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@littlegreydog3 Yes but the gain is taxed at a lower rate than if I invested my energy in work and made gains that way. Why? That's bonkers.

🐦🔗: n.respublicae.eu/catherinerowe

@littlegreydog3 No it's money the company or institution has brought in to pay me with, by selling its services or securing funds from donors etc.

🐦🔗: n.respublicae.eu/catherinerowe

@littlegreydog3 All tax is on money that's been taxed before- except that it isn't taxed at all if you're wealthy. Capital gains have certainly not been taxed before because they're just an increased value of something you sell.
The economy depends on taxing money every time it changes hands.

🐦🔗: n.respublicae.eu/catherinerowe

RT @BestForBritain: A good time to remind everyone of a time when Johnson did not seem to need anyone else to advise him that gatherings were not within the rules - a rule that Josephine (aged 7) got.

"We have all got to do our bit," he said, congratulating her for cancelling her birthday. ~AA

🐦🔗: n.respublicae.eu/catherinerowe

@_Soilleir_ @TX9191 @RichardJMurphy But how can you do that? It's not from selling capital if it's dividends.

🐦🔗: n.respublicae.eu/catherinerowe

Isn't it a bit odd that you pay less tax on unearned income and capital gains than on earned income? To increase the work force why not encourage work (and higher education), instead of taxing it as if it were a bad habit, and make living in idle comfort less profitable?

🐦🔗: n.respublicae.eu/catherinerowe

Sunak pays tax (a very low rate of tax relative to his income—somewhere around 22%). The little bit of tax he paid this year is equivalent to 64 years of carer's allowance. That's what we mean by an inequality and low wages problem.
RT @cozican007: @RussInCheshire As a full time carer, his rather small tax bill is the same as 64 YEARS of carers allowance.

🐦🔗: n.respublicae.eu/catherinerowe

RT @AdamWagner1: I think he was hopeless on justifying not correcting the record in months that followed (even today!) because however much he might have foolishly/recklessly believed advisors who were at the parties at the time, he was later advised differently and should have asked more widely.

🐦🔗: n.respublicae.eu/catherinerowe

RT @BestForBritain: 🔥🔥🔥 Sir Bernard Jenkin gets to the bottom of the "recklessly misled" charge and Johnson finally loses his temper completely, while his lawyers are desperately trying to whisper advice to him. ~AA

🐦🔗: n.respublicae.eu/catherinerowe

RT @Anna_Soubry: Clear to me that the Met did a rubbish job and considerably more FPNs should have been issued

🐦🔗: n.respublicae.eu/catherinerowe

"I can't understand why you don't see that wine bottles and toasts and farewell dos and that stuff are the necessary for our kind of work. The rules said you could do what was necessary for work. Wasn't everyone still having a leaving party and a motivate the troops party?"

🐦🔗: n.respublicae.eu/catherinerowe

RT @IanDunt: This was the event where there was no social distancing, people were 4-5 deep, against regulations and against guidance. It was when Johnson reportedly said it was "probably the most unsocially distanced gathering in the UK right now".

🐦🔗: n.respublicae.eu/catherinerowe

RT @IanDunt: He had to keep up morale, you see. Elsewhere in the country morale was absolutely fantastic in winter under lockdown. Everyone was having a whale of a time.

🐦🔗: n.respublicae.eu/catherinerowe

Well that should help people to see which side is the more honourable one to be on.
RT @UkRedacted: Boris Johnson will vote against British Prime Minister Rishi Sunak's Brexit deal, the @Telegraph newspaper said. @catherinerowett
reuters.com/world/uk/boris-joh

🐦🔗: n.respublicae.eu/catherinerowe

RT @skedeschi: In the UK we have low wages, which are then topped up with in-work benefits. Which means taxpayers are subsidising employers. Which means taxpayers money isn't used on things taxpayers need. This system is a direct transfer of public money to private hands.

🐦🔗: n.respublicae.eu/catherinerowe

RT @PaulBrandITV: Having read the bundle of evidence for today's Privileges Committee hearing with Boris Johnson, this is among the key paragraphs.

Martin Reynolds - his Principal Private Secretary - advised him not to tell MPs 'all rules & guidance was followed'.

Johnson said it anyway.

🐦🔗: n.respublicae.eu/catherinerowe

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