I thought we were in this togethor...

MegaSteve

MegaSteve

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Just been reading that the head of Barclays is to have his tax bill paid for him by Barclays... Another kick in the teeth for the ordinary working man who can't avoid paying tax and has to meet his own 'obligations' to the tax system...

Country is in s**t order due to the bad practices of the banking sector yet they think its still totally OK to carry on as though nothing is wrong...

When the miners did their best to destroy the countries economy Thatcher sent the plod in to beat them about the head... How about similiar for this bunch of villains? SCUM the lot of 'em....

:rant: :temper:...
 
Should that not read when Thatcher done her best to destroy manufacturing and wreck lives and communities by putting tens of thousands on the dole.
 
MegaSteve said:
Just been reading that the head of Barclays is to have his tax bill paid for him by Barclays... Another kick in the teeth for the ordinary working man who can't avoid paying tax and has to meet his own 'obligations' to the tax system...

Country is in s**t order due to the bad practices of the banking sector yet they think its still totally OK to carry on as though nothing is wrong...

When the miners did their best to destroy the countries economy Thatcher sent the plod in to beat them about the head... How about similiar for this bunch of villains? SCUM the lot of 'em....

:rant: :temper:...
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Scum?? That's a bit harsh, isn't it??

Can you eloborate more on these bad practices please??

Bob Diamond, as the Chief executive of Barclays, has overseen huge profits at Barclays year on year. If Barclays choose to reward him by paying his taxes then why shouldn't they?? They only have to answer to their shareholders.

If you want someone to blame for the mess that we're in, look no further than Gordon Brown and the Labour party. Whilst in power, they encouraged spend, spend, spend with absolutely no regard for where the money was coming from. Senior economic analysts were warning for many years that a financial implosion was on the way. Did he/they listen?? No.
The investment banking world can be blamed for the mortgage sub prime business going belly up BUT the credit rating agencies must take some of the blame for rating it as triple A.
 
Don't really have a problem with him earning heaps - that's contractual or to be justified to shareholders - but does not seem right for a company to pay an employee's tax bill as well. That goes very much against grain for me!
 
Foxholer said:
Don't really have a problem with him earning heaps - that's contractual or to be justified to shareholders - but does not seem right for a company to pay an employee's tax bill as well. That goes very much against grain for me!
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Many football clubs do it for their star performers.

I've searched and I can't find any reference to Barclays paying his tax bill..
 
AuburnWarrior said:
Are you prepared to elaborate on the 'bad practices' that you pertained to?

I'm trusting that you're an expert on the industry..
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I'll be back... Just not right now as I've got to carve for dinner...

And no I am no expert...

But from where I am sitting neither have been the heads of the banks that have been complicit in getting us where we are...

And yes I blame previous goverments also and not just Gordon & Co.
 
Leave the miners out of it. You do not have a clue what your talking about. That woman Thatcher was probable the most evil women on the planet. Did her best to destroy manufacturing in this country. She wanted to turn it into another Switzerland a banking haven (her words at the time). So get your facts right before you open your big mouth and sick both feet in it.


P.S. Just looked at your profile. Correct me if I'm wrong. But you do not have room to comment. As myself and the other tax payers on here. Appear to be keeping you at the moment??
 
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DaveM said:
Leave the miners out of it. You do not have a clue what your talking about. That woman Thatcher was probable the most evil women on the planet. Did her best to destroy manufacturing in this country. She wanted to turn it into another Switzerland a banking haven (her words at the time). So get your facts right before you open your big mouth and sick both feet in it.


P.S. Just looked at your profile. Correct me if I'm wrong. But you do not have room to comment. As myself and the other tax payers on here. Appear to be keeping you at the moment??
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You say he's wrong and doesn't know what he's talking about then take a swipe at him, yet you haven't bothered to tell him why you think he's wrong.
 
Mrs T was and still is the best PM the UK has had. She told it how it was, didn't back down to bully's and the left wing nuts.
We could do with another PM with a backbone like her right now.
 
I don't really want to defend a millionaire but I assume as he's an expat, Barclays are paying his UK tax bill as part of his expat contract. The US will still require him to pay tax to them which I assume Barclays are not covering?
 
DaveM said:
Leave the miners out of it. You do not have a clue what your talking about. That woman Thatcher was probable the most evil women on the planet. Did her best to destroy manufacturing in this country. She wanted to turn it into another Switzerland a banking haven (her words at the time). So get your facts right before you open your big mouth and sick both feet in it.


P.S. Just looked at your profile. Correct me if I'm wrong. But you do not have room to comment. As myself and the other tax payers on here. Appear to be keeping you at the moment??
Click to expand...

Now, now kiddies! Much as I'm inclined to agree with you about Thatcher, it's only my opinion and I'll fight for the right of anybody to be allowed to express a different one! You haven't demonstrated the supposed benefits of the British education system either - misuse of I/me and their derivatives (myself in this case) is one of my hobby-horses and other literacy skills seem a bit low too.

