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zorrostrikes
17 May 17 04:56
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Date Joined: 29 Sep 10
| Topic/replies: 8,515 | Blogger: zorrostrikes's blog
Germany - Any higher amount is subject to income tax. Income tax is progressive, starting at 18.9 percent and rising incrementally to 42 percent, or for very high incomes, 45 percent. The top tax rate of 42 percent applies to taxable income above EUR 52,882 (married tax table: EUR 105,763).

If you put up tax we may get a better life style like Denmark, Sweden or Germany.....

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Replies: 122
By:
1st time poster
When: 17 May 17 06:14
are michael caine and ray winston still here been leaving all my adult live,40 years at least i sent taxis round 30 years ago for them
By:
rogerthebutler
When: 17 May 17 11:51
Google 'The Laffer Curve'
By:
Dr Crippen
When: 17 May 17 12:30
''The income tax rate would rise to 45p for earnings above £80,000 and then to 50p in each pound earned over £123,000.''

That's for a start.
Then how long before that £80,000 becomes £70,000, and the £123,000 becomes £113,000?

Oh and we forget to mention - the basic rate will have to go up sometime as well.

Sorry about that.
By:
GoOnThen
When: 17 May 17 12:49
Aslef taking industrial action at the end of the month won't help the Labour vote.
By:
Injera
When: 17 May 17 18:08
£80k. Just £6k above what MPs earn then. Funny that...
By:
zorrostrikes
When: 17 May 17 18:24
All the foreigners are coming here for STABILITY.
the Russian Billionaires, all the migrants are wading through European
nations to get to the UK and suddenly the UK citizens are going to jump ship?

It's an island - that hasn't been invaded in hundreds of years.
The rule of law - infrastructure, hub of knowledge, People send rich brats to study here from across the world.

Lets jump ship because the tax goes back to what it was when the Tories came in?
By:
1st time poster
When: 17 May 17 19:43
LOL.45p.50p,WTF,the likes of barlow,jimmy carr,premiership footballers etc were caught trying to get their tax down below 3p,its not the minimum wage,20p in the pound folk who are up in arms but the genuine people who are paying 45p getting laughed at by the likes of barlow and co
By:
Johnny The Guesser
When: 18 May 17 07:38
Don't forget that the effective 60% tax rate between 100K and 123K and the 2% NIC charge. (Loss of tax allowances as income moves through this income band).

So, really...47%...then 67%...then 52% above 123K.

Madness.
By:
STUDYFORM
When: 18 May 17 08:47
If I earned 150K a year (for example) I'd have about £80K to live on.
If I earned 30K a year, I'd have about £20K to live on.

What's so terrible?
By:
lfc1971
When: 18 May 17 09:58
i don't want any of my money going to anyone else in Britain, or any other part of the world.
that's how it works now.
In todays world you should have no obligation to pay tax in Britain.
You can have no idea how it will be spent, or who it will go to.
By:
lfc1971
When: 18 May 17 10:00
It is a very dangerous thing to allow governments in Britain, and Europe, to collect tax.
By:
lfc1971
When: 18 May 17 10:03
it is much safer to allow private companies to charge for things, and not to allow government any money if possible.
By:
lfc1971
When: 18 May 17 10:04
look at it this way, if a private company asks you for money you can say no.
By:
lfc1971
When: 18 May 17 10:08
what does that do? it brings things within the reach of people, if they wish.
because if they don't wish they won`t pay for it.
private companies don`t like that, they like to make money.
By:
lfc1971
When: 18 May 17 10:11
because private companies like to make money, it makes us all wealthier, because governments like to give money away it makes us all poorer.
By:
anxious
When: 18 May 17 10:18
Perhaps you should go and live in the Falkland Islands lfc , you could keep all yer dough then , just imagine yourself and all the sheep Crazy
By:
rogerthebutler
When: 18 May 17 12:42

May 18, 2017 -- 9:58AM, lfc1971 wrote:


i don't want any of my money going to anyone else in Britain, or any other part of the world.that's how it works now. In todays world you should have no obligation to pay tax in Britain.You can have no idea how it will be spent, or who it will go to.


I've a fair idea some will go to maintain the armed forces, the roads, paying teachers - stuff that makes the world a fully-functioning place.

