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GoOnThen
05 Nov 17 18:36
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Date Joined: 17 Mar 10
| Topic/replies: 60,388 | Blogger: GoOnThen's blog
Murky waters indeed.
Pause Switch to Standard View Panorama - Tax affairs.
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Report Whisperingdeath November 6, 2017 10:02 PM GMT
what would you do Sonka if your tax adviser told you it was legal?

I would do the same I am sure! the laws are wrong and the people who frame them!
Report Whisperingdeath November 6, 2017 10:05 PM GMT
absolutely H

The other thing  about the loan back is firstly the tax man doesn't know about the arrangement.......if the tax payer doesn't tell him. But I see that it can be construed as evasion and they should act on these Paradise Papers.

The EU should also nail the likes of Apple! We maybe need to charge them up front or find a way to charge them for doing business in our country. If they dont want to contribute to our society then they should not benefit.
Report mad mad moon November 6, 2017 10:09 PM GMT
Lay Lewis Hamilton for SPOTY Cool
Report Whisperingdeath November 6, 2017 10:09 PM GMT
result
Lewis will have to pay back the Vat on his jet!

Dont blame him for not but now he will have to pay one hopes!
Report Ibrahima Sonko November 6, 2017 10:10 PM GMT
If i worked for the bbc and was being paid much more than i am worth i think i would just accept the tax bill, Bit different for Lewis H who is so rich and being paid his market value he is going to be advised well.

I find it strange how governments accept these tax havens that take tax money away, i know it is legal under poor tax laws but it isnt right.
Report mad mad moon November 6, 2017 10:12 PM GMT
And Mrs Browns boys for a BAFTA Devil
Report Whisperingdeath November 6, 2017 10:14 PM GMT
True Sonko

Again i say Labour are being presented with an open goal here and they will miss by a mile. All they have to say is that we will close these loopholes for the rich and priviledged but they won't

Again the BBC h is saying the Queen should apologise for investing money offshore...IT IS NOT ILLEGAL FFS but they pay people ofshore which is coluding in a tax fraud! Ignorance should not be an excuse
Report akabula November 6, 2017 10:22 PM GMT
How many on here have transferred shares into their spouses name before selling them to avoid paying tax?
Report bongo November 6, 2017 10:24 PM GMT
Setting corporation tax and inheritance tax at the optimal level of 0 will solve all this shenanigans.
It would also put half the law firms, accountants and tax planners in these so-called havens out of business, the whole industry will have to drop their fees and it will be cheaper for start ups to hire good accountants and raise capital.
But no-one will ever be permitted to say this on the BBC, because they only believe in solutions that involve moar government.
Report ooO{Alpha Centauri}Ooo November 6, 2017 10:36 PM GMT
Thinking about this situation in terms of political parties and even countries is futile, this is the not so secret economy of the truly wealthy and powerful, the 'loopholes' are laws designed to keep them getting richer and the peasants poorer.  To think this will get stopped because of some 'leaked' details is pie in the sky.
Report xmoneyx November 7, 2017 12:04 AM GMT
LH - tax advisor

I'm not calling it dodgy , but you only have to land your plane once,isle of man to avoid £3mill tax

Hamilton

hold my beer Laugh
Report Captain carnage November 7, 2017 12:10 AM GMT
So much sanctomonious craaap spouted.

The richest 10% pay about 75% of all the taxes in this country - is that fair?

Is if bolllox. If I was rich enough to fall into the bracket were over 50% of my income was to be paid to the government I would move heaven and earth to avoid paying every penny.

Is there any evidence that any government spends a rich persons tax more wisely than if you just left that money
with the rich person?

I would suggest the 2nd option would probably help the economy which in turn helps the `poor' and `rich'.
Report G Hall November 7, 2017 12:22 AM GMT
Saint bono
Report terry mccann November 7, 2017 8:16 AM GMT
yeah what a turd ^
Report salmon spray November 7, 2017 9:59 AM GMT
I feel sorry for poor old Liz,who does her best imo,being lumped in with the likes of Bono and Hamilton.
Report STUDYFORM November 7, 2017 10:07 AM GMT

Nov 7, 2017 -- 12:10AM, Captain carnage wrote:


So much sanctomonious craaap spouted.The richest 10% pay about 75% of all the taxes in this country - is that fair?Is if bolllox. If I was rich enough to fall into the bracket were over 50% of my income was to be paid to the government I would move heaven and earth to avoid paying every penny.Is there any evidence that any government spends a rich persons tax more wisely than if you just left that moneywith the rich person?I would suggest the 2nd option would probably help the economy which in turn helps the `poor' and `rich'.


