81–90 of 166 posts
Don't worry, the Tories will just cut taxes on the rich again and that will fix everything /s
Consider yourself lucky you're not across the sea in the Netherlands. Inflation is 14%+ and household purchasing power is below the level it was 20 years ago.
brexit. Everyone in the media try to ignore the elephant in the room. But, brexit. I know several companies who are winding down, because they can't export. Just too much trouble and money. It is everywhere, and nobody talks about it. brexit.
Don't worry, the Tories will just cut taxes on the rich again and that will fix everything /s
This is such a simplified viewpoint. The UK has never been able to collect more than 39%-40% of GDP in taxes. And that's what the level is at now. Already everyone is paying as much tax as in history. (and the "rich" pay a lot of that, remember you pay £0 tax under £15,000 income per year). You can try and tax more, but it's highly unlikely to work based on past experience. And in these cases, like with corporation t…
The same as usually: increase the taxable base, not the tax percentage. Tax a larger base moderately than trying to out-tax the last dribbles of a dwindling, current economy.
To do this, work politically to make it easy and lucrative to do business and increase overall wealth, and make it productive and worthwhile for individuals to get more by working more.
This is 100% caused by the anti-Russian sanctions policy, yet not a single comment on this thread so far has even mentioned the sanctions and tried to engage in a reasoned debate about whether the economic costs paid by Europe (and especially the energy insecure nations within the EU) were worth whatever moral good boy points the sanctions buy us. Some have suggested the sanctions help Ukraine, but haven't articulate…
I just can't help but think there's some truth in the conspiracy theory I read on twitter from Kim Dotcom... this Ukraine war is an awfully convenient way for the US to completely decouple and destroy Europe and Russia. Which is a massive win for... the US. Who definitely didn't do much to PREVENT this war at any point. I don't think this was necessarily 100% intentional, but it definitely seems like an energy indepe…
Its amazing how that needs to be said and how that is a conspiracy theory even as US foreign policy think tanks have been advocating for that and even laid out many published, well thought out plans that are being implemented to the letter now.
https://www.rand.org/pubs/research_briefs/RB10014.html
That's CIA's PR arm. It published that in 2019. Every single policy that it outlined is being carried out now.
The propensity of the Angloamerican public to ignore what is inconvenient and see what they like is amazing. The Brexit process and the Ukraine war has been literal sociology cases in which one could finally understand how the nonexistent Iraqi WMDs and the ensuing war was sold to the Angloamerican public.
> I don't think this was necessarily 100% intentional
Oh boy, it was 100% intentional.
https://www.bloomberg.com/news/articles/2022-03-09/european-...
The Eu is removing itself as a competitor to the US as of this very moment. The UK had destroyed itself before that with Brexit.
Earlier quoted context omitted.
One solution is to tax wealth rather than income. That should be popular...
Nationalise some royal lands
Or at least taxing them the same rates as the peasants instead of letting them freeload.
This is 100% caused by the anti-Russian sanctions policy, yet not a single comment on this thread so far has even mentioned the sanctions and tried to engage in a reasoned debate about whether the economic costs paid by Europe (and especially the energy insecure nations within the EU) were worth whatever moral good boy points the sanctions buy us. Some have suggested the sanctions help Ukraine, but haven't articulate…
Do you have any sources showing how the Russian economy is growing?
Earlier quoted context omitted.
Remember that everyone is paying VAT, so yes little income are also taxed
I feel like we need a progressive VAT, which differentiates necessities from luxuries. Probably too complex to implement though.
It's definitely not that difficult to do.
Earlier quoted context omitted.
Consider yourself lucky you're not across the sea in the Netherlands. Inflation is 14%+ and household purchasing power is below the level it was 20 years ago.
I mean that's like every other EU county at this point. Is there anything specific to the Netherlands I'm missing?
brexit. Everyone in the media try to ignore the elephant in the room. But, brexit. I know several companies who are winding down, because they can't export. Just too much trouble and money. It is everywhere, and nobody talks about it. brexit.
I'll get downvoted for this, but this isn't true if you're one of the two protected classes in the UK: pensioners or welfare recipients. Both will see their income rise with inflation. If you're working then, sure, you're getting screwed as always because after just spending billions locking down the economy to saving boomers from Covid, this year we decided to spend billions bailing out boomers pensions, paying for…
German government just started UBI basically; in other words, they're buying their votes. Not getting your boomer hate, though.
It’s crazy that politics seems completely unable to adapt to the will of the people changing over time.
It think about this a lot with the Republican party in the US. If the Republicans did a 180 on a few key social issues they would be able to win easily with a margin that Democrats couldn’t easily close the gap on.