By:
lfc1971
When: 18 May 17 13:09
The only reason for a country to have an army is to secure its borders, we haven't done that for 50 years, and we are not doing that now.  it would have made zero difference to lives if we didn't have an army.
teachers? there is no need for any country to have state schools.
Britain never had any until fairly recently.
By:
lfc1971
When: 18 May 17 13:21
the roads? well I would like any money going towards maintaining roads, and buildings roads to do that.
and not something else.
By:
zorrostrikes
When: 18 May 17 14:54
if i earn a million how much can I keep?
By:
rogerthebutler
When: 18 May 17 15:20

May 18, 2017 -- 1:09PM, lfc1971 wrote:


The only reason for a country to have an army is to secure its borders, we haven't done that for 50 years, and we are not doing that now.  it would have made zero difference to lives if we didn't have an army.teachers? there is no need for any country to have state schools.Britain never had any until fairly recently.


What a bizarre view of the world!

Shouldn't you be moving to rural Montana, stocking up on beef jerky and Kalashnikovs and donning your tin foil helmet?

By:
FatherMaguire
When: 18 May 17 16:46
Taxing the rich a bit more seems like a very sensible way to keep funding NHS, schools etc - it's a miracle the right-wing press have managed to persuade the rank and file this would be a bad thing (when 99% of them would be unaffected)
By:
Whisperingdeath
When: 18 May 17 17:13
Yes taxing the rich makes more sense than taxing the poor because of the mistakes made by the rich!

If ordinary people had more disposable income rich people could make more profit.

If high earners want to live abroad I say great! London is very full, adios! We shall see if we shall miss them at all. There are plenty of smart intelligent hard working people around to fill the gaps. Lets see how many want to live in Dublin, Paris or Frankfurt.

Firms including KPMG, McKinsey and PricewaterhouseCoopers (PwC) have made millions of pounds from plans that could lead to the closure or downgrade of NHS hospitals.

Health bosses have spent at least £17.6m on management consultants to draw up the strategies, which earmark cuts to departments and some A&Es.
.........is this an example of the Brain Drain? Do these Health Bosses who earn six figure salaries not know how to save money in the Hospitals they run? Why are they in charge? Adios!
By:
zorrostrikes
When: 18 May 17 17:26
1800 billionaires - three billion each on average.

three billionaires in south africa have more money than lower 50 percent of the country's population?

somebody collar these guys. instead of hitting us up every time we go to the shops for a loaf.

charities? chase the billionaires - there are 1800 of them.
By:
STUDYFORM
When: 18 May 17 17:51

May 18, 2017 -- 4:46PM, FatherMaguire wrote:


Taxing the rich a bit more seems like a very sensible way to keep funding NHS, schools etc - it's a miracle the right-wing press have managed to persuade the rank and file this would be a bad thing (when 99% of them would be unaffected)


Summed up nicely.

By:
Johnny The Guesser
When: 18 May 17 18:20
...because the rank and file are clever enough to realise that if you keep squeezing the top end guys they will leave , (or not even come here in the first place), not expand, or  invest,  and stop creating jobs, or wealth.
By:
Whisperingdeath
When: 18 May 17 19:12
Well let them share their talents with the rest of the World!

Do you think we do not have men and women in this country to replace them?

If the guys at the top are so stupid that they do not realise that squeezing the population to levels where they have nothing to spend is not going to cause a recession and depression we are well rid of them. They are not so smart and nearly brought the Western World as we know it to an end during the financial crisis.
By:
Johnny The Guesser
When: 18 May 17 19:52
That's exactly the point ...Nobody will want to step up and replace them because the tax burdens are too high.

The country is already awash with people who won't work a minute over 16 hours a week  - Why is that ?
By:
1st time poster
When: 18 May 17 20:09
why is that
because the so called wealth creators,investors wont pay a wage which makes it worthwhile for people to work 40 hrs,it really isnt an argument you only have to compare the wages increases in the boardroom to those on the shop floor since 2008,with firms even paying out dividends from borrowed money ,as for investing in plant,machinery,training,upskilling your having a fooooking laugh they lobby downing street for anever ending flow of either young people off the dole working for benefits or employ migrants on shoite wages and no training
By:
1st time poster
When: 18 May 17 20:11
the difference between real world of work and the fairytale of work in the minds of politicans and the media is mind boggling
By:
john92
When: 18 May 17 20:31
https://www.youtube.com/watch?v=CKCvf8E7V1g
By:
STUDYFORM
When: 18 May 17 22:08

May 18, 2017 -- 7:52PM, Johnny The Guesser wrote:


That's exactly the point ...Nobody will want to step up and replace them because the tax burdens are too high.The country is already awash with people who won't work a minute over 16 hours a week  - Why is that ?


