'Fantasy Chancellor' poll discussion

jd87

Everyone's just ticking the ones that they themselves don't have to pay, without considering the actual consequences. For example corporation tax is a popular one because everyone is looking at it and thinking "yeah lets make the big evil companies pay so I don't have to", but in the budget the gov have actually cut corp tax to try and reverse the exodus of business from the uk.

kilapot

jd87 wrote: »

Everyone's just ticking the ones that they themselves don't have to pay, without considering the actual consequences. For example corporation tax is a popular one because everyone is looking at it and thinking "yeah lets make the big evil companies pay so I don't have to", but in the budget the gov have actually cut corp tax to try and reverse the exodus of business from the uk.

Er no, I voted for an increase in inheritance tax. As my folks are in poorish health and in thier 70's I haven't voted for me me me.

I hate people who talk rubbish and you just have, most people maybe but not everyone.

jd87

kilapot wrote: »

I hate people who talk rubbish and you just have, most people maybe but not everyone.

You hate me? Because I used an innocent hyperbole?

XRAT

I am extremely worried by the number of people who voted to raise the top rate of tax!

I used to work a great deal of overtime just to give it all back in 40% taxes. I never pay 40% tax any more!
I use the legitimate means of avoiding paying tax at that level, because I have taken time to find out how (thanks Dunstone!) many of the tips are in the financial threads on this site. If I can do it anyone can, and certainly those paying 50% can afford for someone to do it for them.
It's naive to think that a 50% rate is anything other than a government ruse to appease the masses. Sure there may be one or two paying a little at 50%, but they'll be avoiding a whole lot more. And the higher the rate goes, the more incentive there is to find ways to avoid it. The M.P.s expense scandal highlighted how little they pay.
If you are one of those who think you can't be bothered, you won't save much..., YOU'RE WRONG! Once you find one hole and realise how much you have wasted in the past you start searching for more..., and using those holes each year soon mounts up. It's what this site is all about.
It will be interesting to see the amount of revenue raised at 50% (the Chancellor has asked that figures be published.)

XRAT

rickbonar wrote: »

I think most of us agree on cigarettes, wine, alcohol, corporation tax.

I believe maybe there could be a supermarket tax too.
For too long these giants have strangled away small traders by vastly undercutting them, then once they're gone ... up the prices considerably. Petrol is going the way of the greengrocer and corner shop and the pubs.

That's another thing... I remember when the only off-licence was the pub. Now everyone but especially the supermarkets are selling drink cheaply and young people get tanked up before hitting the pubs and clubs on supermarket booze.

And before anyone says anything about freedom of choice ... these people are blocking the A&E at the hospitals and taking up Police and ambulance resources.
If I was the chancellor I would look at barring supermarkets from selling alcoholic drinks at all.
Also small shops should be exempt business rates and premises over a certain capacity taxed much more highly. Then you might reverse the trend of small shops disappearing. A similar argument for the demise of the pub trade if we have alcohol only sold in pubs and pub off-licences again.

I don't think the answer is to tax everyone, the answer is a drunk-tank. Take them off the streets and make those who abuse the system pay in fines!

rickbonar

XRAT wrote: »

I don't think the answer is to tax everyone, the answer is a drunk-tank. Take them off the streets and make those who abuse the system pay in fines!

I wish they could take them off the streets but reality is there's too many to do that.
A drunk tank I don't reckon could happen because so many people are involved that it would be more to police than is it's worth. Maybe a drunk tax perhaps but then most wouldn't pay and get defence on legal aid anyway.

The whole fabric of society has changed and I believe a lot of it the easy availability of drink and drugs and all sorts of things.

As said before the supermarkets massive power and influence needs to be looked into and researched because it is seriously affecting other parts of society for the worse.

bucksie

I have noticed no option for Council Tax, if there was here is my thoughts.

There is approximately 22million households in England,
add £30 per year for each household that pays council tax and place this straight into the government pot, this would generate approx £660,000,000 per year (about £3pm) Councils get what they already charge us for though. you could in effect, say each of these houses have on average 2.5 people, and maybe only 1.6 are eligible/able to work, say the Tax/National Insurance each person was to pay set at 14p in every £ earnt, this could generate £887,040,000, based on hypotheical average wage of £180pw so this added to the 660m would give an almost regular yearly income of £1.5b. :eek: (we currently pay around 30% of our wages in tax and national ins, so less than half going to "the pot")

We could potentially build a more solid future, by improving the education and facilities, build more schools, pay for teachers, programs etc. We could also plan and implement all new buildings built, would be build with solar energy technology, thus reducing our fuel bills and even tapping into the renewable energy the government keeps telling us to get etc.

This could safeguard jobs, and futures for our children if the "pot" wasnt squandered.

Failing that, i'd like to see tobacco products taxed, and supermarkets taxed on alcohol, so if Tesco or Asda sold 4 pk of Lager for 3.88 the supermarket must pay 25% in tax, (77p) but under "my law" this will not be allowed to be passed on to the customer. All alcohol and tobacco sale, would result in 25% going straight to the hospitals etc

rickbonar

I agree with you, in particular supermarket alcohol levy!

Tobacco again I think maybe supermarkets barred from selling it .. only have licenced tabacco shops like they do in France.

There has to be something to help the smaller retailers and pubs which are becoming extinct at this rate.

What about an expenses tax too.

rickbonar

Immigrant employee tax?

excess child tax?

rickbonar

Paul_Herring wrote: »

I don't.



Off-licence prices have always been cheaper than on-licence prices, and certainly for a few years before the pubs started shutting down at a huge rate. 'Cheap supermarket booze' was not the cause (or even a major cause) of the decline in pubs.

Look towards the smoking ban for that.

Yes off licence prices were always cheaper but not as much as they are with the supermarkets. The smoking ban is Europe wide and I don't know of how it's affecting pub trade abroad but you'd be surprised how many people DON't smoke... more than those that do.

Smoking ban isn't the cause either.

The significant cause of the decline in pub trade is actually how much the tied tenants have to charge for the beers and alcohol. The prices are set by brewery who own the pubs more often than not.
The tenant pub landlords apparently don't make much on the beer etc they sell.

Now whether the pub owners are making more by selling off their pubs to property developers and have a vested interest in selling through the supermarkets instead ... perhaps a lot easier and profitable for them short term.


Hey but let's say you're right.... one thing I do know about the cheap supermarket booze is that people do buy it and tank up on it on a night out...

Every day we see Police ambulance and hospital services spending a great deal of our tax payer money wasting their time dealing with these people.

You can't say that's the pubs ...they're all closing!