3 ms·

He probably lives in Europe and wants all the UK companies to flee there.

harel 10y ago
Most likely, but still, I find seeking the misfortune of others is a sad state of mind, usually reserved to those on the lower end of the self esteem scale.
- ionised 10y ago
  Your armchair psychology is cute but I'm just pissed at what I view as half a century or more of deregulation and tax cuts geared towards big businesses and the wealthy and privileged, always at the expense of the poorest in society.
  - Singletoned 10y ago
    To be fair, the poorest in society are a LOT better off now than they were 50 years ago.
    - ionised 10y ago
      You could say that about anything though. Just because they are better off now in relative terms, it doesn't justify how much more of the share in terms of land, resources and overall wealth the rich and and elite are taking for themselves.
  - harel 10y ago
    90% of tax on corporations? What reason would there be to run a company then? What would drive people to take this road? What result other than the total collapse of an economy would a 90% tax bring? I would leave Britain, and so will many others. Lower the bar on corp tax and you create more companies creating more jobs for people, increasing tax revenue and the wellfare of those in work (and by that the wellfare of those not in work).
    - harel 10y ago
      Also, what if I'm a medium sized company, employing 85 happy people, but registered as a corporation? In the UK i'd probably be a limited company but for the sake of argument, lets pretend I'm a registered corporation. I also have offices in the states employing 85 people. At that point when 90% corp tax hit me, 85 people in the UK would be unemployed. And I would be sad. I'm all for worker rights. I don't think running companies and worker rights are mutually exclusive things.
      - ionised 10y ago
        > I don't think running companies and worker rights are mutually exclusive things If it was a co-operative then I'd agree.
      - harel 10y ago
        I can't reply to your comment as its too deep :) It comes down to people. Some people are good people and will run a company well. Regardless of its tax status. Some are bastards and will act accordingly. This kind of thing, as cliche' as it sounds, starts at home. Bastards are cultivated, not born. The thing is by saying to someone you can run your company but I'll take 90% of your profit comrade, you are basically telling them not to bother. And to those that already bothered you're saying - stay as you were. Do not attempt growth. Besides, why stop at 90%? Why not just take it all?
    - ionised 10y ago
      I would leave Britain, and so will many others. Lower the bar on corp tax and you create more companies creating more jobs for people, increasing tax revenue and the wellfare of those in work (and by that the wellfare of those not in work). That's how it's suppsoed to work. What actually happens is they lobby for evebn more favourable tax arrangment and deregulation, for weaker worker protections and focus primarily on short-term returns for their shareholders at the expense of all else. The whole 'job creator' myth needs to be put to rest. It's straigh out of trickle-down Reaganomics. Corps are self-serving, psychopathic and amoral and cannot be trusted or expected to behave with a social conscience.

harel 10y ago

Most likely, but still, I find seeking the misfortune of others is a sad state of mind, usually reserved to those on the lower end of the self esteem scale.

ionised 10y ago
Your armchair psychology is cute but I'm just pissed at what I view as half a century or more of deregulation and tax cuts geared towards big businesses and the wealthy and privileged, always at the expense of the poorest in society.
- Singletoned 10y ago
  To be fair, the poorest in society are a LOT better off now than they were 50 years ago.
  - ionised 10y ago
    You could say that about anything though. Just because they are better off now in relative terms, it doesn't justify how much more of the share in terms of land, resources and overall wealth the rich and and elite are taking for themselves.
- harel 10y ago
  90% of tax on corporations? What reason would there be to run a company then? What would drive people to take this road? What result other than the total collapse of an economy would a 90% tax bring? I would leave Britain, and so will many others. Lower the bar on corp tax and you create more companies creating more jobs for people, increasing tax revenue and the wellfare of those in work (and by that the wellfare of those not in work).
  - harel 10y ago
    Also, what if I'm a medium sized company, employing 85 happy people, but registered as a corporation? In the UK i'd probably be a limited company but for the sake of argument, lets pretend I'm a registered corporation. I also have offices in the states employing 85 people. At that point when 90% corp tax hit me, 85 people in the UK would be unemployed. And I would be sad. I'm all for worker rights. I don't think running companies and worker rights are mutually exclusive things.
    - ionised 10y ago
      > I don't think running companies and worker rights are mutually exclusive things If it was a co-operative then I'd agree.
    - harel 10y ago
      I can't reply to your comment as its too deep :) It comes down to people. Some people are good people and will run a company well. Regardless of its tax status. Some are bastards and will act accordingly. This kind of thing, as cliche' as it sounds, starts at home. Bastards are cultivated, not born. The thing is by saying to someone you can run your company but I'll take 90% of your profit comrade, you are basically telling them not to bother. And to those that already bothered you're saying - stay as you were. Do not attempt growth. Besides, why stop at 90%? Why not just take it all?
  - ionised 10y ago
    I would leave Britain, and so will many others. Lower the bar on corp tax and you create more companies creating more jobs for people, increasing tax revenue and the wellfare of those in work (and by that the wellfare of those not in work). That's how it's suppsoed to work. What actually happens is they lobby for evebn more favourable tax arrangment and deregulation, for weaker worker protections and focus primarily on short-term returns for their shareholders at the expense of all else. The whole 'job creator' myth needs to be put to rest. It's straigh out of trickle-down Reaganomics. Corps are self-serving, psychopathic and amoral and cannot be trusted or expected to behave with a social conscience.