| Another £330 million per annum slips out of the Coffers. on 16:37 - Sep 9 with 1008 views | OldFart71 |
Yes this guy must have one helluva pay packet but with Britain in the quagmire that we are in we cannot keep losing people of this caliber. Paying these amounts of taxes.
It would take one heck of a lot of people earning £30-£40,000 a year to pay that amount of tax.
No I don't believe these people should leave Britain. When you have wealth running into billions what's a few million here and there.
But I am afraid that is what these people do. You and I have no say in what we pay in taxes as they are PAYE wages or pensions. We cannot just up sticks and move our family.
You either have a government policy that entices these people to stay or you have one which we currently have where this government wants to even everything up whether you work or not. But continue as we are and we will be in bigger trouble than we already are. |  | |  |
| Another £330 million per annum slips out of the Coffers. on 07:21 - Sep 10 with 808 views | TownieRob |
| Another £330 million per annum slips out of the Coffers. on 15:33 - Sep 9 by Billywitch |
Jealousy
People hate to see others have done well for themselves. They opt to use words like greed. Because I'm sure everyone on here in his position would sit in the UK being fleeced for more and more tax, when he could move to warmer climates, surrounded by better people, and enjoy his later years of life. |
Oh, I agree fully Billywitch.
Those calling it out, however much they wouldn't want to admit it, are jealous or if I'm being softer about it, envious. I've seen words like 'scum' being thrown at this guy, this does surpise me as that kind of language is usually saved for the 'racists and fascists' on here, not someone who's paid a fortune in tax for years.
In my opinion those calling it out are in a position where this dilemma could never actually apply to them. Shoe on the other foot, it'd be 'see ya later' or whatever the Greek version of that is. That said, maybe they just want to look like a 'good person' saying the right things. Either way, they're lying to themselves. | | | |
| Another £330 million per annum slips out of the Coffers. on 07:49 - Sep 10 with 785 views | Benters |
| Another £330 million per annum slips out of the Coffers. on 15:33 - Sep 9 by Billywitch |
Jealousy
People hate to see others have done well for themselves. They opt to use words like greed. Because I'm sure everyone on here in his position would sit in the UK being fleeced for more and more tax, when he could move to warmer climates, surrounded by better people, and enjoy his later years of life. |
This. |  |
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| Another £330 million per annum slips out of the Coffers. on 11:28 - Sep 10 with 720 views | WeWereZombies |
There are ways of preventing rich people leaving:
https://www.bbc.co.uk/news/art
'In February 2025, a civil court ruled that Kevin Booth recruited women from the UK and abroad and submitted them to violent beatings at his home in a remote area of Caithness.
He was given a ban preventing him from travelling outside the UK for five years after Police Scotland raised the civil action against him. It was the first worldwide travel ban to be imposed by a Scottish court.' |  |
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| Another £330 million per annum slips out of the Coffers. on 11:38 - Sep 10 with 711 views | TractorWood |
Rokos gave £190m to Cambridge University so I think some of the scathing comments are a bit harsh.
Also, he's made his money on the markets so could have done this from any jurisdiction on earth and hasn't exploited British infrastructure and staff etc like Amazon et al.
I do think it's fair to say this is relatively serious loss and Britiain does need to ensure there is logic to keep entrepreneurs here in an equitable way. Both Labour and the Tories have bred an environment that draws hugely from those who contribute and spends poorly. HS2, PPE debacle etc. [Post edited 10 Sep 11:46]
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| Another £330 million per annum slips out of the Coffers. on 12:35 - Sep 10 with 666 views | You_Bloo_Right |
| Another £330 million per annum slips out of the Coffers. on 11:38 - Sep 10 by TractorWood |
Rokos gave £190m to Cambridge University so I think some of the scathing comments are a bit harsh.
Also, he's made his money on the markets so could have done this from any jurisdiction on earth and hasn't exploited British infrastructure and staff etc like Amazon et al.
I do think it's fair to say this is relatively serious loss and Britiain does need to ensure there is logic to keep entrepreneurs here in an equitable way. Both Labour and the Tories have bred an environment that draws hugely from those who contribute and spends poorly. HS2, PPE debacle etc. [Post edited 10 Sep 11:46]
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As with all these matters and how they impact wealthy individuals, corporations and the hoi polloi like me, an amount of certainty seems to be key. Not that everything stays the same forever but that any changes are structured, planned and comprehensive.
Successive governments of both flavours seem to favour narrow, fragmented changes ("tinkering at the edges" as some may have it) almost certainly, in my view, due to our electoral system and the "need" to see a return in 3-4 years max in order to attempt to ensure re-election. |  |
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| Another £330 million per annum slips out of the Coffers. on 12:55 - Sep 10 with 644 views | MattinLondon |
| Another £330 million per annum slips out of the Coffers. on 07:21 - Sep 10 by TownieRob |
Oh, I agree fully Billywitch.
