howard mcsweeney1- Location: Dover
- Registered: 12 Mar 2008
- Posts: 62,352
all conference hot air alex, they know nothing will come of it but makes them look like the caring party.
a million quid does not always buy a mansion, the whole concept is just a gimmick.
Brian Dixon
- Location: Dover
- Registered: 23 Sep 2008
- Posts: 23,940
my tool shed cost a million quid alex,will i have to pay mansion tax on that i wonder.
Guest 696- Registered: 31 Mar 2010
- Posts: 8,115
Well then let's look at Labour.
According to citywire-money, in a recent statement earlier this month, Shadow chancellor Ed Balls "has laid out Labour's plans to introduce a permanent wealth tax".
The LibDems had been campaigning for an emergency tax on the wealthy, but, following the same source, "Balls dismissed the idea of a temporary tax in an interview with the Independent as 'not in the real world', and said Labour could make a long-term shift away from taxation of income towards taxation of wealth."
Ed Balls has also suggested he would look at Vince Cable's idea for a mansion tax on properties worth at least £2 million.
So here we are, a rather more constructive case, and this should go to show that what I've been writing about in the past, with regards to a wealth tax, has now become standing campaigning policy among both Labour and the LibDems.
Guest 745- Registered: 27 Mar 2012
- Posts: 3,370
A wealth tax will never happen ,its just more bull .....
They could improve the wealth of the majority, if they come up with a level labour market for British workers.
Band the parasitical employment agencies.
And Kick out the cheep immigrant labour, and ban goods from china .
Guest 649- Registered: 12 Mar 2008
- Posts: 14,118
Very true Mr Bibby sir,and that is what they should do.
Guest 655- Registered: 13 Mar 2008
- Posts: 10,247
Once again Keith (B) a recipe for economic disaster, reducing company competitiveness and creating a trade war from which we can only lose.
howard mcsweeney1- Location: Dover
- Registered: 12 Mar 2008
- Posts: 62,352
Guest 745- Registered: 27 Mar 2012
- Posts: 3,370
What company competitiveness, and trade Barry?
All our producing industries have been shut down, because of slave labour working conditions in china and India, unless of cores you'd like to see these working practises in the UK.
We sell more to the Irish than we do to china ,It's a one way street
Maybe you're thinking about the business people that are getting rich by importing the cheep china-Indian goods, they then sell on to us for a big profit,
On the money we have borrowed, I may ad
And we are running a 55bilion trade deficit with the EU ,I would say we are already in the economic disaster you speak of.
Guest 655- Registered: 13 Mar 2008
- Posts: 10,247
Keith(B)
Please catch up with what goes on in the actual economy. You might also look at the lessons of history as well.
There are many companies producing and trading worldwide and with great success and protectionism has always been a disaster.
The lessons are there.
We have a serious economic situation now, one caused by government(s - not just the UK) taxing, spending and interfering too much, your ideas would make things far far worse.
Seeing you speak a lot on economic matters, I trust that you and the others on the forum who do so watched the programmes about the opposing economists, Keynes and Hayak, taking such an interest in these matters as you do. If so you will see how the problems in our economy have been brought about by government even from two such opposing viewpoints.
Guest 649- Registered: 12 Mar 2008
- Posts: 14,118
Again Mr Bibby you are right,I see Mr Williams will not take you on.
Guest 696- Registered: 31 Mar 2010
- Posts: 8,115
Mr. Bibby, Barry does not care for trade deficits, believes we should have a massive trade deficit with Communist China, and calls my ideas communism.
Although, I too think we should level out the trade deficit with ... erm ... Communist China.
Mr. Vic seems to like your straight forward views, too.
And you, Mr. Barry, may like to catch up with the term: protectionism.
Communist China applies protectionism on such a massive scale, that it makes the mind boggle. Such as artificially keeping their currency low so as to make their already cheap products even cheaper, so that one could even pay peanuts to buy them.
Sire!
Guest 725- Registered: 7 Oct 2011
- Posts: 1,418
The trouble is that Nick Pleb, erm sorry Clegg, has fixated his ideas for a wealth tax on the most vulnerable in our society namely the elderly which is most odd coming from a Man who professes to stand up for minorities, the sick and the old.
So what we are witnessing from the tofu munchers is merely another panic driven drive to come up with a policy popular with students, reconstructed socialists (environmentalists), don't know which way to voters, Independent readers but not independent thinkers and other hopeless cases, an idea which will have a half life of less than one day - in other words as long as the liberal conference.
Not content with pretending to run a country and knowing that they are as popular as brut aftershave in a spacesuit, or words to that effect, it's panic time.
