What is "fair share"?
lady thatcher
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In the latest episode of the United Hour Podcast, Nik (@Rood) is joined by CEO Duncan Drasdo and Financial Director Andy Green from the Manchester United Supporters Trust for a special episode on all things behind the scenes at Old Trafford including a brief history of MUST and their aims today, views on INEOS and Sir Jim Ratcliffe so far, and the Old Trafford regeneration.
What is "fair share"?
Hmmm let's think.
Would I prefer an NHS that might prolong my life, trains that don't crash into each other, an integrated transport network, free education of a decent standard and a fair system of social security and taxation on the one hand....
Or on the other Ronaldo staying for another season?
Hmmm let's think.
Would I prefer an NHS that might prolong my life, trains that don't crash into each other, an integrated transport network, free education of a decent standard and a fair system of social security and taxation on the one hand....
Or on the other Ronaldo staying for another season?
I agree good social infrastructure is great BUT history has shown us time and again that punitive tax rates actually push the burden onto the working classes. The top earns pay far more of the total tax revenue when the tax system is fairer. That has always been the case in every industrialized nation. Another downside to punitive tax rates is the entrepreneurs that often drive successful economies move abroad and look for other opportunities.
The politics of envy have never been successful anywhere in the world.
but there are people here that strongly believe that
Facts do not back them up. Counties with punitive tax rates do not create more wealth, quite the opposite. Without economic growth all the taxing in the world will not keep a socialist system going for ever. You have to get the balance between social polices and sound economic principals balanced.
you're preaching to the converted here - suggest you have a go at the Old Labour lot here - Arthur's Barmy Army ??
I am not having a go at anyone really. Raising income tax is not the simple solution many seem to think.
I have done both. YMMV.
You don't need telling that the onset of the worst global recession since the 1930s has led to a sharp rise in bankruptcies among small businesses and to hundreds of thousands of job losses.
But 2008 wasn't especially painful for a typical chief executive of a FTSE 100 company, according to a new independent survey by Manifest, the "governance" service that advises big investors.
It calculates that the median total remuneration for a FTSE 100 chief executive rose 7% last year to £2.6m.
That's quite a fur coat to protect against the chill economic winds.
And it rather explodes the idea that the financial interests of the owners and managers of our big companies are closely and directly aligned: the value of FTSE 100 companies fell just under 30% in the same period.
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from R P's blogg on the BBC
These are the people who will leave if they only earn 1.3 million instead of 1.6 million per year after tax. While losing 30% of their company’s value and asking for employees to take pay cuts or making them redundant because of poor decisions made mainly by them.
The politics of envy only arrives when this shell game is seen for what it really is, selfish greedy powerful people who will have their share and yours if need be, whatever happens and whatever it costs everyone else.
But 2008 wasn't especially painful for a typical chief executive of a FTSE 100 company, according to a new independent survey by Manifest, the "governance" service that advises big investors.
It calculates that the median total remuneration for a FTSE 100 chief executive rose 7% last year to £2.6m.
That's quite a fur coat to protect against the chill economic winds.
And it rather explodes the idea that the financial interests of the owners and managers of our big companies are closely and directly aligned: the value of FTSE 100 companies fell just under 30% in the same period.
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from R P's blogg on the BBC
These are the people who will leave if they only earn 1.3 million instead of 1.6 million per year after tax. While losing 30% of their company’s value and asking for employees to take pay cuts or making them redundant because of poor decisions made mainly by them.
The politics of envy only arrives when this shell game is seen for what it really is, selfish greedy powerful people who will have their share and yours if need be, whatever happens and whatever it costs everyone else.
There are greedy people and excesses but lets not take the numbers off a blog as gospel. For starters 2008 base earners might of gone up 7% but that is because the raises were based on 2007 performance. Many CEO and execs took huge pay cuts and decline boneses in the last few months.
That aside raising taxation still doesn't help you raise more tax if the rates are deemed punitive. These people are not on PAYE, they have ways of avoiding tax. So you go down the route of socialized policies, set your budgets but the tax revenues you projected from the top 10% of earners falls well short.
Then to pay for your socialist programs you have to raise tax on the people that can't avoid it, the poor old working and middle classes on PAYE.
That aside raising taxation still doesn't help you raise more tax if the rates are deemed punitive. These people are not on PAYE, they have ways of avoiding tax. So you go down the route of socialized policies, set your budgets but the tax revenues you projected from the top 10% of earners falls well short.
Then to pay for your socialist programs you have to raise tax on the people that can't avoid it, the poor old working and middle classes on PAYE.
Nowt to do with the politics of envy. Almost all of the socialists I know - myself included - would be personally a lot worse off under a socialist Government.
