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Old 21-08-2017, 08:48 PM #1
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Corporation tax is the problem. http://www.progressivepulse.org/econ...tity-of-money/ Its economic incompetence.
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Old 21-08-2017, 09:06 PM #2
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A flat tax rate is not workable. It puts too much burden on the lower incomes who are simply unable to pay as much as the higher incomes. A progressive taxation system is much fairer regarding a more equal distribution of wealth.

Its a fascinating subject that cannot easily be summed up in a nice 20 - 30 word post. There are many economic theories that all work but the best system is to pull the best ideas from each theory.

The question is how does a country become a rich country? And I dont believe a flat or regressive tax rate can achieve growth at a sufficient rate.
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Old 21-08-2017, 09:49 PM #3
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A flat tax rate is not workable. It puts too much burden on the lower incomes who are simply unable to pay as much as the higher incomes.
They wouldn't be paying as much - 20% of £16k is less than 20% of £100k.
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Old 21-08-2017, 10:00 PM #4
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Percentage its the same but proportionally its much more. The logic being that the person on 16k paying 20% would impact their disposable income much more than a person paying 20% on 100k.
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Old 21-08-2017, 10:05 PM #5
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Percentage its the same but proportionally its much more. The logic being that the person on 16k paying 20% would impact their disposable income much more than a person paying 20% on 100k.
Someone who earns £100k evidently works much harder than someone earning £16k, why shouldn't they have more disposable income? What's more, people live to their means. Someone who bought a sic mansion and keep it ticking along with their family inside wouldn't appreciate being told to pay more tax.
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Old 21-08-2017, 10:09 PM #6
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Someone who earns £100k evidently works much harder than someone earning £16k, why shouldn't they have more disposable income? What's more, people live to their means. Someone who bought a sic mansion and keep it ticking along with their family inside wouldn't appreciate being told to pay more tax.
I bring you back to the question I posed - How does a country become rich?
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Old 21-08-2017, 10:27 PM #7
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I bring you back to the question I posed - How does a country become rich?
What do you mean by "a country" ? /if you mean the people within it, they can become rich by working hard, and if they don't work hard they don't deserve to be rich.
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Old 22-08-2017, 12:47 PM #8
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Nah you can scale it right back to the bottom end of the scale if you ask me. I don't earn "a lot", but my pay is considerably more than, for example, someone working in a busy fast food place.

Full disclosure; I don't work anywhere near as hard as they do. I don't work anywhere near as hard as my own min wage cleaner 90% of the time!

Could I be doing better if I had worked harder? Maybe / probably but basically, the idea that "harder working people are the ones who earn more" is just nonsense. There are a lot of rich lazy people in the world; and even more very hard working people just scraping by.

The highest earners, most of the time, get where they are through a combination of luck and privilege. Knowing or getting to know the right people, being in the right place at the right time. It's not that hard work isn't involved - - I'm sure people then have to work to make the most of those opportunities - - but having them in the first place takes more than "hard work".
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Old 24-08-2017, 03:12 PM #9
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Default The answer to Brexit turmoil is staring us in the face

https://www.theguardian.com/commenti...c-britain-efta

Is this the answer? Thoughts?
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Old 24-08-2017, 03:23 PM #10
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To sum up, joining Efta would mean the end of EU powers over UK trade policy; the UK would regain the flexibility in free trade it has always fought for (sometimes literally). It would mean the end of ECJ jurisdiction and the boosting of sovereignty in a useful, rather than a rhetorical (or theoretical) way. It would mean substantially reduced UK contributions to the EU – perhaps by 60%, if the Swiss contributions are anything to go by. And it means Brexit can be completed with the least disruption to the UK’s economic relationship with Europe, avoiding the chaos that seems increasingly inevitable given the timescale remaining before departure.

Brexiteers and Remainers will identify downsides. But creating much-needed certainty will help restore confidence, and may even help restore some trust in our politicians. Joining Efta provides a solid foundation for dealing with other sensitive issues, such as the Irish border and the role of the City of London.

