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Should Corbyn remain as Labour leader?


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Should Corbyn remain as Labour leader?  

218 members have voted

  1. 1. Should Corbyn remain as Labour leader?



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3 hours ago, Barry Wom said:

So here's the thing. 5m sounds like loads doesn't it? But what if your a 6m business running on 5% margin before costs (and by costs I mean everything, so you buy for a pound and sell for 1.05)? Then all of a sudden, that's a business that might be barely breaking even - before you've paid any type of rates, rent and human costs you've only made about 250k. 

 

Most of those will already be paying their taxes won't they ?

 

I thought this thing we were discussing was for people using the UK to trade but paying their tax elsewhere.

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5 hours ago, Barry Wom said:

Everything is ultimately paid by the consumer! You tax Amazon more, prices will go up. But it will stop Amazon having an unfair advantage over a bloke who runs a single shop on the high st. Well obviously they'll have better quantity of scale, better lawyers, better accountants, but at least they won't also get to do business next to tax free. 

Prices won't necessarily spike in response to a clampdown on tax dodging. If Starbucks are forced to pay the same rate of tax on their profits as, for example, an independent coffee shop next door, it wouldn't be sensible business to raise their prices, because they've still got to compete.  It might make better sense to just accept that when you make £162m profit, paying 19% tax still leaves you with a shitload of money.

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People often talk about taxes etc as though it's some big mystery. 

 

The UK/USA are the only countries in the western world that tolerate it and it's because our version of capitalism has been corrupted to high heaven. We started down the path with Reagan and Thatcher and now we've got one of the most uneven societies in the world, with all the social and crime problems that go with it. 

 

When a German or Japanese company gets a government contract they're thinking partly about money, but also partly about how to make the country strong. 

 

When a British company gets a contract from the government, every single step is about shafting the government. The company shafts the government (usually with a blind eye being turned by the government, half the time because its members are probably shareholders), the subcontractor shafts the contractor, the staff keep their head down and try and don't really give a fuck about the company because they know the company doesn't give a fuck about them, and will dump them if there's an extra 50 pence in it for the shareholders. 

 

The problem with US/UK capitalism is a spiritual one. The drivers that drive us are greed and short termism, the needs of the whole matter not a jot, neither does the picture five years down the line. 

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14 minutes ago, Section_31 said:

People often talk about taxes etc as though it's some big mystery. 

 

The UK/USA are the only countries in the western world that tolerate it and it's because our version of capitalism has been corrupted to high heaven. We started down the path with Reagan and Thatcher and now we've got one of the most uneven societies in the world, with all the social and crime problems that go with it. 

 

When a German or Japanese company gets a government contract they're thinking partly about money, but also partly about how to make the country strong. 

 

When a British company gets a contract from the government, every single step is about shafting the government. The company shafts the government (usually with a blind eye being turned by the government, half the time because its members are probably shareholders), the subcontractor shafts the contractor, the staff keep their head down and try and don't really give a fuck about the company because they know the company doesn't give a fuck about them, and will dump them if there's an extra 50 pence in it for the shareholders. 

 

The problem with US/UK capitalism is a spiritual one. The drivers that drive us are greed and short termism, the needs of the whole matter not a jot, neither does the picture five years down the line. 

 

Doesn't the USA have one of the highest corporation tax rates in the OECD?

 

The UK is somewhere in the middle, I think.

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44 minutes ago, Sixtimes Dog said:

 

Doesn't the USA have one of the highest corporation tax rates in the OECD?

 

The UK is somewhere in the middle, I think.

Yeah, and while I'd imagine they have some of the highest ways of getting around it too, a fair number of large American multinationals "hide" their profits off shore rather than repatriate the funds and get slugged with the tax bill.

 

Often they will choose to buy other companies too with those funds, so that the gross value of the business goes up (good for the CEO wage packet).

 

As Barry said above, it's really globalisation that has caused the increased difficulty in taxing companies and the recent rise of the super wealthy along with that.  A difficult thing to fix.

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6 hours ago, Section_31 said:

People often talk about taxes etc as though it's some big mystery. 

 

The UK/USA are the only countries in the western world that tolerate it and it's because our version of capitalism has been corrupted to high heaven. We started down the path with Reagan and Thatcher and now we've got one of the most uneven societies in the world, with all the social and crime problems that go with it. 

 

When a German or Japanese company gets a government contract they're thinking partly about money, but also partly about how to make the country strong. 

 

When a British company gets a contract from the government, every single step is about shafting the government. The company shafts the government (usually with a blind eye being turned by the government, half the time because its members are probably shareholders), the subcontractor shafts the contractor, the staff keep their head down and try and don't really give a fuck about the company because they know the company doesn't give a fuck about them, and will dump them if there's an extra 50 pence in it for the shareholders. 

 

The problem with US/UK capitalism is a spiritual one. The drivers that drive us are greed and short termism, the needs of the whole matter not a jot, neither does the picture five years down the line. 

Good facts in there. You should be a journalist. 

 

What about when a German or Japanese company gets a government contract in the UK?

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What's awkward about it? He's done something stupid and offensive and now hes resigned, and will likely be expelled from the Labour Party. Cut and Dried!

 

I see spinmaster Ali Campbell has said he doesn't want to be a member of Corbyn's Labour. I'm sure Corbyn's inconsolable! Odds on him pitching up at the Lib Dumbs in the next few weeks?

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6 minutes ago, Creator Supreme said:

What's awkward about it? He's done something stupid and offensive and now hes resigned, and will likely be expelled from the Labour Party. Cut and Dried!

 

I see spinmaster Ali Campbell has said he doesn't want to be a member of Corbyn's Labour. I'm sure Corbyn's inconsolable! Odds on him pitching up at the Lib Dumbs in the next few weeks?

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