Tom Profile
Tom

@Tom29143367

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2,187
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223
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A happy boater, global traveller, lawyer and businessman. Opera, Cricket and theatre. Investor & COM fan 🛢️🇬🇧

Joined April 2020
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@Tom29143367
Tom
1 year
Millennials like me are paying 42% tax on income from £12,500 and a whopping 51% on anything over £50,000. It is seriously undermining our life opportunities. And all for services we do not use and endless government waste. There must be a better way.
@CutMyTaxUK
Cut My Tax
1 year
The millennial generation - the late 20s to early 40s demographic - is "more hostile than average to the idea of government redistributing income" and it prioritises tax cuts "over the social justice it is often thought to be devoted to", says the @Guardian
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@Tom29143367
Tom
10 months
@timothy_stanley @JamesCleverly Could always marry one of the 75 million already here. Or emigrate to either the home country of the foreign spouse or another third country. Or earn enough not to be a cost to the rest of the taxpayers.
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@Tom29143367
Tom
2 years
@fesshole Doubt there’s a spoons at an airport - that would mean cheap beer. I’ll take that as a “didn’t happen” for 10.
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@Tom29143367
Tom
1 year
@taxologyin @historyinmemes The stock splits mean she now has 32,000… so 64x your number.
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@Tom29143367
Tom
10 months
@GoodwinMJ Only way to win back reform voters - a third of the Tory vote maybe more - is for Snakey Sunak to go and to bring in a Braverman. Cameron will have served a couple of weeks. He too will need to go.
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@Tom29143367
Tom
10 months
@emilyhewertson For every hater there is a fan (or several). Chin up @emilyhewertson ! Merry Christmas! X
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@Tom29143367
Tom
1 year
@PeteNorth303 Brexit brought back the power to succeed or fail on our national government. That they are pretty useless is not a failing of Brexit.
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@Tom29143367
Tom
1 year
@CutMyTaxUK @guardian This 100% is my view. I don’t want to steal money from other people, but nor do I think a 51% tax rate - for services I almost universally do not use and with huge government waste - is reasonable. I voted conservative as they promised no more taxes. They lied.
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@Tom29143367
Tom
8 months
@CutMyTaxUK Once they have destroyed the oil and gas industry, who will pay the tax those companies used to pay?
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@Tom29143367
Tom
1 year
@BellaWallerstei 606,000 net immigration and you want more? What????
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@Tom29143367
Tom
2 years
@JustStop_Oil Because they realise how pointless our virtue signalling really is.
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@Tom29143367
Tom
2 years
@RachelReevesMP 90% of shell’s production is outside Uk waters that you can’t tax or confiscate. The Tories have already stolen 75% of the profits of all oil/gas production in Uk waters. Which is why we have no energy security.
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@Tom29143367
Tom
9 months
@TerraOrBust I think it’s probably too late. They will be judged on their appalling record of pretty much going against every aspect of what people voted for. Highest taxes in 75 years, huge wasteful spending, services being useless and 745,000 net immigration a year.
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@Tom29143367
Tom
1 year
@RichardJMurphy It’s great to be taxed on interest paid that is less than inflation.
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@Tom29143367
Tom
2 years
@chaftastic @tomhfh Why would you “invest” if 75% of your profit is stolen?
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@Tom29143367
Tom
1 year
@peteratcmc Mrs Truss had the right idea just too many unfunded promises which upset the markets. With Riski we have nothing to look forward to, except most of his back benchers getting P45’s. Perhaps a few real tories will survive.
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@Tom29143367
Tom
1 year
@peteratcmc Getting their just reward for taking taxes to 75 year highs, their 600,000 net immigration and inflation at 50 year highs. Oh and wasting an 80 seat majority.
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@Tom29143367
Tom
1 year
@RichardJMurphy Shoving another £30bn into the housing market will be propping up unearned income, widening inequality and worsening inflation. Surely the govt could spend that £30bn in better ways if it levies such a tax.
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@Tom29143367
Tom
1 year
@NipseyHoussle Depends how much money they print buddy. Housing is at least a hard asset.
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@Tom29143367
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1 year
@FraserNelson Mr Market showing frozen tax thresholds, static real wages and benefits up 10% with sky high housing benefit claims have an effect. Strewth.
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@Tom29143367
Tom
2 years
@RachelReevesMP Until battery technology improves, your plan is dead in the water. Sorry that should read “if it ever improves”. How about you go talk to some guys in the energy sector? You’re going to be in government soon. You don’t want to promise the earth and preside over a disaster.
