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Capitalism truly has created an unstoppable monster 07:24 - Nov 3 with 18060 viewsmonytowbray

https://www.theguardian.com/news/2019/nov/02/super-rich-leave-uk-labour-election

It’s disgusting and I hope people wake up to the fact these people have been pulling the strings of the government and press all along.

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Capitalism truly has created an unstoppable monster on 19:48 - Nov 3 with 3138 viewstractorboy1978

Capitalism truly has created an unstoppable monster on 19:35 - Nov 3 by hampstead_blue

Ok so I have misunderstood you.
Please accept my doof of the cap.

If I understand you, those who dodge should be shown the door. I agree with that.

If we can tighten-up governance then a lot of problems could be avoided.
That's both corporate and personal btw.

Sorry for the misunderstanding.


The problem is avoidance isn't illegal, only evasion.
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Capitalism truly has created an unstoppable monster on 20:10 - Nov 3 with 3124 viewsGunnsAirkick

Capitalism truly has created an unstoppable monster on 08:09 - Nov 3 by StokieBlue

See this really isn't helpful either.

There should be proper debates on policies and ideas, not nonsense soundbites based on political allegiance.

You need to try harder.

SB


I partly agree with callis in that there is a real move towards race to the bottom capitalism and it is only getting worse.

Unfortunately I don't see an alternative to capitalism because of human nature, but the mixed mode Nordic system seems to fare pretty well.

The Nordic system isn't far off what Corbyn is wanting to implement, is it really that radical?

Of course people will say he's a communist though.
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Capitalism truly has created an unstoppable monster on 22:12 - Nov 3 with 3073 viewsmrshallisfit

Capitalism truly has created an unstoppable monster on 13:31 - Nov 3 by Darth_Koont

Still waiting ...


I think you may be waiting a long long time. He doesn't have the intellectual heft.
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Capitalism truly has created an unstoppable monster on 22:31 - Nov 3 with 3066 viewsjjblue84

Capitalism truly has created an unstoppable monster on 13:27 - Nov 3 by tractordownsouth

Venezuela's problems were caused by a lack of export diversity and an over reliance on a commodity ( oil) with fluctuating prices. 80% of their exports were oil, and they made the mistake of not spending the profits they made on other industries, which would have left them less vulnerable to external shocks... Plus their corporate tax rate is 34%, which is much higher than Labour's proposal....

I can bet you none of that is going to be in Labour's manifesto...


So many words for ‘corrupt socialist government’...why beat around the bush??
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Capitalism truly has created an unstoppable monster on 23:36 - Nov 3 with 3050 viewstractordownsouth

Capitalism truly has created an unstoppable monster on 22:31 - Nov 3 by jjblue84

So many words for ‘corrupt socialist government’...why beat around the bush??


Yeah the Venezuelan government is corrupt...but last time I looked, none of them are standing in the election for the UK Labour party...

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Capitalism truly has created an unstoppable monster on 23:39 - Nov 3 with 3050 viewsjaykay

Capitalism truly has created an unstoppable monster on 17:10 - Nov 3 by hampstead_blue

Their lives are good in the UK, hence their staying.

I think if JC get's in then it will change for the worse (for all of us) and they will go.


yeah i remember paul daniels jim davidson threatening to leave years ago ,when labour got into power. the country went down the pan after they left.

forensic experts say footers and spruces fingerprints were not found at the scene after the weekends rows

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Capitalism truly has created an unstoppable monster on 02:25 - Nov 4 with 3016 viewsSpruceMoose

Capitalism truly has created an unstoppable monster on 23:39 - Nov 3 by jaykay

yeah i remember paul daniels jim davidson threatening to leave years ago ,when labour got into power. the country went down the pan after they left.


I'm sure the country would have really mourned the leaving of Jim Davidson...

