2015 UK General Election Thread

[Ignitionnet]

Originally Posted by TheDaddy

Go green Carl

No. They're mental.

[heero_yuy]

Originally Posted by ianch99

This is a position of principle, not profit. If you live in this country, you should pay the same taxes as the rest of us.

I believe they do on income earned in THIS country. The Labour plan is to try and tax income earned in other countries as well.

Mind you Balls wasn't convinced about it in January:

LABOUR’S vow to close a tax loophole for rich Brits was in tatters this morning – as it emerged Ed Balls had savaged the idea in January.

Ed Miliband has pledged to end the “non-domicile” status which allows more than 100,000 UK citizens avoid tax on their overseas income.

But the plan looked in danger of unravelling this morning as it emerged some will still be able to take advantage of the perk if they are only living in Britain temporarily.

An interview also emerged of Shadow Chancellor Mr Balls trashing the proposal just three months ago, claiming it would cost the Treasury money as tycoons move to lower tax regimes abroad.

Mr Balls said: “If you abolish the whole status it will end up costing Britain money because some people will leave the country.”

Mr Balls has also admitted he did not know how much extra cash it would raise.

Paywall linky, sorry

BTW Damien the £100,000 amount was being bandied about on R4 this morning but it might only apply to the super rich. Sub-millionairs pay less, down to £30,000 I'm given to believe.

[MalteseFalcon]

Did a poll to find who I should be voting for. UKIP first, Labour second and Liberals third. I'd rather abstain than vote for any of those parties. The real shame about the whole electoral system is that you cannot mix and match policies from all parties.

[heero_yuy]

Originally Posted by MarkC1984

Did a poll to find who I should be voting for. UKIP first, Labour second and Liberals third. I'd rather abstain than vote for any of those parties. The real shame about the whole electoral system is that you cannot mix and match policies from all parties.

Trouble is if you did that then everybody would be getting money from the state and nobody pays any taxes. Full speed to an economic crash.

Originally Posted by MarkC1984

Did a poll to find who I should be voting for. UKIP first, Labour second and Liberals third. I'd rather abstain than vote for any of those parties. The real shame about the whole electoral system is that you cannot mix and match policies from all parties.

It's almost as if you have to share a country with 65 million other people and as such a degree of compromise and pragmatism is involved. You're not ordering a pizza. You can't always get what you want.

[richard s]

If the Tory's were in power during 2nd Gulf war, would they not have done the same as Tony Blairs decision/or lies. Would not the Tory's have bottom kissed George Bush. The think the outcome would have been the same. Still it got rid of a Tyrant who probably would have gone onto WMD aquisition.

Though the situation in Iraq is worse by ISIL war crimes.

[ianch99]

Originally Posted by heero_yuy

I believe they do on income earned in THIS country. The Labour plan is to try and tax income earned in other countries as well

http://www.bmmagazine.co.uk/news/dun...e-in-business/

Although non-doms are not required to pay tax on earnings made outside the UK, that’s not the end of it. They can also reduce the tax on their UK earnings, and here’s how it can happen.

A non-dom simply needs to say that his or her UK company is managed by a board of directors outside the UK and then make a charge to the company for “management services”. This reduces the pre-tax profit of the company and so reduces its corporation tax bill.

The money transferred offshore for “management services” is tax free and can be used to fund the non-dom lifestyle abroad – the yachts, planes and mansions.

---------- Post added at 15:56 ---------- Previous post was at 15:53 ----------

Originally Posted by richard s

If the Tory's were in power during 2nd Gulf war, would they not have done the same as Tony Blairs decision/or lies. Would not the Tory's have bottom kissed George Bush. The think the outcome would have been the same. Still it got rid of a Tyrant who probably would have gone onto WMD aquisition.

Though the situation in Iraq is worse by ISIL war crimes.

Yes they would have ... look how the Blessed Margaret looked up to Reagan:

Thatcher summed up her understanding of the special relationship at her first meeting with Reagan as president in 1981: ‘Your problems will be our problems and when you look for friends we shall be there

[nashville]

Great pictures

[denphone]

Nigel Farage suffers further poll woe as survey finds Ukip voters love Brussels sprouts.

http://www.independent.co.uk/news/uk...-10164390.html

After the Non-Doms, some other ideas how Labour can collect more tax (some of them I would support).

http://labourlist.org/2015/04/after-...ce-in-britain/

This one may affect quite a few people, though.....

Improve transparency

One of the easiest ways to tackle corruption within the tax system is to improve transparency, especially in the cases of tax havens and secrecy jurisdictions.

From 2016, UK banks will have to share information on all foreign-owned companies to which they supply services, but there is currently no obligation upon them to share this data with HMRC. In future, every UK bank should be required to collect and share this information on UK company directors with both HMRC and Companies House so that it can be used to ensure tax is paid.

There is also a need to better regulate the digital economy to make sure that large companies, such as Amazon, but also smaller companies and individual traders, pay the right amount of tax in the UK. Organisations such as Paypal, eBay, Visa and Mastercard should be obliged to supply information to HMRC on any person or company that has a trading account.

[heero_yuy]

A least my £millions stashed away in bitcoins are beyond their reach.

Originally Posted by Hugh

After the Non-Doms, some other ideas how Labour can collect more tax (some of them I would support).

http://labourlist.org/2015/04/after-...ce-in-britain/

This one may affect quite a few people, though.....

Seems fair enough doesn't it? Isn't there a certain allowance of income via things like eBay and so on before it's taxable?

[MalteseFalcon]

Latest cartoon from Times:

[tweetiepooh]

Was thinking last night about the sort of MP I would want.

1)Would broadly agree with my general outlook and wouldn't stand for policies that would directly penalise my life choices (try to be fairly neutral in wording)
2)Doesn't stand for a party that I can't support
3)Would stand up for their principles even when the party or even the country disagrees but can possibly be convinced otherwise
4)Would stand up for their constituency even against their party.
5)Would remember that they are elected to serve.
6)Would promote what they do stand for not just oppose what "the others" do.

Just a few, these sound so much better in my own head.

[richard s]

Just what you would expect from the Tory Times.


But Mr Bean has a new job as Chancellor: