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Ten years on – politicalbetting.com

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  • MarqueeMarkMarqueeMark Posts: 54,420

    Point of order

    I think it is Sue Gray
    Fifty shades of spelling?
  • viewcodeviewcode Posts: 24,128

    Can't remember who was looking for old comments, but this might help

    Go to the user's comment page and add ?Page=p2 to the url, like

    https://vf.politicalbetting.com/profile/comments/BlancheLivermore?Page=p2

    And change the number at the end to get the page of comments you want to see

    It was I. Thank you for the useful tip.
  • bondegezoubondegezou Posts: 13,572

    The 25% is the suggested number of millionaire pensioners and I did not say 75% needed the WFA but many millions do

    The poorest pensioners are still getting the WFP. So, we’re talking about a slice of pensioners who get too much to be covered by pension credit, but for whom the payment will make a difference. You get pension credit if your income is less than £11.3k… if you’re single; different rules for married couples; housing benefit and some other benefits not included in the income calculation; there’s a higher threshold if you are disabled or caring; certain housing costs are additionally covered; etc.

    So, the question is, do pensioners (without disabilities and not in a caring role, with no additional housing costs) who get £12k a year need WFP?
  • AnabobazinaAnabobazina Posts: 23,795

    Mandy Rice Davies springs to mind
    A typically weak response from you.

    Which part of my post is wrong?
  • SandpitSandpit Posts: 56,022

    Am I the only one on PB that thinks this is all confected outrage, the tickets and the frocks?

    Sir Keir gets free tickets for Arsenal from Arsenal FC. These are not at taxpayers' expense. So what? Ditto Taylor Swift gigs.

    Lady Vic gets free frocks (which she wears in her public capacity as first lady) from a longstanding Labour donor who would otherwise sink that money into Labour's general coffers. These frocks are not at taxpayers' expense. Again, so what?

    It is true that Sir Keir declared the latter late, but he did declare them and – and this is a key point that seems to have been lost – did so before any media interest, once he realised that they should have been declared.

    It's just a more glamorous version of Donkeygate. A whole load of wup.
    Given that there’s a Football Governance Bill potentially about to make its way through Parliament, keeping a careful eye on MPs and especially ministers accepting hospitality from anyone involved in football is what any good journalist should be doing.

    Expensive clothing etc just looks bad, there’s much better ways of doing this as suggested above - get UK designers to dress Lady Starmer, and lend her the clothes in exchange for the publicity.
  • carnforthcarnforth Posts: 5,647

    Does anyone have any high quality canned soup recommendations?

    I've decided on canned soup as my best form of hot sustenance during my upcoming walk through the wilds of Wessex

    I've bought a couple of little camping gas cannisters with an attachment to make them a gas 'hob'

    Heating up soup in cans mean I can save my mess tin for boiling water for coffee in the mornings

    I'm definitely getting a tin or two of Baxters Cullen Skink, it's £3.90 in Waitrose

    https://shop.baxters.com/products/cullen-skink

    Avoid the "Elsinore" brand of seafood soups in Waitrose. So salty I couldn't even finish it. And I like salty food.

    Baxters Lobster Bisque is decent.
  • AlanbrookeAlanbrooke Posts: 25,779

    So what? I seek not to hold the common view, but the right one.

    The only rule he 'broke' was declaring Lady Vic's frocks late – but rectified this once he realised the error.

    The fact that Big G, the bloke on the internet, got out of bed the wrong side one morning and started clutching his pearls is irrelevant.
    Seems a bit pervy to let another man dress your wife
  • So what? I seek not to hold the common view, but the right one.

    The only rule he 'broke' was declaring Lady Vic's frocks late – but rectified this once he realised the error.

    The fact that Big G, the bloke on the internet, got out of bed the wrong side one morning and started clutching his pearls is irrelevant.
    You are simply wrong on trying to defend the indefensible and personal insults do not help your case, not least because I am grateful to still get out of bed In the morning in view of my health issues
  • boulayboulay Posts: 6,083

    A key point which many PB Tories can't seem to grasp.

    Funny old world.
    Do we know for sure that Starmer wasn’t wanting to keep the WFA and, after the donor gave the money he also told Starmer that he wants to see WFA cut?

    Now it’s clearly very unlikely but the fact is that if the PM is receiving freebies then he is open to charges of undue influence in return for freebies. If his response is that the value isn’t enough to risk swaying his mind then it’s not enough to need others to pay it.
  • AlanbrookeAlanbrooke Posts: 25,779

    A typically weak response from you.

    Which part of my post is wrong?
    That big fetid smell of hypocrisy
  • kinabalukinabalu Posts: 44,627
    edited September 2024
    MJW said:

    No army can 100% know that there won't be collateral damage to its actions, only mitigate the risk, especially when it's fighting an enemy that deliberately embeds itself in the civilian population. The question under international law is, can the risk (sometimes high to certain) be justified as proportional to the aims? If an army or terror group are using civilians as cover for attacks, then that is very much their war crime - not the response.

    As Hezbollah has been endlessly firing rockets at Israel, themselves killing innocent people, and threatening worse, there's clearly an argument that it is proportionate - especially when you consider that the alternative means of inflicting this much damage on Hezbollah would likely be far more devastating to civilians.

    At times it seems lots of people are determined to condemn Israel for existing and fighting back against enemies who wish to destroy it - and have little concern about the blood spilt doing so among their own people - whatever they do.

    Find a way to specifically target Hezbollah members - outrage. Conduct missile strikes to hit Hezbollah - also outrage. Ground invasion - also outrage. Just what is it Israel is supposed to do? Sit back and accept rockets raining down on its northern cities and towns permanently?

    For example we practically levelled Mosul to destroy ISIS, killing thousands of civilians - but there were few complaints as it was generally understood that the threat of ISIS remaining in Iraq and potentially recovering to carry out its atrocities was so great that it had to be done, despite the cost in civilian life.

    You'd add that if a Hezbollah fighter has his baby in his arms and they are harmed, that's very much on him for being a Hezbollah fighter. You don't get to be a terrorist target innocent people with your attacks, go back to your family and cry because targeting you might put your own family at risk. You chose to be a terrorist. Those are the consequences.
    Ok but then you have ongoings like the brutalities in the West Bank and the collective punishment meted out to the population of Gaza. Targeted Israeli actions such as this one aren't serving as alternatives to all that, are they. It's both.

    And the motive/consequences here. Is it defensive or to escalate towards a regional war? Whose interests are being furthered, Israel's or Netanyahu's? Hezbollah have been humiliated, yes, but haven't the US also been? How long can an 'all funding no leverage' situation go on for?

