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9th June 2019, 01:54 AM | #2561 |
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Mr Gove announced his plan to replace VAT in the Sunday Telegraph, writing that his "business know-how" had allowed him to bring in positive changes to education, the environment and the justice system while in his various ministerial roles.
"My economic plan is driven by the need to increase investment, productivity and wages across the country, with a special focus on helping those areas and regions where productivity is lower," he wrote. "It would mean reducing the regulations which hold business back, cutting and reforming taxes - such as business rates - which put pressure on small businesses and undermine our high streets, using the opportunity of life outside the EU to look to replace VAT with a lower, simpler, sales tax," he added. https://www.bbc.co.uk/news/uk-politics-48571291 |
9th June 2019, 03:21 AM | #2562 |
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It does seem that Trump is promoting two impossible things before breakfast,
1. US healthcare works ( and delivers the greatest good for the greatest number, and that is actually terminal at the littoral boundary) 2. He can treble British trade. (UK GDP immediately increases by 50%). |
9th June 2019, 03:37 AM | #2563 |
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9th June 2019, 04:04 AM | #2564 |
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None of the candidates is able to show how he/she could negotiate a better Brexit deal. Indeed, that issue is just being ignored, in favour of who took what drug.
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9th June 2019, 04:07 AM | #2565 |
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9th June 2019, 04:18 AM | #2566 |
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who claims the soulless Who speaks for the forgotten dead ~ Danzig |
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9th June 2019, 04:26 AM | #2567 |
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who claims the soulless Who speaks for the forgotten dead ~ Danzig |
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9th June 2019, 04:35 AM | #2568 |
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So I've started a blog about my writing. Check it out at: http://fourth-planet-problem.blogspot.com/ And my first book is on Amazon: https://www.amazon.com/dp/B077W322FX |
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9th June 2019, 05:46 AM | #2569 |
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9th June 2019, 07:52 AM | #2570 |
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9th June 2019, 11:08 AM | #2571 |
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9th June 2019, 02:20 PM | #2572 |
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According to Macron it would constitute a 'sovereign state default' (rather like Greece) which could result in a downgrade of credit and sterling being depreciated on the money markets.
This would happen because of the Fisher Miller effect of higher interest as a result of the credit rating down grade which has an automatic impact on exchange rate. |
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who claims the soulless Who speaks for the forgotten dead ~ Danzig |
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9th June 2019, 03:10 PM | #2573 |
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"I achieve these results through a mixture of magic,misdirection,suggestion and showmanship"-Derren Brown
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9th June 2019, 04:10 PM | #2574 |
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9th June 2019, 04:38 PM | #2575 |
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Yes, Britain would simply negotiate a super magic trade deal post brexit with the EU having defaulted.
I am sure that would make the EU negotiators really well disposed toward Britain. Of course, the rest of the world would rush, cap in hand, to make deals with Britain, it having demonstrated the value it places on commitments made. Right? |
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9th June 2019, 04:41 PM | #2576 |
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Who is General Failure? And why is he reading my hard drive? ...love and buttercakes... |
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9th June 2019, 06:55 PM | #2577 |
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Cum catapultae proscribeantur tum soli proscripti catapultas habeant. |
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9th June 2019, 09:37 PM | #2578 |
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Boris is likely to win. Boris has decided that since the Irish border is a difficult problem he just won't bother about it at all.
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9th June 2019, 09:51 PM | #2579 |
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9th June 2019, 11:00 PM | #2580 |
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Of course it would. The parties in power all advocate for further integration.
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I assure you the exact same concerns were being voiced ~1500 years ago (give or take another 500, depending on the area), when various tribes were forming the first nations. The question is exactly the same and so is the only correct answer.
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But the people? Zero difference.
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https://ec.europa.eu/romania/sites/r...de_la_roma.pdf Right after where they list all the signatories. It's not an accident and I assure far more than "nobody" wants it.
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No. The unified European superstate means it has a legislative body (parliament) that is able to write laws that can be implemented regardless of the consent of member states, an executive that can follow those laws where applicable and runs a common external policy plus a fiscal union. We already have the ECJ, which might obtain greater function too. A pan-European police force is a maybe, a pan-European military is a far weaker maybe - neither are strictly necessary. Maybe sometime in the future, with the police force coming in decades before the military. Anthems, WC teams and whatnot? No, why would we want to unify that? We can take far more prizes if we play those separately. There's no reason to delve into such minor details. If there is a broad consensus we should do so then sure, I don't mind, but it's an unimportant issue one way or the other.
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Yeah they have those, didn't you know? China can be described as a family of nations, bound together by a common Chinese identity. McHrozni |
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9th June 2019, 11:31 PM | #2581 |
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Boris is proposing a huge tax cut for high earners funding it by using
Quote:
Don't know if this means he plans to do a deal (in which case money put aside for the dire consequences of a no-deal Brexit will be spunked away on the rich) or if he's going to default on the divorce payment any use that. |
9th June 2019, 11:41 PM | #2582 |
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It's kind of hard to default on the dicorce payment and not have a no-deal Brexit.