No they don't. You made that statistic up!

What IS true however is that the richest 5% own about 95% of the money.
When they buy a loaf of bread it costs them the same, yet is a tiny proportion of their wealth.
Most people's shopping can be measured in whole number percentages of theirs.

Most people have no choice about tax. On food, fuel, travel, income, everything. At full rates.

The richest claim much of it back against expenses and avoid the rest.
and people like you call the objections sanctimonious.

Pot, kettle, black.

Report STUDYFORM November 7, 2017 10:08 AM GMT

Nov 6, 2017 -- 10:36PM, ooO{Alpha Centauri}Ooo wrote:


Thinking about this situation in terms of political parties and even countries is futile, this is the not so secret economy of the truly wealthy and powerful, the 'loopholes' are laws designed to keep them getting richer and the peasants poorer.

Report STUDYFORM November 7, 2017 10:10 AM GMT
Quite right, alpha.
No-one can stop them, they make the rules...Or pay someone else to.
Report Dr Crippen November 7, 2017 11:12 AM GMT
While capitalism is the system used to provide wealth for the UK, the company tax laws will remain little changed.

And the BBC who surely have experts to advise them in the facts of the matter, will continue to make programmes designed to infuriate people rather than educate them.
Report Whisperingdeath November 7, 2017 1:00 PM GMT
Again I reiterate this is an open goal for Labour and they will miss it by a mile. They should insists they will pass a law that if monies have been squirrelled away in illegal ways and not been reported to HMRC they will incur heavy penalties on discovery.

They take property of drud dealers why should they not do the same to these people who do not pay their fair share?
Report terry mccann November 7, 2017 1:48 PM GMT
actually its 2 per cent that own 98 per cent of the wealth and its getting worse, got to say that bono is a two faced cooont though
Report Ramruma November 7, 2017 2:25 PM GMT
The Queen might be innocent after all.

According to the Telegraph it was actually the Duchy of Lancaster which is effectively a government department (hence, Chancellor of the Duchy of Lancaster).
Report treetop November 7, 2017 2:39 PM GMT
Might we get an apology from Corbyn ?
Report moisok November 7, 2017 2:42 PM GMT
I love the guardian's moral outrage.  Running 7 stories at the moment. One of the 'offshore' account papers like the Mail.  How dare they!!!!  see my Spectator article.  ho ho
Report terry mccann November 7, 2017 3:13 PM GMT
they just feed us a bit but nothing will ever come of it anyway
Report Captain carnage November 7, 2017 4:00 PM GMT
`This chart from the Institute for Fiscal Studies shows that about 90% of income tax is paid by the 50% of taxpayers with the highest incomes, while more than a quarter is paid by the richest 1%.

MORE THAN A QUARTER OF ALL INCOME TAX PAID BY THE RICHEST 1%.

If you think thats fair you must be out of your tiny mind.

That 1% who you all claim pay no tax and avoid everything pays for just about everything the poor get.
Report Captain carnage November 7, 2017 4:02 PM GMT
I cannot understand why this loony left, commy, class envy drivel is always allowed to go unchallenged.
Report Captain carnage November 7, 2017 4:05 PM GMT
Unfortunately its what you come to expect off most people you meet.

After all it was the `poor' who voted for Brexit - thereby guranteeing themselves to be significantly poorer over the next few decades.

I suppose its the `rich' who mostly voted to stay in Europe who will pay for the simpletons lack of understanding of basic economic principles.
Report G Hall November 7, 2017 4:59 PM GMT
You sound like bono
Report Escapee November 7, 2017 7:28 PM GMT
After all it was the `poor' who voted for Brexit

encouraged to do so by the 'rich' such as **** Johnson and 1,000's of other non-poor


or is Johnson counted as poor in your stats?
Report Escapee November 7, 2017 7:30 PM GMT
*didn't expect the censor to delete bl0w j0b J0hnson
Report unitedbiscuits November 7, 2017 7:42 PM GMT
You are both correct. Brexit was popular with the "left behind people" but, unfortunately for them, the cabal who own the Brexit project are extremely privileged and contemptuous of them. Lawson, Lamont, Murdoch, Rees-Mogg, Davre, the Barclay brothers, Redwood, Duncan-Smith.. god help the poor when there's no regulations to save them from these predators.
Report akabula November 7, 2017 7:49 PM GMT
After all it was the `poor' who voted for Brexit

So we are split almost 50-50 with poor and rich?
Report Diff-rent November 7, 2017 10:07 PM GMT
For the one who sows to his own flesh will from the flesh reap corruption, but the one who sows to the Spirit will from the Spirit reap eternal life.