    Little to celebrate here, as far as I can see, other than the technical prowess of the operation.
  • AnabobazinaAnabobazina Posts: 23,795

    Seems a bit pervy to let another man dress your wife
    Moronic post. She's dressing herself you twit. Alli provided the funding for her wardrobe.
  • kinabalukinabalu Posts: 44,627

    Seems a bit pervy to let another man dress your wife
    So long as he doesn't undress her.
  • FF43FF43 Posts: 17,851

    Starmer has accepted £100,000 for clothes, glasses, football and concert tickets from a fellow millionaire whilst claiming he will be different and rejects sleaze and cronyism

    It is unacceptable and hypocritical of him, and frankly where is his pride as so much more was expected of him and now the great British public reject his freebies by 62% to 13%

    I am also very surprised as an Arsenal supporters he hasn't been a season ticket holder for years - after all I am not a millionaire but I had a Manchester United season ticket for decades
    Nevertheless persons associated with the Conservative Party stole £15 billion from the state in corrupt Covid deals. Someone buying a couple of frocks for Mrs Starmer and match tickets for the Leader of the Opposition is two orders of magnitude less corrupt.

    https://www.theguardian.com/politics/article/2024/sep/09/tory-covid-contracts-worth-15bn-had-corruption-red-flags-study-finds
  • AnabobazinaAnabobazina Posts: 23,795
    edited September 2024

    You are simply wrong on trying to defend the indefensible and personal insults do not help your case, not least because I am grateful to still get out of bed In the morning in view of my health issues
    I made no personal sleight at you and hope your health improves – that was not the point of my post, as I hope you know. But, you have decided to become outraged by a trivial matter – "bloke declares wife's gifts late but then rectifies the error". That's it.

    P.S. you're writing "you are simply wrong" doesn't make me so. Engage with my points: what part of my OP was wrong? Go ahead...
  • AnabobazinaAnabobazina Posts: 23,795

    That big fetid smell of hypocrisy
    Which is what?
  • kyf_100 said:

    I could bore you about CGT ad infinitum, suffice to say

    1. It's a disincentive to investment. From a betting perspective, if you flip a coin for £10, you gain £10 if you win and lose your £10 if you make the wrong call. Add in CGT at 20% and it's a gain of £8 vs a loss of £10, so the risk/reward is skewed. Now consider CGT at 45%. Heads I win £5.50, tails I lose £10. This has real world effects on investment - I've already declined a six figure investment in a promising startup in anticipation of a 45% rate, because the risk/reward is too unbalanced.

    2. Around 50% of disposals are for £5m or more, meaning most will be clobbered by a 45% rate. Let's say you have a gain of £2m. You might not want to take the kids out of school or quit your day job to avoid the current £400k tax bill. But at 45% you could fly to Dubai, dispose of the asset, and pay 0%. Meaning you could spend 200k a year for the next 5 years without working and still be up on paying tax in the UK.

    3. The rich already pay into the Uk coffers disproportionately, it's oft cited that the top 1% of taxpayers account for ~27% of all treasury income. They get little for it, and we live in a globalised market for talent now. I've worked abroad twice in my lifetime and would do so again. Add in the fact that many working in London and our top industries were born elsewhere, have an EU passport, or are married to a non UK citizen and the whole 'stay and pay your taxes in 'your' country' argument gets very thin very quickly.

    A 45% CGT rate would be one of the highest in the entire world, and would lead to a dramatic reduction in investment as demonstrated by point (1), while encouraging the globally mobile rich to leave due to points (2) and (3), disproportionately affecting the treasury's coffers. HMRC themselves have said that raising the current CGT rates more than 5% (so from 20% to 25% or 24% to 29% for property) would be net negative to the exchequer.

    It's pure unalloyed madness from an economic perspective, and if Labour do it, it will be one of the greatest acts of economic self harm the country has ever witnessed. Even if you don't pay CGT yourself, the knock on effect in terms of reduced jobs in the economy, particularly in start ups and tech, will lead to a brain drain that the UK would take many, many years to recover from.
    (1) can’t you use EIS or SEIS?
  • SelebianSelebian Posts: 9,243

    On this I rather feel sorry for Starmer. He will need his security team around him, as a sad fact of modern life. How then does he get to watch Arsenal? In his season ticketed seat? Logistics seem to mitigate against that. So the club steps in and he gets 'free' hospitality. And then is portrayed in a negative light for wanting to engage in his hobby of watching Arsenal.
    The obvious thing would seem to be that he pays for
    CatMan said:

    Was wondering for a sec why there were Russian tanks in Scotland
    I also think that Scotland needs a period of stability - and ideally not under Russian or Ukrainian control - before having another referendum :smile:
  • Big_G_NorthWalesBig_G_NorthWales Posts: 65,002
    edited September 2024
    FF43 said:

    Nevertheless persons associated with the Conservative Party stole £15 billion from the state in corrupt Covid deals. Someone buying a couple of frocks for Mrs Starmer and match tickets for the Leader of the Opposition is two orders of magnitude less corrupt.
    https://www.theguardian.com/politics/article/2024/sep/09/tory-covid-contracts-worth-15bn-had-corruption-red-flags-study-finds
    This argument seems to be your lot were worse but then Starmer stood on honesty and integrity and receiving £100,000 for goodies and freebies is simply inappropriate and certainly is not acceptable to the public according to the polls
  • MalmesburyMalmesbury Posts: 54,076

    Quite so. G's was yet another low-information post. Similar to the odious Sarah Vine who suggested he should "just watch the games on telly like everyone else". I submit that she knows sweet FA about football and even less about proper football fans, you know, the people who actually attend matches.
    What do other countries do?
  • kinabalukinabalu Posts: 44,627

    Moronic post. She's dressing herself you twit. Alli provided the funding for her wardrobe.
    I think what Alan is saying is that a real alpha man dresses his own wife - so Keir is being a bit of a beta cuck here.

    Fwiw I find the expression that a man should 'dress his own wife' to be a piece of old school patriarchal yuck.

    It's a 'woman as possession' sentiment.
  • So what? I seek not to hold the common view, but the right one.

    The only rule he 'broke' was declaring Lady Vic's frocks late – but rectified this once he realised the error.

    The fact that Big G, the bloke on the internet, got out of bed the wrong side one morning and started clutching his pearls is irrelevant.
    This is whether he broke the rules. It’s whether he *ought* to have taken the gift
  • Seems a bit pervy to let another man dress your wife
    It's as creepy as hell, and it's only not corruption because politicians make the rules about what constitutes corruption in politicians. We don't let judges or policemen or planning officials have their wives dressed up by other people.
  • bondegezoubondegezou Posts: 13,572
    kyf_100 said:

    I could bore you about CGT ad infinitum, suffice to say

    1. It's a disincentive to investment. From a betting perspective, if you flip a coin for £10, you gain £10 if you win and lose your £10 if you make the wrong call. Add in CGT at 20% and it's a gain of £8 vs a loss of £10, so the risk/reward is skewed. Now consider CGT at 45%. Heads I win £5.50, tails I lose £10. This has real world effects on investment - I've already declined a six figure investment in a promising startup in anticipation of a 45% rate, because the risk/reward is too unbalanced.

    2. Around 50% of disposals are for £5m or more, meaning most will be clobbered by a 45% rate. Let's say you have a gain of £2m. You might not want to take the kids out of school or quit your day job to avoid the current £400k tax bill. But at 45% you could fly to Dubai, dispose of the asset, and pay 0%. Meaning you could spend 200k a year for the next 5 years without working and still be up on paying tax in the UK.

