Everyone is better off
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From: In a house
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From: weymouth
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In the second - your taxes aren't paying for the education of children, they are paying for YOUR education. Think of it as a long term student loan, if that helps.
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From: My turbo blows, air lots of it!!
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From: My turbo blows, air lots of it!!
Wht a bunch of selfish moaning w4nkers you lot are. We are supposed to be a civilised society where those less fortunate get helped by those more fortunate. That at the end of the day is the crux of nearly all Western economies... and most of those are capitalist not socialist!
If you qualify to pay 50% tax you are not exactly on the breadline so stop f**king moaning. If you extrapolate all this sort of thinking then I would rather pay less tax as I have no kids to educate etc. and I object to paying for yours!!! So on and so forth!
If you qualify to pay 50% tax you are not exactly on the breadline so stop f**king moaning. If you extrapolate all this sort of thinking then I would rather pay less tax as I have no kids to educate etc. and I object to paying for yours!!! So on and so forth!
GIRFUY's!
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Politicians must **** themselves stupid watching people argue over the detail at the edge - as they plunder the "hard working families" left right and center. Anything more complicated than a headline grabbing percentage and its just too hard so gets ignored.
e.g. Brown's raid on Pension dividend income or Cameron's Child benefit withdrawal.
Everyone focussing on 45% to 50% for>£150 which is fine "Because they're rich" and totally ignoring the impact of child benefit withdrawl between £50K and £60K.
2 Children....thats 58% effective income tax please on every pound between £50K and £60K.
4 Children....thats 73% please.
Withdrawl of personal allowance between £100K and £120K...thats an effective 60% tax band. If only, just once, there was a concerted effort to remove all the tinkering to make the whole system so much clearer.
The graphs are the total % of income paid in income tax and the effective marginal tax rate as you move up the income scale. I keep meaning to add in the NI aswell but havent been arsed yet.
50% debate...."great politics, lousy economics" is by far the best summary ever.
e.g. Brown's raid on Pension dividend income or Cameron's Child benefit withdrawal.
Everyone focussing on 45% to 50% for>£150 which is fine "Because they're rich" and totally ignoring the impact of child benefit withdrawl between £50K and £60K.
2 Children....thats 58% effective income tax please on every pound between £50K and £60K.
4 Children....thats 73% please.
Withdrawl of personal allowance between £100K and £120K...thats an effective 60% tax band. If only, just once, there was a concerted effort to remove all the tinkering to make the whole system so much clearer.
The graphs are the total % of income paid in income tax and the effective marginal tax rate as you move up the income scale. I keep meaning to add in the NI aswell but havent been arsed yet.
50% debate...."great politics, lousy economics" is by far the best summary ever.
Re 50% tax rate
Surely those who are better off pay more money into the economy anyway so why tax them more?
The more affluent you are more likely you are go to restaurants, buy new cars, go on expensive holidays. All of those things put money into a business somewhere, who employ someone to cook the meal, sell/service the car, arrange the holiday....
Money is like water, it always trickles down....
Surely those who are better off pay more money into the economy anyway so why tax them more?
The more affluent you are more likely you are go to restaurants, buy new cars, go on expensive holidays. All of those things put money into a business somewhere, who employ someone to cook the meal, sell/service the car, arrange the holiday....
Money is like water, it always trickles down....
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From: K
Yes,
We usually go in April, but a couple of things are conspiring against us this year
1. Easter is late
2. My eldest has her AS level exams just after Easter and told us she would not come if we went at Easter
Oh and wealth does not really trickle down - that is a myth perpertrated by the err wealthy
We usually go in April, but a couple of things are conspiring against us this year
1. Easter is late
2. My eldest has her AS level exams just after Easter and told us she would not come if we went at Easter
Oh and wealth does not really trickle down - that is a myth perpertrated by the err wealthy