Should Gary Barlow return his OBE?

It is legal but is it moral. Something you would think a person with an OBE would be. I suppose it depends on how much tax you think people should pay. I think it's a little iffy. I don't avoid tax personally. Happy to pay it when people worse off than myself do. This guy is better off than me.
 
elmarko said:
You seem to think that a low income tax rate will creates jobs (as opposed to demand).

A business if viable if it can make a profit, as tax is only on profit reducing the corporation tax amount to 10% will not make an unprofitable business profitable, neither will it cause businesses to hire people they don't need.

All you will achieve is the creating of a huge void in public finances.
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Except that ism how countries like Switzerland get rich, very low to non existing corporation tax and suddenly every company wants to set up their HQ there. You get the companies then you get the employees and you receive the tax indirectly.
 
D.P. said:
Except that ism how countries like Switzerland get rich, very low to non existing corporation tax and suddenly every company wants to set up their HQ there. You get the companies then you get the employees and you receive the tax indirectly.
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As well as secrecy laws that help Switzerland become a haven for all kinds of criminal and immoral behaviour.
 
starfighter said:
It is legal but is it moral. Something you would think a person with an OBE would be. I suppose it depends on how much tax you think people should pay. I think it's a little iffy. I don't avoid tax personally. Happy to pay it when people worse off than myself do. This guy is better off than me.
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Thinking having an OBE makes you super moral and flawless exists only in the common man's fantasy-land.

scorza said:
As well as secrecy laws that help Switzerland become a haven for all kinds of criminal and immoral behaviour.
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That is all falling apart anyway, soon the banking secrecy will be a thing of the past.
 
starfighter said:
It is legal but is it moral. Something you would think a person with an OBE would be. I suppose it depends on how much tax you think people should pay. I think it's a little iffy. I don't avoid tax personally. Happy to pay it when people worse off than myself do. This guy is better off than me.
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I think we should have a tax system where we all just pay what we like and just beat senseless all those who we feel are being a bit stingy, nothing set in stone, we just let a lynch mob decide how much people should pay.

That would work.
 
kitch9 said:
I think we should have a tax system where we all just pay what we like and just beat senseless all those who we feel are being a bit stingy, nothing set in stone, we just let a lynch mob decide how much people should pay.

That would work.
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Obviously people should follow the law but on top of that you can use your own judgement.
 
scrivz69 said:
Double standards as usual for everyone. Makes me sick.
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Fixed for you...

Always fun to blame those more successful (monetarily) than you, however not necessarily correct... Hands up in this thread if you haven't committed tax evasion, let alone avoidance? Heck, there are threads on this very forum discussing how to evade tax! Difference is the scale. The rich will avoid far more than the average person avoids/evades, yet will still pay far more in tax...
 
ubersonic said:
Is dole a taxable earning? I would have thought that would be counter productive as it's basically other peoples taxes lol.
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Yep.

It's counted as income and added to any wages/salary you have made that year. If it goes over the allowance you have to pay income tax on it.
 
starfighter said:
It is legal but is it moral. Something you would think a person with an OBE would be. I suppose it depends on how much tax you think people should pay. I think it's a little iffy. I don't avoid tax personally. Happy to pay it when people worse off than myself do. This guy is better off than me.
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Hey, morals are a very personal thing. One person's morally right is another person's morally wrong, it's one of the reasons cultures are so different around the world!
 
scorza said:
As well as secrecy laws that help Switzerland become a haven for all kinds of criminal and immoral behaviour.
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There really isn't the secrecy that you think there is. The banks are no different to German banks for example. There is a provision for personal privacy as most countries have.
 
starfighter said:
It is legal but is it moral. Something you would think a person with an OBE would be. I suppose it depends on how much tax you think people should pay. I think it's a little iffy. I don't avoid tax personally. Happy to pay it when people worse off than myself do. This guy is better off than me.
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Is it moral to work hard and pay 40%+ of your income in tax, when there are people out there claiming all sorts of benefits who have never worked in their lives but live in mansions, all paid for by your taxes?

As long as the benefit system stays the same or gets worse I will go to all ends of the earth to avoid tax.
 
Is it morally right that the government takes your money without your choice and spends it based on the way it wants it spent, not yourself? Is it morally right to take peoples income and spend it on wars in Iraq and Afghanistan?
 
As for swiss banks, they got rich with the influx of Jew's leaving Germany and other countries and depositing their families money in Swiss banks ready for when the war was over...and the Swiss kept it and told their heirs that there was no money. This is where the term "numbered accounts" came from, if you could remember the number you could claim your families fortune, unfortunatly a lot of Jewish money was stolen this was during WW2 by these Swiss banks......knowing this what makes you think you can trust them now?
 
D.P. said:
There really isn't the secrecy that you think there is. The banks are no different to German banks for example. There is a provision for personal privacy as most countries have.
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They were different, but they arent any more. Basically the latest US tax investigations have cracked them wide open, and the UK etc are about to do the same in search of tax evaders. The future of Swiss banking lies with having no foreign accounts that it doesn't know where the money comes from and what is being done with it, otherwise they will be barred from the main trading exchanges and will collapse. In fact already, a number of smaller private banks have shut up shop as a result of this.

twoblacklines said:
Is it moral to work hard and pay 40%+ of your income in tax, when there are people out there claiming all sorts of benefits who have never worked in their lives but live in mansions, all paid for by your taxes?

As long as the benefit system stays the same or gets worse I will go to all ends of the earth to avoid tax.
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Also agree with this... the harder you work the more the government takes. I would also do my best to pay as little tax as possible if I had enough money for it to make a difference.
 
I gather most people in this thread are on PAYE. Every single self employed person I know tries their hardest to pay as little tax as legally possible, I also feel 99.9% of the people in this thread would do exactly the same. Every trades man I know for example has a secretary and is paid via dividends by the company etc...
 
MeEsH BaKkA said:
I gather most people in this thread are on PAYE. Every single self employed person I know tries their hardest to pay as little tax as legally possible, I also feel 99.9% of the people in this thread would do exactly the same. Every trades man I know for example has a secretary and is paid via dividends by the company etc...
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Yeah and like I said...I can understand that to some degree if that person needs to pay wages etc... As they can't get any credit from the banks.

In the case of Barlow...How many millions does one need? Its not like not finding the loopholes and exploiting them will have that much affect on his multi millions of pounds in the bank. Its greed.

http://www.therichest.com/celebnetworth/celeb/singer/gary-barlow-net-worth/
 
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