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Post by baggins on Oct 22, 2018 4:52:13 GMT
The spirit of 68. Reckon my Mother had too much of that as I was born Feb 69. Oh god. Bristol? Yep. |
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Post by Deleted on Oct 22, 2018 12:45:59 GMT
Politics is just a sideshow these days. Companies like Google, Amazon and Facebook just do what they like, invest where they like and pay whatever tax they like. They're not frightened of people like Trump when they have most of the world as their marketplace. And the Chinese as sure as hell don't give a flying fig about what anyone thinks. They just power onwards and upwards. Makes Brexit and its implications look pretty insignificant really when we are being manipulated by these other much more powerful players. That's right. The big companies in Germany, like BMW, VW, and Mercedes pay no Corporation Tax. They argue that they provide hundreds of thousands of jobs, and their benefit to the overall economy is so great, that they shouldn't pay Corporation Tax.....and the German government agrees with that and let's them get away with it ! Let's not forget that Juncker, one of the EU President's, fixed up the tax laws in Luxembourg so the big companies pay very little tax, but that very little is a lot to a tiny place like Luxembourg ! He took advantage of the Single Market rules. The EU have done nothing to stop this, which indicates that the EU is very much for the large companies, and not for you and me. The Brexit argument about the Irish border is just a political argument. In reality, the cross-border trade is only worth something like 1.5 billion, which is peanuts in the overall scheme of things, and is not something that should be holding up the talks. |
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Post by Deleted on Oct 22, 2018 13:01:43 GMT
The next State to vote will be Hessen next Sunday, where I live.
CDU got 38% in the last vote in 2013. The predictions are that this time they will struggle to get 26%, with the AfD and the Greens picking up a lot more votes.
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Post by Deleted on Oct 22, 2018 14:21:38 GMT
Politics is just a sideshow these days. Companies like Google, Amazon and Facebook just do what they like, invest where they like and pay whatever tax they like. They're not frightened of people like Trump when they have most of the world as their marketplace. And the Chinese as sure as hell don't give a flying fig about what anyone thinks. They just power onwards and upwards. Makes Brexit and its implications look pretty insignificant really when we are being manipulated by these other much more powerful players. That's right. The big companies in Germany, like BMW, VW, and Mercedes pay no Corporation Tax. They argue that they provide hundreds of thousands of jobs, and their benefit to the overall economy is so great, that they shouldn't pay Corporation Tax.....and the German government agrees with that and let's them get away with it ! Let's not forget that Juncker, one of the EU President's, fixed up the tax laws in Luxembourg so the big companies pay very little tax, but that very little is a lot to a tiny place like Luxembourg ! He took advantage of the Single Market rules. The EU have done nothing to stop this, which indicates that the EU is very much for the large companies, and not for you and me. The Brexit argument about the Irish border is just a political argument. In reality, the cross-border trade is only worth something like 1.5 billion, which is peanuts in the overall scheme of things, and is not something that should be holding up the talks. Oh dear chaps. This reads like a "Right meets Left". Unable to win the debate from either "side", let's both bash business. Can I remind you of the cost of employment? I am pretty sure that the German car manufacturers employ 100s of 1000s of people. As such I am pretty sure they pay a multi million euro payroll tax. Let's not even mention the numbers employed in supplier companies, nor the amount generated through capital investment. It's the same in the UK. I get the headliners like Amazon, Google (Alphabet) but as they say, they operate within the tax laws of the country they operate in. The thing is, Brexiteers bang on about sovereignty, you have it on these taxes, and you do naff all about it. The issue with Northern Ireland is political, obviously. Under WTO rules we would be compelled to have border checks, and I am sure everyone could understand any legal area, country or common area, not wanting an open border where goods from outside the country bordering it seeping across the border. But the key issue is the Good Friday Agreement, nobody wants to risk busting that. |
