@LonsdaleKeith@annaturley You misunderstood. 100% of your money is, in fact, theirs. What you get is an allowance, but only to be used as you are told.
@TheCyclesTrader I think the point was more the UK business taxation. It has more to do with how and where IPR is taxed (badly in the main worldwide) and is looking at the wrong question.
A better question perhaps being the total available post tax yield to the equity holders.
@BullRunJoanne@MrMikeInvesting "Only" 10 consecutive even money. A mere 1350 to 1 against on an EU roulette wheel. 1727 on an American.
If he does his strategy in a huge number of groups one might succeed.
@StuboyU I must admit I thought the "bumbling buffoon" was just a part of the overall persona and it worked well in previous jobs.
Then his odd relationship with the truth showed it was the Peter principle at work.
@NeilBigGuns Has been a bit up and down, thats a very respectable performance.
I am hanging in at an entirely acceptable 19.5%. Ms Reeves will love me, all that income tax kn drawdown and IHT plus drawdown eventually.
@NeilBigGuns About 17 million earn the median of £39,000 or less.
Take 1 billion from every billionaire (believed to be 156) that would give £9,200 each. (That's about 30% of their total)
It's just an easy rubbish soundbite.
@2147mill Have been around a while. There may well be a tendency to underperform with limited protection over time. That extra income can extract a heavy price.
@2147mill Capping upside to strike - price + premium. You are not in control of where the strikes are set and the managers underlying. Look at the longer term of those which ....
@arron_ovitz@kelvmackenzie Who are these rich?
To be in the top 10% of earners it's "only" £72,000. 20% is £50,000.
They can't realistically support themselves and 4 others though higher income taxes.