The bible clearly tells us . It's almost impossible for a wealthy person to enter in to heaven.
Report terry mccann November 7, 2017 10:13 PM GMT
thought it was someone who worshipped money
Report akabula November 7, 2017 10:17 PM GMT
The Bible? That book that was pieced together from a whole host of tales told by man to man.
Yep a credible source. Laugh
Report Vubiant November 7, 2017 10:24 PM GMT
Money makes a good a good servant but a bad master.
Report Sica Dan November 7, 2017 10:48 PM GMT
'The man who dies Rich dies disgraced' Andrew Carnegie.
Report Capt__F November 7, 2017 10:51 PM GMT
die owe £500  failure
die owe £5000 businessman
die owe £5 billion government


I'm on my way
Report STUDYFORM November 8, 2017 1:24 AM GMT
The richest people have all the money!!!!
forget percentages for a minute.

If someone, say a well paid footballer earns £200,000 a week and pays 50% in tax, he still has £100,000 a week coming in.
Whereas, for the majority of us earning between £12,000 and £30,000 a YEAR pay a far lower proportion but have bugger all to live on.

I fail to understand why people with billions of £'s they cannot POSSIBLY spend have to try to avoid paying tax.

Also worth remembering is that income tax is only worth 23% (iirc) of all tax revenue.
Road tax, cigarettes, VAT, fuel, etc etc etc is where most of OUR money goes and we ALL have to pay it at the same rate.

Unless, like MP's and other well-versed or contracted, invariably much better off people, it can be offset against expenses or fiddled in some way.

Why the defence for "the rich" - The rich get on fine without support from those who give it just to prove they're not in some way "leftie".
And while we're at it, We're not talking about people who are just a bit well off, but about people and more especially big companies who don't need the money and pay considerably less than they should, NOT more than poorer people.
Report STUDYFORM November 8, 2017 1:27 AM GMT
AND.
Big companies who manipulate tax to suit themselves use the increased money they keep to undercut opposition. Thus causing the demise of tens of thousands of small businesses.
Report STUDYFORM November 8, 2017 1:29 AM GMT
Oh, AND,
Most of the richest 1% earn at least 100 times more than the average, so the 1% SHOULD pay 100 times more.
They still get to keep 100 times more.
Report terry mccann November 8, 2017 7:50 AM GMT
o you are such a dreamerLove
Report STUDYFORM November 8, 2017 11:14 AM GMT
Yep, it'd be nice if some dreams weren't bordering on nightmares, wouldn't it?
Report Johnny The Guesser November 8, 2017 7:26 PM GMT
We've done all this before Study. The rich and their taxes keep the whole show on the road.  The country would be stuffed without their taxes.

23 million working age people pay no income tax at all.

300,000 people pay more than a 1/4 of the whole nation's income tax.

The questions we should be thinking about and addressing  are  Why are the poor poor ? Why are the rich rich ?

What do the rich do to make them wealthy ?  It isn't all just luck (although luck does play a part).

Find ways to encourage and educate the disadvantaged to help themselves.

Make society more equal by pushing the poor higher not by dragging the rich down towards them.
Report donny osmond November 8, 2017 7:37 PM GMT
income tax has changed for whatever reason, many low earners do not suffer it.

but they pay vat on toy planes for their kids, many high earners , it would seem,
do not pay vat on real planes.
Report Johnny The Guesser November 8, 2017 7:41 PM GMT
If I am a builder and I buy a van I can claim the VAT back.

