The Big Society and other conundrums

OK, so there was a news story today about Leics council
cutting park rangers from 16 to 10 (Better than Sherwood
Forest, from 10 to 2!)

People were complaining that the country parks would become
no-go areas infested with asbo-kids, drinks and drug
dealers.

Local council leader (Cons.) said they were looking for
volunteers to take up the shortfall, "letting people get
involved in their own community - this is what the Big
Society is all about!"

So, 6 people will loose their jobs and probably end up on
the social, meanwhile as a trade-off half a dozen well-off
semi-retired gents get something to occupy their spare
time.

And another thing!

On the radio yesterday they were on about the potential
impact the present middle-east troubles will have on the
global economy, and an 'Expert' expressed the view that oil
prices will increase - "possibly as high as they were 2
years ago! but if the troubles spread to Saudi it will be
much worse, and oil prices could match the sharp peaks of
the 1970's and 1980's."

OooKay! if oil prices today are lower than 2 years ago,
then WTF did it cost me 66 fucking quid to fill the car up
this week - roughly 20% more than it did 2 years ago! and
a **** site more than it would have done in the 1980's?

--
Rob_P
UKRM(at)indqualtec.co.uk
uppercase(d) BBIWYMC#1 BOG#11? MRO#31 IBCDBBB#1(kotl)
FJ1200, CCM130 Benelli Cabriolet (gone)
Looks like Rab C Nesbit.

 

Because the oil price is a small part of the pump price.

A barrel of oil is $110, or £67.
A barrel of oil contains 42 US gallons, or 160 litres. That means that
the cost of the oil - assuming equality (1) throughout the barrel - is
42p/litre.

You pay the nice man at Shell £1.30/litre.
Less the VAT = £1.08/litre.
Less the fuel duty = £0.49/litre.
From that 49p, the retailer's got to get his cut. The fuel's got to be
delivered to the retailer. The oil's got to be refined. The oil's got to
be extracted from the ground, and delivered to the refinery. The
marketing budget's got to be paid. Oh, yes, and then there's the oil...

(1) - Oooh! A footnote! Don't see many of them round here these days. (2)
(2) - Not a good assumption. http://www.txoga.org/articles/308/1/WHAT-A-
BARREL-OF-CRUDE-OIL-MAKES

 

Simple.

Yearly increases of fuel duty (Fuel duty was 45% in 1980, and is 62%
now)then the addition of VAT on top of that figure, now an additional
20%.

So 82% of the pump price is tax.

 

What point is it that you're trying to make here?

Is it the normal chip on a shoulder bollocks you tend to spout?

 

Just look at it as a fuckwit tax & you'll be ok...

 

**** knows, but mount rushmore's got **** all compared the Rope....

 

Which just goes to show how stupid people are.

Because you fill your car with petrol or diesel, not crude oil.
They're not the same thing you know.

 

That's a very good point y'know. Oil production has SFA to with petrol
costs. The costs of transport and refining do.

In a similar vein I throw soft toys at the TV when I hear some fuckwit
complaining that company XYZ, British Gas, BP or whoever have made £XM
profit, the inference being they made too much profit. You can't evaluate
profit as an unrelated number. What is it as a ratio to Capital Invested, to
Shareholder Equity, you utter fucking numbskulls. Population crisis? Huh I
can sort that in an afternoon....

 

Shit. I find myself agreeing with you.

Well except I don't tend to throw things, just shout a bit and froth
gently at the mouth.

 

But a small soft monkey is so useful.........

Voda would be one of the cases in point.
I'll add another. "Green's wife takes her dividends to Monaco and they
escape paying tax". No you utter fuckwits, dividends are paid out of TAXED
company profits.

Shame the media is so utterly feckless otherwise they would call these fools
what they are, Marxists, and we could consign them to the same cupboard as
the rest of the commies and blackshirts.

 

HMG seems to think that you pay tax on dividends:

http://www.direct.gov.uk/en/MoneyTaxAndBenefits/Taxes/TaxOnSavingsAndInvestments/DG_4016453

so Mrs Green is escaping tax by taking her dividends to Monaco.

 

You little rascal. That's Double Taxation you refer to. Which British
residents have to suffer. Sadly.
She isn't so why on earth would she pay UK personal taxes.

My point is, of course, as you very well know, that hard earned money has
already been taxed at 28% (quite sufficient)

If you want to raise money look at inherited wealth, more than 2 generation,
which is invested but not directly deployed(1). Now I wouldn't mind if you
and your commie mates sequestrated everything over (say) a mill per head to
clear the national debt and set up a nice little UK PLC fund.

That would settle a few hundred years on inequality and level society down
appropriately while not penalising unfairly anyone who works hard,
contributes and creates employment/wealth.

(1) As in companies where the owners take an active role.

 

So everything you earn, you're taxed on.
Everything you spend, you're taxed on.
Everything you invest (and get some return on) you're taxed on.
And then, if you manage to die ahead of the game and leave
something...
.... those who inherit... are taxed.

I think there's enough taxation.

 

This is the case for just about every society on the planet.

The burning question is just how much is enough. A line gets drawn, seems
to me the only argument is where to draw the line.

 

British companies don't.

Has it?

 

In some countries -- everything you own, you're taxed on.

--
Ivan Reid, School of Engineering & Design, _____________ CMS Collaboration,
Brunel University. Ivan.Reid@[brunel.ac.uk|cern.ch] Room 40-1-B12, CERN
GSX600F, RG250WD "You Porsche. Me pass!" DoD #484 JKLO#003, 005
WP7# 3000 LC Unit #2368 (tinlc) UKMC#00009 BOTAFOT#16 UKRMMA#7 (Hon)
KotPT -- "for stupidity above and beyond the call of duty".

 

Hog spoke:

*Who* worked hard to earn the money?


--
Rob_P
UKRM(at)indqualtec.co.uk
uppercase(d) BBIWYMC#1 BOG#11? MRO#31 IBCDBBB#1(kotl)
FJ1200, CCM130 Benelli Cabriolet (gone)
Looks like Rab C Nesbit.

 

Most of inherited wealth is the great evil. It just happens to be quite a
difficult issue to grapple with.

 

You own shares in a UK company. It pays Corp tax on profits, the net
remainder can be distributed as dividend. Then HMR&C then want to tax it
again at ~17%.

If it is in the UK to be paid to UK shareholders as dividends then yes I
expect it has.

 

First, it will probably not have paid much tax on profits. Secondly,
the point is not whether tax has been paid on the money, but whether
people or companies have paid tax on their income.

No, it hasn't.

They were highlighting Barclays' admission that it paid just £113m
in UK corporation tax in 2009 \u2013 a year when it rang up a record
£11.6bn in profits.

http://www.guardian.co.uk/uk/2011/feb/19/barclays-protests-uk-uncut-corporate-tax-avoidance

The standard rate of corporation tax on profits generated in the UK
is 28 per cent. Barclays said last night that much of its profit was
generated abroad and not subject to UK taxation. The bank's annual
report shows that about half its 2009 profit was generated in the
UK, suggesting it has paid corporation tax in this country at a rate
of 4.5 per cent.

http://www.independent.co.uk/news/b...-113m-tax-as-bonus-pool-was-15bn-2219279.html