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Post by Chewbacca the Wookie on Nov 13, 2024 5:27:03 GMT
Interesting video as is the reaction he talks of, though not that surprising as it often happens when you have someone who’s black that’s on the centre / right of politics. They’re treated like some sort of traitor because that’s not how they’re supposed to think. It does seem that certain posters are totally unwilling to ever admit they’re wrong or that others may have an alternative view to them and that if they do they’re brow beaten into being told that they’re WRONG rather than just being allowed to disagree respectively. Anyone particular in mind?  Some people just don’t accept pluralism in a pluralist society. You can agree with whatever idea you want to agree with, but should always accept that there can be more than one idea. Hmmmmm |
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Post by Paul Spencer on Nov 13, 2024 5:48:38 GMT
Yup, he just keeps repeatedly demonstrating to us all, that's he's on that path to peace 🙄
These people are dangerous fundamentalist dickheads ...
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Post by salopstick on Nov 13, 2024 7:48:39 GMT
I would rather Donald Trump pick and get confirmed rich business people such as Elon Musk and Linda McMahon who will come under intense public, congressional and media scrutiny than have rich businsess people such as Bill gates operating in the shadows in organisations such as the WHO where they do not get the scrutiny.
All of his other picks regardless of what you think of them will come under the same scrutiny
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Post by thisisouryear on Nov 13, 2024 8:40:36 GMT
The billionaires are taking control and people are stupid enough to believe they have their interests at heart
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Post by scfcbiancorossi on Nov 13, 2024 9:09:27 GMT
Kristi Noem - The ultimate milf 🫠🫠🥰
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Post by mickeythemaestro on Nov 13, 2024 9:11:37 GMT
The billionaires are taking control and people are stupid enough to believe they have their interests at heart Think they already have taken over to a large extent to be fair. When you see the likes of Netflix paying 1m or so in tax on nigh on 1bn in UK profit you know something ain't right...its a problem. Edit. Looked it up. It was 4m paid in tax on 1.15bn in profit. Or 0.35% tax rate. I wouldn't mind that tax rate 😮 |
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Post by thisisouryear on Nov 13, 2024 9:23:57 GMT
The billionaires are taking control and people are stupid enough to believe they have their interests at heart Think they already have taken over to a large extent to be fair. When you see the likes of Netflix paying 1m or so in tax on nigh on 1bn in UK profit you know something ain't right...its a problem. Edit. Looked it up. It was 4m paid in tax on 1.15bn in profit. Or 0.35% tax rate. I wouldn't mind that tax rate 😮 That's ridiculous, maybe they need more power because they are paying too much tax. One thing is for sure they won't be helping the working man before themselves |
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Post by salopstick on Nov 13, 2024 10:27:54 GMT
The billionaires are taking control and people are stupid enough to believe they have their interests at heart taking control? bollocks they took control centuries ago, rothschild, rockerfella etc etc |
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Post by noustie on Nov 13, 2024 10:34:28 GMT
The billionaires are taking control and people are stupid enough to believe they have their interests at heart taking control? bollocks they took control centuries ago, rothschild, rockerfella etc etc Rothschild funded both sides of the Napoleonic war - presume that was what the banking bit in Game of Thrones was based on. |
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Post by wannabee on Nov 13, 2024 11:01:26 GMT
The billionaires are taking control and people are stupid enough to believe they have their interests at heart Think they already have taken over to a large extent to be fair. When you see the likes of Netflix paying 1m or so in tax on nigh on 1bn in UK profit you know something ain't right...its a problem. Edit. Looked it up. It was 4m paid in tax on 1.15bn in profit. Or 0.35% tax rate. I wouldn't mind that tax rate 😮 It was not £1.15Bn profit it was revenue and for 2021 In 2023 Netflix UK had Revenue of £1.7Bn and pre tax profit of £53.7M on which it paid tax of £14.2M about 26% The reason Netflix has relatively low pre tax profits compared to revenue is that many of its content e.g. The Crown, Egerton, Baby Reindeer etc are commissioned in UK and you as a business person know you pay tax on your profits not your revenue's |
