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Moon phases


Tax

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Tax

Post by handle on Thu Aug 09, 2018 9:39 pm

Interesting that EVERYTHING one earns goes to the queen (Her Majesty's Revenues & Customs)

EG.
(NI & Personal Allowance of £11,850 not included for simplicity in below calculation, but eventually gets taxed anyway....follow through below)
A decorator earns £100 from his hard sweat - and is taxed at 20% Left with £80
He spends his £80 at the grocers.
The Grocer receives his £80 and pays tax on that at 20% leaving him with £64.
The Grocer gives £64 to the decorator to wallpaper a room.
The Decorator Receives the £64 and pays tax at 20% leaving him with £51.20

So Far, nearly 50% of earnings earned by the decorator have gone to Her Majesty.

Keep following through the passage of that money and you will see that eventually, as it changes hands, it all ends up with the Queen, even the Personal Allowance of £11,850 gets taxed in a recipients income when it changes hands.

So, what if you put it into savings (whats left after you have been taxed)- all that does is prolong the eventuality of when you spend it and it will then be taxed in the hands of the recipient when you buy something.

However, credit also gets taxed. Its money spent, not yet earned, but the recipient gets taxed on it!! When you pay back credit, you will be paying it back with earnings AFTER tax.

NOW, if that ain't slavery, what is?

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Re: Tax

Post by Phillpots on Thu Aug 09, 2018 9:54 pm

Have a go at this. I keep failing. Can't think why Very Happy


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Re: Tax

Post by assassin on Fri Aug 10, 2018 3:06 am

Excellent and accurate synopsis Handle.
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Re: Tax

Post by handle on Fri Aug 10, 2018 8:50 am

So, what does the Queen do with the money (aka sweat)?

Is that what they call "interest", the elusive question The Spaniard has been asking of where it comes from?

Therefore, there is no such thing as money, just a control mechanism.

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Re: Tax

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