Got something to say or just want fewer pesky ads? Join us... 😊

General Election 2017



peterward

Well-known member
NSC Patreon
Nov 11, 2009
11,237
Corporation tax in France is 33%, Germany 22-33%, ours is 19% scheduled to be reduced to 17%. We're like a tiny nation desperate to attract investment rather than standing confidently and having a fair tax regime. The only loss would be if foreign companies invest abroad, but no one is proposing we make ourselves less competitive than other countries, just bringing our corporation tax in line with the other G7 countries for a start. Our corporation tax receipts as a % of GDP are as low as they've been since the early 90s.

“We should be trying to attract investment based on being a really great place to invest, not low tax rates,” said Mariana Mazzucato, a professor of economics at University College London

Foreign investment is a small part of the big picture, the sums simply do not add up, it will not raise 19.4 billion, its snake oil. We dont need to be in line with failed socialist France or on par with the leading economy in Europe, Germany. We need to ensure that the maximum amount of tax revenue is raised in this country that also protects and considers a much wider picture and its effect. Setting corporation tax at 7p higher will not deliver 19.4 billion, independent economists suggest it could actually lose 8 billion per annum, the figure is derived from a simple economic principle that for every 1p tax raise it equates to just under approx 3 billion, except that simplistic equation, assumes everything else to remain equal, same national growth, same amount of new business, same employment rates, same foreign investment, same business investment. What will actually happen when businesses lose 7pc of their profit?
Many on struggling to survive will cease, those that can will move the business to Ireland, giving an extra 7% of nothing with resultant job losses. many other businesses here will not go forward with investment or take on new staff, many others will be forced to lay off staff. It will cause less employment and higher unemployment, those are all facts. You cant set an economic policy based on ideology, it has to make good economic sense.
The figures on that tree and in the Labour manifesto are 100% illusory, the taking of this action will do untold damage to an economy already heavily in debt and with a structual deficit. Who doesnt want a better NHS etc, everyone does, but any plans for social justice can only be realised, and more importantly paid for by getting the economics bit right, this corporation tax policy is a complete red herring and a lie and it will do untold damage to the country and its end results will be less money in the treasury than today.

I am not a business owner, or wealthy nor do I earn over 80k, but this policy is rubbish, resulting in the Labour governments programme being paid for with debt and for which we will again be asked somewhere down the road to pick up the pieces and suffer the consequences of austerity. Nothing in life is free. I actually think something more sinister is going on as it has under many previous Labour administrations, its not for many and not the few..........its simply hammer the wealth generators, raise taxes, increase the civil service, give power back to union barons, increase immigration...... in fact do anything, however damaging, if it will help the Labour party, keep as many people enslaved and dependent on the Labour party as possible. Put Labour in charge of social justice programme by all means, but they should never be allowed near the economy, they dont make sound economic decisions they make ideological ones that cause irreparable damage and everyone suffers long term because of it.
 


Buzzer

Languidly Clinical
Oct 1, 2006
26,121
What was that about leaders not being available for interviews?

6zrn1w.jpg
 






Buzzer

Languidly Clinical
Oct 1, 2006
26,121
I hope your tongue was in your cheek. That's like saying May hasn't spoken to the Morning Star!!!

You're comparing Jewish News to the official newspaper of the Communist Party of Great Britain? Blimey, so now the biggest selling Jewish newspaper in the UK is an extremist publication. I wasn't aware of that. Maybe you want to tell Ed Milliband, Gordon Brown and Tony Blair that seeing as they all have given interviews to that newspaper in their capacity as Labour leader.
 






Guinness Boy

Tofu eating wokerati
Helpful Moderator
NSC Patreon
Jul 23, 2003
33,822
Up and Coming Sunny Portslade
You're comparing Jewish News to the official newspaper of the Communist Party of Great Britain? Blimey, so now the biggest selling Jewish newspaper in the UK is an extremist publication. I wasn't aware of that. Maybe you want to tell Ed Milliband, Gordon Brown and Tony Blair that seeing as they all have given interviews to that newspaper in their capacity as Labour leader.

No I'm saying Corbyn is an anti Semite. Or certainly anti Israeli state. Looks like it's me that needs an irony emoji


Sent from my iPhone using Tapatalk
 








cirC

Active member
Jul 26, 2004
436
Tupnorth
Labours idea to abolish council tax and introduce 'Land Value Tax'.
How is that going to work and how much will it cost?
 


studio150

Well-known member
Jul 30, 2011
29,555
On the Border
Exactly. I don't bother responding to him. He has to reply to nearly every post i put up.

Yeah. I notice he was back to his old tricks.

You may wish to consider the facts of this thread.

[MENTION=26105]Soulman[/MENTION] has post 229 times, and as far as I can see I have replied to 13 of them. I would not consider this as 'nearly ever post I put up'

Yes I have replied to a few over the last couple of days, along the same lines as many other people have, in that they and I disagree with the content, or it is inaccurate.

[MENTION=5200]Buzzer[/MENTION] as a percentage I have probably in this thread replied to more of your posts, along with those of JC Footy, Man of Sussex and a few others.

Still the Election will be virtually all over this time next week and we all can return to talking about pre season signings, and other wonderful football tactics.

