Off Topic The Politics Thread

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Should the UK remain a part of the EU or leave?

  • Stay in

    Votes: 56 47.9%
  • Get out

    Votes: 61 52.1%

  • Total voters
    117
  • Poll closed .
It's fundamentally different from trickle down economics. It's about finding the point between 0% (which would raise no tax revenue) and 100% (which would also raise no tax revenue) which would provide the maximum tax yield. Seeking the maximum yield should be seen as a good thing to someone left leaning. One can disagree about if that maximum point is at 80% or 40% or in the middle, but it's nowt to do with trickle down.

It's about coming up with a justification for letting the rich keep more of their money. Same as trickle down.
 
And so it has started, one of my employees vans was drilled through for the diesel last night! Great start to the day. Its going to cost me a few quid and there wasnt even a 1/4 of a tank in it!!! Twats

Sorry to hear it, Bob. Can't call the offenders "scum", since Angela Rayner says that's an everyday friendly greeting up north
 
And so it has started, one of my employees vans was drilled through for the diesel last night! Great start to the day. Its going to cost me a few quid and there wasnt even a 1/4 of a tank in it!!! Twats

Yep. This is going to happen more and more mate.
Complete **** show, still being hyped by the media.
Could be a while before it's sorted.
 
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I'll not waste my time further than this:

Which of these two rates of income tax do you think would raise more revenue - 100% or 50%?

I won't dignify that with an answer. The Laffer theory is just that, a theory. It's associated with the discredited Reaganomics, described by another Republican, George H W Bush, as 'voodoo economics'. A spurious justification, along with 'trickle down', for reducing taxation on the rich. Simplistic claptrap.
 
I won't dignify that with an answer. The Laffer theory is just that, a theory. It's associated with the discredited Reaganomics, described by another Republican, George H W Bush, as 'voodoo economics'. A spurious justification, along with 'trickle down', for reducing taxation on the rich. Simplistic claptrap.

Very similar to employers who cry crocodile tears when saying they will go out of business if the minimum wage rises and they have to pay their employees a decent wage.

It’s all for our own good, don’t you know