mr so & so
6:06 Wed Sep 19
Re: Do you trust the BBC?
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No. sick of their bias and correctness. the tipping point to cancelling my licence was lineker
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SurfaceAgentX2Zero
5:26 Wed Sep 19
Re: Do you trust the BBC?
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gph 2:59 Wed Sep 19
'To put it another way, the poorest member of the top 10% is over £100kpa poorer than the poorest member of the top 1%.'
Well, dur....
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Banjo
4:12 Wed Sep 19
Re: Do you trust the BBC?
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I rarely trust any of the media outlets that spew their masters views at an alarming rate. The Beeb, however, I somewhat trust but much too PC and Lesbian for my liking.
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Takashi Miike
3:00 Wed Sep 19
Re: Do you trust the BBC?
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No. They are cunts
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gph
2:59 Wed Sep 19
Re: Do you trust the BBC?
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People often don't realise how sharp income differentials are at the top end - the cut-off point of pre-tax income (subject to income tax - other income disregarded here) to get in the top 1% is £40kpa+ more than the cut-off point of the next 2%.
And over £100kpa more than the cut-off to get in the top 10%.
To put it another way, the poorest member of the top 10% is over £100kpa poorer than the poorest member of the top 1%.
https://fullfact.org/economy/if-politicians-talk-about-rich-always-ask-who-they-mean/
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BRANDED
2:48 Wed Sep 19
Re: Do you trust the BBC?
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Democracy is asset insurance for the rich.
Adam Smith.
The system is created so the prolls dont just come and kill you and steal your shit.
So. If the system lets you make money from assets ( houses, companies, orange juice futures) you rely mostly on the government to offer the security that the gains will occur. Of course private security, insurance, technology etc have all helped but you need the poor to be not too poor.
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Kaiser Zoso
2:43 Wed Sep 19
Re: Do you trust the BBC?
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They did away with surcharges for unearned income though?
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,
2:36 Wed Sep 19
Re: Do you trust the BBC?
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If you had written money you have made rather than money you have worked for it might have sounded better.
The fact is that for most of us taxing people who are making money out of having a lot of money is morally acceptable because they are not seen as working hard for it.
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Westside
2:31 Wed Sep 19
Re: Do you trust the BBC?
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mim, one of my mates is a financial advisor and he assured me that ‘rich’ people pay nothing like 40% tax, that’s a fucking huge myth.
Really?
How come 1% of tax payers, account for over 28% of income tax revenues?
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mashed in maryland
2:28 Wed Sep 19
Re: Do you trust the BBC?
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Hermit Road 1:49 Wed Sep 19
I'm no expert on any of this stuff (if I was I wouldn't be on here discussing it with you peasants) but if one of us were to make a few big lumps of money out of clever investments we'd made over the years, why should we be forced to surrender nearly half of it to the government in order to cover their bad money management?
Weird how in some people's eyes its somehow unreasonable or malicious to want to keep as much of what you've worked for as possible.
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BRANDED
2:27 Wed Sep 19
Re: Do you trust the BBC?
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When Marxist Corbyn gets elected his supporters will get a massive sense of satisfaction when he whacks that tax up. They’ll get a rush of adrenaline from sticking it to ‘the rich’, and then, like all good highs will come the low. The lows of a shrinking economy and lower tax revenue. It’s going to be an almighty whack of smack in every lefty arm followed by the nastiest of nasty comedowns.
But. They havent actually said that.
Anyway. What the fuck does a poor person care? If you are poor you're poor.
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Kaiser Zoso
2:27 Wed Sep 19
Re: Do you trust the BBC?
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Winstone, do yourself a favour and stop taking what 'mates' tell you as the definitive answer on things.
I’m well aware that there are tax avoidance schemes in existence. I’m well aware that this might help reduce the effective rate of tax a taxpayer suffers. But basing your whole outlook on taxation in the UK on your financial advisor mate's idiotic generalisation is simplistic nonsense.
