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Post by Fairsociety on Feb 10, 2024 19:25:34 GMT
For the past two years Amazon have paid ZERO Corporation Tax, meaning Nothing In 2022 Amazon claimed more than £800 Million in "Business Expenses, thereby offsetting taxes, all thanks to a scheme devised by Rishi Sunak. Paul Monaghan, the chief executive of the Fair Tax Foundation said: “Even before the super-deductions, Amazon paid little corporation tax in the UK, in part because the bulk of their UK income is still booked in Luxembourg. Its all legal and above board under a Conservative scheme to help mega multi national corporations, whilst our NHS slowly goes down the drain. Its time this was stopped and these loopholes ( legal ways of fiddling ) were were shut down Amazon paid nearly £800 million in direct taxes last year ive read in the uk. Starmer must be really struggling in recent days with all the criticism of his various u turns , if labour supporters are back to the tried and trusted clobber big business with taxes wheeze to garner support. Didnt thatcher have corporation tax at one point at 52% , which Blair reduced down to 30% and brown 28% , while new labour continually made the case for keeping corporation tax extremely low throughout their tenure in government. Where does starmer stand ?He's got to flip flop on that one, depends where the Labour donors are heading, once Amazon flashes the cash to Labour, flip flop will drop that idea. |
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Post by thomas on Feb 10, 2024 19:33:02 GMT
Amazon paid nearly £800 million in direct taxes last year ive read in the uk. Starmer must be really struggling in recent days with all the criticism of his various u turns , if labour supporters are back to the tried and trusted clobber big business with taxes wheeze to garner support. Didnt thatcher have corporation tax at one point at 52% , which Blair reduced down to 30% and brown 28% , while new labour continually made the case for keeping corporation tax extremely low throughout their tenure in government. Where does starmer stand ?He's got to flip flop on that one, depends where the Labour donors are heading, once Amazon flashes the cash to Labour, flip flop will drop that idea. its just carrot dangling for the extreme gullible that labour are going to hammer big business with taxes to throw billions at an nhs service that we all know will never make it into policy. A bit of tub thumping to try and lure back all the left wingers who starmer has chased out the party over recent years. Wonder if labour are getting worried about starmers poor approval ratings , and the left wing and muslim vote abandoning the party? |
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Post by witchfinder on Feb 10, 2024 19:45:11 GMT
Some businesses can easily and readilly afford to pay more, mostly because of the way they do business, been unfair competitors to high street businesses. Also, many of the multi nationals are paying unbelievably small percentages of tax on a "tax to turnover ratio", they are paying less than most small and medium sized businesses. The Tory way has failed, time to try a different way now, time for them to go Cutting public services and cutting spending the way the Tories have done has been a mistake and a spectacular failure. sorry what? The tory way has failed? How many times have we heard new labour say they dont want to change the way tories do things , merely do it slightly better. What different way ? keir starmer isnt offering anything new or radical , he is merely the establishments hope of maintaining the status quo and managing decline a bit better than the tories. His own party activists are criticising his flip flops u turns and lack of originality. Alistair darling said back in 2010 that if labour won the next election , they too would have made deep cuts to spending due to the mess the last labour government left the economy....... Alistair Darling admitted tonight that Labour's planned cuts in public spending will be "deeper and tougher" than Margaret Thatcher's in the 1980s, as the country's leading experts on tax and spending warned that Britain faces "two parliaments of pain" to repair the black hole in the state's finances.
www.theguardian.com/politics/2010/mar/25/alistair-darling-cut-deeper-margaret-thatcherIt seems odd that someone of the Left should seemingly defend this government and constantly go on the attack of the ONLY possible alternative to the present government. However, in answer to your post, yes it is correct that Gordon Brown and Alistair Darling did plan on cutting budgets, they never denied it, and I have not said that they would not have cut spending. The only clowns who ever suggested that you would not have had to indulge in austerity was the far Left, the Corbynites and the Momentum types. What Alistair Darling passionately argued for, was for firstly to wait until growth was properly established, and then to indulge in reducing SOME budgets, but not others, and to pursue a debt reduction plan over a much longer time frame than the failed Tory plan. Those economists who argue that George Osbornes plan was too severe, involved making very deep cuts over an unecessary short period, caused growth to contract, and looking at the facts and statistics, they appear to be correct. As for your accusation that New Labour were really not that different to the Conservatives, well can you remember the opposition Conservatives voting against a National Minimum Wage ?. Would a Conservative government have introduced SureStart, or universal free bus travel for all pensioners. ? The Blair government auctioned of the radio spectrum to mobile phone companies and put the money into turning our NHS around, what would the Tories have done with that money ?, probably used it to pay for tax cuts, particularly for the wealthy. No, me thinks you have a selective memory |
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Post by thomas on Feb 10, 2024 19:56:40 GMT
sorry what? The tory way has failed? How many times have we heard new labour say they dont want to change the way tories do things , merely do it slightly better. What different way ? keir starmer isnt offering anything new or radical , he is merely the establishments hope of maintaining the status quo and managing decline a bit better than the tories. His own party activists are criticising his flip flops u turns and lack of originality. Alistair darling said back in 2010 that if labour won the next election , they too would have made deep cuts to spending due to the mess the last labour government left the economy....... Alistair Darling admitted tonight that Labour's planned cuts in public spending will be "deeper and tougher" than Margaret Thatcher's in the 1980s, as the country's leading experts on tax and spending warned that Britain faces "two parliaments of pain" to repair the black hole in the state's finances.
