The online racing simulator
London/UK Riots
(461 posts, started )
Quote from Intrepid :... but I assume some of your competitors do have sponsors looking fro tax relief.

Without competitors you would have no one to race, and thus you yourself 5Haz are a direct beneficiary of a tax loophole and a tax avoidance technique. Thus making you a hypocrite

BOOM - Here endeth the debate. In the words of ace Ventura - http://www.youtube.com/watch?v=rVoKlqbz1l4

For someone whose argument is made entirely out of very speculative conjecture, you seem very self assured. Lets not clutch at straws now, your initial point hit a very big rock when I told you I have no sponsors, you gets points for innovation for trying to nail me on the basis of my competitors being tax dodgers, but how can such an argument stand up without proof?

FYI, when I did have sponsors in my first season, they were the charities Teenage Cancer Trust and Richard Burns foundation, in fact they weren't even sponsors, we were representing them. I did many hours of charity collecting for both of them, there you go, my contribution to the big society, and I didn't even need Dave C to tell me to do it. There were also the obligatory family business stickers on the car and I'm pretty sure the old man didn't evade his taxes, otherwise we might've still had some money.

As much as you like to do it, direct comparisons can't be made between racing and life. Unlike a decent quality of life itself, racing is a privilege, not a right. I wont be doing anymore racing this season because the moneys run out and I can no longer justify paying the race entry fees when I have a student house to pay for. Race entry fees are not like public services, they are no essential to a reasonable quality of living.

Quote from Intrepid :HEY! Don't ruin my moment

Wow, how am I supposed to see your point of view if your heads that far up your own arse? Claiming victory for yourself just makes you look juvenile, especially when nobody wants to cheer for you.
Quote from Boris Lozac :[how much would it cost me to have Golf MKII there annually? (i'm 27).

www.confused.com

(Not taking the piss, its a car insurance site...if you need a UK postcode find one online)
Quote from menantoll :eh?




Why don't we just cut to the chase and you tell us how much is costs you?

I meant to say i didn't understood that post entirely...

And it's costing me about 220 euros.
In all the bitch fighting (yeah I know I was part of it) this idea hasn't been commented on and I'd love to hear the comments of the more vocal here

Quote from someone else :Ultimately Income Tax is fundamentally unfair - you have to pay the government for letting you work, to pay for public sector things you could afford privately if you didn't pay them and for people who don't work.

Even IF you don't accept that, you're still left with three completely unfair implementations. First, everyone pays the same rate so that the more you earn the more you pay (despite using the same amount of what it pays for). Second, variable rates so that the more you earn the more, proportionally, you pay (despite using the same amount of what it pays for). Third, a flat rate so that everyone pays exactly the same, so that low earners give more of the salary, propotionally, in tax. None are wholly fair (except possibly the last one - since the average person uses the same amount of public sector services paid for by income taxation as the next average person, they should pay the same - but it's completely impossible to implement or get through the Commons as no-one on NMW will possibly ever accept paying the exact same amount of income tax as Wayne ****ing Rooney).

So Income Tax as a concept is unfair and any implementation of it is fundamentally flawed. Which is why it shouldn't exist.

What should exist is a high sales tax (like we already have, as it happens) so that the more things people buy and use, the more they contribute to society. Ronaldo buys another Ferrari to replace the other one he smashed up? £35k into the Exchequer - and that pays for a Band 7 nurse for a year (which is another benefit - instead of being seen as rich, posing wankers, rich, posing wankers become benevolent philanthropists. After all, they chose to buy a Ferrari and pay a nurse's salary).


Of course, there's still issues there. For a start there are the standard sales tax dodges - but in the first few years, everyone has shitloads more money to buy things and doesn't bother trying to dodge it until their outgoings match their salary and it's all old hat. By which time they've paid for hunners more coppers and customs officers. Win. The bigger issue is whether sales tax alone covers HM Government spending - and then we enter the age-old argument of just what HM Government should be spending. Though a good place to start cutbacks would be hardcore porn for ministers' partners and 20% payrises for not turning up to work 3 days in 4...

Quote from 5haz :For someone whose argument is made entirely out of very loose conjecture, you seem very self assured. Lets not clutch at straws now.

