We’d like to remind Forumites to please avoid political debate on the Forum.

This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.

Debate House Prices


In order to help keep the Forum a useful, safe and friendly place for our users, discussions around non MoneySaving matters are no longer permitted. This includes wider debates about general house prices, the economy and politics. As a result, we have taken the decision to keep this board permanently closed, but it remains viewable for users who may find some useful information in it. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!

Where does our tax money go?

1468910

Comments

  • gfplux
    gfplux Posts: 4,985 Forumite
    Part of the Furniture 1,000 Posts Photogenic Hung up my suit!
    edited 10 May 2017 at 7:35AM
    It is the job of the media to sell their stories.
    Bad news (whether factual & entirely correct or not) sells.
    Good news however does not make a good headline.
    And yet again, we choose to make the overall tax take low.
    The fact that you ignore previous comments about this in your own thread will not have been missed by others either, I suspect.

    That is not to say that the UK is perfect.
    Show me a country that is?
    Given however your place of residence why not concentrate on your own difficulties?

    Education in Luxembourg is (for example) said to be, and I quote, "horrendously expensive"; why not use your taxes to offset cheaper provision?
    Your welfare too is recognised as being unsustainable; why do you not do something about that?
    http://www.sgi-network.org/2014/Luxembourg/Key_Challenges

    Luxembourg too has prison uprisings, so your system too is imperfect it seems:
    https://www.wort.lu/en/luxembourg/justice-minister-schrassig-director-cause-of-luxembourg-prison-uprising-is-mystery-57cee56bac730ff4e7f6605a

    Oh look, you can have crowded trains too:
    https://www.wort.lu/en/luxembourg/monday-technical-fault-triggers-rush-hour-chaos-on-luxembourg-trains-58ec743ba5e74263e13ad527


    I said on another thread, you're beginning to look like the forum equivalent of a double glazing salesman.


    I rarely read your posts as they don't contain much fact.
    Sometimes you are spreading fake news by omission.

    I want to point out that PRIVATE education in Luxembourg is very expensive just like Britain. STATE EDUCATION is totally free conducted in well appointed building with plenty of equipment and small classes in both Primary and Secondary. The University of Luxembourg founded in 2003 is growing in stature and attracting many international students (some from the UK I believe) Unlike the U.K. The cost is virtually zero to study for Bachelor and Master degrees.

    You are perfectly correct the Luxembourg prison system has been heavily criticised particularly for overcrowding and that is not due to change until new facility's are finished shortly.

    The HUGELY generous welfare provisions, pensions, unemployment and sickness benefits are certainly unsustainable and a crisis is due in 40/50 years time.

    Travel is illuminating don't you find.
    There will be no Brexit dividend for Britain.
  • kabayiri
    kabayiri Posts: 22,740 Forumite
    Part of the Furniture 10,000 Posts
    gfplux wrote: »
    ...
    Travel is illuminating don't you find.

    Indeed.

    Have you travelled to other tax havens then?

    I'm curious to know how Juncker can worry about Ireland's low corporation tax rates, particularly after years of supporting extremely tax friendly policy in Luxembourg directed at corporates.

    Is he a hypocrite do you think?
  • michaels
    michaels Posts: 29,254 Forumite
    Part of the Furniture 10,000 Posts Photogenic Name Dropper
    I understand that Luxembourg uses a deliberately 'competitive' VAT rate and EU single market rules to ensure that transactions take place there rather than in the buyer and seller country thus boosting local tax revenue whilst reducing tax take elsewhere so perhaps if Amazon transactions had happened in the uk rather than Luxembourg the UK tax take would have been higher.

    I also seem to recall that Luxembourg was also being investigated for unfair corporation tax deals amounting to ilegal state subsidies which it used to lure multinationals to make their base in Luxembourg where they avoided other European countries' taxes.

    So where should the op look to see why raising taxes can be tricky?
    I think....
  • kabayiri
    kabayiri Posts: 22,740 Forumite
    Part of the Furniture 10,000 Posts
    michaels wrote: »
    ...
    So where should the op look to see why raising taxes can be tricky?

    Yep. I wonder where...

    Major companies employ highly paid specialists to minimize their tax bill, sometimes going to extreme lengths.

    At least we know what these employees are paid to do.

    The politicians in charge of places like Luxembourg (past and present) aid these companies to game the taxation authorities of the Western world.

    There are other examples in the EU, including the famous Dutch EU sandwich.
  • gfplux wrote: »
    I rarely read your posts as they don't contain much fact.
    Sometimes you are spreading fake news by omission.
    Others reading your posts and threads see also what is posted.
    Let them judge.
    From the responses so far it is very easy to see exactly who submits posts without much in the way of fact and also omits much.
    That would be YOU btw.

