The tax system explained in beer

[geoff from contracta IOM]

This is bollocks. Do a search and you'll see he and the many other people this tale has been supposedly written by didn't provide any of its content.

It has been kicking around for years with slight variations

[BigTime]

It has been kicking around for years with slight variations

Indeed and I like a twat forwarded it on previously without verifying the source.

[Mich the Tester]

Indeed and I like a twat forwarded it on previously without verifying the source.

As the contract quality inspector at the ketchup factory says, 'always verify your sauces!'

[Ketchup]

As the contract quality inspector at the ketchup factory says, 'always verify your sauces!'

Yes i do

[BrilloPad]

But this is why the wealthy move to tax havens. Most I think would have no objection to paying ten or twenty percent tax. Where the problem arises in my opinion is that the people who take the risks, put their house on the line at times and work 80 hour weeks and become successful get rewarded with paying to keep the "work the bare minimum and happy to let others pull the load" brigade.

This is why I think a flat rate of tax would not only simplify the entire system but also generate more reveune for the treasury, the wealthy would feel less victimised and less inclined to piss off to Monaco. That to me is people paying their fair share of tax.

Most of the time they don't move - just their money. And often they don't work hard - they just have the right connections.

[Mich the Tester]

if i have more money than my mates i am happy to buy the beer.

You have more money than me and as of now I am your mate. Congratulations! Your round.

i draw the line at crisps tho!

Good; I'll buy the crisps; that way I can ensure you continue to have a bit more money than me so I can scrounge beers off you!

[moggy]

Good; I'll buy the crisps; that way I can ensure you continue to have a bit more money than me so I can scrounge beers off you!

sounds more than fair!

[Robinho]

Tax should be a flat 20%. Simple and fair.

[SueEllen]

Tax should be a flat 20%. Simple and fair.

Only if the government changed the tax laws so everything was simple.

Unfortunately that would put a lot of lawyers and accountants out of business plus the firms some MPs have directorships in/"consult" for and also reduce the amount of people in HMRC needed.

[mudskipper]

KUATB