Dáireo @Alpha2007D

@SchizoMellie That’s very homophobic!!

@mradknight I do too, but prefer a good Spag Bol. Good Chilli with baked potato in the winter!!

@ItsJamesHall I only know because a friend who uses one have done so research and beginning to use one.

@GymGodders Just awful, so hard for you 😎

@bryaningram93 Absolutely with set expectations and boundaries!! However, once they are crossed then in most circumstances you can forget it.

@CruiseNorwegian when are you going to pre-advise customers who buy drinks packages that extra tax will be charged on board when sailing in Spanish waters for each drink? Telling them onboard on the day isn’t acceptable. @EU_Commission sort it out!!

Horrible service from @Enterprise Motril, Spain. My van for tomorrow is delayed 4hrs, but they want £50 more for a timely car swap. Corporate told me to just deal with the local office & ignored my reply! Unacceptable. Avoid them in Motril. #Enterprise #CarHire #Scam

@Enterprise Passing me back to the local office isn't helping. Warning to anyone in Motril: avoid Enterprise. They invent reasons to upcharge you on arrival. #Enterprise #CarHire #Vehiclerental #Motril #Scam

Extremely poor service from @Enterprise Motril, Spain for a rental tomorrow. Advised my 1-day van is delayed by 4 hours, yet I'm expected to pay £50 more for a timely car substitution. Please look into this immediately—"take it or leave it" is not customer service.

@Heccles94 Why exactly? #Justasking

@ItsJamesHall We pay extra on our mortgage but now looking at investing in stocks and shares in addition. It will be great to be mortgage free but I also want to retire earlier than 65!!

@wjprescott I agree. However, we need a major tax reform, let’s add a dedicated NHIF (National Health Insurance Fund) for the NHS and an SCF (Social Care Fund). People deserve a true, transparent understanding of exactly what they are paying or not paying for health and social care.

@andrewpakes_ I support assisted dying, but this should be decided by a national referendum. On an issue this profound, it needs to be the public's choice first and foremost, not just left to politicians to decide!!

@RupaHuq Let’s not distract Labour MPs from policies that undermine workers and economic growth in favor of expanding welfare. But on the topic of assisted dying: this is a profound ethical issue that belongs in a national referendum, not just a vote in Parliament.

@BenKentish Couldn’t agree with you more Ben!! Doesn’t reflect well on her as an MP or the Labour Party. Specifically on assisted dying, I believe the public should be given a say via referendum, it shouldn’t be wholly left in the hands of politicians to decide.

@Mullers1993 Couldn’t disagree with you more. One of thee worst pensions in Europe, needs to be substantially increased!!

Ten reasons wealth taxes don’t work: 1.Europe already ran the experiment and quit. Twelve OECD countries had wealth taxes in 1990; only four do now. Those that still have wealth taxes don’t have CGT or IHT. 2.Norway proved how dangerous they are. A tiny rate hike was meant to raise ~$146m; instead $54bn of wealth fled and revenue fell by ~$448m net.  They hit the opposite of the target. 3.It will hit regular people. Governments typically bring in taxes on the “super rich”, then when it doesn’t work they lower the threshold. 4.Britain already wealth-taxes by stealth. Council tax, stamp duty, dividend tax, frozen thresholds, CGT, 40% IHT, luxury tax, private school tax - we have a diffuse wealth tax wearing a dozen costumes. 5.Wealth is a guess, not a fact. Income hit a bank account; wealth is an opinion about future value. You end up taxing and then litigating based on arguable estimates, every single year. 6.Most people can’t tell wealth from income. The politics sells because the public conflates “owns £10m of illiquid business” with “earns £10m” - they’re nothing alike. 7.It punishes illiquidity. Paper-rich, cash-poor founders must strip dividends from their own companies to pay - taxing ownership by gutting the thing that makes jobs. 8.The mobile escape; the rooted pay. Norway’s most-taxed man left for Switzerland in a weekend.  The regional business owner and the homeowner can’t so they get the bill. 9.It causes capital flight. More super-rich Norwegians left in 2022 than in the previous 13 years combined.  Capital is the most mobile thing there is. 10.It eats the seed corn. Wealth is just deferred investment the capital funding the next hire and the next business. It raises little, invites avoidance, and drains the capital base.  BONUS: 90% of what we call wealth now is intangible - intellectual property, data, algorithms, startup venture valuations, brand equity etc. The days of wealth being houses, factories and materials that can be seized are long gone. If you make your country anti-wealth you are basically making it anti-competitive in the modern economy.

Gary Stevenson @garyseconomics

4 days ago

Why does The Economist hate wealth taxes?

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@GayTory Things will gets substantially worse if he becomes PM….thinking IMF worse 👀🙄.