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Capitalism truly has created an unstoppable monster on 04:31 - Nov 4 with 2995 viewstextbackup

Capitalism truly has created an unstoppable monster on 02:25 - Nov 4 by SpruceMoose

I'm sure the country would have really mourned the leaving of Jim Davidson...


theres millions of people i'd rather see leave the country before him, and I dont even think he's funny.

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Capitalism truly has created an unstoppable monster on 07:07 - Nov 4 with 2955 viewsvilanovablue

Capitalism truly has created an unstoppable monster on 07:49 - Nov 3 by Jon_456

Isn’t that evidence that labour would be disastrous for the country?

I understand Labours ideas are probably good in principle but they won’t work. As the article states businesses and millionaires/billionaires will simply leave the country, leaving the government with less money to tax and an increase in unemployment as businesses will look to make back their losses for those that stay.

40% of something is a lot better than 100% of nothing.


If they were actually paying their 40% rather than using expensive accountants we'd probably be in a better place but here we are.
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Capitalism truly has created an unstoppable monster on 07:15 - Nov 4 with 2946 viewsjjblue84

Good news for anti-capitalists, Labour are going to remove *all traces* of that nasty privatisation from the NHS:

https://amp.theguardian.com/politics/2019/nov/03/labour-promises-remove-privatis

We looo forward to the new British computer industry and the NHS growing their own potatoes!!
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Capitalism truly has created an unstoppable monster on 07:23 - Nov 4 with 2937 viewsBloomBlue

Capitalism truly has created an unstoppable monster on 07:15 - Nov 4 by jjblue84

Good news for anti-capitalists, Labour are going to remove *all traces* of that nasty privatisation from the NHS:

https://amp.theguardian.com/politics/2019/nov/03/labour-promises-remove-privatis

We looo forward to the new British computer industry and the NHS growing their own potatoes!!


Classic, without businesses we dont have a NHS its businesses which created the jobs which results in taxes which funds the NHS.
Labour keeps attacking businesses, not good
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Capitalism truly has created an unstoppable monster on 08:00 - Nov 4 with 2917 viewsNewcyBlue

Capitalism truly has created an unstoppable monster on 07:23 - Nov 4 by BloomBlue

Classic, without businesses we dont have a NHS its businesses which created the jobs which results in taxes which funds the NHS.
Labour keeps attacking businesses, not good


You moron.

Without people we don’t have the NHS.

Without immigrants we don’t have the NHS.

Without Indians, Filipinos, Nigerians, Europeans, we don’t have the NHS.

Without the likes of Badgers and my Mrs (who is mixed race) we don’t have the NHS.

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(No subject) (n/t) on 08:01 - Nov 4 with 2917 viewsNewcyBlue

Capitalism truly has created an unstoppable monster on 07:23 - Nov 4 by BloomBlue

Classic, without businesses we dont have a NHS its businesses which created the jobs which results in taxes which funds the NHS.
Labour keeps attacking businesses, not good



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Capitalism truly has created an unstoppable monster on 09:09 - Nov 4 with 2873 viewsSwansea_Blue

Capitalism truly has created an unstoppable monster on 07:23 - Nov 4 by BloomBlue

Classic, without businesses we dont have a NHS its businesses which created the jobs which results in taxes which funds the NHS.
Labour keeps attacking businesses, not good


Er, "which results in taxes". Precisely what the point of the thread wa about. So you would agree with Corbyn that businesses and individuals should pay their fair share and not use various loopholes to deprive the public purse what it's owed.
[Post edited 4 Nov 2019 9:24]

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Capitalism truly has created an unstoppable monster on 09:19 - Nov 4 with 2870 viewsBanksterDebtSlave

Or.....did unstoppable monsters create capitalism?

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Capitalism truly has created an unstoppable monster on 09:31 - Nov 4 with 2853 viewsDarth_Koont

Capitalism truly has created an unstoppable monster on 09:19 - Nov 4 by BanksterDebtSlave

Or.....did unstoppable monsters create capitalism?


There's nothing wrong with capitalism. It just takes some regulation and commitment to reinvest in society to make it work as it should for people.

