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Universal Credit

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Midlands Eagle Flag 26 Oct 17 9.40am Send a Private Message to Midlands Eagle Add Midlands Eagle as a friend

Originally posted by steeleye20

Tinkering with taxes will not make any difference.

To deliver a society for the majority not the few requires upheaval.

I do think labour can make a big difference on social issues like Attlee and Wilson did.

The highest tax rate under Wilson's Labour Government was about 95% if I remember rightly and the major effect it had was the brain drain where all of out captains of industry upped sticks and moved to America where the tax regime wasn't as penal

 

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Pussay Patrol Flag 26 Oct 17 9.46am

Originally posted by Midlands Eagle

I was made redundant 20 years ago and was out of work for a couple of years and I would have sunk without trace if it wasn't for the mortgage protection insurance

You must be the only person in the country who wasn't mis-sold PPI

 


Paua oouaarancì Irà chiyeah Ishé galé ma ba oo ah

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steeleye20 Flag Croydon 26 Oct 17 9.58am Send a Private Message to steeleye20 Add steeleye20 as a friend

Originally posted by Midlands Eagle

The highest tax rate under Wilson's Labour Government was about 95% if I remember rightly and the major effect it had was the brain drain where all of out captains of industry upped sticks and moved to America where the tax regime wasn't as penal

Only a handful of people would have paid 95% if that's true, on the highest portion of income over 100k a fortune then.

You are not remembering the facts but the Daily Mail version of them.

 

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Lyons550 Flag Shirley 26 Oct 17 10.43am Send a Private Message to Lyons550 Add Lyons550 as a friend

Originally posted by steeleye20

Tinkering with taxes will not make any difference.

To deliver a society for the majority not the few requires upheaval.

I do think labour can make a big difference on social issues like Attlee and Wilson did.

I think that the ONLY tinkering of taxes that needs to be done in order to make a far great magnitude of difference to the economy is to ensure that business can't evade/avoid it....but this needs to be on an international level, as otherwise only Turkey's voting for Xmas would take it on!

 


The Voice of Reason In An Otherwise Mediocre World

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CambridgeEagle Flag Sydenham 26 Oct 17 10.58am Send a Private Message to CambridgeEagle Add CambridgeEagle as a friend

Originally posted by Lyons550

I think that the ONLY tinkering of taxes that needs to be done in order to make a far great magnitude of difference to the economy is to ensure that business can't evade/avoid it....but this needs to be on an international level, as otherwise only Turkey's voting for Xmas would take it on!

OECD already doing this.

Companies being fined for not paying taxes and not paying fines. Problem is no one will then stand up to them and say, OK you're no longer allowed to trade here.

 

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steeleye20 Flag Croydon 26 Oct 17 12.09pm Send a Private Message to steeleye20 Add steeleye20 as a friend

Originally posted by CambridgeEagle

OECD already doing this.

Companies being fined for not paying taxes and not paying fines. Problem is no one will then stand up to them and say, OK you're no longer allowed to trade here.

I read that the EU are fed up with tax evasion by companies and are considering taxing on turnover not profit.

That would put the cat among the pigeons.

 

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beak Flag croydon 26 Oct 17 12.28pm Send a Private Message to beak Add beak as a friend

Originally posted by Hrolf The Ganger

I think you are a Labour Party drone who spends most of his life trying to bad mouth the Tories.

A very poor response, the O.P.tried to Initiate a debate and you chose to be rude,if you have nothing to contribute -don't bother replying.

 

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npn Flag Crowborough 26 Oct 17 12.40pm Send a Private Message to npn Add npn as a friend

Originally posted by CambridgeEagle


Tax systems have to be progressive, otherwise they are unfair.

That's where we differ, I think.
20% of 20K is 4k.
20% of 200K is 40K.
The 'rich' already pay far more in tax - increasing the percentage rate is what strikes me as unfair.

I like the lower end being tax free, that's fair enough to keep people from poverty and afford a decent standard of living, but to levy higher taxes on greater earnings makes little to no sense to me. It seems like a "you don't need it" approach, which may well be true but is fundamentally not fair.

If I choose to work loads of overtime, and the bloke next to me doesn't, why should I take home 60% of my wage while he takes home 80% (for exactly the same work done to the same standard) because I've passed some arbitrary threshold? I may be thrashing myself to save for a deposit on a house, to put a kid through university, or to buy a new kidney for great auntie Doris.

 

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cryrst Flag The garden of England 26 Oct 17 12.44pm Send a Private Message to cryrst Add cryrst as a friend

As it's now a politics thread!!!!!!
I am a Tory and not ashamed, as some feel I should be.
I also voted remain as where my life is I am happy with. It will change now, for sure. I hope not too drastically but time will tell.
Unknown changes frightened me but we are where we are.
As for labour I see their biggest mistake in recent times was not putting David Milliband in charge; just his little brother via a dodgy voting ststem.
He was a good orator and I think was the chance they should have taken.
Strangely I had Time to listen when he spoke.
Maybe I'm a closet socialist to say that but that is my take on it.

 

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npn Flag Crowborough 26 Oct 17 12.47pm Send a Private Message to npn Add npn as a friend

Originally posted by steeleye20

I read that the EU are fed up with tax evasion by companies and are considering taxing on turnover not profit.

That would put the cat among the pigeons.

Wow! If true that would be both radical and daft! No startups would ever get going - lots of them make big losses in the early years, on what may be decent turnovers, also depending on the business area, they may be working on low profit margins.

I think the mega-businesses need to be targetted where they are quite clearly taking the p**s, but I don't have the first idea how to do that. Making your tax bill expensive in country A may well make the company not wish to do business there at all (may not, in itself, be a bad thing - maybe more competition on the high street).

 

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Yellow Card - User has been warned of conduct on the messageboards Hrolf The Ganger Flag 26 Oct 17 12.49pm Send a Private Message to Hrolf The Ganger Add Hrolf The Ganger as a friend

Originally posted by beak

A very poor response, the O.P.tried to Initiate a debate and you chose to be rude,if you have nothing to contribute -don't bother replying.

[Link]

 

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Lyons550 Flag Shirley 26 Oct 17 1.30pm Send a Private Message to Lyons550 Add Lyons550 as a friend

Originally posted by tome

Couldn't the government compel landlords to retain or accept equal offers regardless of benefit status?

I am divided on the idea of giving the cash straight to landlords, doesn't seem likely to engender positive behaviour by either landlords or tenants.

Speaking as a landlord myself not ALL landlords are shysters...just as not all benefit claimants are.

For me having the money go straight into my account is beneficial for both my tennants and myself, it saves chasing for/and the chance for there to be any missed payments and it aids a good relationship between the two.

 


The Voice of Reason In An Otherwise Mediocre World

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