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  1. K

    Politics, politics, politics (so long and thanks for all the fish)

    My employer makes me have an electric or hybrid. Went electric due to the low BIK and running costs (plus feeling good about my emissions footprint) but yes the list prices for electric are ridiculous.
  2. K

    Politics, politics, politics (so long and thanks for all the fish)

    Yes, loads of people point to statistics that show poverty is increasing in this country. I have to explain that that's because poverty has largely been eradicated in this country so a load of bored civil servants have had to invent a load of new classifications for poverty. I think the latest...
  3. K

    Politics, politics, politics (so long and thanks for all the fish)

    Yes, the tax system is ridiculously complex in this country and full of daft s***. Want to know about unfairness in the tax system? My wife and I are not entitled to child benefit, because my taxable income is over the £80,000 a year threshold. This is a lot down to the fact that I have a...
  4. K

    Politics, politics, politics (so long and thanks for all the fish)

    QQ. Which of the two illustrated situations is better?
  5. K

    Politics, politics, politics (so long and thanks for all the fish)

    Just on the whole tax fairness piece as well, the Gary Lineker court case illustrated actually how difficult it is for the government to "tax the rich" and actually claw in all of that revenue against people with top tax advisors, lawyers and the funds to fight them in the courts. HMRC poured a...
  6. K

    Politics, politics, politics (so long and thanks for all the fish)

    That's exactly what does happen though. Tax avoidance is limited by law and where there are avoidance schemes, these are generally for the reasons you've outlined. For example, scrapping the Non Dom scheme is expected to come at a net cost to the Treasury in lost revenue, as is the closure of...
  7. K

    Politics, politics, politics (so long and thanks for all the fish)

    They talk as if the stuff the rich do to avoid tax is somehow not available to them to do. Want to open an offshore bank account, you can open an offshore account today via multiple providers in the BVI, Gibraltar or Cayman Islands to name a few choice destinations. Not got a secure permanent...
  8. K

    Politics, politics, politics (so long and thanks for all the fish)

    They do pay their fair share though. If you're on minimum wage in this country, you don't pay income tax. 60% of the government's entire income tax revenue currently comes from the top 10% of earners. An incredible 30% of income tax revenue is currently generated by the top 1% of earners. Income...
  9. K

    Politics, politics, politics (so long and thanks for all the fish)

    It's always the politics of green eyes. It's not fair that Elon Musk bust a gut to get two degrees, founded a series of successful start-ups from scratch including what became PayPal and Tesla, pioneering non-bank payments infrastructure and breaking electric vehicles into the mass-market...
  10. K

    Politics, politics, politics (so long and thanks for all the fish)

    News flash: if the financial situation goes to pot, people's health goes to pot. Absolutely no need to be an economist to be Chancellor. It's a political appointment first and foremost. What is absolutely wrong is banging on about being an economist all election campaign, referencing your time...
  11. K

    Politics, politics, politics (so long and thanks for all the fish)

    The video isn't really worth looking into for me. I've explained to you why austerity was necessary. It was nothing to do with a paper claiming that debt hurt economic growth. It was about needing to introduce liquidity back into the banking sector and wider economy and the fact that the huge...
  12. K

    Politics, politics, politics (so long and thanks for all the fish)

    If that makes you feel better then go ahead, believe what you want.
  13. K

    Politics, politics, politics (so long and thanks for all the fish)

    As I've explained, in 2010, the budget deficit was 10% of GDP. I.e. the government was committed to borrowing 10% of GDP every year. It took the government until 2017/2018 to bring the deficit down to a figure which could easily be managed without significant annual borrowing (for example via...
  14. K

    Politics, politics, politics (so long and thanks for all the fish)

    Boris Johnson wasn't sacked. so it isn't "just a fact" is it. In fact, I could accuse you of lying. You were made aware, by the national media, that Boris Johnson resigned, yet you chose to use the word "sacked", therefore you are a liar. This is pretty much what people do with Johnson, they...
  15. K

    Politics, politics, politics (so long and thanks for all the fish)

    In the far future, humanity lives in a utopia, free from war, famine, disease and pollution. An enlightened, happy people live off universal basic income provided by the government to spend as they wish on produce and services owned by, operated by and provided by the government. The...
  16. K

    Politics, politics, politics (so long and thanks for all the fish)

    I'm sorry but I think you're so far down the party rabbit hole you can't see the wood for the trees. It's easy to throw around stuff like "Boris Johnson is an insane liar" because that's what you've heard lots of people that detest him say countless times. He certainly hasn't lied about...
  17. K

    Politics, politics, politics (so long and thanks for all the fish)

    I'm not decrying her CV. She lied about her CV. It doesn't look like she ever worked as a fully qualified economist. Doesn't that alarm you? Or if your mum was about to have hip surgery and you found out the surgeon doing it wasn't a qualified surgeon and had actually dropped out of medical...
  18. K

    Politics, politics, politics (so long and thanks for all the fish)

    Hunt did a frankly incredible job on the economy in a very short period of time. I very much see what Reeves has done with the budget to be an extremely bad move and one very much in the wrong direction. Market confidence in the UK has also died on its arse since, which says it all.
  19. K

    Politics, politics, politics (so long and thanks for all the fish)

    I wasn't comparing to the tories. I was airing the increasing sense of disappointment that any hope that the change of party in government represented a change in what we've had to put up with as the general public is being brutally snuffed out by the day. Incidentally, misrepresenting your...
  20. K

    Politics, politics, politics (so long and thanks for all the fish)

    Is she a serious economist though and are her credentials fine? That's actually the whole point isn't it. You're taking her credentials as read when actually her credentials for what is probably the most significant job in government in terms of direct and immediate impact on people's lives -...
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