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@Tom29143367
Tom
1 year
@MarkVipond Shame the tories went back on all their manifesto policies then. No tax rises. Immigration in the “tens of thousands”.
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@Tom29143367
Tom
2 years
@BlearyEyedMan As a former conservative voter I think they need some time out of office. What have they done that was conservative? Taxes at 75 year high, windfall taxes on energy, 504k net immigration last year, small boats rolling in. Welched on Brexit.
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@Tom29143367
Tom
2 years
@BernieSpofforth Gotta get those inflation numbers up first. We’ve only had rookie numbers so far.
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@Tom29143367
Tom
2 years
@RichardJMurphy It would be like nationalising a type writer manufacturer in 1985.
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@Tom29143367
Tom
9 months
@EmergMedDr Junior doctors become senior doctors. What’s the pay like then? Is the worrying about hitting £1.2m LTA pension a dreadful concern?
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@Tom29143367
Tom
2 years
@RachelReevesMP They lost $25bn pulling out of Russia… then add in the costs of the pandemic when oil went to -$38 a barrel. You guys just hate business and want any excuse to tax more.
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@Tom29143367
Tom
1 year
@CityAM @moving_charlie Yes. Rates are still far too low. 4.5% versus inflation at 9%…
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@Tom29143367
Tom
1 year
@ericnuttall The greenie grifters are getting desperate.
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@Tom29143367
Tom
1 year
@RichardJMurphy They know the US has been raising interest rates and so unless they do the purchasing power of the pound will fall, adding to the cost of imports and keeping Uk inflation out of control.
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@Tom29143367
Tom
2 years
@NetZeroWatch Having stolen 75% of their profits, it will take a lot to rebuild trust in the Uk as an investable region. Especially while the Labour Party promise a “proper windfall tax” that is even worse than the current regime.
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@Tom29143367
Tom
2 years
@WifeyAlpha You and Kitty (I’m sure very politely) disagree. Fwiw China buying significant crude. One to watch.
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@Tom29143367
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1 year
@GRomePow At least make commuting costs tax deductible.
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@Tom29143367
Tom
2 years
Indeed.
@patrick_saner
Patrick Saner
2 years
Not sure people fully appreciate the extent to which a 20% price level increase in 18 months can undermine a society's social cohesion.
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@Tom29143367
Tom
1 year
@johnredwood Absolutely right. Amongst other things. It’s a terrible record and getting worse. Which is why voters are reaching for “anyone but conservative” in elections.
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@Tom29143367
Tom
2 years
@RichardJMurphy You can’t tax pension contributions on the way in AND again on the way out. It’s one or the other Richard.
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@Tom29143367
Tom
1 year
@BellaWallerstei Taxes at 75 year highs. No wonder the public hate the tories. Even Sir Beer Korma is a better choice.
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@Tom29143367
Tom
2 years
@thetimes There’s only one thing that links all of those relationships…. Her
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@Tom29143367
Tom
2 years
@Rob_Kimbell Join reform.
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@Tom29143367
Tom
10 months
@BladeoftheS The current cohort of pensioners have large final salary pensions especially if they worked in the public sector. They vote Tory because the graphic doesn’t include these.
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@Tom29143367
Tom
1 year
@Lordflashh3art Sounds like she was giving her minimum wage job as much effort as it deserved. We’ve all been young once.
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@Tom29143367
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1 year
@TheSecretAcct Tremendous. Now rates will have to rise further and it will take longer to bring down inflation. Good job chunty.
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@Tom29143367
Tom
2 years
@AvonandsomerRob Where he dropped the last pound in his treasury having spent it all on crap like HS2 and migrant hotels.
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@Tom29143367
Tom
2 years
@debbielowe9 @tomhfh Not true. It was pummelled due to inflation, rising interest rates around the world and energy price shocks. Unless you think all the banks going bust atm like credit suisse are truss’s fault? (They aren’t).
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@Tom29143367
Tom
10 months
@laraagibson Tits as big as your face though!
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@Tom29143367
Tom
11 months
@FUDdaily You write wonderfully well but what a sadly depressing post.
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@Tom29143367
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2 years
@BellaWallerstei Clarkson got sacked. See you Gary!
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@Tom29143367
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8 months
@INArteCarloDoss We are just bitter we didn’t join the bitconners a few years ago.
