The 2015 Popularity Contest (aka UK General Election )

Who will you be voting for?

  • Tory

    Votes: 38 9.9%
  • Diet Tory (Labour)

    Votes: 132 34.3%
  • Tory Zero (Greens)

    Votes: 44 11.4%
  • Extra Tory with lemon (UKIP)

    Votes: 40 10.4%
  • Lib Dems

    Votes: 9 2.3%
  • Other

    Votes: 31 8.1%
  • Cheese on toast

    Votes: 91 23.6%

  • Total voters
    385
  • Poll closed .
Status
Not open for further replies.
Really? What for??

Free of inheritance tax if he can prove that he's the "farmer". Also, land is just about the most valuable & appreciating commodity on the market especially when you consider how much is lost per annum in the UK alone to building works & infrastructure never mind coastal erosion
 
I can see your point but it would be unworkable due to the definitions. To some, a 42" TV is a luxury but to others its a right of passage.
Would end up in a massive knot.
But VAT is an iniquitous tax (unless you can claim it back)

Mate ignore size, think of price, is a £3.000 TV a luxury item? How about cars costing £50,000 plus? How about yachts? Personal planes or helicopters? Just a few items.
 
They don't deserve it. That your profession pays more than another is not the same as you deserving more. That and the scale to which it happens are why wealth re-distribution is required.

What is obscene is the wealth one man can have compared to that of another.

What if the guy started from scratch with nothing spent 30 years building him self up and the other could not be arsed to get out of bed or go look for a job?
 
How did you work out the super rich pay zero tax? What evidence do you have? Have you seen their tax return?

There was an excellent programme on BBC2 recently on this very point. The superrich (SR) were encouraged to come to the UK by Maggie as it was thought that they'd contribute massively to the GB tax take. However they use Non Dom status to pay little or no tax in this country.
Companies such as Virgin (Ireland), Google & Amazon (Lichtenstein) and others trade happily in this country but have their registered HQs as I have indicated.
It's all very annoying ........... (blast the GOT swear filter)
 
Somewhere in amongst tge tax argument has to be an understanding that those who earn the most employ accountants to manage finances, finding loopholes and means to pay less, little or no tax. Something not afforded to the less well paid. It is supported by the lax approach by successive governments to chase the higher amounts due and missing but to chase the smaller fish, they have done very little to tackle the existence of the loopholes.

What the tax revenue is versus what it should be shows a huge disparity, small earners juggle to stay afloat and exist in a harsh financial climate, the bigger earners do so, not because they can't pay, but because they choose not to. The threat of an exodus of talent has always been there and is exposed because as a nation we have failed consistently invest in education, preparation and readiness for the workforce. We churn out huge amounts of McEmployees and little in the way of growth and expansive professions.

That or we allow business interests to dictate the goal of education.

Both sides of the political fence are equally guilty, serving corporate interests primarily and the state/society a distance behind.

We are so entrenched in the corporate pocket that wage, therefore tax, disparity penalises the majority whose contribution to the infrastructure is greater than the minority of higher earners who benefit to an equal degree, moreso under the blackmail of business interests



Understand the point you are making but let me ask you a question. Are you against entrepenuers, people starting off with nothing, building a business and becoming very rich, like Branson, which is an extreme example. My son is an Architect, had to get a grant for him to go to UNI, spent 4 years getting a degree, two working years to get his RIBA! He has built up his own business which makes him worth over a million. He has an accountant and is careful. You cannot just pigeonhole people the way you have and others have.
 

Of course everything is a generalisation, and no, I don't have anything against entrepreneurs or grafting to better yourself, however, the further up the chain you go the less is put back. We live in a country ruled by a family on benefits, mastered by people who have sellf interest as their political persuasion and a system that uses the most vulnerable as scapegoats for the ills of the well off.

For everyone who endured the same as your son there are countless others who haven't made it the way he has. The streets of these lands are littered with people who, through no fault of their own and no lack of hard work, have lost everything because the richest gambled, failed and causeda near total collapse.

Should the many pay for the privilege of tue few? Of course not, hard work and effort should be rewarded, to all.
 
Mate ignore size, think of price, is a £3.000 TV a luxury item? How about cars costing £50,000 plus? How about yachts? Personal planes or helicopters? Just a few items.