As much as you like to do it, direct comparisons can't be made between racing and life. Unlike a decent quality of life itself, racing is a privilege, not a right. I wont be doing anymore racing this season because the moneys run out and I can no longer justify paying the race entry fees when I have a student house to pay for. Race entry fees are not like public services, they are no essential to a reasonable quality of living.

You have been a direct beneficiary of tax avoidance, that's all I'm saying.

Money that should have (and that's a very loose should) been taxed, instead probably went to some kid racing, which you benefited from.

My point being that tax avoidance isn't born from some selfish place. Quite a few businesses have to otherwise they simply can't turnover a real profit. A profit that often gets re-invested and put towards new sustainable jobs.

You seem to fast to understand those who riot, yet wilfully ignore why someone might avoid tax.
Quote from Boris Lozac :I meant to say i didn't understood that post entirely...

And it's costing me about 220 euros.

He was basically saying that the price of car insurance in britain is inflated because of the huge amounts of false/shouldn't have claimed if they were honest claims that go on here.


bottom line

You pay less than you would here even in the cheapest insurance areas
Quote from 5haz :Wow, how am I supposed to see your point of view if your heads that far up your own arse? Claiming victory for yourself just makes you look juvenile, especially when nobody wants to cheer for you.

Yeah I display a massive ego by linking to an Ace Ventura clip.
Quote from Intrepid :You have been a direct beneficiary of tax avoidance, that's all I'm saying.

Money that should have (and that's a very loose should) been taxed, instead probably went to some kid racing, which you benefited from.

My point being that tax avoidance isn't born from some selfish place. Quite a few businesses have to otherwise they simply can't turnover a real profit. A profit that often gets re-invested and put towards new sustainable jobs.

You seem to fast to understand those who riot, yet wilfully ignore why someone might avoid tax.

Sorry Intrepid but paying for advertising, which is what sponsorship actually is, is not tax avoidance. It's a legitimate business expense. It may be claimable against tax but the sponsor will only save a % of the amount paid out in tax. They are still down. Tax avoidance is where you do something legal and end up with more money in your pocket not less.
So are the riots still going on or have they burned themselves out?

I was just thinking today how it seems like it is illegal to defend your life and your property in the UK. Thats part of the reason a ragged group of punks can do so much damage; even your police are powerless to defend law-abiding citizens.
They've fizzled out. They are probably playing with their new toys
Quote from flymike91 :So are the riots still going on or have they burned themselves out?

I was just thinking today how it seems like it is illegal to defend your life and your property in the UK. Thats part of the reason a ragged group of punks can do so much damage; even your police are powerless to defend law-abiding citizens.

Rain stopped play.

Don't believe all you hear in the media.

Say someone breaks in to your house

If you hit them with a baseball bat because they pull a knife on you it is not illegal it is self defence. If you hold up a baseball bat which sends them running THEN you run after them and beat them to death. THAT is illegal.
Quote from Intrepid :You have been a direct beneficiary of tax avoidance, that's all I'm saying.

Money that should have (and that's a very loose should) been taxed, instead probably went to some kid racing, which you benefited from.

My point being that tax avoidance isn't born from some selfish place. Quite a few businesses have to otherwise they simply can't turnover a real profit. A profit that often gets re-invested and put towards new sustainable jobs.

You seem to fast to understand those who riot, yet wilfully ignore why someone might avoid tax.

Are you trying to claim spending money is the same thing as dodging tax? This is almost a ridiculous as the time you tried to convince us that musicians deserve no credit for their compositions because they work within previously established musical scales. Just how do you expect me to take you seriously when you take an argument to such implausible ends just to avoid conceding anything or opening your mind to conflicting ideas?

If a business can't turnover a profit, then its business model is wrong or there is insufficient demand for that businesses goods or services to justify its existence. I don't understand why some people begrudge any concessions towards individuals who are struggling financially, but are so willing to make excuses for businesses that are failing financially. People on benefits are supposedly lazy yet businesses on 'benefits' are supposedly poor squeezed job creators being unfairly picked upon. While a company can be liquidated or change its production to suit demand, and struggling person who can't find a job can't simply dissapear, as much as many upper class would wish they would, they can't change their skills to suit the job market either when this too requires money.

And in the reality much of the worst offenders are not corporations barely struggling to stay afloat, they're making multi-million pound profits!

