France in turmoil (again)
Discussion
My maths are fine if you get out of the employee mentality.
People on mid six figures are able to pay less proportion off tax than employees at low six figures.
Companies do it all the time, gross high and pay less tax, gross low and you can’t afford a creative accountant.
Yes employee mentality you have no chance but the more money you make the more likely you are able to explore some form of a
creative accounting.
My neighbour sold his business for almost £100M in the end of the 90’s, still has hands in many pays and pays less tax than me. I think it’s great and no problem with that but he uses complicated off shore accounts, etc to do it. Also his house (estate) is now owned by his company, no doubt in preparation for inheritance tax evasion. I don’t know but what I know is that people with a lot more money pay less tax than people on low or average money. He certainly does not hand half of his income to the tax man!
Just using him as an example as I know a bit about it.
But yes you are just looking at the “wages” that’s cool. Also tax does not mean income tax only… I am not even remotely close to any of this but I can see that they don want people to earn more than 150-200k over 500k you have money to get better advice and effectively make your money go further by minimising your tax liability.
People on mid six figures are able to pay less proportion off tax than employees at low six figures.
Companies do it all the time, gross high and pay less tax, gross low and you can’t afford a creative accountant.
Yes employee mentality you have no chance but the more money you make the more likely you are able to explore some form of a
creative accounting.
My neighbour sold his business for almost £100M in the end of the 90’s, still has hands in many pays and pays less tax than me. I think it’s great and no problem with that but he uses complicated off shore accounts, etc to do it. Also his house (estate) is now owned by his company, no doubt in preparation for inheritance tax evasion. I don’t know but what I know is that people with a lot more money pay less tax than people on low or average money. He certainly does not hand half of his income to the tax man!
Just using him as an example as I know a bit about it.
But yes you are just looking at the “wages” that’s cool. Also tax does not mean income tax only… I am not even remotely close to any of this but I can see that they don want people to earn more than 150-200k over 500k you have money to get better advice and effectively make your money go further by minimising your tax liability.
I remember `68 when the students led the revolution.
Good article here : https://www.nytimes.com/2018/05/05/world/europe/fr...
Good article here : https://www.nytimes.com/2018/05/05/world/europe/fr...
croyde said:
Nothing odd there. Always someone super rich telling the proles to tighten their belts.
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
Not at all, we're British.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
No need to lower our standards........
Wills2 said:
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
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.
Friend in France says it's not a Patek but the same one he had on when he tried to chummy up to Mbappe. A Bell and Ross or something. A good bit cheaper anyway fwiwhttps://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.
Leithen said:
How bad is this in Paris? Was going to be there in 10 days time with the family for a few nights..
My daughter lives there, quite central (Madeleine). She says the bins have been cleared yesterday and life is pretty normal in between protests . She walks to work though now as Metro a bit touch and go. Where are you planning to stay ? Can you walk there from Gare Du Nord (if that's where you land).?
isaldiri said:
Wills2 said:
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
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.
Friend in France says it's not a Patek but the same one he had on when he tried to chummy up to Mbappe. A Bell and Ross or something. A good bit cheaper anyway fwiwhttps://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.
nickfrog said:
My daughter lives there, quite central (Madeleine). She says the bins have been cleared yesterday and life is pretty normal in between protests . She walks to work though now as Metro a bit touch and go.
Where are you planning to stay ? Can you walk there from Gare Du Nord (if that's where you land).?
Staying on Rue de Courcelles. Taxi from Gare Du Nord I suspect. . She walks to work though now as Metro a bit touch and go. Where are you planning to stay ? Can you walk there from Gare Du Nord (if that's where you land).?
Macron said:
Sheepshanks said:
Hugo Stiglitz said:
Just like here, 67 will become 70.
There’s talk of shelving the planned increase in UK from 67 to 68 due to falling life expectancy.
SpeckledJim said:
AIUI the pattern is basically
Lots of disaffection at the status quo
Vote for the 'Change Candidate'
Go berserk when he proposes changing something
Set fire to your pigs
Repeat
Deserves another quote.Lots of disaffection at the status quo
Vote for the 'Change Candidate'
Go berserk when he proposes changing something
Set fire to your pigs
Repeat
True and applicable to many situations in life; for example:
a) Folks who demand new house-building by the Government to help local first time buyers, to give priority to local families priced out of the market, provide more housing options etc
b) The same folks above who kick off when the new houses are planned near their own locality.
We need this stuff, as long as it's not in my back yard and I don't have to look at it!!
Little Britain at its finest
LHRFlightman said:
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
85Carrera said:
Ridiculous comment. Average Joe has been busy PCPing cars he can’t afford to impress his neighbours, hasn’t saved or invested a penny and has bought everything on tick in a time of historically low interest rates because he thought they would last forever and now bleats because the state isn’t going to bale him out because they’ve gone up.
Funny you typed that...Had a conversation with a new neighbour today who moved in last week.
His opening line was "is that your car?".
Was looking at my Audi estate, 12 years old but in OK condition.
I said yes.
Bear in mind this was the first time we met, he then asked me to come and look at his car (A7) and his wife's car (Evoque).
Both brand-new, lovely things and I made the usual appreciative noises after nosing round.
After that, this dick I've only known for 10mins asked why my me & my wife don't get new cars too.
Said I couldn't afford it, & he told me his A7 was £680/month and his wife's RR £750/month.
Mental - almost £1,500/month on renting cars and they think that is standard!
My wife & I have an S6, Elise S2, Porsche 996 & a Yaris - all over 10 years old but well-kept and paid for in full - probably for less than they pay in rent over 24 months
Each to their own
ettore said:
Gecko1978 said:
100% this Rishi legally paid 22% tax. I similar income to Starmer pay closer to 50%
You need to look (and possibly think) about that a little more. Neither is correct.kers have of stealing my money, I'm paying well over 50% of my income to them!Gassing Station | News, Politics & Economics | Top of Page | What's New | My Stuff