Rishi Sunak

I think charisma is a much-overrated aspect of politicians. Blair had it. So did Johnson. So did Hitler. What it amounts to is 'they appeal to the mob'. That is not a good thing. Once politics starts being run on emotions, appeals to abstract things like 'patriotism', you are basically fucked.

What I require first and last in a PM is competence, plus a certain gravitas so the country does not look stupid on the international stage. I also want them driven by pragmatism and economic reality.

Sunak does not fit this profile perfectly, but he is a better fit than any practising Tory politician that comes to mind.

Starmer is untested, but I suspect he fits the profile even more closely.

Fuck charisma, give me effectiveness.
 
She was not paying a penny on income derived outside the U.K. (as long as it wasn’t remitted into the U.K.) and he was absolutely right to defend it.

As an advisor to both Doms and non-Doms, it’s an absolute non-issue. She isn’t U.K. domiciled and won’t be considered deemed domicile until at least 2028/29.

Rishi raising taxes for U.K. taxpayers is exactly what Labour would also do and is a result of the massive policies to stop people going to the wall during covid, at some point people have to realise that money needs paying back.

Rishi’s wife also doesn’t “not pay a penny” in U.K. tax. She pays full U.K. tax on all U.K. derived income and pays an additional £30,000 pa in non-Dom remittance tax.

As an example, Pep is a non-Dom. He pays only U.K. tax on U.K. derived income. If he earns money in Abu Dhabi then he will pay tax on that income in Spain. Same with any non-U.K. domiciled person currently living in the U.K. It’s not some weird loop hole only used by shady business people or politicians. It’s a fundamental rule which avoids double taxation of individuals who live in places different to their ‘forever homes’.

Main issue for me was the covid loans she took, if you have aspirations of becoming PM one day surely you wouldn't have given your wife tax payers money and then wrote it off.
 
She was not paying a penny on income derived outside the U.K. (as long as it wasn’t remitted into the U.K.) and he was absolutely right to defend it.

As an advisor to both Doms and non-Doms, it’s an absolute non-issue. She isn’t U.K. domiciled and won’t be considered deemed domicile until at least 2028/29.

Rishi raising taxes for U.K. taxpayers is exactly what Labour would also do and is a result of the massive policies to stop people going to the wall during covid, at some point people have to realise that money needs paying back.

Rishi’s wife also doesn’t “not pay a penny” in U.K. tax. She pays full U.K. tax on all U.K. derived income and pays an additional £30,000 pa in non-Dom remittance tax.

As an example, Pep is a non-Dom. He pays only U.K. tax on U.K. derived income. If he earns money in Abu Dhabi then he will pay tax on that income in Spain. Same with any non-U.K. domiciled person currently living in the U.K. It’s not some weird loop hole only used by shady business people or politicians. It’s a fundamental rule which avoids double taxation of individuals who live in places different to their ‘forever homes’.

It‘s irrelevant. You cannot be Chancellor, raise taxes and then act affronted when people ask why your wife is exempt or subject to different rules. It simply does not play well with people. That Sunak did not understand the politics of this is bizarre.

At no point can a Chancellor (or PM) say things like ‘we are all in this together‘ and ‘we must all sacrifice for the common good‘ when said Chancellor or his wife is treated differently. You might as well have Sunak’s wife demanding ‘can they not eat cake?’.

It‘s this sort of thing that starts revolutions.
 
If Pep’s wife lived over here for 26 weeks a year, would she be an economic migrant?

Not relevant. Don't care. Unlike Pep, Rishi is domiciled not an economic migrant, she hasn't moved here to pursue economic interests, she moved here or continues to live here because her husband's career is tied to living in the UK.
 
Not relevant. Don't care. Unlike Pep, Rishi is domiciled not an economic migrant, she hasn't moved here to pursue economic interests, she moved here or continues to live here because her husband's career is tied to living in the UK.
So a bit like a Rishi’s wife then? Or are you convinced she’d live in the U.K. even if she wasn’t married to him?
 
Pep is an economic migrant, Rishi's wife is not.
That’s absolute bullshit and has zero relevance to what she should or should not be paying in tax. She owns and runs Catamaran Ventures as well as several other companies in the U.K. (and pays tax on all income produced by those companies).

How would you suggest she isn’t an economic migrant given the fact she lives in the U.K. and runs a great many companies in the U.K.? How is that different to Pep?
 
We’ve tried having a prime minister with nothing but charisma. It didn’t work out too well.

We replaced him with a prototypal political bot. That didn’t work out too well either.

