BREXIT - Is This Really Still Rumbling On? 😴

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Comments

  • coopster_the_1st
    coopster_the_1st Posts: 5,158
    spatt77 said:

    surrey_commuter said:

    rick_chasey said:

    ballysmate said:

    morstar said:

    ballysmate said:

    morstar said:

    Stevo_666 said:

    morstar said:

    We’ll soon have the Brexit equivalent of a trabant.
    That’ll show ‘em.
    Powered on fish no less.

    Nissan not good enough for you?
    https://theguardian.com/business/2020/feb/03/nissan-eu-uk-hard-brexit

    Or if you're feeling flush there's the hometown options such as McLaren, Lotus, Jaguar, Aston Martin, Rolls, Caterham etc.
    It’s only a joke but still relevant even given your examples.
    Our current specialist engineering and mass production capabilities are reflective of our place in an open, inclusive world.
    The Trabant was the output of a closed nation.
    I'm sure Stevo will be along soon to point out, again, that whichever way you look at it, the EU economy has shrunk as a % of the world economy.
    So Brexiteers would argue that wanting to open trade markets outside the EU is the opposite of being a closed nation.
    I agree the liberal elites who promoted Brexit (yes) are supportive of free trade. I’d argue that a significant proportion of Brexit voters want the opposite and expect a closed, British jobs for British people Brexit.
    I have argued this on here before. Brexit was all things to all people and what the majority of the 52% voted for is the exact opposite of what they’re getting. The whole thing is a seething mess of contradictions.
    I’m not going to debate it to death though, that has already been done and I made my contribution at the time.
    It was a light hearted comment which rings true to a sub-set of the Brexit mentality. That is all.
    @Morstar, that is one of the reasons I seldom post on this thread. The argument has been done to death and I have said my piece as well.
    There's just a hard core left now who wish to chase the same arguments round and round.
    It's rather obvious but the realities haven't changed. That's why.
    The fog continues to lift and the realities become more obvious to more people.

    The amount of column inches given over to roaming charges and holiday insurance makes me despair for the well being of our once great country.
    Oh no, not roaming charges! how will i ever survive!;)
    Amazing how with some mobile companies we don't have roaming charges in Australia and the US...

    Also, duty free will return.
  • rjsterry
    rjsterry Posts: 29,562
    @surrey_commuter. Patrick Minford is on Newsnight tonight. Enjoy!
    1985 Mercian King of Mercia - work in progress (Hah! Who am I kidding?)
    Pinnacle Monzonite

    Part of the anti-growth coalition
  • surrey_commuter
    surrey_commuter Posts: 18,867
    rjsterry said:

    @surrey_commuter. Patrick Minford is on Newsnight tonight. Enjoy!

    I am always surprised he is still alive.

    Is he still advocating policies that will reduce UK manufacturing to zero.
  • rjsterry
    rjsterry Posts: 29,562
    Pretty much. I think the gist was that we'll be able to import more stuff at lower cost. One of those 'why is he even there?' interviews.
    1985 Mercian King of Mercia - work in progress (Hah! Who am I kidding?)
    Pinnacle Monzonite

    Part of the anti-growth coalition
  • TheBigBean
    TheBigBean Posts: 21,919
    surrey_commuter said:

    rjsterry said:

    @surrey_commuter. Patrick Minford is on Newsnight tonight. Enjoy!

    I am always surprised he is still alive.

    Is he still advocating policies that will reduce UK manufacturing to zero.
    I thought you were a fan of that?
  • surrey_commuter
    surrey_commuter Posts: 18,867
    TheBigBean said:

    surrey_commuter said:

    rjsterry said:

    @surrey_commuter. Patrick Minford is on Newsnight tonight. Enjoy!

    I am always surprised he is still alive.

    Is he still advocating policies that will reduce UK manufacturing to zero.
    I thought you were a fan of that?
    You think I want the UK to leave the Single Market?
  • spatt77
    spatt77 Posts: 324
    coopster_the_1st said:

    spatt77 said:

    surrey_commuter said:

    rick_chasey said:

    ballysmate said:

    morstar said:

    ballysmate said:

    morstar said:

    Stevo_666 said:

    morstar said:

    We’ll soon have the Brexit equivalent of a trabant.
    That’ll show ‘em.
    Powered on fish no less.

