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06-01-19, 03:17 PM | #31 | |
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Re: to all the workers, a message from the bosses
Quote:
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06-01-19, 04:34 PM | #32 |
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Re: to all the workers, a message from the bosses
Taxes have to increase, it is inevitable as the cost of supplying services keeps going up. We do indeed need to balance our spending but at some point someone will have to bite the bullet and say enough is enough - we've cut things too far and we need more funding, so PAYE or NIC or other taxes will have to rise. Trouble is no politician of any party will want to go down in history as the one to do that so expect this to get a lot worse...
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06-01-19, 05:20 PM | #33 |
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Re: to all the workers, a message from the bosses
What you could do is take profit from industry to help fund services. It's easy enough. Own water companies, electricity companies, train and bus operators, state telecom operators. Own the national air carrier. It would be like owning the family silver and not having to buy it in.
A bit leftie. A bit Corbyn. I know. Who owns the companies that currently operate buses in this country? Other countries governments! trains? Water companies? You get the idea. You'll soon be able to check the things faster when we get 5G. Run on equipment owned by another country. |
06-01-19, 05:53 PM | #34 | |
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Re: to all the workers, a message from the bosses
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You could tax aviation fuel, which would also have environmental brownie points but no politician has the balls to be the first to tax holidays. Look at non means tested benefits, like free prescriptions for the over 60's, no matter how wealthy you are or how high your income is over 60's get them free. My particular gripe with benefits atm is bus passes. In Northumberland if you can walk more than 64 meters you are not entitled one, so if you have a bad leg (I've had both fibula's removed) but can walk the 150 meters to the bus stop you cannot have one, whilst if you cannot walk 64 meters but live 65 meters or more from the bus stop you cannot make use of it. Utter madness. However if you are deaf you can have one no matter how rich you are or how much you earn.
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07-01-19, 10:18 AM | #35 |
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Re: to all the workers, a message from the bosses
Companies would alter their ownership structure and would still shunt their profits to the lowest taxation country. All of the large IT companies I have worked for do this - the UK operating (Ltd) company would be owned by, say, the Irish operating country who would "charge" the UK a % of their revenue. This meant the UK made a loss, paid little or no UK corporation tax, and all of the profits were then held in Ireland which at the time had a very low CT rate. This is what all large corporates do. A simple paper shuffling job and some formal board minutes is all it takes to "sell" the UK operating company to, say, Lichtenstein who will then be ones to hold all the profits. Small companies cannot do this and will be the ones that suffer if UK CT rates go up - they'll either go bust, reduce their workforce or just about scrape by. The Treasury may get a little more cash but it may deter entrepreneurs from setting up new companies and the economy may stagnate which defeats the object. It's a very difficult balancing act for successive governments who all try to encourage growth by lowering CT rates while trying to preserve incomes from it. Glad I don't have the headache of setting fiscal policies.
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07-01-19, 12:52 PM | #36 |
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Re: to all the workers, a message from the bosses
Nationalise them.
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07-01-19, 01:35 PM | #37 |
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Re: to all the workers, a message from the bosses
I always thought your Nick related to paint colour...
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07-01-19, 02:20 PM | #38 |
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Re: to all the workers, a message from the bosses
i agree.
privatisation was supposed to give us cheeper and better services via competition.. ermmm no it never could due to shareholders making profits. but the dumb greedy public thought they could make a quick buck.. biggest con the Gov has ever confused the public with.. you paid for your shares twice... |
07-01-19, 02:45 PM | #39 | |
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Re: to all the workers, a message from the bosses
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But for some reason nationalization never works either. Perhaps it's due to inefficiency because no-one gives a flying one anymore because there's no profit in it, or because the gov't is really rubbish at running things, or any combination of the above. Anyone got any insight here?
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07-01-19, 03:15 PM | #40 | |
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Re: to all the workers, a message from the bosses
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think of it this way.. lets say BT supply 20,000,000 UK households with a phone line and charge £10 a month on "line rental" thats £2,400,000,000 a year on line rental alone. even if the Gov end up making £2,000,000 a year profit then thats still better than nothing. all privatised companies are interested in is profit to keep their "share holders" happy, i'll rephrase that "executives" rich and happy. the public are not told this when all the privatisation was going on. instead the Gov made a quick buck to keep the wolves from the door. so what are they going to sell next so they can keep the payments going on the ever increasing national debt....... the public no longer have a grip on their politicians who will now do as they please. |
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