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General Election 2017
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 serial thriller  The Promised Land 07 Jun 17 10.45am |
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Originally posted by Stirlingsays
Well I've taught business at GCSE level which is probably more than you have. If the top five percent's money stuck around for you to tax it then you could say it was costed....but it won't. Let me say this slowly for you once again....capital flight. Hollande's incoming economic plan was costed as well. Woah guys. Step back. We have an expert talking. It is depressing that a lot of people think the only reason businesses trade in this country is they can get filthy rich and give nothing back. I like to think we have a bit more to offer, dont we? Relatively stable civil society, great culture, history...do none of these things stop a rich person f***ing off if they have to pay a bit more tax? And even under corbyns proposals, corp tax will be 14% lower than America's. So come on mr business expert, why have they not experienced capital flight?
If punk ever happened I'd be preaching the law, instead of listenin to Lydon lecture BBC4 |
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| CambridgeEagle Sydenham 07 Jun 17 10.46am |
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Originally posted by Stirlingsays
You need more analysis on the fact that the money won't be there? I repeat once again, capital flight. Something Labour can do nothing about and would happen the moment business realised Corbyn was coming in. Unfounded conjecture. Where will business go? Why are any businesses still in Germany? They have corporate tax of 30%. Japan has 31% but there is still a few companies there last I checked. Your view is not only simplistic it's unfounded and wrong. Read this: [Link]
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| hedgehog50 Croydon 07 Jun 17 10.47am |
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Originally posted by CambridgeEagle
That's clearly what Gove et al thought. Your contempt for the electorate speaks volumes.
We have now sunk to a depth at which the restatement of the obvious is the first duty of intelligent men. [Orwell] |
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| DanH SW2 07 Jun 17 10.48am |
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Originally posted by Stirlingsays
Well I've taught business at GCSE level which is probably more than you have. If the top five percent's money stuck around for you to tax it then you could say it was costed....but it won't. Let me say this slowly for you once again....capital flight. Hollande's incoming economic plan was costed as well. I have an economics degree ta. Capital flight will much more likely be caused by market conditions being made less favourable once we leave the EU. Labour seem much more determined to keep us as close to single market access as possible - the only sensible thing for tyring to prevent businesses relocating. You'd be surprised how much capital form businesses and the 5% is already outside the UK anyway.
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Y Ddraig Goch  In The Crowd 07 Jun 17 10.50am |
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Originally posted by CambridgeEagle
Same right wing press that is owned by people who benefit personally in a significant way from having a Tory in Downing Street? Shock horror. The main story appears to be the one about the Home Office (can't recall who was Home Secretary for 6 of the last 7 years - can anyone help?) letting one of the terrorists enter the country despite him being on a watchlist and being informed of this by the Italians. According to the Italians, the Met & MI5 apparently have no record of this
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| CambridgeEagle Sydenham 07 Jun 17 10.50am |
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Originally posted by Hansy
That is on the basis of everything remaining the same from Friday to 2020 A business whose taxes will be increased, and minimum wage increased as well as their directors no doubt being taxed more; with Brexit looming. Ireland is looking more and more appealing. I haven't looked into the costings of the Labour Manifesto. I know they are paying majority through Corporation Tax and 5p increase in higher earners (Anyone tell me what else they are doing?); is that enough to cover the near 100bn they will need, plus the potential divorce bill from the EU? No it isn't. Read the document. It's based on a number of assumptions and includes changes in behaviour. It also compares the difference between what the Tories want and what Labour wants so comparing 26% with 17% rather than the current 19% rate of CT. Both parties would have to cover the EU divorce settlement. Tories have no plans to raise the money out of anything other than debt or cuts.
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Kermit8  Hevon 07 Jun 17 10.52am |
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Originally posted by Y Ddraig Goch
According to the Italians, the Met & MI5 apparently have no record of this It wouldn't matter if they had told them or not. At border control the EU watch-list would have flagged up once the passport was vetted. But, for some reason, he was let through.
Big chest and massive boobs |
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| CambridgeEagle Sydenham 07 Jun 17 10.53am |
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Originally posted by DanH
I have an economics degree ta. Capital flight will much more likely be caused by market conditions being made less favourable once we leave the EU. Labour seem much more determined to keep us as close to single market access as possible - the only sensible thing for tyring to prevent businesses relocating. You'd be surprised how much capital form businesses and the 5% is already outside the UK anyway. JP Morgan have already purchased a new HQ building in Dublin and will be moving staff there whatever tomorrow's result. The way to differentiate the UK is to have high levels of skill (invest in education) and good public services (so people want to live here). This requires investment in the economy and in our public services. Not cuts. These things are much more valuable to businesses than a few % difference in CT.
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| Hansy 07 Jun 17 10.59am |
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Originally posted by CambridgeEagle
Where do you think all these people will go? Bear in mind the costings incorporate change of behaviour. I would end up paying more in tax if Labour win but I won't be leaving. I'm more likely to leave if Tories win as I value public services and my wife works in the NHS and it's disheartening to see what Jeremy *unt and the Tories have done to it over the last 7 years and the direction of travel they are committing to. On a personal level yes, it is harder to leave. on a business level it is much more convenient to leave or move their HQ across the Irish Sea. You claim to have a economics degree? I can't remember. Surely you can see it will be more beneficial for a business operating within the EU to move to Ireland if the UK are threatening to increase Corp Tax, Personal Tax, Minimum Wage, as well as not having the confirmation of Single Market Access.
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| Hansy 07 Jun 17 11.03am |
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Originally posted by Kermit8
It wouldn't matter if they had told them or not. At border control the EU watch-list would have flagged up once the passport was vetted. But, for some reason, he was let through. Plus we have a Mayor who is more focused on removing Trump's state visit, than calling to remove those that have fought in Syria.
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| Stirlingsays 07 Jun 17 11.13am |
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Originally posted by DanH
I have an economics degree ta. Capital flight will much more likely be caused by market conditions being made less favourable once we leave the EU. Labour seem much more determined to keep us as close to single market access as possible - the only sensible thing for tyring to prevent businesses relocating. You'd be surprised how much capital form businesses and the 5% is already outside the UK anyway. If economic competence were the reason they were awarded you obviously wouldn't have one. If you have one. Hollande had the same fantasy tax dreams. Capital flight is precisely what happens when you raise taxation on the richest without there being sufficient cause for them to stay invested. Edited by Stirlingsays (07 Jun 2017 11.14am)
'Who are you and how did you get in here? I'm a locksmith. And, I'm a locksmith.' (Leslie Nielsen) |
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| Stirlingsays 07 Jun 17 11.16am |
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Originally posted by Hansy
Plus we have a Mayor who is more focused on removing Trump's state visit, than calling to remove those that have fought in Syria. Yep, like most of the left he has no real answers to terrorism other than increasing Police numbers (when it took eight minutes to kill these murderers) and holding hands and singing 'imagine'.
'Who are you and how did you get in here? I'm a locksmith. And, I'm a locksmith.' (Leslie Nielsen) |
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