I thought I had. I actually edited my post to ensure it referenced the post rather than the poster.
Deleted.
I generally think the tax system in the UK is fair, higher earners do pay more. I think I've illustrated that, I'm not really sure how the system can be fairer? Guess you could make the ramp steeper and perhaps raise the level when it tops out at about a 46% effective rate for extremely high earners, but how useful that will be I dunno.
Now wealth distribution on the other hand. I think if you want to take more tax in, the quickest way to do that would be to make the lower earners earn more. There are lots and lots of lower earners compared to higher earners.
I generally think the tax system in the UK is fair, higher earners do pay more.
Income tax, maybe - but we pay many more taxes than income tax. Poorer people pay a much higher percentage of their income on VAT than richer people, IIRC. VAT is not progressive, nor is fuel duty. Likewise council tax - the council tax bands top out at a property value that's not really all that high, so people on modest incomes with modest family houses pay about 2/3rds of what the wealthiest millionaires do, here in Cardiff.
Yeah, defo agree there. Should have specifically said income tax/NI system.
VAT is not progressive
It’s not progressive but given that it’s not charged on food (ingredients), housing and energy is at 5% it’s also not quite as regressive as some make out.
I don’t get that either, here have a proportionally bigger penalty for doing better than average.
But higher earners still make more overall, even with a higher tax. Talk about glass half full. Oh, I make £200k a year, but woe is me I am being penalised. Well, boo ****ing hoo, frankly. You're still rich, you can afford to lose a few grand. Whining about that is just rationalising greed. You're still well off if you make good money, that's the basic fact. When you're well off, looking at your payslip and looking at how much more money you could have pocketed if it weren't for tax is just bonkers.
Many people are on their knees in this country, for all sorts of reasons, and you're suggesting the rich need a tax break? What the hell?
Many people are on their knees in this country, for all sorts of reasons, and you’re suggesting the rich need a tax break?
Don't think anyone is suggesting a tax cut, just pointing out that increasing the burden on the upper end of PAYE is not the answer as it won't cover the shortfall.
Also a lot of the people on their knees voted for that by voting Tory, maybe there is some fairness in them suffering from the consequences of their own decisions?
