Inequality

[AngryOfTuebrook]

2 hours ago, Bobby Hundreds said:

Yet there's trillions sat in offshore accounts. I'm all for people being very wealthy but avoiding taxes so you take all that wealth out of society and then don't want to contribute back like everybody else does in order to make countries better places to live in including for yourself is fucked up and its destroying society.  The worst thing though is using all that cash and influence to lobby and manipulate policy so the few can take even more and pay even less at the expense of every body else. Rigging society in your favour.  The fact it is how it is shows that we have mostly elected shitty people who don't give a fuck. There's a lot of talentless people in politics earning more than they ever could without it, climbing ladders their intelligence or charisma wouldn't get them within a million miles of usually. Look at George Osborne the amount of high paid jobs and positions he gets that he is massively under qualified to do.  Now he's either being rewarded for services rendered to his puppet masters or he's no different than Jordan being used to flog yoghurt, his name provides exposure.

 

I hate this notion of wealth creator, job creator like I created this business to provide jobs. No you created this business for yourself but you can't do it all by your fucking self. The second these self proclaimed job creators can automate your shit cheaper they will do it in a heartbeat and then lobby against welfare, healthcare, a basic income or anything that might diminish their yearly profit, most the pricks like the patriot Dyson fuck off the second they see a workforce they can exploit even more.

 

I believe in capitalism at least a form of it, at the very least where people pay their fucking taxes and democratic decisions are made in the interest of what works, what's sustainable whats best for the people and the planet rather than some fucking billionaire who wants the right to exploit, pollute, bully and monopolise whatever the fuck they want. I just don't understand how anyone can look at this oligarchy dictating the future as anything other than disastrous. I'm not a socialist, Marxist communist or whatever! you don't have to have an ideology, things don't always have to be extreme or inflexible. It feels like we are going backwards and rather than trying to fix things we are doing our best to go backwards faster.

 

 

Out of rep (and I'm on my phone, so I can't insert an applause gif).

 

But, yeah... every word.

[AngryOfTuebrook]

1 hour ago, Bruce Spanner said:

Pickety has a great line of argument in 'Capital' whereby these people are not the problem, it's old wealth which has been amassed and removed from the system, it generates no other wealth than it's own, whereas, no matter how much we loathe the nouveau riche their money is still sloshed around the system, though needs to be reigned in and taxed properly obviously.

 

It's the removal of wealth that's the problem that needs to be addressed, that's why Milliband, stupidly, went for an ill judged 'Mansion tax', missing the point, but addressing the problem.

Is this a good time to remind ourselves that the amount of Inheritance Tax that the Duke of Westminster dodged was more than the annual Unemployment Benefit bill for the entire UK?

[VladimirIlyich]

19 hours ago, AngryofTuebrook said:

Is this a good time to remind ourselves that the amount of Inheritance Tax that the Duke of Westminster dodged was more than the annual Unemployment Benefit bill for the entire UK?

Yes.

[Section_31]

Ha, this made me laugh. What hope have we got when you're faced with a one in a lifetime cataclysm and the onus is on how to hide your money in case the government needs to plug the whirlpool.

 

https://www.thisismoney.co.uk/money/news/article-9266673/Beat-Rishis-tax-grab-essential-guide-protecting-wealth.html

[Bobby Hundreds]

Just read the comments. The country will always be fucked. Plan for a better future by leaving this island of cunts behind.

[SasaS]

Bezos back on top, Elon Musk loses the top spot, although remains the richest among African Americans.

[A Red]

On 17/02/2021 at 11:26, Section_31 said:

Ha, this made me laugh. What hope have we got when you're faced with a one in a lifetime cataclysm and the onus is on how to hide your money in case the government needs to plug the whirlpool.

 

https://www.thisismoney.co.uk/money/news/article-9266673/Beat-Rishis-tax-grab-essential-guide-protecting-wealth.html

I'm pretty sure no good left leaning poster on here puts their money into ISA's or pensions or even shares their tax allowance with their spouses

[AngryOfTuebrook]

3 hours ago, A Red said:

I'm pretty sure no good left leaning poster on here puts their money into ISA's or pensions or even shares their tax allowance with their spouses

Do you think people on here have savings and/or pensions for their "unrivalled tax breaks" or because we need to have something to live on when we're no longer working (and we know the cunt Government can't be relied on)?

[Geoff Woade]

28 minutes ago, AngryofTuebrook said:

Do you think people on here have savings and/or pensions for their "unrivalled tax breaks" or because we need to have something to live on when we're no longer working (and we know the cunt Government can't be relied on)?

I’ll stick my head over the parapet, I bet there are. Increased pension contributions from earnings are currently tax free to quite a decent level so plenty of people are banging extra into that from their gross. 
I’m yet to meet anyone who would genuinely rather pay more in tax when it could be going in their pension pot. 

*my laziness has dictated replying to this post as a sole issue so apologies if you mean at levels above low to mid earners*
 

[AngryOfTuebrook]

11 minutes ago, Geoff Woade said:

I’ll stick my head over the parapet, I bet there are. Increased pension contributions from earnings are currently tax free to quite a decent level so plenty of people are banging extra into that from their gross. 
I’m yet to meet anyone who would genuinely rather pay more in tax when it could be going in their pension pot. 

*my laziness has dictated replying to this post as a sole issue so apologies if you mean at levels above low to mid earners*
 

I can't speak for anybody else, but I'm paying extra contributions to my pension, but it's nothing to do with tax: it's got everything to do with wanting a decent pension. 

[A Red]

6 hours ago, AngryofTuebrook said:

Do you think people on here have savings and/or pensions for their "unrivalled tax breaks" or because we need to have something to live on when we're no longer working (and we know the cunt Government can't be relied on)?

