The IMF? Maybe, but I fear they will bow to eu and lose the corporate tax advantage we have. We're in deep shit but I really do fear for the generations to follow. Emigration will be the only avenue for the truly gifted and ambitious.
I think someone with balls, backbone and a gift for opportunism is needed. Dare I say someone like Michael O'Leary.
The corporate tax advantage is why we are in deep shit. The sooner it goes the better.
“I wish you wouldn’t keep appearing and vanishing so suddenly; you make one quite giddy!”
“All right,” said the Cat; and this time it vanished quite slowly, beginning with the end of the tail, and ending with the grin, which remained some time after the rest of it had gone.
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ummmm i think there might be a few more reasons mate...but thats a biggie alrightOriginally Posted by El Gordo
El Gordo (21-10-10)
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FUNK.
Funk will do it.
The funk of success.
The funk of desire.
The FUNK of despiration
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it has as much chance as anything else...slam dunk da funk ...id say
Iashaf (21-10-10)
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How do you recon El Gordo???
"It's far easier to fight for principles than to live up to them."
L
We have the largest public sector deficit in the EU because we have the lowest corporate taxes. If you don't collect taxes then either you can't spend money or you run a huge deficit.
“I wish you wouldn’t keep appearing and vanishing so suddenly; you make one quite giddy!”
“All right,” said the Cat; and this time it vanished quite slowly, beginning with the end of the tail, and ending with the grin, which remained some time after the rest of it had gone.
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Sorry, but this is not true........
"It's far easier to fight for principles than to live up to them."
L
Deficit is expenditure minus revenue. We aren't collecting revenue.
“I wish you wouldn’t keep appearing and vanishing so suddenly; you make one quite giddy!”
“All right,” said the Cat; and this time it vanished quite slowly, beginning with the end of the tail, and ending with the grin, which remained some time after the rest of it had gone.
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we could be colleting too little or spending too much. Whichever way you want to look at it.
For me it's spending too much and not taxing enough people who work. To make up for those who will be brought into the tax net you lower social welfare.
Now who will do that?
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