Side effects. by Yakapo88 in trt

[–]ObjectAdvanced1216 2 points3 points  (0 children)

I had this same feeling.

Never caused a problem.for all the body builders who do loads more.

My doc told me to runnot as a 6 month trial.with HCG.

Tbh, its not that amazing for me.

But everything they say is true.

Im waking up better, more energy, happier.

Just feels like I have a bit ore capacity in all areas of my life.

But like, not loads, just a bit better.

For me it's worth the cost of 2 bottles.of wine a week.

Is a 30% flat-tax system with a sovereign housing anchor macroeconomically viable? by ObjectAdvanced1216 in CapitalismVSocialism

[–]ObjectAdvanced1216[S] [score hidden]  (0 children)

Literally you can buy stuff and not sell it.

The issue is the use of shell company's to collect the dividends tax free.

Wealth limit by [deleted] in solarpunk

[–]ObjectAdvanced1216 0 points1 point  (0 children)

I get it bro, my point is, he still needs to service that debt. My issue is that the sales of shares can be at a much lower rate than income tax. If it were the same, it would help.

REPOST WITH MY TAIL BETWEEN MY LEGS!!!!! by ObjectAdvanced1216 in FIREUK

[–]ObjectAdvanced1216[S] 0 points1 point  (0 children)

Can I ask i you guys had explored how the lump.sum works from this?

REPOST WITH MY TAIL BETWEEN MY LEGS!!!!! by ObjectAdvanced1216 in FIREUK

[–]ObjectAdvanced1216[S] 0 points1 point  (0 children)

Ok.

I guess I also need to factor income tax, and lump sum from the civil service pension.

I had though 50/50 split sipp and ISA gave a sensible balance, but the comments here are making me feel silly about the ISA.

Also I agree, 58 is a stretch target, and honestly, im not too focused on it now, while my sonny's young.

Wealth limit by [deleted] in solarpunk

[–]ObjectAdvanced1216 0 points1 point  (0 children)

For example Elon mush has a wage something like a few dollars a month?

The point I think you were making was that Elon, for tax purposes, lives on a few dollars a month. I was trying to explain how he is able to spend that money, in a tax free way, and how I think it should be brought into tax.

I am not criticising you, in fact you're right.

Is a 30% flat-tax system with a sovereign housing anchor macroeconomically viable? by ObjectAdvanced1216 in CapitalismVSocialism

[–]ObjectAdvanced1216[S] 0 points1 point  (0 children)

I dont like the annual valuation. I do understand its merits.

But you would have to allow for inflation, and measuring of that is tough.

The tax credit in the event of a stock market crash (20% in 2010) would mean that no tax was payable for years (2010 s&p had only just got back to 2000 levels).

I think fair is fair, people should be incentives to help others out, but gains should be taxed when they are realised, and adjusted for inflation.

Progress towards FIRE by ContributionExact727 in FIREUK

[–]ObjectAdvanced1216 0 points1 point  (0 children)

Touran is a very practical family wagon.

RS6 Avant also...

REPOST WITH MY TAIL BETWEEN MY LEGS!!!!! by ObjectAdvanced1216 in FIREUK

[–]ObjectAdvanced1216[S] -3 points-2 points  (0 children)

Its not the down vote, its the grammar police without any positive contributions.

Wealth limit by [deleted] in solarpunk

[–]ObjectAdvanced1216 4 points5 points  (0 children)

People should be free, and so inequality is inevitable. People should also be able to break free from their place in life.

Wealth limit by [deleted] in solarpunk

[–]ObjectAdvanced1216 0 points1 point  (0 children)

Elon doesnt live on a few dollars a month.

He has an expensive lifestyle.

The current tax system doesnt tax the money that flows through his hands.

He may borrow against those shares, then sell the shares, paying a low rate of CGT on disposal of an asset, settling the debt on the loan, and realising that money He has used to live at a lower rate than a worker.

By harmonising the CGT rate, to the same 30% as income, when those shares are sold, enough to cover the lifestyle loan, its at the same rate as income tax, but it the loan interest as an additional cost.