Now we have another prime minister who looked dead behind the eyes whilst delivering his coronation speech yesterday. He also has the charisma of a marrow.

Opinions, hey?
They’re all sub-standard that’s for sure… I’d love there to be a credible opposition party.. it might have stopped us getting to this point..
 
She was not paying a penny on income derived outside the U.K. (as long as it wasn’t remitted into the U.K.) and he was absolutely right to defend it.

As an advisor to both Doms and non-Doms, it’s an absolute non-issue. She isn’t U.K. domiciled and won’t be considered deemed domicile until at least 2028/29.

Rishi raising taxes for U.K. taxpayers is exactly what Labour would also do and is a result of the massive policies to stop people going to the wall during covid, at some point people have to realise that money needs paying back.

Rishi’s wife also doesn’t “not pay a penny” in U.K. tax. She pays full U.K. tax on all U.K. derived income and pays an additional £30,000 pa in non-Dom remittance tax.

As an example, Pep is a non-Dom. He pays only U.K. tax on U.K. derived income. If he earns money in Abu Dhabi then he will pay tax on that income in Spain. Same with any non-U.K. domiciled person currently living in the U.K. It’s not some weird loop hole only used by shady business people or politicians. It’s a fundamental rule which avoids double taxation of individuals who live in places different to their ‘forever homes’.
There are plenty of things that are strictly legal, but which politically don't look good.

While Sunak was Chancellor, the second most senior politician in the country, his wife was claiming her permanent home was in India, and they also held Green Cards, a condition of which is that the US is your permanent home. That smacks of playing the system to keep your options open and your taxes down.

I think so long as voters are aware, and have the chance to decide at an election whether it's ok, then that's Sunak's choice. I do expect him to be challenged on it, however, and think that it's a legitimate question to ask a Prime Minister.
 
It‘s irrelevant. You cannot be Chancellor, raise taxes and then act affronted when people ask why your wife is exempt or subject to different rules. It simply does not play well with people. That Sunak did not understand the politics of this is bizarre.

At no point can a Chancellor (or PM) say things like ‘we are all in this together‘ and ‘we must all sacrifice for the common good‘ when said Chancellor or his wife is treated differently. You might as well have Sunak’s wife demanding ‘can they not eat cake?’.

It‘s this sort of thing that starts revolutions.
Again you’re failing to grasp the important fact. SHE DOES play by the same rules. She is a U.K. taxpayer on all of her U.K. earnings which is probably considerably more than you and I put together and then increase that number by ten. As a U.K. taxpayer, she is subject to exactly the same tax regimes as anyone else on their U.K. income.

People get upset about this subject for the simple reason that they don’t understand it. We’ve already had people in this thread state she doesn’t pay a penny in tax when it’s likely she’s already paid more than many of us will pay in a lifetime (rightly so as her U.K. income is huge) but “non-Dom” isn’t some vague loophole. It’s a legal definition and only stops her paying tax on foreign income. (That’s ignoring the fact she’s since decided to pay U.K. tax on that income - which is stupid in my opinion but is obviously to stop these arguments made by people that don’t understand relatively simple tax rules)
 
There are plenty of things that are strictly legal, but which politically don't look good.

While Sunak was Chancellor, the second most senior politician in the country, his wife was claiming her permanent home was in India, and they also held Green Cards, a condition of which is that the US is your permanent home. That smacks of playing the system to keep your options open and your taxes down.

I think so long as voters are aware, and have the chance to decide at an election whether it's ok, then that's Sunak's choice. I do expect him to be challenged on it, however, and think that it's a legitimate question to ask a Prime Minister.
Domicile is one’s forever home and is inherited from one’s father as I’ve already stated. It is incredibly difficult to change one’s domicile.

A US Greencard holder must pay US tax on worldwide earnings. It does anything other than reduce one’s personal tax burden. The U.K. and US also has a double taxation agreement where tax isn’t paid on the same earnings in two jurisdictions but that’s by the by.

I’m going to try my best and dip out of this conversation now as I’m not charging any of you for this and I’m feeling shortchanged having to discuss this rather dull subject without then sending an invoice. :-)
 
That’s absolute bullshit and has zero relevance to what she should or should not be paying in tax. She owns and runs Catamaran Ventures as well as several other companies in the U.K. (and pays tax on all income produced by those companies).

How would you suggest she isn’t an economic migrant given the fact she lives in the U.K. and runs a great many companies in the U.K.? How is that different to Pep?

Because she lives in the UK because her husband lives in the UK, she could run those companies from overseas or appoint someone based in the UK instead.

It’s not at all like Pep.
 

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