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Cloud Cuckoo Land

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    #11
    I don't pay any tax on some of my income - the interest or dividends that I receive in any of my ISAs, which is as designed.
    All dividends received within ISA's are received after basic tax has been taken. Interest is untaxed.

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      #12
      Originally posted by AtW View Post
      For example wtf there is a tax on inheritance? If someone earned their money and paid all taxes due (such as income tax or capital gains tax) then it should be their *****ing right to give that money to whoever they deem appropriate without any extra taxes - it's their ****ing money after all.
      I don't see why my plumber should pay tax on what I pay him, after all, I've already paid tax on that money.

      Tax is usually a rake-off on a flow of money from one person to another. Why should the flow of money from employer/client to worker be taxed more heavily than the flow of money from deceased to beneficiary?

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        #13
        Everybody should pay tax that is due, but HMG have a duty to ensure that all tax monies are spent well. Unfortunately, much of it is just wasted, so that they keep coming back for more, year after year. That is why we need a change of government ASAP.

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          #14
          Originally posted by IR35 Avoider View Post
          I don't see why my plumber should pay tax on what I pay him, after all, I've already paid tax on that money.
          Maybe there should be no income tax and everyone pays enough to maintain essential services of the Govt, ie army, police, courts etc. Any extra money taken in excess of that amount should be a crime - just like robbery is: taxation is effectively legalised robbery.

          Why should the flow of money from employer/client to worker be taxed more heavily than the flow of money from deceased to beneficiary?
          Both should be taxed very lowly, preferably at 0 rate.

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            #15
            How about we get rid of all tax, and HMRC just take 25% of all the money the Treasury prints.
            Originally posted by MaryPoppins
            I'd still not breastfeed a nazi
            Originally posted by vetran
            Urine is quite nourishing

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              #16
              Originally posted by Stan.goodvibes View Post
              I avoid paying tax as much as possible. If I had my way there would be no income tax and you have to pay for everything you get (healthcare, schooling etc).
              • I have no kids - no free schooling required
              • I look after myself and don't drive dangerously - no healthcare costs for me so far in my entire life (apart from Dr which I pay for)
              • I don't do crime, so don't cost the justice department anything

              So why should I be supporting a bunch of other people??? Sod that. I have already well and truly paid my way from all the tax I have paid, so no more.

              And I have a tax-free plan as well, but it requires several passports (which I have) and lots of moving...


              Good old Maggie, one of her finer legacies - I'm alright Jack, sod society.

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                #17
                Originally posted by expat View Post
                Always puzzles me: just why do some people think that they can get paid some money and not pay tax on it?
                Do you honestly believe that income tax is a law of nature?

                Why is it any more natural than a tax on existing, e.i. you should pay 50 GBP tax every day you are alive.
                "Condoms should come with a free pack of earplugs."

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                  #18
                  Originally posted by ThomasSoerensen View Post
                  Do you honestly believe that income tax is a law of nature?

                  Why is it any more natural than a tax on existing, e.i. you should pay 50 GBP tax every day you are alive.
                  No, I didn't mean it in a moral sense but in a government sense: i.e. do you really think that the govt for aome reason lets you off paying tax?

                  The answer is that they do: but only for some specific reason. The answer to CUK's regular "do I need to pay tax on this" questions is almost always "yes".

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                    #19
                    Originally posted by expat View Post
                    Always puzzles me: just why do some people think that they can get paid some money and not pay tax on it?
                    I don't know. Why don't you ask Sir Philip Green, a close friend of the Blairs, who seems to pay no tax at all here and yet gets a Knighthood.

                    http://www.fashionunited.co.uk/Conte...d_20040903311/

                    http://en.wikipedia.org/wiki/Philip_Green#Tax_avoidance

                    http://www.taxresearch.org.uk/Blog/2...tax-avoidance/

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                      #20
                      Income Tax was created by the Government to fund the Napoleonic Wars - and yes Mr Green (chum of TB) pays zilch on his millions - because the companys assets are registered in his Mrs name who is resident in Monaco.

                      Aye - Right you are Mr Green.

                      Would be funny if she dumped him though !!!
                      Last edited by AlfredJPruffock; 11 November 2008, 09:14.

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