Labour to introduce 10p Tax Rate ...
15 February 2013, 03:20 PM
#31
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..... by taxing Mansions.
Seems very fair - squeeze the rich via something they cannot hide, their property.
The 10p rate will reward everyone, but will count most to those who are in need most.
We all know labour will win the next Election, this may be another reason to put your cross in the box for justice and equality.
Seems very fair - squeeze the rich via something they cannot hide, their property.
The 10p rate will reward everyone, but will count most to those who are in need most.
We all know labour will win the next Election, this may be another reason to put your cross in the box for justice and equality.
They would only be correcting their mistakes.
Les
15 February 2013, 06:39 PM
#34
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Is this the same party that were in power for 13 years with higher rate tax at 40%, who raised it to 50% about 5 minutes before getting kicked out, and now don't miss a chance to carp on about the Conservatives giving a 100K tax break to millionaires by dropping it back to 45% (which appears to be 5% more than it was for 99.6% of Labour's time in charge)?
They are incompetent, opportunistic hypocrites who don't have anything of value to contribute at this time.
They are incompetent, opportunistic hypocrites who don't have anything of value to contribute at this time.
15 February 2013, 06:49 PM
#35
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Yes, it was put to 50% just at the time of a worldwide crisis - exceptional economic choice ...... the Tory Toffs haven't a clue.
5% off tax for the rich - I benefit, of course, but it stinks - it really does .... at a time when the Tories say we are all in it together, they give those who do not need any more money .... even MORE!!
Your argument falls flat on its face - sorry.
5% off tax for the rich - I benefit, of course, but it stinks - it really does .... at a time when the Tories say we are all in it together, they give those who do not need any more money .... even MORE!!
Your argument falls flat on its face - sorry.
18 February 2013, 02:27 PM
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Les
18 February 2013, 02:56 PM
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I agree completely, there are several conditions whereby you would be in need of a disabled sticker, but be able to drive perfectly well. Indeed a friend of mine can drive fine. But she has 5/6th of her stomach removed and at present can walk about 10 feet before needing to sit down.
I was trying (unsuccessfully it seems!) to highlight the idiocy of assuming if you can drive, there is no way you are "properly" disabled.
18 February 2013, 07:29 PM
#39
Over taxing the wealthy and super rich is counter productive. The super rich just move country or their assets abroad, others will use more tax structures to lower their liability.
It is well known that if you have lower taxes for the wealthy that the overall tax revenues income to the treasury increases! Yes increases, and that is ultimately the goal of the government to have the maximum revenue to do good.
Does it matter that the wealthy have more income if the overall tax revenue increases?
Those who say not are those who are jealous of the wealth of those that have it.
Here is a perfect example of the tax system and how people think
Suppose that every day, ten men go out for beer and the bill for all ten comes to $100. If they paid their bill the way we pay our taxes, it would go something like this…
The first four men (the poorest) would pay nothing
The fifth would pay $1
The sixth would pay $3
The seventh would pay $7
The eighth would pay $12
The ninth would pay $18
The tenth man (the richest) would pay $59
So, that’s what they decided to do.
The ten men drank in the bar every day and seemed quite happy with the arrangement, until one day, the owner threw them a curve ball.
“Since you are all such good customers,” he said, “I’m going to reduce the cost of your daily beer by $20″. Drinks for the ten men would now cost just $80.
The group still wanted to pay their bill the way we pay our taxes. So the first four men were unaffected. They would still drink for free. But what about the other six men ? How could they divide the $20 windfall so that everyone would get his fair share?
The bar owner suggested that it would be fair to reduce each man’s bill by a higher percentage the poorer he was, to follow the principle of the tax system they had been using, and he proceeded to work out the amounts he suggested that each should now pay.
And so the fifth man, like the first four, now paid nothing (100% saving).
The sixth now paid $2 instead of $3 (33% saving).
The seventh now paid $5 instead of $7 (28% saving).
The eighth now paid $9 instead of $12 (25% saving).
The ninth now paid $14 instead of $18 (22% saving).
The tenth now paid $49 instead of $59 (16% saving).
Each of the six was better off than before. And the first four continued to drink for free. But, once outside the bar, the men began to compare their savings.
“I only got a dollar out of the $20 saving,” declared the sixth man. He pointed to the tenth man,”but he got $10!”
“Yeah, that’s right,” exclaimed the fifth man. “I only saved a dollar too. It’s unfair that he got ten times more benefit than me!”
“That’s true!” shouted the seventh man. “Why should he get $10 back, when I got only $2? The wealthy get all the breaks!”
“Wait a minute,” yelled the first four men in unison, “we didn’t get anything at all. This new tax system exploits the poor!”
The nine men surrounded the tenth and beat him up.
The next night the tenth man didn’t show up for drinks so the nine sat down and had their beers without him. But when it came time to pay the bill, they discovered something important. They didn’t have enough money between all of them for even half of the bill!
It is well known that if you have lower taxes for the wealthy that the overall tax revenues income to the treasury increases! Yes increases, and that is ultimately the goal of the government to have the maximum revenue to do good.
Does it matter that the wealthy have more income if the overall tax revenue increases?
