Irrelevant. It was later the same day and was clearly a continuation of the same conversation. You started off using a range, and then you clarified it was £5k. Unless that was just more boasting. Or maybe you were tipsy again. There can be no denying what you said. The words are as plain as day:
Tax reform?
- Thread starter JohnD
- Start date
Irrelevant. It was later the same day and was clearly a continuation of the same conversation. You started off using a range, and then you clarified it was £5k. Unless that was just more boasting. Or maybe you were tipsy again. There can be no denying what you said. The words are as plain as day:
- Joined
- 31 May 2016
- Messages
- 24,847
- Reaction score
- 5,364
- Country
yes I published a range I then showed how it was calculated, in the thread that we discussed it.
The media was awash with such people during the 'rona, as they were not eligible for furlough iirc.
Speaking as a citizen and a taxpayer, I want to live in a decent society and am willing to pay my share.
It seems you are not keen on either.
- Joined
- 31 May 2016
- Messages
- 24,847
- Reaction score
- 5,364
- Country
I prefer public services to be good enough, most of the time. Not the very best money can buy.
The size of the state fundamentally impacts the competitiveness of the nation.
Tax competitive states attract investment and get more taxes.
The more the government tries to take, the harder it is for its citizens to compete for jobs and business.
If that's what you want, then you already get that here in the UK
But still you're not happy.
Last edited:
Fiddle my tax? I'd have to ask my accountants. I certainly hope they don't as my tax bill seems a lot higher than some billionaires.
Do you think I was aiming a wee bit high when I said £12k? It was just a guess.
Hilarious. Shít at law. Shít at math's.
- Joined
- 31 May 2016
- Messages
- 24,847
- Reaction score
- 5,364
- Country
I've no idea what you were guessing about. But I suspect you don't either.
- Joined
- 22 Aug 2006
- Messages
- 7,057
- Reaction score
- 1,174
- Country
Lets take things to the extreme.
We could see ALL the money in the country earned and held by a tiny number of people.
(We're currently sending the richest away, because of tax)
Nvidia's annual profits are currently about the same as the UK 's deficit.
It looks like we'll have even more money in a few companies and individuals.
But what do we do when half a dozen , basically have all the money?
These would be trillionaires, say a hundred million times as wealthy as those wth 100,000.
Nvidia is valued at about $5Tn, so it's plausible.
How do you tax them?
Hardly any point taxing Joe Soap?
We could see ALL the money in the country earned and held by a tiny number of people.
(We're currently sending the richest away, because of tax)
Nvidia's annual profits are currently about the same as the UK 's deficit.
It looks like we'll have even more money in a few companies and individuals.
But what do we do when half a dozen , basically have all the money?
These would be trillionaires, say a hundred million times as wealthy as those wth 100,000.
Nvidia is valued at about $5Tn, so it's plausible.
How do you tax them?
Hardly any point taxing Joe Soap?
It is the issue that has set the Norwegian general election alight: whether to keep, cut or abolish the national wealth tax.
Nothing to tax the minds of honest English men puttering about this fine Sunday morn...but In an economy less then a seventh the size of Britain’s, the formuesskatt raises about 32bn kroner (£2.4bn). Multiply that by the difference in GDP, and the same rules applied in the UK could raise more than £17bn.
Something to ponder over your Sunday luncheon.
Nothing to tax the minds of honest English men puttering about this fine Sunday morn...but In an economy less then a seventh the size of Britain’s, the formuesskatt raises about 32bn kroner (£2.4bn). Multiply that by the difference in GDP, and the same rules applied in the UK could raise more than £17bn.
Something to ponder over your Sunday luncheon.
How much of your taxes went on Brexit? - Tories spaffed around £100b on it
How much of your taxes went on the £4b of bogus PPE contracts
....this hilarious bullshít...
I don't recall you asking, but I reckon between 2-5k of my taxes per year are spent on the problem,
- Joined
- 18 Apr 2022
- Messages
- 4,505
- Reaction score
- 530
- Country
People are always going on about "1991 valuations". If we revalued every property there would still be 8 bands, and the regressive percentages the same.
It's not the old valuations which are the problem.