Super-rich prepare to leave UK 'within minutes' if Labour wins election Super-rich prepare to leave UK 'within minutes' if Labour wins election - Page 2
Page 2 of 5 FirstFirst 1234 ... LastLast
Posts 11 to 20 of 49
  1. #11

    Godlike

    Mordac is a fount of knowledge

    Mordac's Avatar
    Join Date
    Jul 2005
    Location
    Civilisation-ish
    Posts
    9,026

    Default

    Quote Originally Posted by Unix View Post
    Not so sure, how many of these super rich are there compared to the working class and low earners. Corbyn is going for that huge swathe of voters.

    The rich control the media though so expect to see them try to destroy Corbyn via fake news.
    There's no need for any 'fake news', the truth would scare the tulip out of most sane people. He'll be ousted within 6 months anyway, for not being a sufficiently useful idiot.
    His heart is in the right place - shame we can't say the same about his brain...

  2. #12

    I Am Legend

    BrilloPad has reached the peak. Play again?


    Join Date
    Aug 2006
    Posts
    104,707

    Default

    Quote Originally Posted by Mordac View Post
    There's no need for any 'fake news', the truth would scare the tulip out of most sane people. He'll be ousted within 6 months anyway, for not being a sufficiently useful idiot.
    He would be ousted as he is the cuddly face of Labour. When MacDonnell takes over it will get worse.

  3. #13

    Godlike

    Mordac is a fount of knowledge

    Mordac's Avatar
    Join Date
    Jul 2005
    Location
    Civilisation-ish
    Posts
    9,026

    Default

    Quote Originally Posted by BrilloPad View Post
    He would be ousted as he is the cuddly face of Labour. When MacDonnell takes over it will get worse.
    As I said previously, we'll be Venezuela without the (mostly) nice weather.
    His heart is in the right place - shame we can't say the same about his brain...

  4. #14

    My post count is Majestic

    d000hg - scorchio!

    d000hg's Avatar
    Join Date
    Dec 2007
    Location
    My house
    Posts
    32,206

    Default

    The super rich will still be super rich under Labour. It's those trying to GET rich who will be scuppered.
    Quote Originally Posted by MaryPoppins View Post
    I'd still not breastfeed a nazi
    Quote Originally Posted by vetran View Post
    Urine is quite nourishing

  5. #15

    My post count is Majestic

    NickFitz has reached the peak. Play again?

    NickFitz's Avatar
    Join Date
    Jun 2007
    Location
    Your local branch
    Posts
    46,682

    Default

    Don’t they say this every time, and it never happens?

    Well, I think Jim Davidson went to Dubai for a bit, but he came back again. More’s the pity

  6. #16

    More time posting than coding

    edison is a permanent contractor


    Join Date
    Aug 2013
    Posts
    334

    Default

    Maybe the super wealthy are right to be worried but I sincerely doubt many of them will leave on day 1. The UK is much too good a tax haven for them and is likely to be for a while yet.

    Unfortunately the real narrative is much more unpalatable. Both main parties are economically incoherent. The irony is that whoever wins the election is likely to have to raise taxes all round in the long term.

    Both main parties are committing to increasing spending. Labour probably won't be able to raise enough tax to meet it's aims and the Tories are going to have a hole somewhere because they position themselves as the low tax, small state party historically.

    This graph from the Telegraph is interesting as it suggests the tax burden (income tax at least) for the rich has continued to rise for almost 40 years when most of that time has had a Tory government.

    Tax burden on the wealthy has trebled since the 1970s, Telegraph analysis shows

    Given marginal tax rates have come down a lot in that time, I assume that's due to the rich paying more tax out of a bigger share of the pie.

    Meanwhile the UK national debt has ballooned by about £640 BILLION since 2010 and as a percentage of GDP it's gone from about 75 to 85%. The ratio of debt vs GDP has hardly changed since 2013. If you exclude the so called PIGS economies (AKA basket cases) like Greece, Italy, Spain and Portugal, only France has a worse level of debt than the UK in the EU of any major country. Yes, the budget deficit has come down in the last three years but we're still running up a budget deficit every single year.

    It's hard to think how anyone can believe the government is economically competent.

  7. #17

    More time posting than coding

    edison is a permanent contractor


    Join Date
    Aug 2013
    Posts
    334

    Default

    Quote Originally Posted by NickFitz View Post
    Don’t they say this every time, and it never happens?

    Well, I think Jim Davidson went to Dubai for a bit, but he came back again. More’s the pity
    I was going to mention Jim Davidson.

    And Phil Collins (who did move), Frank Bruno and various other C list celebs...

    No doubt this will get trotted out again during the election campaign.

  8. #18

    I Am Legend

    BrilloPad has reached the peak. Play again?


    Join Date
    Aug 2006
    Posts
    104,707

    Default

    Quote Originally Posted by edison View Post
    Meanwhile the UK national debt has ballooned by about £640 BILLION since 2010 and as a percentage of GDP it's gone from about 75 to 85%. The ratio of debt vs GDP has hardly changed since 2013. If you exclude the so called PIGS economies (AKA basket cases) like Greece, Italy, Spain and Portugal, only France has a worse level of debt than the UK in the EU of any major country. Yes, the budget deficit has come down in the last three years but we're still running up a budget deficit every single year.

    It's hard to think how anyone can believe the government is economically competent.
    And Boris has promised a spending spree. Magic money tree.....

  9. #19

    More fingers than teeth

    scooterscot is a fount of knowledge

    scooterscot's Avatar
    Join Date
    Nov 2005
    Location
    Anywhere that is not broken Brexit Britain
    Posts
    19,744

    Default

    Quote Originally Posted by ChimpMaster View Post
    You do realise that you'll be out of a job within weeks of Labour winning the election?
    Unemployment is at an all time low. Realistically it matters not who is in power in the next parliament, unemployment can only increase from here on. Of course it'll be convenient if it's a labour government then the opposition can continue their Modus operandi rather than come up with any meaningful debate.
    “We've always defined ourselves by the ability to overcome the impossible. And we count these moments. These moments when we dare to aim higher, to break barriers, to reach for the stars, to make the unknown known. We count these moments as our proudest achievements. But we lost all that. Or perhaps we've just forgotten that we are still pioneers. And we've barely begun. And that our greatest accomplishments cannot be behind us, because our destiny lies above us.”

  10. #20

    Prof Cunning @ Oxford Uni

    WTFH is always on top

    WTFH's Avatar
    Join Date
    Nov 2012
    Posts
    18,205

    Default

    Quote Originally Posted by Mordac View Post
    He'll be ousted within 6 months anyway, for not being a sufficiently useful idiot.
    You think he'll last longer than Boris?
    Moderation means Moderation
    Strong and Stable Moderation

    Get Moderation Done - Unleash Moderator Potential

Tags for this Thread

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •