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General Election 2017
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 Hansy  07 Jun 17 10.59am |
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Originally posted by CambridgeEagle
Where do you think all these people will go? Bear in mind the costings incorporate change of behaviour. I would end up paying more in tax if Labour win but I won't be leaving. I'm more likely to leave if Tories win as I value public services and my wife works in the NHS and it's disheartening to see what Jeremy *unt and the Tories have done to it over the last 7 years and the direction of travel they are committing to. On a personal level yes, it is harder to leave. on a business level it is much more convenient to leave or move their HQ across the Irish Sea. You claim to have a economics degree? I can't remember. Surely you can see it will be more beneficial for a business operating within the EU to move to Ireland if the UK are threatening to increase Corp Tax, Personal Tax, Minimum Wage, as well as not having the confirmation of Single Market Access.
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| Hansy 07 Jun 17 11.03am |
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Originally posted by Kermit8
It wouldn't matter if they had told them or not. At border control the EU watch-list would have flagged up once the passport was vetted. But, for some reason, he was let through. Plus we have a Mayor who is more focused on removing Trump's state visit, than calling to remove those that have fought in Syria.
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| Stirlingsays 07 Jun 17 11.13am |
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Originally posted by DanH
I have an economics degree ta. Capital flight will much more likely be caused by market conditions being made less favourable once we leave the EU. Labour seem much more determined to keep us as close to single market access as possible - the only sensible thing for tyring to prevent businesses relocating. You'd be surprised how much capital form businesses and the 5% is already outside the UK anyway. If economic competence were the reason they were awarded you obviously wouldn't have one. If you have one. Hollande had the same fantasy tax dreams. Capital flight is precisely what happens when you raise taxation on the richest without there being sufficient cause for them to stay invested. Edited by Stirlingsays (07 Jun 2017 11.14am)
'Who are you and how did you get in here? I'm a locksmith. And, I'm a locksmith.' (Leslie Nielsen) |
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| Stirlingsays 07 Jun 17 11.16am |
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Originally posted by Hansy
Plus we have a Mayor who is more focused on removing Trump's state visit, than calling to remove those that have fought in Syria. Yep, like most of the left he has no real answers to terrorism other than increasing Police numbers (when it took eight minutes to kill these murderers) and holding hands and singing 'imagine'.
'Who are you and how did you get in here? I'm a locksmith. And, I'm a locksmith.' (Leslie Nielsen) |
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Kermit8  Hevon 07 Jun 17 11.23am |
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Originally posted by Stirlingsays
Yep, like most of the left he has no real answers to terrorism other than increasing Police numbers (when it took eight minutes to kill these murderers) and holding hands and singing 'imagine'. It's amazing isn't it how all those countries around the globe affected by extremist terror who are not beholden to left-wing views have solved the problem yet we can't due to some latte-drinking techies reading The Guardian.
Big chest and massive boobs |
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| DanH SW2 07 Jun 17 11.24am |
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Originally posted by Stirlingsays
If economic competence were the reason they were awarded you obviously wouldn't have one. If you have one. Hollande had the same fantasy tax dreams. Capital flight is precisely what happens when you raise taxation on the richest without there being sufficient cause for them to stay invested. Edited by Stirlingsays (07 Jun 2017 11.14am)
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| Stirlingsays 07 Jun 17 11.25am |
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Originally posted by CambridgeEagle
JP Morgan have already purchased a new HQ building in Dublin and will be moving staff there whatever tomorrow's result. The way to differentiate the UK is to have high levels of skill (invest in education) and good public services (so people want to live here). This requires investment in the economy and in our public services. Not cuts. These things are much more valuable to businesses than a few % difference in CT. Yeah, a few hundred banking staff. They are keeping their feet in all camps. I agree with you to a certain extent about investment but like most things the devil is in the detail and I doubt that we would agree much upon that.
'Who are you and how did you get in here? I'm a locksmith. And, I'm a locksmith.' (Leslie Nielsen) |
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| Stirlingsays 07 Jun 17 11.26am |
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Originally posted by DanH
Then you are rather easily astounded. Not a very useful attribute for a supposed economist.
'Who are you and how did you get in here? I'm a locksmith. And, I'm a locksmith.' (Leslie Nielsen) |
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| Hansy 07 Jun 17 11.27am |
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Originally posted by nickgusset
May's announcement about increasing holding time for suspects is to go fro 14 days to 28 days is in fact a u turn. It was when she was home Secretary that she reduced it from 28 days to 14! This was after Labour MPs defied Blair's planned increase from 14 days (Shortly after 7/7) Edited by Hansy (07 Jun 2017 11.30am)
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| We are goin up! Coulsdon 07 Jun 17 11.28am |
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Originally posted by DanH
The ones that were fully costed, acknowledged to result in higher GDP growth than the Tories by Oxford Economics (albeit keeping debt higher for longer) and would actually result in some much needed investment in infrastructure? What economics qualifications do you have out of interest?
