Hamilton hatred

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To answer the question : 2013 via a tax avoidance scheme - https://www.theguardian.com/news/20...-taxes-jet-isle-of-man-scheme-paradise-papers
Sold last year.

Facts are the facts, not trying to spin it either way.

As I said above, damn good driver, his off-track antics aren't related to the racing which is where my passion lies. I'm certainly not a Hamilton hater as per the OP, so unsure why you're pushing me on this, it's just an opinion from one bloke who's been watching F1 for 30+ years.

Stevenage or Geneva? Never been to either, couldn't comment.
 
Sorry, I’m not trying to single you out.

My point is that if any of us started getting paid £30,000,000+ a year we would be using every legal loophole available to make sure the tax man didn’t take half.

Moving abroad is a relatively straight forward and clear cut way to do that when you consider the creative accounting and dodgy “business expenses” some self employed individuals try and get away with.

Do I like it? It does seem a bit crap to have grown up in a country and legged it without “putting back” in to the country in a financial way but then I’m really not sure I blame him.

I think any of the top drivers with a sensible manager are using these kinds of advantages. I mean; when you can realistically move anywhere in the whole world and could afford multiple homes it is barely an inconvenience to set up “home” in Switzerland and live a jet set lifestyle.
 
Working in the public sector I probably have a slightly different viewpoint to some on taxation. The money to run the country has to come from somewhere. Not singling Hamilton out, it's rife everywhere. That's not a debate for the Motorsport forum though. ;)
 
MagicBoy said:
Working in the public sector I probably have a slightly different viewpoint to some on taxation. The money to run the country has to come from somewhere. Not singling Hamilton out, it's rife everywhere. That's not a debate for the Motorsport forum though. ;)
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How about multinational corporations and their management who pay little to no tax?
 
EVH said:
Let’s be honest, any one of us that had the opportunity would choose to live in a tax haven or legally avoid paying more than needed.
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I doubt I would move to a tax haven but I wouldn't remain in England.

Switzerland isn't the tax haven people think either although some kantons are much better than others.
 
arknor said:
Switzerland isn't the tax haven people think either although some kantons are much better than others.
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It certainly is, but not for the common man.

Investopedia said:
Contrary to popular opinion, Switzerland does not allow foreign individuals to live and bank in its borders tax-free. However, wealthy individuals can pay a low, lump-sum option on the money they bank inside the country, and the government considers their taxes paid. To simplify matters, the government bases the amount of tax foreigners owe on seven times their monthly rent.1 The country also taxes households, rather than individuals, and this simplifies, and sometimes lowers, taxation for wealthy couples.2 For the wealthy, this level of low taxation is viewed as an unparalleled benefit of living in Switzerland. It is important to note that these tax benefits are not available to individuals who relocate to Switzerland for employment purposes.
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EVH said:
My point is that if any of us started getting paid £30,000,000+ a year we would be using every legal loophole available to make sure the tax man didn’t take half.
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But in doing so, you forgo your right to preach to others about inequality.
james.miller said:
Working with Hugo boss and Mercedes makes him a hypocrite?
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Working for Hugo Boss, and Mercedes - then wearing a padlock around your neck does. Does the padlock represent black lives 200 years ago, or Jewish slaves 80 years ago?
 
Bug One said:
But in doing so, you forgo your right to preach to others about inequality.
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How so? Genuine question.

If you are rich, it doesn't mean you can't put your name or support behind work that benefits minorities, groups or individuals? Likewise, he isn't breaking any laws by moving to a country with a lower rate of income tax.

A quick Google suggests that Hamilton supports the following charities:

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He's also made a $500,000 donation to the Australian Bush fires in 2020. There may well be others, but I don't think calling him a preacher or a hypocrite is justified.
 
EVH said:
Having a private jet and moving to a tax haven is standard for the mega rich. Even Rubens Barrichello has a private jet :confused:
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Having a jet is fine. Telling the world he wanted to give up because 'the world doesnt care about climate change' whilst shmoozing around in a private jet however...

If you want a jet, buy a jet. nobody cares. But don't cry about global warming and pretend you aren't a part of the problem.

