Excuses, Excuses, Excuses

Betfair trading & Punting on politics. Be aware there is a lot of off topic discussion in this group centred on Political views.
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greenmark
Posts: 5688
Joined: Mon Jan 29, 2018 2:15 pm

Archery1969 wrote:
Sun Sep 01, 2024 9:22 am
According to the Sunday Telegraph, its started....
Excellent. Byeeeeeee!!!!!
These people don't contribute. They lock their wealth into bank accounts and long term assets. What they earn stays with them. Our economy relies on money moving from person to person. This is why Truss was so very wrong. Productivity isn't the problem siphoning wealth into stagnant pools is the problem.
sionascaig
Posts: 1266
Joined: Fri Nov 20, 2015 9:38 am

Archery1969 wrote:
Sun Sep 01, 2024 9:22 am
According to the Sunday Telegraph, its started....
It started some time ago...

"Philip Green is based at a London hotel during the week, spending the weekends with his wife and their children in an apartment in Monaco.

Green assisted his wife Tina Green in the purchase of the Arcadia Group, which owns High Street chains such as Burton, Dorothy Perkins, Evans, Miss Selfridge, Outfit, Topshop/Topman and Wallis in 2002. The company was briefly owned by Green but sold to Tina Green within 24 hours, with Philip acting as CEO" for tax avoidance purposes...

For some people 1% is too much tax...

I think the Daily T was a big supporter of this tax dodger in chief...

Strangely enough there are some parallels with the privatised water companies:

- both entities extracted profit almost exactly equal to the the amount of debt they took on
- in Greens case about £1bn and water companies its in the 70bn region...
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jamesedwards
Posts: 2880
Joined: Wed Nov 21, 2018 6:16 pm

greenmark wrote:
Sun Sep 01, 2024 10:02 am
Archery1969 wrote:
Sun Sep 01, 2024 9:22 am
According to the Sunday Telegraph, its started....
Excellent. Byeeeeeee!!!!!
These people don't contribute. They lock their wealth into bank accounts and long term assets. What they earn stays with them. Our economy relies on money moving from person to person. This is why Truss was so very wrong. Productivity isn't the problem siphoning wealth into stagnant pools is the problem.
Unfortunately you are very wrong. Top earners carry an enormous tax burden and contribute the majority of income tax receipts. In the UK the top 1% make up 29% of income tax receipts, and the top 10% make up 60%. And that's before you consider the positive economic impact of any investment and spend. To lose them is a disaster.
ForFolksSake
Posts: 317
Joined: Sat May 11, 2024 2:51 pm

greenmark wrote:
Sun Sep 01, 2024 10:02 am
Archery1969 wrote:
Sun Sep 01, 2024 9:22 am
According to the Sunday Telegraph, its started....
Excellent. Byeeeeeee!!!!!
Our economy relies on money moving from person to person.
Looks like you are going to get your wish....

Labour are planning on moving the wealth from pensioners by increasing inheritance tax and hiking capital gains tax.

https://www.telegraph.co.uk/news/2024/0 ... ensioners/

Excellent. Byeeeeeee ( Pensioners Wealth )!!!!!
greenmark
Posts: 5688
Joined: Mon Jan 29, 2018 2:15 pm

jamesedwards wrote:
Sun Sep 01, 2024 10:49 am
greenmark wrote:
Sun Sep 01, 2024 10:02 am
Archery1969 wrote:
Sun Sep 01, 2024 9:22 am
According to the Sunday Telegraph, its started....
Excellent. Byeeeeeee!!!!!
These people don't contribute. They lock their wealth into bank accounts and long term assets. What they earn stays with them. Our economy relies on money moving from person to person. This is why Truss was so very wrong. Productivity isn't the problem siphoning wealth into stagnant pools is the problem.
Unfortunately you are very wrong. Top earners carry an enormous tax burden and contribute the majority of income tax receipts. In the UK the top 1% make up 29% of income tax receipts, and the top 10% make up 60%. And that's before you consider the positive economic impact of any investment and spend. To lose them is a disaster.
No. I'm right. If they don't want to pay their fair share they can fuck off! Someone will fill the vacuum. This hero worship of people that are superb at exploiting other people's skills baffles me.
The top earners do not carry an enormous burden. They pay less tax than they should.
An enormous burden is not being able to feed your kids. Or being evicted by an unscrupulous landlord.
Our society is so warped now that it will take 2 parliaments to scratch the surface of the Tory neglectful idealogical cobblers.
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jamesedwards
Posts: 2880
Joined: Wed Nov 21, 2018 6:16 pm

greenmark wrote:
Sun Sep 01, 2024 12:49 pm
jamesedwards wrote:
Sun Sep 01, 2024 10:49 am
greenmark wrote:
Sun Sep 01, 2024 10:02 am

