Taking the Brexit
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Kern wrote:
MaliA wrote:
As much as I dislike to pour scorn on the wretched, this is somewhat deserved.


Different standards apply to the powerful. Being Prime Minister must be a horrible, lonely, and complicated job that's only bound to end in failure and disappointment, and she's at the helm during particularly turbulent seas. But being power means we can, nay must, criticise and oppose where necessary (we can also cheer if they do something right, and probably should). Unfortunately, the storms have brought to forefront her weakness, although I can't think of anyone in the senior ranks of the Tories who could do any better. Perhaps Philip Hammond, but only since he always came across as quiet and hard-working in defence and I've not heard much from him in recent times.

Here endeth the lesson. We now turn to hymn 342.


On this, I felt a twinge of sympathy for Brown this morning as he was being interviewed and had malicious quotes read to him from books by Blair and Lord Mandelson. Turns out (at risk of poking the bear through the bars <wink>), he wanted tighter regulation of the city, but was shouted down. Overall, he came out as likeable, just not in the right time.

Regarding Hammond, the "Spreadsheet Phil" nickname that has been bandied about has annoyed me somewhat, as it implies, to me, that actually looking at stuff and due diligence regarding his task is something that causes amusement. And then one looks over at DfExEU or whatever it is called.
There's something fairly telling about the fact that it's 11pm - Brussels time.
They should have set it to 1.30am on the 25th March
MaliA wrote:
Agency workers, I guess.


Did some asking: Across the industry, there's been a switch to zero hours contracts for factory staff. So, if people can earn 10p an hour more down the road, they do that; if they decide they don't want to work that day as they've gotten shitfaced the night before, they don't turn up and go elsewhere the day after.
That's not an answer as to why wages are not rising. That's a reason to raise wages to attract and retain staff, in fact.
Doctor Glyndwr wrote:
That's not an answer as to why wages are not rising. That's a reason to raise wages to attract and retain staff, in fact.


Oh, controlling business costs.
MaliA wrote:
Oh, controlling costs.

...you're not allowed to moan about it being hard to find staff then!
Doctor Glyndwr wrote:
MaliA wrote:
Oh, controlling costs.

...you're not allowed to moan about it being hard to find staff then!


I don’t think you understand people :DD
Curiosity wrote:
Doctor Glyndwr wrote:
MaliA wrote:
Oh, controlling costs.

...you're not allowed to moan about it being hard to find staff then!


I don’t think you understand people :DD


A similar thing happens in the big factories in China that make toys. One season, they're all making kid's firearms or whatever in Factory A, and having a jolly old time, then they go back to their village, and have a powwow with their mates about what it was all like. Next season, they all go to Factory B because Fat John said it was loads better and you get a cake on your birthday, so then there's no kid's firearms but loads of yoyos.
James Dyson on Andrew Marr this morning:

Walk away from negotiations
Don't pay anything towards outstanding obligations
Scrap corporation tax
Make it easier to fire people

What a cunt.
Innovative.

His products suck anyway.
Cras wrote:
James Dyson on Andrew Marr this morning:

Walk away from negotiations
Don't pay anything towards outstanding obligations
Scrap corporation tax
Make it easier to fire people

What a cunt.


I've just been told my corporation tax bill is £100,000 in April. Mr Suction might be onto something ;)
Still, I'm sure this six figure sum will be magnificently efficiently managed and well spent.
MaliA wrote:
On this, I felt a twinge of sympathy for Brown this morning as he was being interviewed and had malicious quotes read to him from books by Blair and Lord Mandelson. Turns out (at risk of poking the bear through the bars <wink>), he wanted tighter regulation of the city, but was shouted down.
Cavey wrote:
Cras wrote:
James Dyson on Andrew Marr this morning:

Walk away from negotiations
Don't pay anything towards outstanding obligations
Scrap corporation tax
Make it easier to fire people

What a cunt.


I've just been told my corporation tax bill is £100,000 in April. Mr Suction might be onto something ;)
Still, I'm sure this six figure sum will be magnificently efficiently managed and well spent.

They'll have a good Lord Mayor's Banquet this year.
I find it entertaining that Dyson was one of the loudest business voices calling for the UK to join the euro when it was launched. I look forward to him pleading for us to rejoin Europe in 15 years time.
:D

Yeah because hey, Brown really wanted to put the City back on a short leash in all those Mansion House speeches that he made in 1997, 1998, 1999, 2000, 2001, 2002, 2003, 2004, 2005, 2006 and 2007. Oh no.

I mean seriously, who exactly is the deluded old idiot thinking he's trying to kid? Does he think we none of us can remember as far back as 10 years, nor that his (lamentably, interminably boring, as well as laughably ill-informed and ultimately catastrophic) speeches have not beEN transcribed, so we can, even now, revisit them and inverse-marvel at all their misinformed 'glory'?

The unbelievable brass neck.
Lonewolves wrote:
They'll have a good Lord Mayor's Banquet this year.

