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or is this an overreaction. Starting to get scary now especially with no end in sight. I can't see the people sitting on their hands hoping it rides itself out.
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Riots in the autumn? on 10:05 - Jul 25 with 801 views
Whilst I agree that more tax is needed - surely the burden needs to be carried by business. With tax and NI, we are not out of line with most of Europe in personal taxation, we are about mid-tier similar to Germany. How do you propose people can afford massive income tax hikes with a cost of living crisis?
A significant part of it certainly. But our overall tax take is way down the list of comparable North west European countries.
There is clearly low-hanging fruit before tax rises for middle earners – not just companies that have profited from being spoilt rotten over the years but also higher-earners in the UK who are accumulating much more wealth than ever before.
But ultimately we all should be paying more into society and improving the present for millions/protecting the future. And the last thing anyone should be pushing for is tax cuts.
Pronouns: He/Him
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Riots in the autumn? on 10:11 - Jul 25 with 782 views
There is clearly low-hanging fruit before tax rises for middle earners – not just companies that have profited from being spoilt rotten over the years but also higher-earners in the UK who are accumulating much more wealth than ever before.
But ultimately we all should be paying more into society and improving the present for millions/protecting the future. And the last thing anyone should be pushing for is tax cuts.
Quite a few economists would disagree on your opinion regarding tax cuts.
I think I know who's opinion I would follow.
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Riots in the autumn? on 10:12 - Jul 25 with 779 views
There is clearly low-hanging fruit before tax rises for middle earners – not just companies that have profited from being spoilt rotten over the years but also higher-earners in the UK who are accumulating much more wealth than ever before.
But ultimately we all should be paying more into society and improving the present for millions/protecting the future. And the last thing anyone should be pushing for is tax cuts.
That’s overall tax receipts though - not personal taxes as you previously suggested.
Corporations must pick up the slack, most people )outside of the top 5% earners) cannot afford more on their wages. That’s fine in Scandinavian countries where wages are higher.
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Riots in the autumn? on 10:37 - Jul 25 with 727 views
That’s overall tax receipts though - not personal taxes as you previously suggested.
Corporations must pick up the slack, most people )outside of the top 5% earners) cannot afford more on their wages. That’s fine in Scandinavian countries where wages are higher.
I would agree with you regarding corporations. Targeting individuals is in my opinion outdated, but typical nonetheless.
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Riots in the autumn? on 10:42 - Jul 25 with 698 views
That’s overall tax receipts though - not personal taxes as you previously suggested.
Corporations must pick up the slack, most people )outside of the top 5% earners) cannot afford more on their wages. That’s fine in Scandinavian countries where wages are higher.
Personal tax including NI is also lower in the UK. Plus we pay less VAT too.
There is a correlation between higher tax rates and higher wages too. And a correlation between equality and economic growth.
Taking more personal responsibility among middle and higher wage earners to fight against the underlying inequality is what will help the UK most of all. And in the long-term secure their own lifestyle more than tax cuts.
Pronouns: He/Him
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Riots in the autumn? on 10:49 - Jul 25 with 666 views
Riots in the autumn? on 10:42 - Jul 25 by Darth_Koont
Personal tax including NI is also lower in the UK. Plus we pay less VAT too.
There is a correlation between higher tax rates and higher wages too. And a correlation between equality and economic growth.
Taking more personal responsibility among middle and higher wage earners to fight against the underlying inequality is what will help the UK most of all. And in the long-term secure their own lifestyle more than tax cuts.
Wishful thinking. Ever heard of work from home? Talent can move to any tax free jurisdiction companies generally can’t.
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Riots in the autumn? on 10:55 - Jul 25 with 648 views
Riots in the autumn? on 10:42 - Jul 25 by Darth_Koont
Personal tax including NI is also lower in the UK. Plus we pay less VAT too.
There is a correlation between higher tax rates and higher wages too. And a correlation between equality and economic growth.
Taking more personal responsibility among middle and higher wage earners to fight against the underlying inequality is what will help the UK most of all. And in the long-term secure their own lifestyle more than tax cuts.
Increasing personal taxes now would be ruinous for many people. Don’t forget many have to rely on the state to top up their wages. Whilst I agree what you are aiming for, I don’t agree with how you get there. At this point we should be cutting VAT on fuel bills so that people don’t have to choose to eat or heat.
You seem to live in a bubble of affluent idealism.
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Riots in the autumn? on 11:32 - Jul 25 with 588 views
Increasing personal taxes now would be ruinous for many people. Don’t forget many have to rely on the state to top up their wages. Whilst I agree what you are aiming for, I don’t agree with how you get there. At this point we should be cutting VAT on fuel bills so that people don’t have to choose to eat or heat.
You seem to live in a bubble of affluent idealism.
Stop trying to score petty points all the time. You used to be a little better than this, but seem to have flipped over into the Dark Side of petty politics recently.
Who said anything about raising taxes on poor people? Or not providing relief from exorbitant profit-clawing fuel bills? We can only raise taxes there when wages go up significantly higher. And there's a long way to go before we become that sort of economy and society.
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