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Stirlingsays 23 May 17 12.50pm | |
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Originally posted by Mr_Gristle
As opposed to voting for the idiots that fall over themselves to back the regimes that actively promote the spread of extreme wahhabi islam ? Quality advice. ISIS themselves attack the house of Saud and have been doing it for quite a while. Extremist Wahhabi groups before them did. I don't think you quite get it yourself.
'Who are you and how did you get in here? I'm a locksmith. And, I'm a locksmith.' (Leslie Nielsen) |
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hedgehog50 Croydon 23 May 17 12.51pm | |
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Originally posted by CambridgeEagle
VAT is a regressive tax. The debate is on replacing income tax with what I assume would have to be a higher sales tax. I agree with you for once, Income Tax is much fairer than VAT.
We have now sunk to a depth at which the restatement of the obvious is the first duty of intelligent men. [Orwell] |
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Hrolf The Ganger 23 May 17 12.55pm | |
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Originally posted by Rudi Hedman
You're not being very clever mate. Value added tax being regressive is an economic belief/theory/proven effect and term given to such a tax system/idea yet you're in favour of it. If it was such a good idea it would've been a tax system in the western world by now or at least for a time and the tea party would be visiting Saudi Arabia right now. Oh and I wasn't being condescending. You're being a bit stubborn don't ya think? Oh and the better off would save more and the worker off would be even worse off, getting into debt, gap widening etc etc. We have VAT and income tax right now.
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CambridgeEagle Sydenham 23 May 17 12.56pm | |
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Originally posted by Hrolf The Ganger
Please don't condescend. You aren't that clever. Your view is heavily prejudiced by your politics. Necessities are not taxed and of course you pay a lower percentage of income in VAT if you are better off. It's called being better off. Edited by Hrolf The Ganger (23 May 2017 12.27pm) Income tax accounts for 27% of the total tax take. VAT for 18%, some of which is paid for by exempt businesses such as charities, certain cultural and sporting organisations, private residential property rental businesses and insurance companies. So not only would VAT have to increase (by quite a lot) to cover your proposed cuts in income tax, prices of things like insurance and rent would also rise to cover the increased input costs for those businesses, which again would most adversely impact the poorest. The only stuff that's zero rated is books and basic food stuffs. Utilities have VAT on them, tampons have VAT on, white goods have VAT. Plenty of stuff you don't have much of choice but to buy have VAT on them. Are you suggesting poor people should keep their food on the doorstep to keep cool rather than buy a fridge? I've not seen anyone say we should be equalised, but the tax system should be progressive. Income is too unequal as it is without making matters worse. Edited by CambridgeEagle (23 May 2017 1.00pm)
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nickgusset Shizzlehurst 23 May 17 12.59pm | |
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Originally posted by Hrolf The Ganger
The man who wants to 'negotiate' with ISIS. Don't vote for this idiot. 1. What did Corbyn actually say to lead you to this conclusion? 2. Hypocrite. You had a pop at me yesterday for being party political.
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CambridgeEagle Sydenham 23 May 17 1.00pm | |
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Originally posted by Hrolf The Ganger
We have VAT and income tax right now. An additional 5% tax on the top 5% of earners hardly seems too much. It would be broadly in line with Germany (50.5% for top earners) and lower than many other OECD countries.
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Hrolf The Ganger 23 May 17 1.01pm | |
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Originally posted by hedgehog50
I agree with you for once, Income Tax is much fairer than VAT. We could scrap VAT entirely and increase income tax. I don't have a problem with that as long as middle income people don't get hammered. That is what is likely to happen. Paying 40% tax is a lot of tax already.
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Hrolf The Ganger 23 May 17 1.08pm | |
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Originally posted by CambridgeEagle
An additional 5% tax on the top 5% of earners hardly seems too much. It would be broadly in line with Germany (50.5% for top earners) and lower than many other OECD countries. Tax is a balancing act. I don't know what you earn but remaining disposable income is not a vast amount for the majority of people even when the earn 50 to 100k a year.
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Rudi Hedman Caterham 23 May 17 1.09pm | |
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Originally posted by Hrolf The Ganger
We could scrap VAT entirely and increase income tax. I don't have a problem with that as long as middle income people don't get hammered. That is what is likely to happen. Paying 40% tax is a lot of tax already. The problem here in this country is the cost of housing which isn't the case elsewhere. Sort that and a lot of income problems will be eased. Taking with one hand and giving with another or being better off under one government and then worse off under another solves nothing yet the shortfall in housing rises every year and has been since I looked in about the mid noughties.
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Hansy 23 May 17 1.12pm | |
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Originally posted by Mr_Gristle
As opposed to voting for the idiots that fall over themselves to back the regimes that actively promote the spread of extreme wahhabi islam ? Quality advice. Didn't Corbyn meet with President Assad? I could be wrong, but I am sure I heard about this a while ago. Edit: Just checked, looked like he did in 2009. And strongly condemned the US airstrikes on Syria after the Regime's chemical attack. Edited by Hansy (23 May 2017 1.13pm)
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Hrolf The Ganger 23 May 17 1.21pm | |
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Originally posted by nickgusset
1. What did Corbyn actually say to lead you to this conclusion? 2. Hypocrite. You had a pop at me yesterday for being party political.
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Hrolf The Ganger 23 May 17 1.23pm | |
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Originally posted by Rudi Hedman
The problem here in this country is the cost of housing which isn't the case elsewhere. Sort that and a lot of income problems will be eased. Taking with one hand and giving with another or being better off under one government and then worse off under another solves nothing yet the shortfall in housing rises every year and has been since I looked in about the mid noughties. I agree that mortgages and rents are the biggest problem we face. They are far too expensive. Increasing income tax now would be crippling for some.
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