Conservatives pledge to immigration

Reform UK.... Jesus Christ, don't you all get it, the immigration **** and all the panic they create around it is to keep your mind off all the other crap they want to do, constantly telling you that all your problems are due to immigrants and not to the fact that the rich are not being taxed at the rates they should be is their way of keeping your eye off the freaking ball.

The problems in this country are not the immigrants, it's the rich, when they try to lie to you they will try to tell you that you are already rich and people saying tax the rich are aiming at you and that is bull, back when I was a child the top rate of income tax was something like 90% in the UK there were still plenty of rich people in the UK at that time, in the USA the ordinary punter was at their wealthiest in the 1950s when tax on the rich was at 75% or more, there were plenty of very rich people in America back then and they paid their share, all this low tax bullshit since Thatcher, Regan and the 1980s has been a way to create a new ruling class, wake up for gods sake the reason we are poor and that your services are f*cked is because they've convinced you that they shouldn't have to pay for a civil, socially caring society, remember Thatcher "there's no such thing as society" she meant that and her cronies meant it and their equivalents in the USA mean it.

Reform UK are not different from the Tories it's the same playbook and they are not playing it for you or me or our familes.

We need more because there aren't enough tax payers to pay for all the freaking services that we all want like pensions.

Immigrants pay tax, generally work hard and abide by the law, but you've all been brainwashed into thinking they are the devil.

They contribute to the economy.

Everyone in this forum has a connection to a foreign country the views held and expressed here boggle the mind.

Yeah I'm angry I don't often express it quite so openly but I look at this place and wonder why the hell am I involved in running it.

It costs me a lot more than just our annual hosting fees which are shared with Dom and Rob and has done so for many years.

John the rich are not the 100k plus people, they are still the serfs in this economy, the deca millionaire and centi millionaire class don't have pensions and do you think a billionaire needs a pension? The billionaires pay their day to day expenses on credit lines they never spend their own money directly they do that so they can write it off against tax.

Fifty years ago doctors, lawyers, dentists and various other professions were seen as the rich, look at them now most of them are struggling, the whole freaking class war is a diversion for the mega rich to reinforce their "lordship" over the rest of us, they want you to envy those who have just a little more than you because it stops you thinking about the bosses that are raking in 40, 50 or 100 times the average salary and that's without their share options which often corrupt their business decisions, like let's sell out to a foreign company because their shares will max out, stuff the employees.

Ah'm going tae ma kip, ah'm fricking knackered.

Yes Mike, and Brexit has been a disaster for the UK economy and wasn't it supposed to solve the immigration problem but no we still have people saying there is an immigration problem 5 years after Brexit was actually implemented and presided over by the Tories.

And at the same time Europe is weaker after Brexit which is what Putin was after while the same rhetoric has been played out in the states to divide a country along lines of hatred and now we have 78 year old Baby wannabe Putin in the whitehouse.

All this anti immigration rhetoric acheives is bitterness hatred and division.

In the past if you ran a limited company, you pay yourself about 12000 a year on PAYE i.e. no tax some national insurance to make sure you get your state pension benefits further down the road, everything else is directors loans in lieu of dividends, at the end of the financial year the directors repay the directors loans to the company from the declared dividends, the rates on dividends in 2016 were 7.5% for a basic rate taxpayer then 32.5% for a higher rate tax payer then 38.1% for additional rate tax payers, for the rest of us that was 20%, 40% and 45%

And note they're not paying any of the Employers or employees NI apart from the basic amount they needed to pay to get their state pension and other benefits.

So the rates do matter.

In bigger businesses the high ups dish out share options to themselves i.e the option to buy x amount of shares at a predetermined price sometime in the future, then they rig the price by taking the companies own cash (profit) and doing share buybacks which inflates the price of the shares and reduces the total number of shares in circulation, meanwhile they will be telling the workers they can't afford a pay rise because they don't have any profits, htat's because they bought back their own shares with the companies own money.

Meanwhile after the share price has been inflated all the soon to exit senior management cash in by taking up those stock options and gradually offloading the stock at huge profit, I'm not sure but I expect those gains come under Capital Gains Tax i.e 10% for basic rate tax payers and 20% for higher rate taxpayers.

This is all legal.

The incentives are all in favour of stripping the businesses of investment and keeping employee salaries low, share buybacks are not an investment in the business they are a way of removing profits from the business and handing those profits to the share owners.

The owners of these companies will say oh but I'm taking so many risks building a business I need a reward for this, well yeah a bit but when they F-Up and lose the business 99% of the time it will be a limited company and they can walk away from mess, even if they stripped the assets of the business before it went under.

It's also an exclusive club, once upon a time you could run a consultancy business as an individual you got all of the above benefits (corporate benefit culture scroungers) but too many people were doing that, lets be more accurate too many 'ordinary' people were doing that and they're not supposed to get those kind of benefits so they brought in IR35 legislation that made 1 man businesses prove they were an actual business and not in disguised employment.

Biggest mistake I ever made was remaining a sole trader because I did qualify as a business under IR35, the consequence to me personally is that I am still paying HMRC 16 years later after my business folded and I've got 7 more years to go.

Stock buybacks should be banned, future share options should be banned, if someone wants to risk their money buying shares in the business they work for use their own money at the price everyone else has to pay.

There are loads of other regulations that shold be changed or new ones that should be brought in but the rich won't allow it as they keep portraying themselves as the heroes and the rest of us should be grateful for the scraps they are willing to give us for making them rich.