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BloodOmen

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Gwadien

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Call for taxes to heal generational divide

I know what i would have done with 10k at 25 and it probably would have helped for any of the things they suggest.

Tbh if they have to resort to giving money away then it shows capitalism is failing.

Difference is 10k when you were 25 is very different to 10k today.

Surprisingly I completely agree with what this guy is saying and I don't mean it for selfish reasons I just think it's the only way that developed economies will be able to cope for the future otherwise you'll just scare away all your workers with taxation whilst people who are 40+ will be living the life of Riley.
 

Moriath

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Difference is 10k when you were 25 is very different to 10k today.

Surprisingly I completely agree with what this guy is saying and I don't mean it for selfish reasons I just think it's the only way that developed economies will be able to cope for the future otherwise you'll just scare away all your workers with taxation whilst people who are 40+ will be living the life of Riley.
You saying I is old !!

But to be fair yeah its less. But i disagree with the idea of doing it. If it was 5k or whatever 20 years ago. Why should you get free money? Why should you take money from someone who has saved all their life and give it to someone for doing nothing more than they got to the age of 25?
 

Gwadien

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You saying I is old !!

But to be fair yeah its less. But i disagree with the idea of doing it. If it was 5k or whatever 20 years ago. Why should you get free money? Why should you take money from someone who has saved all their life and give it to someone for doing nothing more than they got to the age of 25?

Because older generations lived through golden years of piling the worries onto future generations and now they're responding in the exact same way you are.

You can moan at people for supporting this kinda shit all you want - at the end of the day if the generation difference becomes too large then people will just bail out of the country - I probably will.
 

Bodhi

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Because older generations lived through golden years of piling the worries onto future generations and now they're responding in the exact same way you are.

You can moan at people for supporting this kinda shit all you want - at the end of the day if the generation difference becomes too large then people will just bail out of the country - I probably will.

So we'll lose a bunch of whiny entitled millenials?

Works for me.

But yeah, taxing money that has already been taxed to pay to keep 25 year olds in holidays to the med and Audis on PCP sounds a fucking awesome idea!
 

Gwadien

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So we'll lose a bunch of whiny entitled millenials?

Works for me.

But yeah, taxing money that has already been taxed to pay to keep 25 year olds in holidays to the med and Audis on PCP sounds a fucking awesome idea!

Alright m8

Whiney millennials?

I would show you the stats of home ownership etc compared to when you were my age but you don't really give a shit. You don't have a whole load of empathy.

As I say, your loss.

Also money that has been taxed? I thought private pensions were tax free???

So when taxation has to go up because of the demographic time bomb we have, where do you suggest we increase taxation? Or would you start to sell off all the public sectors that you don't use?
 

Bodhi

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Alright m8

Whiney millennials?

I would show you the stats of home ownership etc compared to when you were my age but you don't really give a shit. You don't have a whole load of empathy.

As I say, your loss.

Also money that has been taxed? I thought private pensions were tax free???

So when taxation has to go up because of the demographic time bomb we have, where do you suggest we increase taxation? Or would you start to sell off all the public sectors that you don't use?

I don't care massively no, mostly as me and the OH are in exactly the same position as most millennials - i.e we don't own our own home, and have to save up a deposit for it. Key words there being "save", as in we aren't expecting the government to foot 10k of the deposit for us - mostly as we can imagine what that would do for house prices.

Private pensions are tax free yes, but other proposals in this report seem to be suggest all inheritances, whether the parents are alive or not, are taxed at 20%. 1) Good luck policing that one 2) Chances are those gifts have already been taxed at 25 - 50% when they were earned, hence being taxed twice. Which is a shit idea.
 

Moriath

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Pensions are taxed when you get paid it as a benefit. Not when you save it
 

Job

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I see Asda are trialling..and soon others..card only petrol stations that actually put a hold on 99 in your account for at least two days until the actual transaction clears.

I have ni fuckin clue why they cant check your account for funds like every other card transaction on the planet.
This holding of arbitary amounts is just evil bankers conforming to type.
Its going to get worse before it gets better.
 

Jupitus

Old and short, no wonder I'm grumpy!
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The future is blockchain.


... and with the quite possible slowdown of transaction confirmations due to bloated bitcoin blockchain size an all new 'queuing for petrol' crisis just like the good old days :p


Note: This may not be true :fluffle:
 

Syri

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I see Asda are trialling..and soon others..card only petrol stations that actually put a hold on 99 in your account for at least two days until the actual transaction clears.

I have ni fuckin clue why they cant check your account for funds like every other card transaction on the planet.
This holding of arbitary amounts is just evil bankers conforming to type.
Its going to get worse before it gets better.
There's a few cards/accounts that don't support checking availability of funds. My parents said they didn't want contactless cards at first, and the cards they were sent wouldn't work with the pay at the pump system (they're with natwest) but my barclays account at the time, which was the most basic one, worked fine. I'm guessing this is a method to get around that, and allow all types of card and account to pay at the pump, providing you have £99 available in your account.
 

Job

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It still doesnt make any sense..if you havent got the money in your account it should just say 40 quid only for example..it allows you to fill with petrol on money you dont have..it happens all the time..people use it as a way to get petrol before they are paid...this new system is to combat this?
So now I presume if the money isnt there you dont get petrol...is that if you havent got 99 quid you get nothing?
Or the amount you have?
 

Moriath

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It still doesnt make any sense..if you havent got the money in your account it should just say 40 quid only for example..it allows you to fill with petrol on money you dont have..it happens all the time..people use it as a way to get petrol before they are paid...this new system is to combat this?
So now I presume if the money isnt there you dont get petrol...is that if you havent got 99 quid you get nothing?
Or the amount you have?
No if you read the article if you dont have 99 quid then there is a process to allow less. So if you have 40 quid in yr account then it will be set to vend no more than that. 99 is an attempt to cover a full tank of fuel that most wont go over.
 

Job

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Well Asda have decided to drop the trial...which was theirs or the banks?
Must have been something in it...or not.
 

Gwadien

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I don't understand why you can't set your limit before then pay afterwards?
 

Moriath

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Well Asda have decided to drop the trial...which was theirs or the banks?
Must have been something in it...or not.
Well sainsburys i went to at the weekend has the same 99£ thing. No issues there. It is a process put in place by the credit card companies implemented by the garages afaik.

And link to the drop thing. Mkay!
 

fettoken

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Holy shitballs. Just checked the stats on reported sexual crimes in Sweden, 2000 compared to 2017, there's a 300% increase. 8500~ in 2000, and 25000~ in 2017. That's quiet a lot.
 

Lamp

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Someone suggested watching Dunkirk. Any good? Worth watching?

I'm dreading it's going to have some luvvie like Kate Winslet crying all the way through as she struggles to run a hairdressers shop for American soldiers...
 

Gwadien

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Lamp

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Didn't some rank outsider win the Grand National a few years back at 66-1?

Wouldnt have minded sticking 10k on that

Would have made more buying 10k worth of Apple stock.
 

Jupitus

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Someone suggested watching Dunkirk. Any good? Worth watching?

I'm dreading it's going to have some luvvie like Kate Winslet crying all the way through as she struggles to run a hairdressers shop for American soldiers...

It's pretty decent IMHO...
 

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