Politics Today

[BigBanker]

So you can’t tell me what the OECD’s “real GDP growth” means?

It's GDP adjusted for inflation/deflation old boy.

Very useful, unless you're convinced that Venezuela has the fastest growing economy in the world.

 

[BigBanker]

As you say Hunt’s comment was pretty crass. I don’t think he is very bright.

Are you in favour of the 40% tax rate kicking in at a lower income level ?

No, the 40% bracket should have moved in line with inflation over the past few years and kick in much higher.

'But where will we fill that income deficit' I hear you cry?

The super rich is and always will be my answer. Tax their assets in an attempt to slow the biggest wealth transfer in history, which is already well out of control.

Someone earning £30k per year has more in common with someone earning £100k than they do with a billionaire.

 

[arthur]

An alternative take

And what Brexit opportunities remain untaken? Apart from the opportunity to remain in the Single Market and Customs Union and enjoy frictionless trade with 440 million people on our doorstep ....

 

[arthur]

Looks like some G7 countries aren’t making the most of their EU membership!…………

View attachment 15064

That's because of all the immigrants. What is the growth in GDP per capita?

 

[arthur]

No, the 40% bracket should have moved in line with inflation over the past few years and kick in much higher.

'But where will we fill that income deficit' I hear you cry?

The super rich is and always will be my answer. Tax their assets in an attempt to slow the biggest wealth transfer in history, which is already well out of control.

Someone earning £30k per year has more in common with someone earning £100k than they do with a billionaire.

A Guardian piece for Jinx to enjoy. Tavy should enjoy it too, as it's written by a patriot

I have a great way to bring down inflation – make millionaires like me pay more tax | Phil White

We expect families on limited incomes to curb spending – yet it’s the rich who should be doing our bit with greater taxation on wealth, says Phil White

www.theguardian.com

 

[BigBanker]

A Guardian piece for Jinx to enjoy. Tavy should enjoy it too, as it's written by a patriot

I have a great way to bring down inflation – make millionaires like me pay more tax | Phil White

We expect families on limited incomes to curb spending – yet it’s the rich who should be doing our bit with greater taxation on wealth, says Phil White

www.theguardian.com

Labour have no plans to do this, do they?

 

[arthur]

Labour have no plans to do this, do they?

I don't imagine Labour will publish many hard and fast plans much before the election lest the Tories carry on nicking them...

Some interesting energy plans being publicised today though. These involve targetted public investment in a state owned energy company that will in turn attract three times as much private investment and hence grow the economy while increasing energy security. Not much chance of the Tories nicking this idea - it's far too stupid. Any fule kno that the best way to grow the economy is to cut taxes

 

[BigBanker]

I don't imagine Labour will publish many hard and fast plans much before the election lest the Tories carry on nicking them...

I'll believe it when I see it.

 

[elginCity]

Why give pre-election ammo to the Tories and their client media - keep the powder dry while polling allows it. SKS championed the underdog long before he became a politician, no reason to doubt he will again.

 

[cannockred]

A Guardian piece for Jinx to enjoy. Tavy should enjoy it too, as it's written by a patriot

I have a great way to bring down inflation – make millionaires like me pay more tax | Phil White

We expect families on limited incomes to curb spending – yet it’s the rich who should be doing our bit with greater taxation on wealth, says Phil White

www.theguardian.com

This fits the ' I'm comfortably well off but I think the folks with more money should pay even more to keep me comfortable ' school of thought.

Mind you I dont pay uk taxes so I dont care.