I don't want to pay more fucking tax!

[marthainthemarket]

I am the sole earner in a family of four, earning just under 40k a year and getting probably fuck all or below inflation pay increase next year, if I am lucky enough to keep my job ( public sector and employer needing to make massive budget savings). I barely cope now.

I am so fucking angry that Labour fucked up the disability benefit cuts. Other countries don't have run away disability benefits crises because they have a proper assessment process that means they keep a lid on people getting disability benefits who don't really need them. But instead of dealing with that, they came up with a crap proposed cut that wouldn't have dealt with the actual issues and they couldn't defend.

And having fucked that up they are now raising everyone's tax. I hate them!

It is, of course, but was pointing out that the argument that any tax increases should be aimed at people who were paying above basic rate tax who should “cut back on holidays” and the inference that we’re all wealthy if we earn above basic rate.

Can anyone explain if VAT was before brexit paid to EU why are we still paying it? Where is VAT going ? if into to pot then post brexit govt have a lot of dosh

If you're re the sole earner of a family of four (either single with 3 kids, or partner unemployed and 2 kids) on £40k then you're almost certainly receiving more in societal benefits than you pay in tax.

If you kept the whole 40k, and had to pay for private schools, bin collections, street cleaning, healthcare, highways maintainence, private police and fire cover..... How much do you think you'd have left?

If you go to uni, and don't get a well paying career isn't that on you for the choices you've made?

Are people not supposed to be able to pass down what they've amassed to their children?

If they didn't go to university. Good. Lord Sugar didn't do to uni. Went from council estate to billionaire. Good on him. Invests in lots of businesses every year, makes good telly.

Richard Branson - I prefer Virgin to BA.

Sir James Dyson - I love the vacuums

When we retire DH and I will live off our wealth and investment income we have from property.

I'd avoid tax legally if I could. If there was a way j could reduce my tax bill legally I would.

Where on earth did you get the idea that VAT went to the EU?

Oh I completely agree with you on that!!! David Milliband was thoroughly electable - real waste of an opportunity for Labour. Ed should hang his head in shame- he’s as equally responsible as Cameron imho. His personal ambitions destroyed the Labour party’s chances and his family in one fell swoop. God, I feel sorry for his parents have to manage that debacle.

Scrapping the Triple Lock would force millions of pensioners into poverty. Pension Credit claims would soar, and the cost of that plus all the admin costs would cancel out any saving. I have long said that raising State Pension in line with the Living wage would actually be cheaper in the long run .

Do you understand what the triple lock is? How would scrapping it, immediately plunge people into poverty or increase claims for pension credit? And what would the admin costs be of scrapping the triple lock?:

And this is why I was opposed to adding VAT on school fees - I knew it would just disappear into the general fund and be lost. Just like the business rate taxes the independent schools now pay. Where is that money? Each independent school should have been assigned/twinned to a state school to which the VAT was paid directly. Big state schools should have been assigned 2+ independents.

(Remember we all paid taxes all the time under the Tories and yet that money seems to have disappeared too ... 'Austerity' meant that they cut spending but they didn't stop collecting taxes AND the rate hasn't changed: most people have been paying 20% on most of their wages for years now but somehow ... there's no money ...)

Do people not realise that the tories raised taxes every single year by freezing the tax free personal allowances. Wake up people

You are wealthy - if compare to someone who earns min wage!
I get you, people on what was considered a good income 5 years ago are now struggling. It really is unfair and it's hard out there for too many, people already made lifestyle changes. Much of it is down to cost of living though, that is making people struggle and the greed of top corporations who charge us so much and we don't charge them enough tax back in return (seems to be the UK way).
Sadly raising income tax is the easiest and fastest way to put money into the bank, and everything is broken in the UK. I can't see how Labour can do anything else that makes a significant impact to the coffers. Sure, can tinker around the edges with benefit fraud, but the money as I understand it is needed now. Tories raised taxes too in their last term.

I did some internet searching. Okay this is the Sunday times, so I will admit to have my sources challenge but it tells me most UK billionaires (75% are self made)

If you see Lord Sugar do you think he could give away all his wealth in tax? He worked very very hard.

Don't know if seen it https://www.bestforbritain.org/scandalous_spending_tracker
Is a good indication as to where the tories wasted our money.. !

This is a really really interesting read showing how the money is there, it’s just going to the wrong people in disastrous models. www.linkedin.com/pulse/im-holiday-i-had-andrew-bird-avdke?utm_source=share&utm_medium=member_ios&utm_campaign=share_via

I read a few years back that Deb Meaden (Dragons den lady) say that after the tories, she paid less tax than before. She thought it was wrong. She is I think a believer that the very wealthy should pay more. I think there are some decent ones out there but no 'not all their wealth' to the tax man, nobody is that decent!

VAT never went to the EU, it always went to our Government.

Perhaps Reeves will consider equalising capital gains tax with income tax.

They need to just whack 2 or 3p on the basic rate of tax. It's 20 quid a month (give or take)for someone on minimum wage, and 100 a month (give or take) for someone on triple that. Much better than this ludicrous tinkering and taxes which disproportionately effect some groups massively. They have a massive majority, they need to grow some balls

Age old thing! keep raising tax and throw money at the problem. The real problem is the large majority of people from local councils to government merrily squandering it without a care in the world. Too many people in power from privileged backgrounds who say they understand the value of money but very obviously they don’t. There’s been plenty of money in the system but the tax payers have been robbed blind for decades. Doesn’t matter who is in power they all have the same mentality and the problem has become a massive ticking time bomb. As a tax payer am I happy to pay a bit more for the NHS? Morally yes but in reality no, the waste that goes on within the NHS is absolutely disgusting and totally immoral Look at the recent PPE scandal for a starters.

What’s the ‘cliff edge’s @cottonwoolie ?
benefits stopping?

PPE scandal was by the tories, not the NHS, the DHSC paid. Basically corrupt tory politicians gave the money to their mates under the fast lane and paid way over.

It sucks to have to pay more but we also want a functioning NHS, Schools, Police etc so we need to just do it. It would be good if we could get what we are owed out of big corporations a the very richest in society though.

@Wetcoatsandmudagain

Absolutely

And also in civil service
And many other institutions im absolutely sure

Its the salaries that are too low, not the taxes

I genuinely don’t think that this tax rise is going to help. People on very low incomes may find it a better option to work part time and have top ups. Or perhaps not work at all, particularly where benefits bring in just as much to a family.

People like myself might drop a day, to have a better work life balance, especially when standards of living are dropping regardless.

And then there is the fact that many people will have to reign in their spending, going without certain luxuries, haircuts, the odd meals out each month and then business and the economy suffers.

Tax rises are not just unpopular, they do not generate an awful lot of money. So we will be back here next year, in this very position, in fact maybe even worse.

Would be good if she invested that money into her numerous businesses