The poster in the window

IveSeenTheLight

ILW wrote: »

UKUncut are a bunch of losers that have never produced or done anything in their lives and prefer to just complain about how hard done by they are.

There's a familiar ringtone to the words you say, but I can;t quite put my finger on it

Mallotum_X

Some of the large corporations operating in the UK actually trade here too. Tesco, for instance isnt about to just f##k off any time soon. The bankers, well maybe it wouldnt be such a bad thing if some of them did clear off. But the brutal truth is many of them want to be in the UK, any of the individuals that were to just f##k off should be made to give up their passport, it would be interesting how many would still want to clear off to Singapore if they were no longer a British citizen.

Yes its not a simple answer on tax, but the large earners etc are taking the p'ss. We all get fed up of benefit scroungers, but the truth is there isnt really much difference between a tax dodger and a benefit scounger.

pqrdef

ILW wrote: »

The brutal truth is that if the super rich individuals and corporations are heavily chased for extra, they will just take their money (and the jobs which this creates) to more friendly countries.

Yeah yeah. No we won't miss them or their money or the tax they don't pay.

Mostly they're "rich" because of the money we pay them. They think they can take it with them, but actually it's still here and we'll just pay it to their replacements.

We should worry about losing jobs, not people. But we've lost the ones we can lose. The ones we've got left need to be here.

ILW

Mallotum_X wrote: »

Some of the large corporations operating in the UK actually trade here too. Tesco, for instance isnt about to just f##k off any time soon. The bankers, well maybe it wouldnt be such a bad thing if some of them did clear off. But the brutal truth is many of them want to be in the UK, any of the individuals that were to just f##k off should be made to give up their passport, it would be interesting how many would still want to clear off to Singapore if they were no longer a British citizen.

Yes its not a simple answer on tax, but the large earners etc are taking the p'ss. We all get fed up of benefit scroungers, but the truth is there isnt really much difference between a tax dodger and a benefit scounger.

With the exception of retail, virtually any business could leave this country if they figure the tax advantages are worth it. Would you rather have a rich individual paying a few million quid a year in the UK or nothing at all?

I do remember the 70s when many of the high earning rock stars just left. Business people are the modern equivalent. It is a balancing act.

Mallotum_X

ILW wrote: »

With the exception of retail, virtually any business could leave this country if they figure the tax advantages are worth it. Would you rather have a rich individual paying a few million quid a year in the UK or nothing at all?

I do remember the 70s when many of the high earning rock stars just left. Business people are the modern equivalent. It is a balancing act.

Agreed it is a balancing act, but one that appears to be heavily stacked the wrong way. There are measures that can be put into place to reduce the desire to leave, such as residency type changes. It’s not that hard to close some of the loopholes.

Yes it’s a complex subject, but one that does not currently have much political will to solve. I don’t think it’s impossible to raise the amount of tax received net of anyone that leaves.

The current tax system allows large organisations to offshore profits earned in the UK, that wouldn’t be that hard to reduce the tax lost this way through legislation. Agreed it would be impossible to stop completely, but with the example of retail it really is a disgrace that the likes of Tesco are able to shift profits out of the UK like this.


Surely you don’t think we should not try and tackle this problem?

ILW

Mallotum_X wrote: »

Agreed it is a balancing act, but one that appears to be heavily stacked the wrong way. There are measures that can be put into place to reduce the desire to leave, such as residency type changes. It’s not that hard to close some of the loopholes.

Yes it’s a complex subject, but one that does not currently have much political will to solve. I don’t think it’s impossible to raise the amount of tax received net of anyone that leaves.

The current tax system allows large organisations to offshore profits earned in the UK, that wouldn’t be that hard to reduce the tax lost this way through legislation. Agreed it would be impossible to stop completely, but with the example of retail it really is a disgrace that the likes of Tesco are able to shift profits out of the UK like this.


Surely you don’t think we should not try and tackle this problem?

It is some of the corporate profits that are offshored.
I wonder how much tax Tesco pay to the exchequer if you include the amount paid by all the employees. I would guess it runs into many many millions.

shortchanged_2

ILW wrote: »

It is some of the corporate profits that are offshored.
I wonder how much tax Tesco pay to the exchequer if you include the amount paid by all the employees. I would guess it runs into many many millions.

And so they should. It still doesn't stop them making massive profits though.

ILW

shortchanged wrote: »

And so they should. It still doesn't stop them making massive profits though.

Surely making massive profits is a good thing in a free market.

pqrdef

ILW wrote: »

I do remember the 70s when many of the high earning rock stars just left.

So we stopped buying their records and bought punk instead.

ILW

pqrdef wrote: »

So we stopped buying their records and bought punk instead.

Oddly enough, punk cost the same as the other stuff.

Johnny Rotten is pushing butter on the telly now.