05-03-14, 01:52 PM
I'd have the personal allowance higher. I see no point having people pay tax to then return it to them via benefits or tax credits. Scrap all of the benefits and tax credits then the tax take doesn't need to be so high.
Not sure where the net effect of benefits vs tax is zero (especially as it is complex due to circumstances and benefits) but there are some interesting examples out there.
There does need to be safety net to catch those made unemployed, sick ill etc, exactly where that should be is part of the issue.
Simpler, so cheaper and easier to administer systems would lower tax. Would also make accounting cheaper for businesses and individuals. Also a cut of benefits (but remember - this is balanced by those in work paying less tax) seems a sensible way forward to me.
The alternative of high tax with government redistribution of wealth is not attractive to me. If you work hard and earn, why shouldn't you be better off? If you earn a lot why shouldn't you be able to leave this earnt money to your children (or anyone you choose to for that matter)?
I'm not a socialist! I am someone from a working class background who has worked hard to get an average salary. I see that if I work a bit harder I'll only see 50% of that money actually come to me. I can't afford foreign holidays at the moment so don't consider myself 'rich'.
Not sure where the net effect of benefits vs tax is zero (especially as it is complex due to circumstances and benefits) but there are some interesting examples out there.
There does need to be safety net to catch those made unemployed, sick ill etc, exactly where that should be is part of the issue.
Simpler, so cheaper and easier to administer systems would lower tax. Would also make accounting cheaper for businesses and individuals. Also a cut of benefits (but remember - this is balanced by those in work paying less tax) seems a sensible way forward to me.
The alternative of high tax with government redistribution of wealth is not attractive to me. If you work hard and earn, why shouldn't you be better off? If you earn a lot why shouldn't you be able to leave this earnt money to your children (or anyone you choose to for that matter)?
I'm not a socialist! I am someone from a working class background who has worked hard to get an average salary. I see that if I work a bit harder I'll only see 50% of that money actually come to me. I can't afford foreign holidays at the moment so don't consider myself 'rich'.