Moving on from the bonus tax thread, who agrees with progressive tax? IE You earn more, you pay a higher percentage of a larger pot (so increase is compounded) - rather than everyone paying a flat rate.
It's what we have at the moment, and Labour appear intent on increasing the spread - especially with their reference to "those with the broadest shoulders".Slightly Marxist in its theory but can wholeheartedly see the benefits
Cricko - what is your justification for a high earner paying for something a dosser would benefit from?
What do you class as fortunes? The higher rate band of £43k is hardly fortunes in anyones book - yet the individual earning that is most likely under a lot of stress, working for a boss and expected to put £43k's worth of effort in - if you are going to tax the truly rich, then surely a wealth tax is more appropriate for your viewpoint?
Why should a high earner who has private healthcare contribute to the NHS? In fact there's an argument for reduction in tax due to the lack of benefit.Eh?? you are going to have to run that buy me again sorry.
Exactly, 70k only equates to about 4k a month - not a huge amount after tax, national insurance. Take off mortgage of say £1000, shopping of say £700 a month, house bills of similar, council tax, might have a car lease, possibly csa, etc... and there's not much left over. It might seem a high figure but it really isn'tRight, ex hubby to be earns in excess of 70k pa yet "we" live like bloody paupers - it's all subjective and according to principles and income, unfortunately too many people these days have few if any principles and until someone (preferably unconnected with New Labour) gets to grips with it, we'll continue to be lost and wandering in the wilderness.
What do you class as fortunes? The higher rate band of £43k is hardly fortunes in anyones book - yet the individual earning that is most likely under a lot of stress, working for a boss and expected to put £43k's worth of effort in - if you are going to tax the truly rich, then surely a wealth tax is more appropriate for your viewpoint?
Exactly, 70k only equates to about 4k a month - not a huge amount after tax, national insurance. Take off mortgage of say £1000, shopping of say £700 a month, house bills of similar, council tax, might have a car lease, possibly csa, etc... and there's not much left over. It might seem a high figure but it really isn't
I agree the more you earn the more you pay - however percentages should be the same.Fortunes was probably a bad word...you live how you want to live....I do think effort is involved ..guys that work for Morrisons probably put the same effort in for their end of weeks wages as a guy in some bank...maybe the risks if you are on the investment arm are not the same ...but hey-ho the government will secure the banks future...I think the more you earn the more you pay and think yourself lucky that your upbringing and education has found you in this fortunate position.
Problem is the easily influenced will read about someone earning a "huge" 50k and think that they should donate it all to charity.You're bloody telling me!!!!:stunned:
Exactly, 70k only equates to about 4k a month - not a huge amount after tax, national insurance. Take off mortgage of say £1000, shopping of say £700 a month, house bills of similar, council tax, might have a car lease, possibly csa, etc... and there's not much left over. It might seem a high figure but it really isn't
I agree the more you earn the more you pay - however percentages should be the same.
And upbringing and education make no difference whatsoever, from my own experiences - in fact having lived on council estates up to the age of about 15 (unfortunately some of the worst in southend / shoebury area), and leaving school before my gcse's to get a yts, I've seen the scum who really abuse the system, and resent paying a single penny more than they do towards this country.
If you were to earn 70k, you'd say that £100k would mean living like a king.£70k ! I live on £700 per month, thats only £8400 a year, i work from 7.30 til 5 each day, the only benefit i get is that i get 14 weeks holiday a year. I have to pay rent, rates, gas and leccy, phone, car costs etc etc out of that. £4k would mean living like a king !
I agree the more you earn the more you pay - however percentages should be the same.
And upbringing and education make no difference whatsoever, from my own experiences - in fact having lived on council estates up to the age of about 15 (unfortunately some of the worst in southend / shoebury area), and leaving school before my gcse's to get a yts, I've seen the scum who really abuse the system, and resent paying a single penny more than they do towards this country.
an OldBlueLady orgasm, quoted for posterityGreen, green, green, green, GREEN!