If I am an international businessman and I buy a jet to fly all over the world running my business , why is it so wrong to be able to claim back the VAT ?
Report donny osmond November 8, 2017 7:47 PM GMT
vat refund on van, but not on car except certain circumstances.....

plane for private use, at least in part, no full vat refund, unless you know
to register it in the right place.
Report moisok November 8, 2017 7:55 PM GMT
the reason why SOME people are poor is they will not get of their erses

I always have said (forever on here)  that if I am in financial trouble I can simply pop up the road and get a job and earn some money

however this is personal and in no way sorts the fundamental problems we have in our society

but it is an attitude  is it not

it is the old victim blaming the others syndrome
Report Johnny The Guesser November 8, 2017 7:56 PM GMT
You are missing the point.

The plane has to be used for business purposes to reclaim the VAT in the same way the builder would never use his van for any non business trips.

If non business use is involved then that proportion of VAT on the plane (and the van) should not be reclaimed.
Report donny osmond November 8, 2017 8:05 PM GMT
except if plane is registered in the right place

then a full refund is paid out

as in the panorama program being discussed
Report Johnny The Guesser November 8, 2017 8:05 PM GMT
The "not rich" fiddle the system by much much more than the rich simply because there are far more of them.
Report Johnny The Guesser November 8, 2017 8:07 PM GMT
Do you know for a FACT that a full VAT refund was claimed and not a partial refund ?
Report donny osmond November 8, 2017 8:12 PM GMT
i dont think i can claim to know as a fact anything that is shown on tv, so no.
Report Johnny The Guesser November 8, 2017 8:29 PM GMT
The problem with the LH situation was not the actual reclaiming of the VAT, but the possible massaging of the business/private use of the jet to maximise the level of VAT reclaimable on the business element.

Do "normal" self employed people try to maximise their tax deductions in the same way or is the notion absurd ?

"It's OK because it's me and I deserve a "drink" ...but some millionaire tries the same thing and "It's an outrage !"
Report Johnny The Guesser November 8, 2017 8:35 PM GMT
The worst offenders on the program were the actors being paid their fees into the offshore trusts. That is just blatant cheating.

They might has well just been paid the money as normal then just "forget" to put in onto their tax return , and hope they get away with it. Their tax planning had no more merit to it than that.

But then again how many self employed tradesman have never done a cash job ?
Report donny osmond November 8, 2017 9:02 PM GMT
i am sure there are many folk that avoid taxes.

it is legal for me to avoid taxes by saving within an isa

if i paid tax on my savings then others would benefit, not me.
Report STUDYFORM November 9, 2017 12:00 AM GMT
Most of us would take advantage of loopholes/avoidance/ways around paying tax if we could.
BUT:
For the vast majority, there isn't enough left, or they don't have enough to worry about.

So if we want it to be fair, the rules need to be changed. Trouble is the ones making the rules either have the money, or are paid by those who have the money.

The most puzzling thing for me is why so many are ready to defend the rich who pay so little tax by saying "they pay loads of tax!!!!"
If anyone on this forum is rich enough to be affected by a firmer tax regimen for the richest, I'd be amazed.
Report Capt__F November 9, 2017 12:06 AM GMT
Eh..cough...Cough!
Report Captain carnage November 9, 2017 12:28 AM GMT
My only conclusion is that Studyform is envious/jealous of the `rich' anf clearly a left-wing idealist/fantasist.

Several times it has been explained that the `rich' pay most of the tax that helps the `poor'.

You just dont/wont grasp that.

`The most puzzling thing for me is why so many are ready to defend the rich who pay so little tax by saying "they pay loads of tax!!!!" - They defend it/state it because its a FACT.

Ps. `Rich' and `Poor' is almost impossible to define. The poorest person in the UK could be argued to have wo the lottery compared to the economic/political situation of the bulk of the rest of the world.
Report Mc Moonbeam November 9, 2017 2:49 AM GMT
The Elephant in the room seems to be that the BBC are allegedly DOING IT THEMSELVES !

They just shine the light on the 'Celebs' once in a while to take the heat away from the real Big Boys & the gullible old folk of the Chit Chat Fora lap it all up as usuals Scared
Report Whisperingdeath November 9, 2017 7:00 AM GMT
Do we really want a world where the likes of Donald Chump Junior or should we call him Fredo? Has do to nothing ( hopefully ) but live off the riches of his father? God forbid his like want to take an active part.

Any society that does not allow people with talent to flourish is doomed. We are approaching a situation that where you are born and to whom is paramount. Plenty of non elite kids are scoring enough to get to Oxbridge but are barred because of their social status. To quote the Orange One...not good, infact very bad!
Report Johnny The Guesser November 9, 2017 7:29 AM GMT
I'm not defending anybody. I just want to highlight the double standards that are being applied.