But it’s not only the optimal solution: it’s optimistic as well. The UK would be welcomed by Efta, if the Efta court’s president’s words are to be believed. Efta, he said, could be the “natural home for the UK post-Brexit”. And he’s right.

EFTA=European Free Trade Association.
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Old 27-08-2017, 12:15 AM #11
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Default Corbyn - yet another u-turn

https://www.theguardian.com/global/2...od-post-brexit

He caved in to pressure then, I knew he would. First he u-turns on clearing all student debt, then he u-turns on pledge to axe benefit freeze and now he is doing a u-turn on Brexit, the single market and open borders. And people complained about May. She was more honest than him. Basically he has sacrificed his 'principles' to further his career and be PM. Pathetic man.

People aren't stupid and most leavers will not be impressed by his dishonesty and open border policy. We will see if this desperate attempt at winning power will work!

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Old 27-08-2017, 02:35 AM #12
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You could have just added this to the end of one of your other twentyfive anti-corbyn threads but na u love a good spam.
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Old 27-08-2017, 05:58 AM #13
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Originally Posted by Brillopad View Post
https://www.theguardian.com/global/2...od-post-brexit

He caved in to pressure then, I knew he would. First he u-turns on clearing all student debt, then he u-turns on pledge to axe benefit freeze and now he is doing a u-turn on Brexit, the single market and open borders. And people complained about May. She was more honest than him. Basically he has sacrificed his 'principles' to further his career and be PM. Pathetic man.

People aren't stupid and most leavers will not be impressed by his dishonesty and open border policy. We will see if this desperate attempt at winning power will work!
That never happened, maybe he has just listened to advice hmmm?... Not that that will stop your anti Corbyn raving.
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Old 27-08-2017, 06:46 AM #14
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hes a dangerous fool...I agree may has been way ore straight and lets face it the economy is booming compared to the usual disaster labour left us in
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Old 27-08-2017, 07:12 AM #15
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Oh ffs sake
Because Theresa May and tbis Torie Government have NEVER U-Turned on anything :
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Old 27-08-2017, 07:37 AM #16
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Oh ffs sake
Because Theresa May and tbis Torie Government have NEVER U-Turned on anything :
Exactly - and look at the stick she got from Corbyn supporters. I'm pointing out the hypocrisy here you know!

May (whatever some think of her) was at least more honest than Corbyn in not making lots of rash promises to win the election. May pretty much stuck with her 'austerity' policies, with a few changes, which understandably did not go down well with much of the electorate. She was forced to soften her approach due to public opinion but, unlike Corbyn, she did not make bold, irresponsible promises, some of which Corbyn has already reneged on, purely to win the election. And he hasn't even got in yet, imagine what other u-turns he may carry out if he actually does and no longer needs to curry favour to win an election.

She tried to stick to her party's policies of reducing the public deficit in order to improve the economy long term - whatever peoples' view on that. She should have done more for the NHS - but that's not my point, my point is she was more honest and not just saying what people desperately wanted to hear after years of austerity.

In my book Corbyn, and all his promises, is one big con for desperate people looking for better times. It would simply be a repeat of Labour's tainted history of plenty of broken promises. We have seen it all before. All talk and no action as usual.

May has also announced that she will resign on 30th August 2019 after she has seen Brexit through, no doubt bowing down to public opinion and giving the party a better chance at the next election. Couldn't see Corbyn doing that - he is too desperate for power, as was demonstrated by his refusal to stand down as Labour leader after several demands he do so by his own party.

http://www.express.co.uk/news/uk/846...acob-Rees-Mogg

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Old 27-08-2017, 07:56 AM #17
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B-but he's a decent and principled man!!!111
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Old 27-08-2017, 08:12 AM #18
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B-but he's a decent and principled man!!!111
Not an ambitious politician like the rest of them!!
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Old 27-08-2017, 08:42 AM #19
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Another misleading thread.
Labour has been got at over the last 2 years for NOT saying what its brexit policies actually are.

Now after talking to people,business and other sources it spells one out more clearly.
Then is accused of a u-turn.

