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Joined: Dec 2015
Posts: 5,936
1st Team Squad
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1st Team Squad
Joined: Dec 2015
Posts: 5,936 |
And Richard Branson can go fc..uk himself!
Lives on his own Private Island, doesn't pay a penny in taxes living offshore and reputed to be worth 4 Billion. Let's not forget he sued the NHS for £2m in public money in 2018 after losing out on an £82m contract to provide children’s healthcare services in Surrey.
He is now literally milking coronavirus for all it’s worth. Branson’s airline Virgin Atlantic has gone cap-in-hand to the UK government. The company is asking for £7.5bn in credit facilities for the airline industry. This is to shore-up its and other companies finances, as the fall-out from COVID-19 starts to bite.
He's also likely to ask for a bail out for his Virgin trains which has made £306m in dividends from the public purse since it formed over 22 years ago.
Socialism for the rich needs to be nipped in the bud in crisis like this. Privatising profits and socialising losses is despicable and has gone on for far too long. Treating company earnings as the rightful property of shareholders, while losses are treated as a responsibility that society must shoulder is reprehensible!
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Joined: Jan 2010
Posts: 22,926
Liverpool Legend
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Liverpool Legend
Joined: Jan 2010
Posts: 22,926 |
And Richard Branson can go fc..uk himself!
Lives on his own Private Island, doesn't pay a penny in taxes living offshore and reputed to be worth 4 Billion. Let's not forget he sued the NHS for £2m in public money in 2018 after losing out on an £82m contract to provide children’s healthcare services in Surrey.
He is now literally milking coronavirus for all it’s worth. Branson’s airline Virgin Atlantic has gone cap-in-hand to the UK government. The company is asking for £7.5bn in credit facilities for the airline industry. This is to shore-up its and other companies finances, as the fall-out from COVID-19 starts to bite.
He's also likely to ask for a bail out for his Virgin trains which has made £306m in dividends from the public purse since it formed over 22 years ago.
Socialism for the rich needs to be nipped in the bud in crisis like this. Privatising profits and socialising losses is despicable and has gone on for far too long. Treating company earnings as the rightful property of shareholders, while losses are treated as a responsibility that society must shoulder is reprehensible!
That would mean nationalising almost all companies given the depth of this crisis...communism/Corbynism then? Not saying it's right or wrong but this is probably the biggest question below the tip of the economic iceberg
Last edited by EnergisedReds; 05/04/20 03:43 PM.
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Joined: Dec 2015
Posts: 5,936
1st Team Squad
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1st Team Squad
Joined: Dec 2015
Posts: 5,936 |
These are unprecedented times Vish.
Big Companies cannot expect the tax payer to bail them out without them having to pay it back. The idea that Big Companies can still operate when this is allover without any financial burden is morally wrong, everybody else will be affected financially. There is probably the potential after all this is over, that those Big Businesses will have an even better landscape for them with less competition.
I wouldn't put it as nationalising, it will be interest free loans that Government have some sort of leverage to make sure they are paid back, hence the shares part. Besides some Big Businesses probably need to be nationalised because of the monopolised price gouging.
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Joined: Nov 2011
Posts: 1,542
Under 23 Player
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Under 23 Player
Joined: Nov 2011
Posts: 1,542 |
Why should they be pressured or forced into a pay cut? They're top level athletes at the peak of short careers. Many will never struggle financially and ethically you could argue they have a duty to contribute, but they should be lauded if they do, not derided if they don't.
They pay millions in taxes for the government to waste and it's their right to keep the rest if they choose. If they are to be lauded, they should equally be derided if they dont, complete logic Doesn't make any sense at all. They're being told they should, or have a duty to. They don't and staff are still getting paid.
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Joined: Jan 2010
Posts: 22,926
Liverpool Legend
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Liverpool Legend
Joined: Jan 2010
Posts: 22,926 |
Why should they be pressured or forced into a pay cut? They're top level athletes at the peak of short careers. Many will never struggle financially and ethically you could argue they have a duty to contribute, but they should be lauded if they do, not derided if they don't.
They pay millions in taxes for the government to waste and it's their right to keep the rest if they choose. If they are to be lauded, they should equally be derided if they dont, complete logic Doesn't make any sense at all. They're being told they should, or have a duty to. They don't and staff are still getting paid. Why doesn't it make any sense, are they not part of the society, I think a lot of people would have wished they volunteered, and we all know how indecent their salaries are. If they play it selfish (they have the right to do so) I see no harm that the society put some pressure.
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Joined: Mar 2016
Posts: 6,054
1st Team Squad
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1st Team Squad
Joined: Mar 2016
Posts: 6,054 |
For me this is just the popularist vote, footballers and clubs do allot for their local communities, allot is not heard about, they should not be shamed into funding the likes of the NHS, out taxes should do that, as administered by the government of the day.
The government are using this as a distraction, they should be answering why the likes Branson and Dyson are getting bail outs when they have made huge profits in the past and dodged taxes, same go's for allot of the business/bankers etc that are in bed with the government, they are not being asked to dig deep into their billions offshore to support their own businesses. Someone from the press should ask the ministers at the press conferences what they are doing to go after their fat cat mates, it's not the footballers that are the biggest issue, but it keeps the press/people distracted with stupid headlines and debates, job done.
Next year we'll get all the CEO's stood on their mansion/castle doorsteps giving us all a round of applause at 8pm rather than a pay rise !!!!
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