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@kaizenhacker @The10minuteman @DennisCW_ No one isn’t saying the company isn’t benefitting. But it doesn’t change the time value of money - and rhat 0% financing is better than 1 or 2% financing

@Stake4z @The10minuteman @DennisCW_ The willingness for the average consumer to believe multi billion dollar companies give money away for free is a staggering. Every 0% loan benefits, the company giving it out.

Overheard in LA today: “I just got a 0% for 6 years on New Tesla Model Y” Other person: “daaaang , that’s free money! “

@kaizenhacker @The10minuteman @DennisCW_ But that doesn’t change the money being free. It’s like Apple offering 0% interest on iPhones over 24 months. The money itself is free - it’s no different than if you bought the car or phone outright and destroyed it after a day - it’s value has clearly diminished

@The10minuteman @Stake4z @DennisCW_ This presumes that lenders are dumber than the average consumer. They don’t give away free money. You buy a car and if the car is upside down in a year they still have their money and you have a loan with effective interest.

@kaizenhacker @DennisCW_ The money is free - not the car

@DennisCW_ 45-60% depreciation is definitely not free.

@markatodd @BellaWallerstei @AllisonPearson @grok In the EU VAT on school fees is illegal

@BellaWallerstei @AllisonPearson @grok For other European countries, list the vat paid and any incentives offered or refunds for going private

In Germany, if you send your children to private school, you can claim 30% of the tuition fees, capped at €5,000 per annum, per child as a tax deduction. Meanwhile Britain has become a country which punishes people for going private

@judeinlondon @SallyCarebear Why? NHS exists for both - why does it make 10x more sense for the security guard to have a gofundme than her?

@Stake4z @SallyCarebear It’s pretty self explanatory

I don’t understand what they’re fundraising for unless they think there’s private treatment that isn’t covered on the nhs. I hope this isn’t what I think it is.

@garethj57708138 @joemichalczuk They’re not subsidising - not paying VAT isn’t subsidising - it’s actually the other way round. Every kid who goes private school has a place at a state school they don’t use but parents pay for in taxes - by not using that place - there’s more money for schools per pupil

@joemichalczuk Why should ordinary working people who can’t afford to send their kids to private schools subsidise wealthy families who can’t afford????????

Out of all the decisions this government has made, this is one of the very worst (and it’s a long list) - simply because it was made without proper due diligence and driven by the politics of envy, chasing a cheap headline. It is a bitter, spiteful policy that shows no regard for the children immediately affected - not to mention the local economies that rely on these schools: teachers, caterers, sports clubs, cleaners, maintenance - the list goes on. As predicted, schools are closing, and more pupils are being pushed into the state sector, adding pressure and cost where the system is already stretched. Private education is one of Britain’s success stories. Countries around the world try to emulate these schools or send their children to them. So of course it makes sense that this government - which seems to resent British success - would want to undermine them with the stroke of a pen. Not only that - it has made private schooling MORE elitist. Eton, Harrow, the very top end - were always going to be fine, as were the families who can afford those fees. It is the mid-tier schools - and the aspirational families who stretch to afford them - who are taking the hit. The local tradesman, the local GP - the families for whom this was a genuine choice for their children. For them, that choice is now gone. Children have been pulled out of their schools. People have lost their jobs - all for nothing. This is a government that seems to hate Britain, its culture and traditions - and is determined to crush hope and aspiration within it.

@judeinlondon @SallyCarebear How?

@SallyCarebear That makes 10x more sense though

@billwells_1 @JayW132 A lot of UHNW paid fees upfront to avoid VAT, when their kids leave this advantage is gone, fees continue rising - fewer and fewer families can pay - more schools close - forcing more kids into the state system and claiming their already paid for place

@JayW132 This result looks odd. Can imagine introducing introducing VAT having a one off effect on implementation. But why does the cost grow over time? A more likely effect be that the impact effect of introducing VAT will fade over time as a new structural feature becomes permanent?

VAT on private school fees was pitched as a way to raise money for public services. New report: it's projected to cost the public £181m by 2038.

@SohumJShah @cc33_rl @michaelinioluwa @_lilaurora But so why is 1 billion this magic number which is automatically unethical?

