Reesmoggs...
I might disagree but get why people voted for leave..
But come on...the man is a complete and utter Twunt
Sorry....the rage was building..feel much better now I've said it
I get the same feeling of disbelief when I see that people have voted in any and every Tory MP to be honest.
I know someone who rates him as a politician.
I avoid talking about politics with this person.
> I don't understand who voted for Reesmoggs...
Looking at his constituency, rich people, farmers and biddies, at a guess.
"Jacob Rees-Mogg is the 6th most popular Conservative politician and the 13th most famous. Jacob Rees-Mogg is described by fans as: Admirable, Conservative, Confident, Cultured and Assured." Yougov
Does YouGov say how those of us who aren’t fans describe him? I think that would be more entertaining.
Maybe - next door consituency to mine, and yes it’s a well heeled area, but also the remnants of the Somerset coalfield, and lots of commuters into Bath. As far as the referendum result only 52/48 for leave - which for a rural area is not too strong a leave showing.
’MD’ from Private Eye is a local GP and will be standing against Rees-Mogg as an Indy on a pro EU ticket at the next GE - will be interesting to see what Labour do as they are usually a strong second in the seat.
> Maybe - next door consituency to mine, and yes it’s a well heeled area, but also the remnants of the Somerset coalfield, and lots of commuters into Bath. As far as the referendum result only 52/48 for leave - which for a rural area is not too strong a leave showing.
Aye, but the question was who voted for him, not who was misfortunate enough to have him as MP.
> ’MD’ from Private Eye is a local GP and will be standing against Rees-Mogg as an Indy on a pro EU ticket at the next GE - will be interesting to see what Labour do as they are usually a strong second in the seat.
Probably be stubborn, split the vote and f*ck it up on present form.
Reesmogg for prime minister!!
A true patriot , his Caymam isles company does not pay corporation tax and he has shifted his personal wealth to Eire ro save on taxes!
> "Jacob Rees-Mogg is the 6th most popular Conservative politician and the 13th most famous. Jacob Rees-Mogg is described by fans as: Admirable, Conservative, Confident, Cultured and Assured." Yougov <
Can't argue much about the last four qualities.
To be fair to the people of North East Somerset, nearly 11,000 so far have signed the petition for People’s Vote, at a guess they are not Rees-Mogg fans.
On Rees Mogg - the b@&&t@4d ought to be in the Tower of London - his personal wealth is structured to benefit to the max from a hard brexit. A clearer self interested plotting **** I have rarely seen.
Out of interest, I'm not defending the man, i couldn't care either way really, but how do you know that?
He may be referring to this: https://www.theguardian.com/news/2017/nov/09/brexiters-put-money-offshore-t...
Nothing illegal per se as yet, but most likely would be severely affected by the new EU regulations on financial transparency that come in next month and that Rees-Mogg and the other main drivers of Brexit seemingly have been extremely keen to avoid, to the extent of sacrificing the entire UK economy to achieve their continued personal and business financial secrecy.
Could the six dislikes please tell me what you see in the man? I am genuinely interested...
> Could the six dislikes please tell me what you see in the man? I am genuinely interested...
Maybe his forked tongue reaches past his eyebrows...
Fair enough - i haven't read the entire article, but is the gist he and his cronies have engineered brexit specifically to meet their own financial interests - manipulated an entire democracy new world order style?
Or is what they have done merely a reaction to the potential financial implications of brexit? If so what's the problem?
> A true patriot , his Caymam isles company does not pay corporation tax and he has shifted his personal wealth to Eire ro save on taxes!
Which is probably why he's so vehemently pro Brexit, as the EU are due to bring in some laws regarding offshore wealth and tax avoidance.
So your gonna tell us all who we should vote for ! The one that doesn't make any money and pays the most taxes ?
I'd also like to see evidence for your candidates qualities as well as proof of the accusations you made against that mogg guy ? 🤔
Am I right in thinking you want to use articles out of the guardian and proof / evidence ? 😂
Of course not. That would be stupid.
> He may be referring ...../www.theguardian.com/news/2017/nov/09/brexiters-put-money-offshore-tax-haven
That's classic pot and kettle for the guardian!
> To be fair to the people of North East Somerset, nearly 11,000 so far have signed the petition for People’s Vote, at a guess they are not Rees-Mogg fans.
This should of course be the Revoke petition.
> Probably be stubborn, split the vote and f*ck it up on present form.
Why stubborn? Do you think the opposition should just stand down every time an independent enters the fray? Surely any split vote is down to the new entrant....
I agree - the question is of course from a purely tactical perspective, who has the best chance of generating a Portillo esq moment of TV electoral magic - popular local GP with reasonable media profile or Labour candidate.
to the general “who votes for..” question - often people, sometimes quite smart otherwise, who just tick the part box and have no clue about politics.
My (poor) understanding is that people tend to vote for parties rather than people in GEs, rather than people, although technically, you are voting for a person.
Have you read the article?!
I'm hoping for JRM to become Prime Minister; he can then reinstate the feudal system so that all us serfs and vassals will know our place and be happy.
> Could the six dislikes please tell me what you see in the man? I am genuinely interested...
I wasn't one of the dislikes but I have degree of respect for him (though somewhat diminished in recent weeks). He's articulate and is always prepared to argue his corner in pretty much any forum, however hostile. He unambiguously defends what he knows are fairly unpopular opinions on contraception and abortion, even though he knows this is probably unwise from a purely political point of view. He's pretty well-informed, confident and convincing, and precious few prominent remainers have quite the same presence and debating skills, sadly.
