HR advice – been called into the office at a moments notice…

while the economy has boomed inequality has also risen

And who presided over this rise in inequality? Oh yes….

Hello,

Two cod and chips, large
1 Hadock and chips, standard.
Mushy peas and 1 pickled egg,

Thanks

And who presided over this rise in inequality? Oh yes….

it was the torries i mean nulabour,,, erm same thing

while the economy has boomed inequality has also risen

Welcome to Labour's lousy taxation legacy. Huge increases in duty and regressive taxes like NI (The "Stealth" taxes) hit the poor greater than the wealthy.

Attempts to increase taxation on the wealthy tail simply encourage tax avoidance. The government can have a go at legislation, but as he says: "my firends in the city go to great length to ensure that the large amounts of money they make are safe from the greedy taxman and im sure that they are not alone" there's plenty of people who will find a way.

clumsy tax credits have been needed to fix the mess and even then they get it wrong.

My solution: increase personal tax allowances from £6.5k to £10k, scrap 10p tax rate, increase the tax rate from 22p to 25, 26, 27p ish, harmonise capital, corporate and income taxes regimes. Cut VAT to 12%, 0% on food/kids clothes/Green energy products.

Everyone wants to know the outcome in a supportive non voyueristic way …obviously,

but the freemarket isn't free discussion is an interesting diversion while we do surely ?

Sorry, out of eggs.
Pickled onion ok, on the house?

Attempts to increase taxation on the wealthy tail simply encourage tax avoidance.

Therefore we should avoid this by not taxing them? isnt that a bit like saying criminals try to escape so to avoid this pesky state of affairs lets not lock them up? There may exist a perception that high tax rates on those earning over 150k are unfair. However that perception needs challenging. As I mentioned before its overstating it to say that such high marginal tax rates act as a disincentive.

My solution: increase personal tax allowances from £6.5k to £10k, scrap 10p tax rate, increase the tax rate from 22p to 25, 26, 27p ish, harmonise capital, corporate and income taxes regimes. Cut VAT to 12%, 0% on food/kids clothes/Green energy products.

Fine and how are the other side of the accounts looking? What about the 50% rate?

i get all the rest i think but what does

harmonise capital, corporate and income taxes regimes

mean

and agree with much of it but would like to see higher taxes at the top end , like these guys Rich Germans demand higher taxes

surely tightening up tax loopholes properly and stiff penalties for avoidance is the way forward

the way i see it nulabour cosied up to the city far too much following the dream of big money in the city means the nation will be wealthier, which it wasnt we (the plebs) just borrowed more because rich banks were happy to lend us more

but will the torries continue the same policy of kissing city and bank ass??

actually, that ought to balance pretty much.

Im happy with a c.40% of GDP tax take in the UK.

On the other side of the accounts though there needs to be some serious belt tightening to get our deficit back down. Income surpluses would be needed to pay down our national debt not plump up the public sector.

So what happened??

Nice sidestepping of the freemarket thing and wazzing off up the I'd like to pay less tax alley, dont you think??

variation in capital gains tax, income tax and corporation tax allow individuals room for arbitration of taxation on income and investments – in other words gives opportunity to avoid tax. It also means that structurally as a company grows the taxtion environment of it's owners changes – which over complicates the issue.

On the other side of the accounts though there needs to be some serious belt tightening to get our deficit back down. Income surpluses would be needed to pay down our national debt not plump up the public sector.

One persons "fattening up" is anothers crucial service but in principle I agree. I cant help feeling that you wont be feeling the "belt tightening" however to paraphrase a Tory chancellor, I feel the deficit (managed down over a reasonable period) is a price worth paying to avoid the misery of the 80's.

Nice sidestepping of the freemarket thing and wazzing off up the I'd like to pay less tax alley, dont you think??

jeezarse Bandit.
Do you never read anything?
Im advocating the better off paying higher taxes pro-rata. 🙄
It doesnt need a 50% tax rate to do that. As Ive said before the 50% rate is a red herring and a distraction.

National debt is a pretty meaningless measure of how well off a country is. All through the Victorian and early Edwardian period our National Debt was up near 80% of GDP, and it saw the greatest level of expansion in our history. Japan's is up near 200%, and yet they have some of the highest living standards, France and Germany think nothing of having National debt running at about 70-75% all the time. Not having debt as an individual is a good idea, as far as country's go, it don't matter all that much.

One persons "fattening up" is anothers crucial service

Only if Mr Another genuinely believes that 100% of public expenditure is crucial service.*

* Hint, can you guess that I probably dont think it is? 🙂

TJ you make an interesting point about the role of unions in Germany. If the unions in this country would only take the same role then I think I might even join one.

The problem is that Germany has a very different model of capitalism to us (Alliance model versus the eponymous Anglo Saxon model). The German system is no better or worse than ours, it's just different, but it does give rise to competitive advantages in certain areas, such as manufacturing/process refinement, whereas our model is better for things radical innovation.

It would be difficult for the unions in this country to take a more collaborative approach, as they do in Germany, without also having the same level of legal commitment between Germans employees have from their employer. Thing is that level of legal commitment would stiffle a highly mobile and flexible work force which is one of the things that supports radical innovation.

