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Plans for State seizure of private capital being put in place

2

Comments

  • amcluesent
    amcluesent Posts: 9,425 Forumite
    >I feel sorry for the younger generation as things can only get worse<

    Aye, soon the living will envy the dead right enough
  • ash28
    ash28 Posts: 1,789 Forumite
    Mortgage-free Glee! Debt-free and Proud!
    Indeed that's true. All achieved by the simple device of paying a few £billions to consultants to build new systems for them.

    Phase 2 is called "NITWIT" [National Income Tax Withdrawl Information Technology]. It has flexible budgetry technology that basically eliminates tax returns and self-assessmentIt will be coupled to a new law that basically allows governments to spend whatever it likes, whenever it likes, and overnight, the money will be "allocated" around every single taxpayer according to an automated algorithm that knows how rich you are, what you are earning, and how you're spending you money. Hence an extremely good system for ensuring no Government Defecit ever again.

    And all HMRC staff can be put on the dole where they belong.

    I'm warming to it already.

    Sorry you got that wrong it's Tax Withdrawal Advanced Technology System (TW*TS).
  • Just make the black economy greater and more attractive. Do they really think that anyone getting cash in hand whilst on benefit will put some in the bank?
    I'd rather be an Optimist and be proved wrong than a Pessimist and be proved right.
  • How long before we have a cashless society- every transaction either online or via card ?
  • StevieJ
    StevieJ Posts: 20,174 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    It is strange how govt bureaucrats can shift between incompetent wasters to all knowing and all seeing in some peoples eyes, depending on the point they wish to prove :)
    'Just think for a moment what a prospect that is. A single market without barriers visible or invisible giving you direct and unhindered access to the purchasing power of over 300 million of the worlds wealthiest and most prosperous people' Margaret Thatcher
  • StevieJ
    StevieJ Posts: 20,174 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    Isn't this what we have just done?
    Inflation is in many ways a by-product of the democratic process. Every time that people vote they always support the party that promises them the most. It is hard to imagine that many people would vote for a politician that promised to cut expenditure or to reduce their standard of living.
    'Just think for a moment what a prospect that is. A single market without barriers visible or invisible giving you direct and unhindered access to the purchasing power of over 300 million of the worlds wealthiest and most prosperous people' Margaret Thatcher
  • ikr2
    ikr2 Posts: 176 Forumite
    Part of the Furniture 100 Posts Combo Breaker
    I always start from the position that any story in The Mail (and indeed most papers nowadays) is untrue unless there is independent confirmation. Particularly if it contains the word "sources"
  • kabayiri
    kabayiri Posts: 22,740 Forumite
    Part of the Furniture 10,000 Posts
    I'm operating a "brown paper bag to Lichenstein" scheme if anyone is interested.

    Just dump your bundles of well used tenners into brown envelopes; post them to me; and I forward them onto my "contacts" in Lichenstein

    (honest, I promise I'll send them....what's that knock at the door? .... Hello Occifer!)
  • chris_m
    chris_m Posts: 8,250 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    ikr2 wrote: »
    I always start from the position that any story in The Mail (and indeed most papers nowadays) is untrue unless there is independent confirmation. Particularly if it contains the word "sources"

    How about if it combines the words "informed" and "sources"?
    :rotfl::rotfl::rotfl:
  • purch
    purch Posts: 9,865 Forumite
    A Government source said: ‘Having information on a monthly basis will allow HMRC to keep track of what is going on with people’s earnings'

    And then we might at last be able to pay out Tax Credits correctly and efficiently :eek:
    'In nature, there are neither rewards nor punishments - there are Consequences.'
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