Another 3 pence in august what gives?

Another 3 pence in august what gives?

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Discussion

DanDC5

18,817 posts

168 months

Thursday 22nd March 2012
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Soovy said:
DanDC5 said:
I have a question?

Would it not be slightly beneficial for the government to cut down on how much foreign aid is paid out every year? From what 10 minutes of googling has just found it appears to be a massive chunk of money every year that could be better spent not screwing over the tax payer even more in here?

No idea on the ins and outs of that one, but I can't really see how looking after you own country first and re-evaluating what you can give would be a bad idea?
Get out of here with your common sense.
Someone will be along shortly to call you a racist.

WE SHOULD NOT GIVE A PENNY IN AID WHILE WE'RE IN DEBT.
Sorry biggrin

getmecoat





BRMMA

1,846 posts

173 months

Thursday 22nd March 2012
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[Mindless Rant]
If Princess Diana was still alive we wouldn't have this problem, i'm going to order my decorative Princess Diana wall plate with all the money i would have been spending between now and august if the rise had been brought in immediately

other than Diana coming back to save us i think the only other option is to shoot everybody as they walk out of JD sports or Footlocker

other than that i'd sack off all the money we have to pay into europe, generally cut legistlation, health & safety laws etc and go back to shipping convicts off to australia

there's no way i'm paying an extra £1.50 per tank of fuel so i can drive my Porsche if it means the money will be wasted by wayne on crack and ringtones

(on the other hand it could be argued the rise in fuel duty creates more harm than good purely on economic grounds as it creates inflation due to increased transport costs etc which is passed on through the proce of goods, it also potentially creates social inertia and not being able to get the right skills into the right locations can only be bad for the economy and growth in British Industry, however i'd prefer to ignore this theory and stick to my idea that it's all Wayne's fault)

I'm now confused as to wether i'm a facist right winger or a socialist hippy, i'll pick whichever suits my argument at the time and has the potential to get me more flange

nb: use of the term flange will probably not help my cause
[\Mindless Rant]

pilchardthecat

7,483 posts

180 months

Thursday 22nd March 2012
quotequote all
DanDC5 said:
I have a question?

Would it not be slightly beneficial for the government to cut down on how much foreign aid is paid out every year? From what 10 minutes of googling has just found it appears to be a massive chunk of money every year that could be better spent not screwing over the tax payer even more in here?

No idea on the ins and outs of that one, but I can't really see how looking after you own country first and re-evaluating what you can give would be a bad idea?
I'm fairly sure that most foreign "aid" is actually bungs and backsheesh which results in contracts etc for the UK defense/oil/whatever industry.

At least that's what i keep telling myself.

DanDC5

18,817 posts

168 months

Thursday 22nd March 2012
quotequote all
It's good to have a belief. laugh

I do like the idea of being a socialist hippy/facist right winger depending on how much flange it gets you. I might take up this idea.

RizzoTheRat

25,192 posts

193 months

Thursday 22nd March 2012
quotequote all
Soovy said:
Get out of here with your common sense.

Someone will be along shortly to call you a racist.

WE SHOULD NOT GIVE A PENNY IN AID WHILE WE'RE IN DEBT.
I believe we reduced it a bit a couple of years back, but at one point we were paying something like 1.5bn to India in foreign aid, and India were paying out 1.5bn a year to other countries in foreign aid. Crazy situation.

martin84

5,366 posts

154 months

Thursday 22nd March 2012
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PlugUgly said:
You're right, very few people earn that much, and that someone earning £150,001 is only paying 50% on the £1 and not the £150,000, and so in that case your average tax bill would be a smidge less than 40%, but I was working at the extremes, where Messers Rooney, Hester et al roam and their earnings over £150,000 are easily enough to round their average rate of tax closer to 50%.
The extremes arent worth paying attention to, because they're minorities. Lets take Frank Lampard for example, reportedly on £150,000 a week at Chelsea. That means his Gross wage this year is £7.8million, leaving him a Net Salary of £3.8million as he pays £3.82m in the 50p tax bracket (as well as £46k and £7k in the other two). Nobodies going to complain about taking home £72,000 a week are they? If you're interested Lampard would've taken home £4.6million prior to the 50p tax rate's implentation. If he was going to take his spending power elsewhere he'd have done it by now. Your argument of the 50p rate deterring high earners is probably more relevent to those earning within the region of the tax threshold, rather than the extremes you mention.