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Capitalism truly has created an unstoppable monster on 09:36 - Nov 4 with 2844 viewsBloomBlue

Capitalism truly has created an unstoppable monster on 09:09 - Nov 4 by Swansea_Blue

Er, "which results in taxes". Precisely what the point of the thread wa about. So you would agree with Corbyn that businesses and individuals should pay their fair share and not use various loopholes to deprive the public purse what it's owed.
[Post edited 4 Nov 2019 9:24]


But people are paying, we wouldn't have a NHS if people weren't paying. All Labour is doing is attacking businesses, once they leave then you have nothing Labour is biting off the hand which feeds it.

The vast majority of people in this country are on PAYE yes there with be some people at the top because of how they are paid with share options who dont pay paye on those, same as people who setup 2 person LTD companies to operate as a contractor.

Labour is trying to paint all Companies as Amazon's but they aren't all Amazon's and as I've said before if people really wanted to change how companies like Amazon, Google, Netflix operate they should stop buying stuff from them.

It politics of the jealous, what Labour and others should be looking at is why a Countty like the US can create entrepreneurs which build companies like Amazon and the UK is failing to do the same? Why is it in the UK as soon as someone achieves success with a company employing 100s, 1000s of people the UK public attack them rather than celebrate for creating jobs.
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Capitalism truly has created an unstoppable monster on 09:41 - Nov 4 with 2831 viewsSwansea_Blue

Capitalism truly has created an unstoppable monster on 09:36 - Nov 4 by BloomBlue

But people are paying, we wouldn't have a NHS if people weren't paying. All Labour is doing is attacking businesses, once they leave then you have nothing Labour is biting off the hand which feeds it.

The vast majority of people in this country are on PAYE yes there with be some people at the top because of how they are paid with share options who dont pay paye on those, same as people who setup 2 person LTD companies to operate as a contractor.

Labour is trying to paint all Companies as Amazon's but they aren't all Amazon's and as I've said before if people really wanted to change how companies like Amazon, Google, Netflix operate they should stop buying stuff from them.

It politics of the jealous, what Labour and others should be looking at is why a Countty like the US can create entrepreneurs which build companies like Amazon and the UK is failing to do the same? Why is it in the UK as soon as someone achieves success with a company employing 100s, 1000s of people the UK public attack them rather than celebrate for creating jobs.


Yes, most people are. But there are also people who don't pay their way - those are the people being targeted, not all business.

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Capitalism truly has created an unstoppable monster on 09:49 - Nov 4 with 2814 viewsDanTheMan

Capitalism truly has created an unstoppable monster on 09:36 - Nov 4 by BloomBlue

But people are paying, we wouldn't have a NHS if people weren't paying. All Labour is doing is attacking businesses, once they leave then you have nothing Labour is biting off the hand which feeds it.

The vast majority of people in this country are on PAYE yes there with be some people at the top because of how they are paid with share options who dont pay paye on those, same as people who setup 2 person LTD companies to operate as a contractor.

Labour is trying to paint all Companies as Amazon's but they aren't all Amazon's and as I've said before if people really wanted to change how companies like Amazon, Google, Netflix operate they should stop buying stuff from them.

It politics of the jealous, what Labour and others should be looking at is why a Countty like the US can create entrepreneurs which build companies like Amazon and the UK is failing to do the same? Why is it in the UK as soon as someone achieves success with a company employing 100s, 1000s of people the UK public attack them rather than celebrate for creating jobs.


What's easier, changing human nature or changing tax law so that it's up to date with modern business practices?

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Capitalism truly has created an unstoppable monster on 10:35 - Nov 4 with 2756 viewsWarkTheWarkITFC

The hypocrisy seems to be massively unreported.

There are rich and famous people who repeatedly mouth off about Johnny Foreigner coming over here (I would hazard these people move for a better life rather than a worse one) whilst claiming that they will now leave the UK if Labour get in.