I reckon we should gate crash it Myp :D
Cras wrote:
James Dyson on Andrew Marr this morning:

Walk away from negotiations
Don't pay anything towards outstanding obligations
Scrap corporation tax
Make it easier to fire people

What a cunt.

I couldn’t possibly comment.
ApplePieOfDestiny wrote:
I find it entertaining that Dyson was one of the loudest business voices calling for the UK to join the euro when it was launched. I look forward to him pleading for us to rejoin Europe in 15 years time.

I didn't know this.

https://www.google.co.uk/amp/s/amp.theg ... rbusiness4

Quote:
Vacuum cleaner king James Dyson, the high-profile inventor and businessman, is set to reignite the debate surrounding the euro after threatening to expand his operations in Malaysia, rather than at his British factory, if the UK does not join the single currency.

Dyson, who devised the bagless vacuum cleaner, sparked a national debate earlier this year after complaining that the strong pound could force his company to move overseas. This time, however, his comments carry extra weight. Since he made his now famous remarks, Dyson has opened a small factory in Malaysia in a bid to offset both the impact of the pound and planning problems over enlarging his UK factory in Wiltshire.

The Malaysian plant is now used to make products for the Far Eastern markets, chiefly Japan. But Dyson is considering increasing its capacity in the longer term if the UK government's attitude to the single currency doesn't change.

'It's suicidal for the UK not to join the euro. Why should we go on exporting at a loss? We're facing unfair competition,' he said.


What a dick.
Did he follow through with his threat?
Actually, not sure I can say that.
Heh. Thanks for reminding me of the ONE thing we can thank Gordon Brown for: keeping us out of the catastrophic Euro, as against the “better judgement” of his knife-wielding “colleagues” in that back-biting pit of vipers that was the New Labour ‘sofa government’ of the late 90s and early 2000s.

I suppose a busted clock reads the right time fleetingly and eventually.
As for James Dyson, I don’t know much about him but IIRC he pays a lot more UK tax than a google, he’s set up UK Engineering training facilities and academies, he’s created a lot of wealth for U.K. plc even if I don’t agree with his Brexit views. So let’s just say he’s likely rather more useful than bankers or tax avoiding vampires?
Yeah, for all that Dyson still does employ 3000+ people in the UK, as far as I can tell, and does invest a lot in the training and education of engineers. And while I don't agree with his politics in many situations, it's not like he's bribing Saudi princes or anything.
He did offshore company ownership to Malta for a number of years to avoid paying UK tax. 2009-2013 IIRC.
And he wants to eliminate corporation tax. He doesn't think companies should pay anything into the treasury.
Although, a scheme where corrupt Princes from wealthy petro-states were bribed using a complex series of slush funds, Swiss bank accounts and "consultancy payments" in order to persuade them to fit out their armed services with a certain brand of hand dryer in the toilets would make an splendidly ridiculous back story to a spy thriller.
Cavey wrote:
As for James Dyson, I don’t know much about him but IIRC he pays a lot more UK tax than a google, he’s set up UK Engineering training facilities and academies, he’s created a lot of wealth for U.K. plc even if I don’t agree with his Brexit views. So let’s just say he’s likely rather more useful than bankers or tax avoiding vampires?


Wait... vampires are real?

And they don’t even pay tax!
Curiosity wrote:
Cavey wrote:
As for James Dyson, I don’t know much about him but IIRC he pays a lot more UK tax than a google, he’s set up UK Engineering training facilities and academies, he’s created a lot of wealth for U.K. plc even if I don’t agree with his Brexit views. So let’s just say he’s likely rather more useful than bankers or tax avoiding vampires?


Wait... vampires are real?

And they don’t even pay tax!


They should take a long hard look at themselves in the mirr.. oh wait.
Curiosity wrote:
Cavey wrote:
As for James Dyson, I don’t know much about him but IIRC he pays a lot more UK tax than a google, he’s set up UK Engineering training facilities and academies, he’s created a lot of wealth for U.K. plc even if I don’t agree with his Brexit views. So let’s just say he’s likely rather more useful than bankers or tax avoiding vampires?


Wait... vampires are real?

And they don’t even pay tax!
.
Don't be daft! Cavey clearly differentiates between tax-paying vampires, who are useful and valuable members of society, and tax-avoiding vampires, who are not.
devilman wrote:
Curiosity wrote:
Cavey wrote:
As for James Dyson, I don’t know much about him but IIRC he pays a lot more UK tax than a google, he’s set up UK Engineering training facilities and academies, he’s created a lot of wealth for U.K. plc even if I don’t agree with his Brexit views. So let’s just say he’s likely rather more useful than bankers or tax avoiding vampires?


Wait... vampires are real?

And they don’t even pay tax!


They should take a long hard look at themselves in the mirr.. oh wait.

Bravo!
https://www.theguardian.com/politics/20 ... itain-down

An investment advisor has advised his clients to pull funds from the UK in favour of "looking further afield" because Britain's economy is weak. More talking Britain down nonsense from this remoaner banker who is called ::checks notes:: hardcore Bexiteer John Redwood MP.
Squirt wrote:
Curiosity wrote:
Cavey wrote:
As for James Dyson, I don’t know much about him but IIRC he pays a lot more UK tax than a google, he’s set up UK Engineering training facilities and academies, he’s created a lot of wealth for U.K. plc even if I don’t agree with his Brexit views. So let’s just say he’s likely rather more useful than bankers or tax avoiding vampires?


