Reer London, it’s not worth living in this city anymore.

[peacemaker]

I was good at econ but I’m more of a mathematician. Regardless I believe these are just political truths. The tories have brought us to our economic woes and deteriorating public services.

All that austerity and shrinking the state has ruined our growth which is why the burden of tax has been raised significantly under the tories.

I’ll be back here in 2 years when the Labour Party win the next election

the Tories actually cut taxes

corporation tax slashed from 38% to 17%, VAT was lowered for many years from 17.5% to 15%

top income tax lowered from 50% to 45%, we wanted it lower but labour blocked us in the votes

this is why I refuse to debate economic layman's bro, no offense, but even mere facts we cannot agree on so i dont debate layman as i feel like i must educate them and also debate them

Thatcher inherited from Labour a basic rate of income tax at 33%, and a higher marginal rate which could reach as high as 98% in 1979. By 1988, she had cut that higher rate dramatically to 40% and the basic rate to 25%. But this tax cut was partly offset when her government raised the indirect tax, VAT, from 8% to 15%. This is a less egalitarian way of taxing, because, unlike income tax, everyone pays at the same rate.

 

[peacemaker]

@bidenkulaha

Tories have cut basic income taxes way more than labour, in 1979 when Tories got in, labour had the highest tax rate at 98%, even rolling stones made a song about how abuse such taxes were and said they will relocate to California, who will wake up an pay 98%?

 

[peacemaker]

@bidenkulaha

corporation tax, remember under labour it was very high, Jeremy Corbyn plan if he had won and what conservatives actually achieved and planned

 

[peacemaker]

@bidenkulaha

look how much Tories have slashed corporation tax, remember corporation tax is the most evil tax because shareholders already pay dividend tax and capital gains tax then to be hit with corporation tax, also remember companies dont pay tax, its their customers, shareholders and employees but they are owned or these stakeholders are involved

corporation taxation is pure evil because it taxes customers, employees and shareholders, today its around 15%, under labour in the 1970s it was 53% , or in the 2000s it was 30 odd %

all taxes are pure evil by nature anyways, and corporation tax is the most evil, it taxes a poor old pensioner with a small stock portfolio in 3 ways

 

[peacemaker]

@bidenkulaha

this is the modern day slavery, the number of days each slave needs to work just to pay the tax his masters AKA government takes from him, remember to exclude weekends as most people dont work weekends

this is the sheer slavery those evil humans who want to tax us want us to be in.

remember out of 260 work week days, French people must work 210 days to pay for their slave masters in the, heck exclude public holidays from that 260 week days meaning you are a bigger slave in France

this is why every communist should be shot or buried alive, they suck the blood of hard working people, out of 260 work week days, French people pay tax 210 days,

2016 data, world economic forum data

 

[bidenkulaha]

@bidenkulaha

look how much Tories have slashed corporation tax, remember corporation tax is the most evil tax because shareholders already pay dividend tax and capital gains tax then to be hit with corporation tax, also remember companies dont pay tax, its their customers, shareholders and employees but they are owned or these stakeholders are involved

corporation taxation is pure evil because it taxes customers, employees and shareholders, today its around 15%, under labour in the 1970s it was 53% , or in the 2000s it was 30 odd %

all taxes are pure evil by nature anyways, and corporation tax is the most evil, it taxes a poor old pensioner with a small stock portfolio in 3 ways

View attachment 229253

As you can see Labour reduced corporation tax from when they took over in 97.

Also the Tories are planning to raise corporation tax back up to 25% given the borrowing has significantly increased and we've gone broke

 

[peacemaker]

With a real tax rate of 57.53%, France topped the list in 2016. Belgium was second, and Austria came in third. Sweden rounded up the top ten with a real tax rate of 47.13%.

 

[peacemaker]

As you can see Labour reduced corporation tax from when they took over in 97.

Also the Tories are planning to raise corporation tax back up to 25% given the borrowing has significantly increased and we've gone broke

Not really, they took over summer 1997, so lets count from 1998 to give them benefit of doubt, they kept it the same virtually till 2008 economic crush when firms started to flee and they wanted to keep them in

look when Maggy thatcher took over, 1979, from 53% to 34% in literally few years

it a global recession and 11 years for labour to cut it from 31% to 28%

 

[peacemaker]

@bidenkulaha

did you know medieval serfs paid 25% and they kept 75%, yet in some EU nations they pay 60% of their wages in income tax and if you add VAT and all the tax on gas and electric and petrol, and food, most likely 90%

this is why Europe is shythole compared to America, if California whacks you with higher taxes, you go to Texas or Florida, this is why i want federalism for somali, or confederacy so we have tax competitions

but EU nations are by nature very centralised states, imagine if English northern towns could say VAT was 5% but London 20%, imagine how many jobs they will attract up in the dying northern towns or wales or Belfast

this is why we need strong economic federalism as well as political

 

[bidenkulaha]

Not really, they took over summer 1997, so lets count from 1998 to give them benefit of doubt, they kept it the same virtually till 2008 economic crush when firms started to flee and they wanted to keep them in

look when Maggy thatcher took over, 1979, from 53% to 34% in literally few years

it a global recession and 11 years for labour to cut it from 31% to 28%

28% is an alright amount given how much funding increased on public services. The overall tax burden was lower under Labour than it is now. So we should look at all taxes.

