David Blunkett wants a death tax.

LordSplodge said:
Some people pay more than they use, others less. My substantial NI contributions wouldn't even come close to covering my NHS bill over the decades for example.
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Oh good, yes i'd love to hand over even more of my families hard earned money to offset your drain on the NHS.

Perhaps you could voluntarily contribute more yourself somehow or pay towards private health care rather than expecting me to foot the bill more that I already do?
 
Rich people when close to their death bed will just sell their houses anyways...

If they need a house you can just buy one up North. Pay a 4 figure death tax bill on it and have done with it.

Then you will get all the Northeners crying that southeners are buying all their houses..
 
D.P. said:
The problem at the moment is the death tax is levied on the entire estate, not the person inheriting, I would like there to be an actual inheritance tax and not the current death tax. If someone has 4 children then each child would only get 80k before the death tax which is very different to the headline.

The second issue is the threshold hasn't caught up with inflation or rising house prices.


IMO, don't tax the dead but tax the inheritors and set the threshold at 500k each. An alternative would be a multi level taxation so again tax is on the inheritor not the dead person, from 200k there is a 5% tax from 500k a 10% and from 1m a 15% etc.

I never understood why people dieting is a reason to tax them. People gaining capital in the other hand is.
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Or base it on existing capital gains tax regulation? Not sure what that is but at least it would make more sense... (Even if it ends up being more).
 
The bedrock of welfare state is the notion of a social concious, but years of unfettered immigration and mismanagement has utterly undermined that conciousness. It comes as no surprise to me that people are unwilling to contribute more to society when all they see are third-world immigrants and bone-idle lazy people benefiting.
 
Macro said:
Oh good, yes i'd love to hand over even more of my families hard earned money to offset your drain on the NHS.

Perhaps you could voluntarily contribute more yourself somehow or pay towards private health care rather than expecting me to foot the bill more that I already do?
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Greed, always greed.

Everybody needs health care. Nobody needs a mansion or a yacht.

Even if you don't have that level of wealth, expecting those less financially well of than you to pay for their own health care, so you don't have to contribute as much - that's pretty horrid. I mean, that's pure, distilled Tory voter right there.

As for the poor not being as economically active - of course they aren't! They're paid less than they need to live, so they have no money to spend! If they'd had the kind of % increases in wage that CEOs have had since 1990, they'd be earning £15 an hour today instead of £6.51.
 
D.P. said:
The problem at the moment is the death tax is levied on the entire estate, not the person inheriting, I would like there to be an actual inheritance tax and not the current death tax. If someone has 4 children then each child would only get 80k before the death tax which is very different to the headline.
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Indeed.. Doesn't make for such an exciting "tax the posh idle rich down south and give it to poor northern working families" headline though.
 
FoxEye said:
If they'd had the kind of % increases in wage that CEOs have had since 1990, they'd be earning £15 an hour today instead of £6.51.
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If they want that CEO wages then they need to be making CEO commitments thoughout their life and not settle for a McJob

I have no issue with high CEO wages as they are representative of the profits made by the organisation which is representative of its leadership
 
ArchAnGeL said:
If they want that CEO wages then they need to be making CEO commitments thoughout their life and not settle for a McJob
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Nope. Everyone should be paid a salary that enables them to buy a house, own a car, go on holidays and smoke/drink, regardless of efforts throughout education and in their working life.

:rolleyes:
 
FoxEye said:
Greed, always greed.

Everybody needs health care. Nobody needs a mansion or a yacht.

Even if you don't have that level of wealth, expecting those less financially well of than you to pay for their own health care, so you don't have to contribute as much - that's pretty horrid. I mean, that's pure, distilled Tory voter right there.

As for the poor not being as economically active - of course they aren't! They're paid less than they need to live, so they have no money to spend! If they'd had the kind of % increases in wage that CEOs have had since 1990, they'd be earning £15 an hour today instead of £6.51.
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If he's earning more he's already paying more in tax towards things such as the NHS. Why do the people who've put more into the system over their lives be further taxed upon their deaths to pay for those who haven't put as much in(or anything).

If that's greed well I guess I'm greedy :(.

If minimum wage was £15 everything would be more expensive so people probably wouldn't be any better off than they are now.
 
I find it absolutely insane that our right to leave something for our family can even be questioned or disputed. So a family member inherits a 500k house.... why should that be an issue? Who cares if they haven't had to work for it, the point is their father or grandfather worked for it their entire lives to provide their offspring with a better life.

It is absolute nonsense that MP's are villifying this, and such schemes seem like a deflection form their own awful policies and years of failure, towards jealousy and victimisation of people who inherit something perfectly legitimately.
 
I hope none of the socialists on here have children, who receive birthday presents and the like, without declaring them as income for tax purposes.
 
Mynight said:
If he's earning more he's already paying more in tax towards things such as the NHS.
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People seem to forget this. Higher earners pay more. It's simples. It's never enough though apparently.

High earners probably have private healthcare, private dental care and private education as well....

Higher earner pay more income tax, then probably more stamp duty, more inheritance tax, council tax. More on VAT and fuel duty (as they have more disposable). List goes on.
 
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FoxEye said:
Greed, always greed.

Everybody needs health care. Nobody needs a mansion or a yacht.

Even if you don't have that level of wealth, expecting those less financially well of than you to pay for their own health care, so you don't have to contribute as much - that's pretty horrid. I mean, that's pure, distilled Tory voter right there.

As for the poor not being as economically active - of course they aren't! They're paid less than they need to live, so they have no money to spend! If they'd had the kind of % increases in wage that CEOs have had since 1990, they'd be earning £15 an hour today instead of £6.51.
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You seem to be missing the point that anyone working already contributes more (or less) in Tax dependant on their earnings anyway. I already contribute substantially to healthcare with the NHS. Indeed if I paid for and used private medical insurance not only would I contribute more to free healthcare for everyone at the point of delivery, I'd use it even less so a double nett contribution to the NHS . That's hardly the "rich trying to hold onto money for a yacht at the expense of the poor hard working oppressed who can't afford any healthcare" picture you're trying to paint.

Let's not pretend we're just impacting CEO on £3m a year here, it's normal working people.

Funny how it's greed for me to want to ensure I look after my family but ok if the money goes to random person no23 who has contributed nothing to earning it.
 
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balky12 said:
People seem to forget this. Hihgher earners pay more. It's simples. It's never enough though apparently.

High earners probably have private healthcare, private dental care and private education as well....
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Indeed the higher end of earners on the whole pay more into the system and use the system less.

Tax them too far and then tax evasion comes in and in worst case they take their money elsewhere.
 
LordSplodge said:
As for your second point, I take it you are assuming that the 'Death Tax' would just go straight to "scroungers" and into the overall tax pot that helps more people that need it than the tiny percentage of benefit cheats.
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Not at all but that Is the general mindset of a lot of people now based on the below quote.

Thompson_NCL said:
The bedrock of welfare state is the notion of a social concious, but years of unfettered immigration and mismanagement has utterly undermined that conciousness. It comes as no surprise to me that people are unwilling to contribute more to society when all they see are third-world immigrants and bone-idle lazy people benefiting.
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