Comments on Thanks Sarko, but no thanks

Come to Canada. We have no estate taxes. Your prime house is not taxed on its capital appreciation. Mind you second properties will be taxed on their increase in value. All shares are deemed sold on death except when they pass across to a spouse. 50% of any capital gains are added to taxable income.

How does Britain tolerate the 300,000 pound estate limit for death duty?


Posted by tranio at July 31, 2007 01:55 PM

Bulgaria just introduced a flat tax of 10%, Bulgaria anyone, anyone?


Posted by WalterBoswell at July 31, 2007 02:07 PM

People going from France to Britain to escape high taxes is like people leaving New York for Johannesburg to escape the high murder rate.


Posted by Kim du Toit at July 31, 2007 02:38 PM

Depends on your circumstances, KdT. Britain's tax regime is quite friendly to wealthy resident but non-domiciled individuals. It is brutal if you are poor and/or don't have an accountant.


Posted by guy herbert at July 31, 2007 03:37 PM

All heavy tax systems, whether French or British, have their loopholes. The key is to find proper advice to find them. Good tax accountants are expensive but definitely worth it.


Posted by Dan at July 31, 2007 04:00 PM

Dan,

Any recomendations?


Posted by Frederick Davies at July 31, 2007 11:40 PM

Why not just have someone ghost-write a novel for you, and then move to Ireland? Don't they still give writers zero taxes?


Posted by nick g. at August 1, 2007 07:18 AM

I think Oscar Schindler put it best - have a forgiving priest and a clever accountant. I'm agnostic so I only need the later.

Bulgaria, eh? I dunno. I'd certainly consider Romania. I knew a load of Romanians at Leeds Uni and they were good lads and cracking mathematicians. They had their own 5-aside team - Steau Maths and they were bloody assassins.

In fact I have my eye on a little medieval heap in Targoviste. I'd get a coupla Tesla coils in and an Igor and work on the laugh.

Mad, mad! You call me mad when I alone know the secret of life!

But I'll probably stick with fixing computers in South Manchester. Bugger. I can't even face black pudding let alone drinking the still warm blood of virgins.


Posted by Nick M at August 1, 2007 10:18 AM

let alone drinking the still warm blood of virgins

Don't know about drinking their blood, but nibbling on them sounds like fun.


Posted by Counting Cats at August 1, 2007 11:21 AM

nick g. said: Why not just have someone ghost-write a novel for you, and then move to Ireland? Don't they still give writers zero taxes?

No sure, used to be, probably not so friendly towards writers now. I know Bono and clan have relocated to Holland due to the ending of the artist friendly tax system. If you design stamps and use oil as a medium you still can avail of zero tax but good luck raising a family on that income.


Posted by WalterBoswell at August 1, 2007 11:23 AM

Counting Cats,
That is pushing it way to far, even for an Australian and that's spoken by a fellow in the northern Hemisphere (where we obey Corioli's Force) who is currently listening to Kylie.

In general, what is the thing with virgins? I like my sexual partners like I like my Whisky - at least 18 years old and somewhat experienced.

But nibbling! Jesus Horatio Christ with a hybrid powered stealth jet-pack! Licking virgins I could put up with but nibbling!

I have done many things to virgins but nibbling is beyond the pale.

Lordy, I'm sounding just as flithy now! I sincerely hope Paul Marks doesn't come across this thread because it would kill him stone-dead.


Posted by Nick M at August 1, 2007 03:15 PM

Nick,

Ok, ok, I give up. You are right.

I don't see much value in virgins either. A bit (a lot?) of experience on both parties tends to make the evening a great deal more fun. I suppose I tend to associate a desire for virgin (read ignorant and inexperienced) females with men who otherwise would have to be satisfied with the family camel.


Posted by Counting Cats at August 1, 2007 03:30 PM

I believe that Ireland now taxes the income of writers (I wish it did not).

As for some of the other parts of the thread, my attitude is much the same as when I come upon odd shows late at night on television "what are these strange looking young people doing?" - and then moving on.

It all looks too much like hard work to me.


Posted by Paul Marks at August 1, 2007 05:57 PM

Why, what a coincidence I happen to be a young french guy working in a hedge fund with fancy derivatives and futures. I live in New-York though.

Recently, the French Minister of Economy, Christine Lagarde was talking to a similar audience and pleaded for expats to return home, claiming that it was better than the friday Eurostar or escaping to the Hamptons. In her speach she insisted that the tax shield was going to move:

No one will pay more than 50% of income tax in France! This mean no one will be able to claim France is stealing its citizen anymore.

Yes, very creepy.


Posted by A.B. at August 1, 2007 07:11 PM

Counting Cats,

The camel if you're lucky. Most likely the goat.

Within the English speaking (and otherwise relatively civilized world) we have created the phenomenon of situational homosexuality within single sex schools and prisons (especially prisons).

And I couldn't give a toss over this because I was co-ed from five and have never done anything bad enough to land in chokey. And in any case I couldn't give a monkey's chuff what consenting adults do in private.

But when an entire society segregates male and female to the extent we have in Saudi Arabia or Iran I do have a problem. Especially because the end result is "situational homosexuality" by people who almost all are not naturally (or even by choice) gay. That's got to be warping. Especially considering that the punishment (if caught) is stoning or hanging (and we're not talking Albert Pierrepoint long drop here - we're talking about hoisting from a crane before a baying crowd.

And this is for giving another lad a hand-job. I hope they're fucking proud of themselves because I'm not proud of them.

Perhaps if they had been allowed to mix with girls and (shock, horror!) do "stuff" with them then this calamity wouldn't happen. Clearly it is a calamity - I mean it has to be pretty bad to strangle a kid from a crane. If the offence isn't real serious then it is simple cruelty isn't it?

Or is it? Well it will be a cold day in hell before I condemn the assorted homosexuals I know to the pit of Hades. Because quite simply I would much rather they engaged in bum sex with sexually experienced partners than blew themselves up on UK public transport (where I might be).

Or in short, I'd much rather know a gay man (or woman) than have a leg blown off. And I would also much rather live in a free state that allowed sexuality to blossom in all it's many forms. It's bloody obvious but quite simply no gay lad is going to try and shag my missus. And, indeed, will probably not attempt to blow my leg off.

I actually wish suicide bombers success (sort of). I do hope they off themselves and spend the rest of eternity with sexually inexperienced girls. I hope they spend the next 10,000 years saying, "No, not like that, like this" to the whole flock of 72 virgins. I think it would be suitable.

I am also aware that if the standard suicide waistcoat goes off then your dick is going to be very clearly blown off so I put to the Samizdatistas the very simply question - what'ya gonna do?

The Koran and the Hadith is almost entirely bunk but where do the 72 Virgins come from. Given birth rates and such I very much doubt there are 72 virgins for even every Muslim man. And I assume they have to be real women who never had sex. That's a hell of a lot of virgins. Certainly for Manchester. So does Allah make automota or what?


Posted by Nick M at August 2, 2007 02:07 PM
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