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The storming of the Capitol building in DC – US polling reaction – politicalbetting.com
The storming of the Capitol building in DC – US polling reaction – politicalbetting.com
Even as they widely condemn the violence at the Capitol, Americans say there could be more in the days to come; for most Americans, what happened last week is described as insurrection and an attempt to overthrow the government (CBS News) Details: https://t.co/A3FW1sxWZA pic.twitter.com/pVVIH0teZl
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To infinity and beyond....
https://twitter.com/DarrenEuronews/status/1350063812523810816
https://twitter.com/DarrenEuronews/status/1350063947140001792
SFF letter to PM: “You and your Government have spun a line about a 25% uplift in quota for the UK, but you know this is not true, and your deal does not deliver that...”
https://www.sff.co.uk/letter-to-prime-minister-from-sff-chief-executive/
Basically Boris Johnson has treated (Scottish) Fisherman with all the fidelity he gave to his wives.
https://en.wikipedia.org/wiki/2020_United_States_presidential_election
Irish trainers face having to pay VAT on the value of horses they bring to Cheltenham, so face million pound bills even though they will get it back later.
https://www.racingpost.com/news/members/latest/mullins-fears-colossal-cheltenham-vat-costs-as-he-tests-uks-new-travel-waters/468292 (£££)
Cheltenham is in mid-March so that is two issues that need to be solved -- VAT and the Covid vaccination and/or quarantine status of Irish staff.
UK also has 20+ million doses of AZN ready to bottle.
Deaths per million population
Netherlands: 745
UK: 1,263
And on top of all that, when things are back to "normal" and SKS stands up at PMQs and challenges the Cons, BoJo only has to ask why, if the Cons are so bad, he voted with the government on every single critical issue of the past year and a half.
Currently you get - 1000 + x , all paid by your job. Y is sent to the government.
UBI - 1000, your job pays you x. Y + 1000 is sent to the government.
This is only one of a number of ways of dealing with the employed situation for UBI systems.
If the Tories can show by GE2024 that Brexit has been smoothed and normalised, that they're doing the right things by their voters, are on the road to full recovery and with a plan (which won't be finished by then) to get there, with people still unsure of Labour, they will win.
But, they could screw it up (majorly), Starmer could get the whole Labour movement singing in unison and peeling off soft Tories, and there's the massive elephant in the room of the Union too.
It's an open goal for both, IMHO, but right now I'd say Labour is simply too far behind and damaged to be on an equal footing, so the Tories have definitely got the ball.
Frost and Johnson put the whole UK trade deal on the line for weeks over fish, and fought as hard as they could - we even discussed it on here and the prospect of the whole thing collapsing due to fish.
They might have been able to squeeze it up to 30-35% with one hell of an effort but there was a never a deal to be done any higher than that. So they have got a big increase in several species and they've got lots of extra funding to help too.
I think some (not all) of their criticism is unreasonable.
If you remove the tax free allowance altogether they wouldnt be paying 1075 tax they would be paying 275 tax
What's the elevator pitch?
You could think of it as 100% tax on the first £UBI of salary.
So no net effect on the employed person. The money that would have ended up in their bank account will just come from 2 sources.
https://www.youtube.com/watch?v=iWIUp19bBoA
If you do this properly you merge everything into one. You have just a single UBI (possibly supplemented per child and any other supplementaries getting added to the base figure, like how your tax-free allowance can be adjusted today) and just a single tax rate on any earnings that you have. So it isn't just the tax on Income Tax you need to account for but the tax on National Insurance too.
If someone is earning £12,500 then they should get the UBI plus be taxed on the entire £12,500 with whatever their appropriate tax rate is. If we were to have a 33% tax rate (for Income Tax and NI combined) then that individual would be paying £4,125 in tax.
Currently that individual pays £360 in National Insurance, £0 in Income Tax per annum.
So you could make a UBI of £3,765 without affecting tax rates, giving any extra income to anyone, having any savings, having any growth or anything else. The rest would need to be funded.
Of course by doing this as well anything currently exempt from paying NI (like the elderly that get away without paying it) would now get caught up in NI. As they should.
https://www.reuters.com/article/health-coronavirus-pfizer/update-1-pfizer-to-reduce-vaccine-deliveries-to-europe-says-norway-idUSL8N2JQ2VB
20-50% cut in Pfizer deliveries for the next month and a bit for EU countries, and possibly also a trim on the UK allocation. Good job we have already rolled out the Oxford vaccine.
https://twitter.com/guardiannews/status/1281670701905305600
I don't think he cucked the fishing people to that level.
Question One: Does it involve paying the EU any money?
The point of a UBI scheme (for me at least) is to do away with the iniquity of the fact that currently those on benefits face an effective 85% tax rate if they earn more due to the removal of benefits. By making the benefits universal and fixing the tax system instead they would be just paying tax rather than paying tax and losing benefits at 73% of whatever they earn post-tax.
