Finance thread 2022.

[maxjam]

Whilst it might be nice to tax the wealthy more we have remember that the top 1% of tax payers already account for more than 30% of all income tax collected.

 https://www.theguardian.com/business/2019/nov/13/richest-britain-income-tax-revenues-institute-fiscal-studies

If we tax them too heavily they will just reside elsewhere where the top rates are lower and we'd get nothing and have no services.  If we don't tax them enough the Proles are out with their pitchforks. 

Who'd be a politician.

[Ram-Alf]

12 hours ago, Crewton said:

Reduce your marginal rate by disappearing down the pub on a Friday afternoon and not coming back. It used to work for me ?

We used to do that when working at Prestige in the mid 70s, I was a Heavy Press Operator, HR and Management soon got wind that a lot of the Pressure Cookers were being scrapped due to our drinking, So a vote was taken to cut our dinner time to 45mins Mon/Thurs and finish at 12noon instead of 3pm on the Friday, It was passed, So on pay day all the Wives waited outside on City road for their husbands to leave and hand over their wage packets, As drinking and playing 3 card brag with a shed load of loot wasn't good for marriage relations.

Some men were given a tenner, Some were given a fiver, Me I wasn't married for another year ?

[Bwash_Ram]

 

[PistoldPete]

1 hour ago, cstand said:

Be careful if going shopping to the supermarket my mum  went with a friend did a shop at Tesco including usual drink of coffee in the cafe, went to pay found only two manned checkouts open.

Both being in their seventies did not want to use self service had to wait nearly 50 minutes to get to the checkout so late leaving the car park resulting in a £60 fine.

Some people got so fed up they abandoned their shopping in the store.

Apparently Morrisons are doing the same more self service less people on checkout tills.

There was a long wait at the self service as well.

Will be worse when Christmas shopping so check arrival time in the car park if you don’t want a fine.

If they want a money saving tip, don't pay the £60 fine. 

[JoetheRam]

1 hour ago, maxjam said:

Whilst it might be nice to tax the wealthy more we have remember that the top 1% of tax payers already account for more than 30% of all income tax collected.

 https://www.theguardian.com/business/2019/nov/13/richest-britain-income-tax-revenues-institute-fiscal-studies

If we tax them too heavily they will just reside elsewhere where the top rates are lower and we'd get nothing and have no services.  If we don't tax them enough the Proles are out with their pitchforks. 

Who'd be a politician.

In theory correct. But I think the risk of brain drain caused by increased taxation only is overstated.

People live in the countries they do for more reasons than taxation. Especially rich people. It's why they all live in California. 

If you give people enough benefits for residing here e.g. standard of living, culture, arts, liberty, law and order, health, good environment, enlightened society etc., those bright lights that are high earners will choose your country over some lawless, empty, illiberal, tax-free utopia that's too hot 10 months of the year e.g why live in Dubai when you can live in London.

Unfortunately, over the last x amount of time (could be 5 years could be 20 years, could be 50 years), our comparitive standard of living is down, culture and arts have been ravaged by Covid and then by the governments response and through years of dumbing down in the mainstream media, the government seems to think liberty only applies to itself and the police have today had to actually confirm that they will attend a burglary.

So yes, if you're in a position where you can leave, paying higher taxes will probably help make your decision for you, but if the other aspects of the country were in a healthy state, it probably wouldn't factor in so highly.

Overall, I think the sliders need some adjusting.

[cstand]

1 hour ago, PistoldPete said:

If they want a money saving tip, don't pay the £60 fine. 

For any parking fines and other driving offences check http://forums.pepipoo.com this could save you money.

Turn off sound recording on your dash cam as this can be used against you resulting in a fine for undue care and attention if involved in a RTA.

[GeneralRam]

4 hours ago, Crewton said:

And what employment and social benefits do those employees enjoy? 

I ask because I'm often startled at how little some US professions are paid considering their employment benefits are minimal. I've also seen situations where people turn murderous or suicidal when faced with redundancy in the US because they're about to lose their family health insurance cover? 

Honestly, the benefits are quite good for a company in the US -

Holidays:

9 bank holidays + 16 days when starting. Plus +1 day for every year you’ve worked with the company. These days are also used for sick days.

Health insurance:

$75 per month. $25 to see a doctor and $50 to see a specialist. If anything serious happens and you need anything more outside of office visits then you pay the entire amount up to $750. When you hit $750 you pay 20% of everything until you hit $2.5k. Then everything is free. (I had a heart procedure done last year and it cost my insurance $140k!)

$1500 free dental insurance.

$175 for glasses or contacts each year with a free eye test.

[1of4]

2 hours ago, cstand said:

Be careful if going shopping to the supermarket my mum  went with a friend did a shop at Tesco including usual drink of coffee in the cafe, went to pay found only two manned checkouts open.

