Shums Cassim

@I_amMukhtar @Slackonbothsydz Absolutely nothing behind the eyes.

@Slackonbothsydz He comes across cold hearted

Faiza Shaheen cooked the executive vice chair and head of Palantir Technologies UK.

@JamesGhani @CrispinShow @TuckerCarlson @vicderbyshire Yes, disappointing to see that.

@CrispinShow @TuckerCarlson @vicderbyshire Carlson owning the once mighty BBC. He confirms Newsnight as the whimpering second-rate current affairs broadcaster many of us have known in recent years. Disappointing to see the demise of the once steadfast Derbyshire.

ANTI-SEMITIC SMEAR CALLED OUT ON THE BBC! @TuckerCarlson to @vicderbyshire 'I've been in the business longer than you and I know what a slur looks like - and you're attempting to call me an anti-Semite in a passive aggressive way.'

@rationalaussie 🎯

People say that Australia is fucked, and in many ways it is, but Europe and the UK are turbo fucked. Like literally civil war levels of fucked. Non-peaceful outcomes are all but guaranteed there. Australia is at least blessed with natural resources and has ample food production. Yeah the government is retarded - incredibly retarded - but removing a retarded government is a lot easier than trying to unfuck a shit geography with scarcity of energy/food, and remigrating a couple million immigrants is a lot easier than remigrating tens of millions. We are also an island, completely isolated from the rest of the world. It's actually pretty fucking difficult to get here, and the fact the government has managed to facilitate importing so many immigrants that no one wanted is a testament to how utterly retarded they are. Hard times are coming, but Australia is a better country to weather the storm than just about anywhere else right now. Everything is fucked anyway so you have to choose the country that is least fucked. Many went to Dubai, look how that's played out. Many went to Europe to chill - okay have fun when the war kicks off there. Many went to Asia to be a digital nomad - be careful what you wish for, you're now a permanent digital nomad with no way to get home because they are already out of fuel. The point I am trying to make is this: Life is a game of tradeoffs, and optimising for wealth creation is not always the best decision. Most of the time it's not, actually. Many people are still looking through our world with a financial lense, not realising that all that matters now is survival, both literally and figuratively. We are entering a period of peak chaos. The range of possible outcomes is extremely wide. The path is not clear. Many different things, all path dependent, could happen. In times like this you shouldn't optimise solely for wealth creation, you should optimise for survival in all realms: make sure your portfolio lives to see another day sure, but also make sure you're not gonna end up stuck in some shithole country when the missiles start firing just because you wanted to pay 10% less tax. Because honestly a lot of this shit misses the point: If you have internalised where we are in history, as well as where things are going, most of your work, money etc - it's all pointless. Capital controls are coming, as well as heavy taxation, meaning the government is going to steal all your money anyway to save themselves. And if you somehow make it through that, because you're a Bitcoiner, you're still gonna have to navigate a future where AI + robotics takes every feasible job. So yeah, none of it really matters. Not from a doomer perspective, but from the perspective that you should play the hand you are dealt and roll the dice as you see fit. My mental model of this is to act like it's all a video game, because it probably is. Treat things both lightly and seriously. Work hard if you enjoy what you do but not hard enough that people can tell you are working hard. It should all look like play - that is life.

@trevgoes4th @wengerthegoat @LdotNatalie So you’re saying hardly anyone in the US goes bankrupt from medical debt?

@wengerthegoat @ShumsCassim @LdotNatalie it's weird because the Guardian say that but no one IRL seems to know anyone who it happened to

People are rubbing their feet together with glee at the thought of Brits in Dubai coming back to the UK. That’s why they moved, because you’re all weird 😭

@trevgoes4th @wengerthegoat @LdotNatalie The Guardian

@ShumsCassim @wengerthegoat @LdotNatalie so you read it on here?

@wengerthegoat @LdotNatalie @trevgoes4th Yes wage growth in real terms has totally stagnated in the UK.

@ShumsCassim @LdotNatalie @trevgoes4th Definitely agree with you about medical debt. However, £70k in the UK vs £160k in the US. Family healthcare plan costs in the US are about £7k. Rent in London isn't too far off that in NYC. Therefore, I would say for what I do, pre-tax I should be paid ~ £110k at the very least.