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Post by thisisouryear on Nov 13, 2024 11:05:46 GMT
The billionaires are taking control and people are stupid enough to believe they have their interests at heart taking control? bollocks they took control centuries ago, rothschild, rockerfella etc etc They normally get someone else to do their dirty work. |
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Post by mickeythemaestro on Nov 13, 2024 11:21:36 GMT
Think they already have taken over to a large extent to be fair. When you see the likes of Netflix paying 1m or so in tax on nigh on 1bn in UK profit you know something ain't right...its a problem. Edit. Looked it up. It was 4m paid in tax on 1.15bn in profit. Or 0.35% tax rate. I wouldn't mind that tax rate 😮 It was not £1.15Bn profit it was revenue and for 2021 In 2023 Netflix UK had Revenue of £1.7Bn and pre tax profit of £53.7M on which it paid tax of £14.2M about 26% The reason Netflix has relatively low pre tax profits compared to revenue is that many of its content e.g. The Crown, Egerton, Baby Reindeer etc are commissioned in UK and you as a business person know you pay tax on your profits not your revenue's ,offices%20in%20Paris%20and%20Amsterdam. I stand corrected. However there is an open investigation ongoing by multiple authorities into how Netflix are manipulating their profit margins. And think of it this way, a 50 million profit on revenue of 1.7bn is a pretty shit business don't you think. Summat ain't right. I build a few houses here and there. Not really a businessman in any grand sense. Just trying to make a half decent living. |
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Post by wannabee on Nov 13, 2024 12:07:56 GMT
It was not £1.15Bn profit it was revenue and for 2021 In 2023 Netflix UK had Revenue of £1.7Bn and pre tax profit of £53.7M on which it paid tax of £14.2M about 26% The reason Netflix has relatively low pre tax profits compared to revenue is that many of its content e.g. The Crown, Egerton, Baby Reindeer etc are commissioned in UK and you as a business person know you pay tax on your profits not your revenue's ,offices%20in%20Paris%20and%20Amsterdam. I stand corrected. However there is an open investigation ongoing by multiple authorities into how Netflix are manipulating their profit margins. And think of it this way, a 50 million profit on revenue of 1.7bn is a pretty shit business don't you think. Summat ain't right. I build a few houses here and there. Not really a businessman in any grand sense. Just trying to make a half decent living. Overall I agree with you it's called Base Erosion and Profit Shifting (BEPS) and is quite legal but perhaps unethical The most profitable part ot high tech businesses is royalties which can be nominally held anywhere. As Netflix is European Headquartered in Amsterdam I'd be surprised if the Holding Company isn't in the Dutch Antilles Tax Haven. Basically the vast majority of profits are made by Tax Haven Holding Company charging a licence fee to the operating Company in Netherlands, UK, France etc to screen the content. This licence fee becomes an expense in the operating Company which lowers the profits to a minimum. The EU has become quite aggressive in pursuing BEPS practices mostly done in Netherlands, Ireland, Luxembourg, Cyprus and Malta. The UK is less aggressive in curbing the exact same practices in its Tax Havens BVI, Bermuda, Cayman etc so can hardly complain. I |
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Post by mickeythemaestro on Nov 13, 2024 12:40:17 GMT
Overall I agree with you it's called Base Erosion and Profit Shifting (BEPS) and is quite legal but perhaps unethical The most profitable part ot high tech businesses is royalties which can be nominally held anywhere. As Netflix is European Headquartered in Amsterdam I'd be surprised if the Holding Company isn't in the Dutch Antilles Tax Haven. Basically the vast majority of profits are made by Tax Haven Holding Company charging a licence fee to the operating Company in Netherlands, UK, France etc to screen the content. This licence fee becomes an expense in the operating Company which lowers the profits to a minimum. The EU has become quite aggressive in pursuing BEPS practices mostly done in Netherlands, Ireland, Luxembourg, Cyprus and Malta. The UK is less aggressive in curbing the exact same practices in its Tax Havens BVI, Bermuda, Cayman etc so can hardly complain. I You know far more than me obviously. But you're right about it being unethical. And this is my and many others issue. When the calls come for "tax the rich" or those with "the broadest shoulders", the reality is it is the low level hard working doers who might have done alright for themselves who end up being landed with the bill. And that has knock on effects not for the corporations but for your ordinary working man as well. It's totally unfair. There needs to be a complete overhaul to make mega business pay their fair share back into the very society that they wouldn't even exist without. In my opinion or course.. |