I disagree with pretty much everything he says, and he isn't quite as well-informed on the technical details as he thinks he is, but a lot of people underestimated him and fell for the Honourable Member for the 18th Century thing. He is genuinely eccentric but he's admirably unembarrassed about it in an age when far too many of us care far too much about what others think about us.
There, that's the best I can do!
> A true patriot, he has shifted his personal wealth to Eire ro save on taxes!
I respectfully suggest that you, and those who upvoted your comment, do some research.
Consider for a moment that the Irish rate of Capital Gains Tax is 33% and the UK rate is 20%. Now that revelation might make it look as though you posted in undue haste if not for the fact the the whereabouts of JRM’s investments has only a minor bearing on his tax obligations. It is the residence of the asset owner which defines the regime under which he or she is taxed, not the location of the asset. He could send his money to Timbuktu but he would still be taxed in the UK, while a resident here. A fact which definitively consigns your observation to the bin marked “speculative prejudice”.
What makes your comment genuinely disappointing is the fact that, while the money that Somerset Capital Management moved to Eire may have included some of JM’s own, he and his partners set up an affiliate fund in Eire in order that the investment activities they carry out using many small and large investors’ money might continue to enjoy access to EU customers and institutions after Brexit. You could genuinely have criticised that move by denouncing apparent “hypocrisy”, although those of an alternative viewpoint would point out that this is nothing more than a business shifting with the circumstances.
One thing is clear, whether you find the restructuring of his investment firm distasteful or hypocritical, it is not advantageous in tax terms nor does it even have much to do with JRM’s own cash.
Will he be paying 33%?
"A person neither resident nor ordinarily resident in Ireland is only liable to CGT on gains from:[100]
Land and buildings in Ireland
Minerals or mining rights in Ireland
Exploration or exploitation rights in a designated area of the Irish Continental Shelf
Shares (not quoted on a stock exchange) deriving their value from any or all of items 1, 2, or 3
Assets in Ireland used for the purpose of a business carried on in Ireland"
Seems unlikely.
No. He won't be paying Irish tax at all, as I explained in my post in the discussion of "residence".
Which underlines the inaccuracy of the comment that he had moved his money to Eire to reduce his tax bill.
> Will he be paying 33%?
> "A person neither resident nor ordinarily resident in Ireland is only liable to CGT on gains from:[100]
> Land and buildings in Ireland
> Minerals or mining rights in Ireland
> Exploration or exploitation rights in a designated area of the Irish Continental Shelf
> Shares (not quoted on a stock exchange) deriving their value from any or all of items 1, 2, or 3
> Assets in Ireland used for the purpose of a business carried on in Ireland"
> Seems unlikely.
BnB is partially right, it doesn’t change anything directly for JRM in terms of tax.
What it does change though is the tax rate on any profits made on the back of the assets located in the entity in RoI. Which indeed will be lower than in the UK.
But that’s unlikely to be the main concern in this situation, because I strongly suspect that moving the assets to Ireland will result in higher costs which are unlikely to be offset by a slightly lower tax rate.
The main concern here, is most likely that they had to move those assets to make sure they can still serve their customers the same way after Brexit. Which does highlight JRM hypocrisy on the matter.
Another point is that his company, Somerset Capital, specialises in emerging markets. It could be argued that wrecking the UK / EU economy may incite some people to redirect their funds towards more exotic markets, which would be good for Somerset capital. So there is clearly a conflict of interest, but I doubt that this is JRM main motivation.
My best guess is just that he is an arsehole who’s happy ruining other people’s lives to pursue his pet nostalgic obsessions.
Some reference to his old man’s book, A Sovereign Democracy I think it might be called, would be illuminating.
Posted wrong link, meant to reference a better sourced article from the Independent that I now can’t find. There’s more truth in it than the FT trolls want you to think.
> Posted wrong link, meant to reference a better sourced article from the Independent that I now can’t find. There’s more truth in it than the FT trolls want you to think.
>
Must be the infamous pro-brexit bias of the FT......
I think I may have said before here (can't remember) but one of the problems with the epithet 'the Honourable Member for the 18th Century' is surely that they've chosen the wrong century. A far more accurate description would be 'the Honourable Member for the 16th Century'. The 18th century (well, 1688 onwards) was the time when we first starting making huge steps forward - deservedly called the Age of Enlightenment.
> The 18th century (well, 1688 onwards) was the time when we first starting making huge steps forward - deservedly called the Age of Enlightenment.
>
As far as I can tell:
His economics is classically liberal of the19th century
His values are classically 19th-mid 20th century Christian (RC)
His belief in the primacy of the nation state would have been considered utterly unremarkable anytime between 1700 and 1960.
You don't have to agree with his views. I often don't. But what makes him "pre-enlightenment"?
I'm not talking about whether I agree with his views, nor was I talking about his economics. Purely his politics. He seems to have a rather open contempt for parliamentary democracy as demonstrated the other night when he invoked Henry Tudor in his defence. I'd have to look that up now (but won't because I had to get out of my 'sickbed' to go to London on a very interesting assignment that I could hardly turn down, and am now tucked up in bed again).
I missed the Henry Tudor reference. Please let me know. I’ve always felt he had a somewhat exaggerated reverence for the Commons.
I hope you get well soon!
This week's Friday Night Video whisks us back to Val-David, Quebec, in the Autumn of 1958. Two daring young climbers embark on the ascent of a route that seemed unattainable, resembling a roof suspended in the air, defying all the conventions of the time....