What about mobile phones? Do you tax an iphone at a higher rate than a lesser spec Nokia for example?
Anyway there would be ways around it such as paying £20k for a paperclip and getting a free Rolex
 
There was an excellent programme on BBC2 recently on this very point. The superrich (SR) were encouraged to come to the UK by Maggie as it was thought that they'd contribute massively to the GB tax take. However they use Non Dom status to pay little or no tax in this country.
Companies such as Virgin (Ireland), Google & Amazon (Lichtenstein) and others trade happily in this country but have their registered HQs as I have indicated.
It's all very annoying ........... (blast the GOT swear filter)

Yes Milk I agree, but they are abiding by the legislation. Let us be clear Labour in all their years did nothing to correct this and yet people jump on the current lot as though it is all their fault.Not seen any statement from Labour about this in the run up, have you wondered why?

Those companies are a P in the A and very wrong. Me I would introduce a sales tax of 30% payable at the point of sale i,e.> where it originated irrespective of where the receipt as logged, if it was UK based company then they would be able to reclaim it just like VAT now but not copmpanies whose HQ is based abroad. BTW how many on here have Nissan cars, do you know they do the same and place money abroad? like Amazon.
 
Of course everything is a generalisation, and no, I don't have anything against entrepreneurs or grafting to better yourself, however, the further up the chain you go the less is put back. We live in a country ruled by a family on benefits, mastered by people who have sellf interest as their political persuasion and a system that uses the most vulnerable as scapegoats for the ills of the well off.

For everyone who endured the same as your son there are countless others who haven't made it the way he has. The streets of these lands are littered with people who, through no fault of their own and no lack of hard work, have lost everything because the richest gambled, failed and causeda near total collapse.

Should the many pay for the privilege of tue few? Of course not, hard work and effort should be rewarded, to all.

But you can have varying degrees of hard work and effort. so if someone puts in little hard work and little effort they should be rewarded? How?

Why should working people pay no matter what their income level for many to just sit at home and do sweet FA, bit like shameless if you like?
 
What about mobile phones? Do you tax an iphone at a higher rate than a lesser spec Nokia for example?
Anyway there would be ways around it such as paying £20k for a paperclip and getting a free Rolex

You are missing the point mate,we are talking of luxury items over a certain value, which is why I pointedly set out figures. Crumbs you will be saying next if person A has to buy a 10 inch condom should he pay a higher rate of tax than some one who buys a 5 inch one.lol
 
You are missing the point mate,we are talking of luxury items over a certain value, which is why I pointedly set out figures. Crumbs you will be saying next if person A has to buy a 10 inch condom should he pay a higher rate of tax than some one who buys a 5 inch one.lol

That would be me funked then ................

I can see the point your making but equally, what would be the definition of luxury and who would define it?
As I say, where there's a scheme, there is always a schemer hence my paperclip analogy
 
Free of inheritance tax if he can prove that he's the "farmer". Also, land is just about the most valuable & appreciating commodity on the market especially when you consider how much is lost per annum in the UK alone to building works & infrastructure never mind coastal erosion

Didnt think of that. Makes sense I guess. Buy the land/farms, put the farmers on long, mutually beneficial leases, pass it on to his kids free of IHT.

At his age, relatively young for IHT purposes, quite easy to show a 20 year ownership is evidence he is an arm length owner/farmer I suppose.
 
How did you work out the super rich pay zero tax? What evidence do you have? Have you seen their tax return?

Topical joke based on a bit of exaggeration mate. Sorry, what I really meant was "then you pay a certain percentage less than what is expected of you!!". Didn't have the same ring though...
 
Didnt think of that. Makes sense I guess. Buy the land/farms, put the farmers on long, mutually beneficial leases, pass it on to his kids free of IHT.

At his age, relatively young for IHT purposes, quite easy to show a 20 year ownership is evidence he is an arm length owner/farmer I suppose.

He is probably also qualifying for rollover relief plus he may also be coining it with subsidies as well as rents. Lincolnshire land rents would be £200 - 300/ac/yr

Just a point of fact. It's not just Dyson piling into land. Russians Arabs & Chinese are buying estates in this country by the 000s of acres as well as bankers using their bonuses.
Makes hard working farmers bottoms very sore from all the shafting they are enduring
 
Status
Not open for further replies.

Welcome

Join the Everton conversation today.
Fewer ads, full access, completely free.

🛒 Visit Shop

Support Grand Old Team by checking out our latest Everton gear!
Back
Top