Idle Banter For non SV and non bike related chat (and the odd bit of humour - but if any post isn't suitable it'll get deleted real quick).![]() |
View Poll Results: Who will you vote for? | |||
Labour |
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14 | 11.11% |
Conservative |
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47 | 37.30% |
Liberal |
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44 | 34.92% |
UKIP |
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8 | 6.35% |
Scottish National |
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4 | 3.17% |
Plaid Cymru |
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2 | 1.59% |
"Green" |
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2 | 1.59% |
Democratic Unionist Party |
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0 | 0% |
Sinn Fein |
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1 | 0.79% |
Other |
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4 | 3.17% |
Voters: 126. You may not vote on this poll |
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#81 | |
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No it's not. Tax avoidance is illegal, tax planning is not.
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As for direct vs indirect taxation, if this kind of study is what you are referring to then yes the bottom 10% pay more, but the other 90% are nicely graded which shows the system works in general. Note that the bottom 10% are not in full time employment as the average earnings are below NMW. So do you advocate a flat taxation system? Edit: I can think of a number of reasons why the bottom decile could be misleading. The study (warning: left wing focus group) uses original income (salary, pension, investment income etc). If you live off capital, you can have a very low income by this measure, but a very high spending power. Not saying this is the whole story, but should be factored in. Last edited by simesb; 14-04-10 at 03:02 PM. |
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#82 |
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![]() ![]() Just looking about online, who is it that is offering £11,500 Tax free allowance and 31% flat rate tax and NI? |
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#83 | |
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My point is that you have to have spare disposable income in order to be able to save this way. Lower income group hardly save anything at all because they have to spend their money on normal living expenses. Most of these expenses are subject to indirect taxation. |
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#84 |
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No, of course not
![]() What I am saying is that the more direct taxation of income, suitably graded according to income, the less need for indirect taxation. This would be fairer. I'm not saying "no indirect taxation", though, e.g. taxing ciggies to fund the NHS would get my vote. As would hypothcating certain taxation income. |
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#85 | |
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Why not - everybody pays x% on all "deemed income" and no indirect taxation. Everybody pays the same percentage - seems fair to me. It only fails when the government try to use indirect taxation to control public habits - fuel usage, smoking, drinking. |
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#86 |
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#87 |
Member
Mega Poster
Join Date: Mar 2004
Location: Not in Yorkshire. (Thank God)
Posts: 4,116
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Sorry Jabba, must disagree.
Everyone should have a livable tax free allowance, say £15,000 after that charge everyone a single flat rate of 50%. allowances transferable between partners chances are most households with a couple of kids would pay no tax, rich pay, middle income pays about what they currently pay
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Not Grumpy, opinionated. |
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#88 |
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Paying more gross is not a problem, paying vastly more as a percentage of income is (to me). Everybody works hard for their money, and I find it strange that people assume those on higher income should pay a high rate just because they earn more.
If the system becomes too skewed, as I said in an earlier post, it drives the wealth offshore where HMRC can't get their mitts at it at all. There are more accountants looking at how to avoid taxation than there are involved in the collection of it. The less fair it is (rate terms, not total contribution) the more people will look to avoid (not plan ![]() |
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#89 |
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Ill vote BNP seeming as they will:
1. Raise speed limits on motorways 2. Keep our currency 3. Stop immigration completely 4. Bring back Corporal and Capital Punishment. I feel these 4 things are what is needed in this country and this party is the only party to offer them. |
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#90 |
Member
Mega Poster
Join Date: Jul 2008
Location: Sheffield
Posts: 10,274
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