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Post by Deleted on Oct 22, 2018 15:13:03 GMT
That's right. The big companies in Germany, like BMW, VW, and Mercedes pay no Corporation Tax. They argue that they provide hundreds of thousands of jobs, and their benefit to the overall economy is so great, that they shouldn't pay Corporation Tax.....and the German government agrees with that and let's them get away with it ! Let's not forget that Juncker, one of the EU President's, fixed up the tax laws in Luxembourg so the big companies pay very little tax, but that very little is a lot to a tiny place like Luxembourg ! He took advantage of the Single Market rules. The EU have done nothing to stop this, which indicates that the EU is very much for the large companies, and not for you and me. The Brexit argument about the Irish border is just a political argument. In reality, the cross-border trade is only worth something like 1.5 billion, which is peanuts in the overall scheme of things, and is not something that should be holding up the talks. Oh dear chaps. This reads like a "Right meets Left". Unable to win the debate from either "side", let's both bash business. Can I remind you of the cost of employment? I am pretty sure that the German car manufacturers employ 100s of 1000s of people. As such I am pretty sure they pay a multi million euro payroll tax. Let's not even mention the numbers employed in supplier companies, nor the amount generated through capital investment. It's the same in the UK. I get the headliners like Amazon, Google (Alphabet) but as they say, they operate within the tax laws of the country they operate in. The thing is, Brexiteers bang on about sovereignty, you have it on these taxes, and you do naff all about it. The issue with Northern Ireland is political, obviously. Under WTO rules we would be compelled to have border checks, and I am sure everyone could understand any legal area, country or common area, not wanting an open border where goods from outside the country bordering it seeping across the border. But the key issue is the Good Friday Agreement, nobody wants to risk busting that. Um...No one is 'bashing business', we're just telling it like it is. The rules of the magnificent 'single market' dictate that Luxembourg can offer advantageous tax breaks to big companies, and the EU allow it to happen. That is a fact, not an opinion, and the guy who masterminded this is one of the EU President's. But let's not let 'facts' get in the way of your "right meets left" blinkered view of things. As for 'busting the Good Friday Agreement', were we not all assured that 'they' had given up all their weapons? Wasn't that one of the things about the GFA? Also, should we allow the possible threat of terrorist action stop the whole country from moving on''? Another thing, just what does the GFA say about the border? |
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Post by Deleted on Oct 22, 2018 16:42:16 GMT
Blimey Nobby
I hope this is current as I can get it
Austria, 25%, Belgium 29%, Bulgaria 10%, Czech Rep. 19%, Denmark 22%, Estonia 20%, Finland 20%, France 33.3%, Germany 15% (but ranges 22.8 to 32.9 dependent on Municipality)
Greece 29%, Hungary 9%, Ireland 12.5%
Italy 27.9%, Latvia 20%, Liech/Stein 12.5%, Lithuania 15%, Luxembourg 29.22%, Holland 25%, Poland 19%, Portugal 21%, Romania 16%, Spain 25%
Swiss, 16.55%, UK 19% - 17% from 2020.
So these are the highlights I picked out.
Happy to be proved wrong as normally I would use one of the UK Big 4. But their webs were typically cumbersome.
Point being rates are all over the place and, if correct, proves the point that tax rates are a sovereign determination. It has naff all to do with the single market.
