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Every tax payer to get £1000 worth of shares

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Old 23 June 2011, 01:41 PM
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classic Subaru Si
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Default Every tax payer to get £1000 worth of shares

http://uk.finance.yahoo.com/news/Giv...975800321.html
Old 23 June 2011, 01:49 PM
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ReallyReallyGoodMeat
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I wont hold my breath!
Old 23 June 2011, 01:52 PM
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classic Subaru Si
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me neither mate, we can all but dream though...
Old 23 June 2011, 01:57 PM
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I'll take the cold hard cash option thanks

Richard
Old 23 June 2011, 02:15 PM
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Fat Boy
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And the cost of administering/delivering this bit of voter pleasing nonsense will be .... more than a £1000 each probably ( which tax payers will pick up indirectly) and that's before I then have to give some broker a fee to sell the shares to help keep him in champagne.

Just make some money flogging the combined shareholding then take it off my tax bill please - you'd be more likely to get my vote.
Old 23 June 2011, 02:23 PM
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Typical Liberal pie in the sky ideas.

Nice in principle, crap in reality. Bit like socialism!!
Old 23 June 2011, 02:34 PM
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PaulC72
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If this is the one i read a while ago we the public only make money on the increase in value the initial sum goes back to them
Old 23 June 2011, 02:41 PM
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Chip
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So when you say taxpayer does that mean that all of those who do not pay taxes ie dole, disabilty, invalidity etc will not get it. If so then good!

Chip
Old 23 June 2011, 02:42 PM
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classic Subaru Si
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Originally Posted by Chip
So when you say taxpayer does that mean that all of those who do not pay taxes ie dole, disabilty, invalidity etc will not get it. If so then good!

Chip
yep - oh yeah, and the Welsh
Old 23 June 2011, 02:43 PM
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Originally Posted by Chip
So when you say taxpayer does that mean that all of those who do not pay taxes ie dole, disabilty, invalidity etc will not get it. If so then good!

Chip
Can imagine that happening, Labours prime supporters would all be on Jeremy Kyle complaining.

But totally agree, as its those who pay income tax etc that has paid for the banks.
Old 23 June 2011, 02:52 PM
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jonc
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Originally Posted by Chip
So when you say taxpayer does that mean that all of those who do not pay taxes ie dole, disabilty, invalidity etc will not get it. If so then good!

Chip
Mr Clegg said "The electoral register provided a perfect “database” for the share distribution to happen."

So that's everyone
Old 23 June 2011, 07:48 PM
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tony de wonderful
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Originally Posted by Fat Boy
And the cost of administering/delivering this bit of voter pleasing nonsense will be .... more than a £1000 each probably ( which tax payers will pick up indirectly) and that's before I then have to give some broker a fee to sell the shares to help keep him in champagne.

Just make some money flogging the combined shareholding then take it off my tax bill please - you'd be more likely to get my vote.
Exactly, it would be an immense pain to administer, not just allocating the shares but the way any revenue from the sales of shares is routed back to the Gov - they said if you sell them you only get 'the profit', which means the Gov is entitled to any money below a certain sales prices.

Not to mention that many of the population have never bought and sold shares in their life.

It's just indicative of what a joke the Lib-dims are becoming, this is just vacuous, populist, 'sound bite' politics.

BTW is Nick Clegg pregnant? Have you seen his expanding gut these days?
Old 23 June 2011, 08:54 PM
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I don't get all this "it was taxpayers money" business..... er, no it wasn't, it was the governments money, it ceased being the taxpayers money when the paid it.

The government needs to keep its investment until it can return a healthy profit.

This is all nonsense by Clegg, who is a poor excuse for a deputy pm
Old 23 June 2011, 09:07 PM
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TBH, I'd rather the Government sold them themselves, paid of the national debt, then used any surplus to lower taxes.

Remember, Cleggs plan is to give every adult on the Electoral register free shares. This means every dole cheat, and job shy **** in Britain will get free cash. Every Asylum seeker granted access then made a British citizen will be given a windfall. Neither pay any Tax, yet will be rewarded for the Tax payer bailing out the banks. That can't be right.

Another brilliant idea by Sir Clegg of Dumbs-ville.

Last edited by stilover; 23 June 2011 at 09:18 PM.
Old 23 June 2011, 09:15 PM
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This bit probably kills it off

"once the Treasury has recouped taxpayers’ money used for the bail-out an offer that could eventually be worth up to £1,000 to householders".

Eventually worth £1k?!!!

TX.
Old 24 June 2011, 01:49 PM
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mamoon2
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They only get the remaining balance after the government has re-cuped their cost. So government makes no profit and has a big administration cost
Old 25 June 2011, 11:49 AM
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Leslie
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Will we get taxed on it?

Les
Old 25 June 2011, 07:06 PM
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It'll never happen, ever!
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