CornwallFox

Precisely why a universal basic income has become an idea. If AI and robotics end up being the producers of goods and wealth, then the wealth created can be distributed across the country to free humanity from the burdens of work, to enjoy life as we were born to. Utopian most likely, but that's the idea.

Don't be ridiculous. The idea all the rich people of the country leave em masses because of a tiny increase in tax rates is laughable. You'd set up the tax and legal system to support taxing wealth. Tax assets leaving the UK at a higher rate than you're taxing wealth. Have limits on non-uk resident ownership of companies. Have a UK residency criteria on property ownership. The idea that we have to continuously reduce tax on the richest for them to invest. And then not tax them, or as little as possible, on their wealth afterwards in case they run away is ridiculous. I cannot fathom how so many on the right are happy to ignore the huge losses associated with Brexit but run scared of much smaller tax losses from a few people - but gains from everybody that's left - for taxing wealth. Of course entrepreneurship etc can lead to wealth but equally those people rely on the nation having a well educated workforce, government backed apprenticeship schemes, internet, road, rail, energy infrastructure. They don't do it in a bubble. I'm all for people having a great idea and getting rich on the back of it. I just have an expectation that once they've made it, they might let the workers that support them benefit a little so the nation doesn't have to top up their wages with benefits, and that they recognise the country they live in has benefited them and don't see paying tax as akin to theft. And when we talk about taxing wealth, we're not talking about targeting somebody on a couple of hundred thousand, maybe not even a millionaire, we're talking about the truly staggering wealth some have gained and which is no longer based on their ideas or work, but it's largely due to assets appreciating and the way they can leverage that.

Do that often? Painful trip if we play how we have recently!

The model of corporate governance introduced through the reforms of Thatcher and Reagan, which is different to corporate governance elsewhere, is one where legally corporations exist to maximise shareholder value. That means maximising profits and continuing to do so to show growth. There's only a few ways to do that and they do all of them: Raise prices as far as possible; reduce quality and material costs, pay the lowest wages possible, have as few staff as possible. CEOs get share options because they are picked by shareholders and their job is to increase share value. Having shares as part of their pay, as well as share price related bonuses, further incentivises them to make decisions that benefit shareholders. So ordinary workers get ever smaller slices and shareholders ever bigger slices, when it comes to sharing our the benefits of productivity increases and business growth. There used to be a balance so workers did see benefits but the 1980s reforms saw an end to that and workers have steadily been getting worse off ever since, while more and more if the national wealth is transferred to the rich. Capitalism is eating itself. And what do we see in society? 95% of benefit recipients are in work. 1 worker families are no longer possible. Large companies shedding thousands of jobs despite making billions in profits just because they might not hit share price targets. CEO: worker pay ratios have flown upwards. We have asset prices at record highs as the rich push their capital into assets like property, art etc, out of reach of ordinary people. See house prices in London. None of this has helped ordinary people. All of this needs to change.

There's no proper statistics around wealth leaving the country. None at all. We don't as a nation collect information on who is leaving the country. So it's pure fearmongering/speculation designed to push back on the idea of taxing wealth. Propogated by the wealthy. Maybe they'd leave, maybe they wouldn't, neither of us can be sure without any statistical evidence, but I'm unconvinced that relatively small increases in tax rates will see huge exodus of people who all benefit from being in one of the richest countries in the world with one of the most advanced infrastructures.

Sorry but I'm not a simp to the rich. The wealthiest are wealthy because our economy has been set up to funnel wealth to the top and there's no longer a fair distribution between labour and capital. We've already let them take more and more of the wealth of the nation. I'm not then running scared of threats to leave. I'll repeat, let them go.

You've entirely made those numbers up. Just complete fiction.

The fact that this stuff goes pretty much unreported, while our majority broadcasters still insist on having equal numbers of climate change deniers on TV as they do those explaining the science, is abominable.

Firstly, there's zero evidence of high net worth individuals moving abroad in numbers. Second, even if there were, so what? They can't take their fixed assets with them. Property doesn't move. Businesses aren't going anywhere. Put a tax on moving money out of the UK. Let them go. Let somebody a little more patriotic fill the gap and make the money they would have done.

Pretty incredible drop off by him. Thought he was a good shot stopped and what really stood out his how often he caught the ball rather than pushing away. Quality first year and in the Prem he saved many potential goals. expected him to kick on

BBC News - UK net migration 20% lower in 2024 than first thought, ONS says - BBC News https://www.bbc.co.uk/news/articles/cm2emzjre62o That's quite a large error of 20%!

This is why it would help for the club to come out and be honest about how big a hole the club is in. If we knew that we wouldn't have to hope for things we can't have and might be realistic about what's achievable and timescales

Anybody pulled out of a house purchase after paying for surveys etc. Can you sell them on to the next buyer? I know solicitors sell on their searches, though no idea if they keep all the money.

Yeah, fair enough 😆

Well everybody knows there's going to be some tax rises. So it's not really news. A bit of a 'so what' kinda tax rise. Not really a big issue for milk based drinks being included in the tax. But throw a bit of media infantalisation into the mix with the silly name and I'm sure somebody will find an issue.

When, just in the last few days?

You don't have to buy an electric car and you don't have to buy a heat pump. Have you been walked to the heat pump shop by a government employee? Also they do work.

As if you'll get an answer 😆

Tbh I think it is a bit of a mess. There's one good heavyweight. Will be interesting to see if Itauma can step up but tbh I think Usyk would be a great in any era and there's nobody to even get halfway to him in this one. And that's the blue riband event. Crawford Vs Canelo should have been a great fight but ended up very one sided. Not much else to get excited about.

Nuclear is very much part of the mix. But it's also incredibly expensive and takes an age to get built so a mix of nuclear, wind, solar and tidal are needed. The good news is the government has taken big strides forward on nuclear this year and has got funding in place and signed contracts to get them going.

Really kinda sick of the trump white house thinking they can shut down dissent across the globe by threatening legal action and tariffs against people, organisations and countries. We really should be shunning America for the next 4 years and very clearly tell their people why. They're no longer an ally that can be trusted.

Intergovernmental panel on climate change (IPCC) reports for anybody wanting to explore the science behind human caused climate change and also what we can do about it. https://www.ipcc.ch/reports/

I've removed the offending sentence so if you remove the quote it no longer exists 👍

Clean energy is far, far cheaper than fossil. Clean energy is better for the environment than fossil. Clean energy production looks and smells better than huge fossil power plants. Clean energy is and will create hundreds of thousands of jobs. Clean energy gives the UK an opportunity to develop technologies to sell to the world. There's literally no benefits to fossil energy over clean. And that's before we mention the climate emergency that really is an emergency no matter how much science you choose to ignore.

Currently watching Gillingham Vs Crawley on TV. Both teams attacking each other. Balls into the box. Shots, headers, hard running, tackles, relatively direct kinda football. It's so much more interesting than the top two divisions. This is what we need to get the fans going.