To not be happy about paying this much tax

[Lovingthehamsterwheel]

Name changed to enable objectivity.
I just saw this new tax calculator that shows you how much tax you are paying in total, including all hidden taxes, council tax etc

For a Person on 75k a year, 44 percent of earnings go on tax.

10k of that is spent on welfare.

Am i being unreasonable to think this is absolutely a terrible time to be alive in terms of taxes in the UK. And it is no wonder higher earners are leaving the country.

tax.corgi.global/

Sure, the £6.4 billion in benefit overpayments is the reason, not the imbalance in the UK between earned and unearned income. (Not forgetting £18 billion in benefits is left unclaimed)

You could scrap NI, incorporate the equivalent rates into a unified Income Tax schedule, alongside equalising the taxation levels on all forms of income, and add an additional annual tax revenue of £30 billion.

If the OP's income was around £60,000 a year, but not from employment, the tax paid would be almost half what someone earning £35,000 from employment pays.

What is it you would like to see coming back?

Tax is government revenue. Our money is what we have after tax.

That argument works even better for education yet the fuckers still added 20% VAT to private education.

Are you shilling for the Taxpayers’ Alliance, OP?

No I didnt break it down as I couldnt paste it all. I actually agree with you and I am not right wing. I sit firmly on the fence politically, I think they're all self serving and ridiculous.
But I stand by my argument that I pay too much tax.

I didnt know about this... I have just looked them up, I am not the only one then that hates overpaying tax😂

I paid over £550k tax in last year in IHT and CGT

And income tax on top of that.

Don’t resent a penny.
There was some pain doing the actual transfer to HMRC
But taxes improve our surroundings, lives, education, health and environment.
Why would anyone resent that?

Societies should be judged on how they their treat their oldest and poorest members

I agree. I worked from age 17, never begrudged paying tax or N.I, never complained about where my tax was going, it's for the benefit of all, that's how society works. I don't have kids but never complained about my taxes funding schools, childcare, etc. This country's in a mess because the selfishness of the Tory mindset means people are out for themselves and don't want to contribute to a fair society.

The amount does not bother me, if that is what needed to keep the country going, that is fine. Strangely (according to my dh) I don't mind if it goes towards 'career unemployed' if they are UK natives or Commonwealth natives. What I do majorly mind is spending half a tax penny on foreigners - who have no business leeching off the UK - mainly the new EU members - Bulgaria, the Baltics, Romania, Poland, etc. They genuinely have no business dipping into the UK tax pool. When I say I mind - I only mind financially. If their children went to private schools and they only used private health and if they had no access to social housing, I would not mind. Otherwise it is what it is, to keep the country running.

Whilst I agree that it is annoying, if you have a go at living in country that many don't pay tax in or a very corrupt country, the difference is stark. I'd rather pay the tax and live in a functioning country (yes, I realise that it isn't perfect, but most things work).

I agree that the calculator is inaccurate because it includes taxes that don't apply at all or that apply only infrequently.

However OP have you tried putting in lower incomes? They pay a higher proportion of tax than you do from your £75k. The big killer for them is council tax. Someone on minimum wage easily pays 15% of their post income tax sum out in council tax, in most parts of the country.

you obviously can't read... mentions in the OP what calculator they are referring too. Not just Income tax

What I mean by that is you don’t have any benefits and pay a lot of tax. You contribute to a pot that you don’t use. It should be a give and take. Whilst I’m happy to pay tax and contribute it’s frustrating to pay a very high amount of tax and when there are any problems - generally the first measure is to increase tax even more! I understand that some people are dependent on government money - and that can’t be helped but what people sometimes overlook is that government money comes from the taxpayer. If you pay tax but then use the NHS, or claim child benefit or something along those lines- it’s a bit of a give a take. But those that put minimal burden on the government should be able to offset some of it.

When exactly has tax on PAYE and NI been lower?

Your pay may have increased causing your misconception

That model is completely flawed. It assumes your council tax goes up in parallel with your income. It does not consider pension contributions, which many of us heavily use to reduce taxes. It puts stamp duty in without consideration of its relationship to house value. It includes gambling, tobacco and alcohol as well as fuel and VED, which no everyone will be paying.

I am a high earner. I expect to pay high taxes and for a large amount of that to go towards supporting those who are less fortunate than myself.

I put in my £32000 salary (I live alone) and got 48.5% tax so maybe that will make the £75k earners feel better...at least less of your money goes to tax

My favourite is Petrol / Diesel.
Using taxed income, to buy a product with has a tax applied, and then paying VAT on that tax.

As my dad always told me, few things in life are certain - but death and taxes are.

@AlastheDaffodils I agree that the recent NICs rise will likely be met partially through lower pay rises, so will hit employees.

But I don’t think that if NICs were scrapped entirely then employers would add that amount to employees’ salaries, just like when VAT was scrapped on sanitary products the price did not go down.

We need a serious discussion between politicians and the public about how much the things that they want (a functioning NHS, for example) cost and how we raise the taxes to pay for them. We could abolish VAT, but how would we replace the revenue? Same with fuel duty, alcohol duty etc.

People complain that the UK state pension is too small, but don’t want to pay the sort of taxes that would enable a higher level.

Too many people think that the answer to how we pay for things is “by taxing someone else”, and too many politicians are too scared to have honest conversations about the options.

I had a play around with that calculator. A really low earner will pay a higher rate of tax. As indirect taxes disproportionately affect the poor.

Over 60% it then dips down to OPs wages and then up again for higher earners. So at 100k it’s at58% Maybe OP should be happy to be paying less tax proportionally than both higher and lower earning compatriots.

Would it be better to be in a society with no free healthcare, no free education, no police, no justice system, children in absolute poverty doing dangerous activity to put food on their mouths? No chance of children getting our of poverty because there's no education. People with disability and illness who can't afford healthcare just left to suffer and die? No maintenance of roads, no free maintained public spaces like libraries, parks, youth centres? Even more people out of work because there's no public service jobs.
Of course we need to pay a lot of tax, there's a lot of services we need to function as a decent society. A society that protects the vulnerable.

Whether or not you use the NHS, you still benefit from its availability to others. The till staff who serve you, childcare workers who watch your children, and staff who clean your office almost certainly use the NHS, and you benefit from them being healