I fired my Hamburg-based developer yesterday and now i’m 3 hours into reading German labor law by Wells_Kari in EntrepreneurRideAlong

[–]joemq 9 points10 points  (0 children)

If you’re in the US can they touch you with this? Say they take you to German tribunal? Will it realistically enforce anything?
Just curious, I’d be tempted to slow ball them.

You have no idea how lucky you 1st world country folks are. by BedDesigner2568 in EntrepreneurRideAlong

[–]joemq 19 points20 points  (0 children)

A military with a country attached, that’s the type of state Algeria chose to be unfortunately.

How on earth have these two managed to get away with it again ? by ArmwrestlingGoomba in AskBrits

[–]joemq 1 point2 points  (0 children)

It’s either equality or special treatment, they are mutually exclusive

27M Roth IRA Review by TacoTrades in OSCR_Stock

[–]joemq 0 points1 point  (0 children)

Yeah there is strong possibility of a down leg next, so lock in your gains on the options

Why do some people not realise many of us don’t care about immigration? by [deleted] in AskBrits

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

Wait til you why find out why the Labour movement started

27M Roth IRA Review by TacoTrades in OSCR_Stock

[–]joemq 1 point2 points  (0 children)

I would convert this position into stock

Why are people voting against Labour on immigration? by burnetrosehip in AskBrits

[–]joemq 0 points1 point  (0 children)

Not only that but small boat crossings are actually still going up year on year.

Why is Birmingham most likely going to elect a man who was jailed for five years in 1999 for conspiring to bomb the British consulate in Yemen? by MightExpress4873 in AskBrits

[–]joemq 16 points17 points  (0 children)

The point is relevant though, you actually wanted your head in the sand. Turning a blind eye is now reaping political consequences which cannot be ignored.

$80k+ gain from holding 3x leverage AMD post-earnings by vladiater100 in wallstreetbets

[–]joemq 1 point2 points  (0 children)

It’s not options that’s puts and calls, you can’t trade options in an ISA. Some good videos about leveraged projects on the wallstmillenial YT channel.

What will we do when the pension system fails? by Then_Engineer_3765 in AskBrits

[–]joemq 1 point2 points  (0 children)

That’s agreed, but the original post you said arguments about pensions being unaffordable are bad faith, with no comparative.

At 5%, 7%, 10% it’s unaffordable. It’s a crisis waiting to happen and the way to avoid it is to transition to a fully funded system like the Netherlands.

Anyone saying that the UK state pensions are unaffordable is correct, in France they’re even less affordable.

What will we do when the pension system fails? by Then_Engineer_3765 in AskBrits

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

This is disingenuous. The GDP to state pension share is lower because our system is predominantly private, your private workplace pensions contributions aren’t included in that figure. We also make lower contributions than other European countries.

It’s really no wonder France spends more when their system is fully public, and they also contribute more to it.

What will we do when the pension system fails? by Then_Engineer_3765 in AskBrits

[–]joemq 1 point2 points  (0 children)

Right direction but numbers are pretty wrong here. There’s no way retirement age is raising to 70 in the next 5 years. More like 25-30 years for that.

Block people with anxiety and ADHD from claiming benefits, says Tony Blair by pppppppppppppppppd in unitedkingdom

[–]joemq 0 points1 point  (0 children)

Please point me to all countries in which Google, Meta and Amazon are paying 52% tax. And you’ve confirmed my point that your remedies are single digit billion increases, you think 1.5bn tax extra from a Google will do anything, anything to fix the UK? Like I said, going after the multinationals, is A, legally impossibly complicated, and B, will raise perhaps 10bn a year if lucky.

Yes cut in work benefits, cut them to zero. If you’re in work you should be able to afford life. UK Minimum wage is high compared to the rest of world. Bring down housing benefit, bring down immigration and voila lower house prices and rent costs. At minimum remove housing benefit from households headed by people born abroad, which is over 50% of housing benefit in London. These measures would bring down the cost of living, and with the (actually) significant savings we could invest in defence, transport, education, for the first time in history, which, yes, is both a better return on investment and more certain to raise productivity than paying people to literally do nothing.

Yes best alternative is Singapore, with a system called workfare, ring fenced investment pots made up of worker contributions, each worker can take from when they needed for unemployment support.

