PedroMendez
Acolyte
noAre you one of these types that would like a x percentage tax (i.e. 30%) across the board?
noAre you one of these types that would like a x percentage tax (i.e. 30%) across the board?
So aside from the rich hiding their money away like squirrels during the last days of autumn, or moving it abroad... what are these negative consequences?I am in principle for a much simpler tax code and one that is less distortive. Let’s not have the debate why some specific forms of taxation suck. That does not lead us anywhere. All I can say is that I am absolutely convinced that inherence and wealth taxes are a truly horrible idea, that have many unintended effects, that nobody wants.
Just been to vote in the local elections, outside the polling station there where kids dressed in Karate Suits, I can only assume they are doing it to protest the unfortunately large UKIP vote in the area, by demonstrating how foreign cultures have had a great influence on our society, for instance the introduction of the noble sport of Karate……… either that or they use the school for weekly Karate classes, I like to think its the former.
Political scientist Professor John Curtice says on the basis of the key wards in so far - from Cumbria, Gloucestershire and Essex - there appears to be a very strong swing from Labour to the Conservatives, compared with 2013.
"On average, it is currently running at 9%, a swing that is certainly in line with the claim of the opinion polls that the Conservatives enjoy a substantial double-digit lead over Labour in popularity across the UK as a whole," he says.
- There is a very substantial swing from Labour to the Conservatives which is currently averaging some nine points. If this continues this will point towards a strong double-digit Conservative lead over Labour across the country as a whole
- The UKIP vote is collapsing heavily and so far is down on average by 15 points in wards they fought this time and last time
- The Lib Dem performance is very patchy but at the moment suggests that the party may not be doing significantly better than they did in 2013. There is little sign here of the much touted Lib Dem revival
- These voting patterns are clearly reflected in the pattern of gains and losses so far with Labour losing more than half the seats it's trying to defend - while the Conservatives have already made net gains
- The Lib Dems have lost six seats in England, while UKIP had lost every single one of the 9 seats it was trying to defend
- Meanwhile, the Conservatives have won control of Warwickshire and look likely to do so in Lincolnshire
Looking like this is the end for UKIP, they can take off their suits and join the BNP on the fringe racist corner.It's basically a Tory wave. UKIP and Labour drowning.
Average returns across the global market is 7% a year. Hedge funds should beat that, or aren't really doing their jobs.
40% inheritance tax is too high, but one years average returns is too little.
Where you levy taxes doesn’t determine who actually has to bear the costs. That is undisputed and 100% established fact. Consequently, some slogans like “higher taxes for corporations/big companies” sound great, but the costs of these taxes are not bearded by who you think - at least not to a significant part. That’s something that gets almost completely ignored in the public debate about corporate tax codes.
I am for lower taxes, but I recognise that there are also reasonable arguments for higher taxes. Many politicians who campaign for lower taxes base their arguments on nonsense. So I might agree with them, but I am still annoyed but much of their reasoning. That’s why I happily concede, that raising income tax rates (or reversing some former cuts) is certainly not destroying the economy. That kind of scaremongering is obviously wrong and not helpful. These decisions are always about trade-offs and it would be great if both sides were able to concede that these things are not entirely one-sided.
I am in principle for a much simpler tax code and one that is less distortive. Let’s not have the debate why some specific forms of taxation suck. That does not lead us anywhere. All I can say is that I am absolutely convinced that inherence and wealth taxes are a truly horrible idea, that have many unintended effects, that nobody wants.
sigh, the problem with England is its full of monumental idiots.
Look at this man
Think the mayor elections are the big ones, i cant see the rest of the results having much relevance.
One to the tories on that so far. Manchester has to be Burnham
This election is going to be a massacre.![]()
For who?https://yougov.co.uk/news/2017/05/01/why-local-elections-are-not-useful-indicators-nati/
I really wouldn't use the council elections as any kind of barometer, the closeness of the two votes can only feck things over further.
The trend away from UKIP is likely to be repeated in the general which is a good thing.
This. Used to think I was living in a very progressive open country. Last 18 months has been a shock to the system. Now realise we are no different from the Yanks I used to make fun of.I've definitely been less happy since I cared about politics. It's the recurring realisation that most of the country has very different views that hurts.
What an utterly selfish post. And says more about the left then anything else I've read on this thread.
You should be ashamed to wish harm on others just to get your own way.
I can understand, almost, voting Tory at national level (safer with economy etc. etc.), but at local level? Do these people not realise what will happen to social care and healthcare in their respective regions? Madness. Turkeys voting for Christmas.
For who?
So aside from the rich hiding their money away like squirrels during the last days of autumn, or moving it abroad... what are these negative consequences?
And why are they so profound compared to the negative consequences of various taxes of income which current stand at nearly 55% in the uk for the highest earners when taking into account various national insurance contributions.
Not sure when the Tpries have taken the party over because they're doing those things themselves.The national discourse. Id rather not have their kind spreading hate and whipping up their voter base further. Okay it'll help the tories but they're winning either way.
Prepare for more of this in June, no way he's ceding control of the party without fecking it over a little bit more first. "Some people were talking about us falling to 120 seats" etc.Well, shit, have a cigar mate, well done.
McDonnell is such a tosser.
Not sure when the Tpries have taken the party over because they're doing those things themselves.
You mean Burka?The Government is pushing for the brake ban too now? I'd have expected even Corbyn to make more out of that one.
Without doubt. It was a hugely unpopular change, has funnelled traffic through the centre of Walthamstow solely onto two main (already busy) roads, while businesses in the cycling-friendly zones have been hit as drivers can no longer park near their shops. There have been multiple protests at the town hall about it, though I know nothing of their size. Labour rule the council so any backlash would obviously be directed at them and Stella. My Dad won't be voting for her due to a combination of that + Corbyn.^ Hopefully Manchester's experience with elected mayors goes better than London's.
@ThierryHenry - Do you think Creasy will lose any votes in response to the somewhat controversial cycling scheme being created there? Not enough to overhaul such a majority of course, but it seems to be a very marmite issue in those parts of London where it is being introduced.