    Nissan not good enough for you?
    https://theguardian.com/business/2020/feb/03/nissan-eu-uk-hard-brexit

    Or if you're feeling flush there's the hometown options such as McLaren, Lotus, Jaguar, Aston Martin, Rolls, Caterham etc.
    It’s only a joke but still relevant even given your examples.
    Our current specialist engineering and mass production capabilities are reflective of our place in an open, inclusive world.
    The Trabant was the output of a closed nation.
    I'm sure Stevo will be along soon to point out, again, that whichever way you look at it, the EU economy has shrunk as a % of the world economy.
    So Brexiteers would argue that wanting to open trade markets outside the EU is the opposite of being a closed nation.
    I agree the liberal elites who promoted Brexit (yes) are supportive of free trade. I’d argue that a significant proportion of Brexit voters want the opposite and expect a closed, British jobs for British people Brexit.
    I have argued this on here before. Brexit was all things to all people and what the majority of the 52% voted for is the exact opposite of what they’re getting. The whole thing is a seething mess of contradictions.
    I’m not going to debate it to death though, that has already been done and I made my contribution at the time.
    It was a light hearted comment which rings true to a sub-set of the Brexit mentality. That is all.
    @Morstar, that is one of the reasons I seldom post on this thread. The argument has been done to death and I have said my piece as well.
    There's just a hard core left now who wish to chase the same arguments round and round.
    It's rather obvious but the realities haven't changed. That's why.
    The fog continues to lift and the realities become more obvious to more people.

    The amount of column inches given over to roaming charges and holiday insurance makes me despair for the well being of our once great country.
    Oh no, not roaming charges! how will i ever survive!;)
    Amazing how with some mobile companies we don't have roaming charges in Australia and the US...

    Also, duty free will return.
    Stevo, Coopster, this is the final straw! i`m voting remain!:)
  • Stevo_666
    Stevo_666 Posts: 61,428
    spatt77 said:

    coopster_the_1st said:

    spatt77 said:

    surrey_commuter said:

    rick_chasey said:

    ballysmate said:

    morstar said:

    ballysmate said:

    morstar said:

    Stevo_666 said:

    morstar said:

    We’ll soon have the Brexit equivalent of a trabant.
    That’ll show ‘em.
    Powered on fish no less.

    Nissan not good enough for you?
    https://theguardian.com/business/2020/feb/03/nissan-eu-uk-hard-brexit

    Or if you're feeling flush there's the hometown options such as McLaren, Lotus, Jaguar, Aston Martin, Rolls, Caterham etc.
    It’s only a joke but still relevant even given your examples.
    Our current specialist engineering and mass production capabilities are reflective of our place in an open, inclusive world.
    The Trabant was the output of a closed nation.
    I'm sure Stevo will be along soon to point out, again, that whichever way you look at it, the EU economy has shrunk as a % of the world economy.
    So Brexiteers would argue that wanting to open trade markets outside the EU is the opposite of being a closed nation.
    I agree the liberal elites who promoted Brexit (yes) are supportive of free trade. I’d argue that a significant proportion of Brexit voters want the opposite and expect a closed, British jobs for British people Brexit.
    I have argued this on here before. Brexit was all things to all people and what the majority of the 52% voted for is the exact opposite of what they’re getting. The whole thing is a seething mess of contradictions.
    I’m not going to debate it to death though, that has already been done and I made my contribution at the time.
    It was a light hearted comment which rings true to a sub-set of the Brexit mentality. That is all.
    @Morstar, that is one of the reasons I seldom post on this thread. The argument has been done to death and I have said my piece as well.
    There's just a hard core left now who wish to chase the same arguments round and round.
    It's rather obvious but the realities haven't changed. That's why.
    The fog continues to lift and the realities become more obvious to more people.

    The amount of column inches given over to roaming charges and holiday insurance makes me despair for the well being of our once great country.
    Oh no, not roaming charges! how will i ever survive!;)
    Amazing how with some mobile companies we don't have roaming charges in Australia and the US...

