Recession what recession?

[SWP's back]

Rascal, i've never understood people with your views. Why should the rich pay higher tax than me and you?

Fairness i suppose.

If they didnt you would have to pay more. Everyone bar the 1% would.

But the way i see it, you are punishing those who are talented and have worked hard. If i was to start my own business and work my bollocks off to make it successful, i wouldn't think twice at trying to pay as less tax as possible even if that included off shore accounts. I'm not working hard to pay half of what i earn back to fund others. That's my view anyway.

Off shore accounts won't work for you as you are still a UK resident and have to pay the tax due on remittance.

If you do make it, pm me and we'll sort something out.

 

[Rascal]

I agree about tax havens, they are a pain in the arse, however it does not negate the point that the top rate of tax being at 45% from 50% will not make a blind bit of difference to these people and their kids so trying to crowbar it in along with a dog about the emotive subjects of cancer and benefits was a little below your usual standards.

Its the truth though, wether you think its emotive or not.

If the cut would make no difference to the rich, why cut it at all? If as many believe deficit reduction is the single most important issue that affects us as a nation, shouldnt everyone pay there bit, or should the rich be exempt from pain?

 

[WNRH]

Simply because they can afford to.

So should we save Pompey?

 

[Anonymous]

I'm sure the kids that are dying of starvation every day while these ***** blow £100k on lunch, don't give a shit if you think they're jealous.

Do you have a season ticket at City? £500
Do you have a PC or laptop? £500

How many food packages could that buy starving kids? Don't you feel ashamed spending money on something you don't really need whilst some 6 year old on the other side of the world hasn't eaten for 4 days?

What's the difference?

-- Sat Sep 22, 2012 6:21 pm --

Which is 15% lower than that what Thatcher taxed the very rich at. And 35% lower than the tax rate on the rich when America experienced its best growth figures.

As for Tax Havens they are a blight on the world, there existence means that you SWPB pay more tax than you should have too.

Rascal, i've never understood people with your views. Why should the rich pay higher tax than me and you?

Simply because they can afford to.

Utter Bollocks !!

 

[WNRH]

Fairness i suppose.

If they didnt you would have to pay more. Everyone bar the 1% would.

But the way i see it, you are punishing those who are talented and have worked hard. If i was to start my own business and work my bollocks off to make it successful, i wouldn't think twice at trying to pay as less tax as possible even if that included off shore accounts. I'm not working hard to pay half of what i earn back to fund others. That's my view anyway.

Off shore accounts won't work for you as you are still a UK resident and have to pay the tax due on remittance.

If you do make it, pm me and we'll sort something out.

As you can tell i have no clue in how it all works, but once i turn over 7 figures in a year i'll start the ball rolling with a cheeky PM ;-)

 

[SWP's back]

I agree about tax havens, they are a pain in the arse, however it does not negate the point that the top rate of tax being at 45% from 50% will not make a blind bit of difference to these people and their kids so trying to crowbar it in along with a dog about the emotive subjects of cancer and benefits was a little below your usual standards.

Its the truth though, wether you think its emotive or not.

If the cut would make no difference to the rich, why cut it at all? If as many believe deficit reduction is the single most important issue that affects us as a nation, shouldnt everyone pay there bit, or should the rich be exempt from pain?

Fucks sake Russ keep up.

It would make no difference to the super rich that can splash £150k on a night out as they are not the ones it affects, also very few posting on this instagram stuff are UK born and resident.

 

[Rascal]

Rascal, i've never understood people with your views. Why should the rich pay higher tax than me and you?

Fairness i suppose.

If they didnt you would have to pay more. Everyone bar the 1% would.

But the way i see it, you are punishing those who are talented and have worked hard. If i was to start my own business and work my bollocks off to make it successful, i wouldn't think twice at trying to pay as less tax as possible even if that included off shore accounts. I'm not working hard to pay half of what i earn back to fund others. That's my view anyway.

The nation has a stake in supporting those talented people as many will have been schooled for free, enjoyed free healthcare, recieved child benefits etc etc. Its only fair that the nation should also share in the wealth of those who can afford to pay a little more.

If we lived in a neo-liberal utopia where everything had to be paid for from birth the merits of equal taxation for all would hold more credence.

 

[WNRH]

Fairness i suppose.

If they didnt you would have to pay more. Everyone bar the 1% would.

But the way i see it, you are punishing those who are talented and have worked hard. If i was to start my own business and work my bollocks off to make it successful, i wouldn't think twice at trying to pay as less tax as possible even if that included off shore accounts. I'm not working hard to pay half of what i earn back to fund others. That's my view anyway.

