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Britain's Tax Con

(151 Posts)
DaisyAnneReturns Wed 13-Sept-23 20:06:05

Last week I tried to explain why I thought we needed to simplify the tax system. I couldn't put what I thought over well as it's far from my area of expertise.

However, just as always happens, someone can put the arguments so much better than I can. Harry Lambert wrote the piece below and it seems to be receiving plaudits from quite disparate sources.

www.newstatesman.com/politics/economy/2023/08/britains-great-tax-con

The New Statesman podcast have followed it up with an excellent discussion.

www.youtube.com/watch?v=FvChkJIfdkc

There is a paywall on the NS but sometimes articles are free to read. Whether or not you are able to read it, I think you will find the podcast interesting.

GrannyGravy13 Fri 15-Sept-23 18:59:35

I am neither left wing or right wing, I consider myself to be a centrist who is currently politically homeless.

Nobody will agree with any one poster on everything on N & P threads.

Oreo Fri 15-Sept-23 18:57:46

😬
Wow you really are bothered.
Just by posters who read your unclear message and said so.
And have every right to say so I may add.
Let it go.

varian Fri 15-Sept-23 18:48:39

Oreo

Ok so your feathers are ruffled Varian just move on hey?

What rubbish!

Just try not to assume that "most people" agree with you.

Unless you have evidence that they do - it is likely that they don't

Oreo Fri 15-Sept-23 18:44:39

Ok so your feathers are ruffled Varian just move on hey?

varian Fri 15-Sept-23 18:43:04

There may even be some people who claim to be left wing who assume that their opinion is shared by "most people"

Perhaps because they too are surrounded by people who agree. How often do we hear from the extremes of left or right that they speak for "most people"?

Have you ever seen "surveys" by the Daily Express which claim that "most people£ who responded to the survey agree with whatever opinion the Daily Express is trying to promote? When you read the small print you find that the survey did not sample the general population, it sampled readers of the Daily Express.

Oreo Fri 15-Sept-23 18:36:32

varian

Oreo

Dinahmo

Germanshepherdsmum

It seems she thought that if you earn above £50,284 you pay 2% NIC on your total income.

Strnge. Varian's post was quite clear to me.

No it wasn’t clear at all, it simply read that those earning over
£50,284 were only paying 2%.
That’s how it reads to most people.

It is a common assumption made by rightwingers that they speak for "most people" with no evidence whatsoever of that being true!

Since I’m a left winger that makes a nonsense of your claim.
Your comment about taxation wasn’t clear at all, take the shame girl😂

Germanshepherdsmum Fri 15-Sept-23 17:58:32

😊

varian Fri 15-Sept-23 17:50:23

Thank you

Germanshepherdsmum Fri 15-Sept-23 16:21:05

Thank you for clarifying varian. My apologies for misunderstanding your post.

Germanshepherdsmum Fri 15-Sept-23 16:19:51

Just so that nobody else is blamed, I reported your disgraceful attacks on me DAR. I will not sit by and tolerate such appalling rudeness, nor will I give your posts the dignity of a response.

Callistemon21 Fri 15-Sept-23 15:33:07

Message deleted by Gransnet. Quotes a deleted post.

Callistemon21 Fri 15-Sept-23 15:31:11

GrannyGravy13

DaisyAnneReturns I hope you are not including me in your rather rude rant directed at who you perceive to be right wing posters (which you are appearing to use as an insult)

My post just clarified Varian’s NI information.

I understood what varian meant but not everyone might have done. I am not questioning varian's capability as a writer at all, just that it needed some clarification, so don't try to make out that I was, DAR.

People of all political persuasions or not may have misunderstood.

GrannyGravy13 Fri 15-Sept-23 15:11:04

DaisyAnneReturns I hope you are not including me in your rather rude rant directed at who you perceive to be right wing posters (which you are appearing to use as an insult)

My post just clarified Varian’s NI information.

DaisyAnneReturns Fri 15-Sept-23 14:36:21

Message deleted by Gransnet. Here's a link to our Talk guidelines.

