You can not mean the Channel Islans – because they still have the vast 20% income tax that was put into place (as an emergency measure) at the start of World War II – and Social Security taxes have been put on top of this.

Oh I see what you mean – you mean any land where taxes are lower than they are here.

By the way stop talking about “the poor”.

First of all because it is not true that lower taxes in other countries mean higher taxes here – if anything the reverse is true (and this includes sales taxes – governments would be happy to increase them and increase them without the danger of tax competition, have a look at what the government does to the sales taxes in “compassionate” Chicago, Cook County).

And also because you imply that you speak for the poor.

I am poor – and you do not speak for me.

You can not mean the Channel Islans – because they still have the vast 20% income tax that was put into place (as an emergency measure) at the start of World War II – and Social Security taxes have been put on top of this.

Oh I see what you mean – you mean any land where taxes are lower than they are here.

By the way stop talking about “the poor”.

First of all because it is not true that lower taxes in other countries mean higher taxes here – if anything the reverse is true (and this includes sales taxes – governments would be happy to increase them and increase them without the danger of tax competition, have a look at what the government does to the sales taxes in “compassionate” Chicago, Cook County).

And also because you imply that you speak for the poor.

I am poor – and you do not speak for me.

It can not be the Channel Islands because they still have the vast 20% income tax that was put in as emergency measure at the start of World War II.

Plus they have social secrity taxes as well now.

Oh I understand what you mean by “tax haven” – you mean any place with taxation lower than here.

By the way stop talking about “the poor”.

First of all lower taxes in other lands does not mean higher taxes here (if anything it means lower taxes here), and secondly I am poor.

And you do not speak for me.

“The government SHOULD set-up an alternative for those of us who don’t want to have anything to do with British banks.”

I think that there should be less bank regulation. If it were easier to set up banks, then we could all put our money in new banks and let the old ones go bust.

You know: just like we do with every other business…

DK

I believe that all future wars should be entirely funded by those who support them. Those who oppose them should not have to pay anything towards them.

Also, those incompetent public transport companies who “run” (lol) our trains and buses should get no help from the taxpayer.

The government SHOULD set-up an alternative for those of us who don’t want to have anything to do with British banks.

Failing that, we should sell off the useless British banks to foreign companies who can better run them than the useless British morons.

“I do have a problem with tax havens as they are a means for the rich to shift the tax burden to the poor.”

Have you been listening to Polly and Richard Murphy? Lordy…

If the government doesn’t get so much money, it should cut its spending. They are spending £620 billion of our money this year. £620 billion. And local councils are spending another £24 billion.

Can you imagine what hell might occur if every single country in the world had precisely the same tax regime?

Tax havens represent competition in government. As soon as I am rich, I fully intend to move my money to one. Apart from anything else, I have private health and unemployment insurance and a private pension; I pay car tax (whether I live in a tax haven or not) and I pay council tax to have my bins (occasionally) emptied.

I shall then give money to decent charities in order to help the least fortunate in our society, and everyone else can get knotted, frankly.

DK

The roots of this crisis rest with the existence of government monopoly currencies and a banking system that is distorted by unwise regulations and the moral hazard of the “too big to fail” doctrine.

That’s the depth of the man’s capacity for critical thought.

Kudos to DK.

‘Berg

P.S. Hope you had a grand time Over There, KdT!

As Britain’s incompetent, mentally retarded bankers have proved, we are a nation whose economy has been led by criminals, gamblers, crooks, and clowns.

Sell all the British banks to foreign banks, I say.

And where is that turd Greenspan? I see he has gone into hiding along with many of his fellow crooks.

Appointing bankers to regulate bankers is the kind of stupidity which should see mass sackings. What was Brown thinking, putting idiots like Crosby into positions of influence.

Isn’t the NHS good enough for the likes of them Polly?

http://www.gnmcareers.co.uk/fe/tpl_GuardianNews01.asp?s=zLoXrZLbGnYSdMsZ&newlang=1&key=19364890&c=549823217158&pagestamp=sejawfejrhoikrendt