Originally posted by Peoplesoft bloke
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Reply to: Dogmatic Fiddling while Rome burns
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Previously on "Dogmatic Fiddling while Rome burns"
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Then Sir Burton-Tufton is wrong. The 50p tax rate raises huge mountainous tuliploads of dosh. For accountants.
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Sadly another cretinous CUK socialist forum member who hasn't a clue.
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I'm amazed at how many people don't get this...Originally posted by Arturo Bassick View PostDo you really need that explained?
It doesn't raise any cash because most who are exposed to it are smart enough to take measures to avoid it. A less punitive regime would render the avoidance methods pointless and so more tax would be raised even at a lower rate.
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You really are not that clever are you?Originally posted by Peoplesoft bloke View PostAccording to Sir Bufton-Tufton the 50p tax rate is daft because it doesn't raise any cash - in which case it doesn't make a scrap of difference if it's there or not.
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Do you really need that explained?Originally posted by Peoplesoft bloke View PostAccording to Sir Bufton-Tufton the 50p tax rate is daft because it doesn't raise any cash - in which case it doesn't make a scrap of difference if it's there or not.
It doesn't raise any cash because most who are exposed to it are smart enough to take measures to avoid it. A less punitive regime would render the avoidance methods pointless and so more tax would be raised even at a lower rate.
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Dogmatic Fiddling while Rome burns
There's a story in this morning's Torygraph about the abolition of the 50p tax rate and the desire to fire anyone anytime. These are dogma, not the answer to a major economic meltdown. The unfair dismissal time limit has been moved back and forward each time there's a change of government - daft - it's like kids in a playground.
According to Sir Bufton-Tufton the 50p tax rate is daft because it doesn't raise any cash - in which case it doesn't make a scrap of difference if it's there or not.Tags: None
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