Tax the rich

Nov 2015
5,737
1,873
UK
#1
Great socialist idea, tax the rich. Solution, why not just move to Monaco to save billions!!

Ineos founder Sir Jim Ratcliffe blasts EU over ‘stupid’ taxes - Evening Express


Ineos founder and Brexit-backer Sir Jim Ratcliffe has slammed the EU over expensive regulations and “stupid” green taxes he claims are choking Europe’s chemicals industry.

In an open letter to European Commission president Jean-Claude Juncker, Sir Jim warned Europe is “no longer competitive” as a result of its strict energy and labour laws, which he claims are the most expensive in the world.

He added the EU is “scaring away investment with heavy green taxes”, with Europe’s share of the world chemical market having halved to just 15% in the last 10 years.

Just a latest example when a business upsticks and moves to a more tax incentive country. Not only that, the UK has now lost anywhere from several hundred million to £4b in tax.
 
Nov 2015
5,737
1,873
UK
#3
I think France learned their lesson a few years ago about this same thing, dint they?
Has happened a few times. I believe Lewis Hamilton lives in Switzerland for tax reasons.

The day America tries to tax their top 1%, the likes of Bermuda, Switzerland etc.. will benefit, American tax payer will lose out.
 
Jul 2013
53,610
57,334
Nashville, TN
#4
Has happened a few times. I believe Lewis Hamilton lives in Switzerland for tax reasons.

The day America tries to tax their top 1%, the likes of Bermuda, Switzerland etc.. will benefit, American tax payer will lose out.
If they want to give up their American citizenship and flee the country, let them. Their corporate holdings left in this country will still be taxed.
 
Jul 2014
36,294
9,561
midwest
#5
Has happened a few times. I believe Lewis Hamilton lives in Switzerland for tax reasons.

The day America tries to tax their top 1%, the likes of Bermuda, Switzerland etc.. will benefit, American tax payer will lose out.
Yea, and most of us know that.

Some never will...
 
Jul 2013
53,610
57,334
Nashville, TN
#7
Likes: BitterPill
Jul 2013
53,610
57,334
Nashville, TN
#8
Maybe Britain needs to raise their own fucking taxes?

At Budget time in March 2019:
The UK National Debt is estimated to be £1.84 trillion.

UK National Debt - Current, Recent, Historical Charts Tables

And your entire GDP is less than the state of California's..

New economic data puts the California economy at $2.747 trillion — bigger than most nations. The ranking puts in fifth in the world, just ahead of the United Kingdom, which is on $2.625 trillion. The difference is striking given California's population of 40 million to the UK's 66 million. May 11, 2018
You need to worry more about your own shitty government and less about ours..just saying...
 
Jul 2013
53,610
57,334
Nashville, TN
#9
Yea, and most of us know that.

Some never will...
Right Wingers have not figured out that trickle down economics is a failure after almost 40 years of history. And, in fact, are still trying to make it work as deficits grow and wages stagnate. Even after one of its biggest boosters, Greenspan, admitted it was a failure. Here is a video of him saying it.

 
Nov 2015
5,737
1,873
UK
#10
Maybe Britain needs to raise their own fucking taxes?


UK National Debt - Current, Recent, Historical Charts Tables

And your entire GDP is less than the state of California's..



You need to worry more about your own shitty government and less about ours..just saying...
Don't worry, I get that lame shit comment a lot.

Now let me think, where did the bulk of the UK deficit come from? Oh yes, useless fucking Socialist left wing party Labour created the largest debt in history and then the government had to bail the banks out due to financial collapse stemming from America.

Next useless question please, we suffer from lefties over here as well.