The problem with socialism is that you eventually run out of other people's money. |
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| CambridgeEagle Sydenham 07 Jun 17 11.31am |
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Originally posted by Hansy
On a personal level yes, it is harder to leave. on a business level it is much more convenient to leave or move their HQ across the Irish Sea. You claim to have a economics degree? I can't remember. Surely you can see it will be more beneficial for a business operating within the EU to move to Ireland if the UK are threatening to increase Corp Tax, Personal Tax, Minimum Wage, as well as not having the confirmation of Single Market Access. I believe the biggest benefit to business will be access to skilled labour and being based in a country with high quality public services and infrastructure, which includes things like high speed broadband and 4G/5G available widely. I used to live in Dublin and London is a far superior city to live in and will continue to be the place to live to be near the talent. Minimum wage in Ireland is €9.25 which is higher than it currently is here. But for the kind of jobs that could relocate to Dublin you're really talking about financial services which don't pay too many people minimum wage. Stuff like transport and education is pretty poor in Ireland. You only have to look at countries across to world to see that access to skilled and well treated labour is more important than tax rates in developed economies. Sure corporations will try and dodge it, but this is mainly by having skeleton HQs in low tax jurisdictions and undertaking questionable profit shifting activities, which are very much under scrutiny from the OECD and being closed down. Oh and I can send you a copy of my qualifications if it's at all important! Edited by CambridgeEagle (07 Jun 2017 11.34am)
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| CambridgeEagle Sydenham 07 Jun 17 11.31am |
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Originally posted by Stirlingsays
Yeah, a few hundred banking staff. They are keeping their feet in all camps. I agree with you to a certain extent about investment but like most things the devil is in the detail and I doubt that we would agree much upon that. Office has capacity for over 1000. Loss of jobs still not good news. Edited by CambridgeEagle (07 Jun 2017 11.33am)
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| CambridgeEagle Sydenham 07 Jun 17 11.35am |
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Originally posted by We are goin up!
A pro-austerity economist is certainly a very rare breed these days. We should have you stuffed and put on display.
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| Hansy 07 Jun 17 11.38am |
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Originally posted by CambridgeEagle
I believe the biggest benefit to business will be access to skilled labour and being based in a country with high quality public services and infrastructure, which includes things like high speed broadband and 4G/5G available widely. I used to live in Dublin and London is a far superior city to live in and will continue to be the place to live to be near the talent. Minimum wage in Ireland is €9.25 which is higher than it currently is here. But for the kind of jobs that could relocate to Dublin you're really talking about financial services which don't pay too many people minimum wage. Stuff like transport and education is pretty poor in Ireland. You only have to look at countries across to world to see that access to skilled and well treated labour is more important than tax rates in developed economies. Sure corporations will try and dodge it, but this is mainly by having skeleton HQs in low tax jurisdictions and undertaking questionable profit shifting activities, which are very much under scrutiny from the OECD and being closed down. Those on minimum wage are mostly low-skilled labour. So that won't have a huge impact on businesses moving. Agree that there is a huge difference in terms of city capacity compared to London and Dublin. But if a country potentially sees an increase in investment, they will do what is necessary to get them there. Labour are planning minimum wage to be £10 an hour, Ireland is £8.11 an hour. If we don't gain single market access with Corbyn in charge, it will be much more beneficial for financial businesses to set up Ireland offices as an example. That is why I believe the rates are low, to keep investment and add to it just in case the EU deny us the privilege. Edited by Hansy (07 Jun 2017 11.41am)
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 Cucking Funt Clapham on the Back 07 Jun 17 11.48am |
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Originally posted by DanH
U ok, hun?
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| Lyons550 Shirley 07 Jun 17 11.49am |
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Originally posted by serial thriller
Woah guys. Step back. We have an expert talking. It is depressing that a lot of people think the only reason businesses trade in this country is they can get filthy rich and give nothing back. I like to think we have a bit more to offer, dont we? Relatively stable civil society, great culture, history...do none of these things stop a rich person f***ing off if they have to pay a bit more tax? And even under corbyns proposals, corp tax will be 14% lower than America's. So come on mr business expert, why have they not experienced capital flight? TBF...that does cover 95% of businesses.
The Voice of Reason In An Otherwise Mediocre World |
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| Rudi Hedman Caterham 07 Jun 17 11.50am |
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Originally posted by CambridgeEagle
A pro-austerity economist is certainly a very rare breed these days. We should have you stuffed and put on display. Have a look round the sq mile for thousands more.
COYP |
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| DanH SW2 07 Jun 17 11.53am |
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Originally posted by Cucking Funt
U ok, hun? Always, but thanks for checking bbz.
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| We are goin up! Coulsdon 07 Jun 17 11.54am |
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Originally posted by CambridgeEagle
A pro-austerity economist is certainly a very rare breed these days. We should have you stuffed and put on display. There are many reasons for me to vote Conservative. I'm pro responsible spending and certainly pro investment in the right areas. The idea that the Tories are underspending is frankly a nonsense, they're spending a higher proportion of GDP [Link] than New Labour did. What I'm against is killing off small businesses with hikes in corporation tax, raising the minimum wage and abolishing zero hours contracts. I run a small business and I will have to lay off at least one member of staff if he gets in and I am far from an exploitative employer. Getting quite sick of hearing Corbyn say that people like me are the scourge in our society when I've provided jobs to people. It's really as simple as that. Corbyn does not represent the view that I have of the economy and what I think should be done with it. I'm also pro-Brexit and free trade and want to get those policies through. We can genuinely lift African farmers out of extreme poverty by trading with them, there's currently an obscene tariff on their exports meaning they can't trade with us. We get cheaper food, they get good business and become wealthier (and will one day use our financial services), making their government elites less powerful etc etc. That's another argument I suppose. I have many reservations about Theresa May, but the Conservatives in my eyes are the only option at this election.
The problem with socialism is that you eventually run out of other people's money. |
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