Who is more guilty here ?

The businessman who "gets clever" (using legitimate procedures) and cuts his taxes from £10m a year to £8m a year ?

Or the self employed tradesman who say claims his wife is his secretary and cuts his taxes from £8000 a year to £6000 ?

Who is better for the country as a whole ?
Report terry mccann November 9, 2017 8:04 AM GMT
if the Royals try to avoid paying tax why should anyone pay it? terrible examples to set
Report Whisperingdeath November 9, 2017 8:09 AM GMT
Johhny,

The hippocracy is in the stacked deck. I don't blame Lewis Hamilton for pulling the old Vat number. YThe fact is though that many people are chaneeling money offshore and not declaraing it to the Revenue. That is illegal. With the amounts of money involved I think they should implement the same powers they show to drug dealers.

You know when HSBC laundered money for the Mexican Drug Cartels they said sorry. Nobody went to jail. How does that compare to the self employed tradesman who says his wife works as his secretary or member of Parliament for that matter or managing directors wife of Phillip Greens wife who allegedly ran BHS from Monaco?

The ones who are jealous and envious are the ones who begrudge anyone but themselves from making a living!

The Laws are wrong and need to be changed. I don't believe in taxingthe rich particularly Companies for the hell of it. i would rather we all paid less tax but EVERYONE should pay their fair share.

BTW I also think income support needs looking at, Housing benefit, any form of benefit for somebody who comes here from another country in the first five years who came here to work.

We need to build houses, have a decent health service, educate our children and ensure people who work a=have a decent standard of living.  The people who benefit from what our Country offers must pay their fair share!

We are many, they are few!
Report Johnny The Guesser November 9, 2017 8:19 AM GMT
Terry - You are just falling for the BBC spin.

The Queen has had a bad press here.

How exactly are the "Royals" avoiding tax ?

The vast majority of the population that have any sort of fund investment i.e. unit trust / pension etc will no doubt have part of that fund invested in some sort of overseas investment  (and know nothing about it themselves).

How does merely holding an offshore investment equate to avoiding tax ? - The BBC didn't explain that did they !
Report terry mccann November 9, 2017 8:31 AM GMT
its just the tip of the iceberg Johnny,why do all these rich people do it then? some plummy sod told us the Queen wouldn't have known about any of this,yet when I was watching a doc about liz made recently,we were told "the Queen is very clued in to where all her money goes"!
Report Johnny The Guesser November 9, 2017 8:34 AM GMT
Whispering - You talk some sense.

I agree if HMRC feel they are losing the battle in certain areas then they should just move quickly and change the laws. Everything moves so slowly and leads to the perception that the tax planners are getting away with it. They often lose (i.e. film schemes unwinding) but it takes years to happen.

The "fair share" argument however always makes me smile.  What on earth does that mean ?

I bet the businessman paying his £8m a year thinks he is paying far more than his "fair share" when there are 23m people who pay nothing at all. Are those 23m paying their fair share ?

He can't understand why there is an angry mob / the press hurling  abuse at him because they somehow think he should be paying in £10m.
Report Johnny The Guesser November 9, 2017 8:36 AM GMT
A far bigger problem is a "system" that encourages millions of people not to do a minutes work in excess of 16 hours a week.

Utter madness.
Report Johnny The Guesser November 9, 2017 8:45 AM GMT
What about the millions who hold a handful of shares in Santander Bank ? Are all of these some sort of serial tax evaders ?

It is not the holding of offshore investments that is the problem - It is what the individual enters on their UK tax return that matters. (The BBC don't know that but they don't spell that out because they wouldn't have a story). If the returns from the offshore investment are properly declared then where is the problem ?
Report terry mccann November 9, 2017 8:53 AM GMT
should she/they be playing with OUR money in the first place,what if it somehow went t1ts up like Iceland?
Report Whisperingdeath November 9, 2017 9:15 AM GMT
16 Hours a week!

Absolute madnes!

Again we see BHS paid nearly one quarter of their staff so little that they qualified for housing benefit. Who paid for their housing, we the tax payer! If some tax payers are not paying their fair share then they are cheating us who do. I am against the payment to a large degree of hosuing benefit to people who work and tax evaders ( illegal  and otherwise..trusts, double dippers etc )

I am not against people or companies who do well, good luck to them and I see no reason why they should have to pay more than half their income in tax as long as they declare their full income!

