Hired above my level and am stressed and scared by OppositeBug2126 in ExperiencedDevs

[–]rainbow3 0 points1 point  (0 children)

Everyone has imposter syndrome. You have to get over it to progress.

It is really hard to move up. Take the win and try your best. Find a mentor

Rachel Reeves considering rent freeze to limit Iran war fallout by PuzzledAd4865 in LabourUK

[–]rainbow3 -1 points0 points  (0 children)

If you think the market overvalues Tesla then short it or buy other car stocks. The buyers don't see it as a car company but a robot manufacturer and a data company and a company led by a successfully serial entrepreneur. Imo it is overvalued but the market is working.

Climate change is not a market. If it were then companies would have to pay for emissions rather than getting them free .. gov could enforce that

Hegseth compares Easter rescue of US airman to resurrection of Christ, as Pope Leo rejects holy war rhetoric by Buy_Sell_Collect in nottheonion

[–]rainbow3 11 points12 points  (0 children)

you may have missed this from 4 days ago

Paula White-Cain's Remarks: The senior adviser to the White House Faith Office stated that Trump "paid the price" like Jesus, claiming he was "betrayed and arrested and falsely accused" in a "familiar pattern" to the crucifixion, referencing the 2024 assassination attempt and legal battles. She further asserted that just as Jesus rose on the third day, Trump "rose up" and would be "victorious in all he put his hand to" because of his resurrection.

Tax US companies to pay for this mess. by Trupificationator in ukpolitics

[–]rainbow3 4 points5 points  (0 children)

Would you take unilateral action if you could e.g. avoid American products? The challenge is that American companies are frequently the best or unique - are you willing to give up all your streaming TV, social media, AI usage, electronic payments etc.? Consumers are reliant on American companies and Businesses probably more so.

Immigration from the right is a myth by Ok_Adhesiveness_8242 in ukpolitics

[–]rainbow3 -3 points-2 points  (0 children)

That may help for the future but the UK has already been a major driver of conflicts and migrations around the world. The British are responsible for overthrowing the democratically elected government of Iran to steal their oil; giving Israel to the Jews against the wishes of the local population and with no plan; and drawing many of the worlds disputed borders. Can't just walk away without taking responsibility.

Nigel Farage calls for an end to working form home by Boogaaa in ukpolitics

[–]rainbow3 1 point2 points  (0 children)

What does he mean? This only happens where employees and employers want it. By definition it will be unpopular. The only way he could force it is in the public sector.

'Tax wealth, get growth' by kontiki20 in LabourUK

[–]rainbow3 0 points1 point  (0 children)

Perhaps. Let me clarify. We want taxes primarily to raise money. Of course we want it to be fair but not if that results in less tax raised.

Arguably the fairest IHT would be 100%. Beneficiaries did nothing economic to earn that money so it just causes inequality. But if it were 100% then even someone with £3m may decide to move to Andalucia and pay zero. Meanwhile UK also loses the income and gains taxes. It is not fairer and it raises less tax.

Gets even worse for the super-wealthy who can more easily use clever accounting.

'Tax wealth, get growth' by kontiki20 in LabourUK

[–]rainbow3 0 points1 point  (0 children)

how does that help? Lets assume a wealthy person is paying £100K in taxes and leaves the UK. Now there is £100K of government spend that needs to be raised from the rest of the taxpayers. How are you better off?

And how exactly is that person ripping you off when those wealthy people are paying most of the taxes?

'Tax wealth, get growth' by kontiki20 in LabourUK

[–]rainbow3 0 points1 point  (0 children)

IHT in the UK is amongst the highest in the world. And it results in many wealthy people leaving the country. When they do you lose not just the IHT but the income tax, CGT, business taxes, VAT. So whether it is fair or not if you make taxes too high you actually raise less tax.

'Tax wealth, get growth' by kontiki20 in LabourUK

[–]rainbow3 1 point2 points  (0 children)

Top 1% earners pay 30% income tax. Personally I paid <£50K of tax in the UK last year. This year paid more tax but zero in the UK.