PlugUgly said:
"I don't use the services and so I shouldn't pay" isn't a valid argument not to pay tax, but it is a valid feeling, and if they feel strongly enough then they will move abroad and their skills and spending power will be lost to the UK economy, which isn't helpful at all.
Not relevent to the footballer example you give though really is it? Alonso, Ronaldo and Fabregas did not go to Spain for their better tax rates. Nobody can tell me how many people left the UK due to the 50p rate, probably because the answer is 0 and giving tax breaks to rich millionaire tax avoiders just to keep them in the UK is not a valid excuse for the Chancellor's ridiculous budget.

PlugUgly said:
I think in the main most people who are rich (or otherwise) do care about where their taxes go, even if they don't mind paying them. Seeing the difference between your net and gross pay on your pay-slip is quite disheartening, so it would be nice to see it spent on something you agree with!
I think they care even more about what their balance sheet and profits look like. Plenty of rich business people operate in markets and countries controlled by communistical repressive regimes. They'll be paying taxation in some form in those countries so they obviously dont care too much where it goes. Whether they agree with it or not is irrelevent, if we start running our tax system based on what a select few rich people want to see it spent on then we can throw democracy in the bin today.

I do understand what you mean. The average income tax bill is around £5,000 a year using simplistic maths. So if you earned £200,000 a year you'd pay £76,000 in income tax. 15 times the average. However the Police dont come to your house 15 times faster, the schools dont teach your children 15 times better and the NHS wouldnt work 15 times harder to treat you. I get that, but theres no other way for the tax system to work and pay for what it needs to, so it wont change.

Negative Creep

24,991 posts

228 months

Thursday 22nd March 2012
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RizzoTheRat said:
Soovy said:
Get out of here with your common sense.

Someone will be along shortly to call you a racist.

WE SHOULD NOT GIVE A PENNY IN AID WHILE WE'RE IN DEBT.
I believe we reduced it a bit a couple of years back, but at one point we were paying something like 1.5bn to India in foreign aid, and India were paying out 1.5bn a year to other countries in foreign aid. Crazy situation.
We've also helped India out by giving them a large number of our jobs

martin84

5,366 posts

154 months

Thursday 22nd March 2012
quotequote all
Soovy said:
Get out of here with your common sense.

Someone will be along shortly to call you a racist.

WE SHOULD NOT GIVE A PENNY IN AID WHILE WE'RE IN DEBT.
We should not give a penny back to the tax avoiding rich while we're in debt either.

Zed 44

1,262 posts

157 months

Thursday 22nd March 2012
quotequote all
martin84 said:
Soovy said:
Get out of here with your common sense.

Someone will be along shortly to call you a racist.

WE SHOULD NOT GIVE A PENNY IN AID WHILE WE'RE IN DEBT.
We should not give a penny back to the tax avoiding rich while we're in debt either.
I believe the Foreign Offices' reasoning is that by giving, not India per se, but certain areas of India foreign aid, they help to create an economy and environment that encourages Indians to stay there rather than come here.

martin84

5,366 posts

154 months

Thursday 22nd March 2012
quotequote all
Zed 44 said:
I believe the Foreign Offices' reasoning is that by giving, not India per se, but certain areas of India foreign aid, they help to create an economy and environment that encourages Indians to stay there rather than come here.
That is the theory. Thats also the theory behind paying foreigners to leave the UK. I used to work with an African gentleman who was offered several thousand to go home, I forget the exact figure now but it was a large amount.

danny0001uk1

261 posts

150 months

Friday 23rd March 2012
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Petrol prices hit another record high

Higher oil prices have been filtering through to the pumps
Continue reading the main story
Related Stories

Fuel duty increase gets go-ahead
The cost of petrol and oil: How it breaks down
Petrol price reaches record high
Petrol prices have hit another record, according to industry analysts Experian Catalist.

The average price of a litre of unleaded petrol hit £140.20 pence.

High oil prices have been behind the rising price of fuel. Crude oil prices have risen 25% since early September.

In his Budget this week, Chancellor George confirmed that a 3.02p per litre fuel duty increase will take effect on 1 August, drawing criticism from the motoring industry.

It is a "Budget blow-out which will force drivers off the road," AA president Edmund King said on Wednesday.

The chancellor has pledged that fuel duty will not rise faster than inflation, unless oil prices were to fall below £45 a barrel.

Brent crude was trading at almost $124 (£78) a barrel on Friday.

http://www.bbc.co.uk/news/business-17490088

R300will

3,799 posts

152 months

Friday 23rd March 2012
quotequote all
martin84 said:
Zed 44 said:
I believe the Foreign Offices' reasoning is that by giving, not India per se, but certain areas of India foreign aid, they help to create an economy and environment that encourages Indians to stay there rather than come here.
That is the theory. Thats also the theory behind paying foreigners to leave the UK. I used to work with an African gentleman who was offered several thousand to go home, I forget the exact figure now but it was a large amount.
Why not just have stricter border controls like australia? they manage quite well.