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@Tom29143367
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2 years
@mikeportsmouth You missed sky high taxes, being net zeroed into poverty and services that don’t work.
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@Tom29143367
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1 year
@emilyhewertson No point in going, until they stop HS2, overseas aid, cut public sector spending and cut taxes. I want a triple lock on personal allowance and basic rate tax thesholds now.
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@Tom29143367
Tom
2 years
@BellaWallerstei We will have no energy security and no taxes. More than a dozen oil companies are cancelling investments and pulling out. This is the laffer curve in action - there is no point investing in the North Sea when government is stealing 75% of profits there and it’s cheaper elsewhere.
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@Tom29143367
Tom
2 years
Royal Mail was losing £1m a day before the strikes. Where is the money for a payrise. All these workers need to start looking for new jobs while they are on strike.
@sandieshoes
sandieshoes 🇬🇧🇺🇸
2 years
Interview with CWU union. Dave Ward. The strike is primarily about Royal Mail changing their business model, trying to compete with an already overcrowded delivery market place. Unions want guarantees that nothing will change & they will keep their jobs. That’s not happening.
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@Tom29143367
Tom
9 months
@Lordflashh3art Lee Anderson needs to lead a large group of actual tories over to Reform. We desperately need a new Mrs Thatcher.
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@Tom29143367
Tom
2 years
@MattChr83 Agree with all except Boris. Green tax and spend lefty.
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@Tom29143367
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1 year
@cctvidiots She’s nicely stacked though 😍
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@Tom29143367
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1 year
@Ed_Miliband The climate lobby says power from wind and solar is cheaper than from fossil fuels, but that’s true only with generous subsidies and near-zero interest rates. Price adjustments that renewable developers want in New York would make solar and wind two- to five-times more expensive
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@Tom29143367
Tom
9 months
@LBC @NIAbbot Axe the Cellist.
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@Tom29143367
Tom
2 years
Eire 12.5% corp tax, Uk 19% rising to 25%. We are taxing ourselves into the ground. Laffer curve in action.
@afneil
Andrew Neil
2 years
Uncompetitive fiscal policies in Britain mean AstraZeneca switches plans for $360m new manufacturing facility from the UK to the Republic of Ireland, says its CEO. Had wanted to build new “state-of-the-art�� plant close to existing sites in NW England. But “tax rate discouraging”.
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@Tom29143367
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2 years
@CutMyTaxUK Meanwhile the Saudi’s are delighted as we pay them to import the stuff we used to produce ourselves, together with the cost to ship it around the world.
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@Tom29143367
Tom
10 months
@slvppy They both bore me with too many clothes.
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@Tom29143367
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1 year
@mikecosgrove Bank rates are still 6% behind inflation.
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@Tom29143367
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2 years
@GetJackCarter @afneil Why would you pay 50% more (and 100% more after the rate rises shortly) to be based in the Uk rather than Eire? Doesn’t need to be from big oil just needs to be sane.
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@Tom29143367
Tom
1 year
@notayesmansecon @HIP_Energy He did it because he thought it was popular. He’s now at 22% popularity. And investment in the North Sea is down 90%. What a waste of time that was.
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@Tom29143367
Tom
2 years
@RichardJMurphy Not really true when a lot of your “capital gain” is in fact inflation based and not actually any gain at all.
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@Tom29143367
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1 year
@INArteCarloDoss Would be good to see this thread on roaring meows…
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@Tom29143367
Tom
2 years
@blasianqueenxo @777liina That @777liina retweeted you. And that you had 10,800 tweets and only 32 of those were your pics or videos. Or 0.03% were new photos of you. Maybe you could post a bit more T&A.
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@Tom29143367
Tom
1 year
@briesmith How many other credit agreements can you sign before age 18? Add in a spot of mis-selling, intentional undermining of any graduate wage premium and something that was previously free.
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@Tom29143367
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2 years
@RachelReevesMP Couldn’t have equality between doctors and everyone else. Perish the thought.
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1 year
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@Tom29143367
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10 months
@DominicFrisby @UnleashedComedy He’s having a good time in the jungle!
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@Tom29143367
Tom
1 year
@briznrg @grantshapps Yes. But the tax revenue (currently 75% of profits) goes to the Uk so we can afford to spend more on services to the populace.
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@Tom29143367
Tom
1 year
@christopherhope It’s a good idea. You can’t hire a competent CEO or COO for £86k. I wonder if we would have better governance if the pay was a bit more compelling.
