
Tamesaint
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Everything posted by Tamesaint
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Comparing international tax rates is very difficult. Every country has its own reliefs and allowances which make a like for like meaningful comparison almost impossible. In addition to Ducky's call for a reduced number of income tax rates there needs to be a simplification of reliefs and allowances. eg. As Weston points out the marginal rate of income tax for people earning between £100k and £125k is over 60%. Madness! eg. Look at pension tax relief and the rules around it if you have difficulty sleeping at night. We are not unique in our reliefs and allowances. One of the weirdest that I heard about came from Denmark where you could get tax relief if you claimed that your garden is really a farm or smallholding!! It is not just our income tax that is overly complicated. Take a look if you dare at our Inheritance Tax reliefs. Mad as a box of frogs!! Capital Gains Tax is also an area where in the UK we get off lightly compared with other countries. I agree with Moonraker - overall we are not a highly taxed country when compared with other countries.
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Typical Ducky bollocks. The only reason why what you consider to be conservative policies are not adopted is because , despite the urgings of the Mail and Express, the people of this country don't want them. For all his failings Johnson recognised this but Truss is too ideologically blind to recognise it. Any idea of where the £15 billion plus of public spending cuts are going to be found?
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This time last year this guy was predicting that the US economy was about to collapse just like Venuzuela's. It didn't happen. I feel sorry for anyone who thinks this nonsense is worth amplifying.
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How can you get growth in an economy where the labour market is so tight that job vacancies outnumber the number of people unemployed? By letting more people into the country and increasing the size of the labour market. Are we going to see restrictions on freedom of movement lifted and many more visas issued to foreign workers in order to increase the size of the labour market? It's going to be interesting to see who in the Cabinet wins the argument. The "growth idealogues" who are willing to bet the strength of the pound on their growth idealology or the hard Brexiteers who believe in unicorns and are against freedom of movement.
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If one thing is clear from the political events of the last few years it is that party members should never be allowed to elect party leaders. Corbyn was a disaster for Labour. Truss looks like being the same for the Conservatives. Representative democracy whereby the elected representatives of a party choose the leadership works so much better.
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If she takes back rate decisions from the BoE the markets will lose all confidence in the UK economy and the pound will dip below the dollar.
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It's all right. There will be a load of workers on the market soon when Deutsche Bank goes bust. Mind you they will be needed everywhere when the main benefit of Brexit ( the trade deal with America) is signed. These predictions must be true because that great brainbox Guided Missile told us.
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So which one is Manji? Batman is clearly D but I don't know enough about Manji to classify him.
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That's birds for you.
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They will all be pinkoes to Duckie. 😁😁😁
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The market's are showing what the financial world thinks of Kwasi's cunning plan.
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It's a pity that Wooden Lizzie doesn't have control of interest rates. She doesn't believe in traditional economic theory.🙄
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Same here.🤞
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You are right. If it wasn't for the seriousness of the subject the first page of this thread would be hilarious. I particularly like GM's clarification to "miners" at the end of the first post. I wonder if he means all miners or is just addressing coal miners.
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Well done you. How long did you have to queue?
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Waitrose have meat counters...and fish. HTH 😁
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Elderly people who cannot use the internet are unlikely to be able to wait in queue for 10 plus hours with the current system. On the other hand if they could find a nice, helpful tech savvy relative / neighbour they would be able to book a place in the queue with a much shorter wait.
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Maybe it shouldn't be questioned but why do we have a queue? Wouldn't it have been possible for an on line booking system to have been used? Using say, hourly slots people could book times that were convenient for them knowing that the longest that they would have to wait would be an hour. I suppose that no such system currently exists .... but the death of a 96 year old could have been anticipated and a system could have been developed. It would have required some investment in software .... but the administration of the current system with its miles long queue isn't coming cheap. Is it because the British like to queue??
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You can say that again. 😁
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Maybe. Let's see. Politically and for PR reasons alone it should be a dead duck. Truss however has said that she is happy with the rich benefiting more from her intended tax cuts than the poor and the idea of removing the cap on bankers's bonuses comes from the same PR disaster zone.