Umbrella companies to be abolished

[Hobosapien]

Citizens Income will solve all that.

Just got to tax the robots and computers to pay for it all.

[Smartie]

Citizens Income will solve all that.

Just got to tax the robots and computers to pay for it all.

We'll have to do exactly that at some point and probably in the next few years.

If corporations own both the capital and the means of production, then no-one gets paid and no-one can afford the goods/services that the corporation produces.

[Addanc]

We are at the end of the current economic cycle, we have massive debt, and brexit is about to begin. All parties will have to tighten spending and raise taxes...

Bollocks The only principle to come out of the pseudo science of economics with any real world data to back it up is the Laffer curve; I would disrespectfully suggest that if taxes go higher their is a high probability that tax take will reduce (companies move elsewhere, people reduce their economic effort, etc); with a debt of 1.7 trillion (a mind boggling large sum) tinkering with taxes in attempt to increase revenue will not even clear the deficit by the end of the next Parliament. The next Government needs to spend less (cancel HS2, cull the Quangos) and go for growth (reduce taxes to encourage business).

[DimPrawn]

We are at the end of the current economic cycle, we have massive debt, and brexit is about to begin. All parties will have to tighten spending and raise taxes. You've never had it so good. Hope you made the most out of it while the sun was shining.

I've bought 50 BTL properties, 1/4 Tonne of gold, 2000 BitCoins and shares in every company on planet. I think I made the most of it.

[scooterscot]

Umbrella's should be abolished as should one man Ltd. Instead introduce cash accounting, plenty simple.