General Election June 8th

[hilts]

Ok, I've seen this doing the rounds today. How does it, or doesn't it hold up.

My thoughts are seems heavily dependent on the fact that 2010 we were coming out of the financial crisis, and inflation would've affected it.

What are your thoughts?

It's shows that the envy crew constantly spouting on about the poor and working classes have somewhat overstated their position. Not overly surprising because that's what they do.

 

[The perfect fumble]

google Lynton conservative.

That Sir Lynton Keith Crosby AO (Order of Australia)

 

[vonkeynotvenky]

BBC one now, let's hope the audience isn't the rabble that jeered the last time they were on.

 

[kevin horlocks wand]

BBC one now, let's hope the audience isn't the rabble that jeered the last time they were on.

We are off!!!!

Left wing plants

 

[urban genie]

Here we go again , 45 mins of bluster with no real answers.

Expect someone to claim a bias audience ny 9:45.

I don't know.if I can be arsed with another one of these.

 

[Blue Mooner]

But it's not complete nonsense as there is no accurate way of predicting the impact of raising tax rates on actual receipts. So for example, the receipts from corporation tax increased markedly in 2016-17 compared to the previous year, in defiance of the Treasury's own forecasts. There are numerous reasons why that should be so but one is, as I said earlier, that companies are hoarding cash rather than investing it (they invested 2% less in the same fiscal year) thereby increasing profits.

If you invest the cash in your balance sheet, costs will almost certainly go up in the short to medium term until the returns from that investment feed through to revenue.

But you're ignoring the fact that a higher corporation tax rate will affect inward investment, which will consequently negatively impact growth.

You're right to say that it's very difficult to predict corporation tax rates accurately which is exactly what makes a nonsense of the Labour government claiming they can fund everything and anything from corporation tax increases!

 

[vonkeynotvenky]

Mrs May looking particularly fetching in her red skirt which is a good start.

 

[vonkeynotvenky]

We are off!!!!

Left wing plants

The first question was loaded and she fended it off brilliantly, I don't know if she's telling the truth but impressive.

 

[Machiavelli]

At least she's clear.

 

[kevin horlocks wand]

Mrs May looking particularly fetching in her red skirt which is a good start.

Her posture seems better.