Should the rich pay more taxation?

60% tax on £100,000 is ridiculously unfair, and I ain't a Tory.

60% above 100k, surely?

You mean make enough money so that even more of the working class can live entirely off benefits at the grotesque detriment of British society?

I know. £100,000 is way to less to be paying 60% in taxation. Way to less.

do you understand how income tax works? that was not what i meant - they would only tax 60% on earnings above 100k - all before that would be whatever rate applies to that level of earning.

for example, as it stands with the top rate at 40% if you earn 100k you will be taxed about 33k? can't remember exactly.

if you did understand, my bad.

It's because this place is filled with over-privileged rich kids who think poor people are all lazy..

We should tax the most wealthy 1% at 70%, the most wealthy 30 % at 45%, that should make up enough so the less well off can live tax free and spend their money on necessities, as well as encourage employment and get rid of the poverty trap

It's because this place is filled with over-privileged rich kids who think poor people are all lazy..

We should tax the most wealthy 1% at 70%, the most wealthy 30 % at 45%, that should make up enough so the less well off can live tax free and spend their money on necessities, as well as encourage employment and get rid of the poverty trap

what a stupid idea. If I remember correctly only 5% of the population (correct me if I'm wrong) earn over 80k, so around 1% would be earning ~130k + or so. 70% is ridiculously high - you don't seem to understand that the rich will just move and leave Britain with poor people who are demanding benefits to fund their sky/alcohol/cigarette addictions..

You really think that the money earned from taxing the rich more will be spent towards reducing taxes for the poor? I'm sorry, but that's just hilarious.

Put down the Daily Mail and look at what you're saying.. that is elitism and frankly ignorance..

As well as this I think you'll find that the most wealthy 1% own 23% of the country's wealth as a whole.. the least wealthy 50% share just 4% of the country's wealth between them.. so in short - you're wrong..



It's about what 'should' happen, not what would happen.. if we want to maintain the current level of income it should be taken from the rich in my opinion..

It's elitism yes, but it's not ignorance. Both my father and several of his colleagues have discussed moving if Labour win the next general election and get their stupid tax rise, and I'm sure that far more would if we had a stupid 70% tax system. It's just that the poor think that hte rich will always be there to pay for them - htat's ignorance.

No, you thinking poor people all hate rich people contradicts what you said about ignorance .. sounds as though your dad and his mates were stereotyping poor people..

And you did sound ignorant when you assumed everyone on the dole was an alci/druggie/etc. etc..

Say the government need a tenner, I feel they should take it from the man with 100 quid rather than the man on 20 a week..

No, you thinking poor people all hate rich people contradicts what you said about ignorance .. sounds as though your dad and his mates were stereotyping poor people..

And you did sound ignorant when you assumed everyone on the dole was an alci/druggie/etc. etc..

Say the government need a tenner, I feel they should take it from the man with 100 quid rather than the man on 20 a week..

Both should have 10% taken off them - that way you'd have £12 and both would have contributed to society. The man with £100 has earnt it, as has the man with £20 and they should both pay and equal and fair amount.

No.
You earn the money, you should be able to use it as you wish.

So its correct that footballers who earn 150 000 a WEEK shouldn't contribute more?! I don't think so.

So its correct that footballers who earn 150 000 a WEEK shouldn't contribute more?! I don't think so.

Yes.
Taxation is coercion of money by force; an infringement of liberty.

Why should they? It's supply and demand, if someone is willing to pay them stupid amounts of money what negative effect does that have on other people? None. If they want to give money to charity that's great, but they shouldn't HAVE to.