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    Prince Andrew Lawsuit - a Tax Write-Off?

    en-GBMarch 02, 2022
    What is the estimated cost of the Prince Andrew lawsuit?
    How might public funds be affected by the lawsuit?
    What type of tax breaks do royals receive?
    Why do some consider public funding of the royal family unfair?
    What concerns does the speaker have about future taxes?

    • Royal Lawsuit Could Cost Taxpayers £12,000,000The royal lawsuit, potentially funded by public money, contradicts rising costs for entrepreneurs, creators, and the public.

      The Prince Andrew lawsuit, which is reportedly costing £12,000,000, could potentially be funded by public money through increased taxes. This comes at a time when entrepreneurs, creators, and the public are already facing rising inflation, cost of living, and increased taxes. The royals, including the Queen, receive special tax breaks and large payouts from the public purse through a sovereign grant, which has significantly increased in recent years. Some argue that this situation is fundamentally wrong and that the public should not bear the burden of funding such expenses. The speaker believes that this should not happen and that the royal family's financial arrangements should be reevaluated.

    • The royal family's income sources and potential tax exemptionsThe royal family may not pay corporation tax on their income from private estates, while the public funds their expenses. This raises questions about fairness and equitable use of public funds.

      The royal family, specifically Prince Andrew, may not pay corporation tax on their significant income from their private estates, while the public funds various expenses for the royal family. This includes estimated security costs of 200 million pounds and income from wind farms, private estates, and other sources. The Duchy of Lancaster, a private estate of the British sovereign, may be the source of income for Prince Andrew's settlement, which could potentially be offset as a business expense. This raises questions about the fairness of the current system, as the public pays taxes on their own property and income, while the royal family does not. The public's money may also be used to fund lawsuits against members of the royal family. It's essential to have an open conversation about the financial implications of the monarchy and ensure that the public's money is being used equitably.

    • Government Spending and Increased TaxesThe UK government's pandemic spending may result in increased taxes for citizens, including inheritance tax, and the overall tax burden is estimated to be around 70p per pound. This situation has caused concern for business owners and individuals, leading to discussions of leaving the country.

      The speaker believes the UK government's spending during the pandemic, estimated at 18.5 billion pounds, will lead to increased taxes for citizens, including an increase in inheritance tax. The speaker also expresses concern about the overall tax burden, which they estimate to be around 70p in every pound earned or spent. They believe this situation is unsustainable and have heard of business owners and individuals considering leaving the country due to high taxes. The speaker also mentions the historical practice of debasing currency to reduce debt as a cause of inflation. In essence, the speaker is expressing frustration over the perceived financial burden being placed on citizens due to government spending.

    • Monarchy's use of public funds for Prince Andrew's lawsuitThe monarchy could focus on fostering business growth and productivity to increase tax revenue instead of using public funds for lawsuits, which could raise ethical concerns and public dissatisfaction.

      The British monarchy could potentially use public funds to cover Prince Andrew's lawsuit costs, which some argue is a business expense using the Duchee of Lancaster's private estate. However, this approach raises ethical concerns and could contribute to public dissatisfaction. Instead, the monarchy could focus on fostering a thriving commerce industry by encouraging business growth and productivity to increase tax revenue and improve the economy. Inflation, while reducing the monarchy's debt, also erodes the value of people's money and adds to public discontent. The speaker emphasizes the need for transparency and fairness in the use of public funds and encourages viewers to share their concerns.

    • Focusing on productivity and economic growthPublic figures and institutions should prioritize increasing productivity and economic growth for the benefit of all, rather than competing for larger shares of public funds.

      Instead of fighting for a larger share of the public funds they receive, public figures and institutions should focus on increasing productivity and economic growth for the benefit of all. This was the suggestion made during the discussion, although it was acknowledged that not everyone in government may fully understand business and economics. Another intriguing point raised was the potential for Prince Andrew's legal payout to be written off as a business expense using public funds. This raises questions about the transparency and fairness of such financial transactions, especially when a significant portion of the income for the royal family comes from the public. The disparity between the substantial increase in the royal family's income from the public and the average wage growth was also highlighted, emphasizing the importance of ensuring that public funds are used effectively and equitably. Overall, the discussion underscored the need for better understanding of economics and commerce within government and the importance of transparency and fairness in the use of public funds.

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    Rob’s official website: https://robmoore.com/ 

    Facebook: https://www.facebook.com/robmooreprogressive/?ref=br_rs

    LinkedIn: https://uk.linkedin.com/in/robmoore1979

     

    See omnystudio.com/listener for privacy information.

    disruptive, disruptors, entreprenuer, business, social media, marketing, money, growth, scale, scale up, risk, property: http://www.robmoore.com

    Disruptors
    en-GBAugust 19, 2024

    Matt Le Tissier | From Football Hero to Conspiracy Theorist

    Matt Le Tissier | From Football Hero to Conspiracy Theorist

    Rob interviews football legend Matt Le Tissier. Matt discusses his controversial departure from Sky Sports, his views on lockdowns, and the changing landscape of football. From questioning media narratives to advocating for free speech, Matt talks to Rob openly and honestly about his thoughts on society and culture and his experiences during and after his football career.

    Matt Le Tissier REVEALS:

    • Why he lost his job at Sky Sports
    • His criticisms of the reporting of covid and lockdowns by British media
    • Why he ignored lockdown rules
    • The increased pressures on modern footballers
    • How to remain open minded
    • Why he retired from playing football
    • What makes someone a disruptor

    BEST MOMENTS

    "I think for the last six months of working at Sky, I felt a bit uncomfortable working there, frankly, given what the news channel was pumping out the whole time, with the propaganda."

    "I ignored lockdown rules. I saw my family because I saw the rules. The government ignored lockdown rules, didn't they?"

    "I think had Labour been in it, it would have probably been even longer lockdowns, quite frankly, from what I've seen."

    "Shit happens. Just get on with it."

    "I'm not arrogant enough to think that everything I say is, is true. It's what I believe. Is happening at the moment but if somebody could point me to some evidence that I'm wrong and I will actually look at that evidence."

    VALUABLE RESOURCES

    https://robmoore.com/

    bit.ly/Robsupporter  

    https://robmoore.com/podbooks

     rob.team

    Episode Sponsor - AG1

    Claim your exclusive offer of AG1 at the link below

    drinkag1.com/disruptors

    ABOUT THE HOST

    Rob Moore is an author of 9 business books, 5 UK bestsellers, holds 3 world records for public speaking, entrepreneur, property investor, and property educator. Author of the global bestseller “Life Leverage” Host of UK’s No.1 business podcast “The Disruptive Entrepreneur”

    “If you don't risk anything, you risk everything”

     

    CONTACT METHOD

    Rob’s official website: https://robmoore.com/ 

    Facebook: https://www.facebook.com/robmooreprogressive/?ref=br_rs

    LinkedIn: https://uk.linkedin.com/in/robmoore1979

     

    See omnystudio.com/listener for privacy information.

    disruptive, disruptors, entreprenuer, business, social media, marketing, money, growth, scale, scale up, risk, property: http://www.robmoore.com

    Disruptors
    en-GBAugust 16, 2024

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