    3. The rich already pay into the Uk coffers disproportionately, it's oft cited that the top 1% of taxpayers account for ~27% of all treasury income. They get little for it, and we live in a globalised market for talent now. I've worked abroad twice in my lifetime and would do so again. Add in the fact that many working in London and our top industries were born elsewhere, have an EU passport, or are married to a non UK citizen and the whole 'stay and pay your taxes in 'your' country' argument gets very thin very quickly.

    A 45% CGT rate would be one of the highest in the entire world, and would lead to a dramatic reduction in investment as demonstrated by point (1), while encouraging the globally mobile rich to leave due to points (2) and (3), disproportionately affecting the treasury's coffers. HMRC themselves have said that raising the current CGT rates more than 5% (so from 20% to 25% or 24% to 29% for property) would be net negative to the exchequer.

    It's pure unalloyed madness from an economic perspective, and if Labour do it, it will be one of the greatest acts of economic self harm the country has ever witnessed. Even if you don't pay CGT yourself, the knock on effect in terms of reduced jobs in the economy, particularly in start ups and tech, will lead to a brain drain that the UK would take many, many years to recover from.
    If you flip a coin for £10, how has the UK economy benefitted? Has productivity increased? No. You got lucky. If I earn £10 through hard work, I have to pay tax on my income. You, fecklessly gambling, don’t. Is that fair?

    So, I don’t think your coin flip is the best example! Presumably you think most CGT gains involve thoughtful investment, not random chance. I would guess it’s a mix of both. We need investment and should encourage investment, but we shouldn’t go easy on people who’ve made money through luck while expecting those in work to pay. I don’t know what the solution is there, but I found your post one-sided.
  • AnabobazinaAnabobazina Posts: 23,795
    boulay said:

    Do we know for sure that Starmer wasn’t wanting to keep the WFA and, after the donor gave the money he also told Starmer that he wants to see WFA cut?

    Now it’s clearly very unlikely but the fact is that if the PM is receiving freebies then he is open to charges of undue influence in return for freebies. If his response is that the value isn’t enough to risk swaying his mind then it’s not enough to need others to pay it.
    I mean, Sunak could have been told to cut HS2 by the person who gave him free seats to watch Soton at St Mary's.

    That could be the case.

    But it's not very likely, is it?

    Are we saying that no MPs should ever accept gifts, hospitality under any circumstances? And, if so, would you extend this rule to all other jobs and professions where corruption of some kind could hypothetically be an issue?

    The whole point of declaring the gifts is so it's transparent to the public.
  • MattW said:

    I just looked up the 1920s Pathe footage. I'm surmising this is perhaps where he got it from.

    So it looks genuine, albeit probably a cockup at the time.

    https://www.britishpathe.com/asset/118925/
    As an aside to the German helmets in British roads story, after the First World War, a number of German fighter planes were given to British schools (sans machine guns, one imagines).
  • MalmesburyMalmesbury Posts: 54,076
    Sandpit said:

    Given that there’s a Football Governance Bill potentially about to make its way through Parliament, keeping a careful eye on MPs and especially ministers accepting hospitality from anyone involved in football is what any good journalist should be doing.

    Expensive clothing etc just looks bad, there’s much better ways of doing this as suggested above - get UK designers to dress Lady Starmer, and lend her the clothes in exchange for the publicity.
    A part of the enthusiasm for big finance for football is the access it creates. Politicians pretty much *have* to listen to the big club owners.
  • A key point which many PB Tories can't seem to grasp.

    Funny old world.
    And there is a decent argument that she *should* have an allowance.

    She’s not an employee or in a public role, but will incur additional costs when acting in her capacity as the PMs wife. It’s reasonable that the state should pay
  • kyf_100kyf_100 Posts: 4,953

    (1) can’t you use EIS or SEIS?
    There are quite a few of these schemes about, they all come with strings attached and affect how your company is allowed to be structured. The one you're referring to is more for companies than individual investors, although it does offer tax perks for investors. The big one is entrepreneur's tax relief, but this was reduced from £10m to £1m by the last government and I wouldn't be surprised to see it completely abolished - I certainly wouldn't be betting on it being there if making a disposal in 5 years time. I know people who have already left for Dubai due to being over the £1m limit.
  • I made no personal sleight at you and hope your health improves – that was not the point of my post, as I hope you know. But, you have decided to become outraged by a trivial matter – "bloke declares wife's gifts late but then rectifies the error". That's it.

    P.S. you're writing "you are simply wrong" doesn't make me so. Engage with my points: what part of my OP was wrong? Go ahead...
    The test of opinion on this was the yougov poll which effectively said 62% wrong 13% right so yes you are out of step with public opinion
  • kinabalu said:

    I think what Alan is saying is that a real alpha man dresses his own wife - so Keir is being a bit of a beta cuck here.

    Fwiw I find the expression that a man should 'dress his own wife' to be a piece of old school patriarchal yuck.

    It's a 'woman as possession' sentiment.
    Perhaps she should dress herself? But the sentiment expressed by Lammy that she has to dress up for the good of the country seems to reduce her to chatteldom.
  • DavidLDavidL Posts: 55,099
    edited September 2024
    Blimey, 10 years. How time flies when you get older. My memories of that day are still vivid. Nothing political in my entire life has come close to being so significant and so anxious.

    I think Salmond contrived the optimal circumstances for Yes. He had a Tory PM who was (inevitably) unpopular in Scotland. He had Better Together led by Alastair Darling who could not bring himself to say very much that was positive about a UK led by a Tory PM reliant on English seats. This made the Better Together campaign excessively negative with warnings about how bad things would be rather than proclaiming a successful union out of which Scotland has done extremely well. There was still a lot more oil in the North Sea and at that time, at least, there was no hesitation in extracting it.

    Few of these positives are now available to the SNP but it does have to be recognised that Scotland feels a lot less a fully functioning part of the UK than it did in 2014. More and more of our governance is determined in Holyrood and the steps taken after the Referendum accentuated that. Even to me as a die hard Unionist so many of the stories about what is happening in Westminster seem of no obvious relevance to us.

    The Union needs some attention and some love. Occasional, half hearted attempts to rebrand the UK government in Scotland didn't really cut it. If we end up in 2026 with a Labour led administration on both sides of the border I very much hope time and effort is spent finding things we can work together on constructively rather than fight about.

  • You are simply wrong on trying to defend the indefensible and personal insults do not help your case, not least because I am grateful to still get out of bed In the morning in view of my health issues
    A bit off to weaponise your health issues like that. Clearly not what he meant
  • NigelbNigelb Posts: 76,434

    Where the man go?
    Visiting the Soup Dragon.
  • AnabobazinaAnabobazina Posts: 23,795

    On this I rather feel sorry for Starmer. He will need his security team around him, as a sad fact of modern life. How then does he get to watch Arsenal? In his season ticketed seat? Logistics seem to mitigate against that. So the club steps in and he gets 'free' hospitality. And then is portrayed in a negative light for wanting to engage in his hobby of watching Arsenal.
    Indeed. Well put. This is not difficult to understand unless one is wilfully ignorant.
  • X

    I made no personal sleight at you and hope your health improves – that was not the point of my post, as I hope you know. But, you have decided to become outraged by a trivial matter – "bloke declares wife's gifts late but then rectifies the error". That's it.

