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Sunak's Budget Speech


dockers_strike
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20 minutes ago, Captain Howdy said:

It’s not unearned wealth, it’s been earned by me and I’ve chosen to give it to my children.

 

Good grief.

 

It is unearned by the recipient of the wealth. Hence the established term "unearned wealth".

 

Also, you didn't earn the 500% or whatever increase in your house value either.

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1 minute ago, Strontium said:

 

Good grief.

 

It is unearned by the recipient of the wealth. Hence the established term "unearned wealth".

 

Also, you didn't earn the 500% or whatever increase in your house value either.

It’s an asset, an asset that’s been paid for, where do you stand on the telly? You sell that on you pay tax yes?

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10 minutes ago, Strontium said:

 

Good grief.

 

It is unearned by the recipient of the wealth. Hence the established term "unearned wealth".

 

Also, you didn't earn the 500% or whatever increase in your house value either.

Yes I did, I earned it when I was struggling to pay my mortgage. Speculate to accumulate isn’t it?

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15 minutes ago, Strontium said:

 

Good grief.

 

It is unearned by the recipient of the wealth. Hence the established term "unearned wealth".

 

Also, you didn't earn the 500% or whatever increase in your house value either.

Good grief. 

 

I preferred you when you were at least pretending not to be a tory. 

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The systems so broken though that one of the only ways to actually improve your standard of living is through inheritance of some form if you are fortunate enough. Getting that aggressively taxed away just seems to further promote the perpetual race to the bottom that seems to have gripped this country for decades now.

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26 minutes ago, Captain Howdy said:

It really is, the average working person is taxed till the fucking pips squeak. It’s the mega rich that get away with it.

Yanno I've always been a 'tax the super rich loads' boat, but it's not a credible, or fair, solution.  Raise the minimum wage to £20, that'll tax the super rich just fine without imposing a direct tax on them.  Let's be more clever about it.  

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17 minutes ago, Gooch said:

The systems so broken though that one of the only ways to actually improve your standard of living is through inheritance of some form if you are fortunate enough. Getting that aggressively taxed away just seems to further promote the perpetual race to the bottom that seems to have gripped this country for decades now.

It causes loopholes, then loopholes for the loopholes and more loopholes to cover the loopholes and have a guess who can afford to use them loopholes? 

 

Wealth isn't just about having more food than the other person it's about class and division. Poor pays. Debt pays. Hunger pays. 

 

Do the head guys of some of these homeless charities want to solve the problem? Like fuck they do. 

 

 

When you've got the likes of Cameron and Natalie Elphick turning up to "help out" at foodbanks and yet people still vote for these you have to think "aaah fuck it whats the point" because that's what they want you to do. Give up. Take that extra bit of debt, get into the shit "we will bail you out by making you even poorer then blame everyone but ourselves" 

 

 

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34 minutes ago, Captain Howdy said:

Yes I did, I earned it when I was struggling to pay my mortgage. Speculate to accumulate isn’t it?

 

Behave. Your gains are well beyond what you paid in. You did nothing but purchase an asset at a rock bottom price and sit on it while it gathered value due to the broken housing market.

 

29 minutes ago, Bjornebye said:

Good grief. 

 

I preferred you when you were at least pretending not to be a tory. 

 

You're insane. What I am arguing is literally the opposite of Toryism. Spreading wealth instead of concentrating it in the hands of rich families.

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When people are freezing to death because they can't pay the leccy bill or starving because they can't afford the weekly shop,maybe there may be a sea change in.yur cunts who have been running the country for the last 10 years, but I'm not holding my breath

 

As we have already seen on this thread it will still somehow be labours fault.

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5 minutes ago, Strontium said:

 

You're insane. What I am arguing is literally the opposite of Toryism. Spreading wealth instead of concentrating it in the hands of rich families.

You're talking about a very small percentage of reality. 

 

Hypothetically as I don't know your family situation but if your parents left you a house they had worked for all their lives, paid all their taxes fees the lot, owned it outright. Gave it to you and the government came sniffing around you'd (rightly) be fucking fuming. 

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Just now, Arniepie said:

 

As we have already seen on this thread it will still somehow be labours fault.

Yep, Labour haven't got a 'perfect plan' or the 'perfect politicians'.  

 

"It's a mess' says Don from Sheffield, which just happens to be the message from the Daily Star.  

 

Sorry, but the political discourse in this country is fucking retarded.  My 8 year old can tell right from wrong, and I'm confident he can cast a more informed ballot, based on morality, than most of this country.  It's not difficult.  But some fucking idiots have convinced themselves they are special and have some credible insight.  Abetted by a 'media' that prays on them to make them think they're thinking for themselves.  

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1 hour ago, Bjornebye said:

You're talking about a very small percentage of reality. 

 

Hypothetically as I don't know your family situation but if your parents left you a house they had worked for all their lives, paid all their taxes fees the lot, owned it outright. Gave it to you and the government came sniffing around you'd (rightly) be fucking fuming. 