If you introduce a 100% UBI tax on low earners then it becomes pointless to earn. Which is the problem that is supposed to be getting fixed by having a UBI in the first place.
The difficulties for all English parties is that they have all coalesced around a policy supporting Brexit, massive state spending, infrastructure investment, a Green economy etc etc.
The only things left argue about are how many Union Jacks should be displayed in conference calls.
The dog was most put out, but lived.
Oh how we laughed. But he did say that was the sort of thing a closer arrangement with the EU might mean.
What times.
Personally I have no problem paying into joint schemes.
Feel free to point out the error in my calculations of what the required tax take would be in the previous thread. Yes I left out ni in calculating but that would only make a difference of 0.12*12500*51,000,000 so subtract another 76 billion of the almost trillion tax take the government would need taking it down to about 880 billion and reducing the extra tax needed to be raised on people to 290 billion on top of the 194 billion it currently takes off them
My post isn't related to me working in the financial services and insurance industry.
HONEST.
Not all hope is lost about everyone in the the GOP yet.
Trump really is the American Corbyn. Once he's gone even the majority of Republicans will want to be moving away from him as fast as they can I expect.
Which means it may have got better, worse, or be stable!
Would be a supreme effort given much of the north and Scotland got hammered by heavy snowfall yesterday.
More snow to come tonight, across the Pennines again but also into the South East and East Anglia. Be interested to see if we southerners can cope as well!
Of course she isn't pregnant at 99, but when we get to the 40-50 year old its an entirely valid question, and surely easier to just ask everyone.
Will you be the first vaccinated PBer?
For instance if you give a UBI of £10000 but expect those that are earning £30000 to be net contributors to the tax base you need a tax rate of 50% just to cover UBI before anything else.
Now you could set UBI at £5000 but that is less benefit than even a single 23 year old male would receive over a year.
No, the improvement is the efficiency savings and the reduction in marginal tax rate for them to earn more is the real winner.
Currently people who are on UC pay a marginal tax rate of 85% on everything they earn. By reducing that to 33% you eliminate the "it isn't worth working" effect and get people to choose to earn more of their own volition. Since they're choosing to earn more, the UC you're currently paying is effectively reduced when they earn more reducing the burden on the state - and they pay 33% of what they earn extra instead of 85% of nothing in marginal tax.
You eliminate the "I only want to work 16 hours or I'll lose my benefits" mentality that the benefits system creates and help the poorest not by giving them more UBI, but by enabling them to earn more and keep what they earn instead of taking it away in reduced benefits.
inheritance tax rather than income tax. I believe that all humans today shoudl have some natural inheritance from past society but many do not and it is random depending on wishes of (now) dead people . So increase inheritance or related taxes like wealth and gift tax and say the UBI bit is the universal inheritance
Not that I doubt it of course.
However, people are getting jobs that pay little or more than benefits. Why? The simple answer is that they hope to get a better job.
A UBI isn't about necessarily giving people more money. It is about providing absolute stability to a basic level of income.
https://twitter.com/kyledcheney/status/1350093488508035073
What ethical reason is there to charge people a real marginal tax rate of 85%? Let alone the poorest of society?
Though your maths are flawed. At a 50% tax rate you would need to be earning £20,000 to be a net contributer to the tax base.
Personally figures from the air I would suggest a £1000 per month UBI, with a 40% tax rate, increasing to 50% after £100k per annum. No National Insurance, no exceptions.
That would mean someone not earning would get £12,000 UBI. Someone earning £30k would pay £0 tax and get £0 in benefits, anyone earning under £30k per annum would be a net recipient, only those earning over £30k would be net contributers. All incomes including pensions are taxed at the full rate.
Much of the media coverage and political positions adopted since the Brexit vote has viewed the prospect of leaving the EU as being negative – bad for business, bad for the economy and bad for stability.
But for Scottish fishing, nothing could be further from the truth. Brexit provides a once in a lifetime opportunity to restore normality and give our industry a real chance to prosper once again.
...
make no mistake, the size of the prize is enormous, and if the right deal is reached on Brexit, it will turn us back into a world-class seafood harvesting and exporting country.
2021:
This industry now finds itself in the worst of both worlds. Your deal leaves us with shares that not only fall very far short of zonal attachment, but in many cases fail to “bridge the gap” compared to historic catches, and with no ability to leverage more fish from the EU, as they have full access to our waters. This, coupled with the chaos experienced since 1st January in getting fish to market means that many in our industry now fear for their future, rather than look forward to it with optimism and ambition.
They were as dumb as the DUP, weren't they?
https://www.sff.co.uk/brexit-great-opportunity-scottish-fishing/
https://www.sff.co.uk/letter-to-prime-minister-from-sff-chief-executive/
https://www.belfasttelegraph.co.uk/news/brexit/poots-in-storm-as-michael-gove-warns-irish-sea-brexit-border-chaos-will-get-worse-39949304.html