O/T Trussed in Leader gone

[crashbang]

As a Sun reader you did well to get that far.

Are you married?

[crashbang]

Probably not

[howdydoo]

So you're countering the facts made within the documentary by linking to an article from a laughably biased right wing magazine (publishes articles by David Starkey ffs!) nthat was published before the documentary was released?

What I did is read your post and googled FT bias and Brexit. Didn’t even read the article. Never visited the site before.

It’s OK for you to believe what your fed but every other view or opinion is poppycock.

As for your views on taxation? Who has fed you that nonsense? Either go full throttle and go for the super rich or join the race to the bottom.

Stop going for working, law abiding tax payers who are the only people with any true values left.

[ragingpup]

What I did is read your post and googled FT bias and Brexit. Didn’t even read the article. Never visited the site before.

It’s OK for you to believe what your fed but every other view or opinion is poppycock.

As for your views on taxation? Who has fed you that nonsense? Either go full throttle and go for the super rich or join the race to the bottom.

Stop going for working, law abiding tax payers who are the only people with any true values left.

As I've already said twice, I agree with your general point that the only real option that we have is higher wealth tax. My only question is how you actually get the public to buy into that in order to get an election mandate for it. Not sure how much more clearly I can make that point?!

[ragingpup]

Sorry to disappoint you Raging, i don't buy any papers( Advertiser only), you seem to know more about the Sun than i do. Just open your eyes to what going off in life, and who's crying wolf and just taking the p$ss. Come and have a look round Wingfield, Munsborough and Rockingham, near to where my son lives...............poverty? they don't know how to spell it.......Up the Millers

Sorry Avondale, where have I shown the slightest bit of interest in whether you but any newspapers or not? I've teased Crash a bit but he had it coming :-)

[ragingpup]

What I did is read your post and googled FT bias and Brexit. Didn’t even read the article. Never visited the site before.

It’s OK for you to believe what your fed but every other view or opinion is poppycock.

So let me get this straight. You countered a 30 minute long argument with quite a substantial evidence base with a 15 second Internet search, pasted in reply, and without even checking the source credentials of the site you chose to paste?

Have you considered a career as an Express journalist?

[howdydoo]

So let me get this straight. You countered a 30 minute long argument with quite a substantial evidence base with a 15 second Internet search, pasted in reply, and without even checking the source credentials of the site you chose to paste?

Have you considered a career as an Express journalist?

Therein lies your problem. All long winded and full of it. You do realise the people you want to tax more have mortgages, loans, utility bills etc. something they, on average, give up 40+ hours a week for.

I know you’re in that bracket but you’re not 30 years old either. Is there two incomes in your household? You just want more of the same but it’s the right thing to do because you read it in the Guardian. So that makes you better than a bloke that reads the Sun. Blah, blah, blah.

If any party wants to get the British public to ‘buy in’ to a proper wealth tax all they have to do is to stop tip toeing around immigration.

With that, don’t pigeon hole me as you tend to do.

Just telling it, like it is. Does the Express? If so, I’ll drop them a mail.

I’ll give you one thing we could start with.

The government could start with compulsory purchase or possession of all derelict property. There’s plenty of it.


PS. I’m not worse off under Brexit. Sorry.

[KerrAvon]

@raging. The top 10% of earners in the UK are already responsible for about 60% of the income tax take, with the top 1% of earners paying about 30%. How much more would you take and how much more do you think they would take before choosing to move to countries with lower taxes?

As for a wealth tax, how would that work in respect of, say, a farmer who is technically wealthy because of the value of the land he owns and who pays the taxes due on the income he earns? Are we going to make him sell part of his farm to raise money to pay a wealth tax? How about a business owner who has built his business up through hard work and reinvesting the profis from its operation? He might be technically wealthy, but with no other real assets. Should he be required to sell part of his business to raise money to pay his wealth tax? If so, what is the incentive to build businesses?

@ Howdy. I'm not convinced that local authorities or central government spending money to acquire a portfolio of derelict properties is a solution to anything very much. Indeed, central goverment already owns plenty via the MoD. In many cases the land will be derelict for a reason such as having no viable developent options.

Mervyn King called it correctly last week; we can have either European levels of spending or American levels of taxation, but we can't have both in the way that we have been trying to for the last 50 years or so. For my part, having high quality education, healthcare and transport links all ultimately contribute to the ability of the country to create wealth, but have to be paid for. Simples

[John2]

As for a wealth tax, how would that work in respect of, say, a farmer who is technically wealthy because of the value of the land he owns and who pays the taxes due on the income he earns? Are we going to make him sell part of his farm to raise money to pay a wealth tax? How about a business owner who has built his business up through hard work and reinvesting the profis from its operation? He might be technically wealthy, but with no other real assets. Should he be required to sell part of his business to raise money to pay his wealth tax? If so, what is the incentive to build businesses?

"Technically" wealthy? If a farmer has a farm worth £30m, then yes, let them sell part of it. Let's not pretend they are poor.

A wealth tax on the super-rich should have a generous threshold, but above that, they'll get to decide which assets to sell. There can also be exceptions for if someone has grown a large business and no other assets beyond an exemption for a primary residence etc. The government can be as creative as it likes as long as the rules are applied to everyone the same. It would create a free market and should see some selling pressure on the traditionally hoarded assets the super-rich have relied upon to accumulate wealth, like London properties becoming more affordable.

[KerrAvon]

"Technically" wealthy? If a farmer has a farm worth £30m, then yes, let them sell part of it. Let's not pretend they are poor.

A wealth tax on the super-rich should have a generous threshold, but above that, they'll get to decide which assets to sell. There can also be exceptions for if someone has grown a large business and no other assets beyond an exemption for a primary residence etc. The government can be as creative as it likes as long as the rules are applied to everyone the same. It would create a free market and should see some selling pressure on the traditionally hoarded assets the super-rich have relied upon to accumulate wealth, like London properties becoming more affordable.

I suspect that much of the benefit from your wealth tax will be dissipated in lawyer and accountant's fees and the army of civil servants that will be needed to administer the 'creative' (for which read 'complicated') system that you have in mind

I see that you are talking about a generous threshold. You are going to have the same problem that Labour unwittingly revealed with their 'For the many not the few' slogan. Set the threshold too high and there will be so few captured as to make the exercise a token affair (and - let's be honest - it is a token policy - it sounds good and that's about it).

How many times are you going to adjust the threshold downwards by the way? When all the £30 million+ farms have been broken up into smaller less efficient units or have had land hived off into land banks to speculate upon future development possibilties you are going to be out of ways to raise cash aren't you? In other words what are you planning to do when everyone has been reduced to the level of wealth that you deem acceptable?

By the way, it is you who decides which farm workers to make redundant? Are you going to do that or is that down to the famer as well?