Reply to: Minister wants supertax on Britain’s top earners

[Sysman]

The Legends of the Giant Alien Lizards tell of a time under Harald the Wilson when one type of income tax reached a notional 102%...

And people used to rent their suits as a tax avoidance measure.

I can remember working on payroll and discovering that senior management weren't on terrific salaries, presumably taking the rest in perks. It put an artificial ceiling on what the rest of us could earn.

[Cyberman]

http://www.timesonline.co.uk/tol/mon...cle4547848.ece

With defeat looming New Liebor is shedding it's skin. Apparently they want this tax on the rich to help the middle classes. But aren't the middle classes the ones that this lot have been milking for the last 11 yrs, to pay for their crazy social experiments?

Lewis points to families who take two holidays a year, belong to private gyms and eat in restaurants, but struggle to pay soaring bills, as the group in need of help.

“If, as a result of the current economic situation, the only way to help hard-pressed middle-class families is to ask the highest earners to pay more, then serious consideration should be given to that,” he writes.

Tax would of course be higher under the Tories !!!!

[TykeMerc]

As a Child!!!!!

It's like a bleedin Kindergarten on here

Hahaha, it's nice to feel the shoe is on the other foot, most of the forums I lurk on I'm the old git of the bunch.

[Diver]

With the European Union rules on free cross boarder travel and trade that could prove to be quite a challenge.

I remember hearing about the 98 tax rates too as a child.

As a Child!!!!!

It's like a bleedin Kindergarten on here

[TykeMerc]

Yes but that time they forgot to put exit taxes in place, to protect the government's revenue stream

With the European Union rules on free cross boarder travel and trade that could prove to be quite a challenge.

I remember hearing about the 98 tax rates too as a child.

[Bob Dalek]

Wasn't this sort of mindless rubbish tried, tested, and shown to be crap, by ... er... Labour in the dark and neolithic 70s?

The super rich will just toddle off to Switzerland/wherever and pop back home for Xmas, etc.

It's the political equivalent of a desperate prayer.

[expat]

Yeah all that will happen is the super rich just move abroad.. I'm sure I heard my dad tell me this happened before the 70s or something?? When tax was 98%, might just be a fairy tale but sure there's some similar story which was reality.

Yes but that time they forgot to put exit taxes in place, to protect the government's revenue stream

[chris79]

Yeah all that will happen is the super rich just move abroad.. I'm sure I heard my dad tell me this happened before the 70s or something?? When tax was 98%, might just be a fairy tale but sure there's some similar story which was reality.

[Mailman]

What happened to labor's pledge of a classless society?

Tax the upper class to help the middle class to help the upper class to screw the working class to help cover the reduced income of the upper class confused.con

Time that Brown and his cronies got the boot methinks

NL is still working on a classless society...if this new tax goes ahead then all those upper class knobs will leave the country...keep this up long enough and you will only have one class of person in this country, the lower classes (cause they cant afford to flee like everyone else! ).

Mailman

[Turion]

but Liebour CAN help here...

You seen that program about dodgy restaurants. These middle class restaurant eating types need protecting! I think Darlings got an idea for this:

More taxes on eating out. That should help these poor souls, just like we're helping those feral kids, binge drinkers, and middle class wine sozzelers by increasing alcohol tax.

Hmme....how can we help all those poor motorists stuck in traffic jams...

[SizeZero]

What the heck? When did private gym membership, 2 holidays a year and eating in restaurants become a basic human right?

Since the middle classes had to let their chefs go, forcing them to eat in restaurants, learn to cook (heavens forbid) or starve. I believe some contractors here had to lay their domestic staff off recently....

[BrilloPad]

Interesting that governments with lower tax bands raise more in taxes. But Liebour never lets facts confuse their thinking.

[thunderlizard]

What the heck? When did private gym membership, 2 holidays a year and eating in restaurants become a basic human right?

[HairyArsedBloke]

This is an excellent idea.


It should start at 75% of all income above 1 standard deviation from average earnings and 98% at 2 standard deviations.


If the Darling/Brown would hold an emergency budget and introduce that measure we would all be better off.......






...... because the government would fall within the week.

[Diver]

http://www.timesonline.co.uk/tol/mon...cle4547848.ece

With defeat looming New Liebor is shedding it's skin. Apparently they want this tax on the rich to help the middle classes. But aren't the middle classes the ones that this lot have been milking for the last 11 yrs, to pay for their crazy social experiments?

Lewis points to families who take two holidays a year, belong to private gyms and eat in restaurants, but struggle to pay soaring bills, as the group in need of help.

“If, as a result of the current economic situation, the only way to help hard-pressed middle-class families is to ask the highest earners to pay more, then serious consideration should be given to that,” he writes.

What happened to labor's pledge of a classless society?

Tax the upper class to help the middle class to help the upper class to screw the working class to help cover the reduced income of the upper class confused.con

Time that Brown and his cronies got the boot methinks