Those calling it out, however much they wouldn't want to admit it, are jealous or if I'm being softer about it, envious. I've seen words like 'scum' being thrown at this guy, this does surpise me as that kind of language is usually saved for the 'racists and fascists' on here, not someone who's paid a fortune in tax for years.
In my opinion those calling it out are in a position where this dilemma could never actually apply to them. Shoe on the other foot, it'd be 'see ya later' or whatever the Greek version of that is. That said, maybe they just want to look like a 'good person' saying the right things. Either way, they're lying to themselves. |
I think you’re projecting your own set of values upon other people.
Not every super wealthy person has left the UK in order to pay less tax - some believe that as this country enabled them to generate huge wealth then it’s only right that the country benefits as a whole. I know that JK Rowling isn’t every persons cup of tea but she has refused to leave the country as she has stated that without the welfare system, she would have no wealth at all.
In terms of wealth and envy - if someone has done incredibly well for themselves then well done to them. I’m far too lazy to become super wealthy and I lack the business acumen as well.
If people want to leave then that is down to them - if they leave to pay less tax then that’s down to them. And if they simply want a simpler life, live in the sun and take their money with them then again, that’s down to them.
But it does grate on me if tax exiles slag off the country from afar, that doesn’t seat well on me. Actually it also grates on me when people who’ve moved to Australia etc bangs on about how awful the UK is. |  | | |
| Another £330 million per annum slips out of the Coffers. on 13:21 - Sep 10 with 606 views | balcombeblue |
| Another £330 million per annum slips out of the Coffers. on 10:59 - Sep 9 by m14_blue |
I can only think that people (understandably) have no real concept of what a billionaire actually is. We think of millionaires and billionaires as being a homogenous group of 'rich people' but they're not in the same stratosphere. The best explanation of the difference is that if a pound was worth a second then 1 million seconds equals about 11 days, while 1 billion seconds equals over 31 years.
The only 'insane' thing is that anyone could possibly have that much money and still arrange their entire life around trying to get a little bit more, at the expense of the society they've been living in.
It's pathetic.
And then someone with a miniscule percentage of their wealth defends them because they've reached 'breaking point'. Rupert Murdoch really has won.
(no real idea about this particular individual's circumstances but the principle stands). |
Are they really defending them? Other than sticking to the principle that privately earned wealth within the law is something to be celebrated and being an economic libertarian then good for him.
I find these debates some of the more interesting in defining right thinking v left thinking. The autonomy of the individual to make choices against the collective.
Whether he has reached 'breaking point' or not is his business. |  | | |
| Another £330 million per annum slips out of the Coffers. on 13:21 - Sep 10 with 608 views | bartyg |
| Another £330 million per annum slips out of the Coffers. on 10:49 - Sep 9 by TownieRob |
Absolutely in alignment.
It boils me up when I hear people saying about the self made, he has enough money or why does he need all that?
It seems that the days of work hard to give yourself the best chance of being successful are gone. It is almost frowned upon to be successful now.
Strange world we live in. |
There's minimal amount of "hard work" in reaching a level of wealth we're talking about here. He has built up his wealth thanks to the support of the system, and the thousands of people giving up their labour to enrich him.
I think there's a fundamental difference between how you and I view society- you mention it as a value proposition, but I can't imagine ever deciding that I'm not getting enough personal benefit from the system, let alone of course having the privilege to be able to abstain as I am but a worker. [Post edited 10 Sep 13:25]
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| Another £330 million per annum slips out of the Coffers. on 13:26 - Sep 10 with 589 views | Libero |
Good riddance. |  | | |
| Another £330 million per annum slips out of the Coffers. on 13:49 - Sep 10 with 545 views | TownieRob |
| Another £330 million per annum slips out of the Coffers. on 12:55 - Sep 10 by MattinLondon |
I think you’re projecting your own set of values upon other people.
Not every super wealthy person has left the UK in order to pay less tax - some believe that as this country enabled them to generate huge wealth then it’s only right that the country benefits as a whole. I know that JK Rowling isn’t every persons cup of tea but she has refused to leave the country as she has stated that without the welfare system, she would have no wealth at all.
In terms of wealth and envy - if someone has done incredibly well for themselves then well done to them. I’m far too lazy to become super wealthy and I lack the business acumen as well.
If people want to leave then that is down to them - if they leave to pay less tax then that’s down to them. And if they simply want a simpler life, live in the sun and take their money with them then again, that’s down to them.
