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Like most things in life, you get what you pay for.
If that were true I wouldn't mind so much. The fact remains that the more you earn in the UK not only the higher the tax you pay, but the higher the percentage of tax you pay. At the same time those that pay the most tax take the least amount back out of the system.
I've got no problems with paying tax, but I'd like to get value for money, and I really believe there should be a cap on the amount of tax an individual can pay.
Now if the UK got every one in work there would be less benefits to pay and getting in more tax that 'could' lead to lower tax rates as they are saving money and getting more in at the same time.
So the UK in my eyes needs to get more people in employment and off benefits. I enjoy working and spending what I earn but the people who don't gets jobs and get benefits end up with more than what I get, by that I mean houses are reduced rent, free dental, glasses, health etc etc. Their kids get free lunches, reduced costs on day trips where working mum and dads pay for all this full cost.
I think the majority of the UK problems come from unemployment and that is why the UK has a tax problem. Now this is just what I think and I am most probably wrong, enlighten me!
That is called progressive taxation. We have that here in Canada, I think the States has it to. It is always a shock when you move into the next income tax bracket.
I live in England, earn over £30k pa and only pay around £1000 pa in tax, one year it was only £250 (02 - 03). Play them at their own game.
The rise of capitalists and indivdiual wealth has perhaps changed the use of the term some, but the concept remains.
Those that avoid taxes for the sole purpose of personal gain/greed have lost sight of the "common wealth" that facilitates their personal wealth.
Those that complain about taxes are just being human;)
WBF
40% is a disgusting amount to have to pay once you cross over thirty grand (in the UK).
LOL - blimey I wouldn't mind if that's all it was...
Try 40% plus 17.5% VAT on most items (except food and books) plus road tax £180 pa plus £110 TV licence plus...
I could go on... I am sure I remember someone working out all the tax liability and it's like 65% plus (if you earn over the £33,300).
Or put another way, Tax freedom day (i.e. when you are working to put money in your pocket not the government's) is nearly half the year - June 3rd.
I really wouldn't mind if the NHS was getting better at coping... blah blah blah... the usual moan
<typos>
[edited by: TinkyWinky at 12:23 am (utc) on Mar. 8, 2007]
Of course now people are thinking...oh...arrr..better be safe I am scared of the gov. They have the legal right to steal half of your money, so I think it is your right to try and protect yourself from their greedy coffers.
I believe in fair taxes and fortunately do not live in the UK anymore but from recent figures I have seen the state now takes 54% of all money. The state cares more about itself than the private sector which is where the real money comes from. If you have any sense get yourself a tax solution and stick 2 fingers up at Gordon Brown.
The number of billionaires in the world has risen to nearly 1,000 - with 29 Britons [itv.com] now making it into the ultra-rich club.
Hey, how'd that happen? :)
[edited by: Crush at 11:27 am (utc) on Mar. 9, 2007]
The number of billionaires in the world has risen to nearly 1,000 - with 29 Britons now making it into the ultra-rich club.
Inflation.
That paper money we circulate just keeps losing value all the time...
Hey, how'd that happen? :)
Inflation.
$100.00CAD now equals:
$82.12 in 1997
$61.17 in 1987
$29.39 in 1977
...
$6.75 in 1917
The dollar, my friends, just isn't what it used to be.
