Reply With QuoteFeck the bling.Originally Posted by Gluteus Maximus wrote on Sun, 18 January 2015 16:43
Can somebody please explain what is the point in owning a million pound watch? It's hardly going to be more accurate is it
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Not seen them yet - but the problem you have to a certain degree is - tax super rich companies etc - what happens to their share price and the dividends they give to their shareholders.
Their shareholders are usually pension companies (which will effect your pension) - or they are investment companies that pension companies have invested in.
So you get rid of one problem and create another one.
If austerity was all just BS and there was a secret way in which we could get out of it - there would be a political party advocating it. The only party advocating spending more is the Green party as far as I know.
Feck the bling.Can somebody please explain what is the point in owning a million pound watch? It's hardly going to be more accurate is it
Sadly, I can't see it happening.
The harsh reality of the fact is that there is a debt and a deficit - you cant ignore it.
Well you can I suppose - but you know what happens after that - Greece. That is where we would have been if it wasnt for the UK Govt having a valid plan that the international money markets approved of.
It is this country as a whole that has to pay for it - your choices are pay more tax or face cuts in public services - all main parties have opted for a balance of both.
Raising the rate to 50% and the tax take goes down - as people tend to then try and hide it, leaving at 40 42% and the tax take goes up.
What any UK Govt needs to do though is introduce a tax rule that stops Vodaphone, Amazon, Nestle, Microsoft, Oracle,Google,Apple etc not paying any tax in the UK even though they sell their goods, services and advertising here.
You wont be able to do that though unless you come out of the EU - as EU tax law currently states for example Companies can setup anywhere in the EU and pay tax at that countries rate - hence the Irish Republic is home to lots of companies with 5 people working there.
No easy answers
"I think a lower flat rate with severe penalties for avoidance/evasion is a much fairer and sensible way to balance the country's books." Germany as such a setup I believe - hence Steffi Graf and Borris Becker got into trouble a few years back
Wanna buy a watch mate? If you ever need a watch, I'm your manCan somebody please explain what is the point in owning a million pound watch? It's hardly going to be more accurate is itWhy spend £100 on jeans when you can buy other ones for £10. If you can afford it, what's the problem?The £100 jeans may perform better than the £10 jeans due to materials and manufacturing, but there is a law of diminishing returns. I wouldn't spend £500,000 on a pair of jeans though
Well done, you've just answered your own question.
I said there is a law of diminishing returns. At some point there is no benefit in spending moreThat doesn't really apply. If you buy a watch for a million quid now, it'll most likely be worth more than a million in ten years time. The jeans will never ever be worth more than when you initially buy them.
Keep your Casio mate, it's as good as the million quid one in your eyes.Can somebody please explain what is the point in owning a million pound watch? It's hardly going to be more accurate is itWhy spend £100 on jeans when you can buy other ones for £10. If you can afford it, what's the problem?The £100 jeans may perform better than the £10 jeans due to materials and manufacturing, but there is a law of diminishing returns. I wouldn't spend £500,000 on a pair of jeans thoughWell done, you've just answered your own question.I said there is a law of diminishing returns. At some point there is no benefit in spending moreThat doesn't really apply. If you buy a watch for a million quid now, it'll most likely be worth more than a million in ten years time. The jeans will never ever be worth more than when you initially buy them.Wanna buy a watch mate? If you ever need a watch, I'm your man
Can somebody please explain what is the point in owning a million pound watch? It's hardly going to be more accurate is itWhy spend £100 on jeans when you can buy other ones for £10. If you can afford it, what's the problem?The £100 jeans may perform better than the £10 jeans due to materials and manufacturing, but there is a law of diminishing returns. I wouldn't spend £500,000 on a pair of jeans thoughWell done, you've just answered your own question.I said there is a law of diminishing returns. At some point there is no benefit in spending moreThat doesn't really apply. If you buy a watch for a million quid now, it'll most likely be worth more than a million in ten years time. The jeans will never ever be worth more than when you initially buy them.Wanna buy a watch mate? If you ever need a watch, I'm your manKeep your Casio mate, it's as good as the million quid one in your eyes.Thinly veiled, 'if I had a mil spare .. I would ' post?
