Current Affairs The General Election

[spectateur]

Or the best? Lets face it, the internet in the UK is pretty good. The combination of a few decades of state and private development has delivered that, and the sight of Open Work vans on every street corner atm is testament to that. It just seems a daft political fight to start.

I suppose that depends on where you live. Not good out of urban areas I believe

 

[spectateur]

Not very frandely in here again tonight.

Look at the time of the postings, 2nd or 3rd bottle kicking in tme.

 

[NilSatisOptimum]

That is a pretty misleading post, Bruce. The £100 bn estimate came from the boss of BT making a verbal back of the fag packet calculation, and even then it was for the total cost over the entire period of its construction, not one year (which as you say is what the £107 billion is).

I’d also point out that connecting the entire country to fibre broadband would be something that would considerably and directly benefit the big tech firms.

Which of course will all pay twice just currently as we have done with fibre to the cabinet rollout, by our bills and then Openreach are handed big wod of our collected taxes. Which coincidentally was the same time BTvision went big on content...

We should have gone full fibre then, however, there would no need to apply line rental...

Its amusing to watch a group of supposed small conservatives, free marketeers and deregulators, suddenly become singing virtuous defenders of crony capitalism, only in the unprincipled center ground of UK politics..

 

[Agent Blue]

On this. The estimates are that Labour's broadband policy would cost £100bn. The big 5 tech firms last year made £107bn in profit globally, so even if you made the ridiculous assumption that you could tax their global profits, that would still only bring in a shade over £20bn (at the current 19% tax rate). As the bulk of the income of these companies comes from the US, the likely figure is going to be several orders of magnitude smaller than that.

In other words, just taxing Google, Amazon et al at the appropriate rate won't come close to giving the government enough to nationalise the broadband industry.

Labour are quoting a figure of ten years for the broadband rollout so that cost would be spread over that time period.
If we use BT's own figure of 100 billion which is probably probably inflated to appeal to the right wing press, then that would be five years to pay for nationalization. After five years the taxpayer would own that utility outright but the increased revenue would still be coming in. I suspect that the current rate of 19% will be raised considerably and so provide the revenue. Even if that figure of 19% were to be doubled we would still be a long way from the 91% of the fifties, and even at that rate of tax there were still plenty of millionaires around then.

 

[summerisle]

Mumble, jumble, fumble, bumble along, again.

 

[peteblue]

I dont put people on ignore just because I may disagree with their views....I will continue to argue against your political stand and attitude. What annoys me is not your achievements in life...thats not the problem. Just your like of a right wing party "led' by a serial liar and charlatan whom you adore. OK ?

Good, neither do I...It’s a question of who can beat Corbyn, a man that will ruin the country. Boris is the only one with the charisma to do it....

 

[Bruce Wayne]

Labour are quoting a figure of ten years for the broadband rollout so that cost would be spread over that time period.
If we use BT's own figure of 100 billion which is probably probably inflated to appeal to the right wing press, then that would be five years to pay for nationalization. After five years the taxpayer would own that utility outright but the increased revenue would still be coming in. I suspect that the current rate of 19% will be raised considerably and so provide the revenue. Even if that figure of 19% were to be doubled we would still be a long way from the 91% of the fifties, and even at that rate of tax there were still plenty of millionaires around then.

My profit figure was the global profits of the big tech companies. The UK profit is unlikely to be more than 5% of that number, which is about £1bn per year. Consider that they will pay something already, and Labour's super duper tax the big companies strategy might bring in £500m extra per year. Do you think that will fund nationalising Openreach?

 

[peteblue]

I suppose that depends on where you live. Not good out of urban areas I believe

I live in a small country village, we get one bus a day. I get a 75M Internet speed from BT.....

 

[NilSatisOptimum]

Good, neither do I...It’s a question of who can beat Corbyn, a man that will ruin the country. Boris is the only one with the charisma to do it....

All that's missing from Johnson is a policy, such as if you develop dementia we will take away your home, and he will out do May that's for sure.

I live in a small country village, we get one bus a day. I get a 75M Internet speed from BT.....

Subjective is internet speed, you can live in a city and not receive half of that, much less as well.

 

[Bruce Wayne]

Mumble, jumble, fumble, bumble along, again.

Has anyone seen the full costings or are we supposed to take their word for it?

 

[peteblue]

My profit figure was the global profits of the big tech companies. The UK profit is unlikely to be more than 5% of that number, which is about £1bn per year. Consider that they will pay something already, and Labour's super duper tax the big companies strategy might bring in £500m extra per year. Do you think that will fund nationalising Openreach?

This whole BT scheme proves that Corbyn and his merry men haven’t a clue and I doubt that people are falling for it.....

 

[Bruce Wayne]

All that's missing from Johnson is a policy, such as if you develop dementia we will take away your home, and he will out do May that's for sure.

That wasn't what that policy was at all

 

[NilSatisOptimum]

Has anyone seen the full costings or are we supposed to take their word for it?

Thought you had Labours manifesto 2019 and costings along with Tories... I'm still waiting for your link on it?

 

[Bruce Wayne]

Thought you had Labours manifesto 2019 and costings along with Tories... I'm still waiting for your link on it?

When have I said I have? Both major parties to date have expressed verbal diarrhea and blurted out idiotic promise after idiotic promise in a bid to outdo each other. It's utterly ridiculous.

 

[spectateur]

Good, neither do I...It’s a question of who can beat Corbyn, a man that will ruin the country. Boris is the only one with the charisma to do it....

This is not a presidential election, or is it. If so what a choice, Upper class lying twit or pseudo academic ditherer. I'm not sure if I'm allowed to vote in this election, if I can it's a waste of time under the FPTP system. I would never vote tory and the cons MP of the constituency where I am registered in England has a 23000 majority.