Maybe he's plan - I'm not sure that's the right word here - to do a deal with the EU, then default on the payment and expect everything to go smoothly from there on. Would that be his stupidest idea of the week? McHrozni |
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10th June 2019, 12:18 AM | #2583 |
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Unless his plan is to use exactly the right combination of words (written in the right colour ink ?) which will suddenly cause the EU to give the UK the kind of trade deal that the Brexiteers promised us during the referendum campaign (a la Sovereign Citizen movement) in which case there will be no need for money to be set aside in case of a no-deal Brexit and no divorce payment required.
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10th June 2019, 12:44 AM | #2584 |
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I think we are back to square one, where Britain is Great, the EU needs us more than we need it and we will get the full benefit of membership without the cost or need to comply with rules over immigrants.
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10th June 2019, 12:44 AM | #2585 |
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My apologies if it comes across as that, but I'm just trying to get my head around the somewhat cavalier notion of "We'll withhold payment to force them give us a better deal", and what on earth is making Boris Johnson think it'll actually work.
And I must admit, at some level I fear it might work, unless the EU have a fairly straight forward recourse that allows them to put the squeeze on a future PM reckless enough to try it. |
10th June 2019, 01:12 AM | #2586 |
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10th June 2019, 01:35 AM | #2587 |
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I have been wondering why so many Tories are standing to be PM. I think it is because they genuinely believe that they would have done a better job than May at Brexit.
I think it is a sign of over confidence beating a genuine understanding of the issues and reality. When the next PM gets bogged down like May did, I wonder if that will finally dent the over confidence and wake Brexiters up to that reality. |
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10th June 2019, 01:56 AM | #2588 |
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10th June 2019, 01:58 AM | #2589 |
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10th June 2019, 02:07 AM | #2590 |
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IMO no.
If the next PM gets bogged down then the Brexiteers will just put it down to that individual not being up to the job and/or foreigners being beastly. Then again the next PM may cut the Gordian knot and simply leave with a no-deal. Any or all negative consequences will be blamed on beastly foreigners and the PM will be hailed as a hero by the Conservative Party. IMO there's a mixture of those who absolutely know the score and who are in it for personal gain, those who know the score but who are doing it for ideological reasons (better to be a free pauper than a lord who has to bow to a foreign power) and those who are genuinely deluded and think that the British Empire v 2.0 will emerge from the ashes of a no-deal Brexit. Those groups are not mutually exclusive. |
10th June 2019, 02:11 AM | #2591 |
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10th June 2019, 02:24 AM | #2592 |
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10th June 2019, 02:39 AM | #2593 |
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The man is going to fund the tax cut (affecting three million) by increasing National Insurance contributions affecting twenty million.
The man is an idiot. A no-deal Brexit and withholding of the 'divorce settlement' will immediately plunge the UK into an economic crisis as investors line up to remove their funds (cf Neil Woodford recently) resulting in fundholders 'suspending' the acccounts to avoid a run, banks shutting their doors (ditto) and the government having to 'do a Greece/Cyrpus' by helping themselves to 10% f each bank account holder's money. Unemployment will surge as redundancies spiral, thanks to companies leaving our shores. I for one will remove all of my funds from the UK including my healthy pension pot if there is any whiff of a no-deal Brexit. |
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10th June 2019, 02:42 AM | #2594 |
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"Faith without doubt leads to moral arrogance, the eternal pratfall of the religiously convinced" - Joe Klein, Time magazine "The fact that some geniuses were laughed at does not imply that all who are laughed at are geniuses. They laughed at Columbus, they laughed at Fulton, they laughed at the Wright brothers. But they also laughed at Bozo the Clown." - Carl Sagan |
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10th June 2019, 02:45 AM | #2595 |
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10th June 2019, 02:50 AM | #2596 |
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I can't see that it would entice the tax exiles back to the UK. On the other hand, many of the >£80K earners have already ensured they receive their income through their limited companies thus paying at company tax rate (20%) and as a charge against profits. Others will be the small band of plc CEO's and senior public servants such as judges who earn well over >£120K.
It will have an impact on how much tax relief they get on their pension contributions. I would guess BoJo would not only need to increase NI but may also decrease personal tax thresholds so that one starts paying tax from say, £4K pa upwards rather than the current basic £12K. It will, of course, hit ordinary people the hardest. |
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10th June 2019, 02:52 AM | #2597 |
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10th June 2019, 02:56 AM | #2598 |
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10th June 2019, 02:56 AM | #2599 |
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10th June 2019, 04:11 AM | #2600 |
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Interestingly, people in the UK are now much less concerned about immigration - one of the key drivers behind Brexit.
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Of course it could be that Brexiteers think that, as Brexit is underway, all of their issues relating to immigration will be resolved as a result. I hope that it really does reflect more positive attitudes to immigrants and immigration. |
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