Sir Phillip Green vs the Guardian

[Chrisgr31]

elster said:

He has paid more tax than you, so don't you think he should get more for his money.

Has he though? The companies etc are all held in his wifes name and she lives in Monaco. I'd guess he pays lass tax than the average person in the UK.

However at the same time he did of course rescue BHS.

[elster]

Chrisgr31 said:

elster said:

He has paid more tax than you, so don't you think he should get more for his money.

Has he though? The companies etc are all held in his wifes name and she lives in Monaco. I'd guess he pays lass tax than the average person in the UK.

However at the same time he did of course rescue BHS.

I suppose your right. He does after all only earn peanuts. Technically he is poor.

His wife however pays a fk load. Which is his kind of his money.

[audidoody]

zakelwe said:

He's another Fred Goodwin. He avoids paying taxes by living in Monaco so that he can throw lavish parties like Louis IV of France.

Personally I wouldn't piss on him if he was on fire. First up against the wall when the revolution comes....

Regards

Andy

If you're going to play the outraged socialist at least try get your facts straight and understand who your targets are.

Green is nothing like Goodwin.

Goodwin was an employee of a publicly-listed bank who lived high on the hog at the shareholders' expense, issued a hooky prospectus to raise capital when he knew the ship was holed below the waterline, and presided over the biggest corporate loss in UK business history.

Green is a self-made man who runs a private company that has not needed bailing out by the taxpayer. Good luck to him.

You were saying?

Edited by audidoody on Saturday 4th April 22:19

[paul0843]

by making bhs and all the other companies a success,he must collect lots for the revenue in vat ,by employing tousands,they again pay tax,nic to the revenue....so maybe he pays no council tax(what? £2-3k a year),but the retail outlets pay rates(which must be astronomical)... but lets face it,the guys a winner.... and what do we like to do with winners....knock them down offcourse....

[Chrisgr31]

elster said:

Chrisgr31 said:

elster said:

He has paid more tax than you, so don't you think he should get more for his money.

Has he though? The companies etc are all held in his wifes name and she lives in Monaco. I'd guess he pays lass tax than the average person in the UK.

However at the same time he did of course rescue BHS.

I suppose your right. He does after all only earn peanuts. Technically he is poor.

His wife however pays a fk load. Which is his kind of his money.

Surely she pays even less tax than he does as she is not a UK resident?

[elster]

Read up above.

[Chrisgr31]

paul0843 said:

by making bhs and all the other companies a success,he must collect lots for the revenue in vat ,by employing tousands,they again pay tax,nic to the revenue....so maybe he pays no council tax(what? £2-3k a year),but the retail outlets pay rates(which must be astronomical)... but lets face it,the guys a winner.... and what do we like to do with winners....knock them down offcourse....

I wouldn't dispute the fact he has done well, although it would be interesting to know where the money came from initially to buy BHS etc.

At the end of the day it is likely that all the shops he occupies would have been occupied by someone who would have been paying VAT, employing people etc.

The issue to an extent is that the very rich can significantly reduce thier taxes with the result they often pay less than the average person. What this means in reality is that the rest of us are paying more tax than we need to.

Dare I suggest it is one reason why a flat rate tax would be better. As it would make it less viable to invest in tax avoidance schemes.

As I say none of this is to deny the fact that Philip Green has done well with retailing in the UK.

[10 Pence Short]

For f*cks sake. What is it with this country and envy?

Look Crusties- stop being 35 year old f*cking 'activists' and get proper jobs, a shower and become contributors to society instead of oxygen thieves.

[AlexKP]

escargot said:

Personally I think it's a good thing that people stick one to the media (especially the guardian) at times like this.

Edited by escargot on Saturday 4th April 18:14

Would you prefer all the media to have a right wing bias? The Guardian is needed to bring some balance to the British media, especially the national newspapers.

[turbobloke]

Anybody living in Switzerland or Monaco to keep their tax burden low is merely exercising freedom of choice available to them. If Gordon Clown and various toytown trots commenting in the Grauniad want even more tax paid, they should think about lowering the rates and upping the thresholds as this has a curious ability to increase the total paid. As found by other countries when their leaders grew up beyond being the monkey not opening its fist to get the nut out the jar. All we need is the nut out of Downing St.

[Wacky Racer]

Putting it simply, forget Sir Phil's personal tax situation, he is just making use of loopholes available to everyone.....How many people does he employ and keep off the dole queue here and worldwide?.......Thousands.......and they all contribute tax into the system......

So overall I would say we are financially better with him than without him......

[Gring]

Chrisgr31 said:

paul0843 said:

by making bhs and all the other companies a success,he must collect lots for the revenue in vat ,by employing tousands,they again pay tax,nic to the revenue....so maybe he pays no council tax(what? £2-3k a year),but the retail outlets pay rates(which must be astronomical)... but lets face it,the guys a winner.... and what do we like to do with winners....knock them down offcourse....

