I don’t want to pay more taxes. Over 6 figures and 70% marginals we pay and it goes to fund over half of the adult population being state dependent. How much do you actually want?
We need a government who is honest. We don’t have enough people contributing financially: we borrow to fund the state. What is coming in already isn’t enough despite taxes at record levels.
Who is paying for all this and how? Ohhhh but Michelle Mone and boats isn’t enough. We penalise the highest tax contributors (on PAYE) to an extortionate amount. Those are the ones now changing their behaviour and that’s a big issue.
It’s not a case of dropping a piano lesson. Someone hitting 100k will lose personal allowance as well as 40-45% tax, national insurance and child care support. Good you say. Yeah - issue is that’s 70% to 100%+ marginals. No one is going to work for 101k to lose 10k+ compared to 99,999k. It’s also a huge reason why we have a shortage of doctors and dentists…