Wait... vampires are real?

And they don’t even pay tax!
.
Don't be daft! Cavey clearly differentiates between tax-paying vampires, who are useful and valuable members of society, and tax-avoiding vampires, who are not.


Vampires are okay; it’s only Bankers I can’t stand. ;)
I love how a guy who’s employed thousands of U.K. people in actual meaningful, useful, productive employment, and has set up first class engineering academies etc. is a Beex hate figure, because among other things he has the audacity to rail against paying punitive Corporation Tax where others get off Scot free by shaking hands with the Isle of Man government or whatever. I mean how very dare he etc., and yet you all moan about losing bloody *bankers* because of Brexit. Priceless, totally figures I guess. :D
Curiosity wrote:
Cavey wrote:
As for James Dyson, I don’t know much about him but IIRC he pays a lot more UK tax than a google, he’s set up UK Engineering training facilities and academies, he’s created a lot of wealth for U.K. plc even if I don’t agree with his Brexit views. So let’s just say he’s likely rather more useful than bankers or tax avoiding vampires?


Wait... vampires are real?

And they don’t even pay tax!


Yes, paying tax.... not expecting vast bailouts off the backs of working people, their children and their grandchildren.... such a quaint notion!
I'm confused that in the same breath you appear to be lauding Dyson for railing against 'punitive' corporation tax rates but lambasting 'vampires' who aren't paying their fair share in tax.
UK corporation tax rates are below the global average.
You seriously don’t get the fundamental disconnect between U.K. businesses being expected to pay millions and billions in Corporation Tax, in part to pay for the social and actual physical infrastructure enabling the likes of Amazon, Google, banks etc to print money off all our backs, and put next to nothing back in? Wow.

I imagine he’s asking himself the same question I am: why?
Well as i mentioned before, he didn't use to. Everything was registered in Malta specifically to avoid tax. And he's said it should be abolished, so he doesn't want to put anything back in.

And the why is to pay for public services, the things that a nation needs in order to support a business like Dyson's and indeed yours, and indeed Google or Amazon. I have no sympathy for a profit making business in the UK, with its perfectly reasonable corporation tax rate, not wanting to pay their fair share.
You have “no sympathy” because you’re not the one stumping up huge sums of money, when others vastly more deserving of making such payments get off. That’s why.

It’s ok though because they’re cool. :roll:
Cavey wrote:
You have “no sympathy” because you’re not the one stumping up huge sums of money, when others vastly more deserving of making such payments get off. That’s why.

It’s ok though because they’re cool. :roll:


It's not okay at all. But Dyson did the same thing and has said he wants it abolished. So that makes him exactly as bad as the others.
And I’m fairly sure that Cras, much like the rest of us, would like other businesses to pay tax as well. Criticising Dyson for his stance is not the same as supporting tax avoidance elsewhere. You can think he’s a dick and that Jeff Bezos is also a dick.
Cras wrote:
Cavey wrote:
You have “no sympathy” because you’re not the one stumping up huge sums of money, when others vastly more deserving of making such payments get off. That’s why.

It’s ok though because they’re cool. :roll:


It's not okay at all. But Dyson did the same thing and has said he wants it abolished. So that makes him exactly as bad as the others.


Well if it’s not ok then we agree.
Look, I don’t give a fig about what you think you know about James Dyson and/or whether you think he’s a “cunt”. The germane point is that, as a UK based manufacturer, wealth creator, employer of thousands of skilled people in productive, actually useful manufacturing jobs that our Labour legacy bank-skewed economy desperately needs, you can be rest assured that whatever avoidance measures he’s taken, he’s STILL paying a fuckton more Corporation Tax per capita than the likes of Apple, Google, Amazon - in which case his point *stands*, whether you like that or not!
Bit of a tangent, but our EU membership or lack of it has nothing to do with our Corporation tax rate right? Looks like plenty of EU countries have lower rates.
Squirt wrote:
Bit of a tangent, but our EU membership or lack of it has nothing to do with our Corporation tax rate right? Looks like plenty of EU countries have lower rates.


I believe the EU has a 'floor rate' same as for VAT. We're nowhere near it though
Anyone suggesting abolishing corporation tax should also bear in mind that the natural effect for a close company, one which is controlled by five or fewer individuals (such as Dyson or Cavey Inc) is that taxation in the Uk will revert to a similar model to the US Sub parte F system, such that the owners are taxed transparently, on an arising basis at full income tax (I.e non dividend) rates.

The effect for the shareholder is an acceleration and absolute increase in their tax burden.
I find that very hard to understand, but I'll defer to your expertise Apod.
Cavey wrote:
I find that very hard to understand, but I'll defer to your expertise Apod.

Roughly translated: be careful what you wish for.
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