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Chelseafan

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Posts posted by Chelseafan

  1. 14 minutes ago, shy coconut said:

    I think the top 1% are paying 28% of income tax, I'm sure vat, and various taxes on financial

    and property transactions, for example, account for a fair chunk of government income.

     

    If you really are part of the top 1% earners, then I am sure you can afford an accountant firm

    to make the burden less painful.

     

    To think a Thai visa forum member is earning more than 90% of premiership footballers

    is somewhat doubtful in my mind.

    Yes, income tax. I quoted from an article.

    https://fullfact.org/economy/do-top-1-earners-pay-28-tax-burden/

    And according to the IFS, I am in the top 1% of taxpayers. Obviously this does not include what I pay in additional taxes such as VAT, London charge, Petrol, ciggies (dirty habit) etc

    https://www.ifs.org.uk/tools_and_resources/where_do_you_fit_in

     

     

     

     

     

     

     

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  2. 2 hours ago, tomacht8 said:

    The unfair distribution of incomes in the UK has risen sharply, a few who have already a lot are getting a lot more, and many are only getting crumbs.

    To blame the EU for this is propaganda nonsense. Other EU countries have better managed the distribution of the cake within their countries. 

     

    https://www.bloomberg.com/opinion/articles/2019-03-01/u-k-inequality-is-deeper-than-you-think

    I think this article refers to disposable income not total income.

    Why is it 'unfair distribution'? Hasn't that always been the case in a capitalist society ? I don't necessarily disagree with you but please remember that the top 1% of earners (and I'm one of them) in the UK are paying 28% of the tax burden.

     

    • Like 2
  3. 4 hours ago, bomber said:

    Another one of them coincidences to add to the list.them fens will soon be the bread basket of britain 5000 local turkeys to be joined by 20000 turkeys from sunderland,there will be more gobbling going on than down the coconut bar abd soi 6 

    Companies go bankrupt every day. British Steel has been in trouble since the 70's. Read up...

    https://en.wikipedia.org/wiki/British_Steel_(1967–1999)

    • Like 2
  4. 3 hours ago, bomber said:

    Twitching i doubt...fed up with a former has been super power still thinking it has clout in the world is about all...a handful of meaningless trade deals not worth the paper they were written on in 3 years tells its own story...a piece of cake and win win win was the lies the bulldogs believed...l see british steel and 5000 jobs are ready to go i  scunthorpe a brexit town....how ironic,at least the tatty picking and turkey plucking jobs are near by,turkeys plucking turkeys how ironic

    Here we go again....with or without Brexit, British Steel was likely to go eventually. It's far too uncompetitive.

    • Like 2
  5. 4 hours ago, dick dasterdly said:

     

    So I can assume that none of us know how the eu agreed to the extension - bearing in mind that french politicians made it very clear that they would not support an extension???

    I think (and correct me if I'm wrong) the Germans were prepared to give another year but the French wanted it all sorted in 3 months. Between them they compromised on 6months.

     

    • Like 2
  6. 1 hour ago, AlexRich said:

    He’s a talking head .... he’s never ran a business in his life. Line the idiot up against the numerous economists and commentators who don’t think Brexit was a great idea for the economy and business ... Warren Buffet being one just recently. Now he does know something about business.

    https://www.cnbc.com/2017/12/15/warren-buffetts-failures-15-investing-mistakes-he-regrets.html

     

    He doesn't get it right all the time either.

  7. 2 hours ago, aright said:

    You are most probably right...he's a real dolt .

    Liam Halligan has written his weekly Economic Agenda column in The Sunday Telegraph since 2003 – which enjoys a wide international readership and has been recognised with a British Press Award. He is Editor-at-Large and a shareholder of bne-Intellinews and has extensive business experience. Halligan took degrees in economics from the Universities of Warwick and Oxford and has held economic research posts at the International Monetary Fund, the Social Market Foundation and the London School of Economics. He has reported from Moscow for The Economist, been Political Correspondent for The Financial Times and for eight years was Economics Correspondent at Channel Four News – where he won the Wincott Business Broadcasting Award an unprecedented four times. 

    So he has never had a job in business nor run a company. Not saying the blokes stupid but he could make 100 predictions of what's going to happen and get 70 of them right but the ones that REALLY matter are the other 30.

    • Like 1
    • Thanks 1
  8. 2 hours ago, aright said:

    LIAM HALLIGAN is an economist, writer and broadcaster – and also has extensive business experience. He is best known for his weekly “Economics Agenda” column in The Sunday Telegraph, which he has written since 2003. The column enjoys a large international following and has been recognized with a highly-coveted British Press Award. 

     

    Given your view or Liam Halligans view I have made my choice

     

    The public finances are on the mend, recording a healthy surplus in January on booming tax receipts. Employment is at record levels, with real wage growth at a two-year high. Despite a global slowdown, Britain expanded 1.4 per cent last year, recording just 4 per cent unemployment. Yet Germany and France are on the brink of recession, the Italian economy is contracting and eurozone joblessness is twice as high.

    https://www.economistsforfreetrade.com/Media/the-telegraph-britains-economy-is-set-to-boom-and-become-the-largest-in-europe-because-of-brexit/

    Can't really say any of that has to do with Brexit though and it depends on how you view public finances. We still owe £1.8trillion and that figure is growing (if the Government was a business it would be bankrupt!). Unemployment has been in decline for the past 7 years thanks in part to zero-hours contracts and a review of the benefits system which has forced (in some cases) disabled people back to work.

     

    Ultimately we all have an opinion but no-one REALLY knows what effect a hard Brexit will have on the economy, we can only surmise with current data and It would be interesting to go back on Mr. Halligans articles and see how many times he has been wrong since 2003

     

     

     

     

     

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  9. 20 minutes ago, RuamRudy said:

    And if the price of warm water prawns falls as tariffs are removed, I assume you will see that ratio increase further as people switch from cold water prawns?

    Absolutely and a bloody good thing too. There's nothing to stop the consumer from buying coldwater's if they want but they have the option of potentially paying a lot less for the warm waters. The Scottish market for prawns is minute. Their focus is on Salmon which incidentally is way overpriced too.

    • Like 1
  10. 9 minutes ago, AlexRich said:

    There are people in the UK today who will lose their businesses or careers over Brexit ... for no real economic benefit to the rest of us. The benefits of Brexit are in the imaginations of Brexiteers ... the only difference is that when there is an economic issue they won’t be able to blame it on the EU (although I guess they’ll have a go at trying). A pointless exercise that will make people on their way out “feel” better ... like your team winning the cup and then back to work on Monday.

    Again, this is supposition. Even today good and well run businesses thrive and those that are managed poorly or don't understand their consumer go under. No-one knows the future but staying in is just asking for more bureaucracy and control from the EU. I will admit that I would feel more confident if there was a plan to exit which at the moment there doesn't seem to be one.

     

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