| All this Budget Speculation 23:28 - Oct 18 with 33718 views | JACKMANANDBOY |
The plan seems to be to raise taxes like IHT and Capital Gains and maybe on Non-Doms etc. whilst changing the rules to borrow more.
There a realistic risk here, if the tax income does not increase as planned, the very rich can work their way around these increases, and if growth is slow then the cost of borrowing increases as bond rates will go up as confidence is lost in the money markets and we will have a slow burn Liz Truss effect.
With all that is happening in the World having some gold makes a lot of sense right now. |  |
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| All this Budget Speculation on 12:15 - Aug 19 with 158 views | Dr_Winston |
Like night follows day.
You will never convince Socialists that high tax policies are ultimately self defeating. If they were capable of understanding that then they wouldn't be Socialists.
As has been said before, the best tax rates are the ones that people are happy to pay. Raise them too much and people will work harder to avoid them and income decreases. |  |
| Pain or damage don't end the world. Or despair, or f*cking beatings. The world ends when you're dead. Until then, you got more punishment in store. Stand it like a man... and give some back. |
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| All this Budget Speculation on 12:33 - Aug 19 with 137 views | JACKMANANDBOY |
| All this Budget Speculation on 12:15 - Aug 19 by Dr_Winston |
Like night follows day.
You will never convince Socialists that high tax policies are ultimately self defeating. If they were capable of understanding that then they wouldn't be Socialists.
As has been said before, the best tax rates are the ones that people are happy to pay. Raise them too much and people will work harder to avoid them and income decreases. |
Well the £20 billion (actually £9 billion) black hole is now £50 billion despite " fixing the foundations" in the last budget. What people don't understand is that very rich people and business have options, particularly in a globalised economy.
300,000 euros gets you a passport in Portugal, a lower tax regime and access to EU countries. | |
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