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Thanks FT, I was getting 2.49% and 2.33% on my calculator so tried it in excel too. My calculator is a bit tempermental, although of course these figures are rounded up.

I prefer sticking to PBT since the tax can be variable rates depending upon historic losses, plus various tax complexities which can make a one off variation in the tax rate. Overall though I think we agreed on the point being made icon_smile.gif

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Quote: vastman "No my friend what you are referring to is just one form of economics that being greedy capitalism.

What you are taking about is profit not cost, With the exception of a few core lines most Supermarkets can easily absorb a 10% increase and still make a huge profit. However they are greedy and so are most of there already wealthy shareholder who simply won't accept a drop in profits or dividends.

So let's be straight about this Tesco or whoever will never lose money even with a 10% hike in costs they will just make less profit. They are not willing to do this so they will pass that cost on to maintain profits to those who can generally afford it least - the customer.

That is basic economics in a market driven economy so spare us the platitudes please - we may be stupid but were not that stupid.'"


You highlight the problem well in that yes it is greedy capitalism. You also further highlight the problem by then advocating voting for UKIP as though they will somehow change that. icon_lol.gif

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Quote: wildshot "Thanks FT, I was getting 2.49% and 2.33% on my calculator so tried it in excel too. My calculator is a bit tempermental, although of course these figures are rounded up.

I prefer sticking to PBT since the tax can be variable rates depending upon historic losses, plus various tax complexities which can make a one off variation in the tax rate. Overall though I think we agreed on the point being made Do you know, I was just going to say that Wildshot. eusa_think.gif icon_biggrin.gif

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Quote: Wildthing "I assume you are being ironic with your first sentence?'"


Tbf he's got Victiman down to a T hasn't he?

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Quote: inside man "Thought better of you Ben.'"


Haha only playing - no offence intended icon_cheers.gif icon_wink.gif

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Quote: Adam_Harrison9 "You highlight the problem well in that yes it is greedy capitalism. You also further highlight the problem by then advocating voting for UKIP as though they will somehow change that.
Did I?

Where exactly.

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Quote: Adam_Harrison9 "Tbf he's got Victiman down to a T hasn't he?'"


Is that what you're reduced to these days sniping away from behind the bigger kids, very sad. c020.gif

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Quote: vastman "No my friend what you are referring to is just one form of economics that being greedy capitalism.

What you are taking about is profit not cost, With the exception of a few core lines most Supermarkets can easily absorb a 10% increase and still make a huge profit. However they are greedy and so are most of there already wealthy shareholder who simply won't accept a drop in profits or dividends.

So let's be straight about this Tesco or whoever will never lose money even with a 10% hike in costs they will just make less profit. They are not willing to do this so they will pass that cost on to maintain profits to those who can generally afford it least - the customer.

That is basic economics in a market driven economy so spare us the platitudes please - we may be stupid but were not that stupid.'"


Well said Vasty!! eusa_clap.gif eusa_clap.gif eusa_clap.gif

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Quote: Redscat "Well said Vasty!!
It's as if the fact he's completely incorrect doesn't matter.

The mentality of the Brexiteer folks. icon_lol.gif

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Quote: Hank Moody "It's as if the fact he's completely incorrect doesn't matter.

The mentality of the Brexiteer folks. Why ridicule the Brexiteers? I always thought we were proud in this country of our tolerance and democracy?

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Quote: JINJER " I always thought we were proud in this country of our tolerance and democracy?'"


As long as the vote goes the "right" way icon_rolleyes.gif

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Lefties and democracy don't get on too well Ginger, they prefer the stamping of feet until we get our own way and anyone who doesn't agree is a sexist homophobic racist sexist pig. You not been watching the BBC.

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Sorry but whats all this got to do with wakefield wildcats.

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Quote: inside man "Lefties and democracy don't get on too well Ginger, they prefer the stamping of feet until we get our own way and anyone who doesn't agree is a sexist homophobic racist sexist pig. You not been watching the BBC.'"


Not really, some crazies are like that but equally genuine racism etc needs calling out as unacceptable in society. United we stand, divided we fall and all that.

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Quote: newgroundb4wakey "Sorry but whats all this got to do with wakefield wildcats.'"


Nothing........

82 posts in 6 pages 
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Subscribe | Moderators: Admin, PopTart , kinleycat , Wildthing
82 posts in 6 pages 
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Subscribe | Moderators: Admin, PopTart , kinleycat , Wildthing



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