^^^^^^^^^^^^^All costs are ultimately people costs. So 1m spent on a watch will end up being 1m going to the people who made the watch including all of those in the supply chain.That 1m will then be spent by those in the economy. It depends on whether you think those workers could be better spent doing something that is beneficial to the majority rather than the minority. Given the few number of workers and their speciality, I would guess that the be befit of their work to the general population would be minimalso you do get what i was saying after all
Although for some of the people on the programme, their rexcitment over some of these purchases made me genuinely question their sanity and their connection with reality.Can somebody please explain what is the point in owning a million pound watch? It's hardly going to be more accurate is it
Although defeats the object when I use my phone to check the time all the time instead.Can somebody please explain what is the point in owning a million pound watch? It's hardly going to be more accurate is itWhy spend £100 on jeans when you can buy other ones for £10. If you can afford it, what's the problem?The £100 jeans may perform better than the £10 jeans due to materials and manufacturing, but there is a law of diminishing returns. I wouldn't spend £500,000 on a pair of jeans thoughWell done, you've just answered your own question.I said there is a law of diminishing returns. At some point there is no benefit in spending moreThat doesn't really apply. If you buy a watch for a million quid now, it'll most likely be worth more than a million in ten years time. The jeans will never ever be worth more than when you initially buy them.Wanna buy a watch mate? If you ever need a watch, I'm your manKeep your Casio mate, it's as good as the million quid one in your eyes.
Can't you all tell the time by just looking at the sun and your compass?
Is it an eye phone?Can somebody please explain what is the point in owning a million pound watch? It's hardly going to be more accurate is itWhy spend £100 on jeans when you can buy other ones for £10. If you can afford it, what's the problem?The £100 jeans may perform better than the £10 jeans due to materials and manufacturing, but there is a law of diminishing returns. I wouldn't spend £500,000 on a pair of jeans thoughWell done, you've just answered your own question.I said there is a law of diminishing returns. At some point there is no benefit in spending moreThat doesn't really apply. If you buy a watch for a million quid now, it'll most likely be worth more than a million in ten years time. The jeans will never ever be worth more than when you initially buy them.Wanna buy a watch mate? If you ever need a watch, I'm your manKeep your Casio mate, it's as good as the million quid one in your eyes.
Sometimes I check my watch and forget to look at the time.
I've travelled the world a bit, and some of the most happiest and empathic people I have ever met had absolutely nothing besides modest shelter and a solid community environment. It's quite a contrast to the soulless species you see roaming about our continent. We have strayed so far from the origins of mankind.Can somebody please explain what is the point in owning a million pound watch? It's hardly going to be more accurate is it
Spot on there.Can somebody please explain what is the point in owning a million pound watch? It's hardly going to be more accurate is itOne of the watches on the programme even had a different method of telling the time to your bog standard clock. it had the 12 hours on the left then the sixty minutes on the right
Another area that should be looked at is the UK's military spend. Britain has a population a third of the size of Brazil yet we spend twice as much as they do on defence. Likewise, we have a similar size population to Turkey (a country situated in a very dangerous place strategically) but we spent 3 times as much on our military. The UK spends almost £40bn on its military every year. It's nuts but says everything about the priorities of those in power.
They still think they have an empire, somebody should tell them the bad news.The harsh reality of the fact is that there is a debt and a deficit - you cant ignore it.
Ditto using your watch to find north
Thinly veiled 'I've been to barry' post imhoCan somebody please explain what is the point in owning a million pound watch? It's hardly going to be more accurate is itOne of the watches on the programme even had a different method of telling the time to your bog standard clock. it had the 12 hours on the left then the sixty minutes on the right
Haven't got a ****ing clue what the time is now mind.Can't you all tell the time by just looking at the sun and your compass?
Naturally, considering the undesirables you find in neighbouring Penarth
Alfie , I think the reason why UK military spend is so large is because we were the founding and current members of the Un security council so we are expected along with the other members to get involved when 'events' happen.
http://www.theguardian.com/business/2015/jan/19/global-wealt h-oxfam-inequality-davos-economic-summit-switzerland
And would that money have been better spent on providing a world class health service?
I fear the insurection that is coming.Some nutter with nothing to lose will light the touch paper.And just like in the past there will be a lot less rich people around when its over.It suits the very rich Cameron and his very rich cabinet'to have poor people scrabble around in desperation for low pay jobs.Its the Tory way.
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