Guest 651- Registered: 12 Mar 2008
- Posts: 5,673
Ah it's voluntary then for people to hand over 75% of their cash then !!
Why not write a letter to the government and suggest your grand scheme
Been nice knowing you :)
Guest 655- Registered: 13 Mar 2008
- Posts: 10,247
Alexander. I think people can judge exactly that you are advocating theft and who is speaking rubbish.
Guest 696- Registered: 31 Mar 2010
- Posts: 8,115
Barry, I haven't got any incomes to squirrel away and don't cheat the taxman.
Guest 671- Registered: 4 May 2008
- Posts: 2,095
BarryW. #53
Nothing new there then, cherry-picking yet again.
Even your responce to my #52 simply proves you do not actually read my posts.
"My New Year's Resolution, is to try and emulate Marek's level of chilled out, thoughtfulness and humour towards other forumites and not lose my decorum"
Guest 655- Registered: 13 Mar 2008
- Posts: 10,247
Gary - I responded to exactly what you said in #52 - directly.
If you think not then consider your own communication and/or understanding of what is being said. #50 demonstrates to everyone exactly what I refer to, as I say in #53 you must work very hard to create insults based on nothing at all and I note that you still have not clarified that absurd claim about being insulted. It is there and obvious now to all exactly what is going on.
Keith Sansum1
- Location: london
- Registered: 25 Aug 2010
- Posts: 23,942
boys please play nicely
barryw/scotchie whilst i disagree with most of alexanders misguided views
he has a right to post them
garyc i dont think barryw is ever going to come on board but keep up the good work
ALL POSTS ARE MY OWN PERSONAL VIEWS
Guest 651- Registered: 12 Mar 2008
- Posts: 5,673
Keith - I think "misguided views" sums it up well !! Keep them coming Alexander they do provide entertainment
Been nice knowing you :)
Keith Sansum1- Location: london
- Registered: 25 Aug 2010
- Posts: 23,942
We can play nicely without falling out scotchie
ALL POSTS ARE MY OWN PERSONAL VIEWS
Guest 696- Registered: 31 Mar 2010
- Posts: 8,115
Paul, you ought to take into consideration that I haven't posted anything that would require either you or Barry W paying up money! There is nothing in my posts that is damaging to the incomes of any person on this Forum.
If Barry has a passion to defend the super-rich, and I have one to defend the majority of people in this Country from poverty and bankruptcy, and Barry keeps obsessively calling this rubbish and theft, perhaps he's defending the interests of some people in society who he believes have the right to hoard riches and financial assets...but....
.....he's not defending MY interests!
Whereas I AM!!! OK!
Guest 651- Registered: 12 Mar 2008
- Posts: 5,673
Phew I can stop panicking now
Does it work the other way - if I have negative equity can I get some money back ???!!
Been nice knowing you :)
Guest 703- Registered: 30 Jul 2010
- Posts: 2,096
Alexander, if someone has earned their money legally and have paid taxes as required on it, why should it not be up to them whether they keep it as cash assets, spend it on capital assets, just booze it away or do whatever else they fancy with it?
And maybe you should be careful about saying you're not annoying anyone on here as you're only after the super-rich, you never know!
Guest 655- Registered: 13 Mar 2008
- Posts: 10,247
Alexander - I have a passion for economic truth and throwing light on a subject clearly not understood by the vast majority of people. This is nothing to do with the rich, super rich or anyone - but the simple facts. Your problem is that you are full of student debating room theories and ideas that are downright dangerous and would destroy the economy of any country daft enough to implement them.
Guest 696- Registered: 31 Mar 2010
- Posts: 8,115
Ray, rather than going around in circles chasing a tail, let's try again the following:
we have a Public Debt, right? It needs servicing each year (or day) to pay the interest.
While I don't know the exact figures of this Public Debt interest, it surely goes in the tens of billions of pounds a year.
