Ed Miliband

[edh]

turbobloke said:

Taking things from people, just because they have it and just because you can take it without killing them, that has other names besides taxation. Theft is one. Robbery is another, daylight robbery.

Neither of the above forms a basis for fair taxation.

ooh - you said "fair"....

Massive house price inflation and asset bubbles are "fair"?

[edh]

turbobloke said:

Yes agreed, I was talking about one particular pot, and asking about your source for that pot as a fraction of all pots.

Latest figures

http://budgetresponsibility.org.uk/wordpress/docs/...

last page - 169.7/613.4bn total income - 27.66%. if you exclude "interest and dividends" and "other", it rises to 29.66%

I had in mind ~150/600 total so I was obviously playing fast & loose with the figures...

[gregf40]

edh said:

That's hideous... no-one should have to live in a house like that...

What's wrong with moving taxes off earned income and consumption and onto unearned income and land?

What exactly is 'unearned income'?

Sounds like something made up by socialists to make themselves feel better when they steal from others.

[gregf40]

edh said:

Massive house price inflation and asset bubbles are "fair"?

Yes. Do you not understand how demand and supply works?

[edh]

gregf40 said:

edh said:

Massive house price inflation and asset bubbles are "fair"?

Yes. Do you not understand how demand and supply works?

I'm sure you can explain it though - or maybe not, given your next comment...?

gregf40 said:

What exactly is 'unearned income'?

Sounds like something made up by socialists to make themselves feel better when they steal from others.

...0/10 must try harder

[gregf40]

edh said:

gregf40 said:

edh said:

Massive house price inflation and asset bubbles are "fair"?

Yes. Do you not understand how demand and supply works?

I'm sure you can explain it though - or maybe not, given your next comment...?

gregf40 said:

What exactly is 'unearned income'?

Sounds like something made up by socialists to make themselves feel better when they steal from others.

...0/10 must try harder

I wouldn't have expected anything more from you

[The Hypno-Toad]

BlackLabel said:

The wait is over - two Marxist multi-millionaires discuss helping the common people.

https://www.youtube.com/watch?v=RDZm9_uKtyo

I'll be interested to see what happens to polls in the next couple of days. He might be thinking he'll get the young persons vote but a lot of older Labour voters might well be thinking "Whys he talking to that jumped up tt?"

I get the feeling this could be a catastrophic mistake by Beaker.

[Axionknight]

edh said:

...0/10 must try harder

No, I'm actually interested - what is it?

[edh]

gregf40 said:

I wouldn't have expected anything more from you

Only responding to nonsense with befitting condescension...

"supply and demand" - if only it were that simple.. QE, interest rates, tax, planning, demographic change etc.. all have a part to play in "supply and demand"

What would you call the profit you might make on a house sale?

Why is it better to tax wages?

[gregf40]

edh said:

Only responding to nonsense with befitting condescension...

"supply and demand" - if only it were that simple.. QE, interest rates, tax, planning, demographic change etc.. all have a part to play in "supply and demand"

You're right - all things which a true capitalist would not have in a truly free market. So are you actually a secret capitalist?

[edh]

Axionknight said:

edh said:

...0/10 must try harder

No, I'm actually interested - what is it?

http://lmgtfy.com/?q=what+is+the+definition+of+une...

[edh]

gregf40 said:

edh said:

Only responding to nonsense with befitting condescension...

"supply and demand" - if only it were that simple.. QE, interest rates, tax, planning, demographic change etc.. all have a part to play in "supply and demand"

You're right - all things which a true capitalist would not have in a truly free market. So are you actually a secret capitalist?

..you've lost me now...

[gregf40]

edh said:

What would you call the profit you might make on a house sale?

Why is it better to tax wages?

I never said that. You said we should shift tax from earned income to unearned income.

I am simply arguing that all income is earned (your example is actually a capital gain and nothing to do with income BTW).

I invested all my savings in Amazon in the 90's. I took a calculated risk with my own money and it paid off. I resent someone who says this is 'unearned' - as I believe you are implying.