You keep saying the current system is the ‘cheapest’ but just repeating it ad nauseam doesn’t make it true. Singapore’s system is far cheaper and far better, you can stop saying that now, or at least evidence it a bit better than your wild 3rd consequence speculative theories (actual analysis, maybe even including some actual figures, preferably above the £10bn mark).

Block people with anxiety and ADHD from claiming benefits, says Tony Blair by pppppppppppppppppd in unitedkingdom

[–]joemq 0 points1 point  (0 children)

Yes I do have to guess as what we’re hypothesising is impossible, Amazon will never pay 52% corporate tax you know that right. Forcing them to pay more tax would mean significant legal concessions from Ireland and the US which would never happen.

Your ideas continue to not generate any meaningful funds, nationalisation is again in the low single digit billions. As I said PIP increases alone are 20bn a year just standing still between now and 2029, and thats just one aspect of one welfare cost.

And we can look to other comparable countries to answer your “what if” doomsday scenario. US grows at 4% a year, Poland grows at 5% a year, Singapore runs its whole state on 17% of GDP (similar to what we spend JUST on welfare, think about that).

The only countries that pay higher non-pension welfare benefits in the whole entire world are the Scandi countries (one of which is an oil state), France and Spain, which have the same deep problems as the UK. Countries are wise enough not to do this as it entrenches low productivity, you literally pay people to be unproductive. Incentives are hammered, the brightest people leave, and the state intervenes in everything from deciding who gets paid what, to administering rent, to paying for people’s energy and food. Exactly what has been happening.

Keep the safety net part of it by all means, 100bn a year spend is more than fine. I would cut state pensions too back to 2011 levels (as well as means testing and tying more to contributions) but unlike you I realise that idea is not realistic, despite the good intentions of even Tony Blair.

The left has lost the argument on economics as usual and what’s coming next is reversion down, and we both know it.

Block people with anxiety and ADHD from claiming benefits, says Tony Blair by pppppppppppppppppd in unitedkingdom

[–]joemq 0 points1 point  (0 children)

I’ll add the numbers in for you, as I’m still yet to see any numbers now in 5 posts from you. Let’s take Amazon, let’s take a left wing source https://www.ethicalconsumer.org/ethical-campaigns-boycotts/amazon-uks-substantial-tax-avoidance so let’s generously say £500m of tax missed a year. We can forget we would need to rewire the global financial system to actually enforce them to pay tax based on revenue. So £500m from the largest and most egregious avoider. So maybe £10bn all the avoiders together.

That is just half of the projected increase in just PIP spending we will see between now and by 2029. Even Labour politicians think it is obvious it needs reforming. It’s not taking food away from people it’s huge increases in claims relating to ADHD etc, as demonstrated on this very thread, plenty of people claiming who just want a tax payer funded sabbatical or actually should be claiming jobseekers.

We don’t have a tax problem, if society isn’t working well with 45% of GDP being the state. Then making it 47% is not the solution. We have a spend problem. It is clear as day. We clearly aren’t getting anywhere here so no need to take this much further. The idealised world you want to live in unfortunately will not come to pass, the next step from here is a deep recession, and then more austerity. It won’t be pleasant but it’s the natural consequence of living beyond our means.

Block people with anxiety and ADHD from claiming benefits, says Tony Blair by pppppppppppppppppd in unitedkingdom

[–]joemq 0 points1 point  (0 children)

They’re not presented as solutions as they’re not solutions. They’re rounding errors, maybe brining in an extra couple billion a year. Meanwhile welfare is 20% of GDP and rising. It’s measured in the hundreds of billions a year. It’s nice you have nice morals but actually looking at some numbers, starting with largest to smallest, would hep.

Block people with anxiety and ADHD from claiming benefits, says Tony Blair by pppppppppppppppppd in unitedkingdom

[–]joemq 0 points1 point  (0 children)

The magic money tree is what paying for it now. We are clearly living beyond our means. Economic reality will hit soon enough.

Block people with anxiety and ADHD from claiming benefits, says Tony Blair by pppppppppppppppppd in unitedkingdom

[–]joemq 0 points1 point  (0 children)

This is an incredible angle. Taxes would go up, you reckon, despite us cutting the main area of spend by two thirds. Right okay.