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"Taxes of Evil"

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Comments

  • DiggerUK
    DiggerUK Posts: 4,992 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Photogenic
    I'm pleased nobody has mentioned Green Taxes, like me you must love them too. Got to find the money for the Climategate Scientific Communities pork pies from somewhere.
    Wonder if they put accurate information on their CV's.

    I quite like the idea of a Graduate Tax, parents are having far too many.
    And I had nothing against the Poll Tax, it led to the best riot I ever went on.
  • zygurat789
    zygurat789 Posts: 4,263 Forumite
    Part of the Furniture Combo Breaker
    Danstar wrote: »
    Yes, but the aim was to reduce the size of central government and make local areas responsible for their own services thus decreasing the taxation burden on people and making local governments more efficient.

    You are right, people in the North shouldn't be paying for TfL or new leisure centers in the South but that was never going to be the case, one can't simply bring out the poll tax and immediately cut off all funding to local governments and route the poll tax to them and tell them to "deal with it".

    I understand where you and other people are coming from, saying it was regressive - which it was - but it would have been fair and equal. If a single man living in a 5 bedroom house he has bought he should have to pay 2/3x the tax of a 3 bedroom house with say 4 adults in as he doesn't use the same number of services as they do.
    You misunderstand I live nowhere near London TfL doesn't come into it.
    I was talking about the north side and the south side of the town where I live. This is what local taxation is all about and the local lot are worse than the London lot.
    The only thing that is constant is change.
  • zygurat789
    zygurat789 Posts: 4,263 Forumite
    Part of the Furniture Combo Breaker
    kabayiri wrote: »
    My vote is for IR35.

    But technically, it is more of a stooopid tax, than an evil tax.

    IR35 was an attempt to be fair.
    Why should I be able to avoid tax and national insurance which you have to pay just because I work through my own Ltd. These savings can be dramatic.

    IR35 isn't really a tax it is a law to stop a method of evasion.
    The only thing that is constant is change.
  • Generali
    Generali Posts: 36,411 Forumite
    10,000 Posts Combo Breaker
    zygurat789 wrote: »
    IR35 was an attempt to be fair.
    Why should I be able to avoid tax and national insurance which you have to pay just because I work through my own Ltd. These savings can be dramatic.

    IR35 isn't really a tax it is a law to stop a method of evasion.

    Avoidance, not evasion. Or at least it probably was before IR35. AIUI it's still probably avoidance.
  • StevieJ
    StevieJ Posts: 20,174 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    Eric_Pisch wrote: »
    5. Council Tax, how did this get so out of control?? mines gone up from £450 to £2100 a year since labore got in !!!! How do low income familys afford to pay this sledgehammer tax?

    .

    They probably don't live in houses that you have to pay £2100 council tax on :confused: or they are on the dole:rolleyes:
    'Just think for a moment what a prospect that is. A single market without barriers visible or invisible giving you direct and unhindered access to the purchasing power of over 300 million of the worlds wealthiest and most prosperous people' Margaret Thatcher
  • Danstar wrote: »
    You are right, people in the North shouldn't be paying for TfL or new leisure centers in the South

    They don't.
    The City of London, for example, pays more in than any other area, and doesn't have any leisure centres...
  • Pennywise wrote: »
    The worst has to be working tax-credits. Must be the biggest dis-incentive to better yourself ever devised. Not only do you lose working tax credits for every extra £1 you earn, you also have to pay more tax and NIC, making a marginal tax rate of something like 75%. Absolute insanity - and guess who introduced it and who made the rules - that's right the same plonker who abolished the 10% rate and tax relief for pension dividends - good old GB!

    Its a benefit - not a tax - but I agree 100% (and I am one of the people that relies on WTC to make ends meet :o) IMO they should raise the minimum wage and the tax free earnings allowance, and abolish tax credits altogether - then you wouldn't get this ridiculous situation where working more than the minimum is not worth the hassle. However I do realise that WTC was just a sop to get people off the unemployment register - great move that, create 1000's of part time low paid jobs, gets people 'back to work' -hey presto, unemployment's fallen.... another victory for smoke and mirrors. And as for abolishing the 10% rate - don't get me started..........:mad::mad::mad:
    SMILE....they will wonder what you are up to...........;)
  • kabayiri
    kabayiri Posts: 22,740 Forumite
    Part of the Furniture 10,000 Posts
    zygurat789 wrote: »
    IR35 was an attempt to be fair.
    Why should I be able to avoid tax and national insurance which you have to pay just because I work through my own Ltd. These savings can be dramatic.

    IR35 isn't really a tax it is a law to stop a method of evasion.
    To be open, I complied with IR35. As a consequence I reckon I have paid a greater percentage of my income out in tax than most on here.

    I did this because I believe in paying fair tax.

    However, I would be sat alongside people in exactly the same operating roles who would not comply.

    For this reason, it has had uneven impact, and is therefore poor in implementation.

    Out of 1400+ cases investigated in the courts for IR35, only 6 were successful, when I last checked the figures.

    It is therefore expensive and hit and miss to enforce.

    That's another fail.

    Don't confuse a good principle, ie the idea of fair taxation at all levels, with cack implementation (IR35).
  • Serious Question.....

    Why do we pay Council Tax? To pay for local services? !!!!!! is Income Tax for then???

    I'd love someone to actually work out what % of the average Joe's salary is paid away in Taxes.
    Capital One CC Bal £1,095 Vanquis CC Bal £1,233 NatWest CC Bal £450 HSBC Loan £3,551 HSBC Overdraft £800 Halifax CC £6,010 NatWest CC £381 NatWest CC £385 NatWest Overdraft £3,000 NatWest Loan £22,285 GE Financial Loan £5,000 Capital One Platinum £6,756 Capstone Mortgage £62,921
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  • Generali
    Generali Posts: 36,411 Forumite
    10,000 Posts Combo Breaker
    edited 11 December 2009 at 12:39PM
    adampeek wrote: »
    Serious Question.....

    Why do we pay Council Tax? To pay for local services?

    TO pay a small proportion of local Government expenditure. Typically a third of Local Government expenditure comes from local taxes IIRC (that includes business rates).
    adampeek wrote: »
    !!!!!! is Income Tax for then???

    To pay a part of Government expenditure, both local and national. Taxes aren't 'hypothocated', that is to say taxes all go into a central pot and reallocated rather than road tax being spent on roads, cigarette taxes spent on smokers etc.
    adampeek wrote: »
    I'd love someone to actually work out what % of the average Joe's salary is paid away in Taxes.

    About 39% of the UK's total income, company and individual, goes in tax. About half of the UK's total income is spent by the UK Government, the difference being borrowed.
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