They know that the usual motions of legalising pot or making it compulsory for every cinema from Lands end to John o groats to have three matinee perfomances highlighting the fortunes of peasant husbandry in the 1960's in some far off place (black and white of course) will no longer cut it so they have to be seen to be doing something no matter how stupid or hopeless the idea.
Of course in the real world the conservatives are doing a splendid job of taxing us all to death without the help of the liberals.
Drinking, smoking, wind farms, overseas aid are the first that spring to mind but there are thousands more and thousands yet to be invented.
Hooray for the lib dems I say. At least they give us all a laugh in this world of trouble and turmoil.
I'd love a liberal conference every Saturday night to watch on the box - it beats Strictly for laughs and always makes plebs like me feel superior.
Guest 696- Registered: 31 Mar 2010
- Posts: 8,115
Yes but Philip, Labour have also just announced they'll tax the wealthy, and will gradually transfer taxes from income to accumulated assets.
That makes two parties. The Tories will probably follow suit.
Perhaps you are forgetting that the Tories want to introduce more spending cuts, and that so far, according to their programme, only 20% of the planned spending cuts have been put into effect.
For the first time ever we are beginning to see a hoo and cry from the rich, because until now they think only the "others" can undergo the effects of austerity measures.
Yes OK, may-be some will threaten to up and go to another country with their riches, but these are just reactions, outbursts, if you like hysterical shouts. But even if the odd one lands in Spain with their money-bags on their shoulders, they might scarper at the first sight of rubber bullets being fired by the Police at angry protesters in Madrid demonstrating against austerity, and quickly return to Mother England.
So yes, we can expect a few aristocratic outbursts at the inevitable, at a looming Wealthy Taxy, but so what!
As a commoner, I'd say: who's bovvered!
Guest 696- Registered: 31 Mar 2010
- Posts: 8,115
Just read your link, Howard.
Well, with Labour at 41%, the LibDems at 14%, but poised to reach 19% if Vince Cable became party leader, and the Tories down to 31%, that looks like a 60% Labour-Liberal Democrat majority then.
Seems Vic's UKIP isn't equaling the LibDems after all.
Conservatives + UKIP would be 39%, still far from a majority.
Well boo bang wibbely wang, where was then the gentleman?
Sorry Barry and Vic, Bye!
Guest 696- Registered: 31 Mar 2010
- Posts: 8,115
Did a bit more reading from Howard's link:
"But if the leadership reins passed to Cable - who on Monday distinguished himself from his leader by speaking to the conference about "social democratic values"
This goes to show that by simply saying: "spending cuts spending cuts, deeper and faster and more of the same...but don't touch the rich", is of no service to the Conservatives, who are rapidly approaching the 20s ranking in the percentage rates of all polls.
So I foresee a change of heart in Tory policy, a rupture from Barry and Osborne's Ice Age policies of Elite Humpty Dumpty s'at from the wall...and everyone else had a great fall.
Oh, and then there's UKIP's 6%. Best of luck, Vic
Guest 655- Registered: 13 Mar 2008
- Posts: 10,247
Good god - bonkers stuff here. Politically naive and economically ignorant from Alexander.
Alexander. Nothing except experience can do anything about political naivety and that is no crime, but at least find out something about economics if you are going to speak on it. You are just repeating the most crazy stuff. The easiest way will be to watch the 'Master of Money' programmes, I am sure you can still get them on the internet and you can find out about the competing economic models of Keynes and Hayek. Right now it is just not worth engaging with you at all.
By the way - Communist China is not communist any more, except in nominal terms. They are having an economic boom created by their abandoning communism and introducing free enterprise and capitalism on the Hong Kong model (given to them by the British...)
Brian Dixon- Location: Dover
- Registered: 23 Sep 2008
- Posts: 23,940
and now china is slowing down as well.
Guest 655- Registered: 13 Mar 2008
- Posts: 10,247
Correct Brian and I have mentioned this before.
It is in fact a very healthy development in a maturing economy. It had massive investment led growth initially and is now transitioning to a consumer led growth. This is good news for us and is long term more sustainable. I suspect though the next step could be a demand for more democracy and a more open society so now even the old communist leadership may well go the same way as the old communist economy.
howard mcsweeney1- Location: Dover
- Registered: 12 Mar 2008
- Posts: 62,352
the cry from china will probably be for a decent social security system, at present the elderly are left to rot.
the system of only having one child per family has led to there being no-one to look after the old when they cannot work anymore.
Guest 745- Registered: 27 Mar 2012
- Posts: 3,370
The chinks have got a big war chest , so maybe they will have a go at the japs ,
That should reduce the numbers.
We will regret the day we let them sell their cheep, slave labour goods all over the Weston word
I am not talking about protectionism Barry; I am talking about stopping trade with Countries
That do not trade on a level playing field
Modem societies cannot compete with slave labour economies .
