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Bloody hell, I'm starting to see Caca in a new light.Prestige Worldwide wrote: ↑Thu Nov 21, 2019 4:01 pm Nothing personal, your comments are all about money. Do you know how money really works? Dare to dream!
No, just those that won’t even notice it.Redcard wrote: ↑Thu Nov 21, 2019 5:19 pm Red o, so you would be in favor of every worker paying 5 pence in the pound extra, on the basis that it would hardly effect those on low wages. As a retiree who no longer pays an obscene amount in tax , were I selfish I would advocate not only the rich but everyone paying much more in tax as it wouldn’t affect me, but high taxation just doesn’t work , it removes incentives and encourages the wealthy to relocate with accompanying job losses. The top 5% pay half of our taxes , think about it.
Any rich scumbag who wants to feck off rather than pay taxes is welcome to do just that. Whereas, your scare tactic that this would necessarily mean huge job losses is a fallacy. Moving themselves is one thing, moving their businesses is a very different thing. Let the parasites go and good riddance.Redcard wrote: ↑Thu Nov 21, 2019 4:25 pm Redo, he would be one of droves. Bleeding the wealthy who as I stated already pay a disproportionate chunk of our taxes is a failed policy. They simply relocate , take their wealth with them and the result is massive job loss. Not only do the mega rich pay a fortune in taxes but when they flaunt their wealth the treasury benefits by a further 20%.
For the benefit of prestige I will add that unfortunately I am not in that bracket.
Redo £80k is not alot of money, to take 45p off every pound earnt will hurt alot of normal people. I have no issue with the top rate of 45p at 150k that's a decent amount of salary, 80k is not and that's gonna hurt alot of people. At that level you don't lead an extravagant life, at 150k you do.RedO wrote: ↑Thu Nov 21, 2019 5:35 pmNo, just those that won’t even notice it.Redcard wrote: ↑Thu Nov 21, 2019 5:19 pm Red o, so you would be in favor of every worker paying 5 pence in the pound extra, on the basis that it would hardly effect those on low wages. As a retiree who no longer pays an obscene amount in tax , were I selfish I would advocate not only the rich but everyone paying much more in tax as it wouldn’t affect me, but high taxation just doesn’t work , it removes incentives and encourages the wealthy to relocate with accompanying job losses. The top 5% pay half of our taxes , think about it.
The top 5% should be paying more than half, shouldn’t they.
It really is that stark.Prestige Worldwide wrote: ↑Thu Nov 21, 2019 2:28 pm Even if half of it isnt deliverable, still better than another 5 years of Tories. Clearly goodies vs baddies for me.
Red O - what happens is those that pay very significant amounts of tax, can easily move from one jurisdiction to another (which is easier than ever). The top 1% are the people that really pay- currently around 27%, of our income tax. These are the people that can and will move - so the likelihood is that you could lose around 20% of your tax receipts, if you use such measures.RedO wrote: ↑Thu Nov 21, 2019 5:35 pmNo, just those that won’t even notice it.Redcard wrote: ↑Thu Nov 21, 2019 5:19 pm Red o, so you would be in favor of every worker paying 5 pence in the pound extra, on the basis that it would hardly effect those on low wages. As a retiree who no longer pays an obscene amount in tax , were I selfish I would advocate not only the rich but everyone paying much more in tax as it wouldn’t affect me, but high taxation just doesn’t work , it removes incentives and encourages the wealthy to relocate with accompanying job losses. The top 5% pay half of our taxes , think about it.
The top 5% should be paying more than half, shouldn’t they.
Who then is going to pay for reduction of tax?BoniO wrote: ↑Thu Nov 21, 2019 5:51 pmAny rich scumbag who wants to feck off rather than pay taxes is welcome to do just that. Whereas, your scare tactic that this would necessarily mean huge job losses is a fallacy. Moving themselves is one thing, moving their businesses is a very different thing. Let the parasites go and good riddance.Redcard wrote: ↑Thu Nov 21, 2019 4:25 pm Redo, he would be one of droves. Bleeding the wealthy who as I stated already pay a disproportionate chunk of our taxes is a failed policy. They simply relocate , take their wealth with them and the result is massive job loss. Not only do the mega rich pay a fortune in taxes but when they flaunt their wealth the treasury benefits by a further 20%.
For the benefit of prestige I will add that unfortunately I am not in that bracket.
