Reply to: Daily Boom

[thunderlizard]

You anticipated my next question; why not just charge them less tax?

That would create the impression that it's their money in the first place, rather than a privilege for which to be humbly grateful.
It's a bit like instead of Ebeneezer Scrooge paying Bob Cratchit enough money to buy a turkey the first place, he holds the money back and then gives them a turkey at the last minute and everybody loves him.

[EternalOptimist]

Should be a bloody Olympic sport

good
count me in

[hyperD]

mmm, this is starting to sound like a socialist-bashing thread

Should be a bloody Olympic sport

[EternalOptimist]

mmm, this is starting to sound like a socialist-bashing thread

[hyperD]

You anticipated my next question; why not just charge them less tax?

Then you wouldn't have a wonderful carousel system whereby you tax low income families, employ thousands of would be dole fodder to process the tax, take some of that tax and pay the dole fodder, and then give them some (but not all) of the original money you took off them back to the low income families, or, to spice it up, overpay some people, employ another army of dole fodder to chase up the anomolies, and then treat said recipients like criminals and grab the cash back.

Gordon's great plan.

And the whole concept of raising the lower rate of income tax band to £12,000 just flew by that fat stupid Manse head of his.

[Sysman]

A job creation scheme whereby a bunch of Labour voters are paid to return taxes that some other labour voters paid to the exchequer.
The 1st bunch of Labour voters can also claim tax credits. This neccesitates another bunch of labour Voters to process the claims of this new bunch. And so on ad infinitum.

The obvious solution to lower taxes so you don't have to return them creates no new jobs for Labour voters so is not considered.

HTH

That's a clearer explanation than anything else I have seen.

I note that various initiatives "to help the poor and underprivileged" of late seem to involve employing yet more public servants to administer the schemes.

It really is becoming and "us and them" war isn't it? By "us and them" I mean private versus public sectors (or should that be the other way around?).

[sasguru]

I don't understand it either

I actually started laughing at that it's so farcical.
Not surprised to see that that useless and dangerous bint Red Dawn Primarolo had something to do with it

[DimPrawn]

I don't understand it either

Working tax credit (WTC)....


It should have been called Working Tax Fund.

[DimPrawn]

You anticipated my next question; why not just charge them less tax?

It's not Labour's way.

[Sysman]

Sorry, I've been away so long I'm turning foweign. Wot is a 'working tax credit'?

I don't understand it either

[Mich the Tester]

HMR&C take tax from you and then through a mind numbing complex process and stupendously expensive non-functioning IT system, give the wrong people a wrong amount of money back a wrong number of times instead of taking less tax from them in the first place.

Makes sense to Socialists I believe.

You anticipated my next question; why not just charge them less tax?

[sasguru]

HMR&C take tax from you and then through a mind numbing complex process and stupendously expensive non-functioning IT system, give the wrong people a wrong amount of money back a wrong number of times instead of taking less tax from them in the first place.

Makes sense to Socialists I believe.

See my earlier post on this thread.

[DimPrawn]

Sorry, I've been away so long I'm turning foweign. Wot is a 'working tax credit'?

HMR&C take tax from you and then through a mind numbing complex process and stupendously expensive non-functioning IT system, give the wrong people a wrong amount of money back a wrong number of times instead of taking less tax from them in the first place.

Makes sense to Socialists I believe.

[Churchill]

Sorry, I've been away so long I'm turning foweign. Wot is a 'working tax credit'?

It's a mechanism used to buy votes.

HTH.

[sasguru]

Sorry, I've been away so long I'm turning foweign. Wot is a 'working tax credit'?

A job creation scheme whereby a bunch of Labour voters are paid to return taxes that some other labour voters paid to the exchequer.
The 1st bunch of Labour voters can also claim tax credits. This neccesitates another bunch of labour Voters to process the claims of this new bunch. And so on ad infinitum.

The obvious solution to lower taxes so you don't have to return them creates no new jobs for Labour voters so is not considered.

HTH