But from where I'm sitting, the politics of greed that we've been pursuing for the last 30 years doesn't appear to have been terribly successful.
The quote is from the BBC economics bloke Robert Peston. He has a page on the BBC site and was the first reporter onto the UK bank collapses.
You are making a Reaganesque trickle down argument which has been debunked because most of the take from higher tax rates will come from people living and working in the UK who are unable to leave that tax authority. It is the excuse made by people who want to live here and make fortunes but don't want to pay tax. Frankly I would sooner they leave but then again the sweet heart tax which deals which brought them should never have been allowed.
Lady Thatcher treated after fall
http://news.bbc.co.uk/2/hi/uk_news/politics/8097018.stm
Former Conservative prime minister Margaret Thatcher is under observation in hospital after breaking her arm.
The 83-year-old suffered the injury in a fall at home but is said by her office to be "recovering well".
She had been due to return home after treatment but doctors at the Chelsea and Westminster hospital have decided to keep her in overnight.
Britain's first woman prime minister celebrated the 30th anniversary of her election victory earlier this week.
Lady Thatcher's office said there were no complications or other health issues to be concerned about, following her accident.
"The hospital's decided, just to be sure, to keep her in for observation," her spokeswoman said.
"It's a simple fracture, but bearing in mind who she is, she's 83 and the shock to the system, it's just belt and braces. There is nothing untoward."
They confirmed she had tripped and fallen at about 0800BST. An ambulance was called and she was transferred under police escort, with her special branch protection detail, to the hospital.
She was given an X-ray and it was discovered she had fractured her upper arm.
Lady Thatcher, who led Britain from 1979 to 1990, has become increasingly frail in recent years and has suffered a number of minor strokes. Her daughter Carol has also spoken about her struggle with dementia.
Ill health forced her to abandon her regular public speaking engagements in 2002 but she still makes public appearances.
In March last year she spent the night in hospital after feeling unwell while having dinner with friends.
But earlier this week she was at the Carlton Club in London to mark the 30th anniversary of her historic election victory.
In September 2007 Gordon Brown surprised many of his own backbenchers by inviting the peer to visit Downing Street and praising her as a "conviction politician".
http://news.bbc.co.uk/2/hi/uk_news/politics/8097018.stm
Former Conservative prime minister Margaret Thatcher is under observation in hospital after breaking her arm.
The 83-year-old suffered the injury in a fall at home but is said by her office to be "recovering well".
She had been due to return home after treatment but doctors at the Chelsea and Westminster hospital have decided to keep her in overnight.
Britain's first woman prime minister celebrated the 30th anniversary of her election victory earlier this week.
Lady Thatcher's office said there were no complications or other health issues to be concerned about, following her accident.
"The hospital's decided, just to be sure, to keep her in for observation," her spokeswoman said.
"It's a simple fracture, but bearing in mind who she is, she's 83 and the shock to the system, it's just belt and braces. There is nothing untoward."
They confirmed she had tripped and fallen at about 0800BST. An ambulance was called and she was transferred under police escort, with her special branch protection detail, to the hospital.
She was given an X-ray and it was discovered she had fractured her upper arm.
Lady Thatcher, who led Britain from 1979 to 1990, has become increasingly frail in recent years and has suffered a number of minor strokes. Her daughter Carol has also spoken about her struggle with dementia.
Ill health forced her to abandon her regular public speaking engagements in 2002 but she still makes public appearances.
In March last year she spent the night in hospital after feeling unwell while having dinner with friends.
But earlier this week she was at the Carlton Club in London to mark the 30th anniversary of her historic election victory.
In September 2007 Gordon Brown surprised many of his own backbenchers by inviting the peer to visit Downing Street and praising her as a "conviction politician".
Better luck next time?
Progressive tax regimes punish those with the greatest mobility, greatest contribution to the economy and who use public services the least in favour of private ones.
Tell me how that is fair again?
The nation simply cannot sustain a £600billion government budget year-on-year which goes for all levels of society but telling the wealthiest they have to pay 50% when they can migrate to a nation with far lower tax rates and costs of living is absolutely absurd.
Tell me how that is fair again?
The nation simply cannot sustain a £600billion government budget year-on-year which goes for all levels of society but telling the wealthiest they have to pay 50% when they can migrate to a nation with far lower tax rates and costs of living is absolutely absurd.
Some people think its a shame she is now a lonely old alcoholic. 
So it would appear that she wasn't drinking all the milk she stole from the school-children after all...
As were Hitler and Stalin.
get well soon, lady thatcher
I hope her doctor is from Argentina
No chance - she's in terminal decline after being praised by Gordon Brown.
At least she waited until she'd left office to struggle with dementia.
unlike the current government you mean, who are in terminal decline, while still in power?
I can't believe they let her have a doctor.