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I'm all for it - if you earn over 100k pa then you can afford the extra tax. The caveat is that it is as long as it used properly, i.e. to re-distribute to the less fortunate in society.
It's not that long ago that there used to be a 90% tax band at the very top of the tree
Why should people pay more cause they earn more though!? Do i use any more services as a result of someone earning less than me?
Well, in that case - abolish tax and just give people a bill for absolutely everything they use - water, health, police, education. God, think of the administration that would cause.
However, I think there are some strong arguments to support LF's view - but it needs to be a simple system with no get-outs, so you really get the super-rich squeezed.
Why should people pay more cause they earn more though!? Do i use any more services as a result of someone earning less than me?
They should pay more because they can afford more, and it benefits society.
Well ok then, I will go to uni, study hard for years, work my ass off to get that high paid job, so I can get the penthouse apartment i want, the car i like, the lifestyle I worked for - oh no wait, I need to give all my extra income to the government, so they can dish it out to people who have 12 kids and sign on!
Why should people pay more cause they earn more though!? Do i use any more services as a result of someone earning less than me?
They should pay more because they can afford more, and it benefits society.
Well ok then, I will go to uni, study hard for years, work my ass off to get that high paid job, so I can get the penthouse apartment i want, the car i like, the lifestyle I worked for - oh no wait, I need to give all my extra income to the government, so they can dish it out to people who have 12 kids and sign on!
And training doctors who will save your life when you heart packs in, and providing the university that educated you etc etc.
It's part of being a member of a society that sometimes you win, sometimes you lose.
Why should people pay more cause they earn more though!? Do i use any more services as a result of someone earning less than me?
They should pay more because they can afford more, and it benefits society.
Is that not why the tax sytem is %based? So everyone pays the same, but in proportion to what they earn?
However, that said, prices for most things are fixed, so higher earners thus have proportionally more to spend on being frivolous!
I don't know whether higher earners, over £100k, should pay more, or not? I wonder how many people there are who earn that much? Would the extra tax they pay really make a difference, or is it just taxing them for the sake of it?
I probably don't know anyone who earns that kind of dosh (maybe some store managers and regional managers at M&S, but in proprtion to the whole company, they are few and far between), and would be surprised if I ever earnt hat much in my life (at current rates).
I'm all for it - if you earn over 100k pa then you can afford the extra tax. The caveat is that it is as long as it used properly, i.e. to re-distribute to the less fortunate in society.
It's not that long ago that there used to be a 90% tax band at the very top of the tree
Why should people pay more cause they earn more though!? Do i use any more services as a result of someone earning less than me?
I agree totally.
Why should people be taxed more simply because they got of their arses and earned more?
We need to clamp down on the loops holes that means the super rich pay nearly nothing
Agreed! It isn't more taxation but the closure of tax havens and getting rid of stupid loopholes. It's amazing the lengths the uber rich go to to hide their money away so it cannot be taxed!