Guest 745- Registered: 27 Mar 2012
- Posts: 3,370
#1
The latest government cuts ?
Keith Sansum1
- Location: london
- Registered: 25 Aug 2010
- Posts: 23,948
#2
announcement 1230
ALL POSTS ARE MY OWN PERSONAL VIEWS
Guest 696- Registered: 31 Mar 2010
- Posts: 8,115
#3
These may be the last spending cuts UK, as there are unlikely to be any left to make apart from closing down the State and turning the lights out.
What percentage of the Armed Forces is employed at Buckingham Palace?
A significant percentage, for one family.
Keith Sansum1- Location: london
- Registered: 25 Aug 2010
- Posts: 23,948
#4
cuts will go go into 2015/16
ALL POSTS ARE MY OWN PERSONAL VIEWS
howard mcsweeney1- Location: Dover
- Registered: 12 Mar 2008
- Posts: 62,352
#5
thankfully our bungs to elite greedy chaps in far flung parts are protected.
http://www.bbc.co.uk/news/uk-politics-23053693Guest 696- Registered: 31 Mar 2010
- Posts: 8,115
#6
But not the bankers' salaries and bonuses, Keith.
Keith Sansum1- Location: london
- Registered: 25 Aug 2010
- Posts: 23,948
#7
That's still to be seen
ALL POSTS ARE MY OWN PERSONAL VIEWS
Guest 655- Registered: 13 Mar 2008
- Posts: 10,247
#8
That is ridiculous Alexander.
We still have a massive deficit and the government is still spending far too much. The only part of government that should not be cut is defence.
Keith is right and, in fact, because they have been too so timid in cutting they will almost certainly have to carry on to 2017/18.
The government needs to reduce it functions and do less, it still does far too much. There is a mass of senseless idiotic legislation that was passed that does nothing more than add to business costs and government costs that needs to be repealed, 'gender impact assessments' being one useless example.
Keith Sansum1- Location: london
- Registered: 25 Aug 2010
- Posts: 23,948
#9
ALL POSTS ARE MY OWN PERSONAL VIEWS
Guest 696- Registered: 31 Mar 2010
- Posts: 8,115
#10
Barry, tens of billions of pounds a year have been siphoned out of share companies UK by way of annual bonuses.
This money is detracted
1: from further investment by the share companies into the economy
2: from shareholders' dividends
For the note, banks, but not only banks, are share companies.
Guest 655- Registered: 13 Mar 2008
- Posts: 10,247
#11
#10 is based on your fundamental lack of economic understanding. Businesses need to make profit and those who generate that profit deserve the market reward for that. Their remuneration package is a matter only for the company paying it and the shareholders it is absolutely nothing at all to do with you. This is also nothing to do with what the government spends and how they waste money.
howard mcsweeney1- Location: Dover
- Registered: 12 Mar 2008
- Posts: 62,352
#12
the main problem as i see it is that shareholders take little interest in the companies they have invested in if they are getting a big enough return.
in the cases where they aren't hardly any more interest as evidenced in agm attendances and voting.
Guest 696- Registered: 31 Mar 2010
- Posts: 8,115
#13
So you do not dispute the figures, Barry, that tens of billions of pounds a year of share company profits in the UK have been detracted from company investment and shareholder dividends into bonuses.
It's probably one of the main reasons why the economy is falling apart.
Adding to that, shareholder opposition to super-bonuses has been repeatedly overruled by chief executives in share companies.
Finally, many shareholders have no way of attending meetings or are unaware of how they could go about it.
For example, financial savings institutions invest the money of their savers in shares, but the savers have no way of knowing how the chief executives who manage their savings come to agreements with other share company executives of companies where savings have been invested.
Bonuses are a constant rip-off, they do not go to the average worker to encourage motivation, but to the executives already on top salaries.
Hence our economy is in total disarray.
The fake-socialist and super-elitist T. Blair was no doubt the biggest friend of the money-baggers managing other people's money.
Guest 696- Registered: 31 Mar 2010
- Posts: 8,115
#14
PS.
T. Blair joined a super gravy train after leaving 10 Downing Street, and many share company directors use share companies as a real-time gravy train to becoming multi-millionaires.
It is often compared to theft!
It probably is.
Brian Dixon
- Location: Dover
- Registered: 23 Sep 2008
- Posts: 23,940
#15
yawney yawn alex,half cocked again,be carefull you don't shoot yourself in the foot.its painfull.
Guest 655- Registered: 13 Mar 2008
- Posts: 10,247
#16
Well said Brian. Alexander really needs to try to understand these things more, he really does have a lot of very strange ideas.
Guest 696- Registered: 31 Mar 2010
- Posts: 8,115
#17
So, Barry, you do not dispute the figures then!
You agree that 10s of billions of pounds have left share companies in the UK each year and gone as bonuses mainly to executives.
What about motivating the average worker in the economy, the ones who are not elitists?
PS.: you couldn't really dispute figures that were in the national headlines, could you, Barry?
Guest 655- Registered: 13 Mar 2008
- Posts: 10,247
#18
You have not given any figures Alexander- not real figures. Why dispute 'figures' in a meaningless post. I have tried before to explain how things work in reality but reality is not something you have shown any understanding of, regardless. Do not take too much notice of newspaper headlines either Alexander they are certainly not a good way to understand what is actually going on regardless of what paper it is.
Guest 696- Registered: 31 Mar 2010
- Posts: 8,115
#19
Bonuses are taxed 50%, Barry.
The Treasury cashes in on it, which is why the Government does not want to change the situation.
Likewise, moneylenders charging disproportionate interest rates pay tax on their disproportionate profits, so again the Treasury cashing in.
howard mcsweeney1- Location: Dover
- Registered: 12 Mar 2008
- Posts: 62,352
#20
things must have changed over the years, bonuses used to be taxed the same as the rest of peoples wages.
