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Thread: Boris & His Government

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  1. #1
    Join Date
    Dec 2014
    Posts
    2,589
    I know DM is registered in the Caribbean or maybe Bermuda. I think even The Guardian is registered in the Cayman Islands. They are all registered overseas, most probably to avoid paying tax.

    A couple of other things I think we should do,

    1. Use another independent body to review our tax system, so that everyone is paying what they should do, morally. I don't necessarily agree with wealth taxes, because we want our entrepreneurs to aspire to be successful and wealthy. They shouldn't be punished for it. We also don't want businesses to be hindered from expanding by tax restrictions. On the other hand, very wealthy individuals and businesses should be paying their fair share into the pot. Its a hard balancing act to find the line, and we should allow tax and economic professionals to make the call, certainly not people like some of our current MPs.

    2. Talking of our current MPs, I would increase their salaries substantially. You read that correctly, increase their pay. £80k per year for an MP, and £150k per year for being PM is too low. We need talented people in Parliament, and right now we have complete imbeciles. Real talent in the country can earn much more than that in the city. I know some seriously smart people, who earn far more than MPs. And wouldn't dream of giving up their career for £80k per year. I think something has to change, because people like Ben Bradley, Zarah Sultanah, Daniel Kawyczynski, Richard Burgon and Priti Patel (those just off the top of my head) I wouldn't even employ if they came for a job interview at my company. These people actually have a say in running the country. Their level is probably mid-junior office level, they are far in over their head. To be truthful, the same goes for the PM.
    Last edited by WBA123; 08-09-2021 at 01:50 PM.

  2. #2
    Join Date
    Jul 2008
    Posts
    25,448
    Quote Originally Posted by WBA123 View Post
    I know DM is registered in the Caribbean or maybe Bermuda. I think even The Guardian is registered in the Cayman Islands. They are all registered overseas, most probably to avoid paying tax.

    A couple of other things I think we should do,

    1. Use another independent body to review our tax system, so that everyone is paying what they should do, morally. I don't necessarily agree with wealth taxes, because we want our entrepreneurs to aspire to be successful and wealthy. They shouldn't be punished for it. We also don't want businesses to be hindered from expanding by tax restrictions. On the other hand, very wealthy individuals and businesses should be paying their fair share into the pot. Its a hard balancing act to find the line, and we should allow tax and economic professionals to make the call, certainly not people like some of our current MPs.

    2. Talking of our current MPs, I would increase their salaries substantially. You read that correctly, increase their pay. £80k per year for an MP, and £150k per year for being PM is too low. We need talented people in Parliament, and right now we have complete imbeciles. Real talent in the country can earn much more than that in the city. I know some seriously smart people, who earn far more than MPs. And wouldn't dream of giving up their career for £80k per year. I think something has to change, because people like Ben Bradley, Zarah Sultanah, Daniel Kawyczynski, Richard Burgon and Priti Patel (those just off the top of my head) I wouldn't even employ if they came for a job interview at my company. These people actually have a say in running the country. Their level is probably mid-junior office level, they are far in over their head. To be truthful, the same goes for the PM.

    One of my biggest beefs is with the way Amazon and the like get away with paying pathetically low amounts of tax.


    I've just paid out £123k in VAT, and £93k in Corporation Tax as well as my personal tax bill at the end of June.......all of which is fine and was due albeit it's always painful, it's by no means the most I've ever paid out, my best/worst year was a total tax bill of around £183k for business and personal taxation.

    I pay what I'm due to pay, I don't go to a flash accountancy firm and look for loopholes, I deal with an old fashioned Black Country accountant who sticks rigidly to the rules.

    Amazon are the masters at shuffling money around to avoid paying their dues but even when the government catches up with them in some shape or form they don't suffer, they just pass on that expense to sellers on their platform.

    I do a lot on Amazon so when they stealthily added 0.4% to their sellers fees it makes a huge difference on the few million £'s I generate on there.

    I object to this, the government needs to start legislating more against companies such as this and make it illegal to charge more than a certain fee and then make THEM pay any form of extra taxation.

    The business generated by Amazon should be putting billions into our HMRC each year but it isn't.

    If you want a true scandal look no further than Jeff Bezos and the like.

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