Callistemon21 Fri 15-Sept-23 10:51:39

Oh goodness, there was no need for that DNR 😲

varian knew what she meant, but it wasn't clearly written and could have been made plainer for anyone who might not have known.
Pointing out that fact does not signify any political allegiance.

DaisyAnneReturns Fri 15-Sept-23 10:44:29

Message deleted by Gransnet. Here's a link to our Talk guidelines.

Katie59 Fri 15-Sept-23 10:26:29

Katie59

MaizieD

For decades in the UK the spending has NOT resulted in even an equal return so our national debt has increased AND the value of sterling has fallen. In the last 20 yrs the National debt has risen from 50% to over 100% of GDP spending has clearly not been rewarded by taxation

Are you talking about the National Debt, or the Deficit, Katie59?. They are not the same thing.

As I was comparing the yearly figures I should have used Deficit

I fell for the red herring

The National debt was 50%of GDP 20yrs ago, over 100% now
There was no annual deficit then there was a small surplus.

Katie59 Fri 15-Sept-23 10:06:50

MaizieD

^For decades in the UK the spending has NOT resulted in even an equal return so our national debt has increased AND the value of sterling has fallen. In the last 20 yrs the National debt has risen from 50% to over 100% of GDP spending has clearly not been rewarded by taxation^

Are you talking about the National Debt, or the Deficit, Katie59?. They are not the same thing.

As I was comparing the yearly figures I should have used Deficit

Katie59 Fri 15-Sept-23 10:01:32

Just like those earning over £52k pay tax at 40% they don’t, they pay tax at 20% up to 52k, then 40 or 45% loosing their personal allowance at higher levels as well.

MaizieD Fri 15-Sept-23 09:58:52

For decades in the UK the spending has NOT resulted in even an equal return so our national debt has increased AND the value of sterling has fallen. In the last 20 yrs the National debt has risen from 50% to over 100% of GDP spending has clearly not been rewarded by taxation

Are you talking about the National Debt, or the Deficit, Katie59?. They are not the same thing.

varian Fri 15-Sept-23 09:43:44

Oreo

Dinahmo

Germanshepherdsmum

It seems she thought that if you earn above £50,284 you pay 2% NIC on your total income.

Strnge. Varian's post was quite clear to me.

No it wasn’t clear at all, it simply read that those earning over
£50,284 were only paying 2%.
That’s how it reads to most people.

It is a common assumption made by rightwingers that they speak for "most people" with no evidence whatsoever of that being true!

Katie59 Fri 15-Sept-23 09:28:14

“Taxation doesn't fund spending; taxation follows spending. This is proven by research.”

In theory yes, it holds true if the spending is for growth, it’s simple logic, invest to provide more income for the future, all businesses do it providing jobs and pay taxes along the way.

Where it falls down is when spending is for social maintenence or improvement, health, education, benefits, environment, etc because the only payback is taxation of income of workers, in the UK there is no product to tax.

For decades in the UK the spending has NOT resulted in even an equal return so our national debt has increased AND the value of sterling has fallen. In the last 20 yrs the National debt has risen from 50% to over 100% of GDP spending has clearly not been rewarded by taxation

varian Fri 15-Sept-23 09:28:06

Germanshepherdsmum

Will we get an acknowledgment from varian of her error? If only I had paid so little NIC! People read something, totally misunderstand it and rant to others, who then believe them and spread the misinformation.

I asked whether a higher, not lower, charge should be paid o EXCESS earnings.*GSM*. Note the word excess. Of course I am aware that the 12% charge is applied up to the limit but why should it not at least continue at the same rate?

Germanshepherdsmum Fri 15-Sept-23 09:14:54

So Oreo and I are the entitled right because we interpret a post in a particular way? How unpleasant. The word ‘above’ was not emphasised as you have done. Your emphasis twists the original post to read the way you wish it to read. ‘Only’ was written in capitals. It remains very clear to me that the poster believed that at a certain level of earnings your entire NIC contribution was assessed at 2%.
You never miss an opportunity do you?

DaisyAnneReturns Fri 15-Sept-23 09:05:38

if of