Re: David Cameron - 2020 : Tue Jan 08, 2013 6:36 pm
Dally wrote:
Creently the French econonomy is way underperforming the British one.
Based on what measure? Since the Tories came to power in may 2010 the French economic growth has been more than double that of the UK.
Dally wrote:
The UK economy is about to overtake France's GDP too.
I genuinely fail to see how this can possibly be the case. So our GDP is smaller, and growing more slowly, yet we will soon overtake them!?
100% Wire wrote:
How is it, and WHY is it, that the millionaires are going to end up 2-3k better off per month from April?
They're going to be more than 2-3k better off if they earn a decent amount. For income over £150,000 the rate of tax has been cut from 50% to 45%. Yes they will lose out on child benefit, but because this isn't proportional to their very large incomes (in the same way their tax cut is) it doesn't nearly make up for it.
This was despite figures from the OBR showing that cutting the rate below 47% would decrease government revenue, so the ONLY justification for the move was to give some extra cash to their rich mates (and themselves).
Dally wrote:
A lot of bullshit comparing people going for a pint and the tax system
In that analogy the amount they pay for their beer represents taxes, so beer represents what they get out of society. In your story it is implied that they all drink the same amount of beer, thus all get the same out of society. I would argue that is'nt the case at all - Rich people benefit far more from the fact that our society facilitates people to be prosperous*. The richest 10% own 53% of the UK's wealth, whereas the bottom 50% own 7%, so the analogy would've made more sense if 10 men go to a bar, the first 5 men share half a pint,... and the last man gets 5 and a bit pints all to himself - then shock horror people expect him to pay significantly more.
*before you claim that the rich are self-made men, and they don't owe it to the state for providing a country which made it possible to become rich, please answer me this: how many of them would've become rich if they'd being born in Somalia?
