Cameron suggests tax cut for richest 4% of estates

antrobus

Jason74 wrote: »

.....Speaking for myself, I would happily pay a higher tax rate if that money went into some of the things you mention above....

So what's stopping you? You do realise, don't you, that (for example) every NHS trust will willingly accept donations. There is nothing stopping you voluntarily paying that extra 5% tax if that's what you want to do. (Gideon will also happily bank your cheque. )

Put your money where your mouth is.

shortchanged_2

antrobus wrote: »

So what's stopping you? You do realise, don't you, that (for example) every NHS trust will willingly accept donations. There is nothing stopping you voluntarily paying that extra 5% tax if that's what you want to do. (Gideon will also happily bank your cheque. )

Put your money where your mouth is.

I'm sure jason74's personal contribution will make a massive difference to his NHS trust.

The usual pathetic statement antrobus. For jason74's suggestion to work everyone needs to participate.

antrobus

shortchanged wrote: »

I'm sure jason74's personal contribution will make a massive difference to his NHS trust....

Oddly enough, that's exactly what NHS trusts say; your donation really does make a huge difference.

shortchanged wrote: »

... The usual pathetic statement antrobus. For jason74's suggestion to work everyone needs to participate.

Well that's me told.:)

However, I would respectfully point out, that there are a number of people out there who do indeed voluntarily give away part of their income every year. The recipients of this largesse seem quite adamant that this does indeed 'work', despite the fact that not everyone participates.

Thrugelmir

N1AK wrote: »

That's why foreign aid is so unpopular with many people

Doesn't around 90% of US Aid get spent with either on staff salaries or with American Corporations. So the actual benefit to the local economies is actually very small.

Trusting people with little money to spend wisely is a gamble.

Jason74

antrobus wrote: »

So what's stopping you? You do realise, don't you, that (for example) every NHS trust will willingly accept donations. There is nothing stopping you voluntarily paying that extra 5% tax if that's what you want to do. (Gideon will also happily bank your cheque. )

Put your money where your mouth is.

Funnily enough, I do pretty much just that, albeit not to an NHS Trust. About 5% of my income goes out as Standing Orders each Month to various charities that I feel strongly about, and I will often make "ad hoc" donations to other causes on top of that.

I would say that in all, I probably give away about 7% of my income each year, precisely because I realise how fortunate my position is, and how a relatively small portion of my relatively modest means can nonetheless make a big difference to those whose position is less fortunate than my own.

More important than the fact that I do this, is that I suspect I am far from alone.

James_B.

shortchanged wrote: »

Shows what a ridiculous situation it is with such a small number of people hording a huge amount of the global wealth.

Seriously what can individuals do with so much personal wealth.

Take a look at Bill Gates and Warren Buffet if you are genuinely curious.

If you just want a bit of an "It's not fair" rant though, then you'd best not.

neverdespairgirl

Jason74 wrote: »

but I have no problem at all with the principle of paying more tax myself in order to create more opportunity for people less well off.

Go ahead! The tax you pay is a minimum, not a maximum.

N1AK

Thrugelmir wrote: »

Doesn't around 90% of US Aid get spent with either on staff salaries or with American Corporations. So the actual benefit to the local economies is actually very small.

If those staff salaries are medical staff, who both save lives and then spend some of that salary in the local economy while they are there then no.

It may have escaped your notice but this is a UK forum, with generally British posters, so it's pretty safe to assume we're talking about UK aid unless explicitly stated that we are doing otherwise

Thrugelmir wrote: »

Trusting people with little money to spend wisely is a gamble.

An incredibly dumb general assumption.

antrobus

Jason74 wrote: »

....how a relatively small portion of my relatively modest means can nonetheless make a big difference to those whose position is less fortunate than my own.....

Have a word with shortchanged will you, he doesn't seem to appreciate the 'difference' it can make.

Jason74 wrote: »

...More important than the fact that I do this, is that I suspect I am far from alone.

Well of course you are not alone. Otherwise there wouldn't be an Oxfam. But if you have got another 5% going spare you're obviously hanging onto that.:)

wotsthat

If I was earning £10m/ year I'd be retiring before Christmas and paying zero income tax and I suspect most of the hypocritical hand wringing citizens of this country would too.

My boss is a multimillionaire working in the dullest of industries. He has independent children (doing very well), a nice enough house that he'll never upgrade and enough money to retire. He has a lot of outside interests that could keep him busy. He's also pretty active and has a bucket list that needs youth on his side.

He's first in the office, last to leave, and really works hard - just to make more money he'll never need and pay over 50% in tax.

We should cherish these crazy mo fo's and pray for more of them.