Currently the Conservatives have frozen income tax threshold, raised national insurance, VAT, inflation tax. This is because the fundamentals of the economy are broken.

Living standards and disposable income for the average household is lowest they've been in 40 years and real wages still have not reached 2008 levels. This country needs new leadership

 

[bidenkulaha]

@bidenkulaha

did you know medieval serfs paid 25% and they kept 75%, yet in some EU nations they pay 60% of their wages in income tax and if you add VAT and all the tax on gas and electric and petrol, and food, most likely 90%

this is why Europe is shythole compared to America, if California whacks you with higher taxes, you go to Texas or Florida, this is why i want federalism for somali, or confederacy so we have tax competitions

but EU nations are by nature very centralised states, imagine if English northern towns could say VAT was 5% but London 20%, imagine how many jobs they will attract up in the dying northern towns or wales or Belfast

this is why we need strong economic federalism as well as political

I support federalism in the UK. Labour support economic devolution. Keir announced it will be part of Gordon Brown's review on the future of the Union

 

[peacemaker]

28% is an alright amount given how much funding increased on public services. The overall tax burden was lower under Labour than it is now. So we should look at all taxes.

Currently the Conservatives have frozen income tax threshold, raised national insurance, VAT, inflation tax. This is because the fundamentals of the economy are broken.

Living standards and disposable income for the average household is lowest they've been in 40 years and real wages still have not reached 2008 levels. This country needs new leadership

you are right, we need new leadership, things were actually good till covid hit, taxes must go up as labour forced Tories to borrow and doll out free money

also 28% is too high, it should be zero, best tax is zero

you keep saying things are broken, why should i pay for another families household? why is it my business horta?

yall speak about morality, where is the morality to steal or grab money from me at gun point or threat of prison and distribute it to another family or company in the form of subsidies?

labour is devoid of morality, once Scotland goes insha Allah Tories will rule this country with a majority and we will slash taxes and tell people to fend for themselves unless they are disabled or widows or others vulnerable, about few % of the population

nothing moral about paying tax

 

[Woke1.4rm.Shibis]

Prolly America. Maybe Canada cuz of family. Basically North America

Come to calgary . Its tied top 3 most liveble cities in the world and it tops any north American cities.
My familly and I welcomed many relatives from europe and america over the years .
What I like about its proximity to the beautifull small towns by the Rockies .

This is where I took my familly last weekend



This past weekend went to "the greatest outdoor show in the world " Calgary stampede and seen the legend kevin costner .

 

[TelephoneMan]

I am assuming Jew hating Labour are in control of every single London borough council. Well, there's your problem.

You love Jews or something?

 

[The Somali Caesar]

Australian and Reer Kiwi Somalis are the only Somalis I respect. If I'm keeping it

 

[Indeed]

Come to calgary . Its tied top 3 most liveble cities in the world and it tops any north American cities.
My familly and I welcomed many relatives from europe and america over the years .
What I like about its proximity to the beautifull small towns by the Rockies .

This is where I took my familly last weekend



This past weekend went to "the greatest outdoor show in the world " Calgary stampede and seen the legend kevin costner .

I heard it’s a racist city in a racist region/state?

 

[convincation]

Come to calgary . Its tied top 3 most liveble cities in the world and it tops any north American cities.
My familly and I welcomed many relatives from europe and america over the years .
What I like about its proximity to the beautifull small towns by the Rockies .

This is where I took my familly last weekend



This past weekend went to "the greatest outdoor show in the world " Calgary stampede and seen the legend kevin costner .

Thank you for the invite akh but I will have to politely decline. I’m more of a big city person i like large urban areas. Calgary just seems baadiyo

 

[Woke1.4rm.Shibis]

Thank you for the invite akh but I will have to politely decline. I’m more of a big city person i like large urban areas. Calgary just seems baadiyo

Calgary is far from baadiyo is growing city even reer torontonians and british colombians are moving here too due to the more affordable house market .
This is the city where you see somalis fishing or horse riding on the weekends.
I'm at the moment training to add tie down roping calves to list of does when I'm not working .
These cambuulo arms will be flipping baby cows soon

 

[Taij4an]

why would Allah give us oil and gas if it’s bad for the planet ? It’s not. It’s designed to enslave yiu this environmental nonsense

Thats like saying why would Allah give us cocaine if its bad for us

 

[Indeed]

Calgary is far from baadiyo is growing city even reer torontonians and british colombians are moving here too due to the more affordable house market .
This is the city where you see somalis fishing or horse riding on the weekends.
I'm at the moment training to add tie down roping calves to list of does when I'm not working .
These cambuulo arms will be flipping baby cows soon

Your economy depends on oil lol. One problem, and your city becomes deserted