Hi all just wondering if my thoughts on the UK and it’s finances at the moment is silly and damaging or if there might be good some points (the film I was watching wasn’t very interesting)
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I think the minimum wages needs abolishing.. I can’t believe we have a minimum wage and that employers/businesses actually chose to pay the minimum. The wages should be an increasing system that stops when you hit retirement.
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I think the wages should be based on a system off age maybe.. so ages 20-30 you are paid between £25.00 an hour, 30-40 you are paid £35.00 an hour, 40-50 you are paid £45.00 an hour and so on. (I think you’d have to work out an extra wage/benefit from businesses if workers were in specialised roles but i’m not sure what that would be)
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I think tax should be set at a percentage regardless of income so 20% for individuals and 40% businesses or 25% for individuals and 50% for businesses.
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I think tax should then stop when the person hits 50 as then the person can use that time to save for their retirement so the income tax isn’t funding state pensions.
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I also think councils should be in charge of their own funding. The government oversee each local authority however the local authority keeps their taxes from people on their area and it goes on funding schools, hospitals etc. in their area.
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This one might be unpopular but I think the NHS needs people to be paying for their GP appointments and dentist appointments and when they need hospital care or a diagnosis/intervention such as surgery etc. that there is no charge.
I wonder if these would be wildly unpopular and silly but I was just enjoying sitting & thinking what could be done differently..