!!!!!! - Clown to raise the top rate of tax to 45%

stephen163

mitchaa wrote: »

At the moment the PA is £6035, so if it were to rise to £10k how can anyone lose out? Everyone would gain

Set PA at £10k, tax the next £30835 @ 20% and anything over that at 40% then no-one would lose out or am i missing something blindingly obvious?

I would go as far as giving a £15k PA and scrapping the WTC/CTC/CB for those who are in employment.

I forgot to mention that the flat tax rate in this calculation is set at 30%

lostinrates

Gorgeous_George wrote: »

I'm on less than £30K and get nothing. Worked since 16 and had nothing given to me. Happy that what little I have has been earned.


GG

Have you checked your entitlement, ar you entitled to anything? I haven't checked, I doubt I am because of savings, and feel the same way: I don't want to be 'given' money.

I DID get stuff given to me, my parents put a lot into my under 16 education which was broad, and would have continued this into 6th form but I chose another route and felt able to do so myself financially. I also 'got' a years state education a year later(for a levels) and the bit I didn't contribute to me university fees (when I went it was the first payment year I think, so I think it was £1k for fees, barely scratching the surface of the cost of th provision of education). Oh, and I had a benefactor who got me in front of doctors who saved my life and stood a huge amount of the costs of that too. So, it would be wrong of me to pretend I was given nothing, but the money I have accrued is earned. My parents now house me, so theoretically I cost them the better price they could acheive from a lodger. (but nothing else...I contribute and inccur no bills for them). Incidently, my parents have also received nothing in inheritance or 'gifts' and I am most proud of my father who left school very early and has acheived a lot by graft. (oh, hang on, thats not true, my gran DID leave my dad some money, but not a huge amount, a lot, rightly, went on her care provision, which thankfully was pretty luxurious, she and my granddad had worked hard too)

Acheivemnt and money in the bank does not necesarily come from being given stuff.

Kenny4315

For once this ain't a bad idea ..... well pretty good for those two muppets anyway, Mr Clown and his Darling.

I have dealt with loads of guys on £150k plus and most have been absolutely useless, and rely totally on the middle managers to get the work done while they are in fairy land.

More often than not they mess it up and walk into another position on the back of the old boys network.

Look at the banking fiasco .... there is virtually none of these muppets that are worth the sort of cash they are being paid.