New ^left^ political party?

ronib

MaizieD there were some benefits to being a serf I understand. Unlike zero benefits now to any wealthy person in the UK. Bit staggering when I think of it.

What about our tax system that almost amounts to legalised fraud.
I’m now wondering if that was a tongue in cheek comment🤷‍♀️

And without the wealthy/very able exactly what is the net gain? Money doesn’t inexorably flow up - it’s hard graft and not everyone can work that hard for all sorts of reasons. But for those who do, there’s no excuse to overtax and under provide on essential services. Dubai operates on a four and a half working week and that’s another incentive to work there. Also it’s a safe low crime environment.

David49

MaizieD

Think about it! How does anybody create wealth? Do some people (apart from the national bank) have some magic formula to create gold out of thin air without using any other resources or taking it from somebody else?

If they do, please could you explain because I'd love to cook up some wealth in my magic cauldron.

A question I'd love an answer to, as well, growstuff

I’m frankly surprised why you don’t know the answer to this.

I knew it a 21yrs old or is a deliberate attempt at scarcasm?

Errr ... no. It was a genuine question. You didn't know how to create wealth. You knew how to make yourself wealthy, which isn't the same thing.

MaizieD

nanna8

Many of ‘the wealthy’ generate jobs , though and it would not be good if too many left, unless they come to Australia of course.

They may generate jobs, but they aren't too keen on sharing much of the profits the jobs generate with the workers whose labour they depend on to make their profits. 'Nor are they too keen on contributing to the society that provides the services which educate their workers and keep them healthy, and the infrastructure, both physical and legal which makes it easy for them to generate the 'wealth'. Money inexorably flows up to them. No way does it 'trickle down' to the rest of the population.

You're welcome to them...

Not only that, but people can live just about anywhere in the world and invest in the UK. Many of the UK's biggest companies have foreign owners.

nanna8

Many of ‘the wealthy’ generate jobs , though and it would not be good if too many left, unless they come to Australia of course.

They may generate jobs, but they aren't too keen on sharing much of the profits the jobs generate with the workers whose labour they depend on to make their profits. 'Nor are they too keen on contributing to the society that provides the services which educate their workers and keep them healthy, and the infrastructure, both physical and legal which makes it easy for them to generate the 'wealth'. Money inexorably flows up to them. No way does it 'trickle down' to the rest of the population.

You're welcome to them...

David49

MaizieD

Think about it! How does anybody create wealth? Do some people (apart from the national bank) have some magic formula to create gold out of thin air without using any other resources or taking it from somebody else?

If they do, please could you explain because I'd love to cook up some wealth in my magic cauldron.

A question I'd love an answer to, as well, growstuff

I’m frankly surprised why you don’t know the answer to this.

I knew it a 21yrs old or is a deliberate attempt at scarcasm?

I know what my answer is, so does growstuff. (so does AI)

But if people don't believe it, what do they beleive?

The very intellectually able are not the same group as those who are moving to places like Dubai with the aim of avoiding high taxes, because generally money does not motivate them.

Of course, if we could motivate those who want to leave by any means other than protecting their financial privilege to an unreasonable degree, ie one which results in poorer and lower middle income taxpayers having to bear the brunt we should do so, but otherwise not

Many of ‘the wealthy’ generate jobs , though and it would not be good if too many left, unless they come to Australia of course.

The very intellectually able are not immune to the challenges of family life and may see the UK heading in a direction unacceptable to them. When you have more options than most, you will use them. It’s a great pity that Labour is alienating this group imo.

MaizieD

^Think about it! How does anybody create wealth? Do some people (apart from the national bank) have some magic formula to create gold out of thin air without using any other resources or taking it from somebody else?^

If they do, please could you explain because I'd love to cook up some wealth in my magic cauldron.

A question I'd love an answer to, as well, growstuff

I’m frankly surprised why you don’t know the answer to this.

I knew it a 21yrs old or is a deliberate attempt at scarcasm?

ronib

It doesn’t seem to be the best advertisement for the Uk under Labour to have the most able running away. This country needs all to contribute towards a better future for all the population. MaizieD

Contrary to what you think, ronib, the 'most able' people in the Uk are not 'running away. See the link I posted earlier. If some are doing so then we have plenty of 'able' people to replace them. And, wealth is no indication of 'ableness', however you might like to kid yourself.

Why are you so concerned about the the wealthy?

love0c

ronib Do not waste your breath! I no longer bother!

Is that because you don't have a valid argument?

ronib

It doesn’t seem to be the best advertisement for the Uk under Labour to have the most able running away. This country needs all to contribute towards a better future for all the population. MaizieD

The most able? The wealthiest aren't necessarily the most able.

ronib Do not waste your breath! I no longer bother!

It doesn’t seem to be the best advertisement for the Uk under Labour to have the most able running away. This country needs all to contribute towards a better future for all the population. MaizieD

MaizieD

ronib

Wealthy families will have private health insurance and private education. The additional cost of 20 percent vat on school fees will have angered some. These commodities, if you like, are available in Dubai for a fraction of the cost plus there is zero tax paid on high income unlike here. It’s a case of making a few million abroad and settling back here in a few years I imagine. Why not?
Growstuff

Why are you so extremely concerned about the (entirely imaginary) plight of the wealthy but indifferent to awful lives of the 'underclasses'?

I'm amazed that any very wealthy people choose to live in the UK if there are really no benefits.

I would have thought a reasonably temperate climate, some beautiful scenery, relative safety, usually reliable utilities and transport infrastructure, freedom of speech most of the time, freedom to be LGBT, equality (in theory) for women, the security of the NHS in case you have a serious accident, freedom to go on to a balcony without falling off and much else would be seen as benefits.

ronib

Wealthy families will have private health insurance and private education. The additional cost of 20 percent vat on school fees will have angered some. These commodities, if you like, are available in Dubai for a fraction of the cost plus there is zero tax paid on high income unlike here. It’s a case of making a few million abroad and settling back here in a few years I imagine. Why not?
Growstuff

Why are you so extremely concerned about the (entirely imaginary) plight of the wealthy but indifferent to awful lives of the 'underclasses'?

MaizieD just let me leaf through Feudal Society by Marc Bloch …

Wealthy families will have private health insurance and private education. The additional cost of 20 percent vat on school fees will have angered some. These commodities, if you like, are available in Dubai for a fraction of the cost plus there is zero tax paid on high income unlike here. It’s a case of making a few million abroad and settling back here in a few years I imagine. Why not?
Growstuff

ronib

MaizieD there were some benefits to being a serf I understand. Unlike zero benefits now to any wealthy person in the UK. Bit staggering when I think of it.

Maybe you could explain. I don't understand what you mean by "zero benefits to any wealthy person in the UK".

ronib

MaizieD there were some benefits to being a serf I understand. Unlike zero benefits now to any wealthy person in the UK. Bit staggering when I think of it.

Do tell me about the benefits of being a serf.

And the zero benefits attached to being extremely wealthy...

MaizieD there were some benefits to being a serf I understand. Unlike zero benefits now to any wealthy person in the UK. Bit staggering when I think of it.

Yes, MaizieD and growstuff, that is probably the case. It's the same the world over in varying degrees. Man's inhumanity to man never fails to amaze me.

ronib

So servant class in Dubai equivalent to the serfs here in Middle Ages?

Probably.

Is that the sort of society you approve of?

So servant class in Dubai equivalent to the serfs here in Middle Ages?