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Founder mostly

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@NotFarLeftAtAll well they can roll it up and pay it when the property is sold I guess...

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@Miss_Snuffy send them back the private schools where they belong!

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@peterrhague I don't think they're allowed BMWs anymore, I think they have to buy Kias or something

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@buildingstu @DanNeidle only if you ban car insurance, and introduce some kind of government car insurance scheme for people without many assets

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@JuliaHB1 this stuff makes absolutely no difference to the governments expenditure. The only question here is the last one - is he improving the country, and we don't know because it's week 1

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@rodolfor try really hard

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@mypalfootfoot7 anyone who wants one of those jobs knows that the course will help them get it. if they can't get in to the course that's not because they didn't know and not because the others who got in 'cheated'

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@ewangibbs elitism is fine as long as it's an opportunity open to everyone.
should we draw our cabinet out of a hat for egalitarian reasons?

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@redrumlisa no, I think if people want public services it's good for them to pay a bit towards them, that includes pensioners.
bring back the 10p rate if you want, but having a lot of people paying nothing I don't think is helpful

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@danazzo3 @torysc_mout well some of them do pay tax, so that's ok, and I would kind of like it if more people paid tax, even if only a small amount so they think about what it gets spent on. So I think the tax free allowance should be lower than the state pension

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@mr_james_c yeah, but it means the non hypothecated ones will become very expensive for gvt as they are unbundled

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@J_Bloodworth perhaps the onus could be on the people who are affected rather than on everyone else?

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@kelvmackenzie I imagine it's 95% AI and 5% tax changes that caused this

[signüll @signulll]

look china doesn’t even need to kill american labs. it only needs to compress expected returns enough that private (maybe soon public) capital stops financing training runs.

american labs must eventually produce margins. china can treat frontier intelligence as strategic infrastructure & accept no direct financial return at all.

in essence america prices financially. china prices geopolitically.

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@PolitlcsUK what we needed was more things making it hard to hire people

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@PhilipProudfoot invasions are for geopolitical reasons, the economy always gets trashed anyway in a war

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@MarkGladman5 @normanbluecoll1 https://t.co/7Q6yeyLLWb

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@MarkGladman5 @normanbluecoll1 I think the OECD proposed a minimum wealth tax where you could offset all other tax against it, eg if you owe £10m wealth tax but paid £5m income tax then you only have £5m wealth tax. I think that kind of thing is reasonable

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@tomhfh I'm not at all convinced about this. The problem is it's a monopoly and so no private company has any incentive to do anything good that's not a statutory obligation