N Rothschild
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how can some **** who isnt an economist or an expert in his field be the chancellor of the exchequer? like what the **** does he know?
I have never been able to understand why big earners pay a higher rate of tax when they are already contributing more to the Exchequer due to their ability/hard work/large salaries.
In my book, the more you earn, the lower the rate should be seeing as you're contributing more to the economy and supporting the "submerged third". But that would offend our working class socialist mentality. When will our socialist leaders realise that we need people with talent, brains, & high earning power to get us out of the sh!t that our politicians have allowed to accumulate?
you sound like a right capitalist atilla
sorry i was being sarcastic lol..i didnt think your ideas fitted in with the capitalist mind set thats all..which to be fair most of us traders have this mindset!
I wouldn't have classed my self as a capitalist just common sense on not to tax work but tax spending that's all.
I just thought I throw in what they tought us back at school long time back.
I think the system is stupidly complex.
What is the point of taxing earnings in PAYE and then taxing interest on savings again???
I don't understand why I have to deal with Employers contributions, Employee contributions, PAYE, corporation tax and then self assessment on top... Where did you earn that income. How did you earn that income????
It's all very stupid as you want people to work and earn money. The more money circulates the richer everyone becomes. Why staunt the flow of that money???
Government supposed to be efficient in managing. It's like they go out of their way to compound on complexity. They think they can fine tune and manage the economy. End to boom and bust I think was their expression.
You pay everyone the minimum amount they need to survive and everyone gets the same whether they work or not. Rest of money you earn is down to your work effort. You only pay tax on what you spend. It's in the price. Simple, effective, equal to all.
True socialism imho.
Snobs like buying products others can't afford. Exclusivity is the selling factor. I refuse to believe any car costs can vary between £5K - £500K...
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Everybody in the UK should quit working and start spread betting...that'll learn 'em!![]()
I thought they already had.
As for inheritance tax, well thats just criminal in my opinion. So my grandparents have worked hard all their lives, paid their taxes on everything they earnt and bought yet when they snuff it, it will all be taxed again before my parents recieve any of it??? How can they even get away with that?
Anyway, what do I know. Its a sorry state of affairs thats all I know
Sam.