Some other economists would also talk in this context about asymmetric information, market concentration across market segments, sticky prices, moral hazards, freeloaders, different methods of measuring the general increase in prices, elasticity of demand / supply / price, trickle down economics vs quantitative easing, inflationary / deflationary expectations, market concentration, PESTEL forces on the market, competition, etc.
"As deflation becomes an economic reality...". Deflation will most likely not become an economic reality because it is incompatible with the fractional-reserve banking system. Short term deflation is possible as measured in CPI, but it wouldn`t necessarily translate into lower prices over the board due to the issues outlined above.
If he had income of at least £191,609.70 in his company, then how come the household income was only an average of £56,000.00? What costs could he possibly have had with his company that would bring his salary + dividends to only £56,000 per year? This assuming that his wife did not have any income during this time.
I believe that he did not declare any salaries at all under PAYE, or else the HMRC could have known that the household income is above £4,500 per year.
Can it not be proven that Mr. Douce had "a criminal lifestyle" and be subjected to enhanced confiscation proceedings?
My answers
SA302
Why not publish the SA302?
* capital gains
* interest income
* dividends from companies
* consulting income
* other employments
* foreign income
etc.
early 17th Century
East India Company?
Yeah, but
Some other economists would also talk in this context about asymmetric information, market concentration across market segments, sticky prices, moral hazards, freeloaders, different methods of measuring the general increase in prices, elasticity of demand / supply / price, trickle down economics vs quantitative easing, inflationary / deflationary expectations, market concentration, PESTEL forces on the market, competition, etc.
"As deflation becomes an economic reality...". Deflation will most likely not become an economic reality because it is incompatible with the fractional-reserve banking system. Short term deflation is possible as measured in CPI, but it wouldn`t necessarily translate into lower prices over the board due to the issues outlined above.
The sums do not add up
If he had income of at least £191,609.70 in his company, then how come the household income was only an average of £56,000.00? What costs could he possibly have had with his company that would bring his salary + dividends to only £56,000 per year? This assuming that his wife did not have any income during this time.
I believe that he did not declare any salaries at all under PAYE, or else the HMRC could have known that the household income is above £4,500 per year.
Can it not be proven that Mr. Douce had "a criminal lifestyle" and be subjected to enhanced confiscation proceedings?
He found God alright. The GOD OF MAMMON.