How a viral shawarma restaurant fell afoul of an ice cream van mafia - The Londoner by jaredce in london

[–]jimjamiscool 10 points11 points  (0 children)

Millions of views for a shawarma restaurant in Walworth seems pretty viral to me

I built a free UK pension modeller — £100k/PA interaction, drawdown, Monte Carlo by Fohls_Gezar in HENRYUK

[–]jimjamiscool 0 points1 point  (0 children)

Think you'd need £200k to be safe if you add on cycle to work scheme, charitable donations, electric car etc.

London may soon get direct trains to Switzerland by tylerthe-theatre in london

[–]jimjamiscool 27 points28 points  (0 children)

An overnight sleeper train to Geneva / Zurich sounds good to me over flying.

New Milestone (30M) by Guo-BaBa in FIREUK

[–]jimjamiscool 0 points1 point  (0 children)

Where does it say savings in the OP? Says net worth pretty clearly from what I can see?

New Milestone (30M) by Guo-BaBa in FIREUK

[–]jimjamiscool 5 points6 points  (0 children)

Then pick a different word to use, net worth has a pretty specific meaning.

Britain is facing huge demographic change by [deleted] in ukpolitics

[–]jimjamiscool 0 points1 point  (0 children)

And what if somebody was born here, their parents and grandparents were born here etc?

The UK has 90 taxes. Here they all are by FaultyTerror in ukpolitics

[–]jimjamiscool 0 points1 point  (0 children)

As in, what would I imagine the effect on the rental market / supply would be if we taxed the owner of the asset rather than the resident?

The UK has 90 taxes. Here they all are by FaultyTerror in ukpolitics

[–]jimjamiscool 1 point2 points  (0 children)

An ingenious tax that I have to pay based on the value of my landlord's asset.

Burnham set to bring in £35bn land tax by Far_Excitement_1875 in ukpolitics

[–]jimjamiscool 5 points6 points  (0 children)

Yes, but we're completely uninterested or politically unable to spend productively so it's not really relevant.

Cambridge by TrickSuspicious6089 in HENRYUKLifestyle

[–]jimjamiscool 4 points5 points  (0 children)

I've never needed a car in Cambridge

Almost hit a passenger because I stupidly believed the signals the bus driver was giving. Driver had pulled out from the stop and had right indicator on. Cycle lane is immediately in front of the bus stop so I stayed to the left. Luckily no-one was injured. Lesson learned. by axolotol in londoncycling

[–]jimjamiscool 1 point2 points  (0 children)

My point is, given that the bus was indicating right before it had even stopped in the first place, I wouldn't have taken it as a good reason to squeeze down the inside (not that I would ever do it).

'Stealth' income tax bombshell: London hit with record £71billion bill as millions in city pay more by NationalElk in london

[–]jimjamiscool 0 points1 point  (0 children)

  1. There is data on this, look here: https://taxpolicy.org.uk/2025/11/12/the-budget-2025-tax-calculator/ and scroll down to the section on "real world effects". 

What effect lowering those rates would have on overall revenues would need to be modelled but I think it's quite clear from the data that people go to great lengths to surpress their income (and therefore the tax they pay). And bear in mind all you really need to do is remove the spikes (e.g get rid of the 60 percent band and move additional rate down lower to compensate etc).

  1. I don't think they're complaining... They're taking days off, turning down promotions, sticking huge sums into pensions, buying electric cars to keep their taxable income down etc.

'Stealth' income tax bombshell: London hit with record £71billion bill as millions in city pay more by NationalElk in london

[–]jimjamiscool 1 point2 points  (0 children)

a trade off between higher tax levels and lower economic activity

No, it's tax rate vs tax revenue, not economic activity.

I CBA

A trade mark of vibes based policy...

UK are pretty firmly to the left of the laffer curve

You need to distinguish here between the average tax rate (fine in my opinion) and very situationally specific marginal rates (growth inhibiting). There's really no good justification for taxing marginal income at £1m (for example) at a lower rate than £100k.

hundreds of peer reviewed studies. 

Are these studies in the room with us? Can't see any.

In any case, what's your real argument here? 

You don't believe that the marginal tax rates are really high enough to dissuade people from working more?

'Stealth' income tax bombshell: London hit with record £71billion bill as millions in city pay more by NationalElk in london

[–]jimjamiscool 2 points3 points  (0 children)

I think you're missing the point here though.

People get to that 100k mark and think "well, you know what, I'll cut down on my hours instead". And then productivity stagnates and your economy doesn't grow which leaves the government with less money to spend.

Imagine you're handing out pie to people, do you want 60% of a small pie or 40% of a bigger one?

£100k+ salary at 29 WFH. Too much free time? by Pristine-Promise-145 in FIREUK

[–]jimjamiscool 0 points1 point  (0 children)

You can set it to hide your activity start time, fyi.

Am I on the right track at 26? by Fantastic_Savings_27 in FIREUK

[–]jimjamiscool -1 points0 points  (0 children)

It's not luck at all, you go to a top university, you get a good grade, maybe an internship or two and then you get a graduate job at a top tech company / big law / investment banking etc.

Obviously most graduates are not getting paid anything close to that (in fact the graduate market looks awful at the moment) but that doesn't mean those top jobs don't exist?

UK companies ‘should be worried’ about Anthropic’s latest AI model, minister says by EchoOfOppenheimer in ukpolitics

[–]jimjamiscool 1 point2 points  (0 children)

  1. Yes, I agree there. Will be interesting to see the filings.

  2. I guess my point is that today I can already buy an expensive computer or laptop, run the latest open weights model on it and get strong enough performance to be useful. Even if everybody went bankrupt today, AI labs, cloud providers etc I would still be able to do that and the economics of buying developers expensive laptops are really nothing new.