Member Since: 04 Nov 2010
Location: West Yorks
Posts: 2895
Tax dodging Richard Branson 'should lose knighthood'....
Tax dodging Richard Branson 'should lose knighthood'..... along with the other Camerooon Knighted-Kids.
"The whole purpose of the honours system is undermined when the rich and the powerful can collect their gongs without giving anything back. It's even worse when tax exiles are given honours." Mr McDonnell said.
In 2013, Sir Richard said he was living on the island** because of a love for the "beautiful" location - not for tax reasons......
** = (Brass) Necker Island is in the British Virgin Islands
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28th Aug 2016 3:26 pm
Red Merle
Member Since: 30 Aug 2014
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McDonnall who?
RB has done a lot to raise the profile of business in this country.2011 - 2015: 3 x FL2
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28th Aug 2016 3:35 pm
crews control
Member Since: 18 Mar 2007
Location: Dorset
Posts: 5011
…and that would achieve what exactly? Would it make you feel better?
If you’re upset about totally legal loopholes or tax avoidance schemes for individuals and businesses, why not campaign to have the law changed? You’re liable to have far most success than simply resorting to petty bitterness and name calling.
If there’s something wrong with the system it’s needs changing. 2005 D3 HSE 2011 D4 Landmark 2016 D4 HSE Lux
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^^^^
Yeah, but he's wealthy and successful so he must be an evil git... Current: Discovery 3 06MY (55 reg) HSE Auto Zambezi Silver Allisport Fast Road Intercooler, V8 Brakes, Silicone IC Hoses, EGRs Blanked, Remapped, De-Cat pipe, FBHIC
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28th Aug 2016 3:39 pm
Scott #55
Member Since: 15 Apr 2015
Location: Glasgow
Posts: 1683
Fed up with politicians having a go at anyone who exploits loopholes in the legislation.
The ones at fault are those who draft the legislation and leave gaps in it. We, as taxpayers, pay their wages - we should hold THEM accountable. It's the politicians and civil servants who draft rules in a cack-handed and incomepetent manner who are at fault. They are the ones who should be paying the price.
And McDonnell is a left-wing malcontent who only wants more tax take so he can it away on another hare-brained Socialist scheme. Socialism works until it runs out of other people's money.2014 - D4 2010 HSE Nara Bronze
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28th Aug 2016 3:48 pm
AAA.Happy.Disco1.Fan
Member Since: 04 Nov 2010
Location: West Yorks
Posts: 2895
crews control wrote:
…and that would achieve what exactly? Would it make you feel better?
If you’re upset about totally legal loopholes or tax avoidance schemes for individuals and businesses, why not campaign to have the law changed? You’re liable to have far most success than simply resorting to petty bitterness and name calling.
If there’s something wrong with the system it’s needs changing.
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28th Aug 2016 3:56 pm
AAA.Happy.Disco1.Fan
Member Since: 04 Nov 2010
Location: West Yorks
Posts: 2895
Lost for Words wrote:
^^^^
Yeah, but he's wealthy and successful so he must be an evil git...
Far, far from it - as Mrs Thatcher, and other now outdated Monetarists, told us - 'The Trickledown Effect.' will prime and oil the economy right down to the lowest levels.
And many rich people got richer, and spent more, and paid more taxes to maintain the infrastructure necessary for their businesses.
Their taxes went to Education to train the next generations who would work for them; to build houses and hospitals so that their workforce was fit and healthy, and when they were ill, they'd be back at work quicker and better.
These 'rich' people helped finance the Police forces, and a 1 000 other parts of the Community in which they felt a part, and people admired them.
Then some of the entrepreneurs who'd decided that ''Greed is Good.'' broke ranks and became Non-Doms, and so called Tax Exiles = Tax Traitors.
They expected other people to take the pain of taxes, but they'd take (?) the Gain of the benefits those taxes brought. (? = HiJack; Steal; ..)
Now in US(A) if you'd tried that cheating trick, you'd have lost your American Citizenship, never mind any gongs.
In comparison, Knighthood stripping is rather a restrained suggestion.... don't you agree?
AAA
28th Aug 2016 4:38 pm
Mogwyth
Member Since: 03 Oct 2014
Location: Pwllheli
Posts: 3976
We wont mention the fact that he now spends most of his time on"not for profit" ventures and other fund raising which results in well in excess £10 million pa being given to good causes!==================================
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28th Aug 2016 5:03 pm
LT
Member Since: 31 Dec 2005
Location: South West
Posts: 23741
Conveniently forgotten to mention how many UK employees the Virgin group has & the tax revenue HMRC receives from it.
Do I like RB? Not particularly, but he's taken a lot of risk and worked many hours to get where he is and we need entrepreneurs such as him in the UK.2006 D3 HSE (Original & still the best)-GONE
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28th Aug 2016 5:40 pm
LT
Member Since: 31 Dec 2005
Location: South West
Posts: 23741
What would removing his Knighthood achieve exactly?2006 D3 HSE (Original & still the best)-GONE
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28th Aug 2016 5:41 pm
statetrooper99
Member Since: 13 May 2012
Location: North Yorkshire
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it would punish him for exposing the truth about Corbyn2016 Discovery Sport HSE Luxury 2.0 Ingenium Automatic
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28th Aug 2016 6:16 pm
LT
Member Since: 31 Dec 2005
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28th Aug 2016 6:31 pm
DSL Keeper of the wheelie bin
Member Since: 11 May 2006
Location: Off again! :-)
Posts: 73005
Exactly - only by destroying money or items does it not help someone else, and then there is no incentive to do so. Hence, Richard Branson's wealth inevitably goes to help hundreds of other people even if he doesn't pay a penny of tax. Getting worked up at tax avoidance it is a bit like bemoaning a leaking colander...
AAA.Happy.Disco1.Fan wrote:
In comparison, Knighthood stripping is rather a restrained suggestion.... don't you agree?
Not so much restrained as pointless. Current: Discovery 3 06MY (55 reg) HSE Auto Zambezi Silver Allisport Fast Road Intercooler, V8 Brakes, Silicone IC Hoses, EGRs Blanked, Remapped, De-Cat pipe, FBHIC
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Previous: FL2 56 reg SE Manual Black (written off )
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