    P.S. you're writing "you are simply wrong" doesn't make me so. Engage with my points: what part of my OP was wrong? Go ahead...
    Slight, not sleight

  • Big_G_NorthWalesBig_G_NorthWales Posts: 65,002
    edited September 2024

    A bit off to weaponise your health issues like that. Clearly not what he meant
    To be honest clutching at pearls is not necessary and yes I am sensitive to.my health issues
  • TOPPINGTOPPING Posts: 43,658

    Israel has a right to defend itself and Hezbollah are horrible shits, but imagine the pager is on a table in a cafe, and maims a kid that is a total stranger to the Hezbollah fella. The kids parents are not terrorists.
    Israel had no definite way of knowing that it would only kill and maim wrong 'uns or their dependants.
    Would you be happy with the UK using such tactics?
    If you don't want any of your loved ones to be blown to pieces then don't be a part of an organisation whose mission is to blow people to pieces.
  • PulpstarPulpstar Posts: 79,198
    Has this Opinium been covered ?

    Scotland VI

    Con 14%
    Lab 25%
    Lib Dem 8%
    SNP 32%
    Reform 11%
    Green 7%
    Other 2%

    Scotland Indy ref VI
    Yes 45%
    No 47%
    Don’t know 8%
  • AnabobazinaAnabobazina Posts: 23,795

    And there is a decent argument that she *should* have an allowance.

    She’s not an employee or in a public role, but will incur additional costs when acting in her capacity as the PMs wife. It’s reasonable that the state should pay
    Good post. There is certainly a case for that, but in the absence of such an allowance it seems reasonable that the Labour Party should pay, which in effect it did – it's just that one of its biggest donors ringfenced the funding for her wardrobe rather than chucked it into general party coffers (which could then be pissed up the wall at various party events).
  • algarkirkalgarkirk Posts: 13,929

    It's almost certainly cheaper and easier for Arsenal just to give him a free hospitality pass for the matches, it a suite that is setup to accommodate his security detail, without the club's staff jumping through ludicrous logistical hoops every home game.
    That's all fine of course. The point being that Starmer needs to pay for his ticket - that element of the hospitality pass. Not the whole palaver, which is a matter for the tax payer and Arsenal. of course this is a tedious detail. You would have thought that after Boris, Blair, Beergate and so on, PMs would know that every tedious detail matters, and that we want PMs who are exemplary in their public facing lives WRT integrity and ordinary honest and honourable conduct.
  • MalmesburyMalmesbury Posts: 54,076

    As an aside to the German helmets in British roads story, after the First World War, a number of German fighter planes were given to British schools (sans machine guns, one imagines).
    "(sans machine guns, one imagines)"

    That's the kind of slacker thinking that stopped the master in charge let us fire the Boyes .55 in the CCF armoury.

    Vote Malmesbury for UnDictator - a Davy Crockett in the CCF armoury of every school.

    "Threatening us with nuclear weapons, Mr Putin? My twelve year old has nuclear weapons."
  • kyf_100kyf_100 Posts: 4,953
    edited September 2024

    If you flip a coin for £10, how has the UK economy benefitted? Has productivity increased? No. You got lucky. If I earn £10 through hard work, I have to pay tax on my income. You, fecklessly gambling, don’t. Is that fair?

    So, I don’t think your coin flip is the best example! Presumably you think most CGT gains involve thoughtful investment, not random chance. I would guess it’s a mix of both. We need investment and should encourage investment, but we shouldn’t go easy on people who’ve made money through luck while expecting those in work to pay. I don’t know what the solution is there, but I found your post one-sided.
    I was attempting to use an easy to understand metaphor on a BETTING site, but my point seems to have gone utterly over your head, so let me explain again.

    Imagine a person comes to me, an investor, with a business plan they are seeking 250k investment in (assume I have maxed out entrepreneur's relief etc already, or my share of the investment would be less than 5% so non qualifying).

    Based on their business plan, I estimate the risk of their business folding in the next 5 years to be 40%, with an estimated reward of 250k. Under the current taxation system I'd have a 40% chance of losing all the money invested for an estimated 200k post tax profit. So it would be EV neutral. Under 45% tax, I'd still a 40% chance of losing all my money, but would only be looking at a potential reward of £137,500. So I go, hmm. The risks outweigh the rewards here, so I'll pass.

    There. I have just told you the exact same story, only as a business investment decision rather than a 'coin toss' which I thought was an ELI5 way of explaining risk, rather than a LITERAL coin toss. Sighs and shakes head.
  • turbotubbsturbotubbs Posts: 18,576

    Seems a bit pervy to let another man dress your wife
    Although less pervy than letting him undress her.
  • AnabobazinaAnabobazina Posts: 23,795
    edited September 2024

    The test of opinion on this was the yougov poll which effectively said 62% wrong 13% right so yes you are out of step with public opinion
    So what? That a majority of the public support a certain view when asked by pollsters doesn't make that view necessarily right. A majority of the public support lots of things that I disagree with.
  • Andy_JSAndy_JS Posts: 34,265
    edited September 2024

    They had no definite way of ensuring a pager wasn't in the hands of an innocent person when it exploded, or if a Hezbollah fighter had his baby in his arms, or what sort of collateral damage the explosion might trigger.
    I just can't condone that.
    The pagers were effectively being used as weapons of war. One could argue anyone who allowed a non-combatant to handle the pagers was like a soldier allowing a non-combatant to handle their gun or grenades.
  • FairlieredFairliered Posts: 5,534
    eek said:

    It seems Sue Grey is paid more than SKS is.

    Which to me tells me that we are not paying the Prime Minister enough...

    https://www.bbc.com/news/articles/cx247wkq137o

    Does she buy her own clothes out of her salary, though?
  • NigelbNigelb Posts: 76,434

    If you flip a coin for £10, how has the UK economy benefitted? Has productivity increased? No. You got lucky. If I earn £10 through hard work, I have to pay tax on my income. You, fecklessly gambling, don’t. Is that fair?

    So, I don’t think your coin flip is the best example! Presumably you think most CGT gains involve thoughtful investment, not random chance. I would guess it’s a mix of both. We need investment and should encourage investment, but we shouldn’t go easy on people who’ve made money through luck while expecting those in work to pay. I don’t know what the solution is there, but I found your post one-sided.
    Quite a lot of CGT gain just reflects inflation.
    So you're being taxed on not losing money, which seems a bit harsh whatever way you look at it.
  • viewcodeviewcode Posts: 24,128

    Moronic post. She's dressing herself you twit. Alli provided the funding for her wardrobe.
    So if a man gave your partner money to wear special clothes that he wanted your partner to wear, you'd be happy with that?
  • CatManCatMan Posts: 3,183
    Pulpstar said:

    Has this Opinium been covered ?

