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The Economy

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Mapletree Flag Croydon 16 Jul 19 11.38pm Send a Private Message to Mapletree Add Mapletree as a friend

Originally posted by ChrisGC

Some of the technology isn't even that good to be fair, we call them random number generators. The stuff we've got is decent though, tip top.

I am picturing butterfly nets with glue on the mesh.

 
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ChrisGC Flag Wantage 16 Jul 19 11.41pm

Originally posted by Mapletree

I am picturing butterfly nets with glue on the mesh.

Christ almighty, the leak is worse then I thought!

Back to the drawing board.

 
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.TUX. Flag 18 Jul 19 7.17am

Originally posted by cryrst

Borrowing has happened since money was invented.
It is the way it is, as not many people can pay outright for much more than their shopping.
That's not down to the wealth gap it's down to the cost of things being what they are and wages reflecting what you bring to the table for your client or employer.

1. Never to this extent.
2. I never said it was.

Buckle up.

 

Buy Litecoin.
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Midlands Eagle Flag 18 Jul 19 7.50am Send a Private Message to Midlands Eagle Add Midlands Eagle as a friend

I'm involved in the commercial finance industry and many of the banks and finance companies that I deal with are complaining of a lack of enquiries as they have plenty of money to lend.

Commercial finance brokers also complain about a lack of companies wanting working capital for expansion too

 
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YT Flag Oxford 18 Jul 19 7.59am Send a Private Message to YT Add YT as a friend

Originally posted by ASCPFC

Being taxed to the hilt and with rising prices, whilst the government pretend there is no problem, means that even though I earn a good wage (way, way over the average), I can't afford much.
I also heard sales from some pretty big businesses are way down quite suddenly.
One might suggest a slump in consumer spending. Not good news as most Western countries have relied on consumer spending in the absence of any heavy industry and a lack of a manufacturing base.
Give it a year or even less and expect another global meltdown. I wouldn't fully think it's Brexit but the uncertainty of Brexit does not help - and I don't disagree with the idea of Brexit just to clarify.
My feeling is that the recession was only falsely averted by printing money (bailouts and quantitative easing). Eventually someone was going to have to pay the Piper. The problem is that we are all pipers and none of us saw anything get any better. Only the usual suspects benefitted.

What rate of tax do you pay, then, on your income in excess of the tax-free £12,500? And how does that rate compare with (say) 10 or 20 years ago?

Edited by YT (18 Jul 2019 8.00am)

 

Palace since 19 August 1972. Palace 1 (Tony Taylor) Liverpool 1 (Emlyn Hughes)
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regpaddock Flag Suffolk 18 Jul 19 8.15am Send a Private Message to regpaddock Add regpaddock as a friend

If you think the present situation is bad then vote for the people who control Corbyn and find out what being skint actually feels like.

 
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Badger11 Flag Beckenham 18 Jul 19 8.27am Send a Private Message to Badger11 Add Badger11 as a friend

Whilst I do not believe Brexit will wreck the economy the continuing uncertainty mainly cause by Remainers will harm the economy eventually.

It is over three years and we need a decision so that business can get on with planning.

I guess this is another tactic of Project Fear if you talk the economy down all the time and continue to block
Brexit eventually we will have a crash at which point Remainers will then don T shirts which say "I told you so".

The sooner we Brexit the better.

 

One more point
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ASCPFC Flag Pro-Cathedral/caravan park 18 Jul 19 10.28am Send a Private Message to ASCPFC Add ASCPFC as a friend

Originally posted by YT

What rate of tax do you pay, then, on your income in excess of the tax-free £12,500? And how does that rate compare with (say) 10 or 20 years ago?

Edited by YT (18 Jul 2019 8.00am)

A lot more than you and a lot more indirect taxes. Gross tax and deductions on my wages are at least a third. Tax is more than it used to be here. In the UK income tax for some may have gone down but you are being shafted in other ways. Rates would be one. In Ireland nearly everything is expensive. And my allowance is nowhere near 12,500 more like 3,500.

Edited by ASCPFC (18 Jul 2019 10.28am)

 

Red and Blue Army!
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chris123 Flag hove actually 18 Jul 19 10.40am Send a Private Message to chris123 Add chris123 as a friend

Originally posted by ASCPFC

A lot more than you and a lot more indirect taxes. Gross tax and deductions on my wages are at least a third. Tax is more than it used to be here. In the UK income tax for some may have gone down but you are being shafted in other ways. Rates would be one. In Ireland nearly everything is expensive. And my allowance is nowhere near 12,500 more like 3,500.

Edited by ASCPFC (18 Jul 2019 10.28am)

I had a fixed term opportuity in Dublin, but the tax and rent meant it just didn't work. I had no idea tax & cost of living was so high.

Edited by chris123 (18 Jul 2019 10.52am)

 
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mr. apollo Flag Somewhere in Switzerland 18 Jul 19 11.12am Send a Private Message to mr. apollo Add mr. apollo as a friend

How long after Brexit can we have a referendum to join the EU?

 


Glad

All

Over
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ex hibitionist Flag Hastings 18 Jul 19 12.36pm Send a Private Message to ex hibitionist Add ex hibitionist as a friend

Originally posted by Badger11

Whilst I do not believe Brexit will wreck the economy the continuing uncertainty mainly cause by Remainers will harm the economy eventually.

It is over three years and we need a decision so that business can get on with planning.

I guess this is another tactic of Project Fear if you talk the economy down all the time and continue to block
Brexit eventually we will have a crash at which point Remainers will then don T shirts which say "I told you so".

The sooner we Brexit the better.

please don't use the royal we, correct, the sooner you Brexit the better

 
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Rudi Hedman Flag Caterham 18 Jul 19 1.09pm Send a Private Message to Rudi Hedman Add Rudi Hedman as a friend

Originally posted by Badger11

Whilst I do not believe Brexit will wreck the economy the continuing uncertainty mainly cause by Remainers will harm the economy eventually.

It is over three years and we need a decision so that business can get on with planning.

I guess this is another tactic of Project Fear if you talk the economy down all the time and continue to block
Brexit eventually we will have a crash at which point Remainers will then don T shirts which say "I told you so".

The sooner we Brexit the better.

Well said.

 

COYP
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