The nation has a stake in supporting those talented people as many will have been schooled for free, enjoyed free healthcare, recieved child benefits etc etc. Its only fair that the nation should also share in the wealth of those who can afford to pay a little more.

If we lived in a neo-liberal utopia where everything had to be paid for from birth the merits of equal taxation for all would hold more credence.

Do you think we should save Pompey then?

 

[Rascal]

I agree about tax havens, they are a pain in the arse, however it does not negate the point that the top rate of tax being at 45% from 50% will not make a blind bit of difference to these people and their kids so trying to crowbar it in along with a dog about the emotive subjects of cancer and benefits was a little below your usual standards.

Its the truth though, wether you think its emotive or not.

If the cut would make no difference to the rich, why cut it at all? If as many believe deficit reduction is the single most important issue that affects us as a nation, shouldnt everyone pay there bit, or should the rich be exempt from pain?

Fucks sake Russ keep up.

It would make no difference to the super rich that can splash £150k on a night out as they are not the ones it affects, also very few posting on this instagram stuff are UK born and resident.

Its people in general i was talking about not just those in the OP. I know you get a little excitible at times so take some deep breaths :)

But the point remains if it makes no difference to the super rich, why bother cutting the tax a all? Why not increase taxes on the super rich and we pay the deficit off quicker :)

 

[Ragnarok]

Simply because they can afford to.

So should we save Pompey?

Obviously that was not how i meant it. The government charges higher taxes on the rich because they can afford to pay it and will not cause a mass uprising and topple the government. This is my personal opinion - that most governments tax as much as possible without breaking the "barrier".

 

[didactic]

I agree about tax havens, they are a pain in the arse, however it does not negate the point that the top rate of tax being at 45% from 50% will not make a blind bit of difference to these people and their kids so trying to crowbar it in along with a dog about the emotive subjects of cancer and benefits was a little below your usual standards.

Its the truth though, wether you think its emotive or not.

If the cut would make no difference to the rich, why cut it at all? If as many believe deficit reduction is the single most important issue that affects us as a nation, shouldnt everyone pay there bit, or should the rich be exempt from pain?

Fucks sake Russ keep up.

It would make no difference to the super rich that can splash £150k on a night out as they are not the ones it affects, also very few posting on this instagram stuff are UK born and resident.

Many live here Hype Park, Chelsea, Kensington they just have it in a way that they do not live here long enough to be considered residents. They are Brits too with British passports but they are only here for a few months a year enough so that they do not pay resident taxes.

I think I mentioned it before but my friend was one of three live in nannies for this man. http://www.forbes.com/profile/louis-bacon/
He is American but is based here for a few months a year has his estate and then off to his Island and back to the States and its the same way the British wealthy do it.

Also I can tell you this the rich lists that are published in the times and that are laughable. According to Louis the really rich would never ever disclose themselves so publically. Those people on those lists are not the richest people in Britain. They are just the ones who enjoy publicity.

 

[Rascal]

But the way i see it, you are punishing those who are talented and have worked hard. If i was to start my own business and work my bollocks off to make it successful, i wouldn't think twice at trying to pay as less tax as possible even if that included off shore accounts. I'm not working hard to pay half of what i earn back to fund others. That's my view anyway.

The nation has a stake in supporting those talented people as many will have been schooled for free, enjoyed free healthcare, recieved child benefits etc etc. Its only fair that the nation should also share in the wealth of those who can afford to pay a little more.

If we lived in a neo-liberal utopia where everything had to be paid for from birth the merits of equal taxation for all would hold more credence.

Do you think we should save Pompey then?

I think all football clubs should be saved because of there importance to there communities. Its hard to put a monetary value on something that creates such emotion i know.

 

[WNRH]

The nation has a stake in supporting those talented people as many will have been schooled for free, enjoyed free healthcare, recieved child benefits etc etc. Its only fair that the nation should also share in the wealth of those who can afford to pay a little more.

If we lived in a neo-liberal utopia where everything had to be paid for from birth the merits of equal taxation for all would hold more credence.

Do you think we should save Pompey then?

I think all football clubs should be saved because of there importance to there communities. Its hard to put a monetary value on something that creates such emotion i know.

We (MCFC) could save Pompey with a day's interest of our owners wealth but we shouldn't have to. To me it's the same with people, i don't expect anyone with a big house in Prestbury to pay for me either. If i ever need help then i will get it from the state paid for by everyone.