Why should Cafe Nero and Starbucks and Google and Amazon have to pay so little in Corporation Tax when they make such a large " profit " in the UK before turning it over to another tax jurisdiction. It is not fair on small business owners. The large Companies have direct acces to the Government who make laws. Murdoch could walk into number 10 via the back door. This is not a level playing field.

If some of these companies think they are paying more than their " fair shre " they are free to look to take their business elsewhere.
Report lfc1971 November 9, 2017 9:29 AM GMT
It is essential that there are loopholes , other countries outside the jurisdiction of the tyranny of the British government
and yes the British people.

It is very important that there is this balance , it keeps the government honest.
Report terry mccann November 9, 2017 9:42 AM GMT
if only ifc
Report lfc1971 November 9, 2017 9:58 AM GMT
In a global world the very concept of paying tax is flawed , and dangerous.
because the tax collected is no longer going to you, but to someone else .
That's a dangerous thing.
Report lfc1971 November 9, 2017 10:00 AM GMT
It is almost impossible for good and safe decisions to be made under those circumstances. Because when a government demands tax we no longer know how it will be spent.
Report lfc1971 November 9, 2017 10:10 AM GMT
under no circumstances should you pay tax , if possible and without getting yourself into any trouble.

That is the message that the government needs to hear.
Report terry mccann November 9, 2017 10:15 AM GMT
if we didn't pay then our roads wouldn't be in the superb condition they are in and that's just for startersSilly
Report lfc1971 November 9, 2017 10:21 AM GMT
: ) well we pay for the roads I don't mind that . At least we see something if we see a road .

But we don't need any more of them.
Report Whisperingdeath November 9, 2017 10:52 AM GMT
Maybe Amazon should pay Road tax!
Report terry mccann November 9, 2017 12:31 PM GMT
and apple
Report Ibrahima Sonko November 9, 2017 9:13 PM GMT
What an absolute scummbag Gary Lineker is, takes millions from the bbc and tells us how we should accept migrants that wont impact his lifestyle but yet he is avoiding taxes.
Report Johnny The Guesser November 9, 2017 9:39 PM GMT
Still probably pays a million or two in tax.
Report Mc Moonbeam November 9, 2017 9:52 PM GMT
small potatoes !
Report leazes67 November 9, 2017 9:54 PM GMT
leazes67 06 Nov 17 13:07 Joined: 18 Jan 05 | Topic/replies: 4,053 | Blogger: leazes67's blog
Lineker been quite these last few days.

Now we know why.
Report Capt__F November 9, 2017 10:25 PM GMT
ears not tuned in
Report STUDYFORM November 9, 2017 11:46 PM GMT
Captain carnage - You are doubtlessly a regular forum user with a re-vamped name.
Would you care to say who, or will you hide behind your new moniker?

I couldn't be any clearer about my feelings about people paying tax.
There's definitely no jealousy going on - so that's a ridiculous thing to suggest.

Let's draw a line then let's say ANYONE EARNING £2,000,000 A YEAR OR MORE should ay their full share - what's wrong with that?
It's been explained also that the rich pay more actual money in income tax than poorer people.
It has also been explained that the rich have proportionally more of the money with which to pay it. TO A GREATER EXTENT. but you choose to ignore this on some pompous footing in case it makes you seem a bit lefty to suggest otherwise.

So I repeat:
The richest people have all the money!!!!
forget percentages for a minute.

If someone, say a well paid footballer earns £200,000 a week and pays 50% in tax, he still has £100,000 a week coming in.
Whereas, for the majority of us earning between £12,000 and £30,000 a YEAR pay a far lower proportion but have bugger all to live on.

I fail to understand why people with billions of £'s they cannot POSSIBLY spend have to try to avoid paying tax.

Also worth remembering is that income tax is only worth 23% (iirc) of all tax revenue.
Road tax, cigarettes, VAT, fuel, etc etc etc is where most of OUR money goes and we ALL have to pay it at the same rate.
Report lfc1971 November 10, 2017 7:27 AM GMT
If a country taxes wealthy people in that Studyform and other leftists want then there is a problem.
( aside from the possibility that a country may end up getting less tax)

But also it will mean that things in a country will become more expensive .
The cost of things in a country , what you buy in the shops, what you pay for housing , what you pay for fuel , whatever,
must be driven by what the average citizen can afford .

