AndyRKett said:

Distract and distort to get my point across.....

Firstly I had no point and did not make any point, I merely found one aspect of what you said funny and commented on it, I also didn’t throw out any insults.

SB1500 this is where you need to be posting your brexit nonsense, it seems it would fit well here.

Click to expand...

What about the other guy who mentioned Brexit? Perhaps he’d like your instructions on where to post as well... Thank god you’re here to keep us all “right” ;-) (or ‘left’ as it were)

The EU is trying to shut down the Uks tax havens, the uk doesnt want this to happen as the rich who run this country might have to pay tax. The Brexit vote will not matter either way as we will go whichever way protects the rich and their money, if the EU wont deal on this we will leave, however if they drop this demand to shut our tax havens we will stay. Follow the money not the news.
The MP who was pushing this for the EU was killed !!! No one else fancies the job ?

Everywhere else in the world countries can set their own taxes and interest rates. Some do it badly (Greece) some do it less badly (UK). The point is it's their choice.

UK is not a tax haven it's just trying to use it's fiscal management to improve it's lot. The whole point is to invite outside investment. UK has been pretty good at that so we must be all tax dodgers.

More history (sorry). We had Peak Unions back in the 1970s with top tax rates at 95%. Not surprisingly anyone reasonably successful said "sod this" and left. Now everyone was poor and there was no-one to build successful businesses. Thatcher came along, put the unions on a leash and significantly cut taxes. Uproar - riots and all sorts along all the usual racist comments about rich posh white people. She came from a modest background but dug her heels in. The economy grew and the tax take in money terms increased much faster than inflation (which had been at least 20%). Inflation came down and UK went from (very) poor man of Europe to the most successful. Germany was smaller back then.

If you rip off the rich they are the ones with the means to walk out. The economy shrinks and you take less in tax and everything else. If you let people be rewarded for success, everyone gets a more because the economic cake gets bigger. Most of Europe refused to make these changes and France now has endless riots because they know the government will give in.

Corporation Tax is one of the most regressive. A company exists simply to make money. When that money is removed as wages or profits its taxed as it should be. Taxing the company via corp tax limits investment so limits growth and limits jobs. It also encourages money wasting at year ends to spend the budgets.


Some people call what I am saying a tax haven. I call it good common sense to keep your country competitive.