Alex Polz

[Politics UK @PolitlcsUK]

According to analysis by The Times, a 16-year-old working the legal maximum 12 hours a week during term time earns about £94. With PIP for anxiety, they can receive £194 by staying at home

Story: https://t.co/O5rAdbzQ1R

[Politics UK @PolitlcsUK]

🚨 NEW: Teenagers claiming PIP for anxiety are receiving £100 more a week than those working the maximum hours in a minimum wage part-time job

[Daniel Priestley @DanielPriestley]

I’m calling BS on these 120 millionaires calling to be taxed more.

Look closely at who signed. A retired footballer whose been paid millions by taxpayers. A retired trader who’s net worth is well under $5M. Retired musicians, film directors and some heirs. People who finished building years ago - half of them aren’t worth the $10M threshold they think needs the wealth tax. Their wealth sits in liquid portfolios. The tax they propose either doesn’t apply to them or they have liquidity to pay it.

Now picture a founder with a £50m biotech firm. Her wealth isn't in a bank account. It's based on a speculative VC round. To pay 2% she has to rip £800k a year out of her business or sell it down piece by piece until someone else owns it.

Or imagine the restauranteur whose chain is finally having a profitable year after a decade of losses. A PE deal to expand gives him a paper worth of £60M and he now has to find £1M a year, every year personally if he wants to grow. 

Imagine the property developer couple who made a lifetime of delayed gratification and good decisions. Their portfolio makes £4M profit which is barely enough to cover the £2M in wealth taxes per year after they draw it from their company and pay the corporation tax - 100% essentially goes to tax.

The signatories aren't offering to pay a tax. They're volunteering someone else to. Someone who is still building, investing, growing, hiring.

HMRC already accepts voluntary payments. Any of these self-aggrandising millionaires could send extra money tomorrow. ALL of them benefited from lower tax rates and should pay the difference if they want to make a start. None of them will. They don't want to give more. They want a law that forces others to.

The wealth tax they propose won't work. It will backfire.

We don't need to guess. In 1990, twelve OECD countries had a wealth tax. Today it's three.

Sweden scrapped theirs. Germany suspended theirs. France tried it for decades, watched tens of thousands of wealthy families leave, collected a fraction of what was promised, and Macron repealed it because the country was losing more than it raised.

The £24bn projection assumes nobody changes their behaviour. Nobody has ever designed a tax where nobody changes their behaviour. Liquid wealth leaves. Illiquid wealth, the businesses and farms and employers, stays behind and gets squeezed.

The tax doesn't catch the guy with the yacht. It catches the guy with the factory.

It will end up hitting normal people.

Every tax "on the very richest" drifts downwards. Income tax started in 1799 as a temporary 3% levy on the richest 3% to fight Napoleon. Now workers are paying a 45% marginal rate. Inheritance tax was designed for stately homes and now catches three-bed semis in Surrey. VAT launched at 8%. It's now 20%.

When the wealth tax raises a fraction of what was promised, and it will, no Chancellor repeals it. They lower the threshold. £10m becomes £5m becomes £2m becomes your parents' house.

Here's what I'd say to the 120…

If you want your capital serving Britain, I'm with you. The best way is to back founders. Fund the startups and scale-ups on great terms like they do in the USA. Help build companies that scale here instead of selling early to America. Growing businesses already pour money into the Treasury through corporation tax, employer's NI and PAYE on every job they create. Back success and productivity. Stop rewarding fiscal deficits with good money after bad.

That's harder than signing a letter. You don’t get to look like a socialist super-hero. It's also the only version of "proud to pay" that's ever made a country richer.

Don't pretend to ask the government to tax you… or people twice as rich as you.

Invest in real growth and success.

[AJ Investment Research @alojoh]

100,000 Cybercabs generate as much profit as 30,000 new vehicle sales per quarter.

