Bit of a crappy day for Bitcoin today. Hopefully the price holds $60,000 or I am going to be quite annoyed. With any luck this is a retest and we’ll bounce soon.
I’ve been looking at tax rules in different parts of the world today. The UK is a shit hole, new extreme left government, dropping hints about capital gains tax increases, wealth taxes etc. With the ever increasing invasion by third world immigrants, I’m not sure I want to bring up my daughter here any more. UAE citizenship via investment is looking more attractive every day.
Not finding much reason to post here these days in case I offend the Klu Klux Kamala Klan.
But I very much agree with this particular post.
If the astonishing amount of fiscal drag taxation in the UK, due to keeping the income tax bands fixed for around 7 years whilst we have seen massive inflation,
still isn't enough for the government to balance its books then any subsequent tax most certainly will not improve growth,
not whilst as you point out we are also importing third world invaders.
It makes a complete mockery of official immigration and the routes those law abiding citizens take and even if those invaders do get jobs, they are NEVER going
to contribute to the tax system since they will mostly earn underneath the income tax threshold.
It's a death spiral since anyone with serious resources who they want to take money from will just relocate.
Felt incredibly depressed at work today (I work from home).
Can hardly be arsed with this piss ant piece of crap government in power.
They have vilified anyone concerned about the ridiculous knife crime also and blatantly tried to scare people from voicing their opinion
or even having thoughts with the politicisation of the justice system.
This attitude they have is not going to motivate anybody doing a fucking thing in the UK, that's for sure.
Growth?! Don't make me laugh.