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news & politics:discussion


zahidf

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10 hours ago, Kurosagi said:

Is this the first year that no-one from the news thread has managed to get tix?

i wasn't trying for tickets for myself, was trying for my son, he didn't get them either.

 

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On 11/18/2023 at 12:06 PM, Barry Fish said:

While inheritance tax is only paid by 4% of estates that is set to rise to 7% by 2032.  So adjusting the boundary of when you pay it to keep it around 4% may well not be as awful as being suggested here.

I do think cutting benefits though is very questionable.  I have never liked working tax credits so wouldn't mind them getting a kick in. 

never had them myself, but i  don't think working tax credits exist any more

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1 minute ago, Barry Fish said:

Think it might fall under universal credit now.... but its basically the same thing.  Subsidising pay

think you could be right from what i remember hearing.

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1 hour ago, steviewevie said:

far right libertarian nutjob has won presidency of Argentina.

cool dude

Javier Milei's Hair Is Baffling the World - WSJ


Was just reading about this guy. Sounds like an absolute nutcase. Besides the insane politics he also claims he has spoken to God in visions, is a tantric sex teacher and cloned his dog.

Argentina has long been a basket case. I guess the natural reaction to that must be to elect the oddest person you can find?

It will be interesting anyway. If he implements the sort of pure austrian economics he claims to believe in then when that fails then maybe we can at least point to that as being an example of how all and any attempts at free market economics dont work in the way that folk on the right use the extreme and irrelevant example of the soviet union as to why even moderate democratic socialism cant work.

Edited by mattiloy
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10 minutes ago, mattiloy said:

It will be interesting anyway. If he implements the sort of pure austrian economics he claims to believe in then when that fails then maybe we can at least point to that as being an example of how all and any attempts at free market economics dont work in the way that folk on the right use the extreme and irrelevant example of the soviet union as to why even moderate democratic socialism cant work.

unless it works.

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2 hours ago, Barry Fish said:

This post is a great example of the cost of some benefits...

Not only do we give money to people so employers don't have to pay them a decent amount so they get to maximise their profits, we then have to pay people to pay the people not being paid enough by those employers.

I think its just default bat sh*t crazy.

The solution is to pay a proper living wage to people and force companies to do the right things.

Strong agree.

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49 minutes ago, Barry Fish said:

Labour would have to explain to the public why the should have less money in their pockets. if they want to reverse a NI cut.

don't think they'd lose many votes offering to restore ni tax levels.

 

why an ni cut, ni hits the rich harder (but not hard enough).

its still tax cuts for the rich.

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