AIBU to believe rich people should contribute much more?

[marcusian]

A bit tongue in cheek, but given that its almost impossible for poorly paid workers including care workers and nurses to strike, and that the government have given people earning over £100K a massive pay rise, what other ways could the most wealthy be made to pay?

My idea: - a new LUXURIES tax (think 50% VAT) on things ordinary people cant buy, like superyachts, airplanes, £10K+ dining tables, a box at wimbledon, £500+ handbags, £100+ football boots!

AIBU - No - they should pay more and heres my ideas how they should do it!
AIBU - Yes - leave wealthy people alone, its not their fault

Personally I'm more for the Scandi system . Much higher tax across the board, no NI, fully subsidised childcare for all ages, no council tax, better pensions, better health options..

@Topgub

I'm not going to respond to any more of your questions as your either don't listen or don't understand or both; in any event, it's a waste of my time.

Have a good day 👍

🤣🤣 here we go again... can't have a reasonable debate so end up at mockery

Exactly and the ‘best’ bit is calling someone posh for saying tripe. Only on MN.

How much tax do you think higher earners should pay on say £100k salary.
People who are wealthy is not on any thing like £100k just move to a better places when the taxes are too high.

@ExpectMore

Youve said good day about 5 x already.

I'm learning its code for dont have an answer.

Good day sir.

🤣

Yip. It's crazy. It's like being back in the playground

People on these salaries are qualified so can get jobs elsewhere and leave for a better quality of life. If you make it uncomfortable they will leave. They pay the largest share of taxes - then what will the UK do when they have left?
The top 1% are salaries around 130-160 K plus. It's not only millionaires - you will run them out of the country.

We need to take why salaries are so low in the UK and why 400K people are on job seekers allowance when there are so many jobs so much that we are giving foreigners visas for care work jobs etc.

Omg.

Absolutely dying at the accusations of mockery and attempting to the take the higher ground given I've has all sorts slung at me

🤣

@Coucous

Salaries are so low in the uk because the most wealthy want to keep the wealth for themselves

🤷‍♀️

Of course no one wants anyone to be in poverty. They just don't actually want to have to do anything about it themselves either.

@Topgub

That wasn’t at you, unless you also think tripe is posh. I could understand it if someone had said ‘sweetbreads’ but tripe? Can’t stomach that sort of nonsense.

Same as everybody who's earning less than £50k, with the reduction in basic rate tax to 19% and the reversal of the NI increase, which people seem to be conveniently forgetting.

Some of the stereotypes about the rich (specifically the user rich) are true though. Would Boris Johnson have been PM if he hadn't gone to Eton and had been born on a council estate? I worked for a large retailer whose CEO retired. He was replaced with his nephew. Was his nephew really the best person in the whole country for the job?

I have lost count of hearing stories of people who boast about running their own business and then it turns out they inherited the business.

Wealth creates wealth.

*uber rich not user

"They just don't actually want to have to do anything about it themselves either."

Apart from paying half of their salaries in tax, what MORE do you want them to do?

Because the winnings are tax free, tax is paid on the ticket when you buy it.

@Biker47

Because the winnings are tax free, tax is paid on the ticket when you buy it.

The same could be said for:
-house purchases
-share purchases
-etc

ie they're paid for with money that's already been taxed yet... any resultant gains are still taxed!

This is why there is a global shift to the right in western nations. It has gotten to the point where the basis for traditional shaming tactics have become so broad as to no longer have any real meaning. Attempting to shame people for otherwise reasonable positions is having the opposite affect.

Shock horror, people who are the lowest paid, don't see an improvement after a tax cut... because they barely pay any of that tax to begin with. That's always going to be the case, it's such a lazy argument.

If rich people stopped using tax avoidance schemes, we would all be better off. I very much include large companies in this.

Exactly.
If a restaurant chain offered 10% off the bill, a family who spends £500 is going to get £50 off their meal, whilst someone who spends £30 is only going to get £3.
Should they start complaining that Family A got a bigger discount?

And when a banker gets a bonus, 40% of it is immediately handed over to HMRC via PAYE...

Because if HMRC were to tax gambling winnings, they'd also have to allow deductions for gambling losses, which would cost them a fortune!

It's not large companies that are the problem as they generally have large internal tax teams or advisors to make sure they are paying the right amount of tax. The biggest slice of the tax gap is in the small companies / sole traders area. Either they make compliance mistakes (as the UK tax system is so horrendously complicated & they can't afford specialists to sort it out for them) or they are small enough not to worry about the reputational damage that comes with using a tax avoidance scheme.

Interesting discussion. Several PP have said they'd be happy to pay more tax - good news; you already can! None of this waiting for the government to make you do so; just follow the link and job's a good 'un 😊
advisingfamilies.org/uk/information-portal/managing-money/can-i-pay-more-tax-voluntarily/

Can agree with the increasing the threshold for 40% tax, it has stagnated for too long. But MP salaries... are you really wanting the only people who would actually want to be MP's or could afford to be MP's are the independently wealthy who just want power? I'm not even a Labour voter but you can see it had benefit for the country when they started actually paying MP's in the early 1900's. I earn close to what an MP's salary is, I wouldn't touch that job with a 20 ft barge pole for what the salary is now, let alone even less, far too much work and public intrusion for that salary.