I wouldn't dispute the fact he has done well, although it would be interesting to know where the money came from initially to buy BHS etc.

He used to own one of the cut priced Jeans chains on the high street. Sold that for a mint, and purchased The Arcadia group and BHS for peanuts (£200 mil). He has been in the right place at the right time.
I feel he may be feeling the pinch as he will be merging BHS with Arcadia. My wife worked fairly closely with him, and he isnt the most pleasant of people to work for. He would walk through the offices calling people the C word most days.

[Baby Huey]

zakelwe said:

He's another Fred Goodwin. He avoids paying taxes by living in Monaco so that he can throw lavish parties like Louis IV of France.

Personally I wouldn't piss on him if he was on fire. First up against the wall when the revolution comes....

Regards

Andy

Look mate, this is Pistonheads. You are not allowed to have a negative opinion of anyone with more money than you.

[DWP]

Green has avoided tax in the same way just about everyone in his position has. In the same way we all would given the chance. That said, he's not someone I would like to spend any time with at all. He's a bullying, loud and frankly uncouth slob. A very rich one, but a slob. Good luck to him.

[escargot]

anonymous said:

[redacted]

No. Balance is a good thing. Same with international rugby. As much as I hate the other countries, they're needed to bring balance and interest to a competition. That doesn't make me want to stamp all over their stupid faces any less.

[Deva Link]

TankRizzo said:

http://www.guardian.co.uk/business/2003/mar/04/sup...

I hadn't seen that article before.

It would definitely rate 10/10 as a top rant if written here! Excellent swearing.

[AstonV12]

Deva Link said:

TankRizzo said:

http://www.guardian.co.uk/business/2003/mar/04/sup...

I hadn't seen that article before.

It would definitely rate 10/10 as a top rant if written here! Excellent swearing.

[unrepentant]

Gring said:

Chrisgr31 said:

paul0843 said:

by making bhs and all the other companies a success,he must collect lots for the revenue in vat ,by employing tousands,they again pay tax,nic to the revenue....so maybe he pays no council tax(what? £2-3k a year),but the retail outlets pay rates(which must be astronomical)... but lets face it,the guys a winner.... and what do we like to do with winners....knock them down offcourse....

I wouldn't dispute the fact he has done well, although it would be interesting to know where the money came from initially to buy BHS etc.

He used to own one of the cut priced Jeans chains on the high street. Sold that for a mint, and purchased The Arcadia group and BHS for peanuts (£200 mil). He has been in the right place at the right time.
I feel he may be feeling the pinch as he will be merging BHS with Arcadia. My wife worked fairly closely with him, and he isnt the most pleasant of people to work for. He would walk through the offices calling people the C word most days.

He made his first million buying, turning around and selling the Jeans chain Jean Jeanie and ran the discount chain WEW (what everyone wants - Amber Day) which the city hated, mainly because of his style and the fact that (rather like Mike Ashley whom he admires) he refused to pander to them. He paid £220 million for BHS when it was a basket case and £850 million for Arcadia. His turn around of BHS in particular was spectacular. He also backed Tom (now Sir Tom) Hunter when he looked at taking over Owen & Robinson (Foothold) and then backed Hunters takeover of Olympus that made Hunter the UK's biggest sports retailer until he sold out to JJB.

He certainly has a reputation for straight talking. He reportedly called Nicholas Soames a "Fat Ct in (iirc) the Savoy grill.

[mft]

escargot said:

zakelwe said:

elster said:

Are you a bit jealous?

He has paid more in tax in a year than you will in your lifetime.

Do you think he has a better service for this?

About as much as my wife is jealous of Jade Goody.

I pay a bigger percentage of my earnings than him even though he can afford more. He doesn't even pay council tax.

Your last sentence is just random key presses on the keyboard.

Regards

Andy

100% jealous.

I know that in this case you're being deliberately provocative, but, when a wealthy person is criticised, a better comeback than "you must be jealous" is needed.

It happened ad infinitum in the James Martin / Mille Miglia thread, and it's fking mindless. It is possible to dislike someone successful and wealthy without the motivation being jealousy.

[elster]

mft said:

I know that in this case you're being deliberately provocative, but, when a wealthy person is criticised, a better comeback than "you must be jealous" is needed.

It happened ad infinitum in the James Martin / Mille Miglia thread, and it's fking mindless. It is possible to dislike someone successful and wealthy without the motivation being jealousy.

I never once have said I don't think he is a complete ass!

However having him up the wall first for being successful, employing thousands of people and creating successful businesses is just a stupid comment.

If you had no people like this, where would average joe who works 9-5 and has no inspiration for anything more work?