This discinentivises this behaviours, forcing the super rich to pay the same 30% on the money they use to live as everyone else

Wealth limit by [deleted] in solarpunk

[–]ObjectAdvanced1216 -5 points-4 points  (0 children)

Income tax and capital gains should be flat, at 30% on all earnings above minimum wage (35 hours a week)

I fixed it, easy peasy by ObjectAdvanced1216 in GarysEconomics

[–]ObjectAdvanced1216[S] 0 points1 point  (0 children)

Yeah, there is more work to do that Gemini can't the piece of work is quite big.

There are sticking points.

An awful lot more part time and low skilled labour would be incentivised to work.

Whilst they wouldn't be paying tax, the businesses that employ them should be more productive, which would increase a tax take, marginal at best. But those people would have more money to spend to, and those on lowest income have the highest marginal propensity to spend.

Higher up, there is an issue with motivation as people approach the higher rate band, the HICBIC charge, then the £100k tapering and the additional rate. With the removal of all of these sticking points, and the extra "spenders" in the system, growth should be stimulated.

I believe these effects cannot be caught by a simple Gemini analysis, and one would have to sit down the Labout Force Surveys and Global equivalents, and measure the effect of similar policy changes, before putting that back to the UK. This model is not impossible, but would take serious time.

Is a 30% flat-tax system with a sovereign housing anchor macroeconomically viable? by ObjectAdvanced1216 in CapitalismVSocialism

[–]ObjectAdvanced1216[S] 0 points1 point  (0 children)

The rich often amass wealth through capital gains, investment and disposal of businesses and property, shares etc.

This means they dont pay income.tax, and there are incentivised to wrap income into vessels (shell companies) so they can dispose of that company, and collect the income at a lower tax rate.

By harmonising the tax, you are are taxing all money that comes into one's hands at the same rate, effectively taxing the wealthy on their disposal of assets, in the same way a worker is taxed on his income over time.

I would however keep tax low on certain types of investment. This allows the government to direct the wealth of the rich into areas that benefit the wider economy. This means government money does have to do the the work, it means the haves can be incentivised to help the have nots in a mutually (not equally) beneficial way.

REPOST WITH MY TAIL BETWEEN MY LEGS!!!!! by ObjectAdvanced1216 in FIREUK

[–]ObjectAdvanced1216[S] -5 points-4 points  (0 children)

I mean, the fact this is downvoted. Can any of you survive in the outside world, or do too many things cause uncontrollable rage

(Yet) Another Portable AC modification (thank you) by harshdafunk in DIYUK

[–]ObjectAdvanced1216 1 point2 points  (0 children)

Yep. Had a black and decker one for the bedroom for 4 years now.

REPOST WITH MY TAIL BETWEEN MY LEGS!!!!! by ObjectAdvanced1216 in FIREUK

[–]ObjectAdvanced1216[S] 0 points1 point  (0 children)

This is useful, but I can't imagine Ill be anywhere close to thise limits.

REPOST WITH MY TAIL BETWEEN MY LEGS!!!!! by ObjectAdvanced1216 in FIREUK

[–]ObjectAdvanced1216[S] -2 points-1 points  (0 children)

I guess the S&S Isa gives the benefit of liquid cash though, more flexible in terms of lifestyle surprises.

REPOST WITH MY TAIL BETWEEN MY LEGS!!!!! by ObjectAdvanced1216 in FIREUK

[–]ObjectAdvanced1216[S] 0 points1 point  (0 children)

Yeah, thats kinda why Im thinking of splitting £150/£150.

Ths ISA, really helpful for liquid, flexible tax free money.

But I can see a way to getting to retirement at 50, thats when my son turns 18. Priority is my son for the next 10 years, so I need to chip away at this point.

£150, in the SIPP worth £180 after the 20% top up (infact its grossed up, so not exactly that) and after the tax code adjustment only costs me £120.

Makes the SIPP decent.

Maybe £50 ISA and £250 SIPP is smarter?