I agree about tax being the price of accessing the market. In that respect higher VAT and lower corporation-tax would seem to be the way to go (and has been the policy in the United Kingdom in recent years).
Well we are where we are but corporation tax definitely needs to be paid rather than avoided.
‘Tens of billions?’ Do you have any evidence for this? And tax ‘avoidance’ is quite legal so not really the fault of the corporations that you allege avoid paying these ‘tens of billions’.
You think these ‘mega-rich’ people choose to live in the United Kingdom for the ‘large market’ (what large market?) and ‘good standard of living’ rather than the low personal tax rates? The United Kingdom probably benefits more from the low tax paid by these foreign ‘mega-rich’ (which would otherwise be paid abroad) than it loses from lost tax from indigenous ‘mega-rich’ who, if taxed more highly would probably move abroad.
You really need to ask, another user has already provided you evidence of just one company being forced to pay another £1.3bn in France and there’s more than just one.
Amazon 2013. £4.3bn in sales, £4.2m in tax. Now unless their profit margin was <0.5%, that’s a little low.
http://fortune.com/2016/03/11/apple-google-taxes-eu/
As the wealth gap increases along with salary ratios, it’s even more imperative that the wealthy pay their taxes because the rest simply don’t have it to pay.
I can because we live in one now.
Where do you imagine all these corporations that you’re going to tax get their money from? Apart from cross-border transactions virtually every penny of a corporstion’s profit, by one route or another, comes from their customers who pay for that corporation’s goods and services in the country that they live in; cross-border transactions are really no different except that the profits are generated from customers who live abroad (which, for domestic corporations, is to be encouraged, of course).
You want more punitive corporation tax, fine, but don’t expect the cost of your coffee or your Amazon order not to go up accordingly. And expect that corporation to move its headquarters to a country that has a lower corporation-tax rate if you push the tax rate too high.
Depends what you define as management of an economy. A 4.4% of GDP deficit (9.5% for Scotland) with no signs of abating is not economic management.
I don’t want more punitive corporation tax, I simply want them to pay it. Like I said, the rate can probably even be cut once the aforementioned actually happens.
It shouldn’t matter where they have their headquarters, that’s the point, that’s the loophole, or one of them. Plenty have a broom cupboard on some sh!tty island as their tax HQ, corporation tax should be paid according to sales per country as a price for accessing the market of that country.
The thing is, you are overestimating the price aspect a bit.. Do you think Germans, Italians or Swedes would suddenly break necks to buy a Jaguar or a Lotus if they were say 10% cheaper? I don’t think so..
At current value of £ they’re >23% cheaper than pre-Brexit (1.45 to 1.11 EUR/£). That makes a difference and not just to cars. Now some car buyers are funny, they’ll stick with one brand regardless of anything but others are more open-minded, especially the likes of rental companies.
yes, well done again. It is not at all possible that the Arab/Persian/Sunni/Shia history is complicated enough (I know I have missed off some Syrian groups alone), but it has to be the world wide Jewish conspiracy at it again eh?
Russia want’s to hold on to Syria at any cost and the West is typically divided (although how different would things have been if Ed Milliband hadn’t blocked Cameron/Obama from weakening Assad?)
Even without Assad there’d still be war there. Too many different interests, even without US/Russia. Shia, Hezbollah, IS, Al-Asham, Kurds, Army of Conquest, Al-Nusra etc. Getting rid of Assad will not solve any problem wrt that country.
MCTR- that is why.
MBDA wants to export storm shadow. Therefore the range is as stated. MBDA states range at low level flight to dodge the 300km range limits of MCTR.
Didn’t work though because the US still refused to integrate it on Middle East F-16.
Maybe 250km is the range if the engine doesn’t turn on and it it just glides down from 40,000ft.:highly_amused:
I would suggest at least 1,000km, even if they’ve made a really, really bad job of designing it.
No, 760 nm combat radius with warload is for fat kids
you are confusing C with E, its like confusing F-102 with F-106, two different types
so there you have it: 800 nm + 30 min+ on station with A2A combat radius,
or 800 nm with A2G combat radius
That figure is with DTs though. Sub-30% fuel fraction says it all. 3400/11400.
