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Author Topic: Public money  (Read 7641 times)

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Sir Tigger KC

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Re: Public money
« Reply #30 on: 09 April 2016, 11:49:30 »

In the first part of this article in The Fail by Daniel Hannan, he talks about the expenses that can be claimed by MEP's  ::)

Some you old codgers with dicky tickers probably shouldn't read it!  :P  ;D
 
http://www.dailymail.co.uk/news/article-3530980/Please-sack-Euro-MP-DANIEL-HANNAN-money-perks-gets-Brussels-making-Britons-lives-harder-begging-nation-courage-job.html
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Re: Public money
« Reply #31 on: 09 April 2016, 15:04:31 »

Can't trust any of them because....it's all about the money!! the MP's expenses episode proved that and it's probably going on still, if the truth be known, but....with the politician scumbags who seem to be oblivious to the opinions of the electorate(except on the run up to elections) it's on a need to know basis and as we are all viewed as Plebs we just get the mushroom treatment and get told to jog on.... what a bunch of arrogant W**K**S!  ::) ::)
That's hardly a new concept though... been happening since the dawn of time.
« Last Edit: 09 April 2016, 15:06:07 by Harris K Telemacher »
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Migv6 le Frog Fan

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Re: Public money
« Reply #32 on: 09 April 2016, 17:18:26 »

If Entwood is then so am I ;)

And you can bet your bottom dollar that if you rubbed hard enough the shiny would come right off those on the opposite side of the political fence and we'd find out all about their overseas holdings, too..

Apparently Labours Margeret Hodge (chair of the public accounts committee) had £1.5 million in shares in offshore accounts.  :y
All in it together.  ;) :D
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Rods2

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Re: Public money
« Reply #33 on: 09 April 2016, 19:02:42 »

I've got a confession to make. Many years a go I had a reasonable sum of money, that I avoided paying tax on, invested it in an offshore emerging markets fund, which grew very well and I paid no tax on the gain.

All legally of course where I put the money into my pension fund.  :y

Minimising your taxes is not illegal, tax evasion is.

If you are mobile and can split your time across three countries and setup a company for all your earnings in a tax haven then you can legally pay no tax. Rich politicians and their friends of all parties, would not want it anyother way, for obvious reasons. This is why, successful international people like sports personalities, pop starts, actors etc, all have three houses.
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Re: Public money
« Reply #34 on: 09 April 2016, 19:26:28 »

Didn't really start this thread as a rant against any individual politician or not.Personally if I'd got a fat wad of cash and I could legally avoid tax on it then I would!It was more the thought that although there's supposed to be a cap of £7m for either camp the government is then going ahead and spending £9m+ of public money on leafleting every household giving us the "facts" with regard to a stay in vote!
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Re: Public money
« Reply #35 on: 09 April 2016, 19:32:59 »

I've got a confession to make. Many years a go I had a reasonable sum of money, that I avoided paying tax on, invested it in an offshore emerging markets fund, which grew very well and I paid no tax on the gain.

All legally of course where I put the money into my pension fund.  :y

Minimising your taxes is not illegal, tax evasion is.

If you are mobile and can split your time across three countries and setup a company for all your earnings in a tax haven then you can legally pay no tax. Rich politicians and their friends of all parties, would not want it anyother way, for obvious reasons. This is why, successful international people like sports personalities, pop starts, actors etc, all have three houses.

My own personal feelings are if you earned it, then you should pay the tax of the country you earned it in.
That way googly,star*uc*S, eBay, would all,be paying there rightfull tax in this country, as would all footballists, and polyticians, but as we all know some clever, accountant would find a way around it.
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Rods2

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Re: Public money
« Reply #36 on: 09 April 2016, 21:15:17 »

I've got a confession to make. Many years a go I had a reasonable sum of money, that I avoided paying tax on, invested it in an offshore emerging markets fund, which grew very well and I paid no tax on the gain.

All legally of course where I put the money into my pension fund.  :y

Minimising your taxes is not illegal, tax evasion is.

If you are mobile and can split your time across three countries and setup a company for all your earnings in a tax haven then you can legally pay no tax. Rich politicians and their friends of all parties, would not want it anyother way, for obvious reasons. This is why, successful international people like sports personalities, pop starts, actors etc, all have three houses.

My own personal feelings are if you earned it, then you should pay the tax of the country you earned it in.
That way googly,star*uc*S, eBay, would all,be paying there rightfull tax in this country, as would all footballists, and polyticians, but as we all know some clever, accountant would find a way around it.

That can't and doesn't work because of the global nature of businesses. Companies as long as they are consistent can choose where they make their profits. There are also 1m and 1 ways of moving profits around from intercompany loans to intellectual property rights.
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Re: Public money
« Reply #37 on: 09 April 2016, 21:25:19 »

I've got a confession to make. Many years a go I had a reasonable sum of money, that I avoided paying tax on, invested it in an offshore emerging markets fund, which grew very well and I paid no tax on the gain.

All legally of course where I put the money into my pension fund.  :y

Minimising your taxes is not illegal, tax evasion is.

If you are mobile and can split your time across three countries and setup a company for all your earnings in a tax haven then you can legally pay no tax. Rich politicians and their friends of all parties, would not want it anyother way, for obvious reasons. This is why, successful international people like sports personalities, pop starts, actors etc, all have three houses.

My own personal feelings are if you earned it, then you should pay the tax of the country you earned it in.
That way googly,star*uc*S, eBay, would all,be paying there rightfull tax in this country, as would all footballists, and polyticians, but as we all know some clever, accountant would find a way around it.

That can't and doesn't work because of the global nature of businesses. Companies as long as they are consistent can choose where they make their profits. There are also 1m and 1 ways of moving profits around from intercompany loans to intellectual property rights.