But it does grate on me if tax exiles slag off the country from afar, that doesn’t seat well on me. Actually it also grates on me when people who’ve moved to Australia etc bangs on about how awful the UK is. |
Perhaps I've been misunderstood. I celebrate success. If someone builds that kind of wealth, which means paying huge amounts of tax along with it, my reaction is well done, not resentment.
If he no longer feels he's getting value for that tax, that's his call to make and it wouldn't change my opinion of him one bit. There's an insane amount of public money being wasted out there. Why would anyone want to watch that happen to money they've earned?
Throw into the mix he may just want to take his money somewhere warmer, safer and a lot more enjoyable to actually live in. [Post edited 10 Sep 14:00]
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| Another £330 million per annum slips out of the Coffers. on 13:59 - Sep 10 with 523 views | TownieRob |
| Another £330 million per annum slips out of the Coffers. on 13:21 - Sep 10 by bartyg |
There's minimal amount of "hard work" in reaching a level of wealth we're talking about here. He has built up his wealth thanks to the support of the system, and the thousands of people giving up their labour to enrich him.
I think there's a fundamental difference between how you and I view society- you mention it as a value proposition, but I can't imagine ever deciding that I'm not getting enough personal benefit from the system, let alone of course having the privilege to be able to abstain as I am but a worker. [Post edited 10 Sep 13:25]
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'Minimal amount of hard work in reach the level of wealth we are talking about here'...really? building a business that employs thousands and keeps growing over years isn't nothing, loads of people try and fail.
'Thousands giving up their labour to enrich him' those people chose to work for him, presumably because it was a better deal than what else was out there. That isn't exploitation, its just employment. By your logic, every employer in the country is enriched by labour and the whole economy is exploitation
Plenty of people, rich or not, hit a point where they feel like they're not getting a fair deal, it doesn't take privilege to feel that, just experience. [Post edited 10 Sep 14:01]
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| Another £330 million per annum slips out of the Coffers. on 14:01 - Sep 10 with 523 views | nrb1985 |
| Another £330 million per annum slips out of the Coffers. on 13:21 - Sep 10 by bartyg |
There's minimal amount of "hard work" in reaching a level of wealth we're talking about here. He has built up his wealth thanks to the support of the system, and the thousands of people giving up their labour to enrich him.
I think there's a fundamental difference between how you and I view society- you mention it as a value proposition, but I can't imagine ever deciding that I'm not getting enough personal benefit from the system, let alone of course having the privilege to be able to abstain as I am but a worker. [Post edited 10 Sep 13:25]
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Minimal hard work?
Please show your workings for the board.
Would also be interested hear about your own experiences of setting up successful hedge funds which makes you well placed to comment on the work involved. | | | |
| Another £330 million per annum slips out of the Coffers. on 14:05 - Sep 10 with 516 views | You_Bloo_Right |
| Another £330 million per annum slips out of the Coffers. on 13:59 - Sep 10 by TownieRob |
'Minimal amount of hard work in reach the level of wealth we are talking about here'...really? building a business that employs thousands and keeps growing over years isn't nothing, loads of people try and fail.
'Thousands giving up their labour to enrich him' those people chose to work for him, presumably because it was a better deal than what else was out there. That isn't exploitation, its just employment. By your logic, every employer in the country is enriched by labour and the whole economy is exploitation
Plenty of people, rich or not, hit a point where they feel like they're not getting a fair deal, it doesn't take privilege to feel that, just experience. [Post edited 10 Sep 14:01]
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Not really related to the wider discussion but "every employer in the country is enriched by labour and the whole economy is exploitation" seems a fair assessment of where we are at in general. | |
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| Another £330 million per annum slips out of the Coffers. on 14:10 - Sep 10 with 494 views | TownieRob |
| Another £330 million per annum slips out of the Coffers. on 14:05 - Sep 10 by You_Bloo_Right |
Not really related to the wider discussion but "every employer in the country is enriched by labour and the whole economy is exploitation" seems a fair assessment of where we are at in general. |
Fair enough, genuine question though, is there any job you'd say isn't exploitative? If not, that's at least consistent, just curious where you draw the line, if anywhere? | | | |
| Another £330 million per annum slips out of the Coffers. on 14:10 - Sep 10 with 500 views | balcombeblue |
| Another £330 million per annum slips out of the Coffers. on 14:01 - Sep 10 by nrb1985 |
Minimal hard work?
Please show your workings for the board.
Would also be interested hear about your own experiences of setting up successful hedge funds which makes you well placed to comment on the work involved. |
It's highly pressured, technical and competitive work. Only a few people have that expertise and devotion to do so.
That's before thinking about the people employed by him and their societal contribution.
