Quote Originally Posted by Geoff Parkstone View Post
I'd agree with half of your assertion re taxes....needless to say the first half. Interestingly under the current system I believe that if you feed ?100 into the UK economy the government will have had all of it in under three iterations via income taxes, profits taxes, VAT, inheritance tax and perhaps capital gains. Oh yes and petrol, booze and fags taxes
MM and you try to call me out for making exaggerated claims!!

On your belief, no person or business in the UK is making any money then? Plus of course you ignore the fact that the tax raised is actually spent in the UK economy or to provide infrastructure and services which the economy depends upon.

But then we get the Head of Tesco bemoaning that employee NI and minimum wage increase are threatening the business, then Tesco publish half year profits up 1.6% at £1.67 billion and upgrade the profit forecast for the year to £3.1 billion!

Before you say it, I'm not saying they shouldn't be making a profit, just that moaning about Tax increases and then publishing better than expected profits does tend to look a tad like whining for the sake of it.