When you introduce large sums of money into the economy from a few wealthy people this distorts the market and makes things more expensive .

It is even the case in things such as the NHS that when it is not isolated from the private sector as it is not now. Because it is in collusion with its staff and care homes etc they'd makes the NHS more expensive not less.

Everything within a countries economy must be driven by the average person ,
it is an organic thing that must grow from that he economy and the cost of things must stem from that .
Otherwise things will become more expensive , and people poorer , they become less respected , they become less powerful.
Report STUDYFORM November 10, 2017 8:14 AM GMT
This has nothing to do with 'left' and 'right' much as some people want everything to be.
It's about fairness.
Money doesn't trickle down, it trickles UP.
And then they keep it, leaving nearly everyone else scrabbling around for the crumbs.
Report lfc1971 November 10, 2017 9:53 AM GMT
Of course it is about producing a fair society , but the only way that can be achieved is if the average person in that society determines the costs of things within that society.

That cannot be achieved by taxing the rich , that will only make things more expensive ,
Take an example , let's say we tax s number of wealthy people and build a hospital
Well that hospital is going to have to find doctors and nurses and technical staff and train them and pay their wages
and pay for the costs of running that hospital and the cost of medical care and pay for the doctors and nurses and managers and equipment etc.

Now that is all going to be extra cost that is going to have to be paid by you and me, that is the average person
And if we are having to pay for that hospital that means we may not be able to fund the hospital we were already paying for.

And the wages of the staff at this hospital , they might consider buying or renting a house with those wages , that means that if it is a house that you might like to buy it rent yourself you may not be able to afford
Because the hospital worker has be able to afford to rent the house
This pushes up the price of houses and makes things more expensive

If people want hospitals the costs must come from the average person, if people want houses the costs must come from the average person .
If it doesn't things become more expensive, everyone loses.
Report lfc1971 November 10, 2017 9:58 AM GMT
It is imposibje fir money to trickle up, that is not possible in nature.
It can only trickle down in a natural society.
Report TheBaron November 10, 2017 10:00 AM GMT
Of course the rich pay most of the tax they've got most of the money!  You can hardly pay much tax when you have very little money.

If there was a more equal distribution of wealth there would be a more equal tax take.
Report lfc1971 November 10, 2017 10:00 AM GMT
What is wrong with communism? It is not natural that is why it doesn't work and is so dangerous
Because it takes away the power and safety of the average person.
Report lfc1971 November 10, 2017 10:04 AM GMT
The point is not how wealthy some people are , it is who drives the costs of a society that matters

That must be the average middle classes .
Report lfc1971 November 10, 2017 10:10 AM GMT
And how does a society achieve this balance ?
The people within that society must be needed.
They will not be needed if they are being given money
They will not be beefs if there are too many of them for the talents and resources of that country.
Report lfc1971 November 10, 2017 10:12 AM GMT
When people are needed everything else falls into place.
Report Whisperingdeath November 10, 2017 11:21 AM GMT
Uber lost it'd Employment rights case!

THey will have to compete on a level playing field. Ha Ha pay your National Insurance Uber!
Report Johnny The Guesser November 10, 2017 6:15 PM GMT
The additional charges will eventually just get passed on to the drivers and then the customers.

HMRC may get more but Uber , the drivers and Joe Public will all end up worse off.

But, you are right , business should have to compete applying the same rules.
Report moisok November 10, 2017 6:24 PM GMT
most of our taxes go to pay pencil pushers and people who don't work
some goes to paying big companies who keep workers on low wages so they are subsidised by the tax payer

we need to clear town halls and government buildings of people who produce nothing

just for starters

13 billion can be cut for starters - no foreign aid.

hope this helps

leaving the eu will help to the tune of 8 billion net etc
Report Whisperingdeath November 13, 2017 9:12 AM GMT
I have to agree that there is so much waste and they should start there!

If you ever see Health and Safety Officials at work they act like there is an endless suppluy of money. Imagine not being able to use a ladder on a building site? Seriously they are out of control and all industries are wasting too much money, the NHS is another example of waste and innefficiency. Have a look at their computer systems. Look at Middlesex Hospital. How much tax payer money was wasted there?
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