Quote from Intrepid :Yeah I display a massive ego by linking to an Ace Ventura clip.

You're arrogant because your self assurance has absolutely no grounding in reality or conclusive proof.
Quote from menantoll :Rain stopped play.

Don't believe all you hear in the media.

Say someone breaks in to your house

If you hit them with a baseball bat because they pull a knife on you it is not illegal it is self defence. If you hold up a baseball bat which sends them running THEN you run after them and beat them to death. THAT is illegal.

The Met issued a statement the other day reminding people that they are prefectly entitled to use 'Reasonable Force' to defend their property and that they don't need to wait to be attacked first if it looks like that's what's going to happen.
Quote from menantoll :In all the bitch fighting (yeah I know I was part of it) this idea hasn't been commented on and I'd love to hear the comments of the more vocal here

There can be various reasonings behind how the nation should be funded. How to pay for healthcare, police,firedepartments, army, law, social services etc..

Some countries have different take on that. In Finland we have take the idea that everyone pays to his ability (that's pretty much the official line, not my own interpretation of it). The more ability you have the more you pay. Of course there have been laws rewritten in recent times which allow the richer people to pay part of the income tax as capital tax. Which is a lot lower. Because of the lower limits for capital tax as in income amounts is so high it is effectively a low tax only available for the rich which goes totally against the spirit in which the whole tax is designed to work.

Now if we assume that a nation has those healthcares, firedepartments and other stuff it wants to provide the nation needs certain amount of income. If we take away income tax and replace it with sales tax we need to stop for a second and look how things are now and would things change.

The poorest people use their small income on 3 things. Living, food and clothes. Also taxes in their various forms too. With higher sales tax making apartments is more expensive which means people are no longer able to buy houses. Which in turn makes rent higher too. So huge rise in apartment expenses. Food gets naturally more expensive too with bigger tax as do clothes. Sounds like a pretty big scam for the poor folks!

For rich folks the world is different. What you have after you pay a 50% income tax, apartment, food and clothing is not something like 20£ but 2000-20000£. Food price can double or triple without them even noticing. Without needing to pay income tax they get 100% more money now while their living costs only rise about say 30%. Pretty good deal...

Not to talk about investing costs skyrocketing slowing down the economy. This leads to all kind of trouble too. No one can afford to live anywhere else than in a big city because no corporation can not afford to provide basic services anywhere else.

So in short it sounds like a typical right wing policy disguised as a way to pay less while not telling who gets to pay less. Overall tax amount the nation requires does not change. The tax is just more absolutely evenly balanced between everybody and effecticely the poor end up paying more.
The wealthiest 1% of Americans pay ~40% of all income taxes for the entire nation and use public services far less. The top 25% (small to medium-sized business owners) pay ~90% of all income taxes. About 50% of Americans pay no federal taxes at all, yet they use the vast majority of public services. How is this fair? People talk about the rich like they're money making devil robots. They are real people who have the aspiration, perseverance, leadership, and confidence to live their lives as best they can. They create all of the jobs in the private sector and on top of that they pay pretty much all of the taxes. Most employed people in the world owe their livelihood to people like these and all they can think to do is punish them.

http://www.american.com/archiv ... s-the-taxes/article_print
Yeah I agree. Rich people are superheroes.
Quote from flymike91 :The wealthiest 1% of Americans pay ~40% of all income taxes for the entire nation and use public services far less. The top 25% (small to medium-sized business owners) pay ~90% of all income taxes. About 50% of Americans pay no federal taxes at all, yet they use the vast majority of public services. How is this fair? People talk about the rich like they're money making devil robots. They are real people who have the aspiration, perseverance, leadership, and confidence to live their lives as best they can. They create all of the jobs in the private sector and on top of that they pay pretty much all of the taxes. Most employed people in the world owe their livelihood to people like these and all they can think to do is punish them.

http://www.american.com/archiv ... s-the-taxes/article_print

The poor people are probably just as willing to contribute that if they get the chance to be rich, and don't make tax paying seem like something they volunteer to do, it's by law and god knows how many of them tried to dodge tax some way or another.

and judging people's aspiration because they are successful? really? Some people just know how to play the system better than others, and in the business there are commercial attacks and bullying everywhere.....they ain't saints, they make money with your money, and make you pay for the losses when they screw up (banks and investments), they increase their margin of profit with oligopoly and basically control every basic commodity u need.

