Quote:
Originally Posted by ianch99
I see no explanation, only support. You ignore the real risk of greed-based decision making in financial dealings. You are obviously not a student of history.
The fact that you equate making the wealthy wealthier to "unshackling the economy" says all you need to know about the current ERG-driven Conservative thinking.
---------- Post added at 15:06 ---------- Previous post was at 15:00 ----------
And there is the sleight of hand. The effective tax rate for these wealthy individuals, when compared with us P.A.Y.E schmucks, is the key here:
https://www.lse.ac.uk/research/resea...ich-really-pay
As I have said, they are laughing at us ...
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Fundamentally this. To be 'competitive' in the gambling, sorry
finance, sector that means giving the greatest tax breaks and standing behind the greatest amount of losses.
Essentially we are being mugged and told we should be grateful for it. It's a notion so ridiculous Pierre and I almost agree. Let that sink in.