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Joined: Aug 2011
Posts: 8,564
1st Team Squad
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1st Team Squad
Joined: Aug 2011
Posts: 8,564 |
Its about time Rooney paid HMRC.
Far be it from me to accuse any United States corporation of any wrongdoing.
Accuse all you want if you have proof. Do you? Because you haven't mentioned any. No sources, no indication as to why you think this, just spewing random nonsense, and then going on about a player with tax troubles who never played for us. What on earth do Rooney's tax problems have to do with FSG or Liverpool? Rooney being told he can't deduct the losses in a film trust and getting a 5 million pound tax bill doesn't relate to FSG's records at all. From the way you are stumbling around, I'm not sure you understand anything about basic accounting or finance at all.
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Joined: May 2018
Posts: 343
Under 16 Player
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Under 16 Player
Joined: May 2018
Posts: 343 |
The Rooney example was there to show that there is one rule for the privileged and another for ordinary people.
How many years has Rooney dodged paying tax through legal means?
Of course this happens at the corporate level.
The Federal Reserve in the USA does not even get audited.
You work out the rest from your home in America.
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Joined: Apr 2010
Posts: 269
Under 16 Player
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Under 16 Player
Joined: Apr 2010
Posts: 269 |
I'm not really asking for much as I think we are pretty covered in defence (maybe 1 fullback more needed) and midfield. I jsut want 1 forward who can play across the front 3. Pepe was actually ideal but now we have to look for someone else. I dont see who is going to come in and fill in for mane or salah's goals if they get injured. Origi is decent but he is not nearly as good or prolific as those 2. We most definitely cant be placing our hopes in Brewster who hasn't even had a breakthrough season in the first 11 yet.
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Joined: Jan 2010
Posts: 22,926
Liverpool Legend
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Liverpool Legend
Joined: Jan 2010
Posts: 22,926 |
I'm not really asking for much as I think we are pretty covered in defence (maybe 1 fullback more needed) and midfield. I jsut want 1 forward who can play across the front 3. Pepe was actually ideal but now we have to look for someone else. I dont see who is going to come in and fill in for mane or salah's goals if they get injured. Origi is decent but he is not nearly as good or prolific as those 2. We most definitely cant be placing our hopes in Brewster who hasn't even had a breakthrough season in the first 11 yet. I think Shaq was bought to provide cover for Salah and I think it's good enough as long as Klopp deem him good enough. Our problem is really Mane who has probably played more than any player since the start of last season. Cover for Firmino as well is needed, but Klopp says Origi is the player the world wanted or something like that. He scored some very important goals at the end of last season to be fair, but a player the whole world wanted? I must have missed something, will watch closely starting tomorrow, as I am sure he will play with Mane out. Even if we count Brewster, our attack would be the thinnest ever, we used to have Sturridge, Ings or Solanke and they have been sold.
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Joined: Aug 2011
Posts: 8,564
1st Team Squad
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1st Team Squad
Joined: Aug 2011
Posts: 8,564 |
The Rooney example was there to show that there is one rule for the privileged and another for ordinary people.
How many years has Rooney dodged paying tax through legal means?
Of course this happens at the corporate level.
The Federal Reserve in the USA does not even get audited.
You work out the rest from your home in America. "Dodging" taxes through legal means doesn't mean not reporting income. That's just fraud, which is never legal. Anyone who employs an accountant is trying to lower their tax bill through technical navigation of tax laws. The case against Rooney didn't involve failing reporting income. He tried to claim losses though an investment, which (if done correctly in certain perimeters) is legal. Rooney wasn't lying about where his money was, he was just incorrect about how the investment vehicle he was using would be taxed. He reported it, the British government determined that he could not claim those loses, so they sent him a bill for the difference. They mentioned publicly that Rooney hadn't broken the law, he was simply in error and could not deduct those losses from his income. The other issue with the example is there's the obvious fact that he hasn't gotten away with it. How can you say there is one rule for the privileged and one for the ordinary in this case, when the British government has told the privileged person in no uncertain terms "Nice try, but that'll be 5 million quid." And even if he had gotten away with it, one player breaking the law is not evidence that completely separate individuals have. It's like saying that Jeremy Corbyn should go to jail for something Donald Trump did. They have literally nothing to do with each other, other than both being involved in politics. It's pretty clear you don't understand how taxes work. This is nonsensical whataboutism, and has nothing to do with your claim that FSG's figures are false. Do you have any reports you can cite? Are there specific figures in their books that you can point out irregularities in? If so, please share them, because that would trouble me. I would want to know that. For example, I have read reports that Barca have broken the rules for the Neymar transfer or Messi's salary. I have read about City and PSG having irregularities with the oil money from their owners, over-inflating sponsorship deals. I don't know if these reports are true, but there are claims pointing at specific figures and alleged misdoings. I know of no such reports regarding LFC or FSG. Or do you just not like the owners, and are calling everything they do incorrect or shady, just because it's them?
