mossdog Posted October 22, 2010 Share Posted October 22, 2010 whilst most of us are wondering how we are going to make ends meet thanks to the swingeing government cuts, it's interesting to note that even in these hard economic times the rich have managed to make more money for themselves this year than in all the previous 22years. According to the times rich list, the collective wealth of britain's 1,000 richest people has increased by nearly a third. (the multimillionaires, 513 of which are based in london, are worth £335.5 billion, up by £77.265billion this year. What i find sickening is that many of these unelected people have the ear of the cabinet and can influence decisions in their own best interest to make sure they get richer still. Most of the deficit we are busily paying back is going straight into their pockets so they can buy gold and commodities and can escape the hyper inflation which is on its way. Thus they are already beginning to rocket in value. Seen the prices in the supermarket lately? Abandon ship !!!....Abandon ship!!! Link to comment Share on other sites More sharing options...
vwkittie Posted October 22, 2010 Share Posted October 22, 2010 Jealous much? Move to a communist state? Link to comment Share on other sites More sharing options...
wellyman Posted October 22, 2010 Share Posted October 22, 2010 We need concerted strike action on something that only affects the rich That'll be a bus strike and a strike on London underground then. Link to comment Share on other sites More sharing options...
wellyman Posted October 22, 2010 Share Posted October 22, 2010 Because the top 1% pays a quarter of this country's bills. And put virtually no demand on the NHS. Link to comment Share on other sites More sharing options...
sheffworker Posted October 22, 2010 Share Posted October 22, 2010 here we all are, arguing (fairly) nicely over whether or not it's a good thing that the wealthy are wealthier, when we should be storming the equivalent of the Bastille. When/Where are the protest marches? Link to comment Share on other sites More sharing options...
sheffworker Posted October 22, 2010 Share Posted October 22, 2010 and, what IS the UK equivalent of the Bastille? :-) Link to comment Share on other sites More sharing options...
hitch_1980 Posted October 22, 2010 Share Posted October 22, 2010 I am actually hoping for strikes and marches.... I will be getting a new camera so should be able to get some good shots Link to comment Share on other sites More sharing options...
Bulgarian Posted October 22, 2010 Share Posted October 22, 2010 and, what IS the UK equivalent of the Bastille? :-) Doncaster ? Link to comment Share on other sites More sharing options...
Aries22 Posted October 22, 2010 Share Posted October 22, 2010 Because the top 1% pays a quarter of this country's bills. So if l got this right, the top 1% pay 25% of this countries bills. So the other 99% pay 75% of the bills. Someone with a maths degree would you work this out. Link to comment Share on other sites More sharing options...
owls001 Posted October 22, 2010 Share Posted October 22, 2010 Suppose that every day, ten men go out for beer and the bill for all ten comes to £100. If they paid their bill the way we pay our taxes, it would go something like this: The first four men (the poorest) would pay nothing. The fifth would pay £1. The sixth would pay £3. The seventh would pay £7. The eighth would pay £12. The ninth would pay £18. The tenth man (the richest) would pay £59. So, that’s what they decided to do. The ten men drank in the bar every day and seemed quite happy with the arrangement, until one day, the owner threw them a curve. ‘Since you are all such good customers,’ he said, ‘I’m going to reduce the cost of your daily beer by £20.’ Drinks for the ten now cost just £80. The group still wanted to pay their bill the way we pay our taxes so the first four men were unaffected. They would still drink for free. But what about the other six men – the paying customers? How could they divide the £20 windfall so that everyone would get his ‘fair share?’ They realized that £20 divided by six is £3.33. But if they subtracted that from everyone’s share, then the fifth man and the sixth man would each end up being paid to drink his beer. So, the bar owner suggested that it would be fair to reduce each man’s bill by roughly the same amount, and he proceeded to work out the amounts each should pay. And so: The fifth man, like the first four, now paid nothing (100% savings). The sixth now paid £2 instead of £3 (33%savings). The seventh now paid £5 instead of £7 (28%savings). The eighth now paid £9 instead of £12 (25% savings). The ninth now paid £14 instead of £18 (22% savings). The tenth now paid £49 instead of £59 (16% savings). Each of the six was better off than before. And the first four continued to drink for free. But once outside the restaurant, the men began to compare their savings. ‘I only got a pound out of the £20,’ declared the sixth man. He pointed to the tenth man, ‘but he got £10!’ ‘Yes, that’s right,’ exclaimed the fifth man. ‘I only saved a pound, too. It’s unfair that he got ten times more than I did’ ‘That’s true!’ shouted the seventh man. ‘Why should he get ten back when I got only two? The wealthy get all the breaks’ ‘Wait a minute,’ yelled the first four men in unison. ‘We didn’t get anything at all. The system exploits the poor’ The nine men surrounded the tenth and beat him up. The next night the tenth man didn’t show up for drinks, so the nine sat down and had beers without him. But when it came time to pay the bill, they discovered something important. They didn’t have enough money between all of them for even half of the bill. And that, ladies and gentlemen, journalists and college professors, is how our tax system works. The people who pay the highest taxes get the most benefit from a tax reduction. Tax them too much, attack them for being wealthy, and they just may not show up anymore. In fact, they might start drinking overseas where the atmosphere is somewhat friendlier. Link to comment Share on other sites More sharing options...
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