Jump to content

New Jurby Masterplan


Addie

Recommended Posts

  • Replies 90
  • Created
  • Last Reply

Why would a millionaire need grants?

If the government shares the vision for a successful enterprise, why not? Society will share in the success in due course in jobs and taxes. Enterprise grants will often go to millionaires because they are the most likely to accept the risk of new ventures. If one jurisdiction won't offer them, you can bet someone else will.

Link to comment
Share on other sites

 

Why would a millionaire need grants?

If the government shares the vision for a successful enterprise, why not? Society will share in the success in due course in jobs and taxes. Enterprise grants will often go to millionaires because they are the most likely to accept the risk of new ventures. If one jurisdiction won't offer them, you can bet someone else will.

 

 

But they already have the money to build such things without grants and society will still get jobs and taxes (and we all know how funny millionaires are about paying taxes).

 

Just feels like double dipping the tax payer to me.

Link to comment
Share on other sites

I can see the one "dip" - the grant. I don't see where it is a "double dip". The grant is an investment in the future of the society to attract inward investment.

 

Millionaire uses tax payers money built something (dip the first), then pays next to no tax through Notwell style aggressive avoidance (dip the second).

 

Net result being millionaire make a massive profit on taxpayers money.

Link to comment
Share on other sites

 

 

Why would a millionaire need grants?

If the government shares the vision for a successful enterprise, why not? Society will share in the success in due course in jobs and taxes. Enterprise grants will often go to millionaires because they are the most likely to accept the risk of new ventures. If one jurisdiction won't offer them, you can bet someone else will.

 

 

But they already have the money to build such things without grants and society will still get jobs and taxes (and we all know how funny millionaires are about paying taxes).

 

Just feels like double dipping the tax payer to me.

 

 

"and we all know how funny millionaires are about paying taxes" ......... nice smear tactics "manx"

 

Whats all this "we" ?

 

I would venture to suggest that perhaps not all millionaires are applying for grants and many are happy to paddle their own canoe , if only to refute scurrilous accusations made by green eyed little people (such as yourself perhaps) ,some of whom think the rest of us owe them a living.

 

Just out of idle curiosity are you a net contributor to the IOM finances?

Link to comment
Share on other sites

 

we all know how funny millionaires are about paying taxes

 

 

 

Contrary to popular belief millionaires actually pay an awful lot of tax.

 

In the UK:

http://www.telegraph.co.uk/finance/personalfinance/tax/11233686/How-top-3000-earners-pay-more-tax-than-bottom-9-million.html

 

 

And even under our tax capped regime, how many bottom end tax payers does it take to contribute as much as 50ish tax cappers?

Link to comment
Share on other sites

Archived

This topic is now archived and is closed to further replies.

  • Recently Browsing   0 members

    • No registered users viewing this page.

×
×
  • Create New...