Brexited | the worst threads live the longest

Do you think there will be a Deal or No Deal?


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Again you're missing the point. Insurance premium tax is a cost. It has to be passed on to the consumer. Coporation tax isn't a cost, it's a tax on profit. It can't be passed on because a competitor can come along and undercut you on price
Not possible. The company supposedly undercutting in your example will end up with lower profits and hence a lower roi, it would find hard to raise capital. Sustained under-capitalisation will cause it to either be forced reduce the size of business giving away its customers to the companies charging higher premiums or raise prices in the near term to provide the investors a competitive roi.
 
Not possible. The company supposedly undercutting in your example will end up with lower profits and hence a lower roi, it would find hard to raise capital. Sustained under-capitalisation will cause it to either be forced reduce the size of business giving away its customers to the companies charging higher premiums or raise prices in the near term to provide the investors a competitive roi.

Lower profit if they sold the same number of units. However being more competitive the cheaper company will out sell their rival, the latter will be the one losing
 
Lower profit if they sold the same number of units. However being more competitive the cheaper company will out sell their rival, the latter will be the one losing
For every contract sold the company first needs to have enough capital. Capital which it would not be able to raise given the lower roi.

In the real world (thankfully) the market wouldn't allow such cavalier business policies. No one would want such an entity to be their counterparty not even its customers if they are wise enough anyway.

Most people (and labour/green politicians) dont understand this but there no scope of cutting corners in such services businesses. An increase in tax (if not passed to the customer) will just make them to leave or go bust. At the end of the day capital does not need a passport and will readily go where returns are higher.
 
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Liam fox threatening to quit if he doesn't get hard brexit.
This criminal is trying to create a tax haven for all his dodgy friends to park their wealth.
 
Surely Fox quitting should be seen as a benefit, not a risk.
 
For every contract sold the company first needs to have enough capital. Capital which it would not be able to raise given the lower roi.

In the real world (thankfully) the market wouldn't allow such cavalier business policies. No one would want such an entity to be their counterparty not even its customers if they are wise enough anyway.

Most people (and labour/green politicians) dont understand this but there no scope of cutting corners in such services businesses. An increase in tax (if not passed to the customer) will just make them to leave or go bust. At the end of the day capital does not need a passport and will readily go where returns are higher.

1) Not everyone raises capital through the stock exchange

2) Countries with much higher corporation tax then us have successful businesses

3) I'll repeat that in a competitive environment a company cannot raise prices to pay for corporation tax. Nothing you've said challenges this point
 
How about a right wing rag?


Agree....That's worrying for people in the UK.

On the other hand, the people in Portugal, Spain, Greece, Poland, Malta, etc, might welcome the fact that their own hosptals will now have sufficient nurses to meet their own needs.

Too many REMAINERS seem to ignore the effect that by pinching / encouraging Health Professionals to leave their own countries ( who, most likely, also paid for their education and training ) to work in the UK, those countries are short of good, qualified staff and have to import them as well.
 
1) Not everyone raises capital through the stock exchange
Capital from private investors is even more mobile. If you had said that the listed insurers might be able to raise the capital on exchanges it would still had made some (albeit minuscule) sense.
2) Countries with much higher corporation tax then us have successful businesses
Yes, with higher prices as was initially suggested.
3) I'll repeat that in a competitive environment a company cannot raise prices to pay for corporation tax. Nothing you've said challenges this point
What I have posted rips this narrative to shreds actually. You only have to be able to understand it.

Again in the simplest of terms, those putting the capital in (risky) financial businesses expect a commensurate level of return. If the corporation tax eats into those returns the prices will rise. And if you think that someone else will come in to provide capital for a lower rate of return, then no unless its the govt. which is way too broke to even consider it.
 
I do admire how remainers are spinning the election result to mean a rejection of hard brexit. Firstly Corbyn and the labour party said brexit meant leaving the single market and customs union which as far as I can make out is hard brexit. So that means 85% of the electorate voted for hard brexit parties at the election (tories, labour, ukip). Everyone had the chance to vote lib dem or greens to support a soft brexit or a complete u turn on the result.

