France in turmoil (again)
Discussion
CrgT16 said:
The government will never allow you to flourish up a certain point. You earn more you pay more so you are not incentivised to work more and become under a certain threshold. There is a convergence of income up to a point where you can break that limit and then become wealthy paying in effect less tax than the lesser man.
Sounds conspiracy theory but look carefully how the tax system works and the really wealthy pay less tax proportionally than everyone else and they will lobby to keep it that way.
100% this Rishi legally paid 22% tax. I similar income to Starmer pay closer to 50%Sounds conspiracy theory but look carefully how the tax system works and the really wealthy pay less tax proportionally than everyone else and they will lobby to keep it that way.
Gecko1978 said:
Earthdweller said:
King Charles’ state visit to France next week is …. Postponed
Cos it appears most of France is on fire....why are we so meek in the UKThey can't afford to do it the way they do it. After the fires have died down and we've all tidied-up, that'll still be the case.
Whoever follows Macron can thank him for being the one to rip the plaster off.
Gecko1978 said:
CrgT16 said:
The government will never allow you to flourish up a certain point. You earn more you pay more so you are not incentivised to work more and become under a certain threshold. There is a convergence of income up to a point where you can break that limit and then become wealthy paying in effect less tax than the lesser man.
Sounds conspiracy theory but look carefully how the tax system works and the really wealthy pay less tax proportionally than everyone else and they will lobby to keep it that way.
100% this Rishi legally paid 22% tax. I similar income to Starmer pay closer to 50%Sounds conspiracy theory but look carefully how the tax system works and the really wealthy pay less tax proportionally than everyone else and they will lobby to keep it that way.
nickfrog said:
croyde said:
Out of interest, being that the UK state pension is £10k, what is the French one?
It depends but as a rule of thumb it is at least 50% of the average of your salary for your best 25 years, inflation corrected.Edit: but there is also a minimum of around £9,700 irrespective of whether you have worked or not if you're 65 or over.
Edited by nickfrog on Friday 24th March 10:07
Using that, my state pension would be nearly 3x what it actually will be.
loafer123 said:
Gecko1978 said:
CrgT16 said:
The government will never allow you to flourish up a certain point. You earn more you pay more so you are not incentivised to work more and become under a certain threshold. There is a convergence of income up to a point where you can break that limit and then become wealthy paying in effect less tax than the lesser man.
Sounds conspiracy theory but look carefully how the tax system works and the really wealthy pay less tax proportionally than everyone else and they will lobby to keep it that way.
100% this Rishi legally paid 22% tax. I similar income to Starmer pay closer to 50%Sounds conspiracy theory but look carefully how the tax system works and the really wealthy pay less tax proportionally than everyone else and they will lobby to keep it that way.
Gecko1978 said:
No he paid CGT which is lower his PAYE is same as mine an yours, as u have just noted double tax so he would not have paid tax in the US he paid it all in the UK
I meant Sunak…looking at the Grauniad is appears he paid another $51,650 in tax over there, so still a relatively low tax rate overall.Carl_Manchester said:
It's brilliant and it might get Macron the sack. Its all over the media, 90-100k euro White Gold Patek watch Macron was wearing I believe.
The English translation of the conversation is that he was talking about sacrifices that the French people need to make.
Nothing odd there. Always someone super rich telling the proles to tighten their belts.The English translation of the conversation is that he was talking about sacrifices that the French people need to make.
Bet our lot didn't work a full day only to come home to a freezing flat and just sit and watch telly in winter walking clothes, gloves and hat.
s! the lot of 'em.
Although the argument over there is about a very generous pension that's just no longer affordable, you have to admire the fact that they hit the streets to show their displeasure.
Stuff has happened here in the past 3 years which should have had us on the streets, but we just write to forums, MPs and sign petitions. Gets us nowhere.
We seem to be a cowed populace these days
Carl_Manchester said:
It's brilliant and it might get Macron the sack. Its all over the media, 90-100k euro White Gold Patek watch Macron was wearing I believe.
The English translation of the conversation is that he was talking about sacrifices that the French people need to make.
Crazy move from him he actually drew attention to it by taking it off...difficult to see what the watch was from that angle but this white gold blue dial and strap Aquanaut would fit the bill @ £40k The English translation of the conversation is that he was talking about sacrifices that the French people need to make.
https://www.patek.com/en/collection/aquanaut/5168G...
TBF I would expect him to wear such a watch and he needs to just own it, what he did was pathetic.
croyde said:
Carl_Manchester said:
It's brilliant and it might get Macron the sack. Its all over the media, 90-100k euro White Gold Patek watch Macron was wearing I believe.
The English translation of the conversation is that he was talking about sacrifices that the French people need to make.
Nothing odd there. Always someone super rich telling the proles to tighten their belts.The English translation of the conversation is that he was talking about sacrifices that the French people need to make.
Bet our lot didn't work a full day only to come home to a freezing flat and just sit and watch telly in winter walking clothes, gloves and hat.
s! the lot of 'em.
Although the argument over there is about a very generous pension that's just no longer affordable, you have to admire the fact that they hit the streets to show their displeasure.
Stuff has happened here in the past 3 years which should have had us on the streets, but we just write to forums, MPs and sign petitions. Gets us nowhere.
We seem to be a cowed populace these days
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