Trickling Down!

The only way it could ever work is if those who climb the ladder when they get to the level they are happy with they hold the ladder steady for the next person to follow you up. In reality with this mob its climb as far as you can then chuck the ladder away - it will always be thus.
 
Eebo said:
Following the recent Billionaire's Budget thought it would be a good idea to set up a thread where we can all record examples of where very rich people having even more money has benefitted us normal folks.

At the moment the Trickle Down Effect just sounds like they are pissing on us, but I very much look forward to hearing all the lovely heart-warming stories of bankers passing on their bonuses to us plebs or business owners paying the heating bills for all their workers etc.

Go...
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Look, I know its not popular, but I applaud the government for trying something different.

I bet there are builders and people who sell and fit hi-tech audio/video equipment who do very well in places like Knustford and Alderly Edge and Sale/Hale (where many of the City and United players reside). They then spend the money they have earnt in the local economy. Isn't that what 'trickle down' means?

I remember when I was a kid Labour had tax at like 98% for film stars and music stars, Sean Connery, Rod Stewart etc. so they all just went and lived in Switzerland or Monaco.

Surely this is a better system?
 
El_george said:
Look, I know its not popular, but I applaud the government for trying something different.

I bet there are builders and people who sell and fit hi-tech audio/video equipment who do very well in places like Knustford and Alderly Edge and Sale/Hale (where many of the City and United players reside). They then spend the money they have earnt in the local economy. Isn't that what 'trickle down' means?

I remember when I was a kid Labour had tax at like 98% for film stars and music stars, Sean Connery, Rod Stewart etc. so they all just went and lived in Switzerland or Monaco.

Surely this is a better system?
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You applaud making the top earners 10% better off by borrowing extra money at high rates of interest that we’ll all have to pay back?
Have you really thought it through?
 
west didsblue said:
You applaud making the top earners 10% better off by borrowing extra money at high rates of interest that we’ll all have to pay back?
Have you really thought it through?
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I don't care much for Liz Truss, I think she is a bit wooden and reminds me a bit of Theresa May.

But she had a very difficult start and now I think she deserves a chance - along with the people she has chosen to be in her cabinet and also to advise her.

One thing she said during the summer: why not treat the Corona debt and the Ukraine debt like the WWII debts - which I think were finally paid off around 2003.

I think she is right about that. When I started work in the 90's did I complain that I was paying taxes towards a debt that had been incurred 25 years before I was even born? No I did not, so this argument that we are storing up trouble for future generations doesn't hold water with me.
 
El_george said:
I don't care much for Liz Truss, I think she is a bit wooden and reminds me a bit of Theresa May.

But she had a very difficult start and now I think she deserves a chance - along with the people she has chosen to be in her cabinet and also to advise her.

One thing she said during the summer: why not treat the Corona debt and the Ukraine debt like the WWII debts - which I think were finally paid off around 2003.

I think she is right about that. When I started work in the 90's did I complain that I was paying taxes towards a debt that had been incurred 25 years before I was even born? No I did not, so this argument that we are storing up trouble for future generations doesn't hold water with me.
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Are you seriously comparing war and pandemic debt with voluntary additional debt being used to specifically to make very rich people even richer?
 
El_george said:
Look, I know its not popular, but I applaud the government for trying something different.

I bet there are builders and people who sell and fit hi-tech audio/video equipment who do very well in places like Knustford and Alderly Edge and Sale/Hale (where many of the City and United players reside). They then spend the money they have earnt in the local economy. Isn't that what 'trickle down' means?

I remember when I was a kid Labour had tax at like 98% for film stars and music stars, Sean Connery, Rod Stewart etc. so they all just went and lived in Switzerland or Monaco.

Surely this is a better system?
Click to expand...

Riiiiigghhhttt ............ so in 2022 you think people in posh areas haven't already got home cinema's - fancy hi-fi's and other fancy goods but thanks to Fridays announcement will now consider it? Stephen Ireland was looking to install a fucking shark tank under his kitchen floor in 2010 and even us commoners have been able to buy of have installed wifi and hifi around the house.......I would think its unlikely the few who have held off until this tax cut was announced will save the UK economy.
 
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