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Old 11.01.2019, 11:47
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Re: The Brexit referendum thread: potential consequences for GB, EU and the Brits in

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The gradual decline of the quality of life in the UK can be simply attributed to poor governance by greedy politicians and the love of giving massive tax breaks to the rich and to mega corporations, whilst privatising anything that is deemed unprofitable.
You believe that mug investors will buy unprofitable business's? It's the government that buys unprofitable business's to save jobs, remember the rescue of British Leyland?

In 1970 tax rate above 20,000 was 83% on earnings & 98% on investment income, there were few rich people. It was only after 1979 when Mrs Thatcher was elected, she cut regulation & cut taxes. The UK then attracted rich people to live & do business, without those tax cuts the UK would be very different today.
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