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Post by frasier37 on Nov 13, 2024 13:01:29 GMT
The billionaires are taking control and people are stupid enough to believe they have their interests at heart They've always had control....they're just squeezing harder now |
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Post by wannabee on Nov 13, 2024 17:13:13 GMT
Overall I agree with you it's called Base Erosion and Profit Shifting (BEPS) and is quite legal but perhaps unethical The most profitable part ot high tech businesses is royalties which can be nominally held anywhere. As Netflix is European Headquartered in Amsterdam I'd be surprised if the Holding Company isn't in the Dutch Antilles Tax Haven. Basically the vast majority of profits are made by Tax Haven Holding Company charging a licence fee to the operating Company in Netherlands, UK, France etc to screen the content. This licence fee becomes an expense in the operating Company which lowers the profits to a minimum. The EU has become quite aggressive in pursuing BEPS practices mostly done in Netherlands, Ireland, Luxembourg, Cyprus and Malta. The UK is less aggressive in curbing the exact same practices in its Tax Havens BVI, Bermuda, Cayman etc so can hardly complain. I You know far more than me obviously. But you're right about it being unethical. And this is my and many others issue. When the calls come for "tax the rich" or those with "the broadest shoulders", the reality is it is the low level hard working doers who might have done alright for themselves who end up being landed with the bill. And that has knock on effects not for the corporations but for your ordinary working man as well. It's totally unfair. There needs to be a complete overhaul to make mega business pay their fair share back into the very society that they wouldn't even exist without. In my opinion or course.. Retired now, for a time used to be part of my job. In principle I completely agree with you, the problem is that in practice it's very difficult to legislate for both Corporations and Individuals because every country has a different Tax Code and people and Capital is mobile. It has to be tackled on a Global basis. A good start was made a couple of years ago but it took almost 10 years of OECD negotiations. More than 140 Countries from 2024 signed up to a Global Minimum Tax GMT rate of 15%. It will take a few years to see if has an effect but I doubt it will solve the Tax Haven problem which UK is an active participant in. The US Corporation Tax Rate is 21% but half that 10.5% on Foreign Earned Income, which incentivises offshoring profits but it is only chargeable when it is onshored to US via Dividends. Large Multinationals want to post large profits to drive up their Stock Price, Investors don't necessarily look at the detail. |
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Post by Davef on Nov 13, 2024 18:53:15 GMT
The billionaires are taking control and people are stupid enough to believe they have their interests at heart This was recorded nearly 20 years ago... |
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Post by wannabee on Nov 13, 2024 19:33:17 GMT
I would rather Donald Trump pick and get confirmed rich business people such as Elon Musk and Linda McMahon who will come under intense public, congressional and media scrutiny than have rich businsess people such as Bill gates operating in the shadows in organisations such as the WHO where they do not get the scrutiny. All of his other picks regardless of what you think of them will come under the same scrutiny Musk won't be subject to Congressional scrutiny nor will his appointment be confirmed by them, he has been appointed to head up a new Department of Government Efficiency DOGE 🐶 but it will not be a Government Agency so will err .... operate in the shadows |
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Post by Ariel Manto on Nov 13, 2024 20:07:48 GMT
Definitely time to transfer to Bluesky (if you haven't already, that is).
