Good for you. Walking the talk.
You are using an out of date browser. It may not display this or other websites correctly.
You should upgrade or use an alternative browser.
You should upgrade or use an alternative browser.
Taxing the super rich
- Thread starter KS55
- Start date
Good for you. Walking the talk.
aguero93:20
Well-Known Member
- Joined
- 21 Oct 2013
- Messages
- 90,256
- Location
- Hunting Cats.
- Team supported
- Some gobshites in day-glo green and black.
Those who can't pay, shouldn't, those who can pay, should. Disagree?Well good for you, seriously.
I don't have enough myself to hand any extra over.
Chippy_boy
Well-Known Member
If there was widespread support for EVERYONE chipping in more to pay for better public services, where's the proposals to increase the basic rate and the higher rates of income tax to say 21p and 41p?
Then everyone apart from those so poor as to not be paying any tax, would pay more. Someone on £20k a year would pay only £81 a year more.
Someone on £120,000 a year would pay roughly £1,200 more.
Seems fair? Why is no major party proposing it? Because Labour want OTHER PEOPLE to pay, not their core voters. And the Tories don't want to nobble their core voters either.
Then everyone apart from those so poor as to not be paying any tax, would pay more. Someone on £20k a year would pay only £81 a year more.
Someone on £120,000 a year would pay roughly £1,200 more.
Seems fair? Why is no major party proposing it? Because Labour want OTHER PEOPLE to pay, not their core voters. And the Tories don't want to nobble their core voters either.
Yet those countries with higher tax takes are growing at faster rates than the UK. The tax/growth relationship is a complex one and the idea that taxing people results in economic stagnation is a nasty right-wing myth propagated mainly by the selfish and the stupid.
The growth of the economy has nothing to do with tax collection.
If it was true then the list of countries rated by highest to lowest tax collectors would correlate with the fastest growing countries by highest to lowest but it doesn't.
Our GDP growth rate is higher than the highest tax country in Europe (Belgium) and we are going through Brexit! France is another with high corporation tax rates and they are growing at the exact same rate as ours but they have massively higher unemployment rates etc.
Think of your local pub, if you taxed them more, do you think they will earn more money based upon their ability to buy more stock, employ more people etc? Tax the rich more and will they start a business, take risks to spend that money etc or will they just not bother?
aguero93:20
Well-Known Member
- Joined
- 21 Oct 2013
- Messages
- 90,256
- Location
- Hunting Cats.
- Team supported
- Some gobshites in day-glo green and black.
Long fucking story but I wouldn't be alive today if not for our health service, but then none of us would be alive without the infrastructure of society. As I said, standing on the shoulders of giants.Good for you. Walking the talk.
Long fucking story but I wouldn't be alive today if not for our health service, but then none of us would be alive without the infrastructure of society. As I said, standing on the shoulders of giants.
There was no side to that remark. I meant every word. Seriously good on you.
aguero93:20
Well-Known Member
- Joined
- 21 Oct 2013
- Messages
- 90,256
- Location
- Hunting Cats.
- Team supported
- Some gobshites in day-glo green and black.
20, 45, 60, 68.If there was widespread support for EVERYONE chipping in more to pay for better public services, where's the proposals to increase the basic rate and the higher rates of income tax to say 21p and 41p?
Then everyone apart from those so poor as to not be paying any tax, would pay more. Someone on £20k a year would pay only £81 a year more.
Someone on £120,000 a year would pay roughly £1,200 more.
Seems fair? Why is no major party proposing it? Because Labour want OTHER PEOPLE to pay, not their core voters. And the Tories don't want to nobble their core voters either.
£20k, £55k, £90k, £116k.
aguero93:20
Well-Known Member
- Joined
- 21 Oct 2013
- Messages
- 90,256
- Location
- Hunting Cats.
- Team supported
- Some gobshites in day-glo green and black.
You were born in a hospital, educated in a school and a college. You owe no less than I do.There was no side to that remark. I meant every word. Seriously good on you.
You were born in a hospital, educated in a school and a college. You owe no less than I do.
Oh I pay. Don't worry about that.
Fame Monster
Well-Known Member
Dear God, ok, since you don't apparently realise this, eurostat is compiled from the compulsory reporting requirement for the Eurozone. The UK is not compelled to report into them, so they take UK ONS data. However, uniquely for the UK, the financial year is different, so your Q3 data is differently aligned to the other European countries. Thus, that 1.8% remains the calendar year for 2017, and in this current year it has continued to fall.
https://obr.uk/forecasts-in-depth/brief-guides-and-explainers/public-finances/
What did I tell you about taking snapshots? You ignored it before.
Fallen to what, a projected deficit of 1.2%. That's the metric I was using. The EU27 Q2 deficit is 0.3%, our yearly deficit is 1.2%. Our deficit is at least quadruple what the EU27 is.