Those who say not are those who are jealous of the wealth of those that have it.
Here is a perfect example of the tax system and how people think
Suppose that every day, ten men go out for beer and the bill for all ten comes to $100. If they paid their bill the way we pay our taxes, it would go something like this…
The first four men (the poorest) would pay nothing
The fifth would pay $1
The sixth would pay $3
The seventh would pay $7
The eighth would pay $12
The ninth would pay $18
The tenth man (the richest) would pay $59
So, that’s what they decided to do.
The ten men drank in the bar every day and seemed quite happy with the arrangement, until one day, the owner threw them a curve ball.
“Since you are all such good customers,” he said, “I’m going to reduce the cost of your daily beer by $20″. Drinks for the ten men would now cost just $80.
The group still wanted to pay their bill the way we pay our taxes. So the first four men were unaffected. They would still drink for free. But what about the other six men ? How could they divide the $20 windfall so that everyone would get his fair share?
The bar owner suggested that it would be fair to reduce each man’s bill by a higher percentage the poorer he was, to follow the principle of the tax system they had been using, and he proceeded to work out the amounts he suggested that each should now pay.
And so the fifth man, like the first four, now paid nothing (100% saving).
The sixth now paid $2 instead of $3 (33% saving).
The seventh now paid $5 instead of $7 (28% saving).
The eighth now paid $9 instead of $12 (25% saving).
The ninth now paid $14 instead of $18 (22% saving).
The tenth now paid $49 instead of $59 (16% saving).
Each of the six was better off than before. And the first four continued to drink for free. But, once outside the bar, the men began to compare their savings.
“I only got a dollar out of the $20 saving,” declared the sixth man. He pointed to the tenth man,”but he got $10!”
“Yeah, that’s right,” exclaimed the fifth man. “I only saved a dollar too. It’s unfair that he got ten times more benefit than me!”
“That’s true!” shouted the seventh man. “Why should he get $10 back, when I got only $2? The wealthy get all the breaks!”
“Wait a minute,” yelled the first four men in unison, “we didn’t get anything at all. This new tax system exploits the poor!”
The nine men surrounded the tenth and beat him up.
The next night the tenth man didn’t show up for drinks so the nine sat down and had their beers without him. But when it came time to pay the bill, they discovered something important. They didn’t have enough money between all of them for even half of the bill!
18 February 2013, 09:08 PM
#42
Scooby Regular
But if they want to double the effect of this new tax rate, all they have to do is avoid the bookies for a week. Poor my ****. Retarded, more like.
18 February 2013, 09:18 PM
#43
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um its just pointless even bringing this up the tax threshold is rising to allow the less wealthy to come off the tax system which kinda makes this redundant and usless
I hate labour blagging about what they would be doing right now if in power
they got us in this mess in the first place
kids getting a grand to have a kid this is just sick
giving out money left right and centre not caring what the EU was doing until it was to late
I cant see the mansion tax working as the value of a property is down to how much you want for it really isn't it what if you get your partner to by your property of you for a £10 then its only worth a tenner on paper Right
this will also cost the same as getting it so return would be none or slim
I hate labour blagging about what they would be doing right now if in power
they got us in this mess in the first place
kids getting a grand to have a kid this is just sick
giving out money left right and centre not caring what the EU was doing until it was to late
I cant see the mansion tax working as the value of a property is down to how much you want for it really isn't it what if you get your partner to by your property of you for a £10 then its only worth a tenner on paper Right
this will also cost the same as getting it so return would be none or slim
19 February 2013, 03:19 PM
#44
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I think you may have missed my sarcasm Les.
I agree completely, there are several conditions whereby you would be in need of a disabled sticker, but be able to drive perfectly well. Indeed a friend of mine can drive fine. But she has 5/6th of her stomach removed and at present can walk about 10 feet before needing to sit down.
I was trying (unsuccessfully it seems!) to highlight the idiocy of assuming if you can drive, there is no way you are "properly" disabled.
I agree completely, there are several conditions whereby you would be in need of a disabled sticker, but be able to drive perfectly well. Indeed a friend of mine can drive fine. But she has 5/6th of her stomach removed and at present can walk about 10 feet before needing to sit down.
I was trying (unsuccessfully it seems!) to highlight the idiocy of assuming if you can drive, there is no way you are "properly" disabled.
Yes ok!
Les
20 February 2013, 11:03 AM
#45
Scooby Regular
Also, make the jobless work in the community for their benefits - clean the streets, tidy the elderly's gardens, ect.
I like the disability tests ..... it makes me laugh that those protesting against these tests are in wheelchairs - it's not them who are targetted ....... but the fat lazy gits who have bad backs due to them being lard 4rses!
But the 10p tax rate is just lip service to win votes. Milliband its a ****. Brown canned it for a reason - it is a total waste of time and of neglegable benefit to those who supposedly need it.
20 February 2013, 11:04 AM
#46
Scooby Regular
Since when was **** worthy of the swear filter???
22 February 2013, 04:39 PM
#50
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Over taxing the wealthy and super rich is counter productive. The super rich just move country or their assets abroad, others will use more tax structures to lower their liability.