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Hermit Road
2:23 Wed Sep 19
Re: Do you trust the BBC?
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Winston. When all that wealth disappears, so will the tax we currently get from it. Otherwise known as socialism or as Maggie put it, ‘the trouble with socialism is that eventually you run out of other people’s money’
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Nurse Ratched
2:18 Wed Sep 19
Re: Do you trust the BBC?
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Winston 11:15
How convenient for your argument.
Alternative interpretation: you're a desperate liar.
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ray winstone
2:15 Wed Sep 19
Re: Do you trust the BBC?
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KZ, before you make such ridiculous generalisations why don't you read up on wealth management, it might enlighten you on the subject....
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Kaiser Zoso
1:58 Wed Sep 19
Re: Do you trust the BBC?
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one of my mates is a financial advisor and he assured me that ‘rich’ people pay nothing like 40% tax
Does he wear yellow trousers and two foot long red shoes, and have a big round red nose on a bit of elastic?
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Hermit Road
1:49 Wed Sep 19
Re: Do you trust the BBC?
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ray winstone 11:15 Wed Sep 19
That’s true. High earners pay 40% on their income but the very rich aren’t earning their money from a salary like the rest of us, they’re earning it from investments.
The line any government has to tread when taxing investments is to set the tax at a level that doesn’t drive that investment away. Whilst it plays well to the choir that you should tax the gains on that investment at a high level, if you set it too high people either don’t take the same risks so investment dries up, or they invest elsewhere. In numbers, the last year of the last Labour government receipts for, this tax were 2.5 billion. In the last 3 years of this government they’ve bee; between 7 and 8 billion each year. That’s a lot of extra money from ‘the rich’ that goes to schools, hospitals etc.
When Marxist Corbyn gets elected his supporters will get a massive sense of satisfaction when he whacks that tax up. They’ll get a rush of adrenaline from sticking it to ‘the rich’, and then, like all good highs will come the low. The lows of a shrinking economy and lower tax revenue. It’s going to be an almighty whack of smack in every lefty arm followed by the nastiest of nasty comedowns.
Then we will all be capitalists agains and start all over with the rebuild.
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BRANDED
11:35 Wed Sep 19
Re: Do you trust the BBC?
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oh, and on that note
Netflix has purchased the streaming rights to Bodyguard -- a six-part BBC One series that has been raking in viewers in the UK. The show had a strong premiere, drawing in 10.4 million viewers, which is the highest launch figure for any new drama on any UK channel in the last 12 years.
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BRANDED
11:28 Wed Sep 19
Re: Do you trust the BBC?
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Thing is.
Someone said they prefer Netflix. But Netflix is chocablock with lefty documentaries.
I could understand if they liked Fox and were desperate for a right wing slant on everything.
That said I would much prefer the BBC to be 100% independent of government and not to be managed by posh public school boys.
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BRANDED
11:26 Wed Sep 19
Re: Do you trust the BBC?
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Individuals in the UK:
Up to £11,850 no one pays tax
on earnings from £11,850 to £46,350 people pay 20% tax
on earnings from £46,351 to £150,000 people pay 40%
On earnings over £ 150,000 they pay 45% tax
Rich people also have capital gains which is one of the great benefits of being rich. This is very beneficial when their assets go up in value. Like several houses, fine art, fine wine, antiques, vintage cars and of course stocks and shares.
Holding anything in tax havens means not paying UK tax even if you have gained from the jurisdiction. Also the particularly low interest rates for borrowing more money to make more money.
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Coffee
11:25 Wed Sep 19
Re: Do you trust the BBC?
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GreenStreetPlayer 11:13 Wed Sep 19
Overall, I'd say their reporting is reasonably balanced. What is not so balanced is their editorial choice of which stories to cover, and how often. Women's football and gay marriage immediately come to mind. In a real way, that helps to set the national agenda.
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