All Parties including the govt.are having to re think what they have said,looked for and planned.

What may come as to any final deal is unpredictable for any Party or anyone to say at this time.
As to these plans, if there has to be a short or longer proposed transition period,then that in itself means the UK has not then yet fully left.

So it makes perfect sense to me to remain with all the in place benefits and issues until full severance.
I see nothing wrong at all with this announcement and there will also be plenty changes of thinking coming from the govt.too as to what they were briefly outlining a year ago.
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Old 27-08-2017, 09:07 AM #20
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Another misleading thread.
Labour has been got at over the last 2 years for NOT saying what its brexit policies actually are.

Now after talking to people,business and other sources it spells one out more clearly.
Then is accused of a u-turn.

All Parties including the govt.are having to re think what they have said,looked for and planned.

What may come as to any final deal is unpredictable for any Party or anyone to say at this time.
As to these plans, if there has to be a short or longer proposed transition period,then that in itself means the UK has not then yet fully left.

So it makes perfect sense to me to remain with all the in place benefits and issues until full severance.
I see nothing wrong at all with this announcement and there will also be plenty changes of thinking coming from the govt.too as to what they were briefly outlining a year ago.
You were one of her biggest critics for her u-turns, but singing a different tune when it's Corbyn! No surprise there! :roll eyes:
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Old 27-08-2017, 09:23 AM #21
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You were one of her biggest critics for her u-turns, but singing a different tune when it's Corbyn! No surprise there! :roll eyes:
The calling of the election is what I ridiculed her for in the main.

How can you u turn on something you havent yet finally decided totally on anyway.
Which is the Brexit hope and idea of all Parties still yet having to all re think their positions as to it.

When you equally criticise May and the govt for u turns and wrongs maybe then I'll take notice of any possible legitimate criticism of Labour.
Which the one in this thread in my view,falls well short of being.
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Old 27-08-2017, 10:08 AM #22
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The calling of the election is what I ridiculed her for in the main.

How can you u turn on something you havent yet finally decided totally on anyway.
Which is the Brexit hope and idea of all Parties still yet having to all re think their positions as to it.

When you equally criticise May and the govt for u turns and wrongs maybe then I'll take notice of any possible legitimate criticism of Labour.
Which the one in this thread in my view,falls well short of being.
But Corbyn has always been against EU membership and supported a hard Brexit with no single market - a soft Brexit is the next best thing to remaining in the EU. Recently there has been a lot of pressure from his party and certain papers to soften his approach to help his chances at the next election and opt for a 'soft Brexit'.

It amounts to 'screw principles' and go with what gives you the best chance of winning the next election. Most importantly it ultimately ignores the referendum result which is what many remainers have wanted all along! Somehow, I wonder why, it always comes back to that - remainers getting their way even if it means overturning a democratic vote. How very undemocratic of a supposedly democratic socialist party!

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Old 27-08-2017, 01:55 PM #23
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You were one of her biggest critics for her u-turns, but singing a different tune when it's Corbyn! No surprise there! :roll eyes:
The difference between the two is he has cemented what his stance is based on the good of the UK taking into account the wants and needs of citizens as well as the economy and business. He has in fact listened to what people want and reacted accordingly, it is in no way the same as the out and out lies told by may prior to the election.

Let's analyse the facts, what has May U turned on? All the policies that were offered carrot and stick style to the poor, disabled, homeless and low paid.
Can you deny that, could you give me one example where she hasn't gone back on manifesto pledges that directly disadvantage the most vulnerable?
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Old 27-08-2017, 08:49 AM #24
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http://www.independent.co.uk/news/uk...-a7913876.html

He is cranking it up a notch now. Desperate measures and all that!

Apart from anything else Britain isn't large enough for a federal government, which is commonly believed to work better in large countries such as the America.

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Old 27-08-2017, 11:25 AM #25
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As a Lib Dem I welcome this. Still wouldn't trust either Corbyn or May as far as I could throw them.

In a tactical vote now though, I'd be more willing to choose Labour over Tories purely for SM.
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