Did I really put.. Only joking🤔

comment by Dave NotSo (U11711)
posted about 2 hours ago
comment by baz ta’rd (U19119)
posted 42 minutes ago
comment by Dave NotSo (U11711)
posted 2 minutes ago
Baz, he actually started at $25 billion first, then dropped down to 5.7.

It's totally bizarre. He also seems to be terrified of Ann Coulter too. First female president (by proxy) hehehe
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Yeah, she’s a facking nut job. I read somewhere all the women in his life have always been mollified types who are very placid, and he has no idea how to handle strong intelligent women (not that coulter is).
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There's a lot of merit in those observations.

I dislike pretty much everything Coulter says, but I do think she's a very strong woman and also quite smart. Sadly she uses these traits for largely financial gain though. She's made a reputation for being an incendiary antagonist and she does it really well.
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See Nancy Pelosi.

He batters Schumer but reels it in with Nancy.

https://www.bbc.co.uk/news/world-us-canada-47258754

He had to.

By the time it gets through all the hearings and legal manoeuvres it'll be election time.

comment by Dave NotSo (U11711)
posted 3 days, 17 hours ago
comment by Passion Power - ¯\_(ツ)_/¯ (U8398)
posted about 11 hours ago
comment by Dave NotSo (U11711)
posted 2 hours, 46 minutes ago
comment by Passion Power - ¯\_(ツ)_/¯ (U8398)
posted 1 hour, 20 minutes ago
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This is the issue, I'm a business owner myself trying to make it on my own, I've never claimed benefit, I lived totally off my savings and money earned.

I've sacrificed going on holidays, eating in nice restaurants, sometimes I only have £10 to last me 2 weeks.

If I were ever taxed that much, I would definitely leave the US.
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So you live in a low tax environment and sometimes live off £5 a week.

But if you earned approximately $96,000 A WEEK after paying a marginal tax rate of 70% without any deductions then you'd flee the country back to a place where you sometimes have just £5.

That is what you're saying, no?

I don't want to cast aspersions, please can you explain to me this rationale. I simply do not understand.
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I don't get your question.
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You said you sometimes have just 10 a fortnight, £5 a week, running a business in a country where there are low tax rates.

You said if you were ever earning over $10,000,000 a year, about $100,000 AFTER TAX A WEEK, you'd leave.

Why would you leave a country where you were earning 20,000 times as much money to go to a place where you earn just £5 a week?
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because it's irrelevant the location, the point is if I were to get to the point where my business grew to be earning that much I wouldn't want to pay that much in tax considering the sacrifices I went through in the early years.

But then again, I doubt I would pay myself that much anyway I would just reinvest it in other businesses or give to charities etc.

The whole tax issue is a significant reason why people are moving out of California to live in Texas. Some corporations are moving operations out of NYC to Salt Lake City due to favorable costs and lower corporate tax rates.

Hell, we even use the Texas tax arguments to entice athletes to come here. It's worked a couple times already.

Also.. what in the blue hell regarding Jussie Smollett's incident...

it's one of the craziest news stories in recent times which is saying something! And a perfect example of why the 'victims must be believed' narrative is dangerous.

There's some great memes coming out of this though

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honda pull out of UK, 1000s of jobs gone

i fear this is just the start

airbus broughton are a big employer of skilled jobs with decent ££ around my parts...i wonder how they'll fare in the next few years

comment by 8bit (U2653)
posted 19 hours, 38 minutes ago
it's one of the craziest news stories in recent times which is saying something! And a perfect example of why the 'victims must be believed' narrative is dangerous.
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The more different parts to it you hear the crazier it gets so many claims about how he was connected in different ways

comment by Dave NotSo (U11711)
posted 10 hours, 16 minutes ago
comment by Passion Power - ¯\_(ツ)_/¯ (U8398)
posted a day ago

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You said you sometimes have just 10 a fortnight, £5 a week, running a business in a country where there are low tax rates.

You said if you were ever earning over $10,000,000 a year, about $100,000 AFTER TAX A WEEK, you'd leave.

Why would you leave a country where you were earning 20,000 times as much money to go to a place where you earn just £5 a week?
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because it's irrelevant the location, the point is if I were to get to the point where my business grew to be earning that much I wouldn't want to pay that much in tax considering the sacrifices I went through in the early years.

But then again, I doubt I would pay myself that much anyway I would just reinvest it in other businesses or give to charities etc.
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PP,

If course the location is important. You brought it up first to make a point about high taxes predicated on an absurd logical fallacy.

Your argument is based on two locations with varying tax rates. You'd rather run a business where you make almost no money than run a multi-million dollar business in a location that has a high marginal tax rate.

If you make your money in a high marginal tax rate location then you have DIRECTLY benefitted from other mega-successful folk who HAVE paid high marginal taxes.

This point harks back to what Rosso, Scruttocks, Admin (to a lesser extent) and I said repeatedly about how America had marginal taxes of OVER 90% for more than 35 years 1945-1981. People became mega-successful in the US off the backs of many others that created the wealthiest country in the entire world.

