Letter to Cameron
- Thread starter Carol M
- Start date
How about this idea.
Scrap PAYE altogether, scrap NI and Income tax altogether.
This then makes it pointless to have accounts overseas, it makes it pointless to work cash in hand and it stops all the benefit cheats who "clean windows" etc. Basically remove tax at point of earning.
Then slap a huge chunk of VAT on everything and I mean everything that is bought. No exemptions, no way of claiming back against tax etc etc. Just whack on the VAT.
Then everybody is paying tax appropriate to what they spend. There is total visibility and nobody can cheat the system.
Simples!
Scrap PAYE altogether, scrap NI and Income tax altogether.
This then makes it pointless to have accounts overseas, it makes it pointless to work cash in hand and it stops all the benefit cheats who "clean windows" etc. Basically remove tax at point of earning.
Then slap a huge chunk of VAT on everything and I mean everything that is bought. No exemptions, no way of claiming back against tax etc etc. Just whack on the VAT.
Then everybody is paying tax appropriate to what they spend. There is total visibility and nobody can cheat the system.
Simples!
That assumes that you work on the principle of "people who earn more should pay more" - which kind of negates the point in attempting to achieve a higher salary, no?
If you work 60 hour weeks, have spent 10 years working your arse off for a degree, MBA, whatever - working to get to a strong career high point, and you earn say.. 100k? You're essentially paying more for the same item (through various taxes), as joe bloggs who doesnt work hard, just works part time because he wants beer money and didn't go to any effort to get where he/she is now.
I still see this as a bit of a - if you work hard, earn well, you get punished for it? Maybe it's just me.
I do agree with taking the lowest earners out of tax, though - for the sake of ensuring a minimum standard of living.
If you work 60 hour weeks, have spent 10 years working your arse off for a degree, MBA, whatever - working to get to a strong career high point, and you earn say.. 100k? You're essentially paying more for the same item (through various taxes), as joe bloggs who doesnt work hard, just works part time because he wants beer money and didn't go to any effort to get where he/she is now.
I still see this as a bit of a - if you work hard, earn well, you get punished for it? Maybe it's just me.
I do agree with taking the lowest earners out of tax, though - for the sake of ensuring a minimum standard of living.
Liam-O said:
Possibly. They mostly have offshore accounts and dodge taxes anyway. Look at Jimmy Carr.
At least they would pay some on the stuff they do buy here like houses, supercars, golf club memberships, clothing, food, drink etc
No VAT exemptions and a flat rate would be cheap to administer and police. There would be no hidden cash economy and it would be fairer all round.
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Except smuggling would run rampant, the black market would explode and no way of protecting low income families, the retired etc.
It's interesting when you look at an example in the US. Oregon has no purchase tax with a high income tax, where neighbouring Washington state has lower income tax and a purchase tax. People are always working out which state to live and work in to make it most advantageous to their incomes.
It's interesting when you look at an example in the US. Oregon has no purchase tax with a high income tax, where neighbouring Washington state has lower income tax and a purchase tax. People are always working out which state to live and work in to make it most advantageous to their incomes.
It isnt the Jimmy Carrs of this world that bother me ....... its the George Osbournes that feel its ok for them to purchase a second class rail ticket but sit in the 1st class carriage.... top marks to the Guard/Ticket collector on Virgin Rail for sticking to his guns and making him pay up.
And not forgetting the same cretin Osbourne that flipped his second home in Notting Hill when he sold it to avoid Capitol Gains tax,
And I cant leave out David Cameron who bleets about tax avoiders while forgetting the millions he inherited were accrued by the very same offshore tax avoidance ....
And just who are these faceless a**holes that feel its ok to embarrass the Jimmy Carrs of this country while manipulateing the laws and their positions to further their and their friends own ends ?
And not forgetting the same cretin Osbourne that flipped his second home in Notting Hill when he sold it to avoid Capitol Gains tax,
And I cant leave out David Cameron who bleets about tax avoiders while forgetting the millions he inherited were accrued by the very same offshore tax avoidance ....
And just who are these faceless a**holes that feel its ok to embarrass the Jimmy Carrs of this country while manipulateing the laws and their positions to further their and their friends own ends ?
presumably people live and work in Washington State and shop in Oregon.
or are there border tarrifs?
or are there border tarrifs?
Finisterre said:
I think it's more complicated than that. No border tax though. I like going there on business, it's the cheapest place ever to buy gadgets!