Quote:
Originally Posted by nomadking
The alleged £4bn has already been subjected to UK tax.
Which nationalised industries has the likes of Apple and Microsoft benefited from?
Prices have been driven down by lower production costs in India and China.
Where do you think all the available money for giving out mortgages, business loans, and personal loans comes from?
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He can’t save £4bn in tax if he’s already paid tax on it. You are muddying they waters between corporate tax and personal tax.
I don’t get to say if prefer to opt out of PAYE but I’ll still pay national insurance but not income tax. Why should billionaires get to choose?
Absolutely mystifying logic.
Where did I describe Apple or Microsoft as benefiting from nationalised industry? You’ve just threw up a straw man because of your flawed logic.
You’ll actually find banks invent money out of fresh air to provide mortgages as a multiple of cash deposits held.