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Previously on "Do away with the myriad of pointless benefits, tax credits etc..."

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  • Gibbon
    replied
    Originally posted by DimPrawn View Post
    WHS

    A very high tax free allowance and then a flat rate. I would say this is the fairest and simplest system to have.

    It would have to be about £15K minimum to work.
    Agreed, the other benefit is that it would help make a difference between work and benefits for most.

    Leave a comment:


  • gingerjedi
    replied
    Originally posted by ItsQuickerAntiClockwise View Post
    WHS .......

    The only way you could make it slightly fairer is to make sure you have a high no-tax-paid threshold, like £10,000 or even £15,000 ....... That way all everyone has enough to make sure they can afford the basics of living. After that you get taxed a flat rate on what you earn.
    Which is exactly how it would be implemented, I'd say at least 15k. At the moment they take it with one hand and give it back with another, pointless.

    I often wonder what someone needs to earn to be a net benefit to the country in terms of tax? I reckon it has to near £20k, anything below that is effectively subsidised by everone else.

    No wonder McDonalds turns such a healthy profit.

    Leave a comment:


  • Mich the Tester
    replied
    Originally posted by SupremeSpod View Post
    I think you'll find that some are more equal than others...
    It’s to be hoped so otherwise they’d all be 4 foot 6 and malnourished.

    Leave a comment:


  • SupremeSpod
    replied
    Originally posted by ItsQuickerAntiClockwise View Post
    If you want fairness, move to China. Everyone is equal over there apparently.
    I think you'll find that some are more equal than others...

    Leave a comment:


  • ItsQuickerAntiClockwise
    replied
    Originally posted by Boudica View Post
    agreed, however there is too much money being made by those who assist tax minimisation (avoidance) and too many inert civil servants thinking up new policies and impossible to understand legislation

    it's nothing to do with fairness, ever!
    If you want fairness, move to China. Everyone is equal over there apparently.

    Leave a comment:


  • Boudica
    replied
    Originally posted by DimPrawn View Post
    WHS

    A very high tax free allowance and then a flat rate. I would say this is the fairest and simplest system to have.

    It would have to be about £15K minimum to work.
    agreed, however there is too much money being made by those who assist tax minimisation (avoidance) and too many inert civil servants thinking up new policies and impossible to understand legislation

    it's nothing to do with fairness, ever!

    Leave a comment:


  • HairyArsedBloke
    replied
    Scrap the minimum wage, benefits, employment 'protection' laws, 'elf and safety, and other stuff that has been a burden for years. It would all sort itself out in no time.

    It won't be nice.

    There is a choice: do it now as considerable cost, or do it later at extortionate cost. It is far too late for any 'soft landing' to happen.

    Leave a comment:


  • DimPrawn
    replied
    Originally posted by ItsQuickerAntiClockwise View Post
    WHS .......

    The only way you could make it slightly fairer is to make sure you have a high no-tax-paid threshold, like £10,000 or even £15,000 ....... That way all everyone has enough to make sure they can afford the basics of living. After that you get taxed a flat rate on what you earn.
    WHS

    A very high tax free allowance and then a flat rate. I would say this is the fairest and simplest system to have.

    It would have to be about £15K minimum to work.

    Leave a comment:


  • ItsQuickerAntiClockwise
    replied
    Originally posted by DimPrawn View Post
    I think the argument is that say 30% tax on £20K is a lot harder to take than 30% tax on an income of £200K.
    WHS .......

    The only way you could make it slightly fairer is to make sure you have a high no-tax-paid threshold, like £10,000 or even £15,000 ....... That way all everyone has enough to make sure they can afford the basics of living. After that you get taxed a flat rate on what you earn.

    Leave a comment:


  • Mich the Tester
    replied
    Originally posted by DimPrawn View Post
    How ******* hard is it?
    Wrong question. How much work does it provide for contractors?

    Leave a comment:


  • DimPrawn
    replied
    I think the argument is that say 30% tax on £20K is a lot harder to take than 30% tax on an income of £200K.

    Leave a comment:


  • gingerjedi
    replied
    Originally posted by ItsQuickerAntiClockwise View Post
    Flat taxes aren't fair.

    They are for me and you, but not for the majority of society.
    Why not?

    Leave a comment:


  • ItsQuickerAntiClockwise
    replied
    Originally posted by Boudica View Post
    or have a flat tax?

    imagine how many pen-pushers that would do out of a job

    government cronies won't get rid of the myriad of benefits and tax credits because it keeps them in work
    Flat taxes aren't fair.

    They are for me and you, but not for the majority of society.

    Leave a comment:


  • Boudica
    replied
    Originally posted by DimPrawn View Post
    ...and raise the minimum wage and cut tax and NI for low earners.

    How ******* hard is it?
    or have a flat tax?

    imagine how many pen-pushers that would do out of a job

    government cronies won't get rid of the myriad of benefits and tax credits because it keeps them in work

    Leave a comment:


  • ItsQuickerAntiClockwise
    replied
    Originally posted by DimPrawn View Post
    ...and raise the minimum wage and cut tax and NI for low earners.

    How ******* hard is it?

    I hear ya Dim Prawn....... the Con-Dems don't but I do.

    Leave a comment:

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