www.theguardian.com/politics/2010/mar/25/alistair-darling-cut-deeper-margaret-thatcherIt seems odd that someone of the Left should seemingly defend this government and constantly go on the attack of the ONLY possible alternative to the present government. However, in answer to your post, yes it is correct that Gordon Brown and Alistair Darling did plan on cutting budgets, they never denied it, and I have not said that they would not have cut spending. The only clowns who ever suggested that you would not have had to indulge in austerity was the far Left, the Corbynites and the Momentum types. What Alistair Darling passionately argued for, was for firstly to wait until growth was properly established, and then to indulge in reducing SOME budgets, but not others, and to pursue a debt reduction plan over a much longer time frame than the failed Tory plan. Those economists who argue that George Osbornes plan was too severe, involved making very deep cuts over an unecessary short period, caused growth to contract, and looking at the facts and statistics, they appear to be correct. As for your accusation that New Labour were really not that different to the Conservatives, well can you remember the opposition Conservatives voting against a National Minimum Wage ?. Would a Conservative government have introduced SureStart, or universal free bus travel for all pensioners. ? The Blair government auctioned of the radio spectrum to mobile phone companies and put the money into turning our NHS around, what would the Tories have done with that money ?, probably used it to pay for tax cuts, particularly for the wealthy. No, me thinks you have a selective memory Why is it people on this forum keep trying to put me in a niche of their making , claiming im something ive never once claimed to be ? Where have I said im of the left? Im simply addressing your pathetically weak points , and pointing out labour said if they had continued in power they would have made cuts deeper than thatchers , and done so over the terms of two parliaments. Free bus travel was a right for people of the age of 60 and above in Wales , and gues which party raised the age of free bus travel in Wales from 60 to pension age 4 years ago while simultaneously demanding Scotlands government maintains free bus travel for 60 year olds ?  Yep. Lying devious labour. |
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Post by Pacifico on Feb 10, 2024 22:52:06 GMT
For the past two years Amazon have paid ZERO Corporation Tax, meaning Nothing In 2022 Amazon claimed more than £800 Million in "Business Expenses, thereby offsetting taxes, all thanks to a scheme devised by Rishi Sunak. Paul Monaghan, the chief executive of the Fair Tax Foundation said: “Even before the super-deductions, Amazon paid little corporation tax in the UK, in part because the bulk of their UK income is still booked in Luxembourg. Its all legal and above board under a Conservative scheme to help mega multi national corporations, whilst our NHS slowly goes down the drain. Its time this was stopped and these loopholes ( legal ways of fiddling ) were were shut down So you claim that you want more investment and growth but then complain about companies investing rather than paying tax. LOL - you are just yet another tax and spend socialist..  |
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Post by johnofgwent on Feb 11, 2024 0:11:27 GMT
A family business ( a baker, butcher, greengrocer or pharmacy etc ) on a high street in the centre of a town or city pays huge levels of business rates. A gigantic warehouse on an industrial estate, miles from the town centre, pays much, much less in business rates. One of the reasons why our high streets are dying is because mega corporations like Amazon have many unfair advantages, one of which is cheaper rates, others include not having to have costly retail space and not having the same customer to staff ratio. Personally I would have prefered an "On Line Transaction Tax" whereby every purchase carried out on line carries a 2% surchage, as opposed to putchasing from a high street shop, keeping much loved high street names going, supporting LOCAL businesses, and supporting the local economy. Its an excellent idea, and it ought to be welcomed Online is often more efficient, so your tax would tax productivity - the very thing you want to encourage. A very easy solution to that exists already The aforementioned baker, butcher, greengrocer etc etc have DTI business codes indicating their specific business. I’m not sure what code Amazon uses but i’m bloody sure if they tried to abuse that it would be entertaining no matter how much they bribe peopke to operate. So all we have to do is ensure we apply the tax to tbe snazons of this world and not the ‘open all hours’ Arkwrights. It’s not hard to accomplish with the right political will |
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Post by witchfinder on Feb 11, 2024 0:14:58 GMT
I am not a Socialist, I do not particularly like Socialiism.
In my opinion the Mega multi national comapanies such as Amazon, who have colossal turnovers, and huge declared profits, can afford to pay more in taxes.
But if you disagree with me, then please do continue to vote Conservative, the party that helps such companies, and destroys public services which ORDINARY people on normal incomes rely upon.
