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Yet another £600 million down the drain

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Comments

  • antrobus
    antrobus Posts: 17,386 Forumite
    michaels wrote: »
    ....Would it be a disaster if everyone received 5k per annum benefit (total including housing, 3k for first child and 2k for each subsequent child) and then all income was taxed (plus ni) at 35%/45%/50%? (note no more tax free allowances etc).

    It's been suggested. But it's an expensive option.
  • michaels
    michaels Posts: 29,234 Forumite
    Part of the Furniture 10,000 Posts Photogenic Name Dropper
    antrobus wrote: »
    It's been suggested. But it's an expensive option.

    Do you know any links to where people have done the sums, I would be interested to know what level of taxes would be needed to pay for it.
    I think....
  • Niv
    Niv Posts: 2,566 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    CLAPTON wrote: »
    that's not how I read it but it was in a newspaper so one can't expect too much

    and what was 20% of ...

    and one wonders if we did it for 7-11 years old would that show 20% more so we are now 40% better and maybe do it for secondary school and they would all be say 100% better


    do you have a reference to the original work?

    I heard it on radio 5 as they were interviewing someone from the company that undertook the research. It was quite interesting and much more informative than what I read in the newspaper, I am afraid i am not sure if it is availalble as a podcast though sorry.
    YNWA

    Target: Mortgage free by 58.
  • CLAPTON
    CLAPTON Posts: 41,865 Forumite
    10,000 Posts Combo Breaker
    Niv wrote: »
    I heard it on radio 5 as they were interviewing someone from the company that undertook the research. It was quite interesting and much more informative than what I read in the newspaper, I am afraid i am not sure if it is availalble as a podcast though sorry.



    the report is here


    http://www.schoolfoodplan.com/plan/
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