Thought Id start this one going because its rather dead on this board at the moment and I suppose all my usual muckers are either at the Stella tennis event watching Dim Tim (lose again) or at Henly Regatta eating cucumber sandwiches (they wish,...NOT).

Anyway please feel free to just talk to yourself blast away and let it go on any company or subject you wish. Just wish Id thought of this one before.

cheers GF.

let me try again - sticky might care to answer too .....

are you an advocate or even a supporter of 75% tax as in france?

Manuel,

If you give me a complete breakdown of the French taxation system, I will have a look and possibly give you a breakdown of what I think. (If I do it, it will be without any charge being made.)

But, I do think there should he an attempt overhaul, simplify and make more open the UK taxation system.

Also, not in favour of nationalisation, but certainly didn't believe in privatisation of railways, power or some of the other major services and industries. Especially, when they were done at knock down prices.

But, the problem is from the 50s onwards political policies were often short term policies and hang to the long term outcomes.

not very well evaded at all fred
however, i believe this 75% level is imposed on incomes in excess of € 150,000

so do you have any further comment or will you continue to evade this valid taxation question? ..... or perhaps you'll plead a version of 5th amendment

French football clubs to strike over François Hollande's 75% supertax

Clubs say Socialist government's new top-rate of income tax will lead to exodus of top players and 'the death of French football'

François Hollande's 75% supertax on the mega-rich is at the centre of another row after French football clubs said they would cancel all matches scheduled for the final weekend in November to protest at the levy.

The symbolic tax – a 75% tax on income exceeding €1m (£850,000)a year – has caused a headache for the Socialist government since it was thrown out as unconstitutional by France's top court. To avoid the embarrassment of a major policy U-turn, ministers redrafted the tax earlier this year to shift the burden from individuals to employers – a legislative shimmy that has spooked football clubs, which famously pay vast salaries even to bit-part players.

Clubs say they are already under financial pressures and that the tax would spark an exodus of top players to rival leagues abroad, killing the domestic game. In spite of a poll showing that 85% of French people are in favour of the tax being applied to football clubs, the clubs decided to step up their protests.

Jean-Pierre Louvel, president of the Union of Professional Football Clubs (UCPF), announced on Thursday that the round of matches scheduled from 29 November to 2 December would not be played. He said: "It's a historic moment for French football. We're talking about the death of French football."

Football bosses estimate the tax would cost League 1 clubs €44m in the two years it would be in place. "How can you tax businesses that have been in difficulty over the last three or four years?" Louvel asked. "And why have they been [in difficulty]? Because the taxes we've been paying are too high. And people ask why we're not competitive with other leagues."

once you get over € 1m income then a certain clobbering may not be unreasonable, but i was very much of the impression that it came in at about € 150,000 .... perhaps that was the original idea that had to be speedily binned

still, if you vote in a socialist gov't ..... !
the heron as frog-king is an inevitable parallel

=============

mind you, i'ld have thought red fred and possibly even sticky would be all in favour of this, even at the lower level, as surely that would be a wondrous way of redistributing wealth, and with no downside or backlash or other unforeseen negative result .... no doubt he/they will be puzzled why this simple and ever-so-obvious solution wasn't imposed by the previous bunch

of course, some of us will remember the era when tax was indeed confiscatory, with the result that the wealth-creators were disincentivised and there was also a huge surge in the black economy .... all a bit counter-productive one might conclude, or not, as the case may be

i suppose taxing 2nd, 3rd or 4th homes, even if abroad, would be much easier to impose and far less controversial :-)

Out of touch Manuel.

But to simplify, in some cases don't think it is unreasonable to have different tiers up to 75%, or more percent. The greed factor will drive them to work harder.
Often, it is how the raised “taxation” is utilised is the problem.
E.G.

It strikes me as suspect, having “taxation” distributed to bolster, or support (subsidise) the wages of a too lowly paid employee of a private company. The action can be seen as state intervention to subsidise the salaries of management and company owners. Often this being done at disproportionate levels to the value of the company products (goods or services) if based on market forces.

Where do you start and stop “state” interference in “business”?

Should state financial subsidy be given to any sector or business?

If so, for how long?
================


Hays,

The French can let their rugby players go.

After a year or so, nobody will remember them and other players will take the places. (Market forces.)


Besides, England may then have a small chance of winning the Four Nations.

fred - surely even you can't be so stupid, or perhaps you can
what is the incentive to work harder and longer if almost all your reward is ripped off?

if "my company" is to be taxed at that level, why on earth would i bother to come or stay in uk?

terrific idea fred!
let's tax the successful to death to ensure there's no incentive for inward investment or even home-grown
that must be a really good way forward!!

Why do you consider running a "company" well and distributing "some" of the profits based on your "work force" a "rip off"?


Sure if there is a prospect of "development" (R&D etc.) provisions can be made for that.

Many doing research are happy to have their "ideas" exploited by said "entrepreneurs".

Some have not altruism bred out of them.

Try engaging the greying area of yourself and remember "what's it all about".

Many have died with others thinking of the good the did for others, rather than the good they did for themselves.

Manuel,

If you leave the UK, it is unlikely anybody will notice the hole you leave behind.

Try not to overvalue yourself.

For now, stop disturbing me as I am practising my "end games".

It seems appropriate somehow.

<80)

Fred if you leave this , it is unlikely anybody will notice the hole you leave behind.

Give us all a break and Fxxx Offski!

fred - we have always run a profit-share scheme .... i guess that's why we keep all our staff, but there's a big difference between that and nearly all of it being expropriated by a rapacious exchequer to do with as it (but no one else) sees fit

what of course is so amusing is that you won't even vote

bah! i can think of nothing polite to say to you ... you're just so full of preposterous hard-left socialist (and worse) garbage that i cannot believe you want to live here rather than perhaps somewhere more suited to your apparent ideals like north korea .... no doubt the reality would be too tough for you

Cynic.

Just won an end game.

It seems that you are becoming more and more detached from reality as is Wavey Davey and his henchmen.

But must admit you surprise me that "you" run a profit-share scheme.

My "father's" pit had a similar scheme in the 1940's. It was profitable.

In the early 60s worked with a company who had a 3 monthly bonus scheme.

First time I was offered a job and told I could come back in two years time, if I wished to.

It was profitable.

shows how out of touch you are from the real world of today, merely forever harking back to "the good old days"
clearly you have reverted to the old "fos fred"

No. Just showing you, that you should catch up!

Update - Labour lead at 4
by YouGov in Politics
Fri November 1, 2013 6 a.m. GMT

Latest YouGov / The Sun results 31st October - Con 35%, Lab 39%, LD 9%, UKIP 10%;

H/S, Its Saturday and it's time to be sociable so the only stats we need are those from Burnley's Division... OK? -):

Burnley? What is a Burnley?

Prince Charles: One supports Burnley FC




Can we keep that rubbish on the football thread. :-))