Whitewavemark2
Two things - can anyone give me a rational explanation as to why someone working and earning pays tax, but someone gifted a whole load of money having not got out of bed for it, doesn’t pay a brass farthing?
Also I don’t understand the rationale, that, given the premise that growth is badly needed and knowing that those with wealth do not spend, but squirrel it away. And yet to pay for the tax cut, the Tories propose to cut welfare - people who do spend any extra income on life’s necessities, like fuel, food, children’s clothing etc thus helping to grow the economy?
The gifted money will have already been taxed so is in effect being taxed twice. Also we all want to be able to give our heirs, in most cases our children, their inheritance. This is a basic human desire.
The wealthy also have to pay for life’s necessities. They also need to pay for the items you have listed. They also pay a lot of taxes. kemi’s idea for welfare to be paid by card to be spent on food and utilities, is a really good idea. After all it is taxpayer’s money.
Can I just give a gentle reminder to you that this is a gentle thread.