Rich people create jobs? sure, but that's because they can't do everything themselves and they need employees, it's a deal, not charity. They weigh it as a business decision and won't want to pay more than you what need, and how many US business shifted their production to third world countries for cheaper labors? I bet you are thankful.

I know some good rich people, but when people get really rich, even if they tries to be good, the people directly beneath them, who ain't quite there and is in the greediest stage of their lives, will manipulate the system and benefit from it.
Quote from JJ72 :The poor people are probably just as willing to contribute that if they get the chance to be rich, and don't make tax paying seem like something they volunteer to do, it's by law and god knows how many of them tried to dodge tax some way or another.

I don't intend to make taxes seem that way. I was saying that their high tax rates are a form of punishment. 50% of Americans are apparently more successful at dodging taxes than the uber rich, and do it more often than the 1% you're judging.

Quote :and judging people's aspiration because they are successful? really? Some people just know how to play the system better than others, and in the business there are commercial attacks and bullying everywhere.....they ain't saints, they make money with your money, and make you pay for the losses when they screw up (banks and investments), they increase their margin of profit with oligopoly and basically control every basic commodity u need.

Are you saying some people are better at making money than others? Some people are better at painting than I am. Some people are better pilots than I am. Being good at making money just happens to be the best thing to be the best at. Most companies are not the evil corporations you are thinking of. There are evil corporations, no doubt. But saying all rich people are evil is not an intelligent statement. The most giving philanthropists in the world also happen to be some of the richest people. Go ahead and look at the causes those people have dedicated their time and money to and tell me they're evil. That list is just the top ten philanthropists, there are many other rich people who give away large portions of their wealth to causes they feel are worthy. Yes, they get tax breaks but those breaks are a fraction of what they donate. Some would say that a charity that helps people get off of Crystal Meth is more worthy than tax dollars given to the government to do who knows what.

If you're lucky enough to live in a country that pays for your secondary education, the rest of those things: aspiration, confidence, perseverance, are things you either have or don't have enough of to become a multi-millionaire. You want to control all of your commodities? You will never succeed unless you live in a commune or own Wal-Mart. << I suggest you go for this one, seems like the better deal.

Quote :Rich people create jobs? sure, but that's because they can't do everything themselves and they need employees, it's a deal, not charity. They weigh it as a business decision and won't want to pay more than you what need, and how many US business shifted their production to third world countries for cheaper labors? I bet you are thankful.

Employment is not charity, nor should it be. Do you read the things you're saying? It takes thousands of people to run a multi-billion dollar company and a good business man knows that and treats his employees with respect because he needs them and they need him. Many companies pay their employees much more than what they need to survive (in the US anyway, I know China is different in that regard. Hopefully an evil rich philanthropist is donating his resources there.) Look at Google and the benefits they give their employees. People would kill for a job at that company even if they're not making tons of money, do you think it's because they feel worthless?

Quote :I know some good rich people, but when people get really rich, even if they tries to be good, the people directly beneath them, who ain't quite there and is in the greediest stage of their lives, will manipulate the system and benefit from it.

This statement is vague so I will decipher it in two ways:

1. "Some rich people are good, but when they get extremely rich, they become corrupt"
-Wrong. The link I posted above should be evidence enough for that.
2. "Some rich people are good, but it's the ones just below them that are always greedy and corrupt"
You're so anti-establishment that you become blind to the fact that we are all subject to the limitations of human nature. Greed is not the only way to become rich, and it is not the only way to live your life once you have made your fortune. Most people become rich not by keeping others down, but by expanding on an idea that makes people's lives better. You and I would not be instantly communicating to each other 13,000 kilometers away without the work of corporations full of employees and the rich evil people who direct them.
I just want to remind you that beneath some level of taxation there are not rich people and poor people that pay taxes more or less but those who pay taxes and those who dont (in gray and black zones).


and about your rioters - it seems like they are organized and steered as our rioters here but they look like pretty dumb looting and making fire.