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Post by wannabee on Nov 13, 2024 20:18:59 GMT
Definitely time to transfer to Bluesky (if you haven't already, that is). Or buy their stock which has gained over 100% in the last two weeks |
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Post by thisisouryear on Nov 13, 2024 21:58:08 GMT
The billionaires are taking control and people are stupid enough to believe they have their interests at heart This was recorded nearly 20 years ago... It makes it even more scary that the billionaires have managed to create a cult that people seem completely consumed by. First Trump was the man, now Musk has moved in, winder who's next? |
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Post by mickeythemaestro on Nov 13, 2024 22:10:55 GMT
The billionaires are taking control and people are stupid enough to believe they have their interests at heart This was recorded nearly 20 years ago... The American dream, you have to be asleep to believe it.... First came across that sketch about 7 or so years ago. Made me think very differently from that point on. We're all getting fucked in reality down in the real world... |
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Post by scfcbiancorossi on Nov 13, 2024 22:37:08 GMT
Big Vik Orban - Fantastic bloke.
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Post by mrcoke on Nov 13, 2024 23:25:51 GMT
Interesting to see the posts on this thread about democracy being taken over by big business. I have been banging on about this on the Brexit thread for years. “Corporate capture” is a phenomenon where private industry uses its political influence to take control of the decision-making apparatus of the state, such as regulatory agencies, law enforcement entities, and legislatures. When corporations draft legislation privately with lawmakers that they have significant influence over, this results in laws and policies that benefit corporations ..."ccrjustice.org/Corporate-Capture"UK governments .... ... enable ever greater business access to public authority and revenue."blogs.lse.ac.uk/politicsandpolicy/corporate-state-capture/" .... big business dominates policy-making and threatens our rights" www.alter-eu.org/corporate-capture-in-europe-when-big-business-dominates-policy-making-and-threatens-our-right"There are an estimated 25,000 lobbyists working in Brussels; most of whom are representing the interests of corporations and their lobby groups."corporateeurope.org/en/lobbyplanetThere are other sources which say there are 35,000 lobbyists in Brussels and Strasbourg seeking to influence the EU. Where are these lobbyists employed from? " .... as many as 50 per cent of the staff who work at Brussels' biggest lobby firms having a background in one of the EU institutions" www.alter-eu.org/the-revolving-door-in-detail#:~:text=The%20revolving%20door%20is%20at,one%20of%20the%20EU%20institutions. Lesson 1: Ensure tight control of politicians and keep them accountable to their constituents who can throw them out at the next election if they mess up. Lesson 2: Ensure all law making is by UK elected politicians and not handed over to others unelected by UK citizens. Lesson 3: Ensure all gifts, income, meetings of UK elected politicians is available for public scrutiny. Public representatives should be transparent in their activities. Secrecy should only be permitted in the case of national security issues. |
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Post by Ariel Manto on Nov 13, 2024 23:58:55 GMT
Definitely time to transfer to Bluesky (if you haven't already, that is). Or buy their stock which has gained over 100% in the last two weeks True. I just think Bluesky is much better - especially for detailed news articles and some academic content (which I always feel morally obligated to read). X has just become a vehicle for fake news articles, ridiculous levels of propaganda, and emotionally extortionate degrees of abuse and vitriol. You can make your own jokes 😄 |
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Post by CBUFAWKIPWH on Nov 14, 2024 3:07:06 GMT
Big Vik Orban - Fantastic bloke. His he the centrefold in the November edition of Big Man Monthly? |
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Post by Huddysleftfoot on Nov 14, 2024 5:18:53 GMT
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Post by knype on Nov 14, 2024 6:45:25 GMT
Its great to see the leftie meltdown with what Trump is doing.
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Post by Northy on Nov 14, 2024 7:49:08 GMT
Kristi Noem - The ultimate milf 🫠🫠🥰 Top quality at 52. Is she a gilf yet ? |
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Post by RipRoaringPotter on Nov 14, 2024 8:26:20 GMT
Its great to see the leftie meltdown with what Trump is doing. You should go on the Starmer thread - toys everywhere. |
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