Rachel Reeves says higher taxes on wealthy ‘part of the story’ for November budget

[JohnD]

Nobody said an ETF is a bond.

Here is a High Yield Bond that pays a dividend.

PGHY Dividend History, Dates & Yield

Get the latest dividend data for PGHY (Invesco Global ex-US High Yield Corporate Bond ETF), including dividend history, yield, key dates, growth and other metrics.

stockanalysis.com

Your link is to an ETF.

Not a bond.

Stop digging,

 

[motorbiking]

Your link is to an ETF.

perhaps you should read it

Not a bond.

About PGHY​

The Invesco Global ex-US High Yield Corporate Bond ETF (PGHY) is an exchange-traded fund that mostly invests in high yield fixed income. The fund tracks market-value-weighted index of USD-denominated corporate debts from non-US issuers, rated below investment grade. The fund has no maturity limits or duration target in its selection process PGHY was launched on Jun 20, 2013 and is issued by Invesco.

So thats a fund full of bonds.
A fund that pays dividends
And its made up of below investment grade debt from non-US issuers - "Junk bonds"

someone buys PGHY, they have invested in bonds, in order to earn a dividend.

Stop digging,

Perhaps you should.

​

 

[Ihavenojob]

Has anyone defined "wealthy"?

 

[motorbiking]

I heard on LBC it was someone earning £46k a year or more. Vanassa Feltz had a phone in on it.

 

[aveatry]

I heard on LBC it was someone earning £46k a year or more. Vanassa Feltz had a phone in on it.

So just twice the min wage then

 

[morqthana]

She’d raise far more money by making Britain an attractive place to pay taxes rather than the reverse.

Like, say, by giving it better roads, better railways, better schools, better health service, better policing, better justice system, cleaner air, cleaner rivers, less inequality...

 

[JohnD]

Poor chicken boy is valiantly hoping people will believe his false claim that an ETF is a bond.

Here is a High Yield Bond that pays a dividend.

PGHY Dividend History, Dates & Yield

Get the latest dividend data for PGHY (Invesco Global ex-US High Yield Corporate Bond ETF), including dividend history, yield, key dates, growth and other metrics.

stockanalysis.com

To cover up his ignorant assertion that bonds pay dividends.

Junk bonds pay dividends silly.

 

[Mottie]

They aren’t on minimum wage then are they

They are a director of a company

You really have no clue. Do you know the difference between salary and dividend payments? You've obviously never run a limited company.

 

[Mottie]

Has anyone defined "wealthy"?

Anyone a pound note in front of JohnD.

 

[Andydevon]

Remind me is JohnD the one who use to commute between Greenock and London weekly?

 

[Mottie]

Remind me is JohnD the one who use to commute between Greenock and London weekly?

No. He did it "a hundred times a year" so roughly twice weekly.

 

[Notch7]

Nobody said an ETF is a bond

You literally said: “here is a high yield bond”

 

[Brigadier]

You've obviously never run a limited company.

How many employees did you have?

 

[Mottie]

How many employees did you have?

4 including myself but the number of employees is irrelevant.

 

[Notch7]

You really have no clue. Do you know the difference between salary and dividend payments? You've obviously never run a limited company.

A person using Ltd route to minimise tax would limit their PAYE to their tax allowance typically £12,570 not minimum wage of £25,396


Therefore a person paying themselves by dividends would not be earning min wage.

I am sorry you are wrong, how embarrassing for you