o/t democracy is dead

[ragingpup]

Businesses are likely to respond to any change in their operating environment. Personally, I think any form of Brexit will have a negative impact upon the economy of this country in the short to medium term at least, but that is irrelevant as Brexit is what the electorate chose in 2016 (perhaps they wouldn’t have if your Great Leader had spoken out on the issue as opposed to hiding in his office).

One change to the operating environment that business take into account is Corporate Taxation rates. On that point, I'm guessing that you didn't look at the detail of the P&O announcement? They are reflagging in Cyprus to take account of more favourable tax rates than they will get if they remain in the UK. There is a lesson there for you but I appreciate that your politics make you likely to ignore it.

Your points on tax and corporate behaviour and oft made and well understood. It will always be in mind as to how any future government places tax rates with regard to international competition, and I will continue to maintain that being competitive does not, as you seem to repeatedly implicate, automatically mean that you have to have the very lowest tax rate of all. But let’s not do that dance again.

The point of this post is to highlight that the company is relocating its business from the UK to Cyprus as it wishes to retain the EU tax benefits (not UK) which it enjoyed whilst located in the UK. Thus increasingly conflicting with the views of many on here who maintain that the UK will economically benefit from a hard Brexit.

[KerrAvon]

Your points on tax and corporate behaviour and oft made and well understood. It will always be in mind as to how any future government places tax rates with regard to international competition, and I will continue to maintain that being competitive does not, as you seem to repeatedly implicate, automatically mean that you have to have the very lowest tax rate of all. But let’s not do that dance again.

The point of this post is to highlight that the company is relocating its business from the UK to Cyprus as it wishes to retain the EU tax benefits (not UK) which it enjoyed whilst located in the UK. Thus increasingly conflicting with the views of many on here who maintain that the UK will economically benefit from a hard Brexit.

Given that you have used the word 'implicated', I would assume that you know that I have never said that it is necessary to have the lowest tax rate to be competitive. If I'm wrong about that, you will doubtless be able to give some examples of me saying it or even 'implicating' it.

The whole basis of my many circular arguments with MMM is that having the highest or lowest tax rate is not what matters as he appears to believe; it is about having a tax rate that its competitive having regard to every other factor that determines the cost of operating in a particular country.

The point is that if Labour gains power and raids businesses for vast amounts of cash through its tax rises and its seizure of 10% of every decent sized public company (a tax raid by another name) it will be carnage for UK jobs as this country would be made a significantly less attractive place to operate.

Brexit on any terms will clearly have implications for whether businesses will choose to operate here and upon the scale of their operations if they remain. Anyone who says otherwise has their head in the sand, but I repeat the point that I made earlier that Brexit is what the electorate voted for.

Go on - admit it. You hadn't researched the detail of the P&O decision had you? After all, it had been carefully left out of the Guardian article.

As an aside, did you watch Abbott's performance on QT last week? I don't normally watch it, but have watched it on catch up to see what the fuss is about. Are you sticking to the Momentum issued interpretation that she was bullied? I thought she got the humpty on after the audience mocked her when she was defending The Great Leader's decision not to come out of his office to talk to May and that it went downhill after that. A great pick for Home Secretary in a Labour government.

[great_fire]

Re: Employment and Inflation, Brexit (with likely trade tariffs between us and our biggest trading partners as well as JIT delivery issues and ability to move goods between us and mainland EU) has not happened yet. My post was pointing in the direction that business is likely to respond to the No Deal arrangement that you would like and examples of some of our companies making these decisions. What is your response to these company's decision?

RE: Most bosses likely to invest more after Brexit, what is your source for that?

CEO survey, most expect to employ more people not fewer.

Not surprised you didn't read it, any good news re Brexit is suppressed by the mainstream media especially the BBC.

[WanChaiMiller]

Ragingpup. Agree.

Lord Bamford of JCB is another putting up a con argument for the brexit campaign.

He says the best thing for Britain is to trade under WTO regs. Yet his holding company is in the Netherlands and he has manufacturing bases in Germany, India, Australia, China, Brasil and USA.

Rees Mogg is another. He relocated his investment company to Dublin. In its propectus they told investors it was necessary to 'avoid the uncertainty caused by Brexit and allow easier access to world markets'.

[Grist_To_The_Mill]

Historians still ask the question as to how the German people in WW2 believed the propaganda spouted out by Joseph Goebbels.

Looking at the project fear stuff of brexit it is much easier to understand.

[wrinkly]

Historians still ask the question as to how the German people in WW2 believed the propaganda spouted out by Joseph Goebbels.

Looking at the project fear stuff of brexit it is much easier to understand.

Cuts both ways though "project fear". Is there any real difference between the propaganda of fear of remaining in the EU and the fear of leaving it?

Perhaps future historians will question how the citizens of the UK believed the propaganda spouted by Boris and his mates.

Goebbels is an interesting choice. A man who orchestrated the burning of books deemed "not German enough"
Taking back control?

[Redshank]

Perhaps if remainers had accepted the result of the referendum from the outset and pushed towards finding a deal that, perhaps, reflected the closeness of the vote (i.e. no hard Brexit) rather than take the immediate stance that Brexit must be avoided at all costs, then we may well be in a much stronger and clearly defined position. As it is, all sides are hopelessly entrenched with argument from any remainer for a “people’s vote” immediately attracting hostility and suspicion as to the real motive. Something has to give and remainers could help immensely if they stopped banging on about another vote and concentrated more on what sort of Brexit they prefer.

[MillerBill]

What's your point, Brin? Are you denying that Dyson is an example of someone who brought innovation and entrepreneurial drive together to create a world beating company? Or are you questioning the work he has done sponsoring students to study engineering?

The hard remainiacs backed by the fat cat multi corps are trying their best to destroy the people's wish to come out of the sinking EU.I've noticed Blair and Osborne have been desperately using the scare tactics again.What's in it for them?

[frogmiller]

The hard remainiacs backed by the fat cat multi corps are trying their best to destroy the people's wish to come out of the sinking EU.I've noticed Blair and Osborne have been desperately using the scare tactics again.What's in it for them?

EU jobs. That could be one hell of a compremise the EU made for the UK giving in. Having one of those two heading the ship would be brilliant for Britain wouldn't it?

[great_fire]

"People's Vote" is really annoying as it's actually an oligarchs' vote or a patricians' vote, it has nothing to do with "the people" as George Soros, Blair and the rest of establishment are behind it.