I drew up a chair a while back but am getting a sore bum, anyone want to swap ?
Shall i put the kettle on ?

Japans national debt has seriously held back its GDP growth for the last 15 years.

France and Germany share a currency with other economies so that they have the monetary scale to act as a proxy for a reserve currency – like the US.

The US can get away with printing their way out of debt because the Dollar is the world's reserve currency.

Stirling isnt.

Running a high deficit is certainly not a problem as such. But redemption and interest have to be served from current income, or be inflated away. During the victorian era the public sector was a fraction of what it is now, so could serve the cost of debt from revenue. Nowadays, if we are to continue to enjoy the scale of services we have from a 40% GDP tax take into the future, we have to reduce that part of the revenue that is directed at interest and amortisation.

Who's up for buying some GILTs as protection for the next 10 years of inflation? 🙂

SO was it the porn in the toilet ?

I reckon he works for the treasury and is the guy leaking stuff to the conservatives.

Alistair Darling has him in shackles as we speak…

who would have dreamed HR issues could be so dull ?

He never did say what time the meeting was, any ideas anyone ?

I feel a bond with the OP after plouging through his thread but i am also wondering what the silence means

On the other hand does anyone fancy a pint?

well its been a more enjoyable way of spending the day than it could have been. I think Im ready for that pint too.

Hope bushwacked comes back soon. Getting worried for him…

jeezarse Bandit.
Do you never read anything?

Only when its interesting and/or pertinent, which I hate to say your theory on tax for the better off just isn't. The real issue here is your original point that a freemarket ethos does not exclude you from centre or left of centre politics. As far as I can see you have been busily avoiding that issue and trying to fill the resultant hole that you dug ever since. C'mon how about coughing that you may have been a bit previous with that one?? 🙄

bushwhacked can't get a word in edgeways!

Berm Bandit – is in the room of looking good.

Interesting thread folks. How is our man doing, do you reckon that he only has a PC at work and can no longer use it, hope not.

do you reckon that he only has a PC at work and can no longer use it, hope not.

I really do hope that's not the case…

*sends positive waves….*

maybe it's the otherway round and only got stw access from home (after all first post was about 6.30 yesterday).

so no news is good news (i hope)

Look at these two definitions of the centre/moderate right/left:

In general, right-wing implies a commitment to conservative Christian values, support for social policies that favor the upper class, and belief in a single traditional culture for national unity. The contemporary Right usually defines itself as promoting deregulation of business, commerce and industry.

The contemporary Left usually defines itself as promoting government regulation of business, commerce and industry; protection of fundamental rights such as freedom of speech and separation of church and state; and government intervention on behalf of racial, ethnic, and sexual minorities and the working class.

I have underlined those bits that coincide with my personal political ideology.

if you insist that "a freemarket ethos is does not exclude [me] from centre or left of centre politics" then I would insist that my political views do not exclude me from the left either. Or is it a political no-mans land? As I said right at the begninning, an individuals political philosophy neednt be wholly aligned with one manifesto or another. If people are going to go around labelling other's politics, perhaps they should consider not being be quite so narrow-minded first.

So it's back on at about 6:30, like the positive vibe thing. Lets stop the bitching give out those good Karma waves Hommmmmm….

I see we are back on the correct topic, the man in possible need.

Looks like it was a shallow grave for Bushwhacked – I suggest a minutes silence.

Ok I've eaten all my biscuits now and am on to the chocolate. Bushwacked, please what happened….?

if you insist that "a freemarket ethos is does not exclude [me] from centre or left of centre politics" then I would insist that my political views do not exclude me from the left either

Do you know I have absolutely no idea what that was about…

Besides my entire being is now focussed on positive vibes for bushwacked. So regret that my attention has temporarily wavered from tickling your political testicles

SO what happened????

Well,either it was a promotion,and he's out on the lash,celebrating,or the big heave-ho,and he's out on the lash,drowning his sorrows.This could be a long evening,especially if we have to discuss each others faith systems at length.
Ian

I think he probably fell asleep reading the rest of this thread.

Private medical companies competing to sell services to the NHS that the NHS then administers to the user, if done correctly*, should provide the best value for money to the state…To date it hasnt particularly.

Therein lies the rub. If we want a resonable degree of comprehensive cover, then – frankly – "competition" is fairly meaningless in the context of, say, major trauma or neonatal intensive care. Somebody (with the necessary, hard-won experience) has to do the dirty work… usually above and beyond any specified job description. That's not NHS sentimentalism on my part – just simple fact. Continental healthcare makes more use of mixed provision, certainly, but it ain't the "market" (or even competing private interests) which picks up the slack, so much as charitable/NfPFT/educational institutions. Indeed, NuLab gave preferential[/i] treatment to the private sector during procurement, with frequently piss-poor results – but that didn't stop well run in-house assets such as NHS Logistics being spun off to the likes of DHL…

Just adding some more padding – hope the OP is ok. 😐

Please……please tell me what happened to Bushwacked, I can't stand it any longer….. 😥