    Scotland VI

    Con 14%
    Lab 25%
    Lib Dem 8%
    SNP 32%
    Reform 11%
    Green 7%
    Other 2%

    Scotland Indy ref VI
    Yes 45%
    No 47%
    Don’t know 8%

    UK or Scottish Parliament?
  • MattWMattW Posts: 26,498

    If you flip a coin for £10, how has the UK economy benefitted? Has productivity increased? No. You got lucky. If I earn £10 through hard work, I have to pay tax on my income. You, fecklessly gambling, don’t. Is that fair?

    So, I don’t think your coin flip is the best example! Presumably you think most CGT gains involve thoughtful investment, not random chance. I would guess it’s a mix of both. We need investment and should encourage investment, but we shouldn’t go easy on people who’ve made money through luck while expecting those in work to pay. I don’t know what the solution is there, but I found your post one-sided.
    I don't see CGT going to 45%, unless iHT also rises.

    And I see iHT changes more around thresholds not rates, unless a lower rate is applied more broadly. That would be sensible, but I don't see it as am early change.
  • NigelbNigelb Posts: 76,434
    DavidL said:

    Blimey, 10 years. How time flies when you get older. My memories of that day are still vivid. Nothing political in my entire life has come close to being so significant and so anxious.

    I think Salmond contrived the optimal circumstances for Yes. He had a Tory PM who was (inevitably) unpopular in Scotland. He had Better Together led by Alastair Darling who could not bring himself to say very much that was positive about a UK led by a Tory PM reliant on English seats. This made the Better Together campaign excessively negative with warnings about how bad things would be rather than proclaiming a successful union out of which Scotland has done extremely well. There was still a lot more oil in the North Sea and at that time, at least, there was no hesitation in extracting it.

    Few of these positives are now available to the SNP but it does have to be recognised that Scotland feels a lot less a fully functioning part of the UK than it did in 2014. More and more of our governance is determined in Holyrood and the steps taken after the Referendum accentuated that. Even to me as a die hard Unionist so many of the stories about what is happening in Westminster seem of no obvious relevance to us.

    The Union needs some attention and some love. Occasional, half hearted attempts to rebrand the UK government in Scotland didn't really cut it. If we end up in 2026 with a Labour led administration on both sides of the border I very much hope time and effort is spent finding things we can work together on constructively rather than fight about.

    I wish it had been closer.
    Then Cameron might must have been so complacent over the Brexit vote.
  • "(sans machine guns, one imagines)"

    That's the kind of slacker thinking that stopped the master in charge let us fire the Boyes .55 in the CCF armoury.

    Vote Malmesbury for UnDictator - a Davy Crockett in the CCF armoury of every school.

    "Threatening us with nuclear weapons, Mr Putin? My twelve year old has nuclear weapons."
    When William Came, a 1913 novel by Saki, is a dystopian fantasy about England under German rule. One example of intolerable oppression is that except for the usual sporting rifles and shotguns, it is illegal to possess firearms without a licence.

    Mind you there's two sides to all arguments. I strongly feel that for planes given to primary schools the weapons should be converted to single shot.
  • bondegezoubondegezou Posts: 13,572
    TOPPING said:

    If you don't want any of your loved ones to be blown to pieces then don't be a part of an organisation whose mission is to blow people to pieces.
    Hezbollah’s purpose is not to blow people to pieces, although they do often blow people to pieces. They are an active political party in Lebanon who have been involved in several coalition governments. They are also a large, Iranian-backed militia force opposed to Israel. It’s complicated.
  • Maybe the obituary on the conservative party is a little premature

    https://x.com/ElectionMapsUK/status/1836195157194022936?s=19
  • NigelbNigelb Posts: 76,434
    edited September 2024

    I mean, Sunak could have been told to cut HS2 by the person who gave him free seats to watch Soton at St Mary's.

    That could be the case.

    But it's not very likely, is it?

    Are we saying that no MPs should ever accept gifts, hospitality under any circumstances? And, if so, would you extend this rule to all other jobs and professions where corruption of some kind could hypothetically be an issue?

    The whole point of declaring the gifts is so it's transparent to the public.
    Well he's not going to lose office over it - or even my vote (I didn't vote Labour).
    But it has slightly lowered my opinion of him.

    Is a few Arsenal games really worth that ... ?
  • CatManCatMan Posts: 3,183
    Nigelb said:

    I wish it had been closer.
    Then Cameron might must have been so complacent over the Brexit vote.
    I wish Yes won. Then we would probably have never had the Referendum.
  • viewcode said:

    So if a man gave your partner money to wear special clothes that he wanted your partner to wear, you'd be happy with that?
    See, you make that sound skeazy (sic).

    There’s no giving of money to wear those clothes.

    He’s buying the clothes.
  • CookieCookie Posts: 14,752

    Mandy Rice Davies springs to mind
    As Anabobz says, technically SKS has done little wrong, that one failure to declare that has come out so far aside. But still. He's accepted more in gifts than any other party leader of recent times (including, it would appear, almost incredibly, Boris Johnson and Tony Blair - neither reputed to be shy of living the high life at someone else's expense.) In the four years or so he's been leader - one of which was under lockdown - he's accepted £30k worth of tickets to things. £30k! That's more than most of us spend in a lifetime. At first, I thought it just a marginally amusing ha-ha-he's-just-as-bad-what-a-hypocrite story of a few gifts here and there. But the scale of it is truly astonishing. Not least because of his reputation.

    https://www.opendemocracy.net/en/keir-starmer-freebies-junkets-tottenham-hotspur-chelsea-coldplay-adele-google/

    https://www.theguardian.com/politics/2024/sep/18/keir-starmer-100000-in-tickets-and-gifts-more-than-any-other-recent-party-leader

    As I say, he only appears to have strayed briefly and accidentally outside the letter of the rules. But he has taken an absolute wrecking ball to the spirit of them.

    The location of the moral high ground is never a particularly good guide to the rights and wrongs of an issue, so I'm not getting all pious. Iam quite surprised though.

    (Favourite bit of that open democracy link was the bits about the events other party leaders had accepted tickets for, drily noting that Gordon Brown didn't accept any sort of hospitality at all.)

  • LostPasswordLostPassword Posts: 19,148
    edited September 2024
    Nigelb said:

    Quite a lot of CGT gain just reflects inflation.
    So you're being taxed on not losing money, which seems a bit harsh whatever way you look at it.
    Yes. As I recall Brown reduced the CGT rate at the same time as removing indexation relief, which one presumes was intended as a simplification of the tax regime.

    However, offering a lower rate of tax for CGT as a result then invited people to create vehicles for paying people an income via a capital gain, so as to pay a lower rate of tax. And so presumably there is a lot of complication in the tax code to try to control this. Unsuccessful complication. And so we have unhappiness that some people can effectively draw an income via capital gains at a lower tax rate and pressure to equalise the tax rates.