Both being in their seventies did not want to use self service had to wait nearly 50 minutes to get to the checkout so late leaving the car park resulting in a £60 fine.

Some people got so fed up they abandoned their shopping in the store.

Apparently Morrisons are doing the same more self service less people on checkout tills.

There was a long wait at the self service as well.

Will be worse when Christmas shopping so check arrival time in the car park if you don’t want a fine.

There's a money saving tip you can give to your mum and it's not the obvious one of shopping at a different supermarket.

It's telling her to invite her mate back to her gaff for a coffee, thus saving a few quid over the year.

[JoetheRam]

Money making tip:

Switch current accounts. You can make a few hundred quid from introductory offers by rotating around Nationwide, Lloyd's, Santander and First Direct.

Obviously make sure you fulfill the appropriate criteria but it's dead easy.

[Ram-Alf]

51 minutes ago, GeneralRam said:

 

Health insurance:

$75 per month. $25 to see a doctor and $50 to see a specialist. If anything serious happens and you need anything more outside of office visits then you pay the entire amount up to $750. When you hit $750 you pay 20% of everything until you hit $2.5k. Then everything is free. (I had a heart procedure done last year and it cost my insurance $140k!)

$1500 free dental insurance.

$175 for glasses or contacts each year with a free eye test.

How much for an ingrowing toenail ?

[AndyinLiverpool]

3 hours ago, cstand said:

Be careful if going shopping to the supermarket my mum  went with a friend did a shop at Tesco including usual drink of coffee in the cafe, went to pay found only two manned checkouts open.

Both being in their seventies did not want to use self service had to wait nearly 50 minutes to get to the checkout so late leaving the car park resulting in a £60 fine.

Some people got so fed up they abandoned their shopping in the store.

Apparently Morrisons are doing the same more self service less people on checkout tills.

There was a long wait at the self service as well.

Will be worse when Christmas shopping so check arrival time in the car park if you don’t want a fine.

Delivery

[Ram-Alf]

52 minutes ago, 1of4 said:

There's a money saving tip you can give to your mum and it's not the obvious one of shopping at a different supermarket.

It's telling her to invite her mate back to her gaff for a coffee, thus saving a few quid over the year.

Then charge her £60 for parking her car on the drive and over staying ?

[cstand]

7 minutes ago, Unlucky Alf said:

Then charge her £60 for parking her car on the drive and over staying ?

They are going to Tesco customer service to complain not sure of the outcome yet

[cstand]

Never breach your company code of conduct or you could end up your losing job.

Nurse sacked for telling people on TV that Tory voters should not be resuscitated.

How nice of the more caring side of the political spectrum.

https://metro.co.uk/2022/10/05/nhs-nurse-who-said-tory-voters-dont-deserve-to-be-resuscitated-to-be-sacked-17506948/amp/

[1of4]

30 minutes ago, Unlucky Alf said:

Then charge her £60 for parking her car on the drive and over staying ?

You can't charge a friend Sixty quid.

 

 

 

Mate's rates would be thirty

 

 

[Crewton]

16 minutes ago, cstand said:

Never breach your company code of conduct or you could end up your losing job.

Nurse sacked for telling people on TV that Tory voters should not be resuscitated.

How nice of the more caring side of the political spectrum.

https://metro.co.uk/2022/10/05/nhs-nurse-who-said-tory-voters-dont-deserve-to-be-resuscitated-to-be-sacked-17506948/amp/

Daft thing to say, mean-spirited even, and always likely to land someone in trouble in that scenario, but they were 'only' words. On the other hand, a new study suggests that 330,000 people may have died between 2012-2019 due to Government austerity measures, and no-one was sacked.

Maybe that's why people are sometimes driven to say 'outrageous' or unkind things?

BTW mods, I realise this is nothing to do with finance, and perilously close to politics, so move/delete if you feel appropriate.

[i-Ram]

Jeez, the envy on here of someone in paid employment earning over £100/150k p.a.  On a football forum, where even League 1 players that they idolise will be earning 3 times that.

[Grumpy Git]

3 hours ago, Unlucky Alf said:

Then charge her £60 for parking her car on the drive and over staying ?

No, charge her £50 and convince her she's saving a tenner.

[PistoldPete]

3 hours ago, i-Ram said:

Jeez, the envy on here of someone in paid employment earning over £100/150k p.a.  On a football forum, where even League 1 players that they idolise will be earning 3 times that.

Derby players don't have to worry about PAYE tax, Uncle Mel will collect that for them, oh hang on.

[Grumpy Git]

38 minutes ago, PistoldPete said:

Derby players don't have to worry about PAYE tax, Uncle Mel will collect that for them, oh hang on.

Collect it straight into his sky rocket.