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Everything posted by Farmer Saint
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The Starmer Years - Can The New Broom Sweep Clean?
Farmer Saint replied to sadoldgit's topic in The Lounge
That's my garden, I have 450 acres of other land, and we have some sheep as you can see below... But no, I have a farm manager who deals with all the day to day. My farm is not for inheritance, we will sell it when we retire which at the moment is in about 10 years time, dependant on when the wife wants to call time on her career. -
https://www.instagram.com/reel/DOgs0ahDB9W/?igsh=MWs2dDUzMGl0YWgzYQ==
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The Starmer Years - Can The New Broom Sweep Clean?
Farmer Saint replied to sadoldgit's topic in The Lounge
Still awaiting the link and the answers to my questions...more good news for those moving to the US to start "investing the proceeds in different ventures." https://www.ft.com/content/c51fc02c-0859-4908-9c3d-c3c1d12550c4?fbclid=IwY2xjawM9NSxleHRuA2FlbQIxMQABHmvaHOh83ZZIwJh-xeJz62x2qQa1f1u_QjDmqV_WSkdJ402k0sJu8xxvW3v2_aem_2ZFgE-t9SUVDbEUePV29qA Garry Tan, chief executive of start-up incubator Y Combinator, said in a post on X that the decision by Trump was a mistake that “kneecaps start-ups” and represented a “massive gift to every overseas tech hub” including Vancouver and Toronto in Canada. “In the middle of an AI arms race, we’re telling builders to build elsewhere. We need American Little Tech to win — not $100K toll booths,” Tan added. Meanwhile in the UK... https://www.bbc.co.uk/news/articles/cx2nllgl3q7o I think your 'mate' should think about not selling his company so hastily. -
The Starmer Years - Can The New Broom Sweep Clean?
Farmer Saint replied to sadoldgit's topic in The Lounge
I don't normally agree with you. I do here. -
https://www.bbc.co.uk/news/articles/ce800enrglzo
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The Starmer Years - Can The New Broom Sweep Clean?
Farmer Saint replied to sadoldgit's topic in The Lounge
I've also got another, slightly smaller one. I call it @Lord Duckhunter because it's pony. -
The Starmer Years - Can The New Broom Sweep Clean?
Farmer Saint replied to sadoldgit's topic in The Lounge
I call him Troy. -
The Starmer Years - Can The New Broom Sweep Clean?
Farmer Saint replied to sadoldgit's topic in The Lounge
Moles that is - utterly destroyed it this year, and then the drought and a hosepipe ban. Horrendous. -
The Starmer Years - Can The New Broom Sweep Clean?
Farmer Saint replied to sadoldgit's topic in The Lounge
It was invested in as a passive income - I'm 41 - and would give me some fun. There is also a lot of land on the edge of surrounding towns, and with the likelihood of relaxation of planning laws (as I saw it back then), it seemed like a decent investment. It's doing me well so far alongside a couple of Non-Exec roles. I also have this as the view from my bedroom window... -
I don't think that's the choice, is it? 😜
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That is superb.
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TBF, do you really want to be in the Prem?
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Yeah, hilarious 🫤
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It's why we've switched out Archer for Downs, clearly.
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The Starmer Years - Can The New Broom Sweep Clean?
Farmer Saint replied to sadoldgit's topic in The Lounge
Can you send me the link to that article please? I await your answers to my questions. -
The Starmer Years - Can The New Broom Sweep Clean?
Farmer Saint replied to sadoldgit's topic in The Lounge
That's been a sentiment since Brexit TBF, there is nothing new there. For me, and I said this previously, you need to tell me the profile of these people. Software business owner - what does this mean, what approx EBITDA they working at etc? What's his age? What's his family situation? Most wealthy people are not looking over the next 3 years, they're looking over the next 10 to 20. To lose huge amounts in tax on your company sale (which is the biggest thing he'll ever sell, so his biggest tax burden) on a 3 year bet that Labour will get in again is a very, very risky thing to do. Unless we're saying that the UK is permanently broken, irrelevant of who is in power, which I don't disagree with. It's why I purchased a farm, I bet on the price of food commodities going up 5 years ago. -
The Starmer Years - Can The New Broom Sweep Clean?
Farmer Saint replied to sadoldgit's topic in The Lounge
Yeah, better him than me TBH! -
The Starmer Years - Can The New Broom Sweep Clean?
Farmer Saint replied to sadoldgit's topic in The Lounge
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The Starmer Years - Can The New Broom Sweep Clean?
Farmer Saint replied to sadoldgit's topic in The Lounge
It does feel very right wing SOG doesn't it? -
I can't find any on Google, so need you to tell us. Who?
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The Starmer Years - Can The New Broom Sweep Clean?
Farmer Saint replied to sadoldgit's topic in The Lounge
You are again misunderstanding, I've picked up your actual comments that you seem to have deleted from the Weston reply. Asset rich, no wage millionaires are actually fairly immobile due to the fact that they get taxed on their assets if they sell them. So business owners, share owners, big stake millionaires have to suck up huge tax bills to move abroad. Some high wage earners leave the UK and will always leave to places like Dubai, because they don't want to pay any tax. That's fine, but that has nothing to do with UK tax changes by the Labour party - income tax hasn't changed apart from the freezing of thresholds since 2012. That makes very little tax difference to high wage earners. Selfish people will always, and have always moved to low tax economies. What's your friend going to do in the US by the way, for work? When did he sell his company? What did his company do? What age bracket are they in? Let's see if you answer the question this time... https://taxjustice.net/press/millionaire-exodus-did-not-occur-study-reveals/
