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Millionaire Politicians In Cabinet

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Power gone to their collective 'heads'-whilst they demand Austerity from all the rest?

Here are just a few of the millionaire government ministers who gave themselves a tax cut today

Lord Strathclyde worth £10m

Philip Hammond worth £7.5m

George Osborne worth £4.6m

Jeremy Hunt worth £4.5m

David Cameron worth £4m

Dominic Grieve worth £3m

Francis Maude worth £3m

William Hague worth £2.5m

David Laws worth £1m-2m

Nick Clegg worth £1.9m

David Willetts worth £1.9m

Theresa May worth £1.6m

Oliver Letwin worth £1.6m

Owen Paterson worth £1.5m

Kenneth Clarke worth £1m+

Sir George Young £1m+

Iain Duncan Smith worth £1m+

Michael Gove worth £1m+

NB Grant Shapps isn’t on the list because it’s his alter ego Michael Green who’s a millionaire, not him.

http://tompride.wordpress.com/2013/04/01/here-are-some-of-the-cabinet-millionaires-who-gave-themselves-a-tax-cut-today/

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I thought you paid taxes on incomes?

having a few million means you dont have to earn..shurely?

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Power gone to their collective 'heads'-whilst they demand Austerity from all the rest?

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http://tompride.wordpress.com/2013/04/01/here-are-some-of-the-cabinet-millionaires-who-gave-themselves-a-tax-cut-today/

What was the labour cabinet like?

Also.jote that the top rate of income tax was 40% unser 13 years of labour - they only put it up to 50% five weeks before they lost power.

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Power gone to their collective 'heads'-whilst they demand Austerity from all the rest?

All the lefties chant together...

Tax cuts for millionaires,

Tax cuts for millionaires,

Tax cuts for millionaires,

Tax cuts for millionaires,

Tax cuts for millionaires,

Tax cuts for millionaires,

Tax cuts for millionaires,

Tax cuts for millionaires,

Tax cuts for millionaires,

Tax cuts for millionaires,

Tax cuts for millionaires,

Tax cuts for millionaires,

Tax cuts for millionaires,

Tax cuts for millionaires,

Tax cuts for millionaires,

Tax cuts for millionaires,

Tax cuts for millionaires,

Tax cuts for millionaires,

Tax cuts for millionaires,

Tax cuts for millionaires,

Tax cuts for millionaires,

Tax cuts for millionaires,

Tax cuts for millionaires,

Tax cuts for millionaires,

Tax cuts for millionaires,

Tax cuts for millionaires,

Tax cuts for millionaires,

Tax cuts for millionaires,

Tax cuts for millionaires,

Tax cuts for millionaires,

Tax cuts for millionaires,

Tax cuts for millionaires,

Tax cuts for millionaires,

Tax cuts for millionaires,

Tax cuts for millionaires,

Tax cuts for millionaires,

Tax cuts for millionaires,

Tax cuts for millionaires,

Tax cuts for millionaires,

Tax cuts for millionaires,

:rolleyes:

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What was the labour cabinet like?

Also.jote that the top rate of income tax was 40% unser 13 years of labour - they only put it up to 50% five weeks before they lost power.

hmmmm - a dumbass comment after not reading it?

"The list couldn't include Tony Blair or Gordon Brown or any of the Labour Party past or present because the list is of millionaire politicians who voted FOR giving themselves a tax cut.

All Labour MPs and peers voted against it."

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If you are in a position where you can see to it that you pay yourself sufficient income to cover the taxes that have to be paid you in effect pay no taxes. ;)

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You think they pay tax?

If they do I bet they reclaim it on expenses!

He does a great 'informed' piss-take as to how bent they all are in The City

"Ask their accountants.

They can make their client's worth whatever you would like it to be."

(AS YOU LIKE IT)

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hmmmm - a dumbass comment after not reading it?

"The list couldn't include Tony Blair or Gordon Brown or any of the Labour Party past or present because the list is of millionaire politicians who voted FOR giving themselves a tax cut.

All Labour MPs and peers voted against it."

How come Labour politicians waited 13 years until just before they lost power to put up the top rate from 40% to 50%?

:rolleyes:

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Just because someone is a millionare doesn't mean they earn over 150k.

