Chris Bellamy

Founder @firstfound,

[Chris Bellamy @cmbellamy]

@RyanShorthouse Fair argument but if this is a tax on the recipient, then everyone should pay it and it shouldn't be based on the size of the estate.

[Chris Bellamy @cmbellamy]

@Conservatives Shocking take. This is everything I despise about politics, especially when you know full well the policy is entirely appropriate, fair and necessary. I really thought you finally starting to behave like a Government in waiting on most things.

[Chris Bellamy @cmbellamy]

@DanNeidle I know quite a few politicians who can help you make it add up. I suspect there will be some efficiency savings.

[Chris Bellamy @cmbellamy]

@dantomlinsonmp Minister for Growth. This really is a bad sitcom.

[Chris Bellamy @cmbellamy]

@labourpress Now do a list of the cabinet that supported Corbyn.

[Chris Bellamy @cmbellamy]

@Heccles94 Tell me you've never run a business having to deal with huge compliance costs of dealing with frivolous GDPR SAM'S without telling me you've never run a business.

[Chris Bellamy @cmbellamy]

@ChrisFDSJohnson Maybe for the businesses who have huge compliance costs dealing with frivolous GDPR SAR's

[Chris Bellamy @cmbellamy]

@jreynoldsMP @Telegraph If you are serious then you will cut the massive tax and other burdens that you have put on business, allowing them to invest.

[Chris Bellamy @cmbellamy]

@andyburnham Everything has got more expensive because of massive Tax increases Labour have put on business. It's really not complicated.

[Middlesbrough FC @Boro]

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[Chris Bellamy @cmbellamy]

@EdenGreg @DanNeidle @andyburnham Except higher paying tax payers will no longer put money into pensions as it will no longer make financial sense. Pay 40/45% tax and get 20% tax relief going in and then pay another 40/45% tax when drawing it down. Overall, paying over 60% tax.

[Chris Bellamy @cmbellamy]

@DanNeidle I suspect the 10% will be on top of the existing IHT arrangements.

[Chris Bellamy @cmbellamy]

@AnasSarwar Brilliant. When is the crippling Employer’s NI rise being reversed?

[Chris Bellamy @cmbellamy]

@welshroots You forgot destroying the SME economy with the NIC rise. You do know that is where taxes come from right?

[Chris Bellamy @cmbellamy]

@Chris_BoroUTB That's good. Unless I'm missing something I cant see my total in the Priority Points section. I can see the the points and games I got points for but not the total.

[Chris Bellamy @cmbellamy]

@irishkazza When did GAA clubs start showing the evil game?

[Daniel Priestley @DanielPriestley]

Say you have £100M net worth. The proposed wealth tax is 2% on assets over £10M… so you’d owe £1.8M every year in additional taxes.

To pay the additional £1.8M each year (2% on £90M) you would need to pay a £4M dividend. Of that £4M dividend, you get zero ALL of it is tax (see calculation below).

Given that most scalable assets pay less than 4% yield as it is, there is no point in owning UK assets. Especially because you’d also be paying tax to buy the assets, to employ people to run the assets and you’d be losing CGT or IHT if you sell them or die.

All serious investment would dry up and the economy becomes a backwater, stagnant economic wasteland rapidly.

[Chris Bellamy @cmbellamy]

@bevcraig @andyburnham How about cutting the crippling business rates that is destroying businesses?

[Chris Bellamy @cmbellamy]

@LynneJo06755753 @DeborahMeaden @RobeF1 And raised business taxes to unsustainable levels destroying jobs and wages.

[Chris Bellamy @cmbellamy]

@mfcharry2 @Chris_BoroUTB https://t.co/w3LwKE4aKd