𝙿𝚎𝚝𝚎 𝙼𝚒𝚝𝚌𝚑𝚎𝚕𝚕 🇪🇺

Spurs. IT geek. Europhile. Cycling. Politically central. Fan of the Spurs Interactive Message Board (SIMB)

[𝙿𝚎𝚝𝚎 𝙼𝚒𝚝𝚌𝚑𝚎𝚕𝚕 🇪🇺 @SimbFan]

@BIUKTradeUnions @grok @crabbtrux @DavidBSampson Can you not read?

[Cut My Tax @CutMyTaxUK]

There is overwhelming evidence that increasing CGT rates reduces CGT revenues & cutting rates increases CGT revenues. Brian Monteith sets out that evidence both domestic & international in a must-read article for @MoneyTelegraph.

"What does it take for dim-witted politicians like Streeting & Burnham to understand the policy of hiking GCT rates to income tax levels is a dud? Do we have to experiment with it another four times over 30 years?" asks Brian.

Evidence in the thread..
1/7

[𝙿𝚎𝚝𝚎 𝙼𝚒𝚝𝚌𝚑𝚎𝚕𝚕 🇪🇺 @SimbFan]

Exactly this! Just cut out the middleman. A governments job is to create favourable conditions for business to thrive so that they can grow and employ more people. Labour are doing the exact opposite of that at the moment.

[BladeoftheSun @BladeoftheS]

The UK is spending £369m refurbishing Buckingham Palace for King Charles, who has £22bn and gets £500m more a year.

He can pay for his own renovations, £369m is more than England spends on building Social Housing in an entire year for the whole country.

[𝙿𝚎𝚝𝚎 𝙼𝚒𝚝𝚌𝚑𝚎𝚕𝚕 🇪🇺 @SimbFan]

@CreativeDeduct @Heccles94 The other thing people never mention is that profit goes to shareholders who are large institutions which manage the pension funds of ordinary people.

[Acyn @Acyn]

Trump has a meltdown and ends the interview

Welker: Just to be very clear, there's no evidence of what you're saying.

Trump: There’s a lot of evidence. There’s tremendous evidence. There’s nothing but evidence. The election was rigged. And it’s happening again in California. They’re cheating.

Welker: Do you have evidence?

Trump: All I have to do is look.

Welker: That’s not evidence. The local officials acknowledge they are slow

Trump: They’re crooked. Just like you’re crooked. You’re either crooked or stupid.

[Cut My Tax @CutMyTaxUK]

Tax allowances have been stuck in the permafrost, sometimes for decades, reports a study by the Association of Taxation Technicians

Absurdly the £3,000 annual gift exemption for inheritance tax purposes — hasn't changed since 1981. In today’s money it would be worth almost four times as much or £11,800

The inheritance tax threshold has been stuck at £325,000 for 17 years ago and is now frozen until 2031. If it had risen with inflation, it would be around £525,000, 60% more.

The rent-a-room scheme allowance has been frozen at £7,500 since 2016. It should be £10,500 today.

If the higher rate income tax threshold was not frozen at £50,270, it would reach £70,000 by 2030.

All these allowances and thresholds should be legislated with a built-in inflation adjuster such that they increase automatically in line with inflation each year.

US tax thresholds are raised automatically each year in line with inflation. That's a key reason why US thresholds are so much higher than British ones. You have to earn $640,600 in the US in order to pay the top income tax rate of 37%. In Britain, the figure is almost 10 times less. Here earn just $66,000 US dollars (£50,270) and you start paying a 40% tax rate.

[𝙿𝚎𝚝𝚎 𝙼𝚒𝚝𝚌𝚑𝚎𝚕𝚕 🇪🇺 @SimbFan]

@StuartSmudge @SkyNews @KamaliMelbourne The snowflake clearly didn’t appreciate the facts. 😂

[𝙿𝚎𝚝𝚎 𝙼𝚒𝚝𝚌𝚑𝚎𝚕𝚕 🇪🇺 @SimbFan]

@StuartSmudge @SkyNews @KamaliMelbourne Section 24 tax changes (private landlords now pay on income rather than profit), mortgage rate increases and higher costs for labour and materials are the reason for landlords pushing up rents. Most BTLs are on interest only, so mortgages are not getting paid off by tenants.

[Tomos Doran 🏴󠁧󠁢󠁷󠁬󠁳󠁿 🇬🇧 🇺🇦 🇮🇱 🇵🇸 @portraitinflesh]

Still one of the funniest things I've ever seen:

[Robert Wilkinson @robertwlk]

40 years ago today, l asked my childhood sweetheart, my best friend and the most gorgeous woman l know to marry me.

All three said no.

[𝙿𝚎𝚝𝚎 𝙼𝚒𝚝𝚌𝚑𝚎𝚕𝚕 🇪🇺 @SimbFan]

@JohnGerard5 @NirvanaCraig @DerekDonkey1977 @SkyNews @KamaliMelbourne I think he might like living in North Korea.

[Sky News @SkyNews]

Could the Renters' Rights Act push rental prices up?

The boss of a residential landlords' association warns that changes to renters' rights and energy efficiency standards are creating a "perfect storm" for renters.

https://t.co/PAiZ4D1jU3 | @KamaliMelbourne

📺 Sky 501 and YT

[𝙿𝚎𝚝𝚎 𝙼𝚒𝚝𝚌𝚑𝚎𝚕𝚕 🇪🇺 @SimbFan]

@JohnSwinney How about politicians expense a bit less, or the treasury spends a bit less? Ever thought about that wacky idea John, rather than take more of other people’s hard earned?

[Times Radio @TimesRadio]

Reed chief executive James Reed says the high cost of hiring young people is to blame for plummeting entry level jobs.

"The cost of hiring a 21 year-old 40 hours a week in 2016 was £15,333, now it would cost the same employer £29,654 so it has gone up 93%"

[𝙿𝚎𝚝𝚎 𝙼𝚒𝚝𝚌𝚑𝚎𝚕𝚕 🇪🇺 @SimbFan]

@C4Countdown @Channel4 @JohnnyThomson2 @ColinMurray @susie_dent @RachelRileyRR Easy.
(10x9)+7 x (6+4) + 8

[Aaron Rupar @atrupar]

oh my goodness -- Ted Lieu played Rubio a video of Trump sleeping while Rubio tried to talk to him during a cabinet meeting. Then this exchange happened:

RUBIO: I've never seen him fall asleep

LIEU: I'm gonna show you a video that shows you just lied to Congress

*plays another video of Trump sleeping by Rubio*

[Channel 4 News @Channel4News]

Economist Mariana Mazzucato says Brexit led to businesses leaving the UK, shrank market opportunities and damaged investment.

She tells The Fourcast that Nigel Farage and Boris Johnson have still not been held accountable for what she calls one of the country's biggest economic mistakes.

Nigel Farage and Boris Johnson have both denied lying to the public.

[𝙿𝚎𝚝𝚎 𝙼𝚒𝚝𝚌𝚑𝚎𝚕𝚕 🇪🇺 @SimbFan]

@bphillipsonMP You mean taxpayer funded breakfasts. What’s the odds on the preferred supplier being linked to a Labour donor?

[𝙿𝚎𝚝𝚎 𝙼𝚒𝚝𝚌𝚑𝚎𝚕𝚕 🇪🇺 @SimbFan]

@TaxJusticeUK Wolfson was also a vocal Brexit backer, so I’m not surprised.