Furthermore, hard work and "sacrifices" do not equate to success and wealth. Correlation does not imply causation.

Just because you have/are making sacrifices now when you're poor, does not mean you will be successful in future, nor does it absolve your tax obligations, which is another basic logical fallacy, to be honest with you. Most people the world over work hard and or make sacrifices. Almost all of humanity in all of human history have not been SO wealthy that they'd qualify to pay high marginal tax rates if their entire life earnings were compounded. Reducing hard work to the causative factor in achieving wealth is naive at best.

I'll give you one simplified example: Starbucks. It's a multi-billion dollar business. By volume, what we buy most from Starbucks is water from a tap. That water is provided to Starbucks stores all over the US and most of the world by publicly funded infrastructure. Their entire business model wholly relies on infrastructure that myself and previous generations have paid for through taxes and REAL hard work to create.

Try and imagine how many Starbucks or Costa coffee stores you'd see (I once came across three on ONE intersection in Osaka, Japan!!!) If every single one had to dig their own bore or receive and store their entire daily water supply?

Their entire business model goes out the window. The CBA and ROI wouldn't look so pretty, if exist at all.

Admin is right, almost every wealthy person got there through some form of government support, in addition to their hard work (if at all). In fact EVERY SINGLE PERSON benefits from government support in many ways.

Guess how governments primarily support us? Tax.

Oliver Wendell Holmes, a Republican, a war veteran, a Supreme Court Justice and Chief Justice of America famously said:

"Taxes are the price we pay for a civilized society".

PP, you've said if you ever earned ten+ million a year that you'd rather give it to charity. Think for a minute, what do our governments fundamentally attempt to do with our money? Help us, and others abroad, have better lives through education, health, public services, local and national infrastructure, social security, law enforcement, ambulance services, fire services, and a raft of other endeavours.

If you truly want to help others like you claims you would, then you should cherish paying taxes.

"Taxes are the price we pay for a civilized society".

Here's another little series of facts for you and other folk who want low taxes on here to ponder...

Amazon made something like $11,200,000,000 PROFIT in the USA last year.

They paid $0 federal income tax, AND they claimed $129,000,000 in tax rebates. They paid NEGATIVE tax.

Now, after massive tax cuts by Trump worth trillions in national debt, some of the average Joe's in the US just paid more in tax due to greater cancellation of deductions than actual tax cuts.

8% decrease in tax refunds and 24% fewer refunds (which mean many actually paying an extra tax levy) this financial year so far...

A civilised society?






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Texas.....he meant Texas is the price we pay for a civiized society👍😄

comment by Sir Digby (U6039)
posted 7 hours, 21 minutes ago
comment by 8bit (U2653)
posted 19 hours, 38 minutes ago
it's one of the craziest news stories in recent times which is saying something! And a perfect example of why the 'victims must be believed' narrative is dangerous.
----------------------------------------------------------------------

The more different parts to it you hear the crazier it gets so many claims about how he was connected in different ways

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Can't trust actors, they're professional fakers. Even off set I always feel most of them are still performing.

The Independent Group want to create a new politics but they're all traditional career politicians who to me represent old school politics that most of the country is fed up with.

Bernie Sanders running for president again, him vs Trump would be interesting, I think he'd have a very good chance of winning.

comment by 8bit (U2653)
posted 38 seconds ago
Bernie Sanders running for president again, him vs Trump would be interesting, I think he'd have a very good chance of winning.
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He is old but, it shouldn't be an issue. Brand Bernie is already established, so a lot of ground work was done last election.

The most difficult thing for Trump is that he's no longer an outsider and his campaign was all about railing against Washington and a corrupt system which he can't really do this time. An outsider like Bernie with radical ideas and a lot of positive energy behind him is the best choice to challenge him imo. I don't think a centrist will have any chance.

Bernie got to link up with yellow vest type populism in rust belt uniting left and right.

Some Bernie voters backed Trump over Hilary as she was so bad.

Bernie is socialist and not democrat whilst Trump is not republican.

Odd set up.

Bad feeling that if trump doesn’t get impeached, he’ll find a way to win 2020. People are stupid enough to believe his lies, I do wonder about the average iq of American voters these days...

Someone please just try to defend these disgusting chancers https://www.theguardian.com/world/2019/feb/21/delay-to-tax-havens-public-registers-risks-national-security

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Comment deleted by Site Moderator

comment by Dave NotSo (U11711)
posted 12 minutes ago
Scruttocks, I've actually got the PERFECT 8 minute interview for you in response to the article you linked.

Everyone who reads this thread should also watch it.

https://youtu.be/6_nFI2Zb7qE

"Well, have you heard of the internet?"




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Yes already seen that. I was gonna post a link but wanted someone to defend our Governments approach to Tax abuse first

comment by Scruttocks (U19684)
posted 5 hours, 25 minutes ago
Someone please just try to defend these disgusting chancers https://www.theguardian.com/world/2019/feb/21/delay-to-tax-havens-public-registers-risks-national-security
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If they don't delay it how will the teams of tax lawyers looking for loopholes get alternative systems in place in time?