loopholes are closed then they will no longer be exploited. loopholes like allowing money to be moved off shore without declaring it for tax. it's a carrot rather than a stick .... invest the money in the country and you get the reward (carrot) .... move the money abroad and you get taxed on it (stick) .... pretty simple concept"
Very simplistic and true but in a world of "I'm alright Back pull the ladder away" it will never work - sadly. |
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By (user no longer on site)
over a year ago
|
"I agree it’s made up but the point I’m trying to make is that if we punish the super rich then where’s their incentive to get rich. Unfortunately we’re all different and everyone has a different work ethic, but there are to many people who think the world owes them a living. I just don’t buy into the idea that taxing the “super rich” solves all our problems. We all have our own opinions, who knows who’s right or wrong. I’ll just keep doing what’s good for me.
there is a deep problem when people think tax is a punishment like it's some kind of jail term or something. this is the wrong/bad attitude and that attitude must be ended.
if loopholes are closed then they will no longer be exploited. loopholes like allowing money to be moved off shore without declaring it for tax. it's a carrot rather than a stick .... invest the money in the country and you get the reward (carrot) .... move the money abroad and you get taxed on it (stick) .... pretty simple concept
Very simplistic and true but in a world of "I'm alright Back pull the ladder away" it will never work - sadly."
of course it won't work ... it won't work because there are too many self absorbed types who regard the tax they pay as a punitive measure directed at them on a personal level, rather than it being a necessary vehicle to fund the construct, infrastructure and framework for a functional and coherent society |
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By *eavenNhellCouple
over a year ago
carrbrook stalybridge |
THEY are laughing at us we "plebs" who pay our taxes and struggle by whilst they pay fuck all to the up keep of our country the thatcherite trickle down capitalist myth and we have fallen for it hook line and sinker .enjoy your bmw two weeks on the algarve and paying your mortgage only to have it all taken away to pay for your care ask yourself is it worth it ? |
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