@cc33_rl @michaelinioluwa @_lilaurora Where did I say she wasn’t supposed to collect the bulk? But her support staff should be better compensated If she made $800M instead of 1B and the rest was paid to support staff, she’d still be well off Do support staff get a piece of the 100M in annual royalties she collects?

When people say, no billionaire has “ethical wealth”? What exactly do they mean? JK Rowling became a billionaire from writing books. George Lucas made his money from creating Star Wars. How is any of these unethical?

@JavensHaven @justsaturnz @Cinnabar_Phos No but if someone is mentioned as being on the guest list of an event JE also attended and the guest list is in the files - it doesn’t actually connect them to JE despite their names appearing in the files

@justsaturnz @Cinnabar_Phos I mean that potentially is true, but are we just arbitrarily choosing who we think is and isn’t guilty of crimes based off of vibes?

@maxkarpis @CiccaAndre Well obviously- so what even is your point

@Stake4z @CiccaAndre Revolut disputes this, so the court will decide.

Revolut rolled out local IBANs in 10 EU countries, including FR, DE, ES - solving IBAN discrimination that EU (and Italian) regulators have failed to fix for years. Yet Italy🇮🇹 fined Revolut €1.5M for failing to explain every detail perfectly. How does that make sense?😂

@maxkarpis @CiccaAndre Yes and apparently failed once. It happens! Surprising - yes, but big corporations like all other companies should be forced to follow the letter of the law- not blindly trusted because someone else didn’t fine them

@Stake4z @CiccaAndre Yes, all I am saying is that Revolut showed 9 times that it knows how to read local regulations.

@maxkarpis @CiccaAndre You realise that countries have different laws and varying regulations? What’s fine is one isn’t automatically fine elsewhere

@CiccaAndre It was OK in the other 8 countries. I think they know what they are doing.

@EricEri57756381 @ScottGreenfield Diplomats famously are not - which is why the amendment makes their exception. It doesn’t in any clear language exempt illegals or foreigners or anyone else

@ScottGreenfield No shit everyone on our soil is subject to our criminal and civil laws you retarded jackass. But the 14th doesnt say "subject to the laws of the United States", does it you clown?

You're never going to believe why the US can arrest, prosecute, convict and imprison aliens, and even deport them. It's because they are "subject to the jurisdiction of the United States." Who knew?

@brianknotts @Nemesis_wanted @GideonTravail Yes the comma would very much be there. Maybe read up on grammar first.

@Nemesis_wanted @GideonTravail No. If that was what was meant, the comma after aliens would not be there.

If "subject to the jurisdiction thereof" simply means "diplomats," why didn't they just say that? I just can't get past that question.

@powercreek @JBlunt1018 A personal opinion of what is right or wrong doesn’t change reality - and doesn’t make one application better than the other

@powercreek @JBlunt1018 Obviously an American citizen by descent and if Paraguay has jus soli also a citizen of Paraguay, even thought I don’t believe unrestricted jus soli to be the best. I’m not denying the criticisms, but the law is the law, don‘t like it - change it.

To be President, you have to be a natural-born citizen (Article II, Section 1, Clause 5). Marco Rubio was born in the U.S. to non-citizen parents. So if SCOTUS rewrites birthright citizenship… does Rubio suddenly not qualify in 2028?

@powercreek @JBlunt1018 I understand your scenario completely but it’s irrelevant. The law in Finland is one thing, the law in the US is another. Whether I think the US law should change doesn’t make the law untrue or wrong - just different

@Stake4z @JBlunt1018 I'm trying to understand what you think is the right being asserted. Does the scenario I described make sense?

@powercreek @JBlunt1018 No it isn’t. Because regardless of whether you agree or disagree within law doesn’t change that laws or constitutional amendments existence, your opinion on it doesn’t stop it being correct. Don‘t like it - fight to change it

@JBlunt1018 It is a perfectly salient question, if one is really trying to drill down and understand the human right we are talking about

@jhisbetterthanu @timreay @HasAhmed_ Why don’t u ask most of Europe- they’ve figured it out and they don’t have leaseholds. Or the US with condos and coops

@timreay @HasAhmed_ Yes I’m sure it must be great getting c200 flats to agree on major works etc. the notion of a “freehold” flat is still hugely limited