    So, will indexation relief be reintroduced?
  • AlanbrookeAlanbrooke Posts: 25,779

    Moronic post. She's dressing herself you twit. Alli provided the funding for her wardrobe.
    So you say, with no real evidences to back it up
  • FairlieredFairliered Posts: 5,534
    DavidL said:

    Blimey, 10 years. How time flies when you get older. My memories of that day are still vivid. Nothing political in my entire life has come close to being so significant and so anxious.

    I think Salmond contrived the optimal circumstances for Yes. He had a Tory PM who was (inevitably) unpopular in Scotland. He had Better Together led by Alastair Darling who could not bring himself to say very much that was positive about a UK led by a Tory PM reliant on English seats. This made the Better Together campaign excessively negative with warnings about how bad things would be rather than proclaiming a successful union out of which Scotland has done extremely well. There was still a lot more oil in the North Sea and at that time, at least, there was no hesitation in extracting it.

    Few of these positives are now available to the SNP but it does have to be recognised that Scotland feels a lot less a fully functioning part of the UK than it did in 2014. More and more of our governance is determined in Holyrood and the steps taken after the Referendum accentuated that. Even to me as a die hard Unionist so many of the stories about what is happening in Westminster seem of no obvious relevance to us.

    The Union needs some attention and some love. Occasional, half hearted attempts to rebrand the UK government in Scotland didn't really cut it. If we end up in 2026 with a Labour led administration on both sides of the border I very much hope time and effort is spent finding things we can work together on constructively rather than fight about.

    If unionists really want to reduce the proportion of Scots wanting independence, why not demonstrate some positive reasons for the union? 10 years of unrelenting negativity, from all sides, has been depressing and counterproductive.
  • Nigelb said:

    Well he's not going to lose office over it - or even my vote (I didn't vote Labour).
    But it has slightly lowered my opinion of him.

    Is a few Arsenal games really worth that ... ?
    I worked it last night, I spent close to £40k following Liverpool in 2019/20 season, slightly less in 2021/22.

    There’s absolutely nothing I wouldn’t spend to follow my team.

    You can change your job, your nationality, your name, heck you can even change your gender, but you can never change the club you love and follow.
  • BlancheLivermoreBlancheLivermore Posts: 6,254
    edited September 2024
    Slalom's secret CPS press conference rulebook is my favourite twist amongst the many contortions made in his defence
  • bondegezoubondegezou Posts: 13,572
    kyf_100 said:

    I was attempting to use an easy to understand metaphor on a BETTING site, but my point seems to have gone utterly over your head, so let me explain again.

    Imagine a person comes to me, an investor, with a business plan they are seeking 250k investment in (assume I have maxed out entrepreneur's relief etc already, or my share of the investment would be less than 5% so non qualifying).

    Based on their business plan, I estimate the risk of their business folding in the next 5 years to be 40%, with an estimated reward of 250k. Under the current taxation system I'd have a 40% chance of losing all the money invested for an estimated 200k post tax profit. So it would be EV neutral. Under 45% tax, I'd still a 40% chance of losing all my money, but would only be looking at a potential reward of £137,500. So I go, hmm. The risks outweigh the rewards here, so I'll pass.

    There. I have just told you the exact same story, only as a business investment decision rather than a 'coin toss' which I thought was an ELI5 way of explaining risk, rather than a LITERAL coin toss. Sighs and shakes head.
    Oh, heavens to Betsy. I said I was picking at your example. I got your point. I also responded to your point. The part of my response that you skipped over is the comparison to other forms of income.

    If I go earn some extra money, I pay 40% of it in income tax. If you’re rich and able to invest £250k (something most people in the country can’t even dream of) and you make money from that investment, should you pay no tax on that, should you pay the same as income tax, less, more? If you want to make your argument about CGT, I suggest you need to do it in the context of the tax rates on earned income.
  • See, you make that sound skeazy (sic).

    There’s no giving of money to wear those clothes.

    He’s buying the clothes.
    I rate the sort of couple who don't buy their own clothes lower than Alan Clark rated people who do buy their own furniture and Lord Hailsham rated those who buy their own castles. There's nothing exactly wrong about this but the eeeeuw reading is off the scale.
  • AnabobazinaAnabobazina Posts: 23,795

    See, you make that sound skeazy (sic).

    There’s no giving of money to wear those clothes.

    He’s buying the clothes.
    viewcode said:

    So if a man gave your partner money to wear special clothes that he wanted your partner to wear, you'd be happy with that?
    You are deliberately making that sound sleazy when it is not.

    There’s a possibility I could have a gig in the future that requires that both me and my wife to attend lots of balls, posh dinners etc. Would I accept her being given clothes/an allowance to attend these official events? Yes, I think I would.
  • kinabalukinabalu Posts: 44,627
    mercator said:

    Perhaps she should dress herself? But the sentiment expressed by Lammy that she has to dress up for the good of the country seems to reduce her to chatteldom.
    Well there is 'wardrobe pressure' on her now that there wouldn't have been before. As for the funding of it I don't think it should come from a rich donor. The less of that sort of thing the better imo.
  • MattWMattW Posts: 26,498
    boulay said:

    You don’t want to cook the soup in the can - cans now usually have lining which releases bad things in direct heat.
    What's your budget?

    Try MREs for a bit of a change? They come with all kinds of mini-snacks and useful bits and pieces.

    Get a Spanish one and they can have a portion of tinned octopods.
  • TheScreamingEaglesTheScreamingEagles Posts: 121,552
    edited September 2024

    Slalom's secret CPS press conference rulebook is my favourite twist amongst the many contortions made in his defence

    Then you are incredibly dense, as I told WilliamGlenn the guide on to speaking to the media predates Starmer by decades and I’m not defending him, I’ve said Caesar’s wife and all that jazz.
  • FF43FF43 Posts: 17,851

    This argument seems to be your lot were worse but then Starmer stood on honesty and integrity and receiving £100,000 for goodies and freebies is simply inappropriate and certainly is not acceptable to the public according to the polls
    Starmer isn't "my lot" any more than I would hold you personally responsible for the theft of £15 billion from the state by people associated with the Conservative Party.

    I am just pointing out that people buying stuff for the Leader of the Opposition isn't remotely in the same league as theft of £15 billion facilitated by the previous government.
  • bondegezoubondegezou Posts: 13,572
    viewcode said:

    So if a man gave your partner money to wear special clothes that he wanted your partner to wear, you'd be happy with that?
    I am currently single. If any of you reading this would like to give my cat money to play with special catnip mice, I would be happy with that. I’ll even take photos and send them to you.
  • Then you are incredibly dense, as I told WilliamGlenn the guide on to speaking to the media predates Starmer by decades and I’m not defending him, I’ve said Caesar’s wife and all that jazz.
    The secret guide that your friend told you about?

    Why isn't it public?
  • MalmesburyMalmesbury Posts: 54,076
    MattW said:

    What's your budget?