    You see, my posts almost always contain links to support what I'm saying.
    Look through yours; your evidence is where?

    Again - in the hope that this time it registers - just because you happen not to like it or disagree with it does not make it incorrect or invalid.

    Here's another about your schools:
    An OECD report has issued a set of recommendations and criticism on the current state of Luxembourg schools, giving input to the ongoing debate about the school reform.
    https://www.wort.lu/en/luxembourg/oecd-issues-advice-on-luxembourg-education-system-50a66102e4b023430fcba106

    See?
    Luxembourg schools aren't perfect either.
    Quelle surprise.
    As for your university, perhaps you could advise of it's place in world rankings since it is "growing in stature"?


    Now, why are you not concentrating on these problems in your own country rather than in a country you do not (and do not wish to, you say) live in?
  • wotsthat
    wotsthat Posts: 11,325 Forumite
    GreatApe wrote: »
    We do have excellence we just dont want to call it that

    That share of GDP the government spends/borrows is not the important metric, the important metric is how much goods and services we can buy (or get for 'free' from the government) with a typical uk income.

    By that metric we are near the top of the tables especially when you exclude the 'lucky' countries which have high gdp/capita due to high natural resources/capita places like norway/qatar/kuwait etc

    How would you measure that? 'We' give the government, say, £100, they give us £75 back and £25 is the cost of turning 100% of our money into 75% of our money? A metric of excellence based on the amount of money taken in taxes and given back isn't really a measure of anything. A fruit machine does the same thing.

    I see the argument but think it's flawed logic because there's an assumption that the government are best placed to decide what services we need and to deliver them when the reality is they're not. Therefore in many cases we'd be better off if the government took less money off us and we either found a supplier in the private sector or, for many items, decide it's not a service of value to us.

    It's obvious the idea is flawed because although we may sit atop your table of excellence the roads really are poor, healthcare isn't good enough and government slows down all decision making.
  • gfplux
    gfplux Posts: 4,985 Forumite
    Part of the Furniture 1,000 Posts Photogenic Hung up my suit!
    kabayiri wrote: »
    Indeed.

    Have you travelled to other tax havens then?

    I'm curious to know how Juncker can worry about Ireland's low corporation tax rates, particularly after years of supporting extremely tax friendly policy in Luxembourg directed at corporates.

    Is he a hypocrite do you think?

    He's a Politician
    There will be no Brexit dividend for Britain.
  • gfplux
    gfplux Posts: 4,985 Forumite
    Part of the Furniture 1,000 Posts Photogenic Hung up my suit!
    Others reading your posts and threads see also what is posted.
    Let them judge.
    From the responses so far it is very easy to see exactly who submits posts without much in the way of fact and also omits much.
    That would be YOU btw.

    You see, my posts almost always contain links to support what I'm saying.
    Look through yours; your evidence is where?

    Again - in the hope that this time it registers - just because you happen not to like it or disagree with it does not make it incorrect or invalid.

    Here's another about your schools:
    https://www.wort.lu/en/luxembourg/oecd-issues-advice-on-luxembourg-education-system-50a66102e4b023430fcba106

    See?
    Luxembourg schools aren't perfect either.
    Quelle surprise.
    As for your university, perhaps you could advise of it's place in world rankings since it is "growing in stature"?


    Now, why are you not concentrating on these problems in your own country rather than in a country you do not (and do not wish to, you say) live in?

    Thank you for that link that is FIVE YEARS OLD.
    There will be no Brexit dividend for Britain.
  • gfplux wrote: »
    Thank you for that link that is FIVE YEARS OLD.
    I would welcome you providing something more recent.
    It's strange isn't it how Luxembourg doesn't actually provide much in the way in information regarding this - or indeed many other everyday things?
    I wonder why?
    Feel free to hunt and post your findings.
  • Thrugelmir
    Thrugelmir Posts: 89,546 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    gfplux wrote: »
    Travel is illuminating don't you find.

    Agree totally. Though always reach a point when I miss home. Sounds as if you do too. With your constant hankering.

    Precisely how much much tax do you contribute to the UK Exchequer. As an expat cannot be very much. If you did contribute I would understand the title and purpose of your thread. Luxembourg must be a dull place to live if posting negatively on here is the highlight of your day.
This discussion has been closed.
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 352.2K Banking & Borrowing
  • 253.6K Reduce Debt & Boost Income
  • 454.3K Spending & Discounts
  • 245.3K Work, Benefits & Business
  • 601K Mortgages, Homes & Bills
  • 177.5K Life & Family
  • 259.1K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16K Discuss & Feedback
  • 37.7K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.