Not everyone is as savvy at avoiding tax as you, and many need a bit of help. Fair play to you for adding to your pension fund with tax free contributions rather than pay tax on your money then sticking it in to a savings account.

[Bobby Hundreds]

Tax free pension contributions aren't the same as using a loophole it wasn't designed for to avoid paying taxes. People aren't creating offshore companies or using their influence to create the means to avoid tax they are being given legitimate options designed specifically to encourage contributing more to a private pension. Me personally I've never called for the very rich to have their taxes raised just for them to pay what they're supposed to now and their access to MPs and influence on policy to be no greater than anybody else's. That articles tips are fine using options that are there as they are intended at anytime for anyone to use  ive no issue with it but the tone of it and timing of publicising it just seems like a kick in the bollocks, a paper that screamed for Brexit, that tells us to clap for nurses, that constantly harks back the the British spirit, we can do it alone, pull together but as soon as the country needs money to deal with a modern day disaster here's how to avoid contributing to the Great Britain we patriots so love. Its the context of it that grates.

 

I cant stand most MPs but I'd double their wage, ban second jobs, get rid of the house of Lords and make it a legal requirement that their incomes from then on till the day they die are publicly accessable. If it puts some off being MPs then maybe we might get a wider variety of MPs.

 

[Section_31]

12 hours ago, A Red said:

I'm pretty sure no good left leaning poster on here puts their money into ISA's or pensions or even shares their tax allowance with their spouses

Yeah it's exactly the same thing.

 

"The country has just been hammered, we need to repair the damage, here's how to avoid playing your part and leave it to others instead."

 

Brings a tear to the eye, union jacks, the Queen, Alan Sugar.

[A Red]

1 minute ago, Section_31 said:

Yeah it's exactly the same thing.

 

"The country has just been hammered, we need to repair the damage, here's how to avoid playing your part and leave it to others instead."

 

Brings a tear to the eye, union jacks, the Queen, Alan Sugar.

So you think putting your money in to tax efficient things like pensions and ISA's is robbing the country of much needed revenue at a difficult time? You also think that advising people who, unlike AoT, have no idea about such things is equally bad?

[Karl_b]

I have a salary sacrifice pension, a small ISA bit would happily take a small tax rise in the interests of improving our public institutions.

 

I don't know what that makes me.

[A Red]

People taking out ISA's and pensions as we come out of covid - Filthy tax avoiding weasels!

People with ISA's and pensions prior to covid - Splendid fellows! Risking life and limb for blighty!

[Section_31]

3 minutes ago, Karl_b said:

I have a salary sacrifice pension, a small ISA bit would happily take a small tax rise in the interests of improving our public institutions.

 

I don't know what that makes me.

Someone that sees the benefits - both to themselves and others - of living in a society that isn't falling apart, i.e not a moron.

 

I for one have always wanted to live in a society that can't afford to school kids properly, take care of the elderly, police the streets, treat the sick or maintain and build basic infrastructure. 

[Bruce Spanner]

Not really as they have paid the pre-agreed/determined amount and are free to use the value of their surplus Labour recompense in and way they choose.

 

The others are avoiding/evading and are not paying the pre-agreed/determined amount and there for not contributing with their surplus value, post labour costs.

 

Weird false equivalency.

 

Though I think you’re just having a bit a laugh at the daft lefties tying themselves in knots. 
 

[Jairzinho]

10 minutes ago, Karl_b said:

I have a salary sacrifice pension, a small ISA bit would happily take a small tax rise in the interests of improving our public institutions.

 

I don't know what that makes me.

Virtue signaller.

[A Red]

Yes yes I get you all want to pay the fair amount and contribute towards a better society, well done.

 

I'm addressing the view, posted above about the Mail article, that it is someway heinous to consider putting money into tax efficient schemes such as ISA's/pensions etc at this time as suggested in the article. God forbid that a newspaper should tell people that these things can be done.

 

I shall be cancelling mine forthwith and I expect everyone else not only to do the same but make sure no-one knows about these dastardly things. Now thats virtue signalling.

[Bobby Hundreds]

Who is saying its heinous.

[Bruce Spanner]

20 minutes ago, Section_31 said:

Someone that sees the benefits - both to themselves and others - of living in a society that isn't falling apart, i.e not a moron.

 

I for one have always wanted to live in a society that can't afford to school kids properly, take care of the elderly, police the streets, treat the sick or maintain and build basic infrastructure. 

This one can, it chooses not to.

[A Red]

4 minutes ago, Bobby Hundreds said:

Who is saying its heinous.

Section, although he didnt say heinous he said, 

 

Ha, this made me laugh. What hope have we got when you're faced with a one in a lifetime cataclysm and the onus is on how to hide your money in case the government needs to plug the whirlpool.

 

Essentially saying it is wrong to put money in to tax efficient schemes and to advise as such at this time.

[Bobby Hundreds]

I don't know if he's saying the schemes are wrong or the media outlet is. In my opinion its not the schemes but it is the attitude of that media outlet. Its been going on and on about the cost of the pandemic on the countries pockets the ever encruing debt while promoting brexit which could potentially trash the economy and then telling you how to avoid paying taxes using the actual fact the country desperately needs funds as a reason to stash it quickly. 

[AngryOfTuebrook]

3 hours ago, A Red said:

Not everyone is as savvy at avoiding tax as you, and many need a bit of help. Fair play to you for adding to your pension fund with tax free contributions rather than pay tax on your money then sticking it in to a savings account.

You're responding to the opposite of what I posted, you helmet. 

 

I'm not rich enough to be "tax savvy" and I don't do anything specifically to avoid tax.  But, you know that.