Euro solution: steal from the middle class

Aoxomoxoa said:
You must have been as happy as a pig in shit in the '70s when Dennis Healey had to go cap in hand to the IMF and the top rate of tax was 83% on income. As for now, what about those swingeing welfare cuts? How much do you think so far? -10% maybe -15 or -20%, no the true figure is +1.5%, what heartless bastards they are.
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The petition is now nearly 250,000. Will he put his money where his mouth is?
 
THE BANKERS ARE PUTTING POISON IN OUR FOOD AND WATER!! SOCIAL WORKERS ARE PEDOPHILES!! THE REPUBLIC WILL RISE AGAIN!! THE NEW WORLD ORDER IS TRYING TO TAKE OUR GUNS!!

Also brought to you by infowars.
 
I Love America said:
Meant tax
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Then say what you mean, dummy. I do not, nor have I ever dodged taxes that are due. I pay taxes in the UK and I paid in HK (when I was working).
I obey the Inland Revenue law to the letter and always have. HK happens to be a very rich society (yes, yes, yes, we all know it has its abject poor). Our taxes, at 16%, are ample to cover everything we need. We have one of the most modern infrastructures in the world and are, unfortunately, one of the most expensive places to live. But while I can live here I will. I like beaches and warm weather and a level of personal freedom you can only dream of. I could move to Miami I guess, but I do not wish to subject my hearing to the raucous whining of the American accent and the possibility of being shot or hugged to death.
OK? Does that answer your damn fool points?
 
Aoxomoxoa said:
By the way the "market trader" that the BBC quoted as living on £53 described himself as a gambler and “ducker and diver”. It is also bollocks as if he really did earn as little as that then he would be entitled to income support.

http://img.thesun.co.uk/sol/homepag...uncan-smith-calls-benefit-petition-stunt.html
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That part of the equation is no longer significant. IDS said he could live on £53 per week. Earlier today over 350,000 people were challenging him to do it.
Now the slag Currie has said she would also be prepared to live on £53 per week. When asked to discuss it with the BBC her price for the interview was £500.00!!!!
 
Lowaicue said:
Then say what you mean, dummy. I do not, nor have I ever dodged taxes that are due. I pay taxes in the UK and I paid in HK (when I was working).
I obey the Inland Revenue law to the letter and always have. HK happens to be a very rich society (yes, yes, yes, we all know it has its abject poor). Our taxes, at 16%, are ample to cover everything we need. We have one of the most modern infrastructures in the world and are, unfortunately, one of the most expensive places to live. But while I can live here I will. I like beaches and warm weather and a level of personal freedom you can only dream of. I could move to Miami I guess, but I do not wish to subject my hearing to the raucous whining of the American accent and the possibility of being shot or hugged to death.
OK? Does that answer your damn fool points?
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There are lots of warm beaches with freedom puddin. You chose one with a low tax rate. I don't criticize your decision to do it. I criticize your hypocrisy for calling on higher taxes for everyone else.

Additionally do you not see a correlation between the low taxation on the rich in Hong Kong and the level of freedom and prosperity you proclaim? Or are you that dissociated from reality?
 
I Love America said:
There are lots of warm beaches with freedom puddin. You chose one with a low tax rate. I don't criticize your decision to do it. I criticize your hypocrisy for calling on higher taxes for everyone else.

Additionally do you not see a correlation between the low taxation on the rich in Hong Kong and the level of freedom and prosperity you proclaim? Or are you that dissociated from reality?
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We only have one rate of tax. (There are some others but they do not apply to the vast majority of people:
The key features of Hong Kong’s salary tax are as follows:
•Individuals are taxed at progressive rates on their net chargeable income (i.e. assessable income after deductions and allowances) starting at 2% and ending at 17%; or at a standard rate of 15% on net income (i.e. income after deductions), whichever is lower.
•There is no capital gains tax, no dividend tax and no inheritance tax in Hong Kong.
•Hong Kong follows a territorial principle of taxation. Individuals are taxed only on income that has been “earned in Hong Kong”.
•Hong Kong resident individual taxpayers can potentially reduce their tax burden by electing for personal assessment. Under personal assessment, tax is calculated at progressive tax rates on the aggregated income from all sources. More detailed information on this is provided later in this guide.

So to suggest I choose to live here because of the tax rate is the same as saying you choose to live in America because there are two 'A's in the name! Idiot.
 
Lowaicue said:
We only have one rate of tax. (There are some others but they do not apply to the vast majority of people:
The key features of Hong Kong’s salary tax are as follows:
•Individuals are taxed at progressive rates on their net chargeable income (i.e. assessable income after deductions and allowances) starting at 2% and ending at 17%; or at a standard rate of 15% on net income (i.e. income after deductions), whichever is lower.
•There is no capital gains tax, no dividend tax and no inheritance tax in Hong Kong.
•Hong Kong follows a territorial principle of taxation. Individuals are taxed only on income that has been “earned in Hong Kong”.
•Hong Kong resident individual taxpayers can potentially reduce their tax burden by electing for personal assessment. Under personal assessment, tax is calculated at progressive tax rates on the aggregated income from all sources. More detailed information on this is provided later in this guide.

So to suggest I choose to live here because of the tax rate is the same as saying you choose to live in America because there are two 'A's in the name! Idiot.
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So would you say that the prosperity enjoyed in Hong Kong is correlated to their low taxes?
 
Lowaicue said:
That part of the equation is no longer significant. IDS said he could live on £53 per week. Earlier today over 350,000 people were challenging him to do it.
Now the slag Currie has said she would also be prepared to live on £53 per week. When asked to discuss it with the BBC her price for the interview was £500.00!!!!
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He didn't say that, that is the typical bullshit spin emanating from the usual suspects. He said " he would if he had to", considering that he is an ex-soldier and he was unemployed twice I suspect he knows what he is talking about. It is fucking crap anyway, did Blair join the Army and go to Iraq when he sent men to serve in the war? Why don't you hand over some of your wealth as an act of solidarity for your British comrades?
 