Eighty thousand pounds is a huge amount of money.Thor wrote: ↑Thu Nov 21, 2019 6:08 pmRedo £80k is not alot of money, to take 45p off every pound earnt will hurt alot of normal people. I have no issue with the top rate of 45p at 150k that's a decent amount of salary, 80k is not and that's gonna hurt alot of people. At that level you don't lead an extravagant life, at 150k you do.RedO wrote: ↑Thu Nov 21, 2019 5:35 pmNo, just those that won’t even notice it.Redcard wrote: ↑Thu Nov 21, 2019 5:19 pm Red o, so you would be in favor of every worker paying 5 pence in the pound extra, on the basis that it would hardly effect those on low wages. As a retiree who no longer pays an obscene amount in tax , were I selfish I would advocate not only the rich but everyone paying much more in tax as it wouldn’t affect me, but high taxation just doesn’t work , it removes incentives and encourages the wealthy to relocate with accompanying job losses. The top 5% pay half of our taxes , think about it.
The top 5% should be paying more than half, shouldn’t they.
I think it's going to be counter productive.
If the top 1% of earners are paying 27% of the total income tax contributions, that’s really unfair.Still's Carenae wrote: ↑Thu Nov 21, 2019 6:22 pmRed O - what happens is those that pay very significant amounts of tax, can easily move from one jurisdiction to another (which is easier than ever). The top 1% are the people that really pay- currently around 27%, of our income tax. These are the people that can and will move - so the likelihood is that you could lose around 20% of your tax receipts, if you use such measures.RedO wrote: ↑Thu Nov 21, 2019 5:35 pmNo, just those that won’t even notice it.Redcard wrote: ↑Thu Nov 21, 2019 5:19 pm Red o, so you would be in favor of every worker paying 5 pence in the pound extra, on the basis that it would hardly effect those on low wages. As a retiree who no longer pays an obscene amount in tax , were I selfish I would advocate not only the rich but everyone paying much more in tax as it wouldn’t affect me, but high taxation just doesn’t work , it removes incentives and encourages the wealthy to relocate with accompanying job losses. The top 5% pay half of our taxes , think about it.
The top 5% should be paying more than half, shouldn’t they.
This is why high taxes do not work.
If you go back to the 60's - if you had money and was able to move away, you did. 2 examples are the Beatles and Rolling Stones.
So your critique is the Tories are too nice? Feckin 'ell. I'm always fascinated by the idea that someone could be against social liberalism. The idea that the state can't discriminate against people because of their race, religion, sexuality.etc The idea that you could think fairness and respect are to the detriment of society says quite a lot about the sort of person that you are. It rhymes with Brunt.Beradogs wrote: ↑Thu Nov 21, 2019 2:12 pmOnly a choice if you are left wing. The right have a choice between the Tories who are now fiscally liberal as well as socially liberal so not conservative at all or Farage who is not even standing in my constituency. May have to vote green and try and save the planet.Prestige Worldwide wrote: ↑Thu Nov 21, 2019 2:06 pm A real choice for the first time in my lifetime.
Because they don't earn that money in isolation - they earn it "in society".
Deluded. The billionaires will of course F off. So will the multi millionaires. You want to know who will end up paying for all this. All the muggins on this board.BoniO wrote: ↑Thu Nov 21, 2019 5:51 pmAny rich scumbag who wants to feck off rather than pay taxes is welcome to do just that. Whereas, your scare tactic that this would necessarily mean huge job losses is a fallacy. Moving themselves is one thing, moving their businesses is a very different thing. Let the parasites go and good riddance.Redcard wrote: ↑Thu Nov 21, 2019 4:25 pm Redo, he would be one of droves. Bleeding the wealthy who as I stated already pay a disproportionate chunk of our taxes is a failed policy. They simply relocate , take their wealth with them and the result is massive job loss. Not only do the mega rich pay a fortune in taxes but when they flaunt their wealth the treasury benefits by a further 20%.
For the benefit of prestige I will add that unfortunately I am not in that bracket.
Over the years there has been a plethora of rich twats who have said they'll leave the Country if Labour get in power. We seem to have survived whether they went or not. I don't give a crap whether they stay or go personally.Beradogs wrote: ↑Thu Nov 21, 2019 8:56 pmDeluded. The billionaires will of course F off. So will the multi millionaires. You want to know who will end up paying for all this. All the muggins on this board.BoniO wrote: ↑Thu Nov 21, 2019 5:51 pmAny rich scumbag who wants to feck off rather than pay taxes is welcome to do just that. Whereas, your scare tactic that this would necessarily mean huge job losses is a fallacy. Moving themselves is one thing, moving their businesses is a very different thing. Let the parasites go and good riddance.Redcard wrote: ↑Thu Nov 21, 2019 4:25 pm Redo, he would be one of droves. Bleeding the wealthy who as I stated already pay a disproportionate chunk of our taxes is a failed policy. They simply relocate , take their wealth with them and the result is massive job loss. Not only do the mega rich pay a fortune in taxes but when they flaunt their wealth the treasury benefits by a further 20%.
