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Tay

Tay

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Overdriven said:
Do we have the same wife?
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Maybe we all share one. first time I saw some of it the other day, spent 15 secs listening to it, said thats Gabrielle and walked out, seems it was ^^

Shes addicted to it, and now wants me to watch it...not gonna happen.
 
Lamp

Lamp

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Well, the BBC and Met Office got the weather wrong for London. Yet again. Heavy disruptive snow they said. Its been very lightly snowing. Dust-like crap. Not proper snow. It was falling on wet ground. What little settled wasn't enough to make snow testicles, let alone a snow man.

Its bloody chilly out there, but the heavy snow they predicted didn't arive. Clear skies now. Beast from the East my arse.
 
Scouse

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Fuck "thriving high streets".

The treasury fails to realise that they're rapidly becoming irrelevant. Or, more likely, is terrified that that's true.

What worries me about this is that if they start charging "rates" on internet businesses it stops the little guy who doesn't want or need a physical storefront from starting up.

There should be increasing turnover margin taxes starting very low (or non-existent) and getting to bumper rates when we're talking amazon levels of monopoly.

Make these corporations work for all of us. But let them outcompete the old.
 
Gwadien

Gwadien

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Scouse said:
Fuck "thriving high streets".

The treasury fails to realise that they're rapidly becoming irrelevant. Or, more likely, is terrified that that's true.

What worries me about this is that if they start charging "rates" on internet businesses it stops the little guy who doesn't want or need a physical storefront from starting up.

There should be increasing turnover margin taxes starting very low (or non-existent) and getting to bumper rates when we're talking amazon levels of monopoly.

Make these corporations work for all of us. But let them outcompete the old.
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Obviously agree with the Bezos bash.

But I'm not sure about your former point - if we're going to lose the highstreets then that means that there's less money going to the Government because as you say, internet businesses don't pay for brick & mortar.

So yeah, I'd say slap a tax on it but definitely have it on a scale.
 
Embattle

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I'm not alone in thinking that the government has been woeful in dealing with companies such as Amazon. So you've not only got a company that pays next to nothing in tax but it ultimately destroys those that do pay.
 
Raven

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People still complain to Amazon about it though, no business or person past present or future will pay more tax than they are required to do so by law and if they did, how would it be calculated? Tax is complicated enough as it is.

It's up to the Tories to change the law, nobody else can.
 
Ormorof

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Well part of problem is that HMRC has no teeth to actually collect what is required

The Vodafone case of a few years back springs to mind, they settled for 30 million or so to avoid a court case and clapped themselves on backs with congratulations. The initial tax bill that Vodafone was due to pay was in the hundreds of millions but they just said "nah"
 
Scouse

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Ormorof said:
Well part of problem is that HMRC has no teeth to actually collect what is required
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You try underpaying by a quid when you're not lawyered up to the teeth.

The problem is the tax system is designed to give the rich and the big fish a pass.
 
DaGaffer

DaGaffer

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Turnover tax is bollocks; its been a disaster everywhere its been tried; even if it kicks in at "high" turnovers its easily gamed, and it stifles new business startups.

With the likes of Amazon you'd be better off taxing their liquid asset pile; "use it or lose it", but you need global agreement and the Americans never will.

And of course the most impactful thing you could do is break them up, Amazon, but all the big techs really. AWS is something like 20% of Amazon turnover but 50% of its gross profit, which cross subsidises warehouse building etc. Amazon lends itself to being broken into at least three companies, possibly more, as does Facebook, and Google needs breaking into anywhere between six and 20 companies.

Make them all smaller to stop them distorting every market they're in.
 
MYstIC G

MYstIC G

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DaGaffer said:
Turnover tax is bollocks; its been a disaster everywhere its been tried; even if it kicks in at "high" turnovers its easily gamed, and it stifles new business startups.

With the likes of Amazon you'd be better off taxing their liquid asset pile; "use it or lose it", but you need global agreement and the Americans never will.

And of course the most impactful thing you could do is break them up, Amazon, but all the big techs really. AWS is something like 20% of Amazon turnover but 50% of its gross profit, which cross subsidises warehouse building etc. Amazon lends itself to being broken into at least three companies, possibly more, as does Facebook, and Google needs breaking into anywhere between six and 20 companies.

Make them all smaller to stop them distorting every market they're in.
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Hasn't Google pretty much already shielded itself from most of the effects of that though with the whole Alphabet move.
 
DaGaffer

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MYstIC G said:
Hasn't Google pretty much already shielded itself from most of the effects of that though with the whole Alphabet move.
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Not really - you could still break apart display ads from search (for example) under Alphabet. it ultimately comes down to how antitrust/monopolies regulators define markets.
 
Lamp

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I washed my Long Johns this morning. Got all the stains out apart from a couple of curry fingerprints on the right leg.
Thought you should know.
 
Wij

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C

caLLous

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They've had actual power outages in Iran and they've blamed it on mining. They have some sort of subsidy scheme which means most small businesses essentially get free electricity and they've been... how do you say... taking the piss.
 
Scouse

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Raven said:
Interesting read.

www.cnbc.com

Bitcoin's wild ride renews worries about its massive carbon footprint

Bitcoin has a carbon footprint comparable to that of New Zealand, producing 36.95 megatons of CO2 annually, according to Digiconomist.
www.cnbc.com www.cnbc.com
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Although we agree the amounts are ludicrous right now, that is still half as much as inactive home appliances in the U.S. consumed... The amount of energy wasted on idle home devices like phone chargers and microwaves in the U.S. could power the bitcoin network for two years.
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Seems to me that people who have tried dismissing crypto as tulips or saying it has no value have only the energy argument left or they'd be taking pot shots at that sort of stuff rather than crypto.
 
Moriath

Moriath

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Scouse said:
Not at all. Well aware of it. However, it's not an isolated argument - *cursory search* :)
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But its an additional use of power on top of all the others. Not instead of. I would have thought with your climate views you would be for anything to remove the amount of power we consume as a human race. But seems its ok as long as you like the result.
 
Moriath

Moriath

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www.bbc.co.uk

Man charged in Lanark over Captain Sir Tom Moore tweet

A man is due to appear in a Lanark court after being charged in connection with communication offences.
www.bbc.co.uk www.bbc.co.uk

Really? They cant claim it was racist or sexist but still they charge a dude. Havent seen the tweet but freedom of speech?

edit: found it

A tweet sent shortly after war hero's death last Tuesday read: 'The only good Brit soldier is a deed one, burn auld fella, buuuuurn.'
i mean theres nothing in it really?
 
Scouse

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Moriath said:
I would have thought with your climate views you would be for anything ...
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Actually - I'd like us to assess everything and see what is sensible to put an end to.
Moriath said:
But its an additional use of power on top of all the others.
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Yep. There are lots of others. Lets get rid of the fashion industries, plastic toys (hell, pretty much plastic everything that isn't unnecessary), yadda yadda yadda. Blockchain and crypto are potentially transformative techs. Lets cut out the complete shit first.
 
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