Who Wants Boris Back?

[Newchodge]

Boris is not standing. It'll be Rishi.

To quote a much-hated former Tory Prime Minister. Rejoice, rejoice.

 

[japancool]

Immigrants to which country? Those Britains who are lucky enough to migrate to the EU, I suppose?

Those migrating to Britain.

As for Britons wanting to migrate to the EU, if you have skills, you'll still be able to do it - like they do to a lot of other countries. Trust me, I've seen a lot of immigrant Britons in many countries.

 

[apricot]

Sorry, I'm a bit lost, what's an EI member?

I am lost with that sentence too.. It's totally my translation tool played around.. He said Turkey would join EU to scare people off and get more Brexit voters! Turkey will never join EU, even Turks laughed at that but he actually made people believe in that!

 

[apricot]

To quote a much-hated former Tory Prime Minister. Rejoice, rejoice.

Who do you recommend?

 

[Newchodge]

Who do you recommend?

Jeremy Corbyn.

 

[Onthebrightside]

I am lost with that sentence too.. It's totally my translation tool played around.. He said Turkey would join EU to scare people off and get more Brexit voters! Turkey will never join EU, even Turks laughed at that but he actually made people believe in that!

OK, got it. Thank you.

 

[MOIC]

Who Wants Boris Back?​

All irrelevant for the time bieng . . . .

He's bowed out.

 

[Ian J]

People without homes and without enough money to eat will not produce another generation

Unfortunately that isn't true as it's the poorer section of society that seem to breed the most

 

[Ian J]

Jeremy Corbyn.

You must be joking as only the brain dead would vote for that terrorist sympathiser

 

[Bob Morgan]

Unfortunately that isn't true as it's the poorer section of society that seem to breed the most

How very true - One never hears of an 'Unmarried Countess' with children.

 

[Bob Morgan]

Michael Fabricant - For the 'Boris Hair!'

 

[simon field]

Unfortunately that isn't true as it's the poorer section of society that seem to breed the most

That’s true in my experience as well. More kids = bigger house = more taxpayers money.

 

[Clodbuster]

Jeremy Corbyn.

Vlad the Invader you mean.

 

[Bob Morgan]

Vlad the Invader you mean.

Saddam Zahawi?

 

[Lucan Unlordly]

Listening to LBC radio all day on Sunday and every caller wanted 'something'. A greater focus on jobs for minority groups, help with heating, child care, schools, medication, education, hospital treatment, housing, better roads, infrastructure etc., etc., Not a single person had an ounce of consideration as to how these things would be paid for...

 

[Bob Morgan]

Listening to LBC radio all day on Sunday

That could be a symptom of something serious

 

[MBE2017]

Not a single person had an ounce of consideration as to how these things would be paid for...

Why would they? Even our Politicians have the same attitude.

 

[simon field]

Why would they? Even our Politicians have the same attitude.

‘The rich should pay more!’ they cry.

Trouble is, the rich already do pay more in a percentage-based tax system…

 

[Newchodge]

‘The rich should pay more!’ they cry.

Trouble is, the rich already do pay more in a percentage-based tax system…

Only those on PAYE.

 

[japancool]

‘The rich should pay more!’ they cry.

Trouble is, the rich already do pay more in a percentage-based tax system…

Depends how you look at it.

As Warren Buffet pointed out, he pays less in percentage terms than his secretary does.

 

[simon field]

Only those on PAYE.

And those who take large dividends.

And those who make high value purchases (via VAT).

And those who run businesses employing people (via NI).

And those who inherit (via inheritance tax)

Just a few there!

 

[MBE2017]

The middle class and rich will bear the brunt of tax increases, few poor have any real disposable income worth taking anymore.

 

[japancool]

And those who take large dividends.

Unless said dividend is being paid into a holding company in the Virgin Islands.

And those who make high value purchases (via VAT).

Unless the purchase is being made by an offshore company in the Virgin Islands.

And so on...

 

[Newchodge]

And those who take large dividends.

And those who make high value purchases (via VAT).

And those who run businesses employing people (via NI).