Also the way the left wing press are gleefully celebrating the collapse of ukip. Ukip were inconsequential in this election because leavers presumed they would be getting brexit as was set out from the beginning. Do they believe that if promises on brexit are now reneged on by the political elite that pissed off leave voters wont swarm back to ukip in their millions?
 
I do admire how remainers are spinning the election result to mean a rejection of hard brexit. Firstly Corbyn and the labour party said brexit meant leaving the single market and customs union which as far as I can make out is hard brexit. So that means 85% of the electorate voted for hard brexit parties at the election (tories, labour, ukip). Everyone had the chance to vote lib dem or greens to support a soft brexit or a complete u turn on the result.

Also the way the left wing press are gleefully celebrating the collapse of ukip. Ukip were inconsequential in this election because leavers presumed they would be getting brexit as was set out from the beginning. Do they believe that if promises on brexit are now reneged on by the political elite that pissed off leave voters wont swarm back to ukip in their millions?


Absolutely this.

And to repeat for God knows how many times - there is no choice of Hard Brexit or Soft Brexit available to the UK no matter how much some of you guys on here bitch about it.

The eventual type and terms of BREXIT is entirely in the hands of the EU and, then, how many of the REMAINERS will then knuckle down and make the most of what ever the UK is able to make of its future outside the EU.

The alternative, of course, is for those still in the UK who think their lives will collapse after BREXIT is to come live here inside the EU - there are plenty of us here on this thread who made that decision in the past. I don't think any of us actually regret it, although there are couple of us who dislike the EU ( not the countries where we live ) with same the passion as the rest of you love it.
 
Absolutely this.

And to repeat for God knows how many times - there is no choice of Hard Brexit or Soft Brexit available to the UK no matter how much some of you guys on here bitch about it.

The eventual type and terms of BREXIT is entirely in the hands of the EU and, then, how many of the REMAINERS will then knuckle down and make the most of what ever the UK is able to make of its future outside the EU.

The alternative, of course, is for those still in the UK who think their lives will collapse after BREXIT is to come live here inside the EU - there are plenty of us here on this thread who made that decision in the past. I don't think any of us actually regret it, although there are couple of us who dislike the EU ( not the countries where we live ) with same the passion as the rest of you love it.

Agree with the first part.

We had the choice of living in part of the EU. Will people have the same choice after Brexit? Maybe people don't want to leave the UK but still have the benefits of the EU. What if the EU becomes like the UK and doesn't want those pesky foreigners? What happens if the predictions actually become reality, wonder who will be complaining then.
 
Capital from private investors is even more mobile. If you had said that the listed insurers might be able to raise the capital on exchanges it would still had made some (albeit minuscule) sense.

Yes, with higher prices as was initially suggested.
What I have posted rips this narrative to shreds actually. You only have to be able to understand it.

Again in the simplest of terms, those putting the capital in (risky) financial businesses expect a commensurate level of return. If the corporation tax eats into those returns the prices will rise. And if you think that someone else will come in to provide capital for a lower rate of return, then no unless its the govt. which is way too broke to even consider it.

How about a loan? You seem to have forgotten that source of capital. You've narrow knowledge of a specific type of business model and are pretending like it's the only way

Fundamentally wrong, no profit and loss sheet will have corporation tax in the costs column.

I understand what you're saying, but capital does not attract uniform returns
 
Agree....That's worrying for people in the UK.

On the other hand, the people in Portugal, Spain, Greece, Poland, Malta, etc, might welcome the fact that their own hosptals will now have sufficient nurses to meet their own needs.

Too many REMAINERS seem to ignore the effect that by pinching / encouraging Health Professionals to leave their own countries ( who, most likely, also paid for their education and training ) to work in the UK, those countries are short of good, qualified staff and have to import them as well.

No they will just go elsewhere in the EU or the world. Also I belive many of these countries produce an excess of these professions. (There's a lot of Spanish vets around for this reason).