It's quite possible that Mega's gripe with BD, Barclays and/or bankers in general is quite reasonable. I believe it was their absolute, greed driven obsession with Profit (assisted by weakness and incompetence by successive governments) that got us into this current mess. There's certainly a valid argument that if governments bail out Banks when things go bad, (Barclays declined btw) they should be doing no less for those that suffer as a consequence/by-product. And to suggest that someone that is unemployed, which I presume is what you are implying, does not have 'room to comment' shows considerable arrogance, imo, if not something the ECJ would rule as a breach of his human rights!

BTW. Here's a Daily Mail article covering the topic: http://www.dailymail.co.uk/news/article-2113055/Barclays-footed-Diamonds-5-7m-tax-moved-UK-27m-package-pay-perks-shares.html?ito=feeds-newsxml

Not as 'bad' as was first made out imo - merely addressing a barrier to his taking the job. Classic Daily Mail headlining. So while my earlier comment is still valid, it doesn't apply in this case because the payment was 'contractual'. Payments to Footballers made 'tax-free' are not unreasonable though because of the international nature of their profession. How that is done can be a bit dodgy though - look at the mess it got Rangers into!
 
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I am not really into political arguments myself, but......... What is it that Thatcher did exactly to British manufacturing and the miners. Was it just not economically viable to produce the coal anymore as it could be brought into the country from cheaper sources? Regarding British manufacturing, East Asia just made it impossible for us to compete due to the low cost of producing things out there. Our car industry.......was it the Governments fault or was it the manufacturers producing sub standard products. How many British Leyland cars do you still see running around compared to German cars? Not many is it? The cars where unreliable when they came off the production line, let alone a few years down the line. But you still see 15-20 year old German cars running around. Not having a go at anyone who worked in the car manufacturing industry as it was your bosses that made you produce these cars to those poor standards.
 
DaveM said:
P.S. Just looked at your profile. Correct me if I'm wrong. But you do not have room to comment. As myself and the other tax payers on here. Appear to be keeping you at the moment??
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Bit OTT there Dave .. i think on reflection you may see that .. anyone who votes has a right to comment on government , good or bad , & any member of the forum has a right to comment on how they feel on here .. ok disagree however strongly you wish but hey ..


regarding the OP .. dude if you think we the ordinary folk are in anything together with the big guns you are sadly mistaken .. dufferent worlds mate different world ..
 
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I am another of the 'Thatcher was evil' camp. There is a big difference between fundamentalism and certitude. Thatcher was one of the former. For all those who think she was a great PM, could you remind me where the UK manufacturing industry is today? Also, she obstructed the chance of a settlement in NI and started the decline of the NHS through supporting the purchaser/provider split. Not to mention starting a war for electoral gain.

As for 'we are all in it together', what Cameron means is 'YOU are all in it together', meaning the peasants and the middle class. His special group of high flyers and crony capitalists are spared any inconveniences brought about by their criminal and reckless behaviour.
 
bladeplayer said:
Bit OTT there Dave .. i think on reflection you may see that .. anyone who votes has a right to comment on government , good or bad , & any member of the forum has a right to comment on how they feel on here .. ok disagree however strongly you wish but hey ..


regarding the OP .. dude if you think we the ordinary folk are in anything together with the big guns you are sadly mistaken .. different worlds mate different world ..
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Ok maybe abit OOT. For that I apologise. But It really got up my nose. As such it was said from the heart rather than the head. But my comment, about "That woman" stands." There is no possible way that a comparison can be made between bankers and miners.

As to who ever is was who commented(can not be bothered to look back, to petty) on the grammar grow up and stop splitting hairs. Comment from the heart transcend grammar.

The OP has a right to say whatever he wishes. As do I. This is a right I would defend above anything.
 
Ethan said:
I am another of the 'Thatcher was evil' camp. There is a big difference between fundamentalism and certitude. Thatcher was one of the former. For all those who think she was a great PM, could you remind me where the UK manufacturing industry is today? Also, she obstructed the chance of a settlement in NI and started the decline of the NHS through supporting the purchaser/provider split. Not to mention starting a war for electoral gain.

As for 'we are all in it together', what Cameron means is 'YOU are all in it together', meaning the peasants and the middle class. His special group of high flyers and crony capitalists are spared any inconveniences brought about by their criminal and reckless behaviour.
Click to expand...

Perhaps you need to look at how much some British industries were subsidised back then. And as to "starting a war." I thought the Argentinians started by invading the Falklands, or maybe she 'invited' them in so she could start a war...

As to the OP and Barclays Chairman; Barclays didn't take any bailout money. They either stood or fell based purely on their own performance. They performed well and have decided to reward the guy who led that recovery. At the end of the day the Treasury will do well out of Barclays success and HMRC will no doubt have a very good look at the remuneration package the guy has and will chase him for tax if its owed.

That said, the taxation system and the rich needs a serious look. Footballers, who reside in this country, earning huge sums set themselves up as offshore limited companies and with the aid of their employers pay less than 2% in tax.
 
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