Making the news today....

[Mark J]

17 hours ago, tree-fancier123 said:

I don't like him at all, sorry - the idea that some trader spiv like that can teach people about economics is laughable.

Warren Buffets late business partner Charlie Munger was well known as a voracious reader - a book with two legs sticking out the bottom. He recommended this book to learn economics; I haven't read it yet, but if I seriously wanted to learn economics this is where I would start. I much prefer dry informative textbooks to some would be celebrity/politician pushing a narrative.

It is obvious his subject matter will be clickbait and help him monetise the channel, everyone loved Robin Hood

You are missing the point. The guy in the link is a billionaire. He doesn't need any money. He is trying to explain to ordinary people why we are  heading into poverty. The reason being that the rich have an exponentially increasing amount of the assets of this country, and they pay substantially less tax than those of us who work.

Edited Saturday at 05:51 by Mark J

[tree-fancier123]

3 hours ago, Mark J said:

You are missing the point. The guy in the link is a billionaire. He doesn't need any money. He is trying to explain to ordinary people why we are  heading into poverty. The reason being that the rich have an exponentially increasing amount of the assets of this country, and they pay substantially less tax than those of us who work.

Am I?

Lots of people have been all over his claims. Bullshit is he a billionaire. 

From the Financial Times who went and spoke to some of his former coleages

what Gary has said

what Gary's old workmates said

other old workmates have described his media exploits as 'sad' - that was my view, and still is

Gary Stevenson's ex-Citi colleagues say his debate was "sad"

WWW.EFINANCIALCAREERS.COM

---

Gary Stevenson is a star, but his former Citi colleagues are wary. It's not because of his arguments for higher tax.

[Mark J]

1 minute ago, tree-fancier123 said:

Am I?

Lots of people have been all over his claims. Bullshit is he a billionaire. 

From the Financial Times who went and spoke to some of his former coleages

what Gary has said

what Gary's old workmates said

other old workmates have described his media exploits as 'sad' - that was my view, and still is

Gary Stevenson's ex-Citi colleagues say his debate was "sad"

WWW.EFINANCIALCAREERS.COM

---

Gary Stevenson is a star, but his former Citi colleagues are wary. It's not because of his arguments for higher tax.

I genuinely believe they are trying to discredit him. Mostly because they see him and his mission as a threat. 

Anyway, sun is shining and it's Saturday. Have a good one. 

 

[Mark J]

[tree-fancier123]

illegal immigrants housed in wheelie bins instead of hotels  - so a billionaire doesn't have to pay a wealth tax

[Johnsond]

7 hours ago, Mark J said:

I genuinely believe they are trying to discredit him. Mostly because they see him and his mission as a threat. 

Anyway, sun is shining and it's Saturday. Have a good one. 

 

I your opinion why would they want to discredit him Mark ? A threat to the status quo perhaps? 

[Johnsond]

6 hours ago, Mark J said:

Been tried Mark doesn’t work, most recently Norway. 
How about lowering taxes further down maybe an incentive to graft rather than batter people when they get over 50k 

You are ok with your previous post about him being a threat but see no correlation between the current tax bands and maintaining the status quo 🤷‍♂️. We ain’t never gonna tax our way out of debt Mark. Give people a chance to get up which none of the recent governments have and this one in particular look hell bent on keeping people down. 

[Mike Hill]

The Norwegian wealth tax is more than just the Richest leaving the Country. It's been a systematic attack on small and middle sized business owners over the last 20 years.

 

The tax on Profit has gone from 4 to 28% which encourages businesses to run in the pink,which is fine until the economy slows. Norway has the highest rates of bankruptcy in Europe.

 

So it avoid a recession the government gave its employees ( 2 out of 3 workers) a pay rise. Instead of buying services like builders or landscapers they generally bought goods and mainly online.

 

Massive own goal but what do you expect for "Blond Arabs?".

[billy_wizz]

10 hours ago, Mark J said:

How many would actually pay it anyway rather than just moving somewhere else?

[AHPP]

2 hours ago, Mike Hill said:

run in the pink

 

Never heard that expression. Does it mean to spend a lot or work a little so as to break even or only make (show) a modest profit?