    Also, duty free will return.
    Stevo, Coopster, this is the final straw! i`m voting remain!:)
    What's wrong with duty free? :p
    "I spent most of my money on birds, booze and fast cars: the rest of it I just squandered." [George Best]
  • spatt77
    spatt77 Posts: 324
    Stevo_666 said:

    spatt77 said:

    coopster_the_1st said:

    spatt77 said:

    surrey_commuter said:

    rick_chasey said:

    ballysmate said:

    morstar said:

    ballysmate said:

    morstar said:

    Stevo_666 said:

    morstar said:

    We’ll soon have the Brexit equivalent of a trabant.
    That’ll show ‘em.
    Powered on fish no less.

    Nissan not good enough for you?
    https://theguardian.com/business/2020/feb/03/nissan-eu-uk-hard-brexit

    Or if you're feeling flush there's the hometown options such as McLaren, Lotus, Jaguar, Aston Martin, Rolls, Caterham etc.
    It’s only a joke but still relevant even given your examples.
    Our current specialist engineering and mass production capabilities are reflective of our place in an open, inclusive world.
    The Trabant was the output of a closed nation.
    I'm sure Stevo will be along soon to point out, again, that whichever way you look at it, the EU economy has shrunk as a % of the world economy.
    So Brexiteers would argue that wanting to open trade markets outside the EU is the opposite of being a closed nation.
    I agree the liberal elites who promoted Brexit (yes) are supportive of free trade. I’d argue that a significant proportion of Brexit voters want the opposite and expect a closed, British jobs for British people Brexit.
    I have argued this on here before. Brexit was all things to all people and what the majority of the 52% voted for is the exact opposite of what they’re getting. The whole thing is a seething mess of contradictions.
    I’m not going to debate it to death though, that has already been done and I made my contribution at the time.
    It was a light hearted comment which rings true to a sub-set of the Brexit mentality. That is all.
    @Morstar, that is one of the reasons I seldom post on this thread. The argument has been done to death and I have said my piece as well.
    There's just a hard core left now who wish to chase the same arguments round and round.
    It's rather obvious but the realities haven't changed. That's why.
    The fog continues to lift and the realities become more obvious to more people.

    The amount of column inches given over to roaming charges and holiday insurance makes me despair for the well being of our once great country.
    Oh no, not roaming charges! how will i ever survive!;)
    Amazing how with some mobile companies we don't have roaming charges in Australia and the US...

    Also, duty free will return.
    Stevo, Coopster, this is the final straw! i`m voting remain!:)
    What's wrong with duty free? :p
    It`ll be full of that wine, you know the one, they make it with sour grapes and salty remainers tears! I quite like it actually! ;)
  • pblakeney
    pblakeney Posts: 27,330
    But you'l only be allowed to bring back one bottle.
    End of the booze cruise business.
    The above may be fact, or fiction, I may be serious, I may be jesting.
    I am not sure. You have no chance.
    Veronese68 wrote:
    PB is the most sensible person on here.
  • Stevo_666
    Stevo_666 Posts: 61,428
    spatt77 said:

    Stevo_666 said:

    spatt77 said:

    coopster_the_1st said:

    spatt77 said:

    surrey_commuter said:

    rick_chasey said:

    ballysmate said:

    morstar said:

    ballysmate said:

    morstar said:

    Stevo_666 said:

    morstar said:

    We’ll soon have the Brexit equivalent of a trabant.
    That’ll show ‘em.
    Powered on fish no less.

    Nissan not good enough for you?
    https://theguardian.com/business/2020/feb/03/nissan-eu-uk-hard-brexit

    Or if you're feeling flush there's the hometown options such as McLaren, Lotus, Jaguar, Aston Martin, Rolls, Caterham etc.
    It’s only a joke but still relevant even given your examples.
    Our current specialist engineering and mass production capabilities are reflective of our place in an open, inclusive world.
    The Trabant was the output of a closed nation.
    I'm sure Stevo will be along soon to point out, again, that whichever way you look at it, the EU economy has shrunk as a % of the world economy.
    So Brexiteers would argue that wanting to open trade markets outside the EU is the opposite of being a closed nation.
    I agree the liberal elites who promoted Brexit (yes) are supportive of free trade. I’d argue that a significant proportion of Brexit voters want the opposite and expect a closed, British jobs for British people Brexit.
    I have argued this on here before. Brexit was all things to all people and what the majority of the 52% voted for is the exact opposite of what they’re getting. The whole thing is a seething mess of contradictions.
    I’m not going to debate it to death though, that has already been done and I made my contribution at the time.
    It was a light hearted comment which rings true to a sub-set of the Brexit mentality. That is all.
    @Morstar, that is one of the reasons I seldom post on this thread. The argument has been done to death and I have said my piece as well.
    There's just a hard core left now who wish to chase the same arguments round and round.
    It's rather obvious but the realities haven't changed. That's why.
    The fog continues to lift and the realities become more obvious to more people.

