Austerity / Economy

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Austerity / Economy

Post by Long slender neck »

https://www.bbc.co.uk/news/articles/cq5d3xjl764o

Will it ever end? How can public services cost so much when they've been cut for the last decade and half? We seem to be in an economic mess and I dont see a way out, especially with an ageing population.
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Re: Austerity / Economy

Post by Max B Gold »

Vote Labour get Tories.

Don't say I didn't warn you.
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Re: Austerity / Economy

Post by BoniO »

Tax the Corporations and mega-rich bastards and it will be a whole lot better.
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Re: Austerity / Economy

Post by LittleMate »

BoniO wrote: Wed Aug 21, 2024 12:52 pm Tax the Corporations and mega-rich bastards and it will be a whole lot better.
Taxing the mega rich has been tried. It did not work; they just took their money elsewhere.

Its a great idea to tax the corporations, but they are multi-nationals and will shift the focus of their businesses away from the UK and the quality of whats on offer to uk citizens will either decline - or their cost will increase.

A better way to bring down costs is to make corporations compete more. They are then more likely to consume one another's profits in an attempt to get more market share. Governments should concentrate on making positive environments for companies to thrive whilst protecting employee rights. Anything more is interfering in business - which they know very little about.
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Re: Austerity / Economy

Post by Admin »

LittleMate wrote: Wed Aug 21, 2024 1:27 pm
BoniO wrote: Wed Aug 21, 2024 12:52 pm Tax the Corporations and mega-rich bastards and it will be a whole lot better.
Taxing the mega rich has been tried. It did not work; they just took their money elsewhere.

When did this happen?
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Re: Austerity / Economy

Post by Long slender neck »

Max B Gold wrote: Wed Aug 21, 2024 12:48 pm Vote Labour get Tories.

Don't say I didn't warn you.
Anyone in power would have inherited the same situation. Is there something another party would have done differently?
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Re: Austerity / Economy

Post by BoniO »

LittleMate wrote: Wed Aug 21, 2024 1:27 pm
BoniO wrote: Wed Aug 21, 2024 12:52 pm Tax the Corporations and mega-rich bastards and it will be a whole lot better.
Taxing the mega rich has been tried. It did not work; they just took their money elsewhere.

Its a great idea to tax the corporations, but they are multi-nationals and will shift the focus of their businesses away from the UK and the quality of whats on offer to uk citizens will either decline - or their cost will increase.

A better way to bring down costs is to make corporations compete more. They are then more likely to consume one another's profits in an attempt to get more market share. Governments should concentrate on making positive environments for companies to thrive whilst protecting employee rights. Anything more is interfering in business - which they know very little about.
You can't just discount taxing the rich in a single sentence. The gap between the poorer and the mega-rich is widening in the UK. These guys seem to have a good approach.

https://taxjustice.uk/
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Re: Austerity / Economy

Post by LittleMate »

Admin wrote: Wed Aug 21, 2024 1:46 pm
LittleMate wrote: Wed Aug 21, 2024 1:27 pm
BoniO wrote: Wed Aug 21, 2024 12:52 pm Tax the Corporations and mega-rich bastards and it will be a whole lot better.
Taxing the mega rich has been tried. It did not work; they just took their money elsewhere.

When did this happen?
1970's
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Re: Austerity / Economy

Post by LittleMate »

BoniO wrote: Wed Aug 21, 2024 1:51 pm
LittleMate wrote: Wed Aug 21, 2024 1:27 pm
BoniO wrote: Wed Aug 21, 2024 12:52 pm Tax the Corporations and mega-rich bastards and it will be a whole lot better.
Taxing the mega rich has been tried. It did not work; they just took their money elsewhere.

Its a great idea to tax the corporations, but they are multi-nationals and will shift the focus of their businesses away from the UK and the quality of whats on offer to uk citizens will either decline - or their cost will increase.

A better way to bring down costs is to make corporations compete more. They are then more likely to consume one another's profits in an attempt to get more market share. Governments should concentrate on making positive environments for companies to thrive whilst protecting employee rights. Anything more is interfering in business - which they know very little about.
You can't just discount taxing the rich in a single sentence. The gap between the poorer and the mega-rich is widening in the UK. These guys seem to have a good approach.

https://taxjustice.uk/
Nor can you tax them in a single sentence.....
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Re: Austerity / Economy

Post by Hoover Attack »

BoniO wrote: Wed Aug 21, 2024 12:52 pm Tax the Corporations and mega-rich bastards and it will be a whole lot better.
It really is that easy.
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Re: Austerity / Economy

Post by Hoover Attack »

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Re: Austerity / Economy

Post by Hoover Attack »

LittleMate wrote: Wed Aug 21, 2024 1:27 pm
Taxing the mega rich has been tried. It did not work; they just took their money elsewhere.
Their 'money' isn't sitting in bank accounts. It's in houses and factories and shopping centres and commercial office space and businesses and other real, tangible, fixed assets that you can't just pick up and take with you to the Cayman Islands or Monaco.