Excellent. Byeeeeeee!!!!!
These people don't contribute. They lock their wealth into bank accounts and long term assets. What they earn stays with them. Our economy relies on money moving from person to person. This is why Truss was so very wrong. Productivity isn't the problem siphoning wealth into stagnant pools is the problem.
Unfortunately you are very wrong. Top earners carry an enormous tax burden and contribute the majority of income tax receipts. In the UK the top 1% make up 29% of income tax receipts, and the top 10% make up 60%. And that's before you consider the positive economic impact of any investment and spend. To lose them is a disaster.
No. I'm right. If they don't want to pay their fair share they can fuck off! Someone will fill the vacuum. This hero worship of people that are superb at exploiting other people's skills baffles me.
The top earners do not carry an enormous burden. They pay less tax than they should.
An enormous burden is not being able to feed your kids. Or being evicted by an unscrupulous landlord.
Our society is so warped now that it will take 2 parliaments to scratch the surface of the Tory neglectful idealogical cobblers.
Whatever their "fair share" is and whether they pay it or not; the top 1% contribute 29% of total income tax receipts. That's around £90bn per year in income tax alone that would be lost if they were all driven away.
sionascaig
Posts: 1266
Joined: Fri Nov 20, 2015 9:38 am

"Research by Patriotic Millionaires of those with investable assets of £1m found that 68% of the richest people in the country supported the introduction of wealth taxes"

==> maybe Daily T exaggerating the issue?

"Patriotic Millionaires UK, a collection of British-based members of the super-rich, said that instead of considering tax cuts the chancellor should increase taxes on the richest members of society to help fund public services for all.

“We’re not about to give up on this country. We need a wealth tax now,” another message projected in 1.8-metre (6ft) high letters read. “We want it. For a better Britain.”

The imposition of a 2% tax on those with more than £10m of assets could raise £22bn a year, or more than £420m a week, they claimed. “That could pay for the average salary cost of more than 600,000 nurses a year – more than three-quarters of the UK’s nursing workforce,” the group said.

Phil White, a former business consultant and member of Patriotic Millionaires UK, said: “The whole country knows that we need a serious injection of capital to get us back on track. We have a potential £423m a week, which is currently absent from national investment revenue, because we don’t tax extreme wealth. Surely the people in the UK deserve more? For a better Britain our government should prioritise taxing those of us who can most afford it.”"
greenmark
Posts: 5688
Joined: Mon Jan 29, 2018 2:15 pm

jamesedwards wrote:
Sun Sep 01, 2024 1:11 pm
greenmark wrote:
Sun Sep 01, 2024 12:49 pm
jamesedwards wrote:
Sun Sep 01, 2024 10:49 am


Unfortunately you are very wrong. Top earners carry an enormous tax burden and contribute the majority of income tax receipts. In the UK the top 1% make up 29% of income tax receipts, and the top 10% make up 60%. And that's before you consider the positive economic impact of any investment and spend. To lose them is a disaster.
No. I'm right. If they don't want to pay their fair share they can fuck off! Someone will fill the vacuum. This hero worship of people that are superb at exploiting other people's skills baffles me.
The top earners do not carry an enormous burden. They pay less tax than they should.
An enormous burden is not being able to feed your kids. Or being evicted by an unscrupulous landlord.
Our society is so warped now that it will take 2 parliaments to scratch the surface of the Tory neglectful idealogical cobblers.
Whatever their "fair share" is and whether they pay it or not; the top 1% contribute 29% of total income tax receipts. That's around £90bn per year in income tax alone that would be lost if they were all driven away.
I really don't care about any of that now. I've been hearing it for decades - It's absolute shit.
It's simple. You make your living here, you pay your taxes. Then you apply your immense intellect on making sure the government spend your tax well.
But that seems a bit too difficult so they go to Singapore or buy an island.

