Non-Believer Posted January 1 Share Posted January 1 7 minutes ago, Banker said: Put up taxes including captain gains tax on investment properties, cut out NI loophole for company directors via loans etc, get a proper company to do lean management review of CS starting 1 department at a time, recruitment freeze on non frontline staff without treasury sign off, prescription fees up for everyone who can afford including pensioners. But a lean management review of the CS would almost certainly lead to substantial cuts in CS numbers which is only what everybody else is suggesting or calling for anyway 🤷♂️. There is already a long-standing CS recruitment cap in place which is being ignored. What is missing is the political knowledge and will to impose and enforce what is already there but we already know that. Unless of course this is, in fact, policy in order to grow the Island's population numbers and is a huge gamble on succeeding before the reserves run out. Precisely what funds it after that is anybody's guess? 2 1 Quote Link to comment Share on other sites More sharing options...
Banker Posted January 1 Share Posted January 1 6 minutes ago, John Wright said: It’s the loan loophole, it’s not income at all, so no tax or NI. Its the dividend loophole that’s solely NI. All these loopholes need looking at as well as the SIPS whereby those who have large pensions pots avoid income tax by just drawing down capital each year, these people should be paying their fair share. 1 Quote Link to comment Share on other sites More sharing options...
John Wright Posted January 1 Share Posted January 1 3 minutes ago, Banker said: All these loopholes need looking at as well as the SIPS whereby those who have large pensions pots avoid income tax by just drawing down capital each year, these people should be paying their fair share. Err, that’s not how SIPS work either. You get tax relief on the way in. You get a tax free lump sum entitlement on the way out. After that you pay tax on everything you withdraw, at standard rates, whether what you take out is from income, capital or a mix. Quote Link to comment Share on other sites More sharing options...
Banker Posted January 1 Share Posted January 1 54 minutes ago, John Wright said: Err, that’s not how SIPS work either. You get tax relief on the way in. You get a tax free lump sum entitlement on the way out. After that you pay tax on everything you withdraw, at standard rates, whether what you take out is from income, capital or a mix. Err, no you don’t if structured properly, I know several high earners who took pensions out and haven’t paid income tax for 10 years on drawings however it’s done. Changes have been considered with industry but they’re against any changes to protect their lucrative business. Quote Link to comment Share on other sites More sharing options...
Kopek Posted January 1 Share Posted January 1 You're really 'Banking' on tax increases aren't you! Do you have money on it? Quote Link to comment Share on other sites More sharing options...
Kopek Posted January 1 Share Posted January 1 It's really pointless to blame MHKs for the state we are in. They will in the majority be reasonably intelligent and adroit. Certainly as much as the rest of us. Even poor Govts make good decisions sometimes, necessary decisions to keep our Country working, we do want Hospitals and Schools don't we? Comin rarely lose a vote, MHKs are not bound by 'patronage' now, yet still Comin pass their legislation, with whose support? MHKs. Where would the back bench opposition come from, the MHKs who support sensible Govt policy? The much vaunted Party politics could only offer the same opposition as the current back benchers, there will always be some of these who support Govt policy because it is the right way forward. Schools and Hospitals etc etc. Too many CS? So fire them, then they are on the job market and taking over ''YOUR'' jobs! Is that what you want? Careful what you wish for. Quote Link to comment Share on other sites More sharing options...
finlo Posted January 1 Share Posted January 1 5 minutes ago, Kopek said: Too many CS? So fire them, then they are on the job market and taking over ''YOUR'' jobs! Is that what you want? Careful what you wish for. Nah, there's thousands of jobs out there going unfilled so we keep getting told. 1 Quote Link to comment Share on other sites More sharing options...
Kopek Posted January 1 Share Posted January 1 (edited) I was thinking of the 30 somethings FFinlo,They're the ones who would find their jobs under pressure because they're not really any better that the CS or the MHKs??? Edited January 1 by Kopek Quote Link to comment Share on other sites More sharing options...
Non-Believer Posted January 1 Share Posted January 1 10 minutes ago, Kopek said: It's really pointless to blame MHKs for the state we are in. They will in the majority be reasonably intelligent and adroit. Well we certainly didn't get into the position that we are in through the diligent oversight of our elected, did we? We got into this position because decisions were made and actions taken frequently without our elected knowing or worse, being misled about what was going on or what the likely consequences would be. But it's their job to know and to be asking questions, they don't and they haven't. And because they all piss out of the tent, they are very unlikely to. Rather, they just make excuses for it and wring their hands after the event. Look at the power station, look at the Promenade, look at the terminal for the current big three. Or red zebra crossings. 1 1 Quote Link to comment Share on other sites More sharing options...
Kopek Posted January 1 Share Posted January 1 9 minutes ago, Kopek said: because they're not really any better that the CS or the MHKs??? They are from the same ''Stock'' as the CS and mhks, just not as politically motivated to stand for election??? Quote Link to comment Share on other sites More sharing options...
Kopek Posted January 1 Share Posted January 1 (edited) A few years ago, I would say that the majority of MF posters, perhaps you, were in favour of a Prom revamp, a LPL landing stage. Your MHK listened and you got what you voted for? Whose fault was that??? Edited January 1 by Kopek Quote Link to comment Share on other sites More sharing options...
finlo Posted January 1 Share Posted January 1 5 minutes ago, Kopek said: A few years ago, I would say that the majority of MF posters, perhaps you, were in favour of a Prom revamp, a LPL landing stage. Your MHK listened and you got what you voted for? Whose fault was that??? Liverpool landing stage was caused by Peel ports. And our lot have fucked it up ever since! Quote Link to comment Share on other sites More sharing options...
Kopek Posted January 1 Share Posted January 1 (edited) The loss of lpl was because LPL or Peel ports thought that the Cruise industry would be more lucrative than us. Seems that industry has plateaued but too late for us. Still leaves us wanting a LPL port and and a new Prom which 'we' favoured? If LPL was so important to us, would a BUS company not have stepped in to provide the link from Heysham to LPL, 2 hr journey, 5000 quid a journey, sounds good!!! Edited January 1 by Kopek Quote Link to comment Share on other sites More sharing options...
Non-Believer Posted January 1 Share Posted January 1 10 minutes ago, Kopek said: A few years ago, I would say that the majority of MF posters, perhaps you, were in favour of a Prom revamp, a LPL landing stage. Your MHK listened and you got what you voted for? Whose fault was that??? There were very few people who would have wished for what has been done in their name, had they been accurately consulted about it first. The Prom needed resurfacing, nobody argues about that. Nobody asked for, or knew about, the Chinese makeover and the ruination of the horsetrams. What we ended up with didn't even resemble the proposals and is falling to bits already. Yet even as they could see it happening, MHKs were making excuses for it and still are. People were told that the terminal would be at no cost and would be completed years ago. Now our elected are trying to downplay the costs and it's all been nobody's fault (again). Had we had an effective political opposition rather than a collection of nodding dogs there might have been more criticism, scrutiny and diligence. 2 Quote Link to comment Share on other sites More sharing options...
Kopek Posted January 1 Share Posted January 1 6 minutes ago, Non-Believer said: Had we had an effective political opposition rather than a collection of nodding dogs there might have been more criticism, scrutiny and diligence. ....but as I say above, ypou voted for them, you effectively gave them your permission to act on your behalf and try to give you what you had indicated what you want??? If you have an idea of a system that would change this, speak now or for .......... Not fair of course, It is not for us to come up with the solutions, that is why we elect MHKs. You did vote didn't you??? Quote Link to comment Share on other sites More sharing options...
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