Mecky Posted August 29, 2012 Share Posted August 29, 2012 So your business would be second best? Who knows, but the scenario is irrelevant anyway because we all know that tax for the richest won't be increased, as I said earlier. Link to comment Share on other sites More sharing options...
tinfoilhat Posted August 29, 2012 Share Posted August 29, 2012 Well, let's do it then and find out if they leave. If they do leave that's fine by me, people say the country is overcrowded anyway. Sounds alot like social cleansing to me - hounding out a section of society out of the country. Link to comment Share on other sites More sharing options...
regatta Posted August 29, 2012 Share Posted August 29, 2012 Clegg, reminds me of a film I once saw, The Mouse that Roared. Link to comment Share on other sites More sharing options...
PeteMorris Posted August 29, 2012 Share Posted August 29, 2012 Ummmm..from the title of the thread "Nick Clegg demands...." Since when has he been in a position to 'demand' anything?....it's all smoke and mirrors...it'll die a death, the same as his pledge to not increase tuition fees etc... He's only putting up with where he is in government, because he knows it will be his one and only shot at being anywhere near government. Link to comment Share on other sites More sharing options...
Mecky Posted August 29, 2012 Share Posted August 29, 2012 Sounds alot like social cleansing to me - hounding out a section of society out of the country. Well it would be optional and not compulsary, so maybe not. Link to comment Share on other sites More sharing options...
fake Posted August 29, 2012 Share Posted August 29, 2012 A daft idea, if anything the tax rate should be cut for everybody as we pay far too much already. Link to comment Share on other sites More sharing options...
Mecky Posted August 29, 2012 Share Posted August 29, 2012 A daft idea, if anything the tax rate should be cut for everybody as we pay far too much already. Makes you wonder where it all goes doesn't it? Maybe duck islands and moats? Link to comment Share on other sites More sharing options...
fake Posted August 29, 2012 Share Posted August 29, 2012 Makes you wonder where it all goes doesn't it? Maybe duck islands and moats? Maybe war! Tax was originally introduced to pay for war and it seems like the governments of today still want to do that. Since the Falklands were invaded the cost of wars and armament upgrades have been one of the biggest drains on the economy. We should have gained when the IRA disbanded but Blair decided to get us hooked up in a phoney war which then drained even more money. Not forgetting that we have only just finished paying for WWII. The money gained from selling off the utilities and railways has not been ploughed back into the population or infrastructure and since the early 1970's very little has been done for us for the tax we pay. Governments have got used to high taxation and yet the economy and the individual don't seem to benefit from it. Spend less on arms, tax people less and there will be more for them to spend. I remember a time (Labour in charge and Wilson as PM) when the high rate of tax was 19 shilling to every pound and the Beatles wrote a song "Taxman" about it. That tax in today's currency would be around 95%. The effect of that high taxation meant that lots of high earners then moved abroad. http://en.wikipedia.org/wiki/Taxman Link to comment Share on other sites More sharing options...
chem1st Posted August 29, 2012 Share Posted August 29, 2012 Even if it did, the net effect would simply be to drive still further wealthy people away and/or engage in further tax efficiency planning. Just like Hollande's budget did in France earlier this month. The winners, as usual, will be the legal/financial advisers. Tax their land. Those who are wealthy because the were fortunate to be born with blue blood. Many large landholders have lots of idle land, we pay them for merely owning land. They can move their money, but they can't move their land. Their money comes from the land, and not because they use it productively (for housing, farming, factories), they receive landowner subsidies that come from income taxes upon the landless. We change the market in land, and the poor can grow food. If we do not, then people will rise up and seize the land as they are doing in Spain. http://www.nytimes.com/2012/08/24/world/europe/economic-crisis-in-spain-reignites-an-old-social-conflict.html?_r=1 The resentment here over land that has been left uncultivated at a time of deepening recession and record joblessness reaches beyond local politicians and landowners to European Union bureaucrats. Agricultural subsidies are criticized by many here as favoring landed interests, paying them not to grow crops when nearly a third of the work force in Andalusia is unemployed. Mr. Cañamero said that European subsidies reinforced landed interests because the payments’ value was based on the size of the landholding rather than on its productivity. “There is zero incentive for these already wealthy owners to grow anything,” he said. Taxing land might be the only way certain interests can secure their land monopolies. If the public feel the system is fair, they won't behead the landowners in any coming revolution. If they carry on as they are, then deep resentment will build up. Link to comment Share on other sites More sharing options...
taxman Posted August 29, 2012 Share Posted August 29, 2012 Methinks it may be conference season and Cleggmeister is trying to appease the Libdem rank and file with some meanderings that he knows full well will never be listened to by his political masters at Tory central office. The big wazzock. Link to comment Share on other sites More sharing options...
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