Brexit. We’re out!

[telectrix]

When you get a moment to spare you must tell us how your life has improved because of it.

be glad to. first benefit can be seen in that we see less and less of the hated euro flag on car number plates.

 

[pirate]

Scotland is small. Easy to monitor. Should become a tax haven!
10% tax on everything, so small no-one evades it, high enough to get loads of money in!

 

[Midwest]

If you won zillions you'd have no need to pay tax if you so choose MW. Just take from your pension pot up to the tax threshold, put your zillions into an account that pays no interest and draw down however much you want. No Tax. Of course whoever inherits what's left of your fortune will have to pay inheritance tax, but if that upsets you just leave it all to me, I'll be more than happy to pay it.

No one should make an investment from my investment, doesn't make sound make advice.

 

[static zap]

high enough to get loads of money in!

That's a bit how I felt when I compared GST (Gov-Sales-Tax) in Canada
( regional variation /diff extras = more red tape )

 

[Midwest]

Of course whoever inherits what's left of your fortune will have to pay inheritance tax, but if that upsets you just leave it all to me, I'll be more than happy to pay it.

Ok thanks, I might consider placing you in my will.

 

[andyb]

Ok thanks, I might consider placing you in my will.

Only if you win the zillions MW
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When you get a moment to spare you must tell us how your life has improved because of it.

be glad to. first benefit can be seen in that we see less and less of the hated euro flag on car number plates.

And that's it? a small blue emblem on some number plates? that's all you've got?

Do you have the EU flag on your number plate Tel? because I dont.

 

[Zerax]

Of course, there's such a thing as fair, we may not agree on what is fair but that doesn't mean there can't be a fair system.

No... there isn't... the word "fair" is subjective... not objective. Similarly, we may not agree on whether a particular lady is "beautiful"... that's also subjective (have you met the wife ?)
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If everyone was to pay the same amount, how much more in tax would you be prepared to pay before you used the word 'unfair'?

Under that situation... if I paid a penny more than the others... to me, that's "unfair". You may have a different view... because it's a subjective term.
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Your little old lady still has the same bin lorry coming to her with half a dozen bin men on board, they use the same road as your family of 7. She may not be a problem for the police, but she'll soon be on the phone to them if she has intruders. ...

You need to think more on a macro scale... so imagine a whole town full of those little old ladies... you wouldn't need 18 bin lorries, but 1. You could close the police station (mind you, most already are...) You could close the housing department. You could probably remove 90% of the council... just think how much her council tax would be then !

On the other hand... imagine a town with all the large families.. you'd need 50 bin lorries, etc. etc. etc. you get the drift...

Towns are obviously never purely one or the other... but a blend of both (or rather a blend of all different sorts of scenarios).

 

[andyb]

Under that situation... if I paid a penny more than the others... to me, that's "unfair". You may have a different view... because it's a subjective term.

You miss my point, if we all paid the same amout of tax every working person in th UK would pay about £20 000 in tax.

Do you think that would be fair?

 

[Zerax]

You miss my point, if we all paid the same amout of tax every working person in th UK would pay about £20 000 in tax.

Do you think that would be fair?

Yes... I can see the argument that it would be 'fair' as we are all paying the same amount... so technically that is a 'fair' tax policy.

 

[static zap]

The balance of tax is fiddly , if those who feel over taxed leave the country .
They do their services spending in another country.
The money multiplier effect on their bigger spends is lost to another country !
Need to sort out these internet big boys(Amazon etc) "Laughing at ALL of us" with token tax paid .
Not even helping keep their workers health supported.

 

[Intoelectrics]

Ok thanks, I might consider placing you in my will.

Consider me also! I don't mind paying a bit of tax on my zillions fortune
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Me personally, i'm still sitting on the fence about whether or not I think Brexit is a good idea. Too late now but, you ever get the feeling that maybe the grass isn't greener after all?

 

[Midwest]

Consider me also! I don't mind paying a bit of tax on my zillions fortune
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Me personally, i'm still sitting on the fence about whether or not I think Brexit is a good idea. Too late now but, you ever get the feeling that maybe the grass isn't greener after all?

Too late, someone else has already made a claim.

I've fallen off the fence now, and only time will tell. The fortunate bit is, we are now in a good place to find out if we did make the right decision. Hope I'm around long enough to find out either way.

 

[andyb]

Yes... I can see the argument that it would be 'fair' as we are all paying the same amount... so technically that is a 'fair' tax policy.

There you have it, that's how Brexit happened in one post.
You've actually typed this; I assume you've read it, and still posted it.
You're happy for high earners to pay less tax at the expense of you paying a lot more, and you think it fair that someone earning £15 000 should pay £20 000 in tax.

What with this and Tel's little blue badges I'm certainly starting to see the begining of sunlit uplands.

 

[Zerax]

You're happy for high earners to pay less tax at the expense of you paying a lot more, and you think it fair that someone earning £15 000 should pay £20 000 in tax.

What I said was... that such a tax policy could be described as 'fair' as we're all paying the same amount. It would of course never work for the reason you've noted. Similarly a tax policy where we all pay a flat rate of, say 10% of our income... could also be described as 'fair' as in percentage terms we're all paying the same, although someone earning say £30k by working 60hrs a week would pay twice the tax as someone working £15k and working only 30hrs a week... and spending the rest of the time on the sofa. Is that 'fair' ??

The point I'm making is that there is NO 'fair' tax policy. There are pro's and con's with however you tax people... So your use of the word 'fair' is a complete nonsense !

 

[telectrix]

socialist policy.. "to each accordong to their needs, from each acording to their means"

translated ... "take it from those who graft, and give it to the ide layabouts"

 

[andyb]

socialist policy.. "to each accordong to their needs, from each acording to their means"

translated ... "take it from those who graft, and give it to the ide layabouts"

So you class yourself as an idle layabout Tel?
Because your whole life you've paid less than those whith more means than you.

 

[telectrix]

So you class yourself as an idle layabout Tel?
Because your whole life you've paid less than those whith more means than you.

not prcentage wise. i can assure you.

 

[Intoelectrics]

There is no way around it to make it completely "fair" across the board. I don't see how the current system can be improved. There are tax thresholds and tax credits benefits and so on... in place to try and make it "fair". The high earners will may more in monetary value but possibly less in relative personal value depending on what they earn etc... so on the face of it they could appear to be paying loads of tax, but relative to their earnings less than someone on low income. Tax evasion is rife and has been for thousands of years.. But it is getting more difficult for people to get away with it as things become more transparent due to the digital age we are in. But again this can be and I'm sure does get manipulated, especially by those that can afford to (high earners).

I did some work for a wealthy client a few years back. He was the biggest conman/crook I've ever come across. But one thing that struck me and I found a little odd considering how mean he was, was he paid no regard to parking laws. In that, he would park where ever when ever he liked. He would just pay the parking fine and considered this cost worth the convenience of parking as he feels. So my point being that, obviously the £60+ fine had no significant monetary value in his mind, just loose change. Where £60 to someone low earning could mean the difference between being fed that week or not!

 

[JK-Electrical]

??????​

 

[telectrix]

so let the buggers admit turkey, see how much they can fleece them for. any way, they can soon make up the deficit by sacking all them shiny arsed bureaurats on their 6 figure salaries and huge expense accounts.