The wealthy can fuck off. We don't need them. They need us.
Emmson
Posts: 3520
Joined: Mon Feb 29, 2016 6:47 pm

In 1982 Maragret Thatcher imposed an arms embargo on Israel that lasted until 1994 because of its invasion of Lebanon

Furthermore:
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Archery1969
Posts: 4015
Joined: Thu Oct 24, 2019 8:25 am
Location: Newport

The issue about UK veterans turning their back on the PM on Remembrance Sunday is gathering pace. It’s all over social media and YouTube.

If it happens, how embarrassing will that be. Will be worldwide news.

😱
greenmark
Posts: 5688
Joined: Mon Jan 29, 2018 2:15 pm

Archery1969 wrote:
Sat Sep 07, 2024 10:42 pm
The issue about UK veterans turning their back on the PM on Remembrance Sunday is gathering pace. It’s all over social media and YouTube.

If it happens, how embarrassing will that be. Will be worldwide news.

😱
What is the isue here? Seems like social media bs. What are they complaining about?
User avatar
jamesedwards
Posts: 2880
Joined: Wed Nov 21, 2018 6:16 pm

greenmark wrote:
Sun Sep 08, 2024 2:12 pm
Archery1969 wrote:
Sat Sep 07, 2024 10:42 pm
The issue about UK veterans turning their back on the PM on Remembrance Sunday is gathering pace. It’s all over social media and YouTube.

If it happens, how embarrassing will that be. Will be worldwide news.

😱
What is the isue here? Seems like social media bs. What are they complaining about?
Guessing a combination of two tier policing and withdrawal of winter fuel allowance.
ForFolksSake
Posts: 317
Joined: Sat May 11, 2024 2:51 pm

jamesedwards wrote:
Sun Sep 08, 2024 3:14 pm
greenmark wrote:
Sun Sep 08, 2024 2:12 pm
Archery1969 wrote:
Sat Sep 07, 2024 10:42 pm
The issue about UK veterans turning their back on the PM on Remembrance Sunday is gathering pace. It’s all over social media and YouTube.

If it happens, how embarrassing will that be. Will be worldwide news.

😱
What is the isue here? Seems like social media bs. What are they complaining about?
Guessing a combination of two tier policing and withdrawal of winter fuel allowance.
Labour made a 'rod' for their own backs with that one.
By Gorden Brown giving the payment to everyone whether they needed it or not kept them in power till 2010,
Only for Liam Byrne, chief secretary to Gorden Brown. to leave a letter in 2010, saying 'there's no money left'

YCMIU :lol:
greenmark
Posts: 5688
Joined: Mon Jan 29, 2018 2:15 pm

ForFolksSake wrote:
Sun Sep 08, 2024 5:08 pm
jamesedwards wrote:
Sun Sep 08, 2024 3:14 pm
greenmark wrote:
Sun Sep 08, 2024 2:12 pm

What is the isue here? Seems like social media bs. What are they complaining about?
Guessing a combination of two tier policing and withdrawal of winter fuel allowance.
Labour made a 'rod' for their own backs with that one.
By Gorden Brown giving the payment to everyone whether they needed it or not kept them in power till 2010,
Only for Liam Byrne, chief secretary to Gorden Brown. to leave a letter in 2010, saying 'there's no money left'

YCMIU :lol:
GORDON BROWN????]

FFS FFS have you no concept of irony?
2006 was the last time we hit the target for 18 week wait for treatment.
ForFolksSake
Posts: 317
Joined: Sat May 11, 2024 2:51 pm

greenmark wrote:
Sun Sep 08, 2024 5:30 pm
ForFolksSake wrote:
Sun Sep 08, 2024 5:08 pm
jamesedwards wrote:
Sun Sep 08, 2024 3:14 pm


Guessing a combination of two tier policing and withdrawal of winter fuel allowance.
Labour made a 'rod' for their own backs with that one.
By Gorden Brown giving the payment to everyone whether they needed it or not kept them in power till 2010,
Only for Liam Byrne, chief secretary to Gorden Brown. to leave a letter in 2010, saying 'there's no money left'

YCMIU :lol:
GORDON BROWN????]

FFS FFS have you no concept of irony?
2006 was the last time we hit the target for 18 week wait for treatment.
I totally agree, both parties are a pile of 'shite' and it looks like we are in for another 27 years of even more 'shite' :lol:
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