Not exactly, I mean that the poorest CAN'T afford many simple things like for example decent vehicles that do not pollute, decent electronics with energy efficient functions, even a simple thing like an exotic vacation on a distant island somewhere in the oceans.
Universal basic income
- Thread starter terley
- Start date
Not exactly, I mean that the poorest CAN'T afford many simple things like for example decent vehicles that do not pollute, decent electronics with energy efficient functions, even a simple thing like an exotic vacation on a distant island somewhere in the oceans.
That is only true if everyone also gets aid the same and has the same expenses.
Yes, they would. Currently our system doesn't do this.
Soldato
I pay 41% of my earnings in tax, and I have no basic rate relief. You think that's fair when others pay 20% and 0% up to 11k? Add national insurance in there, and I'm paying closer to 50%. What next, do I just hand it all over? And FYI, my last self assessment resulted in a bill for £1000 thanks to the Scottish Government not passing on the band change from last year's budget.
No one's misinterpreted your previous posts, believe me. It's easy to make demands of a tax system when the outcome won't hit you in the pocket.
Soldato
Please stop, you're going to make me cry.
Same aid is already built in to a negative income tax model.
What do you define as expenses?
Permabanned
IMO that's "do two wrongs make a right?". Cheating a bit to avoid the system that persecutes you, seems rational to me.
Soldato
Soldato
Again, right back at you.
And back and forth we go. I like you, you're cool. Lets buy a house, maybe plant a tree and live together in perfect harmony.
I just don't see these as major issues, healthcare, education, food etc are what I'm bothered about.
Soldato
Ooh, can we do some charity work together in your local community and save the world?
Soldato
I'd say people get more upset about those individuals who feel they deserve things for nothing. British culture is generally to help those who are genuine cases of disability, but those who con the system or simply can't be bothered to work give the rest a bad name. For example, my dad and his brother have the same back problem. My dad works more than 50 hours a week. His brother no longer works due to "constant and extreme pain". Free car, free housing, etc. Fair?
Not sure you understand how the tax system works? You know you can submit tax returns if you want to? The method of tax collection doesn't affect the allowances you have.
[QUOTE="4K8KW10, post: 31556535, member: 196282"”]
Yes, the flat rate does this. The question is, do rich people pay equal tax for each, for example, 10,000 pounds they have.
If my monthly income is 10,000 pounds and I pay in taxes 1,000, do the rich whose income is 1,000,000 pounds, pay 100,000 in taxes?[/QUOTE]
That’s the way it should happen and would be the fairest way, but I can guarantee you the person earning £1m would find a loophole to pay less than half of that tax. This is why self assessment should be binned and everyone should pay a basic rate of tax, no deductions no loopholes.
Yes, the flat rate does this. The question is, do rich people pay equal tax for each, for example, 10,000 pounds they have.
If my monthly income is 10,000 pounds and I pay in taxes 1,000, do the rich whose income is 1,000,000 pounds, pay 100,000 in taxes?[/QUOTE]
That’s the way it should happen and would be the fairest way, but I can guarantee you the person earning £1m would find a loophole to pay less than half of that tax. This is why self assessment should be binned and everyone should pay a basic rate of tax, no deductions no loopholes.
And how much of that so-called 41% you paid in tax did you claim back in a tax rebate?
Soldato
None, but if you know a way for me to do that I'm all ears.
That's why there are reports all the time about stars who get in the court for hiding incomes, thus stealing from all of us.
Because we have tried what you suggest its called socialism with the end goal being communism. The results have been the same time and time again. The massive poweful state required for the implementation your utopian fantasies is inevitably taken over by some of the worst sociopaths and crooks and the end result is worse outcomes for almost all of the populace.
As others have pointed out a lot of billionaires are billionaires because they have been involved in new innovations that have improved the quality of life for millions. Remove the incentive for people to innovate or work harder the there peers and watch what the knock on effect to society is.
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Soldato
Maybe if the rich paid decent wages to low skilled workers instead of relying on the state to top their wages up and pay their rent etc. For the rich to then whine about it in the Daily Mail calling them scroungers etc.