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Scotch Independence - the countdown

Discussion in 'General Chat' started by stopmeandslapme, Feb 5, 2014.

?

Should Scotland be an Independent Country?

  1. Yes

  2. No

Multiple votes are allowed.
Results are only viewable after voting.
  1. Girvan Loyal 1690

    Girvan Loyal 1690 Nobody's safe now

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    CT will go down?

    It's a yes from this bear then :cool:
     
    #8521
  2. Bib Fortuna's Maw

    Bib Fortuna's Maw Well-Known Member

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    George Galloway wrote the "lowering corporation tax" is a bad thing one. Dunno who wrote the "corporate tax would have to go up" one.

    It was just funny that they were literally two pages apart - both predicted opposite monetary policies but both said it would be bad for the low paid.
     
    #8522
  3. Mick

    Mick Probably won't answer PMs Staff Member

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    I was on low pay in Belfast which had high corporation tax - then I moved to Malta where they have virtually no corporation tax, and I was paid a lot more.

    Vote YES because of that little anecdote.
     
    #8523
  4. The Anilingus Aficionado

    The Anilingus Aficionado Official POTY 2011, 2014, 2015, 2018 & 2023

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    It's only a bad thing for the State in that tax receipts will "theoretically" go down. (Though if you lower tax, sometimes the side effect is that tax receipts go up).

    Salmond is on record as saying CT will come down to 15% or thereabouts. That only benefits businesses.
     
    #8524
  5. gas

    gas ACCOUNT DELETED Forum Moderator

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    ^^^^^

    Take political advice from Oirish people, they always get it right. <whistle>
     
    #8525
  6. The Anilingus Aficionado

    The Anilingus Aficionado Official POTY 2011, 2014, 2015, 2018 & 2023

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    He said Belfast and that's a British city :huh:
     
    #8526

  7. RAVENBLACK

    RAVENBLACK Well-Known Member

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    It will be one happy family soon enough.
     
    #8527
  8. Girvan Loyal 1690

    Girvan Loyal 1690 Nobody's safe now

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    or people who have tax avoidance schemes in place

    dirty bastards
     
    #8528
  9. Bib Fortuna's Maw

    Bib Fortuna's Maw Well-Known Member

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    I work for one of the banks that is re-domiciling.

    Already knew about it before the papers latched onto it.

    I do the budget forecasts in my work and we're going to be hiring more people than ever come Jan and Feb (over 110 heads - most in one swoop for a few years) - the bank has to be domiciled in the country that it serves the majority of its customers in to be a retail bank (investment and other banks can base themselves anywhere I think).

    There's no jobs going to be lost in this place - yet a couple of papers tried to tell me my job was under threat.

    I've checked the salary for my job in London - you're talking nearly 7 figures and about double what I'm on - if Standard Life (the ones who are threatening to leave all the time) do actually go down South, it'll need to be somewhere in the North because they could not pay in the South East what they pay even in Edinburgh.
     
    #8529
  10. Mick

    Mick Probably won't answer PMs Staff Member

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    You're on almost half a million quid? ****in' hell.

    I wasn't aware that retail banks had to head-quarter where most of their customers are - how's that work with the likes of HSBC who are bigger outside the UK, and are head-quartered in the UK?
     
    #8530
  11. gas

    gas ACCOUNT DELETED Forum Moderator

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    To be honest, if I were a caber tossing, skirt wearing, haggis munching Jock I would probably vote aye. But I'm not so I urge you all to vote nay.
     
    #8531
  12. Girvan Loyal 1690

    Girvan Loyal 1690 Nobody's safe now

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    De ye, aye?
     
    #8532
  13. gas

    gas ACCOUNT DELETED Forum Moderator

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    Young shipbuilders have penned a letter to First Minister Alex Salmond expressing their "grave concerns" about the future of their industry if Scotland becomes independent.

    Nae more boats. :)
     
    #8533
  14. The Anilingus Aficionado

    The Anilingus Aficionado Official POTY 2011, 2014, 2015, 2018 & 2023

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    Everycunt on this site is a millionaire apart from ST and Toby.

    Both are veggies.

    Here endeth the lessthon
     
    #8534
  15. Girvan Loyal 1690

    Girvan Loyal 1690 Nobody's safe now

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    I know a BAE lad who's jumped ship :))) from no to yes :(
     
    #8535
  16. gas

    gas ACCOUNT DELETED Forum Moderator

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    Footballer David Beckham has also backed the "No" campaign, urging a vote to renew the UK's "historic bond".

    That should do the trick. <doh>
     
    #8536
  17. Bib Fortuna's Maw

    Bib Fortuna's Maw Well-Known Member

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    Their UK retail arm has to be registered in the UK - their international HQ is in Hong Kong, I think.

    ...and I added an extra zero by mistake....<sorry>

    Malta offers itself as a domicile country but, as far as I know, you can register investment and international banking wherever you like.

    Your retail bank doesn't HAVE to be in the country it serves as a majority but it is a point in the banking code which, in theory, is voluntary. Each bank gets a BIC/CO number and they're coded dependant on their base country.
     
    #8537
  18. Otto Flayshow

    Otto Flayshow Well-Known Member

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    No wonder the banks went tits up.
     
    #8538
  19. Mick

    Mick Probably won't answer PMs Staff Member

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    Ok, HBSC was one example (for instance I'm a HSBC Malta retail customer), but also the likes of Danske bank has a big retail operation in Northern Ireland, - they've even got their own Sterling notes!

    please log in to view this image
     
    #8539
  20. Bib Fortuna's Maw

    Bib Fortuna's Maw Well-Known Member

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    True story.

    I got asked to update a report on the number of insurance add ons we sell and what income they generate - the big operational manager had done it and been presenting it back to the board.

    I had a look and he had represented 18% of something by multiplying it by 1.8 instead of 0.18.

    I then had to explain why my numbers were so much lower than big boss guys.
     
    #8540

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