Morning fellow Seniors, I have been?

Question

thinking about our UK taxes (groan) and I now feel that the situation is like daylight robbery, If you or I were to act in this way we would be swooped on and thrown in jail. Your opinions please, ladies and gentleman.

Boy oh boy, you are all having a go arn't you. I have also worked and paid my dues all my life and I don't mind a fair tax, its all the creeping stealth tax I hate.But maybe I should have asked in a different way, hhmm.

Well said, E.S.Kimo

Answer 1

I'm with you Roxy, those who are being critical seem to overlook the fact that we have paid into pensions all of our life in order to get some back when we retired, it's our own money for Pete's sake! Most of us are probably paying tax on our pensions as well.
Also who do the youngsters think paid for all the things that they have enjoyed to date ?
Having paid tax for the past 45 years, I think that I am entitled to a little of it back!

Answer 2

Chezliz I am in exactly the same position as you. I consider it daylight robbery when I have paid in for two pensions all my working life, and paying income tax on my salary, and then when I come to draw my pension, I am taxed on that too! Not only that, but if you have even £1 more than the cut off point, you don't get any help with other things like council tax etc. I don't want a free ride(proved by my working and contributing since I left uni.) but something is wrong here.I think that the government should take a careful look at where the money is going and who it is being spent on and who is taking unfair advantage of our systems.

Answer 3

Hubby and I have paid taxes out the wazoo for 45 years now and 40 of them into one of the best pension programs in the world.

We also put money aside in a savings account and never once depended on Social Security (which we've paid into from each and every check) to be our "retirement". We have saved, we've done without, we've paid for insurances on cars, houses, health and dental for all those years too.

Surprisingly, Social Security still exists and we will begin to draw out what we've been putting in for the entire 45 years that my husband and I have worked and contributed, in about another 18 months. Frosting on an already well earned retirement plan.

We planned, we thought ahead, we didn't expect anybody to give us anything. We have made our way through by damn hard work and sacrifice. We don't "have to" work anymore and we laugh all the way to the bank because we did a good job of planning ahead for these years.

For the privilege of living in the U.S., and for the opportunity to have educated ourselves, worked our butts off, gotten a home and reaped the rewards of such freedom to do so, we are GRATEFUL and gladly pay our taxes. And our taxes are substantial.

Answer 4

I'm not a little fed up with the British Government no maatter which party.
They are not talking about reduced taxes because they are about to hand ythe whole blasted lot over to the EC
The are promising to reduce rede tape but to do it they employ more people to see how it can be done and they produce more red tape.
They promise fairer taxes but don't deliver
They promise out forces in Iraq and Afganistan the world and fail to look after them properly when wounded and leave them without proper equipment

Answer 5

Yes, something has to be done. We are literally taxed to death even in the USA. The latest crisis is our property taxes.Mine has jumped so high that I feel like I am making two house payments every month and that's definitely not in my budget. My friend says in Mexico, you only pay property tax on your property ONE time. I say vote EVERYBODY out of office that is in there now and start fresh. Let the lotteries help pay for some of the burden.

Answer 6

To answer your question I don't understand taxes enough to know whether or not some are unfair. To answer the critics on here particularly the person who has inferred that THEY are paying our pensions NO. The majority of my pensions come from private pension schemes I paid into out of my salary,two of them. I get a pension from the NHS that I paid into as superannuation as a nurse.The smallest part is my State Pension and that has been heavily contributed to by me because I paid full National Insurance for most of my working life I never paid the "Married Woman's Stamp " as it was called.And yes my pensions are taxed so I don't think I can be accused of scrounging !

Answer 7

Yes I totally agree with you. Also I don't think the Government has the right to pledge tax payers money to shore up a failing Bank ie Northern Rock, when they have lent money recklessly, while at the same time penny pinching when it comes to looking after our wounded soldiers and failing to pay the stricken farmers what is owed to them and is long overdue.The Government always speaks as though it is their money, it is not, it is taxpayers money.

Answer 8

Boy if we didn't have proposition 13 to protect us and the 2/3 vote of the people before they can increase taxes and fees we would be in deep ---- here in calif. we have to be vigilent, they always try to side step that law.

Answer 9

There is absolutely nothing written in your Constitution to say that private individuals have to pay tax on there salaried jobs. I know this for a fact, but would have to spend time finding it.

There is only a proviso, that Companies pay tax.

I will try and find it.

Answer 10

As my Dad used to say, it's not fair when your money is taxed twice - once when you earn it (income tax) and then again when you save it (interest on savings). Then when you make a purchase you're usually taxed again! Ouch. And Roxy (the answerer not the questioner) - please note that those of us who worked for umpteen years have funded our State pensions via National Insurance payments, and our company type pensions via deductions from our salaries - all hard graft!
Ouch again - why the thumbs down, guys? Not ageism, surely? Hang on - two Roxies? What's going on?