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Post by Deleted on Oct 22, 2018 17:45:49 GMT
Blimey Nobby I hope this is current as I can get it Austria, 25%, Belgium 29%, Bulgaria 10%, Czech Rep. 19%, Denmark 22%, Estonia 20%, Finland 20%, France 33.3%, Germany 15% (but ranges 22.8 to 32.9 dependent on Municipality) Greece 29%, Hungary 9%, Ireland 12.5% Italy 27.9%, Latvia 20%, Liech/Stein 12.5%, Lithuania 15%, Luxembourg 29.22%, Holland 25%, Poland 19%, Portugal 21%, Romania 16%, Spain 25% Swiss, 16.55%, UK 19% - 17% from 2020. So these are the highlights I picked out. Happy to be proved wrong as normally I would use one of the UK Big 4. But their webs were typically cumbersome. Point being rates are all over the place and, if correct, proves the point that tax rates are a sovereign determination. It has naff all to do with the single market. So you've not heard about the special deals with the big companies in Luxembourg then, arranged by a certain Mr Juncker? "More than 300 companies, including PepsiCo Inc, AIG Inc and Deutsche Bank AG, secured secret deals from Luxembourg to slash their tax bills, the International Consortium of Investigative Journalists (ICIJ) reported on 5 November, quoting leaked documents. The companies appear to have channeled hundreds of billions of dollars through Luxembourg and saved billions of dollars in taxes, the group of investigative journalists said, based on a review of nearly 28,000 pages of confidential documents. Luxembourg has faced international criticism following the revelations. The leaks put pressure on European Commission President Jean-Claude Juncker, a prime minister of Luxembourg, to explain his role in the country's tax policies." Luxembourg tax deals
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Post by Deleted on Oct 22, 2018 18:05:11 GMT
Let's be straight about this....Juncker is a criminal, and it appears as though the EU support this... Lux Tax Scam |
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Post by Deleted on Oct 22, 2018 18:32:04 GMT
Blimey Nobby I hope this is current as I can get it Austria, 25%, Belgium 29%, Bulgaria 10%, Czech Rep. 19%, Denmark 22%, Estonia 20%, Finland 20%, France 33.3%, Germany 15% (but ranges 22.8 to 32.9 dependent on Municipality) Greece 29%, Hungary 9%, Ireland 12.5% Italy 27.9%, Latvia 20%, Liech/Stein 12.5%, Lithuania 15%, Luxembourg 29.22%, Holland 25%, Poland 19%, Portugal 21%, Romania 16%, Spain 25% Swiss, 16.55%, UK 19% - 17% from 2020. So these are the highlights I picked out. Happy to be proved wrong as normally I would use one of the UK Big 4. But their webs were typically cumbersome. Point being rates are all over the place and, if correct, proves the point that tax rates are a sovereign determination. It has naff all to do with the single market. So you've not heard about the special deals with the big companies in Luxembourg then, arranged by a certain Mr Juncker? "More than 300 companies, including PepsiCo Inc, AIG Inc and Deutsche Bank AG, secured secret deals from Luxembourg to slash their tax bills, the International Consortium of Investigative Journalists (ICIJ) reported on 5 November, quoting leaked documents. The companies appear to have channeled hundreds of billions of dollars through Luxembourg and saved billions of dollars in taxes, the group of investigative journalists said, based on a review of nearly 28,000 pages of confidential documents. Luxembourg has faced international criticism following the revelations. The leaks put pressure on European Commission President Jean-Claude Juncker, a prime minister of Luxembourg, to explain his role in the country's tax policies." Luxembourg tax deals
Luxembourg does not concern me. If they have broken some international law, EU law, then I am sure something would have happened. Essentially it's up to the national governments to raise this and we elect them. What concerns me is employment, investment and GDP growth in the UK. Being part of a single market, governed by an agreed rule of law, one which is free of Tarriffs and constraints on capital and labour has been hugely beneficial to the UK. Direct Financial Investment into the UK whilst we have been members has been at the top of the OECD league. What I object to in this debate are false claims like the one you made insinuating the EU single market dictates sovereign tax rates. It's just bollox mate. |
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Post by Deleted on Oct 22, 2018 18:40:34 GMT
