Tax ''thiefing Scumbags''

[Lawrence]

Once you've paid the tax on the 5 quid, what you've got left will buy less than the £1000 you had at the start of the year, thanks to inflation. Yes you've got more money, as in more pounds, but less wealth, which ultimately is the important thing, and what we mean when we say we're making money. We are getting less rich.

Yes, which is down to the pony interest rate.  Once that starts to go up again then savings will be making money.  Until then it's as you say.

So what you are saying is we would be better off spending our savings now on things we will need in the future... things like a new bike.

Exactly

[midden]

If taxes were significantly reduced do not think in the long term wages would also reduce. So foccers of the future would be having the same debate but arguing against flat rate tax.

[Razgruff]

So this goes around the same old loop, benefit scroungers, And how we would tax each other. :\

No mention of Bank bail outs, Rail subsidies oil industry subsidies, I mean if these companies need subsidies how come they can pay share holders dividends ?

If I run a company into the ground does the government give me free insurance, for when I fuck a job up?
Shore up my dodgy practices.
Does the government allow me to keep the big house fast cars and massive wine seller I obtained with the bonuses I paid myself while running my company into the ground?
Does the government allow me to retire or continue in my job on a massive salary still receiving all my benefits?

Does the government Tax office ask me to pop in to the office and discuss how much Tax I would like to pay ?

And what if the government does get it's act together and start to sort this out.
Well I just threaten to fuck off somewhere else lol.

What happens if I fuck up is I end up homeless and skint (been there done that)
What happens is the banks fuck up, I ended up homeless and skint.

All I ask is fair treatment from the tax system.
will it happen never ????????????  :rolleyes

[fazersharp]

Razgruff -------for PM gets, my vote

[Dead Eye]

Definitely touched on some important points. There are sooo many things "wrong" (by opinion) that its hard to keep track of them all... I wonder if that's something the government relies on... make us all squabble over which issues are more important / relevant

Anyway, I digress. If you like the idea of trying to run your own government and enjoy games, I've heard some interesting things about a game called Democracy 3 - it's simulation engine seems quite interesting. http://store.steampowered.com/app/245470/

I haven't personally tried it as it's price tag is a bit too high for me to bite, but thought I'd mention it

[Mattsplat]

Pah, complaining about taxes...

I live in a country that has 42% tax rate, I pay about £200 per year road tax for my bike, 21% VAT and have to pay for private medical insurance.

Would I move back to the UK, no way!
My lifestyle here is sooo much better, hardly any crime, no hospital waiting lists, better benefit system, clean streets, no yobs etc etc etc...

I could go on and on about the advantages of living in a 'more expensive' country but I'd just make you jealous  :rollin

The UK only looks good when your 'in it', step outside for a while and you'll see that the system isn't that great after all. There is no great in Great Britain anymore  :o

[esetest]

very much nearer to crime free , where do you live , I'm moving to your part of the country .

But I am so glad I live in a civilisation where you get educated, your health is looked after, our nation is kept very much nearer to crime free.

[chris.biker]

[quote author=chris.biker link=topic=11938.msg131505#msg131505 date=1393887706]
very much nearer to crime free , where do you live , I'm moving to your part of the country .

But I am so glad I live in a civilisation where you get educated, your health is looked after, our nation is kept very much nearer to crime free.

[/quote]


Well I live in a nice bit i guess, but I would like to think Britain's worst spots are far better than many parts in the world.

[esetest]

I agree there are far worst places to live than Britain , although after the weekend I have an axe and a wrecking bar under the bed . As for tax if I was earning £150k a year I would be happy to pay 50% tax but I know I would be in a minority on that  , although I don't believe all the rich would flee abroad as it was higher under Thatcher and they did alright out of it .
I'm also glad we are  allowed to express different opinions and have a moan , nobody will ever agree on tax .

[quote author=esetest link=topic=11938.msg132104#msg132104 date=1394122214]
[quote author=chris.biker link=topic=11938.msg131505#msg131505 date=1393887706]
very much nearer to crime free , where do you live , I'm moving to your part of the country .

But I am so glad I live in a civilisation where you get educated, your health is looked after, our nation is kept very much nearer to crime free.

[/quote]


Well I live in a nice bit i guess, but I would like to think Britain's worst spots are far better than many parts in the world.
[/quote]

[Grahamm]

No bonus! If you overtax the wealthy, they will leave the country, case in point: France (one of their most successful actors, Gérard Depardieu is technically now Russian!) The wealthy put the most in to the system, and typically draw the least (no benefits, often use private health care etc).

I'm not talking about ridiculous levels of taxation (eg back in the 1970s in the UK it was theoretically possible to be on a 95% tax rate!) but it seems fair to me that the biggest burden falls on those with the broadest shoulders.

And I disagree that the wealthy put the most in, they simply can afford to save more which the less well-off cannot.

On the stepped system, what about the unfortunate middle classes who end up just above that step? They are then clobbered with a disproportionate tax.

No, because all earnings up to that threshold pay tax at the lower percentage and only that which is earned above the threshold gets taxed at the higher rate.

[quote author=Grahamm link=topic=11938.msg131726#msg131726 date=1393974497]

Cease child benefit.

Why? Is this "If you can't afford kids, you shouldn't have them" attitude to stop the poor from breeding??

I prefer the earlier suggestion: cap it at a set number of children to prevent benefit fraud. [/quote]

So if you have more than the state approved number of children, you're a benefits fraudster???

[quote author=Grahamm link=topic=11938.msg131726#msg131726 date=1393974497]

Cease tax free schemes like ISAs

Again, why? If you want things simplified, how are these complicated? There's no need to account for the interest on your tax return and the providers don't have to collect tax and pay it to the government.

I think this ties in with the flat tax idea. You get taxed on all the money you have, but it's a flat rate. [/quote]

Which hits the less well off harder.

Flat rate VAT doesn't mean it needs to hike up (although it probably would)...

IIRC The UK had to fight to get exemptions on books and childrens' clothes and a reduced level of VAT on things like gas and electricity, the original EU plan was for *everything* to be charged at one rate and part of the agreement was that no other goods would be included subsequently.

But, again, VAT hits the less well off harder.

[Grahamm]

[quote author=Grahamm link=topic=11938.msg131724#msg131724 date=1393973977]
No, a system, based solely on emissions, doesn't take into account the wear and tear a vehicle causes to the road, nor the congestion that it contributes to.

Any reasonable system should take both pollution and road wear into account.

And how do you quantify those?  As someone who filters at pretty much every opportunity, should I pay less tax than someone on the same bike who sits in a queue of traffic?
[/quote]

You take an average figure, of course, unless you want a system where the Government monitors every journey you make?

[Grahamm]

By a flat rate of income tax I do mean just that. Say 30 percent (remember that ni would be included). The richer don't get a bonus. They do get to keep more of what they have earned. However rich people would still pay more tax than poor people (as it is a percentage).

Which is great if you're rich, you get more money and can afford to save, thus earning interest too.

Unfortunately if you're less well-off, you get screwed because you're having to use a bigger proportion of your income simply to pay day to day expenses and cannot afford to save.

[Grahamm]

If you stick £1000 in a savings account for a year you'll have £1005 at the end so you pay income tax on the £5 you earn.

Then you've got it in the wrong account!

You can get 1.75% tax free from an ISA for £17.50 interest all of which you get to keep.