    The amount of column inches given over to roaming charges and holiday insurance makes me despair for the well being of our once great country.
    Oh no, not roaming charges! how will i ever survive!;)
    Amazing how with some mobile companies we don't have roaming charges in Australia and the US...

    Also, duty free will return.
    Stevo, Coopster, this is the final straw! i`m voting remain!:)
    What's wrong with duty free? :p
    It`ll be full of that wine, you know the one, they make it with sour grapes and salty remainers tears! I quite like it actually! ;)
    Reminds of this cheeky little number after Johnny Wilkinson won the RWC with his magic boot:



    'Made with pure sour grapes' :smile:
    "I spent most of my money on birds, booze and fast cars: the rest of it I just squandered." [George Best]
  • spatt77
    spatt77 Posts: 324
    Stevo_666 said:

    spatt77 said:

    Stevo_666 said:

    spatt77 said:

    coopster_the_1st said:

    spatt77 said:

    surrey_commuter said:

    rick_chasey said:

    ballysmate said:

    morstar said:

    ballysmate said:

    morstar said:

    Stevo_666 said:

    morstar said:

    We’ll soon have the Brexit equivalent of a trabant.
    That’ll show ‘em.
    Powered on fish no less.

    Nissan not good enough for you?
    https://theguardian.com/business/2020/feb/03/nissan-eu-uk-hard-brexit

    Or if you're feeling flush there's the hometown options such as McLaren, Lotus, Jaguar, Aston Martin, Rolls, Caterham etc.
    It’s only a joke but still relevant even given your examples.
    Our current specialist engineering and mass production capabilities are reflective of our place in an open, inclusive world.
    The Trabant was the output of a closed nation.
    I'm sure Stevo will be along soon to point out, again, that whichever way you look at it, the EU economy has shrunk as a % of the world economy.
    So Brexiteers would argue that wanting to open trade markets outside the EU is the opposite of being a closed nation.
    I agree the liberal elites who promoted Brexit (yes) are supportive of free trade. I’d argue that a significant proportion of Brexit voters want the opposite and expect a closed, British jobs for British people Brexit.
    I have argued this on here before. Brexit was all things to all people and what the majority of the 52% voted for is the exact opposite of what they’re getting. The whole thing is a seething mess of contradictions.
    I’m not going to debate it to death though, that has already been done and I made my contribution at the time.
    It was a light hearted comment which rings true to a sub-set of the Brexit mentality. That is all.
    @Morstar, that is one of the reasons I seldom post on this thread. The argument has been done to death and I have said my piece as well.
    There's just a hard core left now who wish to chase the same arguments round and round.
    It's rather obvious but the realities haven't changed. That's why.
    The fog continues to lift and the realities become more obvious to more people.

    The amount of column inches given over to roaming charges and holiday insurance makes me despair for the well being of our once great country.
    Oh no, not roaming charges! how will i ever survive!;)
    Amazing how with some mobile companies we don't have roaming charges in Australia and the US...

    Also, duty free will return.
    Stevo, Coopster, this is the final straw! i`m voting remain!:)
    What's wrong with duty free? :p
    It`ll be full of that wine, you know the one, they make it with sour grapes and salty remainers tears! I quite like it actually! ;)
    Reminds of this cheeky little number after Johnny Wilkinson won the RWC with his magic boot:



    'Made with pure sour grapes' :smile:
    Im sure Surrey Commuter will have a graph to tell us how acidic it is!;)
  • TheBigBean
    TheBigBean Posts: 21,919
    surrey_commuter said:

    TheBigBean said:

    surrey_commuter said:

    rjsterry said:

    @surrey_commuter. Patrick Minford is on Newsnight tonight. Enjoy!

    I am always surprised he is still alive.