[AJ Investment Research @alojoh]

Here is a key number every TSLA investor should know: Tesla will be making on generous assumptions and at meaningful scale about $2,500 per Cybercab per quarter, before tax. This is based on our bottom up cost analysis which resulted in broadly similar numbers as provided by Tesla for cost. For pricing, we assumed more than what Elon is targeting. We performed a large US market analysis taking into account different market's varying degrees of deadheading miles. This is a key cost driver. Deadheading miles represent miles driven without paying customer (eg drive to pickup).

As the network matures and adoption and vehicle density increases (and as deadheading miles drop) the quarterly revenue per CC can rise to about $4,500 per Cybercab per quarter. Slightly more is possible but requires an area where adoption is very high and deadheading miles share is lower than currently unachieved by any taxi / ride hailing market globally.

What does this mean? It means that a scale of several thousand CCs makes no measurable dent in Tesla's financials. We need to get to hundreds of thousands before we see material financial effects.

For example, the post tax impact from a 10K CC fleet per quarter is just $20 million in earnings or $0.0058 per share. A 100K CC fleet contributes only $200 million in earnings or $0.06.

So, don't hold your breath. I highly recommend you bookmark this post so you can go back to it. These are key numbers every TSLA investor should know.

As our followers know, we don't pull numbers out of thin air. All numbers we post are based on significant amounts of research.

[DK🇺🇸🦅🇺🇸 @1Nicdar]

NYC Mayor Zohran Mamdani getting a multi-billion dollar bailout from the state and then claiming he cut the deficit to $0 is one of the most mind-blowing examples of socialist math ever.

[Geiger Capital @Geiger_Capital]

"QE is reverse Robin Hood. It’s policy that steals from the poor, to give to the rich."

- Kevin Warsh

[House Of The People @HoTPOfficial]

Thousands of new signups today. To everyone new here:

You can think of House of The People as a third chamber.

It's a platform for people all across the country to have a direct input on the legislation that governs us.

The core feature is that you, the people, can vote on every bill going through Parliament yourself.

We show you how your MP voted on the same thing, how every other MP voted, and how the rest of our userbase voted too.

You can track bills through Parliament, read plain-English summaries of what they actually mean, discuss with voters across the country, rank your MPs on their record, and see the democratic gap in your constituency.

For the first time, you can see where your voice aligns with Westminster and where it doesn't.

The whole point is to help people see beyond party lines and vote on policy itself.

And finally, we will never sell your data. We will never take party funding. This is built for the people, funded by the people.

[House Of The People @HoTPOfficial]

There is no way of knowing how often Parliament votes against what the public actually wants. Until now.

https://t.co/QpJCcn3FBH tracks every bill going through Parliament. You vote. We compare it to how your MP voted. The gap speaks for itself.

[No to Digital ID @NoToDigitalID]

🚨BREAKING: Welcome to the UK Free Speech Bill.

This could be the most groundbreaking potential legislation in British history.

Read the full text here: https://t.co/OKOuWKpP6o

[Eddie @StocksEddie]

Only 16% of UK adults own a Stocks and Shares ISA…

So 84% of UK adults aren’t using one of THE most tax efficient and useful wealth building tool in the UK?

We need this to change.

[Tesla @Tesla]

Weird, we were told this would never work

[Elon Musk @elonmusk]

That’s all the difference in the world

[Michael A. Arouet @MichaelAArouet]

Argentina’s economy when Javier Milei became president vs. today:

GDP growth: from -1.6% to +5.2%

Inflation: from 211% to 31%

Poverty rate: from 42% to 32%

Sorry comrades “economists”, free market works, and it works fast.

[The Disrespected Trucker @DisrespectedThe]

This tells me everything i need to know.

[AJ Investment Research @alojoh]

Sorry "plus-sized passengers" but this was long overdue. The impairment of your normal-sized neighbour's flight experience subsidized your flights. Glad airlines finally rectify this injustice.
@SouthwestAir 👏

[Polymarket @Polymarket]

JUST IN: European Union fines 𝕏 €120 million for allowing freedom of speech.

[Bella Wallersteiner 🇺🇦 @BellaWallerstei]

Outstanding. Speaking for the nation ⁦@Telegraph⁩