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@Tom29143367
Tom
2 years
@anasalhajji Very interesting thank you. You certainly present your conclusions very eloquently with substantive detailed reasoning. I am wondering when the lack of investment and well declines are going to hit home. Perhaps 2024 as demand picks up still more.
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@Tom29143367
Tom
1 year
@PeteNorth303 Harsh but fair. If Truss had matched tax cutting with cutting state spending or not giving tonnes of energy subsidies she’d still be here. Still. Not looking great for the economically right of centre.
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@Tom29143367
Tom
1 year
@Melissa5857 Who knew it was a call to action not an insult.
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@Tom29143367
Tom
2 years
@CGrassam @afneil I’d happily see you independent tomorrow and I’m English.
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@Tom29143367
Tom
1 year
@kelvmackenzie The more you tax the people that work and produce, the less of them will think it’s worthwhile. Which is why we have loads of folks faking illness on benefits.
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@Tom29143367
Tom
1 year
@briesmith Add on 9% student loan at £22k
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@Tom29143367
Tom
1 year
@GRomePow I don’t need to spend 2 hours a day commuting and the save the cost of it. I don’t even have children!
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@Tom29143367
Tom
8 months
@PeteNorth303 @Tobias_Ellwood is not only wrong but too cowardly to allow comments on his idiocy. No wonder the tories are being obliterated from both the left and right.
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@Tom29143367
Tom
1 year
@johnredwood He needs to cut spending as well, which he is unwilling or incapable of doing.
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@Tom29143367
Tom
1 year
@TheFigen_ Hang on. There are seedless mangos? 🤯
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@Tom29143367
Tom
2 years
@AndyGJBurge @tomhfh Good. The government stole their profits and the workers jobs. What a joke 75% taxes are.
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@Tom29143367
Tom
1 year
@premnsikka You missed off additional deductions of 9% student loan and 13.8% employers NI that the worker must also generate from their work. That said. The “speculator” is probably risking their capital. Not all ventures make a profit. Also inflation is a part of “speculation” profits.
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@Tom29143367
Tom
2 years
@LozzaFox @ScottStryver @GaryLineker What they say and what they actually do are two different things. Some of us remember their “tens of thousands” pledge that resulted in 504k net.
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@Tom29143367
Tom
1 year
@WOLF_Financial Much of this is excellent advice even without us going into recession. My best guess is we are not going to have a recession in 2023 though.
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@Tom29143367
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1 year
@financialjuice Is she planning to pay Saudi a couple of trillion to pump more?
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@Tom29143367
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1 year
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@Tom29143367
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1 year
@NipseyHoussle Marry a billionaire at 22.5
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@Tom29143367
Tom
2 years
@RichardJMurphy Standing up for the guy earning £1.4 million a year. Well done @RichardJMurphy !
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@Tom29143367
Tom
1 year
@CaroleF83262070 @arusbridger @polnyypesets @carolecadwalla Given her costs and £1.2m of his costs, she’s still about £2.5m out of pocket.
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@Tom29143367
Tom
1 year
It will come unstuck. Especially with higher interest rates which increases the cost of debt financing. Tip of the iceberg showing.
@StealthQE4
QE Infinity
1 year
Everything that’s wrong with America. This story just blows my mind. Highly educated professionals spending like drunken sailors.
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@Tom29143367
Tom
8 months
@BladeoftheS Waltzing over the rights of private property would make the Uk uninvestable, and lead to very rich lawyers under the compensation due under the international energy charter treaty. The Uk is signed up to this and a 30 year sunset clause. Very expensive call.
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@Tom29143367
Tom
1 year
@Femi_Sorry Thanks to the damages from Carole codswhalloper.
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@Tom29143367
Tom
10 months
@Lordflashh3art @SholaMos1 Oh come on. These are all A listers. All of these deserve to a path through to the final. Not like yesterday’s c list nobodies!
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@Tom29143367
Tom
1 year
@BellaWallerstei Brexit brought back the power to succeed or fail on our national government. That they are pretty useless is not a failing of Brexit.
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@Tom29143367
Tom
1 year
@briesmith It’s a tax if you want any half decent job. Let’s be honest.
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@Tom29143367
Tom
1 year
@GBNEWS Can’t see it. People will just give up at 50 and then spend all their money then throw themselves at the state. Why bother working if it’s that long until retirement?
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@Tom29143367
Tom
9 months
@BladeoftheS Makes a change from the tories ignoring the electorate entirely. This would actually be popular.
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