But then we need to adopt policies like former Eastern Bloc countries. They were so successful that they used to have to build walls and shoot people to stop them escaping | | | |
| Another £330 million per annum slips out of the Coffers. on 14:25 - Sep 10 with 467 views | You_Bloo_Right |
| Another £330 million per annum slips out of the Coffers. on 14:10 - Sep 10 by TownieRob |
Fair enough, genuine question though, is there any job you'd say isn't exploitative? If not, that's at least consistent, just curious where you draw the line, if anywhere? |
It is a tough question to answer I grant you, particularly in the context of global capitalism.
The concept of worker cooperatives has always appealed and whilst there are successful examples (John Lewis begin the most often UK cited - though in my view that's a "sort of" worker cooperative) many are smaller, often local and/or specialised. | |
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| Another £330 million per annum slips out of the Coffers. on 14:41 - Sep 10 with 443 views | bartyg |
| Another £330 million per annum slips out of the Coffers. on 13:59 - Sep 10 by TownieRob |
'Minimal amount of hard work in reach the level of wealth we are talking about here'...really? building a business that employs thousands and keeps growing over years isn't nothing, loads of people try and fail.
'Thousands giving up their labour to enrich him' those people chose to work for him, presumably because it was a better deal than what else was out there. That isn't exploitation, its just employment. By your logic, every employer in the country is enriched by labour and the whole economy is exploitation
Plenty of people, rich or not, hit a point where they feel like they're not getting a fair deal, it doesn't take privilege to feel that, just experience. [Post edited 10 Sep 14:01]
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"By your logic, every employer in the country is enriched by labour and the whole economy is exploitation"
Ding ding ding! | |
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| Another £330 million per annum slips out of the Coffers. on 14:47 - Sep 10 with 414 views | TownieRob |
| Another £330 million per annum slips out of the Coffers. on 14:25 - Sep 10 by You_Bloo_Right |
It is a tough question to answer I grant you, particularly in the context of global capitalism.
The concept of worker cooperatives has always appealed and whilst there are successful examples (John Lewis begin the most often UK cited - though in my view that's a "sort of" worker cooperative) many are smaller, often local and/or specialised. |
Fair enough, co-ops are a decent model where they work, no argument there. Still think there's a difference between 'not perfect' and 'exploitative' though, I beleive 'most' jobs sit somewhere in between, not everything has to be one or the other.
Anyway good discussion, appreciate you actually engaging with it rather than just throwing insults because we differ in opinions.
Have a good day. | | | |
| Another £330 million per annum slips out of the Coffers. on 14:50 - Sep 10 with 403 views | TownieRob |
| Another £330 million per annum slips out of the Coffers. on 14:41 - Sep 10 by bartyg |
"By your logic, every employer in the country is enriched by labour and the whole economy is exploitation"
Ding ding ding! |
I personally think it's a bit of a stretch to call every job in the country exploitation, but each to their own. I certainly don't feel exploited by my employer. | | | |
| Another £330 million per annum slips out of the Coffers. on 14:56 - Sep 10 with 384 views | J2BLUE |
| Another £330 million per annum slips out of the Coffers. on 14:50 - Sep 10 by TownieRob |
I personally think it's a bit of a stretch to call every job in the country exploitation, but each to their own. I certainly don't feel exploited by my employer. |
I agree with that. A lot of employers are terrible but there are plenty of good ones as well.
I am reasonably content with mine and have previously worked for some absolute shockers. [Post edited 10 Sep 15:18]
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| Another £330 million per annum slips out of the Coffers. on 15:00 - Sep 10 with 377 views | nrb1985 |
| Another £330 million per annum slips out of the Coffers. on 14:10 - Sep 10 by balcombeblue |
It's highly pressured, technical and competitive work. Only a few people have that expertise and devotion to do so.
That's before thinking about the people employed by him and their societal contribution.
But then we need to adopt policies like former Eastern Bloc countries. They were so successful that they used to have to build walls and shoot people to stop them escaping |
He employed hundreds of people, made lots of them rich - who will have in turn paid millions in tax and he also made millions for his clients who would have paid a considerable amount of CGT too.
Without people like Rokos all of us on here and the country as a whole would be considerably worse off.
It's not a question of fairness or Murdoch winning (lolz) - it's a question of maths... [Post edited 10 Sep 15:01]
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| Another £330 million per annum slips out of the Coffers. on 15:17 - Sep 10 with 340 views | TownieRob |
| Another £330 million per annum slips out of the Coffers. on 14:56 - Sep 10 by J2BLUE |
I agree with that. A lot of employers are terrible but there are plenty of good ones as well.
I am reasonably content with mine and have previously worked for some absolute shockers. [Post edited 10 Sep 15:18]
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Yes, likewise. So I know they definitely exist! | | | |
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