We’d like to remind Forumites to please avoid political debate on the Forum.

This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.

Debate House Prices


In order to help keep the Forum a useful, safe and friendly place for our users, discussions around non MoneySaving matters are no longer permitted. This includes wider debates about general house prices, the economy and politics. As a result, we have taken the decision to keep this board permanently closed, but it remains viewable for users who may find some useful information in it. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!

Scottish houses over £250,000 will not sell!

12467

Comments

  • tberry6686
    tberry6686 Posts: 1,135 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    Depends what you mean by fair share. If you mean as a percentage then Higher earners already pay more than low earners due to tax brackets (except for the ones who can afford tax avoidance measures).

    I am classed as a high earner (based on tax brackets) and in no way should I be paying more. The tax take in this country is already very high when compared with most other countries.
  • CLAPTON
    CLAPTON Posts: 41,865 Forumite
    10,000 Posts Combo Breaker
    redcard wrote: »
    None of these entrepreneurs have left the country yet, so I can only presume they're absolutely delighted with the amount of tax they're paying.

    So I would define 'fair share' as a bit more than they're paying just jow.



    inane but hopefully ironic
  • redcard
    redcard Posts: 1,563 Forumite
    Part of the Furniture Combo Breaker
    tberry6686 wrote: »
    Depends what you mean by fair share. If you mean as a percentage then Higher earners already pay more than low earners due to tax brackets (except for the ones who can afford tax avoidance measures).

    I am classed as a high earner (based on tax brackets) and in no way should I be paying more. The tax take in this country is already very high when compared with most other countries.

    Why shouldn't you pay more? I don't see why you should be exempt from any tax increases.
    Hope over Fear. #VoteYes
  • redcard
    redcard Posts: 1,563 Forumite
    Part of the Furniture Combo Breaker
    CLAPTON wrote: »
    inane but hopefully ironic

    So you agree that the amount of tax the rich pay is 'just right'?
    Hope over Fear. #VoteYes
  • CLAPTON
    CLAPTON Posts: 41,865 Forumite
    10,000 Posts Combo Breaker
    redcard wrote: »
    So you agree that the amount of tax the rich pay is 'just right'?

    my question is what does 'fair' mean in terms of tax.
    indeed I don't even know what 'rich' means either.

    I didn't think you would know either but just wanted to ask.
  • redcard
    redcard Posts: 1,563 Forumite
    Part of the Furniture Combo Breaker
    CLAPTON wrote: »
    my question is what does 'fair' mean in terms of tax.
    indeed I don't even know what 'rich' means either.

    I didn't think you would know either but just wanted to ask.

    What fair means is purely subjective, but I think you already know that. And no, it doesn't always mean more. The last 20 years it's been less and less. Let's not pretend otherwise.

    The point is the tax system isn't perfect and there's plenty of scope to tweak it without people suffering too much. The rich aren't complaining about anything.

    tberry6686 thinks the tax take in this country is 'very high' but he doesn't seem too miffed about it. So why not increase his tax liability a tiny bit more, maybe until he's a 'little miffed'? He wouldn't even notice.
    Hope over Fear. #VoteYes
  • CLAPTON
    CLAPTON Posts: 41,865 Forumite
    10,000 Posts Combo Breaker
    redcard wrote: »
    What fair means is purely subjective, but I think you already know that. And no, it doesn't always mean more. The last 20 years it's been less and less. Let's not pretend otherwise.

    The point is the tax system isn't perfect and there's plenty of scope to tweak it without people suffering too much. The rich aren't complaining about anything.

    tberry6686 thinks the tax take in this country is 'very high' but he doesn't seem too miffed about it. So why not increase his tax liability a tiny bit more, maybe until he's a 'little miffed'? He wouldn't even notice.



    why not stop using the word 'fair' if it means nothing.


    we are a rich country : even the lower quartile have a living standard the envy of most of the world so yes we could all pay a tiny bit more without suffering although I guess most of us would notice.

    oh and believe me, many of my rich friends complain about the high tax : you just don't get out enough.
  • MobileSaver
    MobileSaver Posts: 4,376 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    redcard wrote: »
    Letting the top earners away with paying minimal tax has not done much do the economy as it is, so why not wait and see what happens when they pay their fair share?

    Not paying their "fair share"?!?!? :rotfl:

    Let's assume you yourself are on the average UK wage... did you realise that the top 50,000 or so earners in the country pay more tax in one year than you will pay in your entire life! If that is not paying their fair share then I don't know what is.

    Just think about that for one minute; the top earners in 2014 will pay more income tax in just this one year than you will pay in your entire working life.

    How anyone could claim that is getting away with "paying minimal tax" is beyond me.
    Every generation blames the one before...
    Mike + The Mechanics - The Living Years
  • redcard
    redcard Posts: 1,563 Forumite
    Part of the Furniture Combo Breaker
    CLAPTON wrote: »
    why not stop using the word 'fair' if it means nothing.


    we are a rich country : even the lower quartile have a living standard the envy of most of the world so yes we could all pay a tiny bit more without suffering although I guess most of us would notice.

    oh and believe me, many of my rich friends complain about the high tax : you just don't get out enough.

    So what are your rich friends doing about it? Probably not much, eh?
    Hope over Fear. #VoteYes
  • redcard
    redcard Posts: 1,563 Forumite
    Part of the Furniture Combo Breaker
    edited 13 October 2014 at 12:37PM
    Not paying their "fair share"?!?!? :rotfl:

    Let's assume you yourself are on the average UK wage... did you realise that the top 50,000 or so earners in the country pay more tax in one year than you will pay in your entire life! If that is not paying their fair share then I don't know what is.

    Just think about that for one minute; the top earners in 2014 will pay more income tax in just this one year than you will pay in your entire working life.

    How anyone could claim that is getting away with "paying minimal tax" is beyond me.

    Not quite sure you have much of a point there. There's nothing of substance worth arguing against.

    Can you tell me what would happen if the top earners paid just a tiny bit more in tax?

    This is what would happen:

    You know one way to right the wrong you see in the tax system? Pay low earners more so they pay more in tax.
    Hope over Fear. #VoteYes
This discussion has been closed.
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 352.2K Banking & Borrowing
  • 253.6K Reduce Debt & Boost Income
  • 454.3K Spending & Discounts
  • 245.2K Work, Benefits & Business
  • 600.9K Mortgages, Homes & Bills
  • 177.5K Life & Family
  • 259K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16K Discuss & Feedback
  • 37.7K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.