Isn't it funny how these millionaires seem to think it's okay for them to move overseas just to protect their wealth, but heaven forbid someone from overseas wanting to move here to give their children an education, support their family or avoid war, poverty or famine.

W*nkers.
[Post edited 4 Nov 2019 10:39]

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Capitalism truly has created an unstoppable monster on 10:55 - Nov 4 with 2733 viewsblueislander

Capitalism truly has created an unstoppable monster on 09:49 - Nov 4 by DanTheMan

What's easier, changing human nature or changing tax law so that it's up to date with modern business practices?


Exactly . Tax avoidance can be attacked by legislation, but this requires the cooperation of many countries. To say that taxes should be the same in every country sounds like the answer , but it isn't because different countries have many and varied needs for the income they receive from taxes. Economies are in different stages of development so that won't work. However the most blatant of assistance of tax avoidance ,for example the legislation in Luxembourg that is used by the likes of Starbucks can and should be curtailed.
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Capitalism truly has created an unstoppable monster on 10:58 - Nov 4 with 2730 viewslegally_blue

Capitalism truly has created an unstoppable monster on 19:48 - Nov 3 by tractorboy1978

The problem is avoidance isn't illegal, only evasion.


It isn't illegal and, to be honest, isn't a game changing issue. The main problem is (and always has been) small businesses not paying tax. If anyone is interested in actually learning about this (rather than relying on disingenuous sound bites from politicians), I would recommend the HMRC report: https://assets.publishing.service.gov.uk/government/uploads/system/uploads/attac

Obviously less convenient for Labour et al if they have to go after the 'people' rather than 'big bad business'
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Capitalism truly has created an unstoppable monster on 11:19 - Nov 4 with 2716 viewsmonytowbray

Capitalism truly has created an unstoppable monster on 10:58 - Nov 4 by legally_blue

It isn't illegal and, to be honest, isn't a game changing issue. The main problem is (and always has been) small businesses not paying tax. If anyone is interested in actually learning about this (rather than relying on disingenuous sound bites from politicians), I would recommend the HMRC report: https://assets.publishing.service.gov.uk/government/uploads/system/uploads/attac

Obviously less convenient for Labour et al if they have to go after the 'people' rather than 'big bad business'


SMBs f*cking up their tax returns and large corporations avoiding corporation tax are quite different though. And that's before considering the individuals in these companies who are giving themselves large pay packets and shifting money off shore.

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Capitalism truly has created an unstoppable monster on 11:27 - Nov 4 with 2704 viewslegally_blue

Capitalism truly has created an unstoppable monster on 11:19 - Nov 4 by monytowbray

SMBs f*cking up their tax returns and large corporations avoiding corporation tax are quite different though. And that's before considering the individuals in these companies who are giving themselves large pay packets and shifting money off shore.


£14bn is a massive amount to simply dismiss. Agreed that a lot of this is down to the laws being complex, but this is something government should address. As a simple numbers game, it makes financial sense to sort out the small business tax gap, rather than going after legal tax avoidance.

The "shifting money offshore" line that gets banded about is total nonsense. If you are based in the UK, it's legally impossible to shift money offshore without incurring tax liabilities, other than through legal tax structures (which would be caught by the 'tax avoidance' point in the report).

I'm not arguing the morals of whether these people should pay more tax (I think they should), but if there is a gap, it's for the government to fix it. I don't pay more tax than i am legally required to. I'm sure you don't either. Why do think someone else should just because they earn a lot more than we do?
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Capitalism truly has created an unstoppable monster on 11:39 - Nov 4 with 2690 viewsjjblue84

Capitalism truly has created an unstoppable monster on 07:23 - Nov 4 by BloomBlue

Classic, without businesses we dont have a NHS its businesses which created the jobs which results in taxes which funds the NHS.
Labour keeps attacking businesses, not good


It’s because they want state control, a la communism! It finally died in 1991 chaps, well after generations of failure and the rest!
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