The Labour Government

Note: Non dom means living here with all the benefits such as NHS, roads, schools etc, while pretending to be based abroad.
 
Brewster's millions said:
Not really a question of preference, more a question of designing a set of rules which doesn’t drive wealthy foreigners out of the country and cost the UK tax revenue in the process.
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But the 2017 changes didn’t make them leave and those changes were huge.
We really need to make our minds up about all this.

Either the UK is a great country and a great place to live, with huge amounts of potential, that is inherently fair minded and believes we should all contribute or it’s not. We really do need to stop with cakeism and have some basic principles most people can agree with and fairness is, surely, the start point?
 
bluethrunthru said:
what we actually need to do is design a system where the wealthy remain here and pay the same %age tax as a nurse or an OAP does on their income with no "creative" methods so that they do not pay their fair amount. Sadly that is what is being proposed and they threaten to leave so the question is who on here is happy to earn £40k pa and pay 40% income tax when Rishi Sunak had income of £2.2m and paid an effective rate of 23% ?

As an aside has Charlie Mullins given his daily interview yet threatening to leave and take his cash to Spain (where they already have a wealth tax?)
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You’ve not thought this through.

A nurse on £30k a year will pay 16.3% of income in tax and NI
A nurse on £35k a year will pay 17.9%
Someone on £40k a year will pay 19.2% not the 40% you talk about.
Maybe you meant to compare Sunak to someone being paid £3m a year who pays 46% in tax and NI?

Of course once you get further in to the upper tax bracket you’ll pay more and someone on comparatively modest income to Sunak would pay more.

However what I suspect you’re asking for is a system where all income is taxed at the same rate as pay, which sounds great in principle, but is littered with issues so you end up creating specific rules for specific cases and low and behold you’ve created loopholes. There certainly are some things you could tax fairer.
 
Only just read about this but that's me back on petrol once my lease ends.

My EV has been the best car I've ever driven but £410 extra per year removes a key benefit of getting one.

And somebody with a 10 year old diesel chugger will pay less, utterly bonkers.

 
inbetween said:
Only just read about this but that's me back on petrol once my lease ends.

My EV has been the best car I've ever driven but £410 extra per year removes a key benefit of getting one.

And somebody with a 10 year old diesel chugger will pay less, utterly bonkers.

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I hope Elon Musk doesn’t find out….he's already got the UK on his shit list
 
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