News for champagne socialists

[LisaContractorUmbrella]

Because it's not right that 1% of the population have access to 40% of the national cake but 40% of the population have access to 1% of the cake.
Especially when in many cases it's luck whether your in the bottom or top

Perfectly fair if the 1% bought the cake

[TaxInspector]

Perfectly fair if the 1% bought the cake

If, yes. But the fact is the 1% now comprise mainly the wealth destroying bureaucrats who run large companies into the ground and pocket million dollars bonuses regardless of performance (Tesco anyone?) and bankers who run whole economies into the ground and get bailed out by taxpayers.
We already have a socialist economy - the poor bailed out the rich over 2007-2013 - would be only fair to reverse the process.

[DodgyAgent]

If, yes. But the fact is the 1% now comprise mainly the wealth destroying bureaucrats who run large companies into the ground and pocket million dollars bonuses regardless of performance (Tesco anyone?) and bankers who run whole economies into the ground and get bailed out by taxpayers.
We already have a socialist economy - the poor bailed out the rich over 2007-2013 - would be only fair to reverse the process.

It wouldn't be so bad if we could be assured that taxes would be properly used instead of being paid to tax inspectors for them to retire at 50

And on another point since when has an "economic cake" ever been a fixed finite sum?

[VectraMan]

If, yes. But the fact is the 1% now comprise mainly the wealth destroying bureaucrats who run large companies into the ground and pocket million dollars bonuses regardless of performance (Tesco anyone?) and bankers who run whole economies into the ground and get bailed out by taxpayers.

Don't forget the IT contractor scum.

[vetran]

And on another point since when has an "economic cake" ever been a fixed finite sum?

at payrise time?

[VectraMan]

Because it's not right that 1% of the population have access to 40% of the national cake but 40% of the population have access to 1% of the cake.
Especially when in many cases it's luck whether your in the bottom or top

The real problem is that Gordon Brown left the cake out in the rain, after it took so long to bake it. And we'll never have that recipe again.

[Goatfell]

If, yes. But the fact is the 1% now comprise mainly the wealth destroying bureaucrats loafing around in publicly funded departments who ruin companies and pocket bonuses, knighthoods and elevation to the House of Lords regardless of performance.

FTFY

[Doggy Styles]

If, yes. But the fact is the 1% now comprise mainly the wealth destroying bureaucrats who run large companies into the ground and pocket million dollars bonuses regardless of performance (Tesco anyone?) and bankers who run whole economies into the ground and get bailed out by taxpayers.
We already have a socialist economy - the poor bailed out the rich over 2007-2013 - would be only fair to reverse the process.

I don't see a lot of poor bailing out the rich.

From HMRC figures, in 1997 the best-paid 1 per cent of workers contributed 20 per cent of all income tax.
In 2007 it was 24.4 per cent.
In 2013-14 it is estimated to be 29.8%

The bottom 50% only pay 10% of all income tax.

[TaxInspector]

I don't see a lot of poor bailing out the rich.

From HMRC figures, in 1997 the best-paid 1 per cent of workers contributed 20 per cent of all income tax.
In 2007 it was 24.4 per cent.
In 2013-14 it is estimated to be 29.8%

The bottom 50% only pay 10% of all income tax.

The UK Debt to GDP ratio doubled from about 45% to 90% between 2008 and now. That was mainly to re-capitalise the banks. That huge burden will be left for all taxpayers to bear for generations - if the 1% caused it, they're getting away with murder paying only 30% of income tax.

[DodgyAgent]

The UK Debt to GDP ratio doubled from about 45% to 90% between 2008 and now. That was mainly to re-capitalise the banks. That huge burden will be left for all taxpayers to bear for generations - if the 1% caused it, they're getting away with murder paying only 30% of income tax.

there we go just as I have always thought- taxation is all about punishment and not about what works best for society.