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Joined: May 2018
Posts: 343
Under 16 Player
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Under 16 Player
Joined: May 2018
Posts: 343 |
I never said Rooney didnt report income. Course he did.
Whst sbout the other years he used tax schemes for the rich?
I have never claimed FSG figures are false.How long is a piece of string?
The wife must have gone shopping today which has allowed you onto the net- to all our benefit!
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Joined: Aug 2011
Posts: 8,564
1st Team Squad
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1st Team Squad
Joined: Aug 2011
Posts: 8,564 |
I never said Rooney didnt report income. Course he did.
Whst sbout the other years he used tax schemes for the rich?
I have never claimed FSG figures are false.How long is a piece of string?
The wife must have gone shopping today which has allowed you onto the net- to all our benefit!
How much are the top clubs gaining from their deals with the manufacturers?
Is it possible they may be giving a figure which is not accurate?
And yes you did claim their merchandising figures weren't accurate, it's right here. 1) Rooney has nothing to do with FSG, and nothing to do with this thread. That you brought him up at all is very strange. If you aren't saying he didn't commit fraud, then why bring him up at all? 2) So the fact that he tried unsuccessfully once to use a some "evil" tax scheme, is evidence he's been successfully using others in the past? Sure that makes sense.  If it's been the same every year, than he would have been caught every year. Your logic is circular. 3) The way you describe these "tax schemes for the rich" shows a fundamental lack of understanding of how monetary policy works. The law isn't different for different people. Anyone is allowed to use such vehicles, they just make less sense if you aren't at a certain income level. Governments give tax breaks and incentives for lots of things, because they want to encourage certain kinds of consumer decisions. For example, I get a tax credit for the continuing education I am doing from my CFP designation. The IRS does this because if I get this advance degree, it is more likely that I will earn more money over my lifetime, which means more tax revenue for them, and a more educated populace. Similarly, a small business that is investing its revenue back into the business (i.e hiring another employee), they will have a smaller tax liability than if they just take that money as profit. They do this because more jobs is a good outcome for them, and they can tax the employee's new wages as well. Whether this should or shouldn't be done is another debate, but that has nothing to do with your original post. If his tax schemes were legal, your problem isn't with Rooney or FSG, it's with the government, and it has nothing to do with this thread.
Last edited by redordead13; 03/08/19 04:34 PM.
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Joined: May 2018
Posts: 343
Under 16 Player
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Under 16 Player
Joined: May 2018
Posts: 343 |
If a tax scheme is legal is hardly the point. The point is for the affluent to avoid paying taxes, which due to their wealth they should pay.
I have asked the question whether FSG records are possibly not accurate, however I have not said that they are false.
I believe the topic is Who should we sign?
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Joined: Mar 2011
Posts: 8,595
1st Team Squad
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1st Team Squad
Joined: Mar 2011
Posts: 8,595 |
That's pretty much what I think and ask for too AAR. It's a massive risk to eschew reinforcement in this window. We don't need to take that risk to the extent we appear to intend doing. Who knows, maybe we might get away it, but it questions our ambition. If we were keen enough to win the title we wouldn't be taking this unnessary risk.
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Joined: Jan 2010
Posts: 22,926
Liverpool Legend
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Liverpool Legend
Joined: Jan 2010
Posts: 22,926 |
That's pretty much what I think and ask for too AAR. It's a massive risk to eschew reinforcement in this window. We don't need to take that risk to the extent we appear to intend doing. Who knows, maybe we might get away it, but it questions our ambition. If we were keen enough to win the title we wouldn't be taking this unnessary risk. Exactly, we are not putting all chances on our side and hoping our front three stay fit. I am not sure whose idea it is, but we'll see if it was a good one, that said, financially in the short term at least, it's a great thing.
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