Brexit is making this country an unpleasant place to live for medical professionals, and it's those who'll need the NHS that will pay the price
 
I've absolutely no idea. However, at the moment people have a choice.
Indeed they do and should make the move is being an eu'r is more important than anything else in life. having said that, most of the people I work with hold non eu passports so its not the end of the world.
 
Indeed they do and should make the move is being an eu'r is more important than anything else in life. having said that, most of the people I work with hold non eu passports so its not the end of the world.

How does anyone make a decision about their next move/future , no-one knows what will be the situation in one year, 2 years, 5 years time.
Uncertainty. This bewildered me more than anything - how can people vote for something when they have absolutely no idea what they are actually voting for.
 
Indeed they do and should make the move is being an eu'r is more important than anything else in life. having said that, most of the people I work with hold non eu passports so its not the end of the world.

Its not just about being in the EU. This country treats non EU nationals horribly, getting a Visa is expensive, getting one for a spouse even more so. This nation might be happy to accept a nurse but what if his or her spouse doesn't have a required skill? This is the future for EU nationals after Brexit.
 
So first we trigger article 50 and after we have elections to bolster May's hand when we negotiate ?

Now we start Brexit negotiations on Monday and get a strong and stable government on Wednesday ?

Cool.
 
How about a loan? You seem to have forgotten that source of capital. You've narrow knowledge of a specific type of business model and are pretending like it's the only way
Yeah no insurance bonds are not a source of capital. They have many other purposes like hedging and such but not a source of capital.

Fundamentally wrong, no profit and loss sheet will have corporation tax in the costs column.
Wrong, but good that you put this down. This seems to be primary source of your confusion. Check a sample pnl statement online and you will know why taxes are a cost and get passed on to the customer in the end anyway.
 
Agree....That's worrying for people in the UK.

On the other hand, the people in Portugal, Spain, Greece, Poland, Malta, etc, might welcome the fact that their own hosptals will now have sufficient nurses to meet their own needs.

Too many REMAINERS seem to ignore the effect that by pinching / encouraging Health Professionals to leave their own countries ( who, most likely, also paid for their education and training ) to work in the UK, those countries are short of good, qualified staff and have to import them as well.
This point would make a lot more sense if the brexiters were not planning to go ape-shit after south-asian and african doctors and nurses post brexit. Essentially the people you can bring in on low benefits compared to the ones from eu. Right now it just sounds daft.
 
Yeah no insurance bonds are not a source of capital. They have many other purposes like hedging and such but not a source of capital.

Wrong, but good that you put this down. This seems to be primary source of your confusion. Check a sample pnl statement online and you will know why taxes are a cost and get passed on to the customer in the end anyway.

Profit before tax/profit after tax. I'm not confused. It's not a cost
 
So first we trigger article 50 and after we have elections to bolster May's hand when we negotiate ?

Now we start Brexit negotiations on Monday and get a strong and stable government on Wednesday ?

Cool.

Shooting themselves in the foot seems to be popular within Tories. Cameron promised referendum to get elected and it led to his resignation. May promised strong hand and called for election which led to her losing majority. I'd be wary of what she proposes next.
 
Shooting themselves in the foot seems to be popular within Tories. Cameron promised referendum to get elected and it led to his resignation. May promised strong hand and called for election which led to her losing majority. I'd be wary of what she proposes next.
Plus the fall of UKIP. Brexitland is beginning to sound like Deadwood.
 
Absolutely this.

And to repeat for God knows how many times - there is no choice of Hard Brexit or Soft Brexit available to the UK no matter how much some of you guys on here bitch about it.

The eventual type and terms of BREXIT is entirely in the hands of the EU and, then, how many of the REMAINERS will then knuckle down and make the most of what ever the UK is able to make of its future outside the EU.

The alternative, of course, is for those still in the UK who think their lives will collapse after BREXIT is to come live here inside the EU - there are plenty of us here on this thread who made that decision in the past. I don't think any of us actually regret it, although there are couple of us who dislike the EU ( not the countries where we live ) with same the passion as the rest of you love it.