And those who inherit (via inheritance tax)

Just a few there!

Unless of course they have found tax avoidance schemes which mean they don't pay tax on those things. How much inheritance tax dod the Duke of Westminster pay? Inherited nearly £10 billion, paid no inheritance tax. https://www.linkedin.com/pulse/how-britains-richest-duke-saved-4-billion-inheritance-neil-da-costa

Only the rich can afford the specialist tax advice that allows them to avoid paying the tax that everyone else has to pay.

 

[The Byre]

And those who take large dividends.
And those who make high value purchases (via VAT).
And those who run businesses employing people (via NI).
And those who inherit (via inheritance tax)

All of which are completely (and very easily) avoidable.

The UK is just one giant tax haven for the rich.

• Put your money into forestry, farmland, or just convert it to gold coins issued by the Royal Mint and inheritance tax goes away.
• VAT on what exactly? If your country estate is owned by a foreign company via a UK company, you don't even pay stamp duty, never mind VAT on purchases for the house and grounds!
• Dividends on profit - I can't think of a tax more easily avoidable. We'll start with licensing fees for IP payable to an off-shore company. Or how about the good old Dutch sandwich?
• So that just leaves the modest sum of NI and payroll taxes for direct employees. Lots of ways to avoid that!

Rich people come here from Scandanavia, Russia, the Middle East and America to buy large country estates for very good reasons - and it sure ain't the sunny climate or the breathtaking scenery!

 

[Lucan Unlordly]

That could be a symptom of something serious

Working on my own on a Sunday. Yes it was serious

Why would they? Even our Politicians have the same attitude.

So how do you change that mindset? I feel pretty sure that most people would pay more tax if it were to be directly spent on the things that matter to them most. Tapping into the 'I want' psyche.
I'd happily pay extra Road Tax if it meant less potholes, happily pay more tax if it was going to the health service.

‘The rich should pay more!’ they cry.

Trouble is, the rich already do pay more in a percentage-based tax system…

But do they pay enough?

 

[Lucan Unlordly]

The middle class and rich will bear the brunt of tax increases, few poor have any real disposable income worth taking anymore.

Bearing the brunt is usually associated with something unpleasant. Perhaps we need to move away from the belief that writing off £10 once a year to support Red Nose Day has any real impact on the bigger picture?

 

[simon field]

Unless said dividend is being paid into a holding company in the Virgin Islands.



Unless the purchase is being made by an offshore company in the Virgin Islands.

And so on...

How many small business owners utilise those arrangements?

 

[simon field]

Ok, so whose tax system allows all these ‘ways out’?

Surely not the good old UK’s?

 

[Newchodge]

How many small business owners utilise those arrangements?

How many small business owners are 'the rich' who are expected to pay more?

 

[japancool]

How many small business owners utilise those arrangements?

How many small business owners count amongst the "rich"?

 

[simon field]

How many small business owners count amongst the "rich"?

In the top 10% of earners for instance? Most of them I’d say.

 

[simon field]

Having just done the IFS test, I’m in the top 4% of earners, for instance.

 

[simon field]

How many small business owners are 'the rich' who are expected to pay more?

I still don’t understand this. Who is ‘the rich’, and compared to what?

 

[Newchodge]

I still don’t understand this. Who is ‘the rich’, and compared to what?

I have no idea. It was your comment:

‘The rich should pay more!’ they cry.

 

[Newchodge]

Rishi Sunak is new PM

 

[japancool]

In the top 10% of earners for instance? Most of them I’d say.

Most of them? I suspect not.

 

[japancool]

Rishi Sunak is new PM

Well, he will be when he sees the King.

 

[Newchodge]

Having just done the IFS test, I’m in the top 4% of earners, for instance.

Do you know what 'earners' means in that context?

 

[simon field]

Most of them? I suspect not.

I’m confident that you’re also in the top few percent of earners in the UK. Would you like to pay more tax, or do you consider that you’re already taxed pretty heavily on just about every transaction you make? I mean, if you or I tried to charge tax on tax (vat on fuel duty) we’d be locked up!