Labour to oppose Conservative corporation tax rises

r00fie1 said:
Its about how many Union flags you have .......
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I don't often disagree with you r00fie1, and I don't doubt you're aware I'm a left-leaning card-carrying member of the Labour Party. However, there is nothing wrong with using the Union Flag on that image. We have left the EU whether we like it or not, and given that we've a big reuilding job on our hands in this country there is nothing wrong in a little national pride and looking to make the best of it. I'm a firm remainer and wish this whole sorry mess had never materialised as I personally believe it will be a disaster. However, we're out and so let's roll our sleeves up, big up the people of our nation and let them be part of building a better Britain.
 
SuperStu said:
Even with the proposed increase, it'd be one of the lowest in the G7. And you're right, it's only paid on profits so it couldn't stop a company being profitable. Fair play to @BoroMart though he's said the same himself now. (y)
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It can, most small businesses pay out dividends, rather than PAYE, and there are also problems with profits being locked in assets which

So you can declare a 50k "profit", by paying the company owner nothing. So then when the company owner takes 50k for 80 hours a week and a load of stress, this comes after the "profit line", so in reality, the business actually loses 10k corp tax and the 50k too, so is now actually at a 10k net loss, despite declaring a 50k "profit".

If this ended up being 100k profit, then they pay 50k to the director and pay corp tax they end up with 30k left from 100k "profit", if they have two directors it's 20k down. Businesses can be "profitable" but not cash flow positive, they can be massively cash flow negative.

You can also show profits because you're paying off assets too, but this gets complicated. The problem then is if the assets later devalue (like machinery and vehicles) you can end in a situation where you have loads of old kit and are showing massive profits but have no more money in the bank. It's all tied up in gear. If you sell the gear you need to replace it so you lose, by buying new for old when you wouldn't otherwise need to. If you just sell it then you have no gear to do any work so you go under. If you don't sell then you just get drained by corp tax, then when you do finally need new gear you have no extra cash, so have to resort to financing again.

It's messed up, it's like a system designed to encourage overspending, and penalise those that look after their equipment. They want people to just keep buying and buying new gear on finance.
 
WeeGord said:
I don't often disagree with you r00fie1, and I don't doubt you're aware I'm a left-leaning card-carrying member of the Labour Party. However, there is nothing wrong with using the Union Flag on that image. We have left the EU whether we like it or not, and given that we've a big reuilding job on our hands in this country there is nothing wrong in a little national pride and looking to make the best of it. I'm a firm remainer and wish this whole sorry mess had never materialised as I personally believe it will be a disaster. However, we're out and so let's roll our sleeves up, big up the people of our nation and let them be part of building a better Britain.
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Hi Wee Gord.
I am glad to hear of your committment.
The point about the flag is that it appeals to "base" instincts - in the same way as Britains First - Vote Conservative - BNP.
Its about context.
I find Starmers expulsion of long - serving activists , who are time served anti-racists [and many are jewish - accused of "anti-semitism] - abhorent.
Wrapping himself in the flag is dangerous.
Its nothing to do with Brexit.
He represents a threat to democracy in the Labour Party and therefore, without.
(y)
 
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Suspended and expelled members win victory over Labour in the courts​

www.thecanary.co

Suspended and expelled members win victory over Labour in the courts

Activists celebrate big court win over Starmer's Labour Party
www.thecanary.co www.thecanary.co
The group is known as Labour Activists For Justice and include:
an 80-year-old Jewish woman twice accused of antisemitism by the party, a long-standing Jewish trade unionist and a retired Jewish professor.
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This is Starmer`s ideology in practice.
 
If, as average guy, I am happy for the tax on my earnings to be increased from 25% to say 30%, to properly fund public services, then why not impose a supertax on high earners like fecking brat footballers, tv presenters, film, tv and pop stars, influencers and other so called celebrities getting £100k a week or more?
 
The companies that have benefitted from lockdown should pay out to the UK Govt some of the financial benefits they have gained. The philosphy seems fairest to me. Its also time to Government told some of them what tax they were to pay not what they declare.
 
Ref Union Jack - for a quite a while the Union Jack seemed disowned by the Labour Party almost embarassed by it. The Labour Party wanted to be a multicultural metropolitan party - it forgot about large chunks fo the UK outside the metro areas and lost working class votes in droves. I was shocked at the last election how most of Teesside went blue (3 seats out of 5). It was not just due to BREXIT.
 
r00fie1 said:
Hi Wee Gord.
I am glad to hear of your committment.
The point about the flag is that it appeals to "base" instincts - in the same way as Britains First - Vote Conservative - BNP.
Its about context.
I find Starmers expulsion of long - serving activists , who are time served anti-racists [and many are jewish - accused of "anti-semitism] - abhorent.
Wrapping himself in the flag is dangerous.
Its nothing to do with Brexit.
He represents a threat to democracy in the Labour Party and therefore, without.
(y)
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Everyone I see a flag flying outside a house I automatically think, nut job.

Go to France , US, Spain it's the thing to do, I never have the same feeling.
 
It is strange how people's views differ about flag waving.
When I see the Union Flag it does make me feel patriotic and proud.
The Flag of St. George however does seem to stir bad feelings of nationalism.
 
r00fie1 said:
Hi Wee Gord.
I am glad to hear of your committment.
The point about the flag is that it appeals to "base" instincts - in the same way as Britains First - Vote Conservative - BNP.
Its about context.
I find Starmers expulsion of long - serving activists , who are time served anti-racists [and many are jewish - accused of "anti-semitism] - abhorent.
Wrapping himself in the flag is dangerous.
Its nothing to do with Brexit.
He represents a threat to democracy in the Labour Party and therefore, without.
(y)
Click to expand...
I'm with you on the flag - it starts to go the way of the sickening flag-worship here in the States.
 
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