Lowaicue said:
We only have one rate of tax. (There are some others but they do not apply to the vast majority of people:
The key features of Hong Kong’s salary tax are as follows:
•Individuals are taxed at progressive rates on their net chargeable income (i.e. assessable income after deductions and allowances) starting at 2% and ending at 17%; or at a standard rate of 15% on net income (i.e. income after deductions), whichever is lower.
•There is no capital gains tax, no dividend tax and no inheritance tax in Hong Kong.
•Hong Kong follows a territorial principle of taxation. Individuals are taxed only on income that has been “earned in Hong Kong”.
•Hong Kong resident individual taxpayers can potentially reduce their tax burden by electing for personal assessment. Under personal assessment, tax is calculated at progressive tax rates on the aggregated income from all sources. More detailed information on this is provided later in this guide.

So to suggest I choose to live here because of the tax rate is the same as saying you choose to live in America because there are two 'A's in the name! Idiot.
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They are really punitive rates, compared to low taxed Britain.
 
I Love America said:
So would you say that the prosperity enjoyed in Hong Kong is correlated to their low taxes?
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Mostly to the Asian work ethic, geography and a history of laissez faire government. A government taxes according to its needs. HK is doing OK so we dont need high taxes.
 
Aoxomoxoa said:
He didn't say that, that is the typical bullshit spin emanating from the usual suspects. He said " he would if he had to", considering that he is an ex-soldier and he was unemployed twice I suspect he knows what he is talking about. It is fucking crap anyway, did Blair join the Army and go to Iraq when he sent men to serve in the war? Why don't you hand over some of your wealth as an act of solidarity for your British comrades?
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he 'could' and he 'would if he had to' are hardly poles apart. Semantically they are as synonymous as they could be. Politicians are SUPPOSED to be the brightest examples of our society. He said something stupid and is being called on it. He has been out of work twice! let's pull together and make his third time permanent.
Blair is due to visit HK next month, I think. It will be interesting to see if he is arrested again. Let's hope so.
 
Lowaicue said:
Mostly to the Asian work ethic, geography and a history of laissez faire government. A government taxes according to its needs. HK is doing OK so we dont need high taxes.
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So minimal government and taxation is OK in a culture with a good work ethic.
 
DamnYankee said:
So minimal government and taxation is OK in a culture with a good work ethic.
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I have told you what I have told you. We have a population of 7 million not 300 million. We have an area about 30 x 30 miles, much of it water. There are many things the US can learn from HK and vice versa but only a fool would extrapolate based on what I have said.
You want a small government? So who will look after your infrastructure? Who will decide home and foreign policy?
The smallest possible government is a single person in charge. But you dont want dictatorship.
Actually you dont really want smaller government, you want better government. But then who would you blame for your own failings?
 
Lowaicue said:
I have told you what I have told you. We have a population of 7 million not 300 million. We have an area about 30 x 30 miles, much of it water. There are many things the US can learn from HK and vice versa but only a fool would extrapolate based on what I have said.
You want a small government? So who will look after your infrastructure? Who will decide home and foreign policy?
The smallest possible government is a single person in charge. But you dont want dictatorship.
Actually you dont really want smaller government, you want better government. But then who would you blame for your own failings?
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I'll ignore your stupid point of a dictatorship as you know full well that is not my position, along with the fact that dictatorships typically create huge governments to keep a majority of people on the dole and therefore supportive of said dictatorship.

The scale doesn't matter. And of course you forget the resources that we have which you do not, the most obvious which is land and sovereignty. If anything, taxes and government should be less in the US if we were to follow the HK model.
 
Lowaicue said:
he 'could' and he 'would if he had to' are hardly poles apart. Semantically they are as synonymous as they could be. Politicians are SUPPOSED to be the brightest examples of our society. He said something stupid and is being called on it. He has been out of work twice! let's pull together and make his third time permanent.
Blair is due to visit HK next month, I think. It will be interesting to see if he is arrested again. Let's hope so.
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He was hijacked by an arsehole from the BBC, whatever he said would have been used against him. Oh and by the way, Tessa Jowell wanted to tax houses that were under occupied like yours in England. I am sure that you would have been happy to contribute to the cause.

http://www.dailymail.co.uk/news/article-2050800/Over-60-bedroom-blockers-taxed-homes.html
 
Aoxomoxoa said:
He was hijacked by an arsehole from the BBC, whatever he said would have been used against him. Oh and by the way, Tessa Jowell wanted to tax houses that were under occupied like yours in England. I am sure that you would have been happy to contribute to the cause.

http://www.dailymail.co.uk/news/article-2050800/Over-60-bedroom-blockers-taxed-homes.html
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My house in England is not under occupied. If IDS was hijacked by an arsehole from anywhere he is not as clever as an arsehole.
 
Aoxomoxoa said:
No I am sure that it is rented out at a market rent.
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It is rented out at a rate set by the estate agent, equal to other houses in the area and occupied by a young couple with a small child. Is there something wrong with that? Do you want us to move to a poorer area and give the house away for free? If that is what you want please tell me how that would help Osborne's failing policies.
I note that Osborne did not admonish his driver for parking in a disabled parking space while he went to get a burger!
However my point concerned IDS and his claim.

Gandhi said:
First they ignore you, then they laugh at you, then they fight you, then you win.

THEN THEY LAUGH AT YOU

And as the Daily Telegraph said today:

The Left's frenzied assault on Iain Duncan Smith is a ludicrous tactic.

Looks as if ole Mahatma was right.

Next?
 
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