Why the use of capitals? Bizarre.
 
And to repeat for God knows how many times - there is no choice of Hard Brexit or Soft Brexit available to the UK no matter how much some of you guys on here bitch about it.
Of course there is :lol:
The eventual type and terms of BREXIT is entirely in the hands of the EU and, then, how many of the REMAINERS will then knuckle down and make the most of what ever the UK is able to make of its future outside the EU.
You don't think the UK Government has any say? :lol: You think it's all a show? Just a massive game being played by every UK Politician to win and lose votes?
The alternative, of course, is for those still in the UK who think their lives will collapse after BREXIT is to come live here inside the EU - there are plenty of us here on this thread who made that decision in the past. I don't think any of us actually regret it, although there are couple of us who dislike the EU ( not the countries where we live ) with same the passion as the rest of you love it.
I don't want to talk about it, but my job depends on being in the single market (although I'm looking for a new one).

Really don't have a clue what you're on about really.
 
Absolutely this.

And to repeat for God knows how many times - there is no choice of Hard Brexit or Soft Brexit available to the UK no matter how much some of you guys on here bitch about it.

The eventual type and terms of BREXIT is entirely in the hands of the EU and, then, how many of the REMAINERS will then knuckle down and make the most of what ever the UK is able to make of its future outside the EU.

The alternative, of course, is for those still in the UK who think their lives will collapse after BREXIT is to come live here inside the EU - there are plenty of us here on this thread who made that decision in the past. I don't think any of us actually regret it, although there are couple of us who dislike the EU ( not the countries where we live ) with same the passion as the rest of you love it.

I detest this logic. I'm a remainder and I'm already knuckling down and working hard. And now due to the selfishness and xenophobia of a large group of either poorly educated or poorly advised people my livelihood (in automotive engineering) is likely to get a whole lot harder. My partner and I's plan to start a family is now on hold as there is a fair chance Brexit will cost me my job.
 
Agree with the first part.

We had the choice of living in part of the EU. Will people have the same choice after Brexit? Maybe people don't want to leave the UK but still have the benefits of the EU. What if the EU becomes like the UK and doesn't want those pesky foreigners? What happens if the predictions actually become reality, wonder who will be complaining then.

Everybody in the UK had the choice - the majority voted to leave. Too many Remainers just don't seem to want to believe that or want get to
over it.

But the EU doesn't want those pesky foreigners from outside the EU as it is. Morocco - yes we'll give you almost €1.5 billion to get your country up to EU standards....Yes we'll let you sell your products to us Tariff Free or almost Tariff Free...But no, you can't come and live here....I suspect the EU will eventually treat the UK exactly the same as the UK treats the EU. You have a job to go to, and an employer reference / support, and we need you, then we'll give you a work permit and residence visa if you're a non-EU citizen. That's essentially how it works now both in the EU and in the UK for anybody who wants to work in the UK and EU today. I don't think that either the UK or the EU will change from that.


No they will just go elsewhere in the EU or the world. Also I belive many of these countries produce an excess of these professions. (There's a lot of Spanish vets around for this reason). Brexit is making this country an unpleasant place to live for medical professionals, and it's those who'll need the NHS that will pay the price

Its not just about being in the EU. This country treats non EU nationals horribly, getting a Visa is expensive, getting one for a spouse even more so. This nation might be happy to accept a nurse but what if his or her spouse doesn't have a required skill? This is the future for EU nationals after Brexit.

I don't know where you live in the UK, but you often say this. Do you want to expand - perhaps tell us where you live and why / how the Uk is being so horrible to either yourself, your friends and family or others close to you ? And especially why for medical professionals in particular ?

As for the cost of visas - tell us how much more the UK charges for non-EU citizens than, say Denmark or Belgium or Hungary or Estonia, because I've no idea myself but you presumably have, and then I'll either have some sympathy for you or not have some sympathy for you.

And perhaps tell us, because again I don't know, how the UK's current position re family visas is diffeent from other EU countries or, in fact, most countries.