    Is he still advocating policies that will reduce UK manufacturing to zero.
    I thought you were a fan of that?
    You think I want the UK to leave the Single Market?
    No I thought you were all for letting uncompetitive industries fail e.g. farming and fishing
  • coopster_the_1st
    coopster_the_1st Posts: 5,158
    edited July 2020
    All not well in EU land with Ireland winning the Apple tax case (I'm sure Stevo understands the tax side of this better)

    So now it looks like they are going to circumvent the current tax veto via another mechanism (Article 116) which means it gets voted on via qualified majority. It looks like scope creep as the EU further sucks up power from national governments.

  • surrey_commuter
    surrey_commuter Posts: 18,867
    TheBigBean said:

    surrey_commuter said:

    TheBigBean said:

    surrey_commuter said:

    rjsterry said:

    @surrey_commuter. Patrick Minford is on Newsnight tonight. Enjoy!

    I am always surprised he is still alive.

    Is he still advocating policies that will reduce UK manufacturing to zero.
    I thought you were a fan of that?
    You think I want the UK to leave the Single Market?
    No I thought you were all for letting uncompetitive industries fail e.g. farming and fishing
    I am all for minimal Govt interference and that would include making possibly the dumbest economic decision of all time.
  • spatt77
    spatt77 Posts: 324
    surrey_commuter said:

    TheBigBean said:

    surrey_commuter said:

    TheBigBean said:

    surrey_commuter said:

    rjsterry said:

    @surrey_commuter. Patrick Minford is on Newsnight tonight. Enjoy!

    I am always surprised he is still alive.

    Is he still advocating policies that will reduce UK manufacturing to zero.
    I thought you were a fan of that?
    You think I want the UK to leave the Single Market?
    No I thought you were all for letting uncompetitive industries fail e.g. farming and fishing
    I am all for minimal Govt interference and that would include making possibly the dumbest economic decision of all time.
    In your humble opinion!
  • Stevo_666
    Stevo_666 Posts: 61,428
    coopster_the_1st said:

    All not well in EU land with Ireland winning the Apple tax case (I'm sure Stevo understands the tax side of this better)

    So now it looks like they are going to circumvent the current tax veto via another mechanism (Article 116) which means it gets voted on via qualified majority. It looks like scope creep as the EU further sucks up power from national governments.

    The Apple case is a well deserved victory for both Apple and the Irish state who took sides with Apple against the EU.

    The move to QMV means that the EU is on the slippery slope to making taxation an EU controlled area. Watch out for fresh references to the Consolidated Corporate tax Base (CCTB), which has been around for a while but couldn't get anywhere as sensible countries like the UK vetoed it:
    https://ec.europa.eu/taxation_customs/business/company-tax/common-consolidated-corporate-tax-base-ccctb_en

    In order to work, all countries have to have the same tax rules - which will of course be set by the EU.

    No thanks...
    "I spent most of my money on birds, booze and fast cars: the rest of it I just squandered." [George Best]
  • rick_chasey
    rick_chasey Posts: 75,661
    Well deserved win for apple?

    What have they deserved by paying effective corporate tax rate of 1 percent on its European profits in 2003 down to 0.005 percent in 2014?
    _
  • surrey_commuter
    surrey_commuter Posts: 18,867
    spatt77 said:

    surrey_commuter said:

    TheBigBean said:

    surrey_commuter said:

    TheBigBean said:

    surrey_commuter said:

    rjsterry said:

    @surrey_commuter. Patrick Minford is on Newsnight tonight. Enjoy!

    I am always surprised he is still alive.

    Is he still advocating policies that will reduce UK manufacturing to zero.
    I thought you were a fan of that?
    You think I want the UK to leave the Single Market?
    No I thought you were all for letting uncompetitive industries fail e.g. farming and fishing
    I am all for minimal Govt interference and that would include making possibly the dumbest economic decision of all time.
    In your humble opinion!
    Name some worse economic decisions
  • briantrumpet
    briantrumpet Posts: 20,377
    rick_chasey said:

    Well deserved win for apple?

    What have they deserved by paying effective corporate tax rate of 1 percent on its European profits in 2003 down to 0.005 percent in 2014?


    That must be a wet dream for people whose job it is to minimise the tax burden on companies.
    https://www.facebook.com/unanglaisendiois
  • Stevo_666
    Stevo_666 Posts: 61,428
    rick_chasey said:

    Well deserved win for apple?

    What have they deserved by paying effective corporate tax rate of 1 percent on its European profits in 2003 down to 0.005 percent in 2014?