 

[Blue Mist]

Rascal, Let's take 2 examples, 1 real one invented.
1. Mr Dyson is sat at home thinking his vacumn is shit so he invents a new one and overnight becomes a multi millionaire. The Governement then tax him at 70%, is that right ? Just because he is clever, what about the money he is bringing to the british economy by overseas sales ?
2. You are sitting at home and have an idea to create 'fasebuck' and via the internet it goes global, advertisers are buying into in and you are making mega bucks. Would you then happily hand over 70% of your earning and watch a Government (any Government) waste it ? wouldn't you be a bit pee'd off that you can't give your money to whom you want because some else has legally taken it? What is the point of working hard you may ask yourself. It is your money and you should be taxed the same as everybody else surely.

 

[WNRH]

Rascal, Let's take 2 examples, 1 real one invented.
1. Mr Dyson is sat at home thinking his vacumn is shit so he invents a new one and overnight becomes a multi millionaire. The Governement then tax him at 70%, is that right ? Just because he is clever, what about the money he is bringing to the british economy by overseas sales ?
2. You are sitting at home and have an idea to create 'fasebuck' and via the internet it goes global, advertisers are buying into in and you are making mega bucks. Would you then happily hand over 70% of your earning and watch a Government (any Government) waste it ? wouldn't you be a bit pee'd off that you can't give your money to whom you want because some else has legally taken it? What is the point of working hard you may ask yourself. It is your money and you should be taxed the same as everybody else surely.

This is how i feel.

 

[Rascal]

Rascal, Let's take 2 examples, 1 real one invented.
1. Mr Dyson is sat at home thinking his vacumn is shit so he invents a new one and overnight becomes a multi millionaire. The Governement then tax him at 70%, is that right ? Just because he is clever, what about the money he is bringing to the british economy by overseas sales ?
2. You are sitting at home and have an idea to create 'fasebuck' and via the internet it goes global, advertisers are buying into in and you are making mega bucks. Would you then happily hand over 70% of your earning and watch a Government (any Government) waste it ? wouldn't you be a bit pee'd off that you can't give your money to whom you want because some else has legally taken it? What is the point of working hard you may ask yourself. It is your money and you should be taxed the same as everybody else surely.

Because as i said previously

The nation has a stake in supporting those talented people as many will have been schooled for free, enjoyed free healthcare, recieved child benefits etc etc. Its only fair that the nation should also share in the wealth of those who can afford to pay a little more.

If we lived in a neo-liberal utopia where everything had to be paid for from birth the merits of equal taxation for all would hold more credence

I have no idea where this 70% tax figures you quote comes from BTW

 

[didactic]

Personally I think there should be a difference between a person worth 1 million and a person worth 1 billion. Yet the rates do not change from understanding. However SWP is right most these people have it structured in such a way they do not even pay ANY tax simply because they are smart enough to reside in Monaco or Dubai or Cayman Islands whilst using the rest of their world as their play ground.

 

[SWP's back]

Its the truth though, wether you think its emotive or not.

If the cut would make no difference to the rich, why cut it at all? If as many believe deficit reduction is the single most important issue that affects us as a nation, shouldnt everyone pay there bit, or should the rich be exempt from pain?

Fucks sake Russ keep up.

It would make no difference to the super rich that can splash £150k on a night out as they are not the ones it affects, also very few posting on this instagram stuff are UK born and resident.

Its people in general i was talking about not just those in the OP. I know you get a little excitible at times so take some deep breaths :)

But the point remains if it makes no difference to the super rich, why bother cutting the tax a all? Why not increase taxes on the super rich and we pay the deficit off quicker :)

Because the super rich don't pay income tax through PAYE Russ. The top rate tax affects the well off not the stinking rich.

 

[Rascal]

Fucks sake Russ keep up.

It would make no difference to the super rich that can splash £150k on a night out as they are not the ones it affects, also very few posting on this instagram stuff are UK born and resident.

Its people in general i was talking about not just those in the OP. I know you get a little excitible at times so take some deep breaths :)

But the point remains if it makes no difference to the super rich, why bother cutting the tax a all? Why not increase taxes on the super rich and we pay the deficit off quicker :)

Because the super rich don't pay income tax through PAYE Russ. The top rate tax affects the well off not the stinking rich.

JK Rowling who is super rich pays all her taxes. She believes its her moral duty to do so.

But i agree other ways such as the wealth tax being flouted about would be a better of taxing the super rich.

 

[SWP's back]

The super rich will just move as they can afford to say they live wherever and make those changes. You'll never get their money.

Quoting JKR is irrelevant though mate, she's very much in the minority but we are moving away from the point that the 50 to 45% tax rate change doesn't come close to affecting the kids in the photos.