You are right Kristian. Of course building anything that’s got a market waiting for it can and will lead to work and profit and teas it’s not really magic it’s just good sense and basic economy 1.01. Anything to encourage or make that happen fast is ideal. But really our magic ‘money tree’ is already out there! I read that if you could count all the pounds sterling in the world it would total around £19 trillion pounds. So we should not be short of money on our ‘tree’! It’s much more than we think. Yet the amount of that being spent within our daily economy is a mere fraction of that vast astronomical amount. It’s so low that we cannot take enough in tax to pay our way as a country. Let’s look at some figures to show that. At present our government has a tax income of around £800 billion per year and spend around £1100 billion per year. So no wonder we have borrowed to bridge the gap. So much the government owe £2.8 trillion pounds that’s 2,800,000,000,000.00. And counting!!! But against the amount of sterling money out there our spending gap is minor! So we not be able to pay back the 2.8 trillion, nor even the interest on it. But we can surely fill the gap of £300 billion pounds if we shake that ‘money tree’! Not by building houses per say but, by making some more or all of that £19 trillion pounds sterling that’s already out there, to be spent to ensure sufficient tax revenue is achieved each month and year! By making all that money move and rotate his spending can easily achieve the extra 300 billion the exchequer needs to break even! It’s not a magic money tree nor is it rocket science Kristian. One is not real and the other is very complicated to consider. Our economy is much easier to understand if you consider how tax is triggered? When you view a pie chart of the governments tax income it shows that income tax is roughly a quarter and NIC is half as much again. But combined they are less than half of the total pie. That means the remaining taxes that they say is not based on wages, it is therefore made on spending in the economy brings in over half! It’s about 60/40 ratio in Facey of tax take not on wages. So by deduction, more tax revenue or more tax income for the exchequer is in fact collected on our economy via ‘spending’ money! Now that’s their figures. ….( I happen to believe income tax and NIC is not paid by employees! It’s in fact paid by employers ‘spending’ in wages in our economy so in my eyes all tax is as a result of ‘spending’. I know that because you don’t pay any tax, none, on money not spent!) ….. so the whole pie chart is income to the exchequer but interestingly all ad a result of ‘spending’!!!!! So in other words it’s the money not spent in our monthly economy that is presently unused and unspent is also untaxed! And that’s the vast majority of the £19 trillion pounds out there in the world! So my advice to you and the government is not to cut benefits but increase them! Increase pensions too! But also make working worth it by doubling wages! And do this how? …. Well it’s very easy, make those who hold all that £19 trillion pounds to spend it! It’s that simple! Spend it all and make that money revolve not by taxing but by spending! Let them enjoy the fruits of work by enjoying it! All of it! Thus making the economy grow instantly to such a degree it will be a tsunami of money and with it taxes that will flood the exchequer with so much money, benefits can double, wages can sky rocket and we won’t need to be taxed anything like now, indeed I suspect all we will need is vat on all that spending! How, by reintroducing exchange control regulations making money stay in UK. And put a ‘spend by date’ on part or all of our money so it ensures money is spent and sufficient tax is triggered. It’s not a “magic money tree” no, it’s a “spend by date” that we need! Surely you agree Kristian?
You are right Kristian. Of course building anything that’s got a market waiting for it can and will lead to work and profit and teas it’s not really magic it’s just good sense and basic economy 1.01. Anything to encourage or make that happen fast is ideal. But really our magic ‘money tree’ is already out there! I read that if you could count all the pounds sterling in the world it would total around £19 trillion pounds. So we should not be short of money on our ‘tree’! It’s much more than we think. Yet the amount of that being spent within our daily economy is a mere fraction of that vast astronomical amount. It’s so low that we cannot take enough in tax to pay our way as a country. Let’s look at some figures to show that. At present our government has a tax income of around £800 billion per year and spend around £1100 billion per year. So no wonder we have borrowed to bridge the gap. So much the government owe £2.8 trillion pounds that’s 2,800,000,000,000.00. And counting!!! But against the amount of sterling money out there our spending gap is minor! So we not be able to pay back the 2.8 trillion, nor even the interest on it. But we can surely fill the gap of £300 billion pounds if we shake that ‘money tree’! Not by building houses per say but, by making some more or all of that £19 trillion pounds sterling that’s already out there, to be spent to ensure sufficient tax revenue is achieved each month and year! By making all that money move and rotate his spending can easily achieve the extra 300 billion the exchequer needs to break even! It’s not a magic money tree nor is it rocket science Kristian. One is not real and the other is very complicated to consider. Our economy is much easier to understand if you consider how tax is triggered? When you view a pie chart of the governments tax income it shows that income tax is roughly a quarter and NIC is half as much again. But combined they are less than half of the total pie. That means the remaining taxes that they say is not based on wages, it is therefore made on spending in the economy brings in over half! It’s about 60/40 ratio in Facey of tax take not on wages. So by deduction, more tax revenue or more tax income for the exchequer is in fact collected on our economy via ‘spending’ money! Now that’s their figures. ….( I happen to believe income tax and NIC is not paid by employees! It’s in fact paid by employers ‘spending’ in wages in our economy so in my eyes all tax is as a result of ‘spending’. I know that because you don’t pay any tax, none, on money not spent!) ….. so the whole pie chart is income to the exchequer but interestingly all ad a result of ‘spending’!!!!! So in other words it’s the money not spent in our monthly economy that is presently unused and unspent is also untaxed! And that’s the vast majority of the £19 trillion pounds out there in the world! So my advice to you and the government is not to cut benefits but increase them! Increase pensions too! But also make working worth it by doubling wages! And do this how? …. Well it’s very easy, make those who hold all that £19 trillion pounds to spend it! It’s that simple! Spend it all and make that money revolve not by taxing but by spending! Let them enjoy the fruits of work by enjoying it! All of it! Thus making the economy grow instantly to such a degree it will be a tsunami of money and with it taxes that will flood the exchequer with so much money, benefits can double, wages can sky rocket and we won’t need to be taxed anything like now, indeed I suspect all we will need is vat on all that spending! How, by reintroducing exchange control regulations making money stay in UK. And put a ‘spend by date’ on part or all of our money so it ensures money is spent and sufficient tax is triggered. It’s not a “magic money tree” no, it’s a “spend by date” that we need! Surely you agree Kristian?