Anyway I'm now off to watch some more of House of Cards Season 5 which is just as good as the previous series
 






Soulman

New member
Oct 22, 2012
10,966
Sompting
But I'm not challenging the make up of the audience, and you are. They stated how it was made up at the start. You have no evidence to say that it wasn't made up that way. I've given a solid argument as to why a fairly representative audience would be 60% or more non-Conservative voters, you've agreed with the reasoning, but still maintain it was biased, based on no evidence. Either provide evidence, or STFU.

You have "given a solid arguement", which i agreed with, but NO evidence, only what was "stated at the start".....stated. I believe that more than 60% were left leaning, a lot more. I have no evidence and NEITHER do you.
By the way, i have an opinion, so don't tell me to STFU.....ok.
 


Silk

New member
May 4, 2012
2,488
Uckfield
You have "given a solid arguement", which i agreed with, but NO evidence, only what was "stated at the start".....stated. I believe that more than 60% were left leaning, a lot more. I have no evidence and NEITHER do you.
By the way, i have an opinion, so don't tell me to STFU.....ok.
I have no evidence of what? I'm not disputing anything, am I? My evidence is the stated composition of the audience, and the argument that a representative audience would in any case be 60% or more non Conservative. You are the one saying this isn't right..but you have no evidence.
 




Soulman

New member
Oct 22, 2012
10,966
Sompting
It was more of a comment about your style of questioning when debating with Soulman than anything else.

Seriously, don't bother. The left leaners (some) would like to shout you down, possibly so you do not have an opinion. That is why even after they keep on, they build themselves up with polls, predictions etc......the more silent with different opinions, just vote.
It is noticeable that a lot of the so called right wingers do not post anymore..... i suppose some on here would like the board/opinions to all be left on here. It is getting that way.
Either by posters refraining or some right leaning threads being immediately moved to other stuff.
 


beorhthelm

A. Virgo, Football Genius
Jul 21, 2003
35,265
Government writes a cheque for the agreed value to the current owners. The value of the asset shows up the credit side of the national accounts, completely offsetting the cost of the cheque on the debit side. The national deficit does not change. This is simple national accounting and is how it works. If you are concerned about the impact of nationalisation on the deficit, then you are missing the point. Some of this is explained in this article.
https://www.theguardian.com/politic...tionalisation-rail-water-energy-cost-benefits
It doesn't mean there are no problems associated with nationalisation, just that increasing the national deficit is not one of them.

this is that debt not same as deficit thing again... it wouldnt add to the national debt, but it would add to the deficit in the year of purchasing those assests. exactly the same as bailing out RBS, Lloyds et al. contributed largely to the deficit at the time. further, any investment in the grid would have to be funded by government debt, though they have that covered in the 25bn. of more concern is how they think they'd save £220 from bills when National Grid revenue only equates to about £20 per house. or why on earth they'd want to break up the National Grid in to regional networks, so losing the purpose of the grid (power from hydro in Wales helps power demand in London). methinks some misinterpretation from Guardian there, as even Labour isnt that daft.

to note though the suggestion to swap shares for bond in water companies does actually make alot of sense - they are natural monopolies and theres next to no benefit to private ownership as long as the investment funding is there, which bonds resolves. though i see a non-profit private corporation as the ideal scenario there (and maybe Nation Grid for same reasons)
 




The Rivet

Well-known member
Aug 9, 2011
4,512
Seriously, don't bother. The left leaners (some) would like to shout you down, possibly so you do not have an opinion. That is why even after they keep on, they build themselves up with polls, predictions etc......the more silent with different opinions, just vote.
It is noticeable that a lot of the so called right wingers do not post anymore..... i suppose some on here would like the board/opinions to all be left on here. It is getting that way.
Either by posters refraining or some right leaning threads being immediately moved to other stuff.

You cannot debate with them Soulman. It is like dealing with a lot of educated Vicky Pollards. 'Yeah, what? No, well yeah BUT.......(place the argument of your choice here) Educated but ultimately deluded and yet prone to 'getting in your ear' until they have worn you down. Bollocks to 'em.
 




pastafarian

Well-known member
Sep 4, 2011
11,902
Sussex
Didn't want to lose the reply in the huge thread!

Simple question, will JC take us out the single market?

It's a vote deciding question..

The answer is Yes, if you mean taking us out of being members of it.
In this respect he knows what was voted for, he is on the same page and no different to UKIP and The Tories.
The bigger question is which party do you trust to actually carry it out without compromising and conceding other aspects as they seek to gain the most preferable access to the single market after we have left being members of it.
 


Soulman

New member
Oct 22, 2012
10,966
Sompting
You cannot debate with them Soulman. It is like dealing with a lot of educated Vicky Pollards. 'Yeah, what? No, well yeah BUT.......(place the argument of your choice here) Educated but ultimately deluded and yet prone to 'getting in your ear' until they have worn you down. Bollocks to 'em.

:lolol: made me laugh. I really must just come on here in the evenings, iv'e thought that before, at least a few non left seem to be on here. Seems a shame really because who will they rant at if us few bugger off......it's down to the Magnificent Seven as it is. :lolol:
 



Paying the bills

Latest Discussions

Paying the bills

Paying the bills

Paying the bills

Albion and Premier League latest from Sky Sports


Top
Link Here