What you just put is a way to not pay tax, (e.g. a fiddle), if a company sell a product in this country,then there is tax due,  very simplistic I know, but that's what's required, the laws need simplifying, black and white. But it won't happen. :'(
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Re: Public money
« Reply #38 on: 10 April 2016, 03:57:44 »

I've got a confession to make. Many years a go I had a reasonable sum of money, that I avoided paying tax on, invested it in an offshore emerging markets fund, which grew very well and I paid no tax on the gain.

All legally of course where I put the money into my pension fund.  :y

Minimising your taxes is not illegal, tax evasion is.

If you are mobile and can split your time across three countries and setup a company for all your earnings in a tax haven then you can legally pay no tax. Rich politicians and their friends of all parties, would not want it anyother way, for obvious reasons. This is why, successful international people like sports personalities, pop starts, actors etc, all have three houses.

My own personal feelings are if you earned it, then you should pay the tax of the country you earned it in.
That way googly,star*uc*S, eBay, would all,be paying there rightfull tax in this country, as would all footballists, and polyticians, but as we all know some clever, accountant would find a way around it.

That can't and doesn't work because of the global nature of businesses. Companies as long as they are consistent can choose where they make their profits. There are also 1m and 1 ways of moving profits around from intercompany loans to intellectual property rights.

What you just put is a way to not pay tax, (e.g. a fiddle), if a company sell a product in this country,then there is tax due,  very simplistic I know, but that's what's required, the laws need simplifying, black and white. But it won't happen. :'(

Not at all how do you define 'earn in a country'? On persons 'fiddle' is another persons reasonable behaviour. The absolute criterian are court cases to set case law and corporations and UK Government have both avoided these as on one side they could have grave implications for UK trade and living standards and on the other Corporate profits. It suits both to muddle through. For corporates there can be a PR earnings implication as Starbucks found to their cost!
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Re: Public money
« Reply #39 on: 10 April 2016, 10:13:14 »

I for one think the 9.3m could've been better spent.
Like give everyone who works 50p?
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Re: Public money
« Reply #40 on: 10 April 2016, 11:43:20 »

That's hardly the point. Its an abuse of power and taxpayers money.
It has been deemed from the start that there will be an official Remain and an official Leave campaign.
They wont receive taxpayer funding and will be limited to a maximum of £7 million each in spending.
For the Govt to produce a pro EU propaganda leaflet after setting those ground rules, and use £9 million of taxpayers money to do it is disgraceful.
The good thing is that it looks like it has spectacularily backfired, as would be expected from this bunch of amateurs.
Like Camerons tax affairs, it has been terribly managed by people who haven't got a clue what they are doing.
They really don't deserve to be in Govt. but the alternative was  unthinkable, so they got re -elected.
As I said in an earlier post. The most credible candidate for PM now is Boris. That should tell us we really are in deep trouble.  :)
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Shackeng

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Re: Public money
« Reply #41 on: 10 April 2016, 12:35:56 »

That's hardly the point. Its an abuse of power and taxpayers money.
It has been deemed from the start that there will be an official Remain and an official Leave campaign.
They wont receive taxpayer funding and will be limited to a maximum of £7 million each in spending.
For the Govt to produce a pro EU propaganda leaflet after setting those ground rules, and use £9 million of taxpayers money to do it is disgraceful.
The good thing is that it looks like it has spectacularily backfired, as would be expected from this bunch of amateurs.
Like Camerons tax affairs, it has been terribly managed by people who haven't got a clue what they are doing.
They really don't deserve to be in Govt. but the alternative was  unthinkable, so they got re -elected.
As I said in an earlier post. The most credible candidate for PM now is Boris. That should tell us we really are in deep trouble.  :)

Yep, Britain's answer to the Donald. :o
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TheBoy

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Re: Public money
« Reply #42 on: 10 April 2016, 15:31:40 »

That's hardly the point. Its an abuse of power and taxpayers money.
Personally, I couldn't give 2 hoots either way if one or the other campaign spends what.  We all know that any leaflet coming through the door will be from one camp or the other, and thus utterly useless as a source of information. Still, keeps the shredder exercised.

The only people who seem to be making a song and dance over this are those who think the general population are far more stupid than (I hope) they are.


What I do find a colossal waste of taxpayers money is the NHS, the custody system and the way the current benefits system works.
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Re: Public money
« Reply #43 on: 11 April 2016, 00:36:53 »

Listen to everyone ramble on about this pamphlet/leaflet/book whatever the hell it is.  Nobody has seen it yet, so let's see what it's all about *AND THEN make judgements.


*Judgements on the publication.  Anyone who has any form of common sense will know which way they are voting anyway.



What makes me chuckle, is the vast amount of people on FaceAche who are incredibly vocal about this, are the type who are too busy to vote (in the pub) and didn't finish Secondary Education. 

What a prosperous future we have!
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Re: Public money
« Reply #44 on: 11 April 2016, 08:04:35 »

Listen to everyone ramble on about this pamphlet/leaflet/book whatever the hell it is.  Nobody has seen it yet, so let's see what it's all about *AND THEN make judgements.


*Judgements on the publication.  Anyone who has any form of common sense will know which way they are voting anyway.



What makes me chuckle, is the vast amount of people on FaceAche who are incredibly vocal about this, are the type who are too busy to vote (in the pub) and didn't finish Secondary Education

What a prosperous future we have!

Nor did I. Left school before I was legally allowed to.Dont have as much as a woodwork certificate to my name.  ;D

The details of the leaflet have been pre released / leaked to the media, so we pretty much know whats in it.
It gives us the facts. One of these facts is that we currently control our own borders.  ;D
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