http://news.bbc.co.uk/1/hi/uk_politics/6293958.stm
surely even the wealthiest 10% must concede that it's a much fairer means of taxation?
2007-07-12 06:55:03 · 7 answers · asked by Anonymous in Politics & Government ➔ Other - Politics & Government
leb-dem? lol
lib-dem
2007-07-12 06:56:05 · update #1
I have no problem with more tax cuts for low-income earners. Actually because I have a grasp of economics, I'm in favor of a tax cut for anyone because that leaves more capital in the economy where it gets reinvested, thereby creating wealth and jobs.
What I don't understand is why some people want a "commensurate increase" in taxes for other people - there's no reason to do that.
2007-07-12 06:58:41 · answer #1 · answered by truthisback 3 · 1⤊ 0⤋
Fantastic.
Council Tax is a rip off. How the hell low income earners are supposed to afford it God only knows. Council Tax Benefit is usually only for those receiving JobSeekers and other benefits, those who work but don't earn much (like us) get diddly squat.
Shame the LibDems won't ever get elected.
"QUOTE:
I am not one of the weathy, nor one of the poor either, but why should the tax system be different just because someone has made a lot of money? In all probability they have worked their way up to a position of high pay, and now they're penalised?"
Get Real! Plenty of wealthy people are there because daddy owns the company or because of luck/who you know what you know. I know people who slave their guts out day in and day out and will never rise to great heights because they don't have the right connections - if you really beleive the rich get their on their own merit you are embarassingly naive.
2007-07-12 08:49:17 · answer #2 · answered by Anonymous · 0⤊ 0⤋
Well it all sounds clever enough. The problem with taxing the rich is that they have more scope for dodging the tax. The Lib Dems' sums assume that everyone is going to pay up and not clear off to the Cayman Islands.
Somehow we've got to find the money to pay for our Health Service. People are dying because as a country we don't pay enough tax. Political parties coming up with cheapskate gimmicks like this don't help the situation.
2007-07-12 07:02:21 · answer #3 · answered by Anonymous · 2⤊ 0⤋
I am not one of the weathy, nor one of the poor either, but why should the tax system be different just because someone has made a lot of money? In all probability they have worked their way up to a position of high pay, and now they're penalised? What sort of message does that send to budding entrepreneurs? Tackling poverty is a government responsibility, not a public one. Get people off benefits and into work - that's the way to wealth (relative) and a better society.
2007-07-12 07:02:38 · answer #4 · answered by Duffer 6 · 0⤊ 2⤋
It may be fairer - but the lower earners would have to then pay their disposable income got from less tax, on local taxes, plane taxes if they want a hol, car taxes. So would they be able to improve their life style - more hols, better car etc are what people with more income tend to go for. So us middle earners may not be any better off.
2007-07-12 07:01:10 · answer #5 · answered by jeanimus 7 · 1⤊ 0⤋
Mathematically, the rich already pay more taxes than the poor.
Even if the tax rates were the same (which they aren't), those that make more money would have to pay more than the poor by virtue of the way percentages work. Worser still, the rich are taxed at a higher rate than the poor.
Wealth redistribution doesn't work.
2007-07-12 07:12:45 · answer #6 · answered by macDBH 2 · 0⤊ 1⤋
I have absolutely no problem whatsoever. They won't get in.
2007-07-12 07:40:07 · answer #7 · answered by Scouse 7 · 0⤊ 0⤋