I'll step up and replace someone on £1 million a year and happily pay 60% of it in tax.
That would leave me with £400,000, and the person who's buggered off (not that any would) will have been replaced by someone with a conscience, who works hard.
I reckon I'm one of many.

No-one will go anywhere, more's the pity. These people/organisations are not so clever or of that much use to the rest of us.
As for expansion and investment - Most of them are earning what they do because they've replaced well paid workers with low-paid ones over many years, that and a compound interest of earnings over about 50 years (because everyone has to have a PERCENTAGE pay rise each year) has meant that instead of earning 4 or 5 times the lower earners they now earn 50 or more times. There is no defence for the disparity.

If the chairman of ANY big company left (and went where exactly? btw) because he had to pay a bit more tax would his job be SO specialised and valuable he couldn't be replaced.
I mean, ffs, many of these people get rewarded for failure!!!

By:
pan07
When: 18 May 17 22:10

May 18, 2017 -- 7:52PM, Johnny The Guesser wrote:


That's exactly the point ...Nobody will want to step up and replace them because the tax burdens are too high.The country is already awash with people who won't work a minute over 16 hours a week  - Why is that ?


daily mail reader LaughLaughLaugh

By:
lfc1971
When: 19 May 17 01:23
The problem is not that those at the top can't be repaired, most of them can. That doesn't matter and what they are paid doesn't matter in this respect.
The problem is that the middle and working classes can be replaced, and easily.
And until that changes nobodies wages are going to get better.
And they will never get better.
What is the solution? well it's nothing to do with how people are taxed, its supply and demand it's pretty simple .
By:
lfc1971
When: 19 May 17 01:29
You can tax the highest paid at 90% and you won't be a penny better off , and neither will the country.
They can earn that sort of money because they have an endless supply of labour, only when labour is scarce do people become wealthier.
There is nothing that can overcome this fundamental, a good and fair and well run and prosperous country must have a scarcity of labour, not a surplus .
It is a defining characteristic and cannot be otherwise.
By:
zorrostrikes
When: 19 May 17 01:55
stability of law - if you buy property in the uk, it's yours.

in Spain? not so sure? they have a habit of taking it back.

the uk is the secure place to go. ask Roman Abramovich.
he owns Chelsea as an investment along with friends?  also because it
gives him protection. He is now highly visible. Do you knock off someone
with such a big shadow?

They come here to regain respectability.
By:
Whisperingdeath
When: 19 May 17 04:21
Good point Zorro.

MAny of these Dictators, family of Dictators know they are only President for Life. Britain offers them safety and stability and that is worth 60% of anybody's income!. Wealthy people too love London as a safe haven not just for them but more importantly their children.

Johhny Guess who makes a good point about the 16 Hour week and I am fed up of people working 16 hous and getting their housing paid. It is this that is stopping the minimum wage the maximum wage for many. Tax payers need to stop funding a benefit culture and should absolutely shop sudsidising Business by making up wages! A huge proportion of Green's BHS staff were on housing benefit. This has to stop.
By:
Johnny The Guesser
When: 19 May 17 06:36
Get out there then Study....You sound exactly the type of guy this country needs!

Study...train....invest in yourself...come up with an idea...spot opportunity...business plan..remortgage your house...build a business....work long hours...family pressures...suffer setbacks.....tweak idea....bounce back...finally crack it years later....invest in local economy...create jobs....pay shed loads of VAT and other taxes...put in 100% of the effort ...take 100% of the risk... then get asked to pay 52% of the remaining profits to a sleeping partner.

Oh ..and get continually told you have just been lucky and still aren't paying your "fair share".
By:
lfc1971
When: 19 May 17 07:09
They come to London because they have relative safety, compared to the sh!teholes they come from. And Britain does not look too carefully at where the money comes from, and it is has the appearance of a being lawful , and Britains links to tax havens.
You have to ask why are so many of  the worlds financial disasters mainly based in London , including a large proportion of the American banking disasters such as Leighman which almost bankrupted the economy.
It is because Britain has the appearance of being legal, but is easy to manipulate and  ideal for corrupt practises.
This is why the money comes to London, but make no mistake it doesn't bring wealth to Londoners.
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