UK Tax and how it works - breakdown for Socialists

[xoggoth]

True, seen this joke (?) before, many times. Doesn't alter the fact that socialism is the biggest load of old crap since time began.

The religious believe in crap but at least one cannot say for sure they are wrong. Socialists have seen the idiocies of their views proved over and over (West vs USSR, West Germany vs East Germany, South vs North Korea, Tanzania vs Uganda, Argentina vs Cuba, almost anywhere in the EU vs Greece) and they still believe in it.

I most certainly wouldn't say they are idiots since some very bright people, including some on on here, say they are socialist but they sure as hell have no grasp of reality.

[shaunbhoy]

I don't think so - scooterscot posted this back in January, and his version was using $ not £, so this is clearly a derivative version. Also, there's no guarantee it even applies to the UK tax system, as the earlier version was clearly about the tax system of another country, such as the USA or Canada, that uses dollars.

And a whole cluster of anorak merits for NickFitz.

[NickFitz]

Given that the original author has never been identified, who's to say it wasn't shaunbhoy who put the original version out...

I don't think so - scooterscot posted this back in January, and his version was using $ not £, so this is clearly a derivative version. Also, there's no guarantee it even applies to the UK tax system, as the earlier version was clearly about the tax system of another country, such as the USA or Canada, that uses dollars.

[shaunbhoy]

Given that the original author has never been identified, who's to say it wasn't shaunbhoy who put the original version out...

50 Shaunbhoy Credits for centurian!!

[centurian]

I take it in your world, shauny, proper source attribution of that text is optional as it's free for all to take stuff people write and pretend it's yours?

Well, next time try posting something cretinous as you usually do - this way nobody would question the source

Given that the original author has never been identified, who's to say it wasn't shaunbhoy who put the original version out...

[HairyArsedBloke]

...... In fact, they might start drinking overseas where the atmosphere is somewhat friendlier.

[shaunbhoy]

No.

Bump!.............just in case dang65 makes an appearance.

[AtW]

Can we have that again in English please? Thank you.........

No.

[shaunbhoy]

I take it in your world, shauny, proper source attribution of that text is optional as it's free for all to take stuff people write and pretend it's yours?

Well, next time try posting something cretinous as you usually do - this way nobody would question the source

Can we have that again in English please?

Thank you.........

[AtW]

I take it in your world, shauny, proper source attribution of that text is optional as it's free for all to take stuff people write and pretend it's yours?

Well, next time try posting something cretinous as you usually do - this way nobody would question the source

[shaunbhoy]

Let us suppose that every day, ten men go out for beer and the bill for all ten comes to £100.

If they paid their bill the way we pay our taxes, it would go something like this:
The first four men (the poorest) would pay nothing.
The fifth would pay £1.
The sixth would pay £3.
The seventh would pay £7.
The eighth would pay £12.
The ninth would pay £18.
The tenth man (the richest) would pay £59.

So, that's what they decided to do.

The ten men drank in the bar every day and seemed quite happy with the arrangement, until one day, the owner threw them a curve. "Since you are all such good customers," he said, "I'm going to reduce the cost of your daily beer by £20." Drinks for the ten now cost just £80.

The group still wanted to pay their bill the way we pay our taxes so the first four men were unaffected. They would still drink for free: but what about the other six men - the paying customers?

How could they divide the £20 windfall so that everyone would get his 'fair share?'
They realised that £20 divided by six is £3.33. But if they subtracted that from everyone's share, then the fifth man and the sixth man would each end up being paid to drink his beer. So, the bar owner suggested that it would be fair to reduce each man's bill by roughly the same amount, and he proceeded to work out the amounts each should pay.
And so:

The fifth man, like the first four, now paid nothing (100% savings).
The sixth now paid £2 instead of £3 (33%savings).
The seventh now pay £5 instead of £7 (28%savings).
The eighth now paid £9 instead of £12 (25% savings).
The ninth now paid £14 instead of £18 (22% savings).
The tenth now paid £49 instead of £59 (16% savings).

Each of the six was better off than before. And the first four continued to drink for free.
But once outside the restaurant, the men began to compare their savings:
"I only got a pound out of the £20," declared the sixth man.
He pointed to the tenth man, "but he got £10!"
"Yeah, that's right," exclaimed the fifth man. "I only saved a pound, too. It's unfair that he got ten times more than I did!"
"That's true!!" shouted the seventh man. "Why should he get £10 back when I got only two?
The wealthy get all the breaks!"
"Wait a minute," yelled the first four men in unison.
"We didn't get anything at all. The system exploits the poor!"
The nine men surrounded the tenth [richest] man and beat him up.
The next night the tenth man didn't show up for drinks, so the nine sat down and had beers without him. But when it came time to pay the bill, they discovered something important.
They didn't have enough money between all of them for even half of the bill!
And that, ladies and gentlemen, journalists and professors, is how our tax system works. The people who pay the highest taxes get the most benefit from a tax reduction. However, tax them too much, attack them for being wealthy, and they just may not show up anymore. In fact, they might start drinking overseas where the atmosphere is somewhat friendlier. (as some of you now do...)

For those who understand, no explanation is needed.For those who do not understand, no explanation is possible.