Just because someone earns over 150k doesnt mean they are a millionare. A salary of 150k corresponds to take home pay of 90.2k. If someone living in london earns that, then they might have to pay 20k in rent, and maybe 20 k other expenses (to keep up appearances), meaning it would take 20 years to build up a million.

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Just because someone is a millionare doesn't mean they earn over 150k.

Just because someone earns over 150k doesnt mean they are a millionare. A salary of 150k corresponds to take home pay of 90.2k. If someone living in london earns that, then they might have to pay 20k in rent, and maybe 20 k other expenses (to keep up appearances), meaning it would take 20 years to build up a million.

Yeah but the champagne socialist morons who spout the crap about millionaires do not appear to have much grasp of english, so maybe Belsize Park comprehensive is not such a good school after all. Never mind.....they probably have not even grasped the fact that they are multi millionaires.....imagine the self loathing if they had a few more brain cells each.

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Just because someone is a millionare doesn't mean they earn over 150k.

Just because someone earns over 150k doesnt mean they are a millionare. A salary of 150k corresponds to take home pay of 90.2k. If someone living in london earns that, then they might have to pay 20k in rent, and maybe 20 k other expenses (to keep up appearances), meaning it would take 20 years to build up a million.

The source of the money appears to be more important than the quantity.

If you receive £60k per year from benefits then you're 'poor' and at risk of 'demonisation' by the nasty right wing. If you earn £60k per year from working then you're 'rich' and should pay more tax to help the 'poor'. If you have a £2m pound house in Primrose Hill that you've worked to pay for then your super-rich and should be taxed even more heavily. If you have a £2m house in Primrose Hill that you inherited then you're an ordinary guy, provided that you hold left-wing views.

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The source of the money appears to be more important than the quantity.

If you receive £60k per year from benefits then you're 'poor' and at risk of 'demonisation' by the nasty right wing. If you earn £60k per year from working then you're 'rich' and should pay more tax to help the 'poor'. If you have a £2m pound house in Primrose Hill that you've worked to pay for then your super-rich and should be taxed even more heavily. If you have a £2m house in Primrose Hill that you inherited then you're an ordinary guy, provided that you hold left-wing views.

Hang on

These 'hard working' millionaires are mostly the end beneficiaries of taxpayer forcibly extracted Benefits (think Billions of CAP payments paid to Billionaire landowners to keep their grouse shooting moors in order.)

and when they get to a certain amount of their 'Precious' accountants convince them they are too important to pay any taxes back into the system they leech off

I have no problem with rich people - just like winding them and giving them enough rope to hang themselves with, hypocrites

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I think the automatic HPC reaction to millionaires, is to sell up, pack in the job, and live in a van, living off the interest, and going fishing each day.

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A salary of 150k corresponds to take home pay of 90.2k.

90K, You can get that on benefits these days.

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Just because someone is a millionare doesn't mean they earn over 150k.

Just because someone earns over 150k doesnt mean they are a millionare. A salary of 150k corresponds to take home pay of 90.2k. If someone living in london earns that, then they might have to pay 20k in rent, and maybe 20 k other expenses (to keep up appearances), meaning it would take 20 years to build up a million.

Exactly.

Lowering the highest rate of tax is a meaningless ideological exercise, and should be criticised as such.

A decent opposition would recognise the real problem which is that earned income is no longer a path to meaningful wealth in the majority of cases.

Income is at least somewhat meritocratic.

EDIT: And of course, income means specifically income from labour. Income from dividends and such is treated differently anyway.

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Exactly.

Lowering the highest rate of tax is a meaningless ideological exercise, and should be criticised as such.

A decent opposition would recognise the real problem which is that earned income is no longer a path to meaningful wealth in the majority of cases.

Income is at least somewhat meritocratic.

EDIT: And of course, income means specifically income from labour. Income from dividends and such is treated differently anyway.

Labour waiting 13 years to then raise the top rate to 50% five weeks before they lost power was a meaningless ideological exercise.

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Labour waiting 13 years to then raise the top rate to 50% five weeks before they lost power was a meaningless ideological exercise.

Yes, it was.

Ideological and political.

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  • 243 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?


      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%



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