It is well known that if you have lower taxes for the wealthy that the overall tax revenues income to the treasury increases! Yes increases, and that is ultimately the goal of the government to have the maximum revenue to do good.
Does it matter that the wealthy have more income if the overall tax revenue increases?
Those who say not are those who are jealous of the wealth of those that have it.
Here is a perfect example of the tax system and how people think
Suppose that every day, ten men go out for beer and the bill for all ten comes to $100. If they paid their bill the way we pay our taxes, it would go something like this…
The first four men (the poorest) would pay nothing
The fifth would pay $1
The sixth would pay $3
The seventh would pay $7
The eighth would pay $12
The ninth would pay $18
The tenth man (the richest) would pay $59
So, that’s what they decided to do.
The ten men drank in the bar every day and seemed quite happy with the arrangement, until one day, the owner threw them a curve ball.
“Since you are all such good customers,” he said, “I’m going to reduce the cost of your daily beer by $20″. Drinks for the ten men would now cost just $80.
The group still wanted to pay their bill the way we pay our taxes. So the first four men were unaffected. They would still drink for free. But what about the other six men ? How could they divide the $20 windfall so that everyone would get his fair share?
The bar owner suggested that it would be fair to reduce each man’s bill by a higher percentage the poorer he was, to follow the principle of the tax system they had been using, and he proceeded to work out the amounts he suggested that each should now pay.
And so the fifth man, like the first four, now paid nothing (100% saving).
The sixth now paid $2 instead of $3 (33% saving).
The seventh now paid $5 instead of $7 (28% saving).
The eighth now paid $9 instead of $12 (25% saving).
The ninth now paid $14 instead of $18 (22% saving).
The tenth now paid $49 instead of $59 (16% saving).
Each of the six was better off than before. And the first four continued to drink for free. But, once outside the bar, the men began to compare their savings.
“I only got a dollar out of the $20 saving,” declared the sixth man. He pointed to the tenth man,”but he got $10!”
“Yeah, that’s right,” exclaimed the fifth man. “I only saved a dollar too. It’s unfair that he got ten times more benefit than me!”
“That’s true!” shouted the seventh man. “Why should he get $10 back, when I got only $2? The wealthy get all the breaks!”
“Wait a minute,” yelled the first four men in unison, “we didn’t get anything at all. This new tax system exploits the poor!”
The nine men surrounded the tenth and beat him up.
The next night the tenth man didn’t show up for drinks so the nine sat down and had their beers without him. But when it came time to pay the bill, they discovered something important. They didn’t have enough money between all of them for even half of the bill!
It is well known that if you have lower taxes for the wealthy that the overall tax revenues income to the treasury increases! Yes increases, and that is ultimately the goal of the government to have the maximum revenue to do good.
Does it matter that the wealthy have more income if the overall tax revenue increases?
Those who say not are those who are jealous of the wealth of those that have it.
Here is a perfect example of the tax system and how people think
Suppose that every day, ten men go out for beer and the bill for all ten comes to $100. If they paid their bill the way we pay our taxes, it would go something like this…
The first four men (the poorest) would pay nothing
The fifth would pay $1
The sixth would pay $3
The seventh would pay $7
The eighth would pay $12
The ninth would pay $18
The tenth man (the richest) would pay $59
So, that’s what they decided to do.
The ten men drank in the bar every day and seemed quite happy with the arrangement, until one day, the owner threw them a curve ball.
“Since you are all such good customers,” he said, “I’m going to reduce the cost of your daily beer by $20″. Drinks for the ten men would now cost just $80.
The group still wanted to pay their bill the way we pay our taxes. So the first four men were unaffected. They would still drink for free. But what about the other six men ? How could they divide the $20 windfall so that everyone would get his fair share?
The bar owner suggested that it would be fair to reduce each man’s bill by a higher percentage the poorer he was, to follow the principle of the tax system they had been using, and he proceeded to work out the amounts he suggested that each should now pay.
And so the fifth man, like the first four, now paid nothing (100% saving).
The sixth now paid $2 instead of $3 (33% saving).
The seventh now paid $5 instead of $7 (28% saving).
The eighth now paid $9 instead of $12 (25% saving).
The ninth now paid $14 instead of $18 (22% saving).
The tenth now paid $49 instead of $59 (16% saving).
Each of the six was better off than before. And the first four continued to drink for free. But, once outside the bar, the men began to compare their savings.
“I only got a dollar out of the $20 saving,” declared the sixth man. He pointed to the tenth man,”but he got $10!”
“Yeah, that’s right,” exclaimed the fifth man. “I only saved a dollar too. It’s unfair that he got ten times more benefit than me!”
“That’s true!” shouted the seventh man. “Why should he get $10 back, when I got only $2? The wealthy get all the breaks!”
“Wait a minute,” yelled the first four men in unison, “we didn’t get anything at all. This new tax system exploits the poor!”
The nine men surrounded the tenth and beat him up.
The next night the tenth man didn’t show up for drinks so the nine sat down and had their beers without him. But when it came time to pay the bill, they discovered something important. They didn’t have enough money between all of them for even half of the bill!
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