Budget 2010

[Strife212]

Invaribly they got those "ridiculous" sized houses and cars by working bloody hard.

hehe

 

[doodah]

Why is the Government still buying things we can't afford.

The Trident replacement according to some will cost 130 billion.

Spread over 10-30 years, it doesn't come to that much.

 

[Luseac]

Spread over 10-30 years, it doesn't come to that much.

And considering the Royal Navy is at it's lowest ship count for hundreds of years (a situation only going to get worse) we need to maintain some form of meaningful deterrent.

 

[krooton]

Damn right they should. Invaribly they got those "ridiculous" sized houses and cars by having a wealthy family.

FTFY

 

[JC]

so rich people who drive around in ridiculous sized cars and live in ridiculous sized houses should pay the same as someone who earns 10,00 quid, OMFG what a stupid comment

its not the same is it 1% of £100,000 is a lot more than 1% of a £10,000 salary

 

[Glaucus]

so rich people who drive around in ridiculous sized cars and live in ridiculous sized houses should pay the same as someone who earns 10,00 quid, OMFG what a stupid comment

No, it means they pay the same %, they'll pay a he'll of a lot more.

 

[Adam]

I'm over the moan with the budget this year. I am due to complete on a house purchase on Friday, the new rate is effective from midnight tonight. It's looking like I'll be £2k+ better off

 

[markweatherill]

Why should the successful be punished by jealousy taxes?

Edit: just been on www.listentotaxman.com and someone earning 100k a year pays £29,930.00 (£575.58 a week) in income tax. Incredible.

That leaves them with a pittance to live on, does it?
The better off can simply afford a greater percentage of their income to be taken in taxes than poor people.
Is it fair? In a welfare state it redistributes the wealth to some or other extent. Is a welfare state 'fair'?

 

[Luseac]

Is a welfare state 'fair'?

In its current form, no.

What could be more 'fair' than a 10/15K allowance then 20-25% thereafter?

 

[fornowagain]

Edit: just been on www.listentotaxman.com and someone earning 100k a year pays £29,930.00 (£575.58 a week) in income tax. Incredible.

Oooh only leaves them 70 grand a year to live on, how will they manage?

Invaribly they got those "ridiculous" sized houses and cars by working bloody hard.

Lol, yeah of course they did.

 

[Glaucus]

In its current form, no.

What could be more 'fair' than a 10/15K allowance then 20-25% thereafter?

Exactly and set it at the poverty line, which I belive is ~12.5k

 

[scorza]

Oooh only leaves them 70 grand a year to live on, how will they manage?

Yeah but they're so much better than poor people. Poor people should be paying them to live in this country as they give them jobs etc

 

[Luseac]

Oooh only leaves them 70 grand a year to live on, how will they manage?

You seem to also be forgetting the £4,758 national insurance bill. £100,000 goes down to £65,311.15. Personally speaking I think that is an incredible tax bill. But I suppose there will always be the jealous sorts that still say "£65k is still loads!!!!111"

 

[Luseac]

Are strategic nuclear weapons really a meaningful deterrent if one's navy is spread too thinly to offer meaningful coverage?

Oh don't get me wrong, I would much rather see a greater strength Navy. 6 T-45s? Lulwut? The nuclear deterrent is still the ultimate insurance policy though.

 

[Glaucus]

Oooh only leaves them 70 grand a year to live on, how will they manage?

What does that have to do with anything. Let's just limit pay to 50k, no one needs more than that.
Rich people generally help this country out far more, not only pay more tax, but creating jobs and providing skills. We lose a lot of these people and there business to foreign countries with lower tax.


It achieves little revenue or purpose. It is nothing more than jealousy. And no I do not earn a lot and probably never will.

 

[fornowagain]

Who's jealous I've paid huge amounts of tax in my time. I recognise I'm part of a society and my good fortune is often built on the backs of others less fortunate.

 

[Luseac]

Lol, yeah of course they did.

Yay for hating the rich

 

[Luseac]

It achieves little revenue or purpose. It is nothing more than jealousy. And no I do not earn a lot and probably never will.

Where's Dolph when you need him? He would point to a study/theory which suggests no matter how much you increase taxation the % of GDP received by the government stays the same.

 

[fornowagain]

What does that have to do with anything. Let's just limit pay to 50k, no one needs more than that.
Rich people generally help this country out far more, not only pay more tax, but creating jobs and providing skills. We lose a lot of these people and there business to foreign countries with lower tax.


It achieves little revenue or purpose. It is nothing more than jealousy. And no I do not earn a lot and probably never will.

My point exactly I have earned over 100K and nobody needs that much.

Yay for hating the rich

Not at all, gotta love the plum accents.

 

[scorza]

Where's Dolph when you need him? He would point to a study/theory which suggests no matter how much you increase taxation the % of GDP received by the government stays the same.

Why not try forming your own opinion instead letting Dolph influence you with questionable studies and theories?

Do you really think an income tax rate that takes a larger percentage of disposable income from poor people is fairer than one that takes a larger percentage of total income from higher income people?