Edited by gregf40 on Wednesday 29th April 15:39

[edh]

gregf40 said:

edh said:

What would you call the profit you might make on a house sale?

Why is it better to tax wages?

I never said that. You said we should shift tax from earned income to unearned income.

I am simply arguing that all income is earned (your example is actually a capital gain and nothing to do with income BTW).

I invested all my savings in Amazon in the 90's. I took a calculated risk with my own money and it paid off. I resent someone who says this is 'unearned' - as I believe you are implying.

Edited by gregf40 on Wednesday 29th April 15:39

I'm just using a term that is very broadly accepted as having a certain meaning (that link I provided). You can choose your own terms and definitions if you like but it does make things a tad confusing.. I'm not implying anything, although I would like to see the returns from labour start to recover their position wrt returns from capital.

So I think that by definition, investment and savings income is "unearned". It's not a pejorative term necessarily. Do you deserve that income? I don't see why not, and in your case you took a big risk, so would expect to get a big return. But there's also no reason why that income (or capital gain) should get favourable tax treatment over earned income.

[BoRED S2upid]

I've just had a letter from Ed with his contract to me. Nothing in the letter or contract to say what the terms are if he breaks the contract. I might write back and ask.

[Cobnapint]

BlackLabel said:

The wait is over - two Marxist multi-millionaires discuss helping the common people.

https://www.youtube.com/watch?v=RDZm9_uKtyo

Yet neither of them could see the irony...

I watched it though......for about 20 seconds, then my gag reflex took over.

[johnxjsc1985]

Cobnapint said:

Yet neither of them could see the irony...

I watched it though......for about 20 seconds, then my gag reflex took over.

Same here it was either switch off or end up throwing the lap top across the room.
Is this what we have become ?.
I would think the former Labour greats would be turning in their graves.

[Pan Pan Pan]

Cobnapint said:

BlackLabel said:

The wait is over - two Marxist multi-millionaires discuss helping the common people.

https://www.youtube.com/watch?v=RDZm9_uKtyo

Yet neither of them could see the irony...

I watched it though......for about 20 seconds, then my gag reflex took over.

As posted earlier, watching it started to make me feel ill, especially when `Ed' started falling into Estuary English, to commune with his `brother' so I had to turn it off.
Still wonder why Mr Brand gets so angry when he is asked about his millions though.
Does this mean Mr Brand is NOT a worker?

[johnxjsc1985]

Pan Pan Pan said:

As posted earlier, watching it started to make me feel ill, especially when `Ed' started falling into Estuary English, to commune with his `brother' so I had to turn it off.
Still wonder why Mr Brand gets so angry when he is asked about his millions though.
Does this mean Mr Brand is NOT a worker?

As someone has already mentioned two wealthy arrogant Marxists debating how the little people should live.

[P5Nij]

Pan Pan Pan said:

Cobnapint said:

BlackLabel said:

The wait is over - two Marxist multi-millionaires discuss helping the common people.

https://www.youtube.com/watch?v=RDZm9_uKtyo

Yet neither of them could see the irony...

I watched it though......for about 20 seconds, then my gag reflex took over.

As posted earlier, watching it started to make me feel ill, especially when `Ed' started falling into Estuary English, to commune with his `brother' so I had to turn it off.
Still wonder why Mr Brand gets so angry when he is asked about his millions though.
Does this mean Mr Brand is NOT a worker?

Caught a clip of it on the local news, my other half said she could see the despair rising in me visibly. Someone in the boy Miliband's camp must be having a good old wheeze at his sad attempts at getting down with the kids. Afterwards when interviewed, some floppy haired youthful types said (with the obligatory upwards inflection) that they would vote for him on the strength of his performance in this. It was just babble. Jesus bloody wept.

Edit - can one of Ed's followers please enlighten me as how this is supposed to make us all think he's fit to lead this country towards being 'one nation', to prosperity and fairness for all (except the rich, obviously), to balancing the books, and maybe the odd war or two on our behalf...?

Edited by P5Nij on Wednesday 29th April 19:45

Edited by P5Nij on Wednesday 29th April 19:46

Edited by P5Nij on Wednesday 29th April 19:47