For the benefit of prestige I will add that unfortunately I am not in that bracket.
You might not care if there parasitic leeches leave but I do. As the revolution progresses it will be useful to have them within easy reach once the trials begin.BoniO wrote: ↑Thu Nov 21, 2019 9:14 pmOver the years there has been a plethora of rich twats who have said they'll leave the Country if Labour get in power. We seem to have survived whether they went or not. I don't give a crap whether they stay or go personally.Beradogs wrote: ↑Thu Nov 21, 2019 8:56 pmDeluded. The billionaires will of course F off. So will the multi millionaires. You want to know who will end up paying for all this. All the muggins on this board.BoniO wrote: ↑Thu Nov 21, 2019 5:51 pm
Any rich scumbag who wants to feck off rather than pay taxes is welcome to do just that. Whereas, your scare tactic that this would necessarily mean huge job losses is a fallacy. Moving themselves is one thing, moving their businesses is a very different thing. Let the parasites go and good riddance.
Those figures are meaningless because we won’t be paying for it in tax (well we will but not hugely). We will be paying for it in inflation and weakness in our currency. We will not be able to sell our government bonds unless yields spike substantially.StillSpike wrote: ↑Thu Nov 21, 2019 8:08 pm I've been having Excel fun with the Manifesto Income Tax bands. Here's what I've calculated (happy to show workings)
Someone on £20,000 p.a will pay £0.00 more per week in income tax than now
Someone on £30,000 p.a will pay £0.00 more per week in income tax than now
Someone on £40,000 p.a will pay £0.00 more per week in income tax than now
Someone on £60,000 p.a will pay £0.00 more per week in income tax than now
Someone on £80,000 p.a will pay £0.00 more per week in income tax than now
Someone on £85,000 p.a will pay £4.81 more per week in income tax than now
Someone on £100,000 p.a will pay £19.23 more per week in income tax than now
Someone on £125,000 p.a will pay £43.27 more per week in income tax than now
Someone on £150,000 p.a will pay £91.35 more per week in income tax than now
Someone on £250,000 p.a will pay £187.50 more per week in income tax than now
Someone on £300,000 p.a will pay £235.58 more per week in income tax than now
It's not exactly terrible is it? Those over £85 K might even consider it's worth it as they don't have to trip over so many homeless people on their way in to earn those salaries.
Even if you somehow earned £300k - it hardly seems worth moving your whole family to Latvia, just because you're asked to pay an extra 4% of your weekly wage.
(I'm sure Latvia is just lovely, before anyone takes offence)
So just nationalise the BofE and raise interest rates and watch them greenbacks flow in.Beradogs wrote: ↑Thu Nov 21, 2019 9:19 pmThose figures are meaningless because we won’t be paying for it in tax (well we will but not hugely). We will be paying for it in inflation and weakness in our currency. We will not be able to sell our government bonds unless yields spike substantially.StillSpike wrote: ↑Thu Nov 21, 2019 8:08 pm I've been having Excel fun with the Manifesto Income Tax bands. Here's what I've calculated (happy to show workings)
Someone on £20,000 p.a will pay £0.00 more per week in income tax than now
Someone on £30,000 p.a will pay £0.00 more per week in income tax than now
Someone on £40,000 p.a will pay £0.00 more per week in income tax than now
Someone on £60,000 p.a will pay £0.00 more per week in income tax than now
Someone on £80,000 p.a will pay £0.00 more per week in income tax than now
Someone on £85,000 p.a will pay £4.81 more per week in income tax than now
Someone on £100,000 p.a will pay £19.23 more per week in income tax than now
Someone on £125,000 p.a will pay £43.27 more per week in income tax than now
Someone on £150,000 p.a will pay £91.35 more per week in income tax than now
Someone on £250,000 p.a will pay £187.50 more per week in income tax than now
Someone on £300,000 p.a will pay £235.58 more per week in income tax than now
It's not exactly terrible is it? Those over £85 K might even consider it's worth it as they don't have to trip over so many homeless people on their way in to earn those salaries.
Even if you somehow earned £300k - it hardly seems worth moving your whole family to Latvia, just because you're asked to pay an extra 4% of your weekly wage.
(I'm sure Latvia is just lovely, before anyone takes offence)
