Quote Originally Posted by regis80 View Post
Afternoon 123, hope you are keeping well. I agree with some the stuff you’re saying 123 and my main argument is really about targeting the super rich which you have given an example of.. i’m talking the 1% who are literally controlling and buying everything and squeezing everyone else out.. Gary’s Economics latest video talks about this https://youtu.be/g0lEbH2kEw8?si=zwdnBUgs0w9BI5cK

We need to stop offering foreign companies these golden handshakes, let them come in but play by our rules.. i get this isn’t going to attract them in the first place. If they want to sell to us, surely they have no choice?

There are so many ways we should be clawing back money.. Let’s take Uber and Deliveroo.. how much money do we think they extract from the UK? It’s a lot of money.. i’d like to see our government funding a british owned equivalent start up to counter act and ensure this money doesn’t leave the UK. Better here than abroad.. i know there’s be holes in my argument.. it’s just to give an idea what we should be doing and pandering to global corporations and 1%. I can go on for ages about this with you 123 and we’ll sure agree on matters.
I don’t think any of us here are on the 1%, simply because we wouldn’t be on here. Top income earners were both thinking of shouldn’t get a tax hike as you explain, it should be those from higher up.
Gary Stevenson is an intelligent bloke but if you watch him debate with proper economists, they debunk him very easily. He tries to simplify very complex topics and leaves out several important factors that damage his argument, probably not purposefully.

Most governments arent concerned by corporation tax. Not only is it a f*cker to prove and fight for, but also you get the money back in the end even if it isnt taxed. If it becomes a dividend, it’s taxed and is usually spent back into the economy. If it goes back into the business it’s spent on investment which creates jobs and wealth.

We need foreign investment. It’s absolutely critical for growth.

Socialism, in a sense of less billionaires, is a bit of a myth. The Nordic Model is often seen as the best example of socialism but they have more billionaires than us vs overall population.