Our taxes pay this interest, and because so much money goes to pay the interest on the Public Debt, I feel that my business and my livelihood is endangered through financial burdens on the State, of which I am a part.
Hence my point, we are all part of the British Public, and some people in the Public have hoarded extreme financial wealth in the form of private assets, anything from tens of millions to hundreds of millions of pounds in value EACH, and I believe they have a responsibility towards the Public Debt much more than most others of us do, having hoarded the Economy's wealth in an incredible and humanely unlikely manner.
The Government has said that we are all in this together, and so I am expressing a view that makes sense with declared Government principles, as it is plain to see we are not all in this together!
In fact, I am of the opinion that much of the interest the State is paying from our taxes to service the Public Debt, is actually going to the super-rich who have hoarded so many assets!
In a similar way that the Quantitative Easing money-printing of hundreds of billions of pounds has gone almost exclusively to the benefit of wealthy people.
This is all a case of the rich getting richer.
Guest 655- Registered: 13 Mar 2008
- Posts: 10,247
People who are rich are not hoarding 'the economy's wealth'. It is their own wealth, no-one elses and it will actually be invested in the economy. Invested in businesses including small businesses via VCTs, EIS and AIM companies not to mention ISAs and pensions. Much too will be spent buying goods and services on which many jobs depend. If you want to deprive businesses of £billions of investment from our domestic 'super rich', to also scare away new investment from overseas, to drive people abroad with their tax revenues then you will do so if your weird ideas became reality. Then you really will endanger your own business and livelihood and mine along with everyone elses.
You just do not seem to grasp the terrible impact of what you would suggest which would be far worse than anything happening now.
Guest 698- Registered: 28 May 2010
- Posts: 8,664
Après Alexander, le deluge.
I'm an optimist. But I'm an optimist who takes my raincoat - Harold Wilson
Guest 696- Registered: 31 Mar 2010
- Posts: 8,115
Absolutely not the case, Barry!
No companies would be deprived of their investments.
Assets usually reap a profit, but the profit always goes to the asset's owner.
The super-rich are reaping the profits of many assets, which is why a person with, say, 1 hundred million pounds in private assets, is likely to earn another 1 hundred million pounds in 5 years. Their profit does not go to the economy, nor to companies and businesses, but to them alone.
The profits of a share-company's assets, on the other hand, go to the share-company (providing the chief executives don't siphon it all off in bonuses).
For which reason I haven't advocated confiscating companies' assets, or the assets of businesses in general.
For the record, I've also stated in the past that companies' profits, once the tax has been paid, should be paid as dividends to the share-holders, and NOT as bonuses to the chief executives who already receive a top salary from the company.
My visions of economy are fair and to the benefit of all people who are part of society.
The present system has driven our Country into bankruptcy.
Many countries in Europe are bankrupt.
It is worthy of note that you never mention in your replies, Barry, the Public Debt I keep referring to.
The public debt is the reason why Greece, Ireland and Portugal sought bailouts.
When a country, such as Greece, has to resort to 34% interest rates on 10 year bonds, then the game is long over. Spain and Italy are both in need of a bailout, and each of these countries is battling to keep the yield on 10 year bonds under the 7% mark.
All these mentioned countries are in a state - or near-state - of insolvency, because they cannot service the interest rates on their already existing public debt, and end up selling bonds for even greater interest yields just so as to get the money to pay the INTEREST on already existing bonds. The game by then is long OVER!
So how come you keep avoiding my reference to the Public Debt?
Because you know I am right, and will not admit it!
Guest 651- Registered: 12 Mar 2008
- Posts: 5,673
I bow to your financial expertise Alexander..... .....
Been nice knowing you :)
howard mcsweeney1- Location: Dover
- Registered: 12 Mar 2008
- Posts: 62,352
now now paul.
Guest 703- Registered: 30 Jul 2010
- Posts: 2,096
My flabber has been gasted so much I need to go and lie down
Guest 655- Registered: 13 Mar 2008
- Posts: 10,247