    If it wasn't well deserved, explain why Apple won the court case.

    Also, explain why Ireland supported Apple.
    "I spent most of my money on birds, booze and fast cars: the rest of it I just squandered." [George Best]
  • Stevo_666
    Stevo_666 Posts: 61,428
    edited July 2020
    briantrumpet said:

    rick_chasey said:

    Well deserved win for apple?

    What have they deserved by paying effective corporate tax rate of 1 percent on its European profits in 2003 down to 0.005 percent in 2014?


    That must be a wet dream for people whose job it is to minimise the tax burden on companies.
    Ireland willingly granted the tax treatment that led to this, so not sure what the problem is. As mentioned above, Ireland supported Apple in its successful appeal against the EU.
    "I spent most of my money on birds, booze and fast cars: the rest of it I just squandered." [George Best]
  • rick_chasey
    rick_chasey Posts: 75,661
    Stevo_666 said:

    briantrumpet said:

    rick_chasey said:

    Well deserved win for apple?

    What have they deserved by paying effective corporate tax rate of 1 percent on its European profits in 2003 down to 0.005 percent in 2014?


    That must be a wet dream for people whose job it is to minimise the tax burden on companies.
    Ireland willingly granted the tax treatment that led to this, so not sure what the problem is. As mentioned above, Ireland supported Apple in its successful appeal against the EU.
    Because it distorts markets and a tax race to the bottom is in no-nation's interest
    _
  • surrey_commuter
    surrey_commuter Posts: 18,867
    briantrumpet said:

    rick_chasey said:

    Well deserved win for apple?

    What have they deserved by paying effective corporate tax rate of 1 percent on its European profits in 2003 down to 0.005 percent in 2014?


    That must be a wet dream for people whose job it is to minimise the tax burden on companies.
    I imagine the reverse is true
  • Stevo_666
    Stevo_666 Posts: 61,428
    rick_chasey said:

    Stevo_666 said:

    briantrumpet said:

    rick_chasey said:

    Well deserved win for apple?

    What have they deserved by paying effective corporate tax rate of 1 percent on its European profits in 2003 down to 0.005 percent in 2014?


    That must be a wet dream for people whose job it is to minimise the tax burden on companies.
    Ireland willingly granted the tax treatment that led to this, so not sure what the problem is. As mentioned above, Ireland supported Apple in its successful appeal against the EU.
    Because it distorts markets and a tax race to the bottom is in no-nation's interest
    So why did Ireland willingly grant the tax treatment? Charity?

    Also you haven't explained why it wasn't well deserved. Apple were right in the eyes of the law: who are we to say different?
    "I spent most of my money on birds, booze and fast cars: the rest of it I just squandered." [George Best]
  • briantrumpet
    briantrumpet Posts: 20,377
    rick_chasey said:

    Stevo_666 said:

    briantrumpet said:

    rick_chasey said:

    Well deserved win for apple?

    What have they deserved by paying effective corporate tax rate of 1 percent on its European profits in 2003 down to 0.005 percent in 2014?


    That must be a wet dream for people whose job it is to minimise the tax burden on companies.
    Ireland willingly granted the tax treatment that led to this, so not sure what the problem is. As mentioned above, Ireland supported Apple in its successful appeal against the EU.
    Because it distorts markets and a tax race to the bottom is in no-nation's interest

    Though, to be fair to Apple, its cash pile is down to just $192.8bn
    https://www.facebook.com/unanglaisendiois
  • kingstongraham
    kingstongraham Posts: 28,154
    Stevo_666 said:

    rick_chasey said:

    Stevo_666 said:

    briantrumpet said:

    rick_chasey said:

    Well deserved win for apple?

    What have they deserved by paying effective corporate tax rate of 1 percent on its European profits in 2003 down to 0.005 percent in 2014?


    That must be a wet dream for people whose job it is to minimise the tax burden on companies.
    Ireland willingly granted the tax treatment that led to this, so not sure what the problem is. As mentioned above, Ireland supported Apple in its successful appeal against the EU.
    Because it distorts markets and a tax race to the bottom is in no-nation's interest
    So why did Ireland willingly grant the tax treatment? Charity?

