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People earning over £60000 should have a 0.8 to the pound tax rate? Watch

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    People need to be looked after in our society and those at the top need to do their bit.

    Anyone who disputes is q selfish *********.

    It is as simple as that.
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    (Original post by ngb9320)
    People need to be looked after in our society and those at the top need to do their bit.

    Anyone who disputes is q selfish *********.

    It is as simple as that.
    People who deserve to be looked after, some are just lazy. I voted labour but think they were to left wing even for me as a black-brit. Id like to mix UKIP, Labour and Conservatives policies and create the ultimate party

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    (Original post by ngb9320)
    People need to be looked after in our society and those at the top need to do their bit.

    Anyone who disputes is q selfish *********.

    It is as simple as that.
    You'd let them keep 20p in every pound? They don't need it, they already have enough. It should be at least 90%.
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    80% income tax, and take the rest as national insurance :rolleyes:
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    True 95% sounds more reasonable. No one needs more than 60k.

    Please form a political party right away, you have my vote sir.
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    Most people under 40 can't even afford a three bedroom house on that salary in London & the South. Hardly wealthy.

    Wealth Tax is more effective.

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    The top 1% of the population contribute 27% of the total tax revenue. They already are 'doing their bit'. People should be encouraged to work and should get help to do so. Benefits should supplement an income, not replace one altogether. Taking from the rich and giving to the poor would not do a thing if the money isn't being invested in helping improve their education, job prospects etc. If you set the tax rate to 80%, there would be no incentive for people to work hard and earn more. What would be the point of wanting to earn more money if the government just took it all away? You'd also have a situation where the richest in society flock to other countries with lower taxes. This happened in France: they set the top rate of tax (for over 1m euros) to 75%, and last year they lost 14bn euros in tax revenue. Why? Because people were leaving the country.
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    Sounds like something the Greens would suggest. "You have more money than me you you should have it all taken away!"
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    (Original post by ngb9320)
    People need to be looked after in our society and those at the top need to do their bit.

    Anyone who disputes is q selfish *********.

    It is as simple as that.
    So I, as a future law student, become a barrister after working extremely hard for 3 years at Cambridge, get a starter salary of say 70,000 pounds and then only get to keep £14,000 of it? What sounds fair to me is I keep what I earn, you keep what you earn. Plain and simple.
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    Hey if you earn over £60k you may aswell just give 100% tax, you moron.
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    Makes much more sense to increase inheritance tax than punish people that, largely, are in a better financial position through hard work and intelligence.
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    This should hopefully explain why you're wrong.

    http://www.ijreview.com/2014/05/1380...lained-beer-2/

    Edit: And what's with all this scorn for people earning above average? Yes, there's a few people at the top earning huge amounts of money, and a few who've just inherited millions, but the vast majority of people earning enough to pay the top rate of tax have worked hard all their lives to get to where they are.

    We should reward ambition. Not demonise it.
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    Balance is key. In my opinion- there's a line between claiming it is selfish to not contribute to society and then proposing something ludicrous. As mentioned above there would be no incentive to work hard and earn more if you are taxed 80%.
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    (Original post by cleverasvoltaire)
    So I, as a future law student, become a barrister after working extremely hard for 3 years at Cambridge, get a starter salary of say 70,000 pounds and then only get to keep £14,000 of it? What sounds fair to me is I keep what I earn, you keep what you earn. Plain and simple.
    That's not how the taxation system works.

    For example, if you are in the 40% tax band, you only pay 40% tax on the segment of earnings in that income tax band. You don't pay 40% of your whole income, that would be absurd.
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    (Original post by josh_v)
    You'd let them keep 20p in every pound? They don't needstealiny already have enough. It should be at least 90%.
    I agree it is still not enough. But to stop them crying as much with 'you pure stealing my money man' it should start of at 0.8 and rise if necessary.
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    (Original post by cleverasvoltaire)
    So I, as a future law student, become a barrister after working extremely hard for 3 years at Cambridge, get a starter salary of say 70,000 pounds and then only get to keep £14,000 of it? What sounds fair to me is I keep what I earn, you keep what you earn. Plain and simple.
    You would still get £62000 though that would be including the tax taking of under £60000.
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    (Original post by Bill_Gates)
    True 95% sounds more reasonable. No one needs more than 60k.

    Please form a political party right away, you have my vote sir.
    I am planning on starting my party one day.

    You could be talking to the futrue pm here.
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    (Original post by JordanL_)
    Sounds like something the Greens would suggest. "You have more money than me you you should have it all taken away!"
    More like being near the top of a mountain and seeing one of your fellow human beings crawling and starving todeath. And instead of using your position to laugh at them and continue on walking- you stilop and use your eequipment to help them.

    The how can I help others not myself (when I am great anyway) attitude.
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    (Original post by James E Walker)
    Hey if you earn over £60k you may aswell just give 100% tax, you moron.
    You still have the potential to earn a few thousand.
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    (Original post by ngb9320)
    More like being near the top of a mountain and seeing one of your fellow human beings crawling and starving todeath. And instead of using your position to laugh at them and continue on walking- you stilop and use your eequipment to help them.

    The how can I help others not myself (when I am great anyway) attitude.
    Except people earning more money already contribute significantly more money.

    I support socialism, but it seems to me that many of the people insisting that people with more money than them pay more in taxes wouldn't be willing to pay more in tax themselves. You want society to fund everything, but you don't want to have to contribute to it yourself.

    Would you support a tax increase that would actually affect you?
 
 
 
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