Conservative party/opposition watch

[Stumuz2]

Is your property eligible for Agricultural Relief?

Yes. Inheritance tax is voluntary. So easy to lawfully avoid it. Pre-inheritance or watching the joy on your childrens faces as you give them a chunk of your wealth before you pop it!

[Stumuz2]

I would also like to see the definition of a corporation revisited.

Why?

From the president of Columbia University, in a 1911 a speech called "Politics and Economics",

"I weigh my words, when I say that in my judgment the limited liability corporation is the greatest single discovery of modern times, whether you judge it by its social, by its ethical, by its industrial or, in the long run,—-after we understand it and know how to use it,—by its political, effects. Even steam and electricity are far less important than the limited liability corporation, and they would be reduced to comparative impotence without it."

[UndercoverElephant]

. We should ALL pay the same percentage of taxation on earnings.

No. The ultra-rich should pay more than the middle class, not the same amount or less. The system should deliberately make it difficult to hold on to wealth -- the more you have, the harder it should be to hold on to it.

[UndercoverElephant]

Link to a picture of Truss's piece. It does not disappoint. The headline is "I was brought down by the left wing economic establishment", and she claims that the reason her voodoo economics didn't work is that not enough people believed in it. The establishment is left wing and the public is too stupid to understand her brilliance. Seriously, that is what she says:

https://imgur.com/a/PMrxs4K

[Potemkin Villager]

This is boilerplate " It was somebody else's fault" or maybe "The dog ate my homework".

Does anybody know if she got to elevate loads of her chums to the most exclusive
day care centre in the UK?

[Stumuz2]

Or she could believe in free trade, low tax, personal autonomy, small government, self reliance, anti fragility, and the core function of government being those things that the private sector cannot do.

I know, radical!

For those who believe that the 'rich' are going to pay for everything...the future is awesome, everything's free!!

[UndercoverElephant]

Or she could believe in free trade, low tax, personal autonomy, small government, self reliance, anti fragility, and the core function of government being those things that the private sector cannot do.

I know, radical!

For those who believe that the 'rich' are going to pay for everything...the future is awesome, everything's free!!

Have you forgotten what actually happened? She got a chance to implement her voodoo economics, and it cost the country £40bn. It cost us personally about £30K, thanks to her crashing the property market while we were trying to sell something. She can't admit she was wrong, and neither can you. You believe in her voodoo economics.

[Stumuz2]

Have you forgotten what actually happened? She got a chance to implement her voodoo economics, and it cost the country £40bn. It cost us personally about £30K.

Make up your mind. I thought you wanted the rich to pay more. Those with inherited wealth are the rich in our society, so the indirect tax you paid is a moral good......According to you that is.

thanks to her crashing the property market while we were trying to sell something. She can't admit she was wrong, and neither can you. You believe in her voodoo economics.

Any financial observer knew it was an establishment hit job. The day the mini budget was announced, we had half the debt of France, well below their deficit, and the financial markets decided that UK could not afford its borrowing.

Pull the other one, its got bells on.

[Catweazle]

Any financial observer knew it was an establishment hit job.

Surely you meant to say "due to the actions of honest businessmen making money and minimising their tax liabilities....."

[UndercoverElephant]

Have you forgotten what actually happened? She got a chance to implement her voodoo economics, and it cost the country £40bn. It cost us personally about £30K.

Make up your mind. I thought you wanted the rich to pay more. Those with inherited wealth are the rich in our society, so the indirect tax you paid is a moral good......According to you that is.

Eh? What do you think I haven't made my mind up about? You are defending the catastrophic record of the shortest serving PM in UK history. You really need to take a look in the mirror.

Any financial observer knew it was an establishment hit job.

Erm. Nope. It was the free market. Don't you believe in the free market?

Pull the other one, its got bells on.

Last time you tried to bullshit your way through an argument with me, you lost it. Seems you didn't learn much.

EDIT: just to save some time. Every time somebody suggests that extremely wealthy people are under a moral obligation to pay a higher rate of tax, you take it very personally and start making weird arguments. The reason for the weird argument is that you cannot actually defend your naked greed and selfishness, so you try to make the argument that other people are hypocrites -- that everybody else would behave just as selfishly as you - that everybody who becomes extremely wealthy would, like you, be unable to distinguish between taxation and theft. This time its a different variation, where instead of conflating taxation with theft, you are conflating taxation with mismanagement of the economy. The money I lost on a property transaction wasn't "indirect taxation". It wasn't any sort of taxation. It was the result of an unexpected and unnecessary disruption of the housing market as a consequence of an unexpected, unjustified and utterly stupid bit of fantasy right-wing economics which scared the shit out of the international money markets. You were the only person on this forum who defended the fantasy economics at the time, and just like Liz Truss you have failed to learn anything from the catastrophic consequences of the fantasy making contact with reality.

Bottom line: you are obsessed with money, and even though you are already extremely wealthy, you seriously resent having to pay taxes and react very badly to people suggesting your behaviour is immoral. Get over it.

[Mark]

According to the FT (not The Guardian), Liz Truss and Kwasi Kwarteng cost the country £45billion....
https://www.ft.com/content/736a695d-61f ... 92ed2a3dca

But that's all good for Stumuz2, because in his world tax cuts are always good and giving any money to the taxman is theft - really ?
Submitting fraudulent tax returns is also OK - he thinks it's HMRC's responsibility to find the flaws....
And that Nadhim Zahawi came home after a hard day as an MP, had his tea, and then started building/plastering/plumbing until midnight.....
For me, swindling tax and/or paying smart lawyers and accountants to hide large sums of wealth are more immoral actions than fiddling a few quid of benefit if you're in a totally desperate situation...

I can visualise Stumuz2 foaming at the mouth....
So just to be clear, I don't think that a life on benefits is a good one, or should be encouraged
Benefits are there to protect and defend the weak and vulnerable in society, and shouldn't be abused either...

And yes, good luck to Lidl selling beans @ 38p, but I don't want them running the NHS, Social Care, Roads, Defence, Education, Public Transport etc..... or the utility services for that matter..... these are public assets and should be run for public benefit....., not private shareholder profits, which often end up going out of the country...

[UndercoverElephant]

According to the FT (not The Guardian), Liz Truss and Kwasi Kwarteng cost the country £45billion....
https://www.ft.com/content/736a695d-61f ... 92ed2a3dca

Yep. £45bn for nothing. That was the cost of damage to the UK's economic credibility, because Liz Truss thought she knew better than "the experts". The astonishing thing is that she still thinks she knows better than the experts.

[UndercoverElephant]

https://news.sky.com/video/global-laugh ... s-12804030

"This is literally the most appalling nonsense I have ever read"

[UndercoverElephant]

She really should have crawled under a rock and stayed there.

https://www.mirror.co.uk/news/politics/ ... t-29137297

Liz Truss’ ‘deranged’ comeback - all the best comments and reaction to bonkers essay

[Potemkin Villager]

Bottom line: you are obsessed with money, and even though you are already extremely wealthy, you seriously resent having to pay taxes and react very badly to people suggesting your behaviour is immoral. Get over it.

Best not to feed Orcs.