    You're better than that. Come on.
  • coopster_the_1st
    coopster_the_1st Posts: 5,158
    surrey_commuter said:

    spatt77 said:

    surrey_commuter said:

    TheBigBean said:

    surrey_commuter said:

    TheBigBean said:

    surrey_commuter said:

    rjsterry said:

    @surrey_commuter. Patrick Minford is on Newsnight tonight. Enjoy!

    I am always surprised he is still alive.

    Is he still advocating policies that will reduce UK manufacturing to zero.
    I thought you were a fan of that?
    You think I want the UK to leave the Single Market?
    No I thought you were all for letting uncompetitive industries fail e.g. farming and fishing
    I am all for minimal Govt interference and that would include making possibly the dumbest economic decision of all time.
    In your humble opinion!
    Name some worse economic decisions
    Stevo_666 said:

    rick_chasey said:

    Stevo_666 said:

    briantrumpet said:

    rick_chasey said:

    Well deserved win for apple?

    What have they deserved by paying effective corporate tax rate of 1 percent on its European profits in 2003 down to 0.005 percent in 2014?


    That must be a wet dream for people whose job it is to minimise the tax burden on companies.
    Ireland willingly granted the tax treatment that led to this, so not sure what the problem is. As mentioned above, Ireland supported Apple in its successful appeal against the EU.
    Because it distorts markets and a tax race to the bottom is in no-nation's interest
    So why did Ireland willingly grant the tax treatment? Charity?

    Also you haven't explained why it wasn't well deserved. Apple were right in the eyes of the law: who are we to say different?
    I have a feeling you are going to get another page of posts where people try to 'educate' you on tax law :smiley:
  • rick_chasey
    rick_chasey Posts: 75,661
    edited July 2020
    Stevo_666 said:

    rick_chasey said:

    Stevo_666 said:

    briantrumpet said:

    rick_chasey said:

    Well deserved win for apple?

    What have they deserved by paying effective corporate tax rate of 1 percent on its European profits in 2003 down to 0.005 percent in 2014?


    That must be a wet dream for people whose job it is to minimise the tax burden on companies.
    Ireland willingly granted the tax treatment that led to this, so not sure what the problem is. As mentioned above, Ireland supported Apple in its successful appeal against the EU.
    Because it distorts markets and a tax race to the bottom is in no-nation's interest
    So why did Ireland willingly grant the tax treatment? Charity?

    Also you haven't explained why it wasn't well deserved. Apple were right in the eyes of the law: who are we to say different?
    We've had this discussion before multiple times. If corporation tax is a thing, it seems to me that the system works best when it has no favours and is applied fairly to everyone.

    I don't believe in the advantages to society as whole of super-large firms negotiating materially lower tax rates because of their size. It stifles competition and makes it harder for smaller companies to compete. We want the opposite, in order to foster a highly competitive market.

    Big employers should be encouraged to stay competitive in the market, not subsidised because they happen to be big.

    You could equally say "courts order government to subsidise apple".
    _
  • TheBigBean
    TheBigBean Posts: 21,919
    rick_chasey said:

    Stevo_666 said:

    rick_chasey said:

    Stevo_666 said:

    briantrumpet said:

    rick_chasey said:

    Well deserved win for apple?

    What have they deserved by paying effective corporate tax rate of 1 percent on its European profits in 2003 down to 0.005 percent in 2014?


    That must be a wet dream for people whose job it is to minimise the tax burden on companies.
    Ireland willingly granted the tax treatment that led to this, so not sure what the problem is. As mentioned above, Ireland supported Apple in its successful appeal against the EU.
    Because it distorts markets and a tax race to the bottom is in no-nation's interest
    So why did Ireland willingly grant the tax treatment? Charity?

    Also you haven't explained why it wasn't well deserved. Apple were right in the eyes of the law: who are we to say different?
    We've had this discussion before multiple times. If corporation tax is a thing, it seems to me that the system works best when it has no favours and is applied fairly to everyone.

    I don't believe in the advantages to society as whole of super-large firms negotiating materially lower tax rates because of their size. It stifles competition and makes it harder for smaller companies to compete. We want the opposite, in order to foster a highly competitive market.

    Big employers should be encouraged to stay competitive in the market, not subsidised because they happen to be big.

    You could equally say "courts order government to subsidise apple".
    Your issue should be that they have shifted profit from other countries to Ireland. Irish tax on Irish profit is something for Ireland to worry about.

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