Dobba
Full Member
Yeah, I'm not sure they were expecting the only disappointment of mine was that it didn't make the manifesto.He's a socialist of coarse he wants to get rid of the Monarchy.
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Yeah, I'm not sure they were expecting the only disappointment of mine was that it didn't make the manifesto.He's a socialist of coarse he wants to get rid of the Monarchy.
Indeed, but the only point was, we can't claim we are the best nation in the G7.They have a far bigger and better balanced economy than us- comparing us to Germany will always back us, and pretty much any country, look bad.
Great news for those on here willing to hand over all their rights and privacy to the arms dealing vicar's daughter.
She will change the Human Rites Laws stating that it's all about terror next ordinary people will see it used against them.
This is how it starts isn't it? Slowly you start losing your rights in the name of security and protection.
https://www.theguardian.com/politic...man-rights-laws-impede-new-terror-legislationShe said: “But I can tell you a few of the things I mean by that: I mean longer prison sentences for people convicted of terrorist offences. I mean making it easier for the authorities to deport foreign terror suspects to their own countries.
“And I mean doing more to restrict the freedom and the movements of terrorist suspects when we have enough evidence to know they present a threat, but not enough evidence to prosecute them in full in court.
“And if human rights laws stop us from doing it, we will change those laws so we can do it.”
Not sure raising corporation tax by a third will help our economy grow!Indeed, but the only point was, we can't claim we are the best nation in the G7.
I'm trying to find a decent chart going up to 2016. We were top of the G7 a couple of years ago. We are bottom now.
Me either. But, as Labour like to point outNot sure raising corporation tax by a third will help our economy grow!
https://www.ifs.org.uk/uploads/publications/bns/BN_182.pdfThere have been a large number of changes to corporation tax since 2010. We calculate that, taken together, policy changes announced between 2010 and Budget 2016 (including those that are due to come into place before the end of the parliament) have cost £10.8 billion a year in 2015–16 terms.26 In previous work, cited at the end of footnote 26, we calculated that the cost of measures announced by the coalition government (2010– 15) only was £7.9 billion. The majority of the revenue cost is due to cuts to the corporation tax rate. The coalition government reduced both the main corporation tax rate (from 28% in 2010) and the small profits rate (from 21% in 2010) to 20% in 2015–16. In 2013, it also introduced a new lower 10% rate for the income derived from patents (the Patent Box).
The current government plans to reduce the main corporation tax rate even further to 17% by 2020–21. Corporation tax rates across the developed world have declined substantially since the 1970s as countries have attempted to remain competitive locations for mobile activities and profits. The desire to attract and retain mobile activity has been important in the UK, which, since 2010, has cut rates further and faster than other countries, such that the rate is now the lowest in the G20.27 Alongside rate cuts, there have been a large number of other corporation tax changes since 2010, including moves that raise revenues by broadening the tax base and by preventing avoidance opportunities.
The mix of policy changes is such that some companies will gain more than others. Broadly, highly profitable and mobile firms will see the most benefit from lower rates, although some will be affected by anti-avoidance measures, such as a new restriction on interest deductions.28 Those businesses with high levels of investment or losses and multinationals with high levels of debt in the UK will benefit the least. A permanent decline in onshore corporate tax revenues would mark a break with the previous trend, highlighted above, under which the effect of lower rates was offset by a larger, more profitable corporate sector (and, to a smaller extent, a broader tax base). It is possible that corporate revenues will be higher than currently forecast either because corporate rate cuts boost corporate activity by more or because anti-avoidance measures are more successful at raising revenues than is currently predicted. However, in the longer run, there is also likely to be continued competitive pressure on corporate taxes.
It's just impossible to get over the generation gap and how people from each, generally speaking, see the parties. There was a great thread on Twitter a while ago in which a woman explained everything from the perspective of her parents. Kind of opened my eyes to just how embedded it is and will remain.FFS my old man must let slip he's voting Tory
Asked him why and he gave me a load of media spoon fed bollocks about Corbyn. I broke down the bullshit and what the actual full quotes were and he just "we'll have to agree to disagree".It's just impossible to get over the generation gap and how people from each, generally speaking, see the parties. There was a great thread on Twitter a while ago in which a woman explained everything from the perspective of her parents. Kind of opened my eyes to just how embedded it is and will remain.
Raising it back to average levels though. We've had plenty of growth historically with the proposed rate and even higher.Not sure raising corporation tax by a third will help our economy grow!
Interesting, but you'd have to net that off with additional investment from businesses, eg R&D, and potentially increased employment, as companies invest more here, with the subsequent benefits of additional income tax and other revenue streams. No idea how you calculate that though...Me either. But, as Labour like to point out
Also, I know you know this, but corporation tax is a tax on profits. Cutting it doesn't help the small/medium sized businesses that may not make a huge profit, that are the backbone of Germany's economy (I keep bringing up Germany, don't know why).
- We would still have the lowest corporation tax rate in the G7
- We would still have a middling level of corporation tax in Europe.
But Corporation Tax receipts only accounted for 6% of Government revenue in 2016. This is what the IFS has to say in 2015
https://www.ifs.org.uk/bns/bn09.pdf
https://www.ifs.org.uk/uploads/publications/bns/BN_182.pdf
Remember, the apple doesn't fall far from the tree, Nick.FFS my old man must let slip he's voting Tory
We weren't previously on the brink of leaving the world's biggest trading bloc though, I guess.Raising it back to average levels though. We've had plenty of growth historically with the proposed rate and even higher.
