Guest 698- Registered: 28 May 2010
- Posts: 8,664
#1898, Keith we all have our own definition of fairness. Helping people to help themselves is the fairest way in my book, while paying people to be idle is deeply unfair to the hard working taxpayers.
I'm an optimist. But I'm an optimist who takes my raincoat - Harold Wilson
Guest 653- Registered: 13 Mar 2008
- Posts: 10,540
Actually Keith, I don't agree with all my Conservative colleagues - not all the time.
Roger
Guest 710- Registered: 28 Feb 2011
- Posts: 6,950
What will become of the phrase, "the hard working taxpayers", now that so much is being made of raising the (income) tax threshold?
Perhaps those that work hard, but get paid so little that they do not pay income tax, can join the ranks of the tax-efficient multi-national to make 'suckers' out of squeezed middle?
Then again, another 'great' advance in the field of taxation is Indirect Taxes, and then there is NI and Council Tax.
On top of all of this, I hear that as much as 60% of those who will be adversely affected by the recent changes to the Benefit System will be those on Tax Credit. That is, those already in work.
Ignorance is bliss, bliss is happiness, I am happy...to draw your attention to the possible connectivity in the foregoing.
Keith Sansum1
- Location: london
- Registered: 25 Aug 2010
- Posts: 23,942
PETER;
Yes we do, and the last part of what you say I share
ROGER;
It's so rare I must have missed it
ALL POSTS ARE MY OWN PERSONAL VIEWS
Guest 716- Registered: 9 Jun 2011
- Posts: 4,010
Cameron and Osborne`s headline grabbing boast that revenue from Banks via their Levy would produce £ 2.5 billion year on
year and would increase in the future has failed for the second year running says the OBR fiscal watchdog.
This is the most recent of all the Cameron headline grabbing boast`s to have failed.
Banks also enjoy millions of pounds in Corporation Tax reductions.
The shortfall amounts to almost £ One Billion.
With the Government still insisting we are all in it together they give 8,000 millionaires and Banks tax cuts whilst millions of
working people are paying the full monty.
Unlike the USA and France who making the rich contribute Flashman looks after the rich.
Keith Sansum1- Location: london
- Registered: 25 Aug 2010
- Posts: 23,942
Well Reg looks like once again well qualified people are speaking out the truth
the divide widening
the mouse being caught out
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howard mcsweeney1- Location: Dover
- Registered: 12 Mar 2008
- Posts: 62,352
Guest 655- Registered: 13 Mar 2008
- Posts: 10,247
Usual anti aspiration bigotry from Reg there in #1905. The French millionaires driven from France will help boost UK Treasury coffers and if we were sensible and reduced the higher rates of tax to under 40p, as we should, then rich Americans would come here too.... I have said it before - to claim that high tax rates for the wealthy means higher tax income to the Treasurty is simply ignorant of reality.
Try looking at this, a totally different story to his interpretation of the banking issue.
http://uk.reuters.com/article/2013/01/03/uk-banks-plan-idUKBRE90206E20130103
Howard - I think you are getting mixed up. Easy to do given how poorly written his posts are without any real narrative. The interesting bit on your link is where it says how the deficit has still shrunk despite lower than expected economic growth.
Guest 716- Registered: 9 Jun 2011
- Posts: 4,010
Triple `A` status may be the next nail...............................
Guest 655- Registered: 13 Mar 2008
- Posts: 10,247
Nothing to say then Reg?
Do you know what AAA means? What the implications would be? Why it is relevant?
Guest 698- Registered: 28 May 2010
- Posts: 8,664
Please Sir, I do.....
I'm an optimist. But I'm an optimist who takes my raincoat - Harold Wilson
howard mcsweeney1- Location: Dover
- Registered: 12 Mar 2008
- Posts: 62,352
pray enlighten us peter we are agog.
Keith Sansum1- Location: london
- Registered: 25 Aug 2010
- Posts: 23,942
Lets watch for the reply
ALL POSTS ARE MY OWN PERSONAL VIEWS
Brian Dixon
- Location: Dover
- Registered: 23 Sep 2008
- Posts: 23,940
it's a duracell battery.
howard mcsweeney1- Location: Dover
- Registered: 12 Mar 2008
- Posts: 62,352
i am sure that many are as confused as me, triple aaa suggests a wonderful economy that people should be happy to throw money at in the certainty it would come back with knobs on .
we are led to understand that alistair and prudent gordon left the economy in a parlous state!
Guest 698- Registered: 28 May 2010
- Posts: 8,664
Actually it would make very little difference.
http://www.channel4.com/news/what-would-happen-if-britain-lost-its-aaa-status
The harm was done when the rating agencies put us on negative outlook.
I'm an optimist. But I'm an optimist who takes my raincoat - Harold Wilson
Keith Sansum1- Location: london
- Registered: 25 Aug 2010
- Posts: 23,942
The only thing with these type of statements is that you will find other financial afvisors/experts giving the complete opposite opposite opinion
time will tell who is correct
ALL POSTS ARE MY OWN PERSONAL VIEWS
Guest 698- Registered: 28 May 2010
- Posts: 8,664
Keith the difference between AAA and AA+ is like the difference between a Rolls and a Bentley. Still within an elite group of countries.
I'm an optimist. But I'm an optimist who takes my raincoat - Harold Wilson
Guest 698- Registered: 28 May 2010
- Posts: 8,664
Keith, financial market pricing (according to economic theory) is driven by the balance of supply and demand. But supply and demand are themselves driven by fear and greed.
Better a AA+ with stable outlook than a AAA on negative credit watch. Fact, not opinion.
I'm an optimist. But I'm an optimist who takes my raincoat - Harold Wilson
Keith Sansum1- Location: london
- Registered: 25 Aug 2010
- Posts: 23,942
There was some interesting views from that financial geezer
There will be other financial geezers saying the opposite was my point
ALL POSTS ARE MY OWN PERSONAL VIEWS