So you want inequality then? Because we should positively discriminate for the poor? And only the rich should pay VAT?
VAT is a consumption tax which disproportionately affects the poorest. It went up soon after the Tories got into power.
That is why income tax only starts at nearly 1k a month income. VAT has to be charged at the same rate for everyone otherwise it would be a nightmare in the shops.Yes.
I'm actually against all personal taxes in principal but if anyone should have to pay them it should be those most able to.
They already are. They hand over half of what they earn already.So what?
Again and I have said it throughout the thread, why should the rich be punished for doing well.
Why should the poor be punished for doing badly?So what?
Again and I have said it throughout the thread, why should the rich be punished for doing well.
That is assuming they pay tax on ALL their income which we know not to be the case.They already are. They hand over half of what they earn already.
So 50% income tax and VAT at 20%. They are left with 30%. And that is without other taxes they have to pay.
So what?
Again and I have said it throughout the thread, why should the rich be punished for doing well.
They already are. They hand over half of what they earn already.
So 50% income tax and VAT at 20%. They are left with 30%. And that is without other taxes they have to pay.
That is assuming they pay tax on ALL their income which we know not to be the case.
As a proportion of TOTAL income rich people pay less tax than poor people.
Economy introductions: income tax and who pays it
Which is inevitable due to tax on consumer goods.
So what is wrong there?Jesus wept
Why should the poor be punished for doing badly?
They're not being 'punished'. Why should the poor be 'punished' for not earning so much (if that means doing badly)?
By poor I don't just mean those who don't work.
Not to pick on Astute but this highlights the problem all parties have in getting economic policy over to the masses. Even in sound bite form people struggle so when you drill down into the detail you've already lost the interest of most voters.Jesus wept
Not to pick on Astute but this highlights the problem all parties have in getting economic policy over to the masses. Even in sound bite form people struggle so when you drill down into the detail you've already lost the interest of most voters.
Deficit wiped out by 2015 wasn't it? Actually it's increased, quick, let's start going on about Corbyn!!
They aren’t being punished? It’s a fair rate? Everyone pays it. The poor are also the ones begging for houses, benefits, and food banks, yet they don’t wish to pay anything into supporting it?
Rich people should support them why? Again I go back to the point. It’s all about personal responsibility there is nothing wrong with being down in the dirt and needing help, there is something wrong with blaming everyone else and expecting others to bail you out constantly
Bollocks, it's decreased every single year since 2010.
They aren’t being punished? It’s a fair rate? Everyone pays it. The poor are also the ones begging for houses, benefits, and food banks, yet they don’t wish to pay anything into supporting it?
Rich people should support them why? Again I go back to the point. It’s all about personal responsibility there is nothing wrong with being down in the dirt and needing help, there is something wrong with blaming everyone else and expecting others to bail you out constantly
Perish the thought someone wants a roof over their head, and some food...What a load of half-baked rubbish. Who has said the 'poor' don't wish to pay anything? You have just made that up you fool.
Those who have had it passed down to them don't pay income tax on it.Not every rich person has got there by their own endeavour, in reality the majority of wealth is passed down and on. I bet if you looked at everyone alive today, the proportion of those who got off their arse and earnt it themselves is significant outweighed by those that were born into that wealth. There is a reason why most of the worlds wealth is within a tiny amount of its population.
You are also kind of intimating that every poor person is there because of their failings... again not even remotely accurate. Quite often born into a cycle that cannot easily be escaped.
Those who have had it passed down to them don't pay income tax on it.
What we have to be careful of is people not wanting to risk everything to make money when they know they will pay a very high rate of income tax if their gamble pays off. It is jobs that we need.
Perish the thought someone wants a roof over their head, and some food...
Those who have had it passed down to them don't pay income tax on it.
What we have to be careful of is people not wanting to risk everything to make money when they know they will pay a very high rate of income tax if their gamble pays off. It is jobs that we need.
Not every rich person has got there by their own endeavour, in reality the majority of wealth is passed down and on. I bet if you looked at everyone alive today, the proportion of those who got off their arse and earnt it themselves is significant outweighed by those that were born into that wealth. There is a reason why most of the worlds wealth is within a tiny amount of its population.
You are also kind of intimating that every poor person is there because of their failings... again not even remotely accurate. Quite often born into a cycle that cannot easily be escaped.
What a load of half-baked rubbish. Who has said the 'poor' don't wish to pay anything? You have just made that up you fool.
But on a very primitive level if you eliminate tax avoidance you could spend on housing (including social) which would in turn create jobs.
This is the problem, it isn't as simple as that is it?
There's no reason it couldn't be - if the desire to change things was there.
No it hasn't, though I appreciate it's a little bit more complicated than it has or it hasn't:Bollocks, it's decreased every single year since 2010.
It’s not, but it’s the basis of a good debate, I think Astute and others have showed a willingness to budge on opinions and accept other views, whereas others just read and see what they want to see, in order to constantly stick by the same point even when wrong.
No it hasn't, though I appreciate it's a little bit more complicated than it has or it hasn't:
Labour and Conservative records on the national debt
But one thing is definite, it wasn't wiped out in 2015 as per their manifesto.
I've held my hands up to be wrong before on here too, as have many others. Even when they are wrong? People are always going to have a range of opinions, just because you don't agree with them doesn't make them wrong.
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