    Try MREs for a bit of a change? They come with all kinds of mini-snacks and useful bits and pieces.

    Get a Spanish one and they can have a portion of tinned octopods.
    There are a number of companies selling boil-in-the-bag sachets. Chuck the sachet in boiling water for x min. Retrieve and open.

    This would be better than lugging tins around - less weight and easier to pack.
  • RogerRoger Posts: 20,388

    I worked it last night, I spent close to £40k following Liverpool in 2019/20 season, slightly less in 2021/22.

    There’s absolutely nothing I wouldn’t spend to follow my team.

    You can change your job, your nationality, your name, heck you can even change your gender, but you can never change the club you love and follow.
    I'm pretty. fastidious about what I would accept or if I would let non friends buy me lunch or dinner and I would never accept a prop or any wardrobe from a shoot but the number of times I've been invited into someone's box at a football match (more ofter than not Man U) runs into dozens. If someone wants my company and they own the box and I fancy the game i can't see it in any way as transactional.
  • MattWMattW Posts: 26,498

    You are deliberately making that sound sleazy when it is not.

    There’s a possibility I could have a gig in the future that requires that both me and my wife to attend lots of balls, posh dinners etc. Would I accept her being given clothes/an allowance to attend these official events? Yes, I think I would.
    You made Strictly?
  • kyf_100kyf_100 Posts: 4,953

    Oh, heavens to Betsy. I said I was picking at your example. I got your point. I also responded to your point. The part of my response that you skipped over is the comparison to other forms of income.

    If I go earn some extra money, I pay 40% of it in income tax. If you’re rich and able to invest £250k (something most people in the country can’t even dream of) and you make money from that investment, should you pay no tax on that, should you pay the same as income tax, less, more? If you want to make your argument about CGT, I suggest you need to do it in the context of the tax rates on earned income.
    Or, as I explained in my previous post, capital is globally mobile, and those with 250k (or much more) to invest, will simply up sticks and leave the UK.

    There is a reason why tax on profit from investment (i.e. risk) is generally taxed much lower than income in every country across the world. You want people to risk their capital.

    Having 250k to invest also means you have 250k to lose. At 45%, people will risk their capital less (thus harming the economy) or take their money out of the economy entirely (causing even more harm).

    To repeat myself, again, it would be an unalloyed act of economic madness from Labour to do it. Not least because HMRC have already estimated it to be significantly net negative to the treasury. So if they do go down that path, it's political posturing of the very worst kind, the kind that actively harms the economy, all in the name of 'bashing the rich' (who will bugger off, anyway).
  • state_go_awaystate_go_away Posts: 5,850
    edited September 2024

    I worked it last night, I spent close to £40k following Liverpool in 2019/20 season, slightly less in 2021/22.

    There’s absolutely nothing I wouldn’t spend to follow my team.

    You can change your job, your nationality, your name, heck you can even change your gender, but you can never change the club you love and follow.
    Fair enough if its your hobby and you can afford it , sounds obsessive to me , the fact that Starmer got others to pay for the hobby though is not right. Also does he really want other people paying for his wife's nice clothes?
  • The secret guide that your friend told you about?

    Why isn't it public?
    The guide is nothing to do with freebies, it was to do with why one PBer doesn’t like Starmer.

    It’s an internal guide, not everything has to be public.
  • MarqueeMarkMarqueeMark Posts: 54,420

    I worked it last night, I spent close to £40k following Liverpool in 2019/20 season, slightly less in 2021/22.

    There’s absolutely nothing I wouldn’t spend to follow my team.

    You can change your job, your nationality, your name, heck you can even change your gender, but you can never change the club you love and follow.
    I didn't spend anything following Forest.

    I got paid to watch them win the First Division and The European Cup.
  • AnabobazinaAnabobazina Posts: 23,795
    algarkirk said:

    That's all fine of course. The point being that Starmer needs to pay for his ticket - that element of the hospitality pass. Not the whole palaver, which is a matter for the tax payer and Arsenal. of course this is a tedious detail. You would have thought that after Boris, Blair, Beergate and so on, PMs would know that every tedious detail matters, and that we want PMs who are exemplary in their public facing lives WRT integrity and ordinary honest and honourable conduct.
    Hospitality passes at Arsenal are £600+per person per match. https://hospitality.arsenal.com/packages/box-arsenal

    A season ticket (which he used to own before becoming PM) can be bought for £1,200 per season. https://www.arsenal.com/news/general-admission-season-ticket-prices-2024-25
  • TOPPINGTOPPING Posts: 43,658

    Hezbollah’s purpose is not to blow people to pieces, although they do often blow people to pieces. They are an active political party in Lebanon who have been involved in several coalition governments. They are also a large, Iranian-backed militia force opposed to Israel. It’s complicated.
    Sorry. Blow Israeli people to pieces.
  • Big_G_NorthWalesBig_G_NorthWales Posts: 65,002
    edited September 2024
    FF43 said:

    Starmer isn't "my lot" any more than I would hold you personally responsible for the theft of £15 billion from the state by people associated with the Conservative Party.

    I am just pointing out that people buying stuff for the Leader of the Opposition isn't remotely in the same league as theft of £15 billion facilitated by the previous government.
    I agree with that but the problem here is Starmer was supposed to be above all of this and it now turns out he has benefitted even more than Johnson from freebies

    There is no doubt it has cut through and it is not doing Starmer any favours with the public
  • MalmesburyMalmesbury Posts: 54,076
    edited September 2024
    kinabalu said:

    Well there is 'wardrobe pressure' on her now that there wouldn't have been before. As for the funding of it I don't think it should come from a rich donor. The less of that sort of thing the better imo.
    The question, for sensible people, is how to change things.

    I don't think that people giving gifts to the PM that amount to 15%+ of his salary is suitable in the modern world. So what is the alternative?

    EDIT:

    The facts go like this

    - Starmer used to go to lots of Arsenal games. Because he likes watching Arsenal
    - The police will have told him that he can't sit in the stands. And that if he ignores their advice, he is risking the safety of his close protection officers.
    - For security, they will have advised using a box.
    - A box at Arsenal costs 5 figures.

    What meets the case?
  • FF43FF43 Posts: 17,851
    edited September 2024
    Cookie said:

    As Anabobz says, technically SKS has done little wrong, that one failure to declare that has come out so far aside. But still. He's accepted more in gifts than any other party leader of recent times (including, it would appear, almost incredibly, Boris Johnson and Tony Blair - neither reputed to be shy of living the high life at someone else's expense.) In the four years or so he's been leader - one of which was under lockdown - he's accepted £30k worth of tickets to things. £30k! That's more than most of us spend in a lifetime. At first, I thought it just a marginally amusing ha-ha-he's-just-as-bad-what-a-hypocrite story of a few gifts here and there. But the scale of it is truly astonishing. Not least because of his reputation.

    https://www.opendemocracy.net/en/keir-starmer-freebies-junkets-tottenham-hotspur-chelsea-coldplay-adele-google/

    https://www.theguardian.com/politics/2024/sep/18/keir-starmer-100000-in-tickets-and-gifts-more-than-any-other-recent-party-leader

    As I say, he only appears to have strayed briefly and accidentally outside the letter of the rules. But he has taken an absolute wrecking ball to the spirit of them.

