Around my area, the private schools are being scooped up by big groups, thus homogenizing what was a unique ecosystem, which countries around the world couldn't copy and now turning it into a pseudo state system for people (such as me) whose kids only have dreadful state options.
At the same time, new concepts with adaptive AI, will allow educational establishments around the world to offer better than the OFSTED derived drivel. Expect a long term significant die off in independent schools, particularly starting next year when the people, who had to suck it up and wear the cost, kids graduate and are not easily replaced.
@mackenzieprice I actually think this is done so much in sport. You can teach kids running technique and make them good runners. Why do kids of athletes succeed? Not genetics, it’s the training they get. Mostly nurture until you get to the very top end
@DanNeidle For messaging, basic rate income tax would be more easily understood/popular. Imagine a government coming in and saying every 5bn saved we adjust income tax accordingly. People would get behind changes as immediate real world benefit
I think you need to understand the difference between the absolute amount and percentage.
You should really as an economist.
Who contributes more - 10% on 10 million, (from someone who likely has grafted and risked their whole life) or 30% on 50k (for someone who likely took little risk and cruised)
@LizWebsterSBF@JeremyVineOn5 That is economically illiterate. So you agree with federalisation of debt and therefore complete sovereignty of eu, which is the only outcome?
Your problem is a function of a broken system, not the tax. Its interesting that Doctors also think they are the only ones doing long hours.
Anyway changing tax on overtime will just lead to widespread abuse, pay minimum salary and then say everything is overtime above that. Who will police that?
Be a big pain to manage this tax for employers.
Etc
@Darkblo00m@jbhearn@PatriciaNPino Imagine spending all those years on a phd dissertation which is completely wrong. Actually that is most phd dissertations
@WagonTrain2@SamR_TX It is not paper and coins, it is debt. I'm not sure you're qualified to discuss this. The EU will struggle to survive the next financial crisis.
@jbhearn@MMTLabour There’s no point arguing with them. I suppose trillion pound notes will be good for me as with no infrastructure from a collapsed economy to power their phone’s calculators, my mental arithmetic skills will be a superpower.