“Why did you shut down the airport?”
“Why did you keep the airport open and cause that plane crash?”
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‘unearned wealth’ isnt a good fit for what you then outline…
intergenerational wealth is obviously quite different from Australia to England, but taxing dividends (stuff already already been taxed at corporate rate i assume you mean) rental income etc etc are not by definition automatically ‘unearned wealth’…
the share portfolio, the properties…they dont just appear in a portfolio…
the difference between conservative and progressive shines through a bit here, but even the most progressive would have to admit you need to leave wiggle room for the aspirational, thats where inovation comes from…
so if i extrapolate what you probably meant, taxing those that arent just a ‘mum and dad investor’, you circle back to the point you made regarding taxing the utra wealthy…the moneys in the caymans…’
’
something needs to be done, cant argue with that, just hitting a few ‘nest egg’ investors feels like low hanging fruit though…the ones you really mnean to target probably benefit from that pain…
for my mind, productivity issues and government ‘fat’ needs to be trimmed first and foremost, and in Australia, commodities need to be slowly taken away from Gina and Twiggy forrest and transitioned into the hands of the government…
problem solved…i should be high lord ruler of the world…
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I caught some pundit asking why the airport couldn’t keep running with a UPS like a data centre. It seems to ignore that a UPS is just to buy time, a few hours at best, for either the power to come back up, or for the services to transfer to a backup data centre, usually a significant distance from the main site.
For the end user, that transition can be near seamless, but you can’t do that where physical objects (planes) are involved and the end users need to be on site.
As far as I can tell, they did have backup power, but that was prioritised keeping essential equipment on line, not the duty free shop.
I’m assuming that this will all come out in the post mortem, but if it was me, I think I would go for the safety first route. It’s mostly easier to pay compensation out of the insurance policy than to have a 747 embedded into a major Metropolis.
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Putting this here out of uncertainty as to where else it should go:
Barney has some very pithy lines re " Big Gate’s big Dimbleby lecture":
Still fluent and endearingly gawky, like an aardvark who is only now remembering it shouldn’t actually be able to talk. Above all grave and wholesome, a youthful headteacher inspiring a roomful of children in a porridge advert.
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This is a much better option. Rwanda can get very hot and steamy and the flies are a total pain.
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Fundamental difference is failed asylum seekers vs all asylum seekers.
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Have a look at Lozza’s latest meltdown on X.
He has ben charged with a sexual offence for sharing an upskirting image.
It is quite the spectacle.
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Agree completely with this.
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I may buy a stock of big cardboard boxes so I can sell them at ridiculous prices as housing in the future.
If I get extra extra large I reckon Jim Ratcliffe might come calling for the New Old Toilet.
That’s how this works right?
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Re-arming the country at the expense of the poorest sectors of society.
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It’s almost like they’re deliberately trying to get voted out.
Between this soulless ghoul and that fucking clown Milliband, they make jellyfish Starmer look competent
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Anyone still believe in the myth of trickle-down economics? 
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They’re certainly pushing the envelope with regards to the idea of pushiing out unpopular policies in the first year
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Question for those with a knowledge of tax affairs.
Saw recently on TV that HMRC may be looking into people selling stuff on Vinted.
Can’t be right surely?
Hypothetically, I make £1000 from selling various items of my pre worn clobber, but they originally cost me £4000.
If they’re going to look at tax liability, profit & loss has to come into it?
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That would not be the sellers they are looking for - no idea what the reporting requirements are, but unless it is from a large sale or from many transactions, there probably aren’t any. For the example you cite, there is no income.
Now, if you are buying wherever and then selling at a markup en masse, there would be taxable income.
edit: HMRC requirements: What you need to know | Vinted
Actually quite easy to find. £1700 or 30+ sales and you need to file a report - and even then that doesn’t mean tax is owed
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This was something announced around the time of the budget last year. I’ve got a feeling that they recently either rowed back on the thresholds before having to declare or have been clarifying what the proposed thresholds were because people thought they were lower. …
I’d rather they looked into Man City.
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They will come after you on Ebay too.
Do they have left backs?
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