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Austerity / Economy

Posted: Wed Aug 21, 2024 12:29 pm
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.

Re: Austerity / Economy

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

Don't say I didn't warn you.

Re: Austerity / Economy

Posted: Wed Aug 21, 2024 12:52 pm
by BoniO
Tax the Corporations and mega-rich bastards and it will be a whole lot better.

Re: Austerity / Economy

Posted: Wed Aug 21, 2024 1:27 pm
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.

Re: Austerity / Economy

Posted: Wed Aug 21, 2024 1:46 pm
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?

Re: Austerity / Economy

Posted: Wed Aug 21, 2024 1:49 pm
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?

Re: Austerity / Economy

Posted: Wed Aug 21, 2024 1:51 pm
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/

Re: Austerity / Economy

Posted: Wed Aug 21, 2024 1:52 pm
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

Re: Austerity / Economy

Posted: Wed Aug 21, 2024 1:52 pm
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.....

Re: Austerity / Economy

Posted: Wed Aug 21, 2024 2:25 pm
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.

Re: Austerity / Economy

Posted: Wed Aug 21, 2024 2:27 pm
by Hoover Attack

Re: Austerity / Economy

Posted: Wed Aug 21, 2024 2:30 pm
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.

Re: Austerity / Economy

Posted: Wed Aug 21, 2024 2:38 pm
by Brigs

Re: Austerity / Economy

Posted: Wed Aug 21, 2024 2:46 pm
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.

Re: Austerity / Economy

Posted: Wed Aug 21, 2024 2:53 pm
by Long slender neck
Tuff ask for that boarder.

Re: Austerity / Economy

Posted: Wed Aug 21, 2024 2:54 pm
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.

Re: Austerity / Economy

Posted: Wed Aug 21, 2024 3:07 pm
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

Re: Austerity / Economy

Posted: Wed Aug 21, 2024 3:10 pm
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.

Re: Austerity / Economy

Posted: Wed Aug 21, 2024 3:12 pm
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.

Re: Austerity / Economy

Posted: Wed Aug 21, 2024 4:49 pm
by Currywurst and Chips
Benefits Britain under Labour, shocker

Re: Austerity / Economy

Posted: Wed Aug 21, 2024 5:52 pm
by Max B Gold

Re: Austerity / Economy

Posted: Wed Aug 21, 2024 5:55 pm
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

Re: Austerity / Economy

Posted: Wed Aug 21, 2024 5:59 pm
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?

Re: Austerity / Economy

Posted: Wed Aug 21, 2024 6:00 pm
by Currywurst and Chips
The same people shouting “TaX the RIch” are the people who were happy to give winter fuel payments to billionaires

Re: Austerity / Economy

Posted: Wed Aug 21, 2024 6:27 pm
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.