On the contrary, the world doesn't "need" a tax haven but there will always be one.
Ireland is not even the biggest. Just check out Jersey, the channel islands or British virgin islands.

If they could corporations would not pay any taxes, funneling all income through loopholes.
At a point there needs to be some compromise like setting up HQ's in competitive regions eg Ireland

Ireland don't have a monopoly on low corporation tax any other well placed country could compete.

My specific point is that being within the UK, Scotland does not fully control its tax flows.
While being similarly setup to London (not the city of London)
or to Manchester.
Eg English speaking, secular, high levels of education
Edinburgh is similarly capable of becoming a global hub for business.
With one main difference. Property prices.

£100k will get you 5x or 10x the property in Scotland as it would in London.

Very attractive proposition if you were looking to setup an international headquarters.

The UK government knows this and they do not want compete with another player on their doorstep.
Vice versa their is huge potential for an independent Scotland in essentially competing with or even undercutting England.

Again, I actually don't agree with lower and lower corporate taxes. I do however see it as a means to an end of the union.

tbh lowering the corperate tax in england is something they CAN do.
also you can say all you want about ireland and corperate tax, but again someone already mentioned what they have elsewhere, and well, they tried to literally not have tax for the rich in england last week and were forced into a uturn. not sure but i think thats pretty much englandfor the rich english (conservatives). probably went down like a lead balloon.

This post was edited by ferdia on Oct 3 2022 03:15pm

They're doing great!

GBP drop tells another story. She royally fucked up with her upcoming policies. Markets don't trust UK to recover thus the low worth of GBP. They basically import everything related to food and parts. Living costs are going to become a hell for normal families.

borrowing is not the problem. how they spend the money is the problem. agree with the bolded.

Borrowing is a problem when it's not an investment into infrastructure which is going to yield more in near future.

completely agree. they want to borrow money to give to the people they want to give it to the most = the rich.
they want to invest in businesses that they deem suitable while forgetting all other businesses.
it amazes me they have not self imploded yet. i guess its like being boiled alive slowly. rather then a shock to the system its slowly being cooked alive.

It was generally agreed by most sane observers that Priti Patel was not great. A quick google "Why is Priti Patel the most trolled UK politician on Twitter?" throws up this:

"Patel lacks even an iota of human empathy. She would make ‘New Statesman' Tory hard man MP Alan B'Stard, the late great Rik Mayall, look like a wuss. She has screwed up so many times and continues to do so, yet the greased piglet keeps her on. Is it because she makes him look less shit. Hard to fathom tbh."

"I didn't know she was, but am not at all surprised. She seems to go out of her way to appeal to the nastiest instincts of the hard right tories. She is positioning herself to be the next PM and believes a hard right, vindictive and punishing agenda will get her votes. Consequently anyone with a conscience and a shred of humanity will be furiously trolling her. No one deserves it more."

feel free to google her legacy. In the meantime, out with the old, in with the new. From the Guardian: Think Priti Patel was bad? Suella Braverman wants to make claiming asylum near-impossible.

Suella Braverman (the new home secretary) has a “dream”. And what is it that she dreams of? Yesterday (04/10/2022), she let an audience at a Conservative conference fringe event in on one of her great political hopes: a Telegraph front page with a picture of a plane taking off to Rwanda. This, her big dream, is the stuff of many people’s nightmares. Later the same day, in her first major speech as home secretary, Braverman thanked Priti Patel for the “foundations” she had laid in toughening the immigration system, invoking the usual spectres of “illegal immigrants”, “low-skilled foreign workers” and “mass and rapid migration”. But she made it clear that she would go further, with plans to bring in the harshest, most damaging immigration environment yet.

Going one further than her predecessor, she committed to deporting anyone who doesn’t enter the UK through government-sanctioned routes. To rapturous applause in the conference hall, she waded further into the culture war and took aim at the ongoing legal challenges to the Rwanda policy, promising human rights legislation will not get in her way (similar position as the Brexit agreement i guess - a contract we signed is null and void when we say so).

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All of that to my mind is sticking to the narrative of migrants are bad, and if we solve the migrant issue we will forever prosper. The conservative party have championed this ideology of non-english people being not welcome, for so long, that its basically accepted by the masses in england now. It wont wreck their government, it may appease some of their people but it wont make any friends in the EU, and moderates with an open mind won't be sending her christmas cards. I dont expect any change in position/doctrine so I will move on to the next cabinet minister from here.

So far in the topic:

Liz Truss, prime minister - England for the Rich English Only

Thérèse Coffey, deputy prime minister and health and social care secretary - Really not much to say here, she has to somehow fix the NHS, a daunting task. She is open to getting staff from abroad (sensible).

Kwasi Kwarteng, chancellor of the exchequer - England for the Rich English Only

James Cleverly, foreign secretary - seems to be reasonable, but its a wait and see.

Suella Braverman, home secretary - England for the English Only.

This post was edited by ferdia on Oct 6 2022 06:33am

Liberal Democrat leader Sir Ed Davey has called for a general election in response to the news that Kwasi Kwarteng has been sacked as chancellor.

He said: "This mustn't just be the end of Kwarteng's disastrous chancellorship, it should be the death knell of the Conservatives' reckless mismanagement of our economy. It didn't suddenly start with Kwarteng but it must end now. "People are angry, fed up and worried about the future. Most of all they are furious that Conservative MPs seem to think this is an acceptable way to conduct the government of our country in these difficult times. "Enough is enough. It started with Boris Johnson failing our country, and now Liz Truss has broken our economy, it is time for the people to have their say in a general election."

One can feel a bit of pity for Kwasi Kwarteng noting he is in affect the fall guy here. I dont expect a domino affect with this sacking and I think Truss is safe, for now.

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Basically, conservatives are not mad that its england for the rich english only, but rather they got angry when they looked outside and saw it was raining, when good weather had been forecast. The problem for Lizz Truss now is that she can only play the sack card so many times before she herself will be on the chopping block. What she has to do now is somehow change her peers opinions of both her, and her plan for the country.

This post was edited by ferdia on Oct 14 2022 06:32am

Isn't the new chancellor, Jeremy Hunt, effectively being positioned by the party to take over as PM once they stage the inevitable coup against Truss? I'm just a foreign voyeur, but to me, it seems as if Truss' brand is already damaged beyond repair, that Tories realized the mistake they made by picking her over Sunak and that they're just trying to find a way to correct this mistake with as little bad PR as possible.