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should the goverment stop all taxation on the basis that if you need any ameneties then you can pay for them

2007-07-17 19:00:38 · 5 answers · asked by silverfoxcb7 3 in Business & Finance Taxes United Kingdom

5 answers

Meaningless question.

Those who have obtained power over others have never willingly given up that power (spending other peoples money is a form of power).

Ask instead -
"what fairer alternitives to Taxation exist that could be used to fund Government spending ?"

Answer = print money.

Printing money dilutes the value of the money equally (for all holders of that money) by the mechanism of Inflation.

Thus EVERONE holding UKP would be funding UK Government spending.

There would be no escape for anyone .. so this, I would contend, is the only fair system.

2007-07-17 19:24:58 · answer #1 · answered by Steve B 7 · 0 0

The taxation system in the Uk consists in a combination of direct and indirect taxes, each structured in a manner which has regard to vertical and horizontal equity or lack thereof.

Some people adopt different standpoints along the continuum; from advocating a system entirely composed of direct taxation to one entirely consisting of indirect taxation, and within each from flat rate tax to stepped tax structures and so on, which engenders different equity characteristics.

Different taxation structures have significant macroeconomic impacts as well as the impact upon individuals. For example, the UK has a high marginal propensity to import, that is the more you earn, the more you spend on imports which damages the Balance of Payments. In this case a direct tax on income which increases in incidence the more you earn, becomes helpful in this respect, if unpopular

Paying for an amenity or service at the point of consumption implies 100% indirect taxation (eg council tax ... which is simply an indirect tax apportioned on an estimated basis per group, not per individual per unit of consumption).

I fail to see why a different type of tax incidence, indirect tax replacing direct tax, is to conclude that the government stops all taxation.

2007-07-18 08:38:05 · answer #2 · answered by rward_uk2001 2 · 0 0

Depends. Taking just the NHS into consideration, could you afford a transplant? And if you could would it be socially acceptably for you to be able to obtain medical care and others not.

Taxation is for the benefit of society, but at the same time I hate seeing £1k / mth swiped off me, but it does serve its purpose. The only thing wrong with it is layabouts knowing that the welfare state will bail them out so they don't need to work, this (I hope) is a small proportion of society.

To be the biggest annoyance on taxation is the MP's themselves. I wish I could decide and vote for my own payrises, pension schemes and retire at 55 - all paid for by the Taxpayer.

2007-07-18 02:09:59 · answer #3 · answered by straightxdresser 3 · 0 0

Sounds good, however how will this government be able to finance its pay with out a means of dictating how much you will pay out of your wages. Not only that but is you do not pay then they will take you to court because it does not matter to the government whether you want or need a service it will still charge you.

2007-07-18 02:08:53 · answer #4 · answered by Anonymous · 0 0

taxation is one of the best way government can get from the citizen,in other to build good road,school,hospital,e.t.c.so their is way government can stop taxation

2007-07-18 05:14:12 · answer #5 · answered by Patience O 1 · 0 0

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