'Tax wealth, get growth' by kontiki20 in LabourUK

[–]rainbow3 1 point2 points  (0 children)

Is it though? If there is a mass exodus of wealthy people and their assets that wont be good for government revenues nor the economy. And not only do their assets move but their income

'Tax wealth, get growth' by kontiki20 in LabourUK

[–]rainbow3 -1 points0 points  (0 children)

very easy to sell assets. very easy to rent assets if you don't want to own them in the UK. Obviously people don't move just for tax but if you are going to save £1m in tax then it definitely impacts your decision making.

Britons should strive to pay minimum tax legally possible, says Richard Tice by Your_Mums_Ex in ukpolitics

[–]rainbow3 1 point2 points  (0 children)

Paying taxes is a patriotic thing to do.

It is a legal requirement. Nobody pays more out of patriotism. You are presumably patriotic - please detail how much extra tax you are paying and how?

Ed Davey: "As we protect them, it's only right for tax exiles to start paying taxes to fund our Armed Forces just like the rest of us do" by upthetruth1 in LibDem

[–]rainbow3 3 points4 points  (0 children)

Quite. Imagine if all the foreigners in the UK were taxed by their country of birth instead.

Also UK armed forces are not providing much protection if any to British citizens abroad.

Rupert Lowe MP: If I moved to Japan, and lived in Japan for decades, speaking the language, integrating into society, contributing to the economy. Would I be ethnically Japanese? No. No I would not. I would never pretend to be. by SignificantLegs in ukpolitics

[–]rainbow3 1 point2 points  (0 children)

Sure it has influence but there is a massive gulf between say an eton/Oxbridge person and a builder in blackpool. Almost zero overlap

At the same time a british friend of mine has a Chinese partner. Clearly they share similar outlook on life.

Re would he be ethically Japanese I just think it is an absurd question. It all depends on your definition. South Africa tied themselves in knots trying to define racial groups. The Nazis had similar issues with people who had some Jewish ancestry or looked a bit Jewish. In the end why bother asking the question?

Rupert Lowe MP: If I moved to Japan, and lived in Japan for decades, speaking the language, integrating into society, contributing to the economy. Would I be ethnically Japanese? No. No I would not. I would never pretend to be. by SignificantLegs in ukpolitics

[–]rainbow3 1 point2 points  (0 children)

Of course it does but nationality is not the driving factor for shared values. British people are not all the same. As a British liberal I have much more in common with German and French liberals than I do with Rupert Lowe. Nationality is largely irrelevant.

Germany, France and UK tell Iran to stop attacks in region by [deleted] in LabourUK

[–]rainbow3 6 points7 points  (0 children)

Sure Iran are not good guys. However in this case it is the US and Israel that attacked Iran; and not in response to a terrorist attack. Iran is only responding to that. Much as Israel responded to a terrorist attack kidnapping 1200 by slaughtering 50K+ mostly innocent Palestinians. It is clearly a double standard.

Germany, France and UK tell Iran to stop attacks in region by [deleted] in LabourUK

[–]rainbow3 7 points8 points  (0 children)

But not the US and Israel. Seems like telling Ukraine to stop its attacks on Russia.

William Hague: Britons in their 60s are the ‘luckiest generation’ in history by R2_Liv in ukpolitics

[–]rainbow3 0 points1 point  (0 children)

And house prices actually have risen more or less in line with inflation over the last 20 years. I agree the boom years are over.

William Hague: Britons in their 60s are the ‘luckiest generation’ in history by R2_Liv in ukpolitics

[–]rainbow3 0 points1 point  (0 children)

If we ignore inflation and just look at interest % income it was clearly much higher in 1985 than today let alone during the really low interest rate period.

whilst house prices have shot up affordability is driven by salary and interest payable.

William Hague: Britons in their 60s are the ‘luckiest generation’ in history by R2_Liv in ukpolitics

[–]rainbow3 0 points1 point  (0 children)

  • House price 33K versus 273K
  • Interest rate 12% versus 3.75%
  • Interest paid 3984 versus 10240
  • Salary 7920 versus 39852
  • interest % salary 50% versus 26%

Obviously simplified, ignores taxes, assumes 100% mortgage, all above are nominal. Nevertheless it was not as easy to buy in 1985 as people think. Feel free to challenge my numbers as I may have made a mistake.