Paul Divito

50 and still trying to work it all out!

[Paul Divito @pfdivi]

If he does this and rejoins the EU. Will asset owners just go live / work / invest in places doing tax deals in Europe?? Great news for Lisbon and Milan etc

[Steven Swinford @Steven_Swinford]

Wes Streeting has this morning set out his tax plans - specifically bringing capital gains tax into line with income tax

He says that the current system is unfair because it penalises work

Higher or additional rate taxpayers will pay 24% on gains in the current financial year. Streeting said that the rates should mirror income tax bands - so 40% for higher rate taxpayers and 45% for additional rate taxpayers

He says that the approach could raise £12billion a year

Streeting said: “A member of my family is a cleaner in Lancashire. She pays a higher tax rate on her salary than her landlord pays for the growing value of the home she lives in. She slogs her guts out, he puts in far less effort, yet the state rewards him more than her. And we wonder why people are angry.

“The system is penalising work. It’s not fair and it’s bad for our economy. We need a wealth tax that works. A pound made from simply owning assets should not be taxed less than a pound made from a hard day's work. We can do it in a way that is pro-growth, pro-entrepreneur and pro-work.”

[Paul Divito @pfdivi]

@mark_wharrier @Frencheconomics @RegHoare 4 legs good. 2 legs bad.

[Paul Divito @pfdivi]

@v_j_freeman I believe PR actually benefits the right not the left over time
It would be a short term Labour win and long term mistake

[Paul Divito @pfdivi]

@AndreasSteno Serious question: is that not the other way around?

[Paul Divito @pfdivi]

@mark_wharrier @AngelaRayner Wes winning would be good for the bond market . Labour are so bad that he may just win by default. Can not believe that is the upside!!

[Paul Divito @pfdivi]

@nqatpod Is it that this is not ‘their’ generation?

[Paul Divito @pfdivi]

@Frencheconomics That would 💯 be a better idea than rent controls

[Paul Divito @pfdivi]

@AndreasSteno Firstly please ignore idiots and keep sharing views. I agree crisis is mainly over, I disagree on outcomes. I think everyone is mis pricing oil higher for longer post crisis. About to get mother of all restocks, plus we have an embedded economic slowdown with what just happened

[Paul Divito @pfdivi]

@mark_wharrier Rentokil / BET presentation was the first deal situation I had ever been to. Remember like it was yesterday. Clive Thompson flippantly turning the ‘of course we will do 20% slide!!’. Haha

[Paul Divito @pfdivi]

@mark_wharrier @Peston @ONS @mark_wharrier 💯 right. No-one was buying the government’s economic policy pre the war. Instead of using the war to make decisive economic decisions they dither. compounding the problem. A reminder they are no where in the polls, so literally no downside of doing the right thing

[Adam Brooks AKA EssexPR 🇬🇧 @EssexPR]

🚨 FOR THE FIRST TIME IN HISTORY

A UK Government’s welfare bill now exceeds the government’s income tax revenue.

Income Tax revenue - £331 BILLION

Benefits & welfare - £333 BILLION

[Paul Divito @pfdivi]

@v_j_freeman Thought your post was excellent. Plenty of poorly informed views on here. Please keep sharing your thoughts

[Paul Divito @pfdivi]

@nqatpod Kulusevski (and maybe Gray)

[Paul Divito @pfdivi]

Instead of bailing people out with money we just don’t have. Can we have workable economic policy that brings down our cost of borrowing??

[Mark Kleinman @MarkKleinmanSky]

Revealed: Britain's main hospitality industry trade body has written to Ed Miliband, the energy secretary, to consider government financial support for the industry amid growing concerns about a spike in costs following the outbreak of war in Iran. https://t.co/iDAn2riN4Y

[Mark Kleinman @MarkKleinmanSky]

Revealed: Britain's main hospitality industry trade body has written to Ed Miliband, the energy secretary, to consider government financial support for the industry amid growing concerns about a spike in costs following the outbreak of war in Iran. https://t.co/iDAn2riN4Y

[Paul Divito @pfdivi]

@bbqbobs Genuinely just saw the table and thought the same. We know exactly how you feel. Just been freed and feels great

[Paul Divito @pfdivi]

@nqatpod I think this is too generous. I think Amorim gets away with it as he is charming but unfortunately has been found out stepping up a level. I like to use the debate. How many of the current Prem managers would you swap for him. More than 6 we have the wrong guy

[Paul Divito @pfdivi]

@afneil I agree with the theory but your chart has too many caveats. US stock valuations relative to the explosion in US Debt and you can argue that these charts are misleading and flatter some of these so called giants. Does Meta or ASML have more long term value is a great debate.

[Paul Divito @pfdivi]

@afneil The point is half valid. Why choose an arbitrary cut off point of 50 years and exclude M&A. Meta bought WhatsApp, Microsoft has bought literally 100s, by way of example, so is the chart accurate?

[Paul Divito @pfdivi]

@StocksC_cricket @TheiPaperSport Can / should Key keep his job, given the close link??