HMRC's time machine setting sights on all graduates!

[Lance]

Cutting the loan amount is a regressive tax measure, dressed up to look like a good thing in the eyes of those who don't understand how student finance works.

THIS ^^^^^

those people being 90% of the population as a whole, and maybe 75-80% of students.

Just drop it as debt. Call it a deferred tax (which is what it is) and re-market it.

[washed up contractor]

You were all warned about retrospection when they first used it regarding BN66. Some took it on board, some didnt. Oh well.

[northernladyuk]

Also, the UCL's report has it arse over tit. My degree in Philosophy might be seen to have contributed comparatively little to my career as a software developer, whereas some middle manager with a degree in Business Studies might be argued to have benefitted greatly from their time in academia.

So they should pay more as their degree was worth actual money, whereas I shouldn't pay any extra tax at all as my degree is in a subject universally acknowledged to be completely worthless

As a Latin graduate, I agree wholeheartedly.

[northernladyuk]

You were all warned about retrospection when they first used it regarding BN66. Some took it on board, some didnt. Oh well.

Are you simple? Nobody is talking about applying a tax on past income.

[The_Equalizer]

Flawed thread title: the UCL Institute of Education's Centre for Research on Learning and Life Chances is not HMRC

Exactly. That link is no more than click bait.

[Mordac]

Flawed thread title: the UCL Institute of Education's Centre for Research on Learning and Life Chances is not HMRC

No, but it is a colossal waste of taxpayers money.

[vwdan]

If a monkey codes in the jungle and there's nobody around to hear him curse, did the code compile first time?

Trick question - as there's nobody around the monkey simply spends all day on CUK

[BrilloPad]

The money raised would not be spent on current students. Just on more swans wings for MPs and bankers.

[washed up contractor]

Are you simple? Nobody is talking about applying a tax on past income.

Clearly you're the simple one (or is it desparation on your part to try and make yourself look intelligent?) because retrospection doesnt necessarily just target income tax, per se.

You can read it by clicking the link below. It's ok, it's not behind the pay wall so you dont have to feel disenfranchised. You might want to take note of the UCL Institute of Education's use of the word 'tax' though.


All graduates should pay tax regardless of when they went to University, report says*

[Jog On]

An announcement could come within weeks as the Tories try to appeal to younger voters at next month’s party conference and the autumn Budget in November.

The Chancellor is facing increasing pressure to ease the burden of student finances after Jeremy Corbyn promised to scrap tuition fees.

What a fickle bunch those politicians are. How very sad.