UK Politics Thread (Part 4)

https://x.com/jamesmelville/status/1880589955736760487/mediaviewer

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Pretty sure I’ve posted all of them over the years. As true today is it was in its day and absolutely based on real events.

That list line from Bernard is priceless. And probably had the censors jumping like grasshoppers.

Related because our recently departed anti-corruption minister is the niece of this PoS:

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Jonathan Pie sucks. He is far more interested in dunking on the caricature of the US left/Dems than on what they actually do. He is part of the information system that results in voters saying ā€œthey are more interested in not appearing racist to do anything about immigrationā€ while the Dem administration is actually enacting the immigration policy the voters say they want. People just dont know about it though because you have one party lie about everything and an information environment filled with right wing message boosters, and self-styled truth tellers like Pie all eager to show how sensible they are by validating those RW messages to kick the Dems in the nuts.

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With GDP figures barely moving since the election, Rachel Reeves is looking at proposals from airport expansion to widespread deregulation in an effort to improve the UK’s economic outlook.

Bravo.

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This feels like such a hammer and nail problem.

Fucks sake….

Being honest, something needs to change. The way the uk delivers infrastructure projects is beyond glacial.

I think we’ll probably find that that’s not what they meant…

Again, the eye-rolling emoji is needed as a reaction here.

What’s the point of keeping the super-wealthy here if they don’t contribute? Unless their departure is a net economic negative, then it’s hardly pragmatic to not end non-dom tax status.

EDIT: That’s an old article @Rambler.

This is a newer one:

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Rock and a hard place. The UK has given these people the majority of its financial resources to the point where the chancellor (any party) is hamstrung with regards to options for getting things moving, reducing the debt burden and so on.

Tax them and they fuck off. Let them stay and try and get them by stealth i guess :man_shrugging:

Part of me wants to hit them hard at least once though.

Oh….umm…hmm…I don’t know…didn’t something happen around 2016? Anyone remember? Something about cutting off market access to thousands (yes. Thousands) of businesses to their biggest (and for some, sole) market? Dropping the pound value from 1.62 to 1.21 overnight? Making it more expensive for us to get fuel? And therefore increase prices of literally EVERYTHING??

Even Truss didn’t manage that steep of a decline.

What was that again?

(Fucking numpties)

Btw one of my undergrad degrees is in economics and I’ve worked in the investment banking/financial spread betting/fintech fields from 2000 to 2021. My grad degree is in finance.

So yes, I know what I’m talking about.

I’m still looking for this country we ā€œgot backā€. Anyone found it yet?

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Sounds like you’re probably way more qualified than Rachel from accounts

Rich people needs to be taxed especially the super rich. Allowing billionaires like Branson to get away with paying zero personal tax just because of his argument that his company, which took bailouts in the billion after getting rightly rejected by the government, employed people and paid taxes. I don’t believe in being vindictive of their wealth, this is an outcome of the capitalist world but they need to pay their dues instead of getting away with it by loopholes.

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Is absolutely right. But the problem is this…

  1. one of the advantages of being exceedingly rich is that you are able to effectively decide how much tax you want to pay (probably none) by exploiting tax loopholes, domicile rules, and hiding your money from the HMRC is overseas tax havens like the Cayman Islands.

  2. another advantage of being exceedingly rich is that you get to own the media, and run news outlets with the specific purpose of bending public opinion away from policies that don’t personally benefit you, and toxify any politician or party that threatens to address the inequality you represents

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https://x.com/ecomarxi/status/1882458953537524215?s=46&t=Tk6buFVfyHeITdfFRWCVMg

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I saw a quote the other day which pointed out that the incredibly wealthy convince ordinary people that the biggest threat to their wellbeing is people on small boats fleeing oppression, whereas most of their problems are caused by people in luxury yachts fleeing tax.

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Can’t remember if I posted this at the time:

Edit: I did.

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This is what i mean about losing your financial resources. Be that through selling off assests, poor privatisation, poor taxation policies, damaging economic policies and even poor governance etc. Basically this money finds its way into the pockets of the rich.

Eventually you find yourself increasing the tax burden further down the ladder to cover increased borrowing and even trying to get stuff moving. This drives poverty up and increases the wealth gap.

This is where we’re at and its been a minimum 14 years in the making.

Certainly happy to hear the thoughts of the economical gurus on here with regards to that.

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A minimum, definitely. There is a big problem with the UK becoming a services based economy, be cause those services are very portable.

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