Bug One said:
Does the padlock represent black lives 200 years ago, or Jewish slaves 80 years ago?
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Either way, it's odd. I don't understand why Hamilton need to cling on to slavery. Not just Hamilton but anyone; Events that happened 200 years ago...why are they still current affairs? why can't we just learn from our mistakes and move forward? Draw a line in the sand and get on with your lives. I find it all pretty dreary to be honest. There are some questions that need to be answered like why white men who worked in the slave trade celebrated in modern day times, but I'm so done hearing how black people are so oppressed because of something they themselves have never experienced, and how privileged I apparently am because I'm white (if only). Live for now, let go of the past and work together to save this rock. That's my view on it, anyway.
 
Why do people go straight to hatred, it's going from zero to max on the language scale. I do think that he is a bit of a prat and showboats a lot. A mild dislike or irritation more than covers it.

EDIT, I suppose it alliterates but still.
 
EVH said:
When did he buy the jet? People move abroad all the time, because he’s chosen to move somewhere with less tax that makes him automatically bad?

I don’t know what he was paid in 2008 but I’d do the same. As would most of us? Stevenage or Geneva :confused:
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I don't think that's the issue, it's the preachy opinions that come across as "do as I say, not as I do" ie hypocrisy that rubs people up the wrong way.

I think that like a lot of hot-housed child prodigies who have gone on to be super-rich and super-successful, he's somewhat naive outside of his own field, and maybe sometimes a bit too self-important.
 
james.miller said:
Having a jet is fine. Telling the world he wanted to give up because 'the world doesnt care about climate change' whilst shmoozing around in a private jet however...

If you want a jet, buy a jet. nobody cares. But don't cry about global warming and pretend you aren't a part of the problem.



Either way, it's odd. I don't understand why Hamilton need to cling on to slavery. Not just Hamilton but anyone; Events that happened 200 years ago...why are they still current affairs? why can't we just learn from our mistakes and move forward? Draw a line in the sand and get on with your lives. I find it all pretty dreary to be honest. There are some questions that need to be answered like why white men who worked in the slave trade celebrated in modern day times, but I'm so done hearing how black people are so oppressed because of something they themselves have never experienced, and how privileged I apparently am because I'm white (if only). Live for now, let go of the past and work together to save this rock. That's my view on it, anyway.
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He sold his jet when he realised how hypocritical he looked. Do you buy from OCUK? The guy who started the business was as racist as they come. Boycott OCUK!
 
Kreeeee said:
It certainly is, but not for the common man.
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the cost of living in Switzerland is insane.
the cost of everything in Switzerland is insane.

they have wealth tax btw upto 1% depending on which kanton

the government bases the amount of tax foreigners owe on seven times their monthly rent.
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cheap 2 bed apartment is like 1500 euros ;)
in the UK you could probably expect an equal apartment for half that without being on the very edge of a city.

most people probably wouldn't be much better off financially unless they have amazing accountants which I'd imagine Hamilton does. although the quality of life is far greater than the UK so it's a no brainer if you can move there

were you the guy with the motorbike who lives there? in the dirty French part? :D

do they really tax households? my gf used to do my taxes and her own?

she said she did the same for her ex husband when they were married as well
 
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MissChief said:
He sold his jet when he realised how hypocritical he looked.
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It was the right move, imo. Although saying that, had he have attempted to offset the carbon emissions of the Jet and go neutral, plant a load of trees or whatever it takes, that would have been just as acceptable in my eyes. I'm not a monster and i don't expect everybody to live impeccably :p

Do you buy from OCUK? The guy who started the business was as racist as they come. Boycott OCUK!
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I think the last thing i bought from OCUK was my gtx970, so Jan 2015? Racism isn't the reason for that however and i wouldn't boycott them now for it either, that would make me a massive hypocrite after what I've posted in this thread, no?
 
james.miller said:
Having a jet is fine. Telling the world he wanted to give up because 'the world doesnt care about climate change' whilst shmoozing around in a private jet however...

If you want a jet, buy a jet. nobody cares. But don't cry about global warming and pretend you aren't a part of the problem.
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Shmoozing around? What do you want him to do? Drive around the world?

Hey Lewis it's back-to-back races again soon, yeah I might get there depends on the traffic Toto.
 
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