Tax them on their wealth.
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Re: Austerity / Economy

Post by Brigs »

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Re: Austerity / Economy

Post by Admin »

Brigs wrote: Wed Aug 21, 2024 2:38 pm
If you're going to put these videos up, can you at least be arsed to summarise the content as I can't be f*cked to listen to Nick Ferrari.
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Re: Austerity / Economy

Post by Long slender neck »

Tuff ask for that boarder.
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Re: Austerity / Economy

Post by Admin »

LittleMate wrote: Wed Aug 21, 2024 1:52 pm
Admin wrote: Wed Aug 21, 2024 1:46 pm
LittleMate wrote: Wed Aug 21, 2024 1:27 pm

Taxing the mega rich has been tried. It did not work; they just took their money elsewhere.

When did this happen?
1970's
The decade which saw the lowest wealth inequality.
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Re: Austerity / Economy

Post by Brigs »

Admin wrote: Wed Aug 21, 2024 2:46 pm
Brigs wrote: Wed Aug 21, 2024 2:38 pm
If you're going to put these videos up, can you at least be arsed to summarise the content as I can't be f*cked to listen to Nick Ferrari.
You're not listening to Ferrari.
It's a caller propsing how to raise £20billion in tax quite simply without making hugely offensive rises for everyone. Ferrari is stunned by its simplicity & for probably the 1st time in his life doesn't have much to say
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Re: Austerity / Economy

Post by Max B Gold »

Long slender neck wrote: Wed Aug 21, 2024 1:49 pm
Max B Gold wrote: Wed Aug 21, 2024 12:48 pm Vote Labour get Tories.

Don't say I didn't warn you.
Anyone in power would have inherited the same situation. Is there something another party would have done differently?
The UK is now a post-democratic de facto one party state in which elections, rather than offer choice, in fact function as a ritual act of legalistic deference to the political class.
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Re: Austerity / Economy

Post by Max B Gold »

Hoover Attack wrote: Wed Aug 21, 2024 2:30 pm
LittleMate wrote: Wed Aug 21, 2024 1:27 pm
Taxing the mega rich has been tried. It did not work; they just took their money elsewhere.
Their 'money' isn't sitting in bank accounts. It's in houses and factories and shopping centres and commercial office space and businesses and other real, tangible, fixed assets that you can't just pick up and take with you to the Cayman Islands or Monaco.

Tax them on their wealth.
Correct. But why stop at taxing them. disposse them by any means necessary.
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Re: Austerity / Economy

Post by Currywurst and Chips »

Benefits Britain under Labour, shocker
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Re: Austerity / Economy

Post by Max B Gold »

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Re: Austerity / Economy

Post by RedDwarf 1881 »

BoniO wrote: Wed Aug 21, 2024 12:52 pm Tax the Corporations and mega-rich bastards and it will be a whole lot better.
The only problem with that is the mega rich bastards piss off like Richard Branson and live in the Virgin Islands
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Re: Austerity / Economy

Post by Admin »

Brigs wrote: Wed Aug 21, 2024 3:07 pm
Admin wrote: Wed Aug 21, 2024 2:46 pm
Brigs wrote: Wed Aug 21, 2024 2:38 pm
If you're going to put these videos up, can you at least be arsed to summarise the content as I can't be f*cked to listen to Nick Ferrari.
You're not listening to Ferrari.
It's a caller propsing how to raise £20billion in tax quite simply without making hugely offensive rises for everyone. Ferrari is stunned by its simplicity & for probably the 1st time in his life doesn't have much to say
Thanks. Can you do this in future please?
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Re: Austerity / Economy

Post by Currywurst and Chips »

The same people shouting “TaX the RIch” are the people who were happy to give winter fuel payments to billionaires
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Re: Austerity / Economy

Post by LittleMate »

Hoover Attack wrote: Wed Aug 21, 2024 2:30 pm
LittleMate wrote: Wed Aug 21, 2024 1:27 pm
Taxing the mega rich has been tried. It did not work; they just took their money elsewhere.
Their 'money' isn't sitting in bank accounts. It's in houses and factories and shopping centres and commercial office space and businesses and other real, tangible, fixed assets that you can't just pick up and take with you to the Cayman Islands or Monaco.

Tax them on their wealth.
And those houses, factories and shopping centres(!) are probably already held in overseas companies. If they have the latter they would probably be getting a tax rebate anyway. Can't give away centres, or space in centres, atm.
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