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superbig7

Listed below are comments made by superbig7 between Tuesday, 18th November 2008 and Monday, 24th November 2008.

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End of Thatcher's tax incentives 6:38pm on 24 Nov 2008 An observation about VAT
The vast majority of businesses pass on there VAT charges to the end user (the punter). The effect of this reduction is 50p off a product of 20 pounds, big deal.
A far more effective generator of trade would have been to raise the starting Vat threashold to 100k.
This would have given people the oppertunity to start up so called mom and pop businesses and have the chance to earn a sizeable wage from it before the VAT man came to take his share. eg.. turnover 100k, pre tax profit 50k, net profit 40k, cool... thats a good wage.
The present system.. pay the vat man his cut, and you have given away half your profit, between income tax and vat.
How many people at the moment earning reddies would swap 50k in black money for 40k in tax paid money,,,,, all of them.
You have just increased the tax take for the government, as well as encouraging everybody to have a go and help themselves.
Mabey im wrong, just a thought.
Darling v Mathewson and Burt 12:52pm on 18 Nov 2008 Am I the only person who doesnt trust AD and GB to make the correct decision, I understand that they have spent alot of time brokering the present deal, but these veiled threats to shareholders smack of a lack of open mindedness.
Let GM and PB try to put together a package that could save a scottish institution. Im not a scot, btw.

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