Biddy Posted April 13, 2016 Posted April 13, 2016 The country would be a much better place to live and we'd all be richer if we could choose not to declare all our income
This thread is brought to you by theterracestore.com Enter code `BRFCS` at checkout for an exclusive discount!
Gav Posted April 13, 2016 Posted April 13, 2016 and we'd all be richer if we could choose not to declare all our income I personally don't want to be richer, in fact I'd like to pay more tax if it went towards public services and we operated on a level playing field, sadly under the Tories we'll never be on a level playing field and under new labour the same rule applied!
RibbleValleyRover Posted April 13, 2016 Posted April 13, 2016 Don't see what Whittingdale did wrong, another witch hunt by the media and in particular that Hacked off Group who are a right bunch of hypocrites.
oldjamfan1 Posted April 13, 2016 Posted April 13, 2016 It's 6 bloody years ago GAV. Well before the current hue and cry about legal tax avoidance. If you want morals I don't see you jumping on John Whittingdale for his relationship with a sex worker but then he's the Labour Culture Secretary. He's a Tory, not that it makes any difference. Struggling to see what the issue is here. Single guy meets someone through internet dating who turns out to be not what he thought, she then tries to do a kiss and tell, papers (quite rightly) don't think its a story. Guy doesn't deny any of it and other than it being embarrassing for him, he hasn't done anything wrong. The papers hardly have a hold over him for not publishing a non-story that he isn't even denying. Or am I missing something here?
Moderation Lead K-Hod Posted April 13, 2016 Moderation Lead Posted April 13, 2016 Don't see what Whittingdale did wrong, another witch hunt by the media and in particular that Hacked off Group who are a right bunch of hypocrites. Got to agree with this to be honest. He ended the relationship as soon as he knew.....
Backroom Mike E Posted April 13, 2016 Backroom Posted April 13, 2016 I'm sure flat rate has been discussed before, but would it be so unreasonable to say everyone should pay income tax of 30% over 15,000? That means if you earn £25,000, you pay £3,000 tax with £21,000 remaining. If you earn £50,000, you pay £11,500 tax with £38,500 remaining. If you earn £100,000, you pay £25,500 tax with £74,500 remaining. So everyone pays an easily understandable amount of tax and is able to use the fruits of their labour appropriately. I also wonder why the tax threshold isn't ABOVE the minimum wage level? That way, you encourage people at the lower end of the pay scale to aim higher without fear of losing out too much through tax. Just spitballing.
Gav Posted April 13, 2016 Posted April 13, 2016 If everyone paid all the tax on all the money they earn that would be even better
Ste B Posted April 13, 2016 Posted April 13, 2016 If everyone paid all the tax on all the money they earn that would be even better What about the money from ISA's ?
Biddy Posted April 13, 2016 Posted April 13, 2016 If everyone paid all the tax on all the money they earn that would be even better Do you pay into a pension plan or an ISA?
perthblue02 Posted April 13, 2016 Posted April 13, 2016 Isn't Corbyn's tax return now being investigated as he didn't declare any of his pensions? Or did I mis-read that? According to this he might be due a refund https://www.politicshome.com/news/uk/political-parties/labour-party/news/73724/jeremy-corbyn-overstated-income-his-tax-return
Biddy Posted April 13, 2016 Posted April 13, 2016 According to this he might be due a refund https://www.politicshome.com/news/uk/political-parties/labour-party/news/73724/jeremy-corbyn-overstated-income-his-tax-return I think that shows he should hire an accountant! That article still didn't take into account his missing pension figures which runs into thousands, it only highlighted a few hundred quid of lectures.
Gav Posted April 13, 2016 Posted April 13, 2016 What about the money from ISA's ? Are ISA's morally questionable?
Biddy Posted April 13, 2016 Posted April 13, 2016 Are ISA's morally questionable? That's not what your last statement said though. You said everyone should pay all the tax on all the money they earn. ISA's by-pass this. You can't have it both ways.
yoda Posted April 13, 2016 Posted April 13, 2016 Got to agree with this to be honest. He ended the relationship as soon as he knew..... What about Corbyn and Abbot ? now that was questionable. The country would be a much better place to live Because he would take us out of the EU ?
Gav Posted April 13, 2016 Posted April 13, 2016 That's not what your last statement said though. You said everyone should pay all the tax on all the money they earn. ISA's by-pass this. You can't have it both ways. You can cherry pick and ignore the comments where I've mentioned morality all you want Biddy, but the bottom line is tax avoidance in Panama is morally wrong, as it is in the Cayman Islands, but in the UK ISA's are not morally wrong as well you know. Because he would take us out of the EU ? I never mentioned the EU, tax avoidance is enough for me at the moment Yoda, don't get me going on the EU debate please
Biddy Posted April 13, 2016 Posted April 13, 2016 You can cherry pick and ignore the comments where I've mentioned morality all you want Biddy, but the bottom line is tax avoidance in Panama is morally wrong, as it is in the Cayman Islands, but in the UK ISA's are not morally wrong as well you know. I cherry picked nothing. Both Ste and I asked you a question based solely on your single line post about everyone paying all tax on everything they earn. I agree with your sentiments over panama but that was not part of this question about ISA's.
yoda Posted April 13, 2016 Posted April 13, 2016 You can cherry pick and ignore the comments where I've mentioned morality all you want Biddy, but the bottom line is tax avoidance in Panama is morally wrong, as it is in the Cayman Islands, but in the UK ISA's are not morally wrong as well you know. I never mentioned the EU, tax avoidance is enough for me at the moment Yoda, don't get me going on the EU debate please Why ? Is it not important ?
perthblue02 Posted April 13, 2016 Posted April 13, 2016 British overseas territories get cracked down on over company ownership (well by cracked down on, mean tickled with a feather) http://www.theguardian.com/business/2016/apr/12/overseas-territories-spared-from-uk-law-on-company-registers
Gav Posted April 13, 2016 Posted April 13, 2016 I cherry picked nothing. Both Ste and I asked you a question based solely on your single line post about everyone paying all tax on everything they earn. I agree with your sentiments over panama but that was not part of this question about ISA's. Are ISA's morally wrong?
Biddy Posted April 13, 2016 Posted April 13, 2016 Are ISA's morally wrong? depends on if you think everyone should pay ALL tax on EVERYTHING they earn as you suggest. If that is the case then I suggest you should find them morally wrong.
yoda Posted April 13, 2016 Posted April 13, 2016 depends on if you think everyone should pay ALL tax on EVERYTHING they earn as you suggest. That would mean no tax threshold
Biddy Posted April 13, 2016 Posted April 13, 2016 Its a simple question chaps? So why haven't you answered it? I don't find them morally wrong. Do you? Taking your assertion that we should pay tax on all earnings? (If we are still just talking about ISA's, I'm no longer sure what train of thought you are on as you chucked Panama back in there at one point)
Gav Posted April 13, 2016 Posted April 13, 2016 So why haven't you answered it? I don't find them morally wrong. Do you? Taking your assertion that we should pay tax on all earnings? I wasn't asked, but now you ask, NO they're not morally wrong, but Panama off shore tax dodging is morally wrong because David Cameron said so and I agree with him, do you agree with him Biddy?
Recommended Posts
Archived
This topic is now archived and is closed to further replies.