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Post by jonksy on Feb 11, 2024 0:33:29 GMT
I am not a Socialist, I do not particularly like Socialiism. and destroys public services which ORDINARY people on normal incomes rely upon. Yeh right.....LOL
They don't need to too WF the lefty controlled unions do that. |
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Post by Red Rackham on Feb 11, 2024 1:13:12 GMT
I am not a Socialist, I do not particularly like Socialiism. In my opinion the Mega multi national comapanies such as Amazon, who have colossal turnovers, and huge declared profits, can afford to pay more in taxes. But if you disagree with me, then please do continue to vote Conservative, the party that helps such companies, and destroys public services which ORDINARY people on normal incomes rely upon. You think things will change under a Starmer government? You may be right, but given what Starmer was saying in 2019 compared to what he is saying now, I tend to think things will stay more or less the same. |
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Post by sheepy on Feb 11, 2024 8:25:34 GMT
I am not a Socialist, I do not particularly like Socialiism. In my opinion the Mega multi national comapanies such as Amazon, who have colossal turnovers, and huge declared profits, can afford to pay more in taxes. But if you disagree with me, then please do continue to vote Conservative, the party that helps such companies, and destroys public services which ORDINARY people on normal incomes rely upon. You think things will change under a Starmer government? You may be right, but given what Starmer was saying in 2019 compared to what he is saying now, I tend to think things will stay more or less the same. Not a chance, between them they have bankrupt the country, created huge overcrowding, constantly find ways of stealth taxing everyone while councils go bankrupt and have no control over commodity prices, while they constantly play, he says she says. |
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Post by thomas on Feb 11, 2024 8:46:22 GMT
I am not a Socialist, I do not particularly like Socialiism. In my opinion the Mega multi national comapanies such as Amazon, who have colossal turnovers, and huge declared profits, can afford to pay more in taxes. But if you disagree with me, then please do continue to vote Conservative, the party that helps such companies, and destroys public services which ORDINARY people on normal incomes rely upon. I thought though starmer and Reeves have already said rather than hammering big business with corporation tax , they are going to cap it at 25% for the first parliamentary term of a potential new labour government ? Reeves has also hinted , with the usual lack of clarity and detail we expect from labour that she could cut it further if need be? So rather than hammering big business and making them pay more in tax , it's been pointed out starmer and Reeves were trying to court big business , making amazon pay more in taxation to fund public services highly unlikely indeed , and mere carrot dangling for the left wingers who appear to be deserting the party in droves over Gaza and much else. |
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Post by thomas on Feb 11, 2024 8:55:25 GMT
I am not a Socialist, I do not particularly like Socialiism. In my opinion the Mega multi national comapanies such as Amazon, who have colossal turnovers, and huge declared profits, can afford to pay more in taxes. But if you disagree with me, then please do continue to vote Conservative, the party that helps such companies, and destroys public services which ORDINARY people on normal incomes rely upon. You think things will change under a Starmer government? You may be right, but given what Starmer was saying in 2019 compared to what he is saying now, I tend to think things will stay more or less the same. totally agree red. I know its difficult to pin starmer down , as he flip flops on a daily basis from what he said 24 hours before , but starmer has already said he won't tax wealth , and won't turn on the spending taps if he takes power. So the idea he is going to hit big business like amazon is laughable. As you say , he is merely the establishment placeman who they want put into power to steady the ship and carry on as normal , rather than offering anything radical or new. Did you see the you tube video the other day of some guy turning up at Westminster with a skeletons spine looking for keir starmer ? Cowardly weasel that has the backbone of a jellyfish. |
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Post by thomas on Feb 11, 2024 8:57:46 GMT
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Post by witchfinder on Feb 11, 2024 11:39:39 GMT
My complaint is about the small handful of mega corporations, who appear to pay little tax, mostly because of clever accounting, legal avoidance helped along by Rishi Sunak.
I agree that Corporation Tax and Capital Gains Tax can be unfair, and can dampen both investment and growth, which is why I was glad to see the back of Jeremy Corbyn, and am heartned by todays Labour Party which champions business, industry, commerce and enterprise.
When / if we get Starmer as Prime Minister, his ambition for growth, combined with his intention to bin our present trading arrangements with the EU, and negotiate a better agreement, will be the catalyst required to kick start growth that we have sadly lacked under the Conservatives.
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Post by Totheleft on Feb 11, 2024 16:42:03 GMT
My complaint is about the small handful of mega corporations, who appear to pay little tax, mostly because of clever accounting, legal avoidance helped along by Rishi Sunak. I agree that Corporation Tax and Capital Gains Tax can be unfair, and can dampen both investment and growth, which is why I was glad to see the back of Jeremy Corbyn, and am heartned by todays Labour Party which champions business, industry, commerce and enterprise. When / if we get Starmer as Prime Minister, his ambition for growth, combined with his intention to bin our present trading arrangements with the EU, and negotiate a better agreement, will be the catalyst required to kick start growth that we have sadly lacked under the Conservatives. Hammer on head witchfinder |
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