 

No I wouldn't. When my employer gives me my wage, it's taxed. When I buy something in a shop, it's taxed. Why should a massive inheritance windfall be an exception to the rule?

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1 hour ago, Bjornebye said:

You're talking about a very small percentage of reality. 

 

Hypothetically as I don't know your family situation but if your parents left you a house they had worked for all their lives, paid all their taxes fees the lot, owned it outright. Gave it to you and the government came sniffing around you'd (rightly) be fucking fuming. 

He's arguing for tax on unearned income and you call him a tory,  I think you've got it arse end about. 

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5 minutes ago, Strontium said:

 

No I wouldn't. When my employer gives me my wage, it's taxed. When I buy something in a shop, it's taxed. Why should a massive inheritance windfall be an exception to the rule?

An inheritance 'windfall' is taxed at about 40% over the £325k threshold. Talk about introducing one of these

 

Screenshot from 2022-02-09 14:46:00.png

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5 minutes ago, Strontium said:

 

No I wouldn't. When my employer gives me my wage, it's taxed. When I buy something in a shop, it's taxed. Why should a massive inheritance windfall be an exception to the rule?

Yes you would. It's an asset that belonged to your parents. How is it different to them giving you an expensive watch or a vintage car? 

3 minutes ago, A Red said:

He's arguing for tax on unearned income and you call him a tory,  I think you've got it arse end about. 

What? Oh, you're an actual tory.... no surprise to see you lift your head out of the swamp. 

 

I don't personally believe in inheritance tax. I doubt either of you would be too keen on it should you get stung by it. 

 

 

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What's the point in owning anything ???!!!!! Fucking tories and tory mentality ruining life for everyone. 

 

I'm sure Labour would probably include some sort of shit in their manifesto as well and fuck them as well. We pay tax, we pay N.I we pay Council tax, VAT, Fuel duty fucking all sorts. If you like your pockets being dipped any which way else (which I suspect you don't just as much as anyone) then you're a muppet. 

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Just now, Bjornebye said:

 

What? Oh, you're an actual tory.... no surprise to see you lift your head out of the swamp. 

 

I don't personally believe in inheritance tax. I doubt either of you would be too keen on it should you get stung by it. 

 

 

Play the ball man! You've just gone against the bedrock of socialist principles, you don't want to tax unearned income. You called SD a tory for wanting a tax on unearned income. Hmmm.... ha ha ha

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Just now, A Red said:

Play the ball man! You've just gone against the bedrock of socialist principles, you don't want to tax unearned income. You called SD a tory for wanting a tax on unearned income. Hmmm.... ha ha ha

You voted Tory. My desire to speak with you on any level other than call you a tory is gone unless I can be arsed. 

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2 hours ago, Bjornebye said:

It causes loopholes, then loopholes for the loopholes and more loopholes to cover the loopholes and have a guess who can afford to use them loopholes? 

 

Wealth isn't just about having more food than the other person it's about class and division. Poor pays. Debt pays. Hunger pays. 

 

Do the head guys of some of these homeless charities want to solve the problem? Like fuck they do. 

 

 

When you've got the likes of Cameron and Natalie Elphick turning up to "help out" at foodbanks and yet people still vote for these you have to think "aaah fuck it whats the point" because that's what they want you to do. Give up. Take that extra bit of debt, get into the shit "we will bail you out by making you even poorer then blame everyone but ourselves" 

 

 

I see this was ignored.... 

 

 

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Just now, Bjornebye said:

You voted Tory. My desire to speak with you on any level other than call you a tory is gone unless I can be arsed. 

There you go, argument lost. Don't ever call me a tory again or I shall have great fun in pointing out reality

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4 minutes ago, dockers_strike said:

An inheritance 'windfall' is taxed at about 40% over the £325k threshold.

 

Yes, and I'm saying the threshold should be lower. And incidentally, the threshold is £500k if it's left to a child.

 

2 minutes ago, Bjornebye said:

Yes you would. It's an asset that belonged to your parents. How is it different to them giving you an expensive watch or a vintage car? 

 

I don't personally believe in inheritance tax. I doubt either of you would be too keen on it should you get stung by it. 

 

Are we taking about giving or inheriting?

 

I'm not personally keen on paying any tax, but that's the only way society is going to function. And people with more wealth should pay more tax. It's ridiculous that you can inherit 500 grand off a parent and not pay a bean on it. Half a million pound and not a penny of it goes to healthcare, schools, social care, roads, museums, libraries etc.

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1 minute ago, Strontium said:

 

Yes, and I'm saying the threshold should be lower. And incidentally, the threshold is £500k if it's left to a child.

 

 

Are we taking about giving or inheriting?

 

I'm not personally keen on paying any tax, but that's the only way society is going to function. And people with more wealth should pay more tax. It's ridiculous that you can inherit 500 grand off a parent and not pay a bean on it. Half a million pound and not a penny of it goes to healthcare, schools, social care, roads, museums, libraries etc.

My point was that it's a very small percentage who get left that sort of estate. If a parent gives you something they own outright, I don't believe in you being taxed on it. Is that fair? 

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