@trevgoes4th @wengerthegoat @LdotNatalie I don’t know anyone personally.

@ShumsCassim @wengerthegoat @LdotNatalie Who do you know that went bankrupt over medical debt and why didn’t they buy insurance

@JohnWight1 I think it is legitimate to be concerned about a sudden influx of military-age social media influencers and crypto-scammers

Britain is about to be enveloped by another refugee crisis. We can’t afford these rich hooligans. We simply don’t have the capacity.

@wengerthegoat @LdotNatalie @trevgoes4th Yes people here should paid more across the board but US professionals have commanded higher salaries than their UK counterparts for a long time. But…their expenses are higher eg education and thankfully nobody here goes bankrupt because of “medical debt”.

@ShumsCassim @LdotNatalie @trevgoes4th Do you not get that people would be happy to pay tax in the UK if we were paid well? There is NO WAY a hospital doctor should be on £60k or a surgeon on £120k saving lives or that someone at my rank in the US gets $200-240k and I get £70-75k. The UK is now a 2nd tier country.

@wengerthegoat @LdotNatalie @trevgoes4th I agree with what you say here apart from the first bit.

@ShumsCassim @LdotNatalie @trevgoes4th Therefore it isn't tax dodging. It's the fact that the UK is sold out to corporations, the people here are passive, accept low wages, productivity is low & brexit ruined the ability for firms to stay competitive & pay high wages. Moreover, the £ has weakened a LOT since brexit

@wengerthegoat @LdotNatalie @trevgoes4th I was not aware of this but sounds plausible.

@ShumsCassim @LdotNatalie @trevgoes4th You do realise that the gross salary of someone in the UAE for the same job is higher than the gross salary in the UK. Moreover, a UK professional is ranked one level higher in prof services if they go out there. So the amount of money they can pay is higher, not just due to tax

@terrychristian @DrAlakbarov They need to go to the first safe country…

We don't want any of you tax dodgers coming over here as refugees from war torn countries

@wengerthegoat @LdotNatalie @trevgoes4th I did not use the word “evasion” which is a technical term. But I have inadvertently riled up “Tax Dodging Twitter”.

@ShumsCassim @LdotNatalie @trevgoes4th You don't need to be a CTA to provide the view I did. Tax compliance is part of every single accounting qualification. Also, you don't even need to be an accountant. You have no idea what you're talking about. Moving to another country to earn abroad is not tax evasion

@exitIiquidity @trevgoes4th @LdotNatalie I seem to have struck a raw nerve ☺️

@wengerthegoat @LdotNatalie @trevgoes4th So not a tax accountant.

@ShumsCassim @LdotNatalie @trevgoes4th I am a chartered accountant but no longer work as such. I work for a global MNC producing 3-5 year plans, market sizing, etc.

@AndrewBartley @trevgoes4th @LdotNatalie Are you a tax lawyer or accountant?

@ShumsCassim @trevgoes4th @LdotNatalie It’s pretty established they do not pay tax on non uk sourced income.

@boblak987 @LdotNatalie @trevgoes4th Chilling in the underground car park

@ShumsCassim @LdotNatalie @trevgoes4th That’s exactly why I moved. Enjoy paying tax whilst I’m chilling on the beach everyday spending what I would have in tax on things I actually want 😂

@wengerthegoat @LdotNatalie @trevgoes4th Are you a tax accountant/ lawyer?

@ShumsCassim @LdotNatalie @trevgoes4th Dumbest comment ever. If your income is derived from foreign work & you are based in a foreign country, there is no country in the world that makes you pay your birth countries tax except the US because that's preposterous. Tax residency is legitimate & completely moral.

@AndrewBartley @trevgoes4th @LdotNatalie Are you a tax accountant/ lawyer?

@ShumsCassim @trevgoes4th @LdotNatalie Anyone that moves anywhere else doesn’t pay uk tax! What do you have to say about people moving to say jersey? I gather Antigua is nice too!!

@trevgoes4th @LdotNatalie They don’t want to pay tax in the UK!

@ShumsCassim @LdotNatalie how are they dodging tax if they don't live in the the UK? there are no taxes due