How does anyone make a decision about their next move/future , no-one knows what will be the situation in one year, 2 years, 5 years time.

Uncertainty. This bewildered me more than anything - how can people vote for something when they have absolutely no idea what they are actually voting for.

Amongst all their lies and obfuscation, Cameron and Osborne and plenty of others said repeatedly - If you vote to leave the EU you are voting to leave the Single Market.

Amongst all their lies and obfuscation, Johnson and Gove and plenty of others said repeatedly - If you vote to leave the EU, you are voting to leave the Single Market.

In fact, the only truth that ANY of them came out with was - If you vote to leave the EU, you are voting to leave the Single Market.

As for the future....Jeez, I wish I knew myself what's going to happen even next month, not 2 or five years from now. Everyone has to make decisions, whether to change jobs, change house, and for you and me, it was whether to change the country we were going to live in. Those who think the change is too big of a risk, usually decide to stay with what they have. Those who think that a new job will improve their career, or a new house will be a good investment, or my life will probably be better in Australia than the UK, take the chance.


This point would make a lot more sense if the brexiters were not planning to go ape-shit after south-asian and african doctors and nurses post brexit. Essentially the people you can bring in on low benefits compared to the ones from eu. Right now it just sounds daft.

I've no idea how old you are, but the NHS has relied on Doctors from India, Asia and Africa, and on nurses from the Caribbean for the past 50+ years. And many of them actually went to the UK for their training before staying on to work for the NHS.

They've never been 'low benefit' as you call it - everyone working in the NHS gets the same salary for the same job, irrespective of where they come from.

The jobs of NHS support staff and non-medical staff were traditionally done by British people. It's an eternal shame on successive Conservative and Labour governments that so many of these staff get unforgiveably low wages for the jobs they do compared to the spivs and speculators working in banks. But again, I don't believe there is any discrimination in how much these people are paid depending on their background and country of origin, and it is unfair to suggest that there is.
 
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I detest this logic. I'm a remainder and I'm already knuckling down and working hard. And now due to the selfishness and xenophobia of a large group of either poorly educated or poorly advised people my livelihood (in automotive engineering) is likely to get a whole lot harder. My partner and I's plan to start a family is now on hold as there is a fair chance Brexit will cost me my job.

Much easier for me to say than for you to believe, but genuine sympathies if you think your job is at risk.

But I'll repeat what I said earlier - if you think that your job is at risk because you think that your employer is going to be affected by Tariffs ( both into the UK and out of the UK ) for cars and car components, then that really is in the EU's hands. We all know that the UK would happily do a deal tonight to continue Tariff free import / export of vehicles and vehicle components with the EU.

Will the EU accept that ?

Well they might, as Tariffs on vehicle imports / exports between the UK and the EU will almost certainly hurt French / German / Swedish / etc car manufacturers more than the UK car maunfacturers. And certainly truck manufacturers. Cars imported into the EU from Korea, for example, no longer have Import Tariffs.

On the other hand, they might not. As a guide, the EU impose zero Import Tariffs on cars and car components from Korea, but betwen 4% and 10% on cars and components from Japan. They also impose Import Tariffs of 10% on cars and components imported from USA even though in the USA, cars manufactured in the EU have only 2% Import Tariffs - which is obviously what pisses of Trump when he goes on about a level playing field.

So there's no consistency in what the EU does in this respect to think one way or the other what will happen.

I'll wish you good luck - even though I do take exception to your comment of due to the selfishness and xenophobia of a large group of either poorly educated or poorly advised people as the description of people who didn't happen to share the same views as yourself at the Referendum. Such as myself !
 
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[QUOTE="rcoobc, post: 21064945, member: 53729"]Of course there is :lol:
You don't think the UK Government has any say?
:lol: You think it's all a show? Just a massive game being played by every UK Politician to win and lose votes?

I don't want to talk about it, but my job depends on being in the single market (although I'm looking for a new one).

Really don't have a clue what you're on about really.[/QUOTE]


Please educate us then.