So you've not heard about the special deals with the big companies in Luxembourg then, arranged by a certain Mr Juncker? "More than 300 companies, including PepsiCo Inc, AIG Inc and Deutsche Bank AG, secured secret deals from Luxembourg to slash their tax bills, the International Consortium of Investigative Journalists (ICIJ) reported on 5 November, quoting leaked documents. The companies appear to have channeled hundreds of billions of dollars through Luxembourg and saved billions of dollars in taxes, the group of investigative journalists said, based on a review of nearly 28,000 pages of confidential documents. Luxembourg has faced international criticism following the revelations. The leaks put pressure on European Commission President Jean-Claude Juncker, a prime minister of Luxembourg, to explain his role in the country's tax policies." Luxembourg tax deals
Luxembourg does not concern me. If they have broken some international law, EU law, then I am sure something would have happened. Essentially it's up to the national governments to raise this and we elect them. What concerns me is employment, investment and GDP growth in the UK. Being part of a single market, governed by an agreed rule of law, one which is free of Tarriffs and constraints on capital and labour has been hugely beneficial to the UK. Direct Financial Investment into the UK whilst we have been members has been at the top of the OECD league. What I object to in this debate are false claims like the one you made insinuating the EU single market dictates sovereign tax rates. It's just bollox mate. No, I did not say that the EU Single Market dictates sovereign tax rates. Please point out where I said that? The EU Single Market gives companies the opportunity to 'lodge' their business in any country within the Single Market....the Single Market, where you only have to register in one place, with Luxembourg offering very very nice deals to the big companies, and all arranged by Mr Juncker. |
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Post by baggins on Oct 26, 2018 14:25:05 GMT
Aren't we doing well. Stock Market down 1000 points, 14%, ever since this bunch of twats called for a referendum. Anyone asked for an up to date Statement for their Private Pension Investment recently?
Still, nevermind, we'll be fine.
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Post by Deleted on Oct 26, 2018 14:31:06 GMT
Sorry Bags, but it's a global thing. Stocks are down everywhere at the moment. It's the way it goes. Nothing to do with Brexit at all.
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Post by baggins on Oct 26, 2018 14:57:21 GMT
Sorry Bags, but it's a global thing. Stocks are down everywhere at the moment. It's the way it goes. Nothing to do with Brexit at all. Is it bollocks. 1000 points in 18 months? Stock Market revolves around faith in the Economy and it's Future Economy. We have no faith in our Economy anymore since the referendum. Thank you Mr Cameron.
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Post by Deleted on Oct 26, 2018 15:42:11 GMT
Sorry Bags, but it's a global thing. Stocks are down everywhere at the moment. It's the way it goes. Nothing to do with Brexit at all. Is it bollocks. 1000 points in 18 months? Stock Market revolves around faith in the Economy and it's Future Economy. We have no faith in our Economy anymore since the referendum. Thank you Mr Cameron.
At the moment, it seems as though everyone is selling..... "The Nasdaq plunged 3.5% on Friday -- and Amazon is leading the way lower. Amazon (AMZN) shares plummeted 9% after reporting disappointing sales and guidance. Google owner Alphabet also fell sharply on weaker-than-expected revenue. The tech selling spread to the Dow, which fell 500 points, or 2%. The S&P 500 declined 2.8%, joining the Nasdaq in a correction. Both indexes are down more than 10% from record highs. Friday's slide is just the latest in a series of wild moves on Wall Street. The Dow soared 401 points on Thursday, after plunging more than 600 points the day before. A variety of fears have sent stocks into a tailspin this month. The Nasdaq is on track for its worst month since November 2008."
Can't blame all of that on Brexit. |
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Post by Deleted on Oct 26, 2018 16:35:16 GMT
Is it bollocks. 1000 points in 18 months? Stock Market revolves around faith in the Economy and it's Future Economy. We have no faith in our Economy anymore since the referendum. Thank you Mr Cameron.
At the moment, it seems as though everyone is selling..... "The Nasdaq plunged 3.5% on Friday -- and Amazon is leading the way lower. Amazon (AMZN) shares plummeted 9% after reporting disappointing sales and guidance. Google owner Alphabet also fell sharply on weaker-than-expected revenue. The tech selling spread to the Dow, which fell 500 points, or 2%. The S&P 500 declined 2.8%, joining the Nasdaq in a correction. Both indexes are down more than 10% from record highs. Friday's slide is just the latest in a series of wild moves on Wall Street. The Dow soared 401 points on Thursday, after plunging more than 600 points the day before. A variety of fears have sent stocks into a tailspin this month. The Nasdaq is on track for its worst month since November 2008."