    The location of the moral high ground is never a particularly good guide to the rights and wrongs of an issue, so I'm not getting all pious. Iam quite surprised though.

    (Favourite bit of that open democracy link was the bits about the events other party leaders had accepted tickets for, drily noting that Gordon Brown didn't accept any sort of hospitality at all.)

    A key point though is rules are different for ministers compared with people not in government, which is what we are talking about here with Starmer. Disclosure rules were much less transparent at the time Tony Blair was LOTO. Boris Johnson picked up journalist gigs worth several hundred thousands a year, indirectly funded by the Russian state incidentally.
  • eekeek Posts: 29,687

    The guide is nothing to do with freebies, it was to do with why one PBer doesn’t like Starmer.

    It’s an internal guide, not everything has to be public.
    That gets rather annoying when HMRC's internal guidebook doesn't match the externally available one...
  • AlanbrookeAlanbrooke Posts: 25,779

    Hospitality passes at Arsenal are £600+per person per match. https://hospitality.arsenal.com/packages/box-arsenal

    A season ticket (which he used to own before becoming PM) can be bought for £1,200 per season. https://www.arsenal.com/news/general-admission-season-ticket-prices-2024-25
    So when calling Starmer's character iSam was right and you were wrong
  • CatManCatMan Posts: 3,183
    edited September 2024
    If anyone is interested in watching some free ODI cricket, South Africa - Afghanistan is Live on YouTube.

    https://www.youtube.com/live/jgEkw7q-TgE?si=mcN-UkW5BAjX4I2M

    Also South Africa are currently 36/7 after ten overs!
  • eek said:

    That gets rather annoying when HMRC's internal guidebook doesn't match the externally available one...
    HMRC are a different kettle of monkeys.

    Between them and AMEX my patience is rather worn.
  • bondegezoubondegezou Posts: 13,572
    kyf_100 said:

    Or, as I explained in my previous post, capital is globally mobile, and those with 250k (or much more) to invest, will simply up sticks and leave the UK.

    There is a reason why tax on profit from investment (i.e. risk) is generally taxed much lower than income in every country across the world. You want people to risk their capital.

    Having 250k to invest also means you have 250k to lose. At 45%, people will risk their capital less (thus harming the economy) or take their money out of the economy entirely (causing even more harm).

    To repeat myself, again, it would be an unalloyed act of economic madness from Labour to do it. Not least because HMRC have already estimated it to be significantly net negative to the treasury. So if they do go down that path, it's political posturing of the very worst kind, the kind that actively harms the economy, all in the name of 'bashing the rich' (who will bugger off, anyway).
    Thank you for a more considered reply.

    Three points: (1) the idea that people "will simply up sticks and leave the UK" is repeated whenever Labour is in power. The risk is greatly exaggerated.

    (2) As I said, the tax system should encourage people to invest in businesses. Plenty of capital gains, however, is not investment. How do we best distinguish which is which?

    (3) Yours is another in a recent glut of posts that claim it would be "madness" for Labour to do something that they haven't announced they're going to do.
  • The question, for sensible people, is how to change things.

    I don't think that people giving gifts to the PM that amount to 15%+ of his salary is suitable in the modern world. So what is the alternative?
    Increase the PM and mps pay and outlaw gifts
  • You are deliberately making that sound sleazy when it is not.

    There’s a possibility I could have a gig in the future that requires that both me and my wife to attend lots of balls, posh dinners etc. Would I accept her being given clothes/an allowance to attend these official events? Yes, I think I would.
    As a general point of order, I am sure many of us over the years have attended work events (perhaps also bringing partners) that have required us to “dress up” and wouldn’t get an allowance to do so.

    I do think the outrage when it is targeted at Starmer in particular is a little confected. But I do think there’s a wider question about how the political class operates with things like this.
  • RogerRoger Posts: 20,388
    TOPPING said:

    If you don't want any of your loved ones to be blown to pieces then don't be a part of an organisation whose mission is to blow people to pieces.
    Such ignorance of what Hezbollah are. They are part of the fabric of Lebanese society. They run schools and social welfare. They have MP's and Ministers in the Lebanese Parliament. They are more equivalent to Snin Fein than anything else
  • MalmesburyMalmesbury Posts: 54,076

    Increase the PM and mps pay and outlaw gifts
    There is certainly an argument that the PM should be paid a million a year. Or something like that. But I would counter that with much stricter training and promotion systems.
  • AnabobazinaAnabobazina Posts: 23,795

    So when calling Starmer's character iSam was right and you were wrong
    What? Half of your posts are moronic, the other half unintelligible.
  • TOPPINGTOPPING Posts: 43,658
    Roger said:

    Such ignorance of what Hezbollah are. They are part of the fabric of Lebanese society. They run schools and social welfare. They have MP's and Ministers in the Lebanese Parliament. They are more equivalent to Snin Fein than anything else
    And I bet the trains run on time in Lebanon.
  • The question, for sensible people, is how to change things.

    I don't think that people giving gifts to the PM that amount to 15%+ of his salary is suitable in the modern world. So what is the alternative?

    EDIT:

    The facts go like this

    - Starmer used to go to lots of Arsenal games. Because he likes watching Arsenal
    - The police will have told him that he can't sit in the stands. And that if he ignores their advice, he is risking the safety of his close protection officers.
    - For security, they will have advised using a box.
    - A box at Arsenal costs 5 figures.

    What meets the case?
    Well being PM means some sacrifices and its hardly essential that he needs to carry on watching Arsenal is it? What is it with this football obsession?
  • AnabobazinaAnabobazina Posts: 23,795
    edited September 2024

    The question, for sensible people, is how to change things.

    I don't think that people giving gifts to the PM that amount to 15%+ of his salary is suitable in the modern world. So what is the alternative?

    EDIT:

    The facts go like this

    - Starmer used to go to lots of Arsenal games. Because he likes watching Arsenal
    - The police will have told him that he can't sit in the stands. And that if he ignores their advice, he is risking the safety of his close protection officers.
    - For security, they will have advised using a box.
    - A box at Arsenal costs 5 figures.

    What meets the case?
    Arsenal giving him a box on account of the fact he was a loyal season ticket holder before he became PM?

    Ah, that is exactly what happened!
  • AlanbrookeAlanbrooke Posts: 25,779

    What? Half of your posts are moronic, the other half unintelligible.
    the fall back to personal abuse simply shows how stressed you are defending the indefensible.

    Posters like iSam could hold their own and make salient points
  • OldKingColeOldKingCole Posts: 34,506

    I agree with that but the problem here is Starmer was supposed to be above all of this and it now turns out he has benefitted even more than Johnson from freebies

    There is no doubt it has cut through and it is not doing Starmer any favours with the public
    I don't think he's benefitted more than Johnson. Yet.
This discussion has been closed.