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He expressed an opinion different from yours.
"Tax the rich via an ETS"
Could you make any less sense?
He gets numerous facts wrong ie Buffet pays a lower tax rate not lower tax. He also fails to acknowledge the massively disproportionate amount of tax paid by the rich.
Huh? Still not getting the problem here?
He gets numerous facts wrong ie Buffet pays a lower tax rate not lower tax. He also fails to acknowledge the massively disproportionate amount of tax paid by the rich.
However, an even bigger problem is that he and his ilk simply cant grasp the reality of the attitude of successful people and how they react to tax. If you have a penal top rate of tax, people will find ways to avoid it. Lower the tax rate and it becomes less worthwhile to set up expensive tax structures.
On the same day
Albo - tax the rich
Shorten - tax the rich via an ETS
They never learn.
His point wasn't 'tax the wealthy more' - it was 'make sure the wealthy actualy pay tax like everyone else'.
Mal its BS. Osborne pulls the same crap in the UK. Instead of making tough decisions they play to the crowd and pretend they can solve budget issues by tackling avoidance. It raises two thirds of stuff all every time (and can even cost money, see charging non doms).
The wealthy do pay tax like everyone else. A massively disproportionate amount.
Its just dishonest claptrap. Biggest proponents of it is The Guardian. Amusing given their penchant for offshore tax avoidance to avoid tax when selling assets.
Yeah, not seeing the problem here, could you try and explain your position?
The article is dated 2006.
A lot of wealthy peeps and companies don't pay tax via various schemes. That should stop.
Hey Meds, what's with UK politicians? Another caught on video sniffing with friends?
Do you think it is also happening here?Maggie, I have no idea but its long been going on. The below happened just after I first arrived in the UK. There have been a heap of sex scandals ever since (Hamilton, Jeffrey Archer etc).
http://news.bbc.co.uk/onthisday/hi/dates/stories/february/8/newsid_2538000/2538165.stm
Forensic scientists are investigating the "suspicious circumstances" of the death of Conservative MP for Eastleigh Stephen Milligan
One officer said: "The body was naked except for a pair of stockings and suspenders."
But he refused to comment on rumours the politician was also bound and gagged.
Do you think it is also happening here?
Interesting article, that is what I mean, seems a frequent occurrence in the UK more so than here or USA?
I posted a link in the Bishop thread where it lists the amounts for each MP but no details sadly. Totally agree irrespective of which party. Have no doubt there would be some interesting expenses.Possibly but they probably get away with it The tabloids are pretty ruthless here and Murdoch has a bone to pick with them given the witch hunt over phone hacking (The Sun on Sunday broke the story).
Of far more concern is the expenses MPs claim. I have little doubt Australia is just as bad if not worse. Would love to see an expose by the media letting us know who has been putting their hand in the cookie jar.
I posted a link in the Bishop thread where it lists the amounts for each MP but no details sadly.
UK used to just list totals of expenditure IIRC. However recent ruling has changed that. It would be great if the ALP, Greens, media etc all hounded Abbott to demand we follow suit.