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# So this 50% tax bracket then.
All the arguments yesterday seemed to be 'Well, the top earners will fuck off abroad'.

Surely this is a good thing, as it creates jobs and therefore reduces unemployment, unburdens the taxpayer slightly, and makes for good news.

Doesn't it?
(I helped save b3ta! Joe Scaramanga with a G-double-O-D vibration, Thu 23 Apr 2009, 14:14, archived)
# they won't fuck off
but their money will, as they're accountants find ever more creative ways to get round the tax laws
(I helped save b3ta! twig Save 6 Music, Thu 23 Apr 2009, 14:19, archived)
# If they sell up and move abroad this will also stimulate the housing market
win win win!
(I helped save b3ta! Barbarossa is not my real name, Thu 23 Apr 2009, 14:19, archived)
# I don't think many of you understand economics.
They'll keep the houses. They'd have bought them for 1mil + a pop and be in negative equity now – so can’t sell that off, plus it would have been bought as pension perk and therefore tax deductible.

Having rich fuckers about is handy cos they tend to spend money in shops and things. Most likely they've got more money than sense / time so don't spend hours in lidl looking for a bargain. Profit from them is higher.

When they fuck off lots of staff go with them, less tax receipts for the government.
Rich foreign fuckers are not tempted to move here, so won’t invest here, wont move their business here, wont buy and house here, wont need to do it up here.

Basically, the money is where the money is! If the money goes, there is no money for the rest of us.
I’d drop tax for them when they spend over X amount – works for supermarkets!
(waxdart hello., Thu 23 Apr 2009, 14:35, archived)
# I was actually being facetious
I'm fairly confident I understand economics as much as the next man, if not better

especially if the "next man" is Alistair Darling

(I helped save b3ta! Barbarossa is not my real name, Thu 23 Apr 2009, 14:38, archived)
# fair'nuff
scrub that out then I will.
(waxdart hello., Thu 23 Apr 2009, 14:39, archived)
# Awwww
You made valid points though
(I helped save b3ta! Barbarossa is not my real name, Thu 23 Apr 2009, 14:40, archived)
# Also, the top earners are not necessarily useless
but may be clever and good at stuff, like inventing things or organising us to be profitable; and they're likely to be employers, or the kind of high-playing clients who keep other people in business.
(_Felix 's school of dance and occult sciences, Thu 23 Apr 2009, 14:51, archived)
# on the other hand - they may also be cunts who are very overpaid for what they do.
I hope to join that group oneday.
(waxdart hello., Thu 23 Apr 2009, 15:01, archived)