I don't see the argument to have it below 20%
Yep, you're going up against a brick wall. They're from an age where things were very different and don't want to and/or can't ever see things from your perspective. You can keep plugging away and thinking you've found a gap in the defenses, but you'll find it's fortified by another line of reasoning that acts as a fail-safe.Asked him why and he gave me a load of media spoon fed bollocks about Corbyn. I broke down the bullshit and what the actual full quotes were and he just "we'll have to agree to disagree".
So fecking disheartening.
This is how it starts isn't it? Slowly you start losing your rights in the name of security and protection.
I'm sure when the Tories raise VAT that will really help the economy..Not sure raising corporation tax by a third will help our economy grow!
Do I have to do this a second time?Competiton Sorted now - Enter here:
https://goo.gl/forms/2t3HRH2ZGSyYAY1A2
Predict the size of the Tory majority come Friday morning. Tiebreaker is # of seats won by Labour.
No prize at the moment but if we get enough people we could have a think.
I will close the survey to new entries Thursday at 5pm. Then will post everyone's prediction to keep track of. Might make the depressing inevitability a bit more fun...
How much were we actually bringing in at the old rate?Interesting, but you'd have to net that off with additional investment from businesses, eg R&D, and potentially increased employment, as companies invest more here, with the subsequent benefits of additional income tax and other revenue streams. No idea how you calculate that though...
Remember, the apple doesn't fall far from the tree, Nick.
We weren't previously on the brink of leaving the world's biggest trading bloc though, I guess.
It's just crazy frustrating.Yep, you're going up against a brick wall. They're from an age where things were very different and don't want to and/or can't ever see things from your perspective. You can keep plugging away and thinking you've found a gap in the defenses, but you'll find it's fortified by another line of reasoning that acts as a fail-safe.
For example, my dad's voted BNP in the past as a "protest vote." Seeing as I know he's not a vile racist scumbag, it's hard to explain to a stranger how that works. I can spend all night going over why it's wrong to vote for them under any circumstances. He'll still come out as certain of himself as he was at the beginning.
Not sure cutting it by a third helped it eitherNot sure raising corporation tax by a third will help our economy grow!
Hopefully sorted now - was for logged into old uni account. No disrespect takenI like the idea of a competition, but fear it may need a caftard with some intelligence to institute it. Which just about leaves @Damien I suppose. No disrespect alto, you could put your heads together.
Also needs a definition of majority for the fick people like me.
I'm too lazy. I have full faith that alto knows what he's doing.
They will do. I have no doubt about that. I doubt we'll see any real change in the cabinet either.
If you could that would be great, should only take a second or two to enter again. I will check the other one before the deadline and collate any responses not brought over. So no worries if you don't, would just make it easier for me!Do I have to do this a second time?
We can talk about a growing economy all we like but what good is it if the poorest in society and those who need it most see none of it and find their own situation worsening?Not sure raising corporation tax by a third will help our economy grow!
That was the coalition, not the Tories themselvesI'm sure when the Tories raise VAT that will really help the economy..
I dunno, but like-for-like comparisons must be difficult, given the vagaries of economic growth and corporate profitability in different years. If you have a year, for example, where both say Vodafone and RBS have multi-billion pound writedowns, that must hit in the tax intake?How much were we actually bringing in at the old rate?
I'm lucky that my Mum isn't voting Tory.
You have voted for" Theresa MayCompetiton Sorted now - Enter here:
https://goo.gl/forms/2t3HRH2ZGSyYAY1A2
Predict the size of the Tory majority come Friday morning. Tiebreaker is # of seats won by Labour.
No prize at the moment but if we get enough people we could have a think.
I will close the survey to new entries Thursday at 5pm. Then will post everyone's prediction to keep track of. Might make the depressing inevitability a bit more fun...
I do actually agree- raising the income tax threshold and upping the minimum wage must have helped, but I guess benefit freezes are the big issue in the bottom cohorts. It's a balancing act ensuring benefits are fair, but not a deterrent to getting a job, and one that all governments have struggled with him too tbf.We can talk about a growing economy all we like but what good is it if the poorest in society and those who need it most see none of it and find their own situation worsening?
I'm fairly sure any fruits of a successful economy under a Conservative Government will go where they always do... to the already well off.
I wouldn't judge an economy but how wealthy the richest are... we should judge it by how those at the bottom end are coping.
Equally though, I've known people with crappy lives in shithole areas that will vote Labour regardless of how their lot never changes under them any more than it does the Tories.I'm lucky that my Mum isn't voting Tory.
Trying to change the opinion of stubborn people is very difficult though, especially those who take everything the media say at face value.
"UK comes bottom of G7 growth league"We can talk about a growing economy all we like but what good is it if the poorest in society and those who need it most see none of it and find their own situation worsening?
I'm fairly sure any fruits of a successful economy under a Conservative Government will go where they always do... to the already well off.
I wouldn't judge an economy but how wealthy the richest are... we should judge t by how those at the bottom end are coping.
Voting Tory won't help them though Jippy and if Labour isn't working either then they're basically utterly screwed.Equally though, I've known people with crappy lives in shithole areas that will vote Labour regardless of how their lot never changes under them any more than it does the Tories.
Me either. The thing is, I don't believe that attracting highly mobile multi-national companies to temporarily set up shop here does *that* much for the economy in the long haul.Interesting, but you'd have to net that off with additional investment from businesses, eg R&D, and potentially increased employment, as companies invest more here, with the subsequent benefits of additional income tax and other revenue streams. No idea how you calculate that though...
The IFS was against any party ruling out certain tax rises, cos it is so restrictive- if we have some form of financial crisis mkII, the government may have to take drastic measures to fill the coffers. Plus, if you don't raise VAT, you only have to put the squeeze on elsewhere.They removed the promise to keep the VAT rate from their last manifesto with the new one, and have refused to promise not to raise it!
All this vid made me do is go on spotify and play Mo Money Mo Problems