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 Rudi Hedman  Caterham 07 Nov 17 1.01pm |
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Originally posted by Kermit8
Well in that case I would suggest that if that someone's built up life dissolved because they now had to take home only 8k a month rather than 9k - your making my heart bleed here Propensity to spend falls as income rises and propensity to save, by whatever means, rises.
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- then they had already pushed themselves too dangerously close to the edge financially. | Rudi Hedman Caterham 07 Nov 17 1.15pm |
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Originally posted by Lyons550
Amazon need fulfilment centres and van distribution centres dotted around the mainland to keep it delivering next day or same day. They could move 'upstairs' off the mainland and I'd guess employees would follow, but then future applicants are likely to be from that country or island.
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| Lyons550 Shirley 07 Nov 17 1.30pm |
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Originally posted by Rudi Hedman
Amazon need fulfilment centres and van distribution centres dotted around the mainland to keep it delivering next day or same day. They could move 'upstairs' off the mainland and I'd guess employees would follow, but then future applicants are likely to be from that country or island.
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| Rudi Hedman Caterham 07 Nov 17 1.35pm |
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Originally posted by Lyons550
I know but they still need to employ, operate, buy equipment, installation staff etc here. What's stopping Britain introducing rates on on the centres businesses have to use when their accounting is held off shore? The OECD will probably take ages.
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| hedgehog50 Croydon 07 Nov 17 1.46pm |
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When tax rates are lower, more money is actually collected than when the rates are higher. This is because companies and individuals do not want the inconvenience and costs of complex schemes to avoid tax. Also they are prepared to work harder in the first place to earn more money when they get to keep more of it. Tax them too much and companies and individuals have no incentive to work and tax revenues drop.
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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Kermit8  Hevon 07 Nov 17 1.53pm |
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Originally posted by hedgehog50
When tax rates are lower, more money is actually collected than when the rates are higher. This is because companies and individuals do not want the inconvenience and costs of complex schemes to avoid tax. Also they are prepared to work harder in the first place to earn more money when they get to keep more of it. Tax them too much and companies and individuals have no incentive to work and tax revenues drop. How does that work? Are you saying rich people like Hamilton would say 'no' to their legal loophole expert accountants ideas if their tax was lowered to say 20% even though they could still avoid more doing it their man's way? He already lives in Monaco so pays very little tax already yet his companies are still jumping all over avoidance schemes. Greedy wealthy people aren't going to change just because their tax is lowered. If they can get get back VAT and suchlike they will even if their tax was 10%.
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| Rudi Hedman Caterham 07 Nov 17 1.57pm |
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Originally posted by Kermit8
How does that work? Are you saying rich people like Hamilton would say 'no' to their legal loophole expert accountants ideas if their tax was lowered to say 20% even though they could still avoid more doing it their man's way? He already lives in Monaco so pays very little tax already yet his companies are still jumping all over avoidance schemes. Greedy wealthy people aren't going to change just because their tax is lowered. If they can get get back VAT and suchlike they will even if their tax was 10%. It's a proven stat in the U.K. I expect a lot of people take their earnings now instead of keeping it in the business or shares and equity for future payments. Have to laugh though at people who think business rates should keep coming down towards Ireland levels when we're currently much lower than most of Europe.
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| Rudi Hedman Caterham 07 Nov 17 1.59pm |
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I remember hearing an eu law that West Ham could've broken with unfair advantage over their Olympic stadium agreement. I expect Amazon escape this being based in Luxembourg.
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| steeleye20 Croydon 07 Nov 17 2.04pm |
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Originally posted by hedgehog50
When tax rates are lower, more money is actually collected than when the rates are higher. This is because companies and individuals do not want the inconvenience and costs of complex schemes to avoid tax. Also they are prepared to work harder in the first place to earn more money when they get to keep more of it. Tax them too much and companies and individuals have no incentive to work and tax revenues drop. They are in the very fortunate position of having wealth by work or not depends who or what it is. So they have a unique position, unlike the vast majority of us, of being able to contribute more to the society that made them wealthy. It is actually their reward to be able to contribute more. They should be happy!!!!!!!
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| hedgehog50 Croydon 07 Nov 17 2.04pm |
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Originally posted by Kermit8
How does that work? Are you saying rich people like Hamilton would say 'no' to their legal loophole expert accountants ideas if their tax was lowered to say 20% even though they could still avoid more doing it their man's way? He already lives in Monaco so pays very little tax already yet his companies are still jumping all over avoidance schemes. Greedy wealthy people aren't going to change just because their tax is lowered. If they can get get back VAT and suchlike they will even if their tax was 10%. More corporation tax is being collected since they lowered the rates. Also, remember the Rolling Stones in the 70s going to live in France when Labour had a higher rate tax band of over 80% (98% in some cases) in order to fund their socialist utopia (whatever happened to that?). By the way, once you have taken all the money from those who have it and given it to those who do not and they have spent it, then what do you do?
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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| Rudi Hedman Caterham 07 Nov 17 2.06pm |
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Originally posted by hedgehog50
More corporation tax is being collected since they lowered the rates. Also, remember the Rolling Stones in the 70s going to live in France when Labour had a higher rate tax band of over 80% (98% in some cases) in order to fund their socialist utopia (whatever happened to that?). By the way, once you have taken all the money from those who have it and given it to those who do not and they have spent it, then what do you do? And The Beatles in America? Bono? Any more?
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| hedgehog50 Croydon 07 Nov 17 2.08pm |
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Originally posted by steeleye20
They are in the very fortunate position of having wealth by work or not depends who or what it is. So they have a unique position, unlike the vast majority of us, of being able to contribute more to the society that made them wealthy. It is actually their reward to be able to contribute more. They should be happy!!!!!!! Sing the Internationale while being plundered you mean - like the victims of the Moscow show trials saying how much they deserved to be shot.
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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