Tories study plans for 20pc VAT

mewbie_2

HAMISH_MCTAVISH wrote: »

I'd personally like to see greater taxes on savings. The banks are just hoarding the cash anyway, so it's not being actively re-invested in the economy to the extent it should. Negative interest rates may also be worth looking at.

!!!!!! Hamish that is going too far. You can go on about house prices going up or whatever and that is just funny. But tax savings, negative interest rates - now you're just being a trouble maker.

Graham_Devon

HAMISH_MCTAVISH wrote: »

I'd personally like to see greater taxes on savings. The banks are just hoarding the cash anyway, so it's not being actively re-invested in the economy to the extent it should. Negative interest rates may also be worth looking at.

I often look at your posts and think "dear god Hamish".

But that, well, that just takes the absolute buscuit. And it's coming purely from a self centered thoughtpath. You just want your assets propped up instead of people saving to buy their own.

I don't think I have ever seen anyone suggesting more tax should be taken from savings, let alone making the interest rate negative and actively punishing people for saving for their future.

I've noticed recently a lot of the stuff some people are saying on here are being jusitified on their own greed. I'm not sure your a troll, just a completely self centered individual who wants his own assets to do well regardless of others in society. You are not the only one. But you will be dispised.

StevieJ

Graham_Devon wrote: »

This is direct tax. And what's more, everyone pays it.

.

http://www.businessdictionary.com/definition/indirect-tax.html

Graham_Devon

StevieJ wrote: »

http://www.businessdictionary.com/definition/indirect-tax.html

I know the definition. But I'm talking in life. Sorry, just needlessly confusing things really, should have explained it better!

tomterm8

Taxing savings is absolutly daft. I would like stamp duty to be changed, so that it is charged more like vat... i.e. a fixed percentage on the price of every home, regardless of price. The current system means someone can buy a huge house in the north without tax, or a one bedroom flat in london and still pay tax. It isn't fair.

StevieJ

tomterm8 wrote: »

Taxing savings is absolutly daft. I would like stamp duty to be changed, so that it is charged more like vat... i.e. a fixed percentage on the price of every home, regardless of price. The current system means someone can buy a huge house in the north without tax, or a one bedroom flat in london and still pay tax. It isn't fair.

With didums footstamping like that, you must live in the South Every problem has a solution - Move to Burnley

staffie1

They will have to go a lot further than 20% on VAT to sort out this mess the country is in. Some big tax rises and severe spending cuts.

amcluesent

The £175,000,000,000 black hole in the public accounts which is Clown's vile 'legacy' will mean all manners of tax rises/spending cuts to have any chance of getting England's finances back together.

Graham_Devon

tomterm8 wrote: »

Taxing savings is absolutly daft. I would like stamp duty to be changed, so that it is charged more like vat... i.e. a fixed percentage on the price of every home, regardless of price. The current system means someone can buy a huge house in the north without tax, or a one bedroom flat in london and still pay tax. It isn't fair.

It's a fair point, and something I remember being bought up on Question Time some time ago. Think the general concensus was that the London and South prices means changing it to a proportional percentage would mean a lot of lost revenue for the treasury.

One of the labour eejits response was "we can all move but decide not too".

StevieJ

amcluesent wrote: »

The £175,000,000,000 black hole in the public accounts which is Clown's vile 'legacy' will mean all manners of tax rises/spending cuts to have any chance of getting England's finances back together.

Was the use of Englands's deliberate ?