Tax the poor - not the rich

Tr@cker

There has to be pay differentials but without REAL regulation you get w@nkers like Fred Goodwin gambling with OUR money-he's fairly rich and gets 13k a WEEK pension.

What would you do about people like him TWH ?

Rich people can afford to pay clever tax lawyers anyway to avoid tax we're too greedy and selfish in this Country. personally i'd tax the fck out of the rich and they want tp go somewhere else good bloody riddance.

Not many places to go though with the USA in deeper sh*t than we are :rotfl:

itsnever2lateisit?

OK I'll bite. The problem with this suggestion is that those who earn £0 pay 0%, that's grossly unfair, why should the guy who earns £1 pay 60p more tax?:p

Generali

itsnever2lateisit? wrote: »

OK I'll bite. The problem with this suggestion is that those who earn £0 pay 0%, that's grossly unfair, why should the guy who earns £1 pay 60p more tax?:p

You could learn from Joeskeppi......

Pee

I was at a Conservatives meeting and the chairman - who was very pleased to have a young professional at his meeting - asked me what I thought about 40% tax. I said I aspired to paying 40% tax. I still aspire to paying it. I won't feel like I am properly paid until I reach that threshold.

benood

The_White_Horse wrote: »

There are far more poor people, so we should take more of their money. plus more punitive rates will encourage people to earn more.

There should be one rate of tax, at 25% and someone earning 10k will pay 2.5k and someone on 100k will pay 25k. That is fair. that is the only fair way.

One significant problem with implementing your first proposal is that there are quite a large number of poor people - remember poll tax? They may not be much good at earning a crust but they can teach you a thing or two about rioting!

I think there is some merit in your second proposal. Something along the lines of earnings upto £15k tax free and thereafter 40%, get rid of all tax credits and reliefs - simple yet elegant. It'll never happen.

Squish_21

HAHA! Didnt know it was comedy night! What a joker!

cepheus

The_White_Horse wrote: »

There are far more poor people, so we should take more of their money. plus more punitive rates will encourage people to earn more.

It should be:

0-10,000 = 60%

10k - 25k = 40%

25k - 50k = 20%

50k + = 10%

much fairer. and lets face it, the poor use most of theservices provided by our taxes.

Plus, private medical and private school fees should be tax deductible. There are 4000 kids without school places in London this year! If parents didn't send children private, this would be 20-30000 kids without school.

In any case, it is pure discrimination to charge people a higher rate as they earn more. why not charge men more, or blondes more, or black people more?? because it is discrimination.

There should be one rate of tax, at 25% and someone earning 10k will pay 2.5k and someone on 100k will pay 25k. That is fair. that is the only fair way.

Surely got to be a wind up, or has some Frankenstein cloned another Thatcher? It's frightening if you really believe this.

Just in case you are serious, I don't think anyone should be able to consistently earn more than 100k/annum because no-one could work that hard to justify this amount. The amount of Tax should be based on their contribution to wider society not the firm they work for.

oxenryd

cepheus wrote: »

I don't think anyone should be able to consistently earn more than 100k/annum because no-one could work that hard to justify this amount.

Very often not to do with hard work, but position within company

Idiophreak

The_White_Horse wrote: »

There should be one rate of tax, at 25% and someone earning 10k will pay 2.5k and someone on 100k will pay 25k. That is fair. that is the only fair way.

Then !!!!!! was the point of the first half of your post?

Lakelady_2

I like posts like this, it`s good to remember you can`t argue with a fool.