Again 800nm combat radius is with DTs. So it’s apples to oranges and 4000km is the ferry range with 3 DTs – 2 x 450gal (1800L) + 1x300gal (1200L).
http://aviationweek.com/site-files/aviationweek.com/files/uploads/2014/09/asd_09_25_2014_jas7.pdf
This is where the 800nm figure comes, from, 6 AAMs and 3 DTs.
So this is the radius when the aircraft is carrying more external fuel than it has internal fuel and weighs >35,603lbs (ignoring DT weight) with its 22,000lbf engine. That’s going to fly well isn’t it. What’s the accumulative cost of ditching all those drop tanks every mission in a war? From what I’ve heard, ditching them without a very good excuse is a court-martial offence, so probably not cheap.
The operating cost of $4,700/hr is also optimistic at best.
Interesting.. do you know that you are now closer to a definition of socialist thought than you were before, but you have come at it the long way round?
One thing though re a previous post – wealthy folk have good living standards wherever they go. So it ain’t that.
I don’t like to distinguish myself as either because it isn’t pragmatic.
What they do is play one nation off against the other but without access to western markets, they are nothing, hence why western countries should team up and block all tax avoidance routes. The formula for corporation tax should be:
(Sales in country X/Overall Sales) * (Corporate tax rate/100) * (Profit)
You can’t manage an economy where only the employees pay tax.
The crazy thing is, if everyone actually paid it, the rate could probably even be cut.
Are you sure? Oil prices crashed to about $48/barrel in December 2008, less than they are now, and demand for refining fell drastically too. It isn’t quite as simple an equation as oil price = fuel price.
At the time in question it was $78/bbl.
Qatar, UAE, Saudi Arabia, Kuwait – they are primarily interested in Sunnis overrunning Syria so that they get rid of Assad who is ally of Shiite Iran.
Turkey – less clear but I guess that whatever party that is willing to slash Kurds is good for them..
Israel – whoever occupies attention of Assad and Hezbollah, is helping Israel to become a less likely target
USA – their motives to get rid of Assad are not entirely clear to me.. to pi$$ off Russians on losing Tartus and Latakia bases? you tell me..
Pipeline from EU to oil states to cut off reliance on Russian oil and gas.
no, that comparison was apples to apples
So the Gripen NG can perform a 760nm combat radius clean? The Gripen has longer clean range than an Su-30?
UK has a long-term trade deficit. Last time it was in positive numbers was early 80s, plus a short period between 1996 and 2000.
http://www.tradingeconomics.com/united-kingdom/balance-of-trade
https://www.theguardian.com/business/2016/may/10/uk-trade-deficit-hits-new-record-of-24bn-pounds-eu-referendum-brexit
Before labour got in you mean. The main problem was the strong £. When you’ve got the Mediterranean nations crippling the value of the Euro, it’s a bit difficult to export anything to Europe. Even now the £ is above its 2008 value relative to the Euro, which says quite a bit.
the people who work in defence firms are generally not as free movers. I saw pics of Putin with Pogosyin in 1999 MAKS airshow.
trading partner? that’s why US fines all the EU based banks and firms for billions. just the VW/BP fines will be worth $100b. and US does not allow Airbus sales without its permission as it has more than 10% US parts.
US has big competitive advantage with its utilization of Asian/Hispanic labor on much larger scale. Only Chinese can afford Buicks/GMs on larger scale than US.the problem is you don’t have any ownership of industry that can take advantage of pound downfall. Its completely import based economics. the more Russia invest in defence the greater will be its high tech exports, investements and bigger the extraction contracts. the world operates on might is right principle.
We have plenty of engineering talent here, but it’s political difficult to justify spending much more than 2% of GDP on defence, whereas Russia spend about 4 times that %.
Us also fines its own banks and usually there should be people going to prison instead, or as well as.
All imports eh? Ballocks.
http://people.defensenews.com/top-100/
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It’s a two way thing, the strong £ has previously held up exports.
When they have sprang forth all of a sudden? Until yesterday, UK had zero carriers and zero planes…
Well you have to start somewhere. We have a carrier right now, but it lacks operationally cleared aircraft. The first carrier ops will begin in 2020, with a comprehensive capability by 2024.
How is that different to other fighters except F-22 and maybe EF? Hey, it’s called turn and burn for a reason.
That’s kind of the point. They’re the only 2 with true supercruise.