Can't blame all of that on Brexit.True Nobby. It's a combination of Trumps illiterate economics and nationalist policies, and the UK destabilising it's own economy and Europe's with equally illiterate economics. |
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Post by Deleted on Oct 26, 2018 16:47:43 GMT
At the moment, it seems as though everyone is selling..... "The Nasdaq plunged 3.5% on Friday -- and Amazon is leading the way lower. Amazon (AMZN) shares plummeted 9% after reporting disappointing sales and guidance. Google owner Alphabet also fell sharply on weaker-than-expected revenue. The tech selling spread to the Dow, which fell 500 points, or 2%. The S&P 500 declined 2.8%, joining the Nasdaq in a correction. Both indexes are down more than 10% from record highs. Friday's slide is just the latest in a series of wild moves on Wall Street. The Dow soared 401 points on Thursday, after plunging more than 600 points the day before. A variety of fears have sent stocks into a tailspin this month. The Nasdaq is on track for its worst month since November 2008."
Can't blame all of that on Brexit.True Nobby. It's a combination of Trumps illiterate economics and nationalist policies, and the UK destabilising it's own economy and Europe's with equally illiterate economics. Nope, it's not those things, although I'm sure you wish it were..... "A week of turmoil on global markets has resulted in more falls today as the FTSE 100 followed US and Asian indices with a dramatic slide in early trading on Friday, sinking to a level not seen for nearly two years. London's blue-chip index of leading shares was down 129.8 points or 1.9 per cent just before the close to 6,874.3 - surpassing the low of 6,921 hit in March this year. It has not been as low since November 2016. But at the bell, it recovered somewhat to finish down 64.54 at 6,939.56. Disappointing results from US tech giants Amazon and Google-parent Alphabet overnight helped trigger falls on Wall Street and in Asian markets overnight that triggered the London market's latest tumble." Oldie - I did notice that you mentioned "Europe's with equally illiterate economics" - Is this to do with the fact that the EU have to sign-off the Italian budget? That a sovereign country has to have it's budget approved by the EU? |
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Post by Deleted on Oct 26, 2018 16:57:49 GMT
To be fair, over the summer all markets have hit record highs. They couldn't stay there. They had to drop at some point. It's the way they work. When you read something has 'dropped 100 points', what the reports don't mention is that they are dropping from a record high. You often read nonsense like '20 billion wiped off the Stock Market today', but you never ever read '20 billion added to the Stock Market today' as they rise again.
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Post by Deleted on Oct 26, 2018 17:26:44 GMT
Italy
Yep, basket case. They need ECB debt support which comes with conditions. Like any bank loan.
I do agree with you however about Stock Indices falling from record highs. I also agree with you about media hyperbole.
But things are getting ugly out there.
Warnings over corporate debt, trade wars initiated by Trump causing slowing Trade volumes. Btw, I laughed out loud this morning when I read that Iran had bought a huge volume of American Soya Bean crop, filling the gap left by the Chinese as a result of these trade wars. You couldn't make it up.
Sooner or later, the USA budget and trade deficits are going to come home to roost. I do wonder who is going to buy Trumps Government bonds now that he has watered off the Chinese.
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Post by Deleted on Oct 26, 2018 18:39:30 GMT
This bit is going well
Check out @thetimes’s Tweet:
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Post by Deleted on Oct 26, 2018 18:52:35 GMT
WTO has 164 members. 20 objected. Do you reckon that the 20 who objected are EU countries by chance?
Can't read the full article as it's behind a paywall.
and just look at the sh**e write-up from the Remainer supporting Times. In the opening sentence, it says "nearly two dozen countries".....No, it is twenty countries, not nearly two dozen !
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