As I told I live in a country of Marsists majority. You can loose everything to Marsists: from sport equipment (because Marsists always prevail and win even if they cant) to cars (that could be damaged or wrecked) or company - we have a long list of companies that were lost by their owners due to illegal administrative decision (overruled after many many years) with the best known here owner of PC assembly company with several hundreds millions € of turnover whose problems were gone after he sold his company cheap and went herding lambs. Literally.

What about rioters? They are the same Marsists - when they riot they do not loot, they make internet riot flooding forums with shit of propaganda. And they overruled rule of law.
Quote from flymike91 :
Are you saying some people are better at making money than others? Some people are better at painting than I am. Some people are better pilots than I am. Being good at making money just happens to be the best thing to be the best at.

Sorry but that's just not the case, some people are better at earning from this particularly system more than others, the system does not reward in direct proportion to ability and hard work, there are fasttracks.

If I have 1 million now, i can buy a flat, and increase that just by 50% by selling it a year later, it involves no skill and no insight, you just need to sign some papers. If I try to earn that amount by designing I will have to work tirelessly for at least 2 years.


Quote from flymike91 :Most companies are not the evil corporations you are thinking of. There are evil corporations, no doubt. But saying all rich people are evil is not an intelligent statement. The most giving philanthropists in the world also happen to be some of the richest people. Go ahead and look at the causes those people have dedicated their time and money to and tell me they're evil.

I didn't say they are evil, I am saying most of them has to be in this competitive market, if it isn't their own wishes, the need to make the shareholder happy will lead to bad business practice. Whether they like it or not.

Quote from flymike91 :If you're lucky enough to live in a country that pays for your secondary education, the rest of those things: aspiration, confidence, perseverance, are things you either have or don't have enough of to become a multi-millionaire. You want to control all of your commodities? You will never succeed unless you live in a commune or own Wal-Mart. << I suggest you go for this one, seems like the better deal.

I want control of my commodities? no, But I don't want my entire life's demand under the control of three major land developers (that's the case here, they control power, transport, telecommunication, entertainment AND food supply)


Quote from flymike91 :Employment is not charity, nor should it be. Do you read the things you're saying? It takes thousands of people to run a multi-billion dollar company and a good business man knows that and treats his employees with respect because he needs them and they need him. Many companies pay their employees much more than what they need to survive (in the US anyway, I know China is different in that regard. Hopefully an evil rich philanthropist is donating his resources there.) Look at Google and the benefits they give their employees. People would kill for a job at that company even if they're not making tons of money, do you think it's because they feel worthless?

You are such a optimist in this regard, most company are run like shit and there's no trust among the different levels, providing an exception isn't going to do anything, I have friends, they all work for someone, I know what the reality is like. If we have one google for every 10000 company on earth I shall jump into a pook naked as celebration.

Quote from flymike91 :Most people become rich not by keeping others down, but by expanding on an idea that makes people's lives better. You and I would not be instantly communicating to each other 13,000 kilometers away without the work of corporations full of employees and the rich evil people who direct them.

You know how hard it is to contact my last internet service provider to cancel that subscription and how much arbitrary fee they included in my bill without me knowing? While they call me weekly to tell me about their better deals?

It made my life better yes but how they do it involves so much nickle and diming, so much little advantage taking here and there. I don't think it justifies their business practice just because these people make thing happen.
Quote from JJ72 :Sorry but that's just not the case, some people are better at earning from this particularly system more than others, the system does not reward in direct proportion to ability and hard work, there are fasttracks.

If I have 1 million now, i can buy a flat, and increase that just by 50% by selling it a year later, it involves no skill and no insight, you just need to sign some papers. If I try to earn that amount by designing I will have to work tirelessly for at least 2 years.

really no skill and insight??
I know several people stuck here with some real estate for many years - and yes, they have to work hard for them because they thought they would sell it high. It is called - risk.
Quote from AndRand :really no skill and insight??
I know several people stuck here with some real estate for many years - and yes, they have to work hard for them because they thought they would sell it high. It is called - risk.

not in hong kong mate, it had never fell since 4 years ago. And is only going to get higher. Even if you just buy it with mortgage and rent it out, you are still making quite a cut, the demand outweighs supply by a long shot and it's because they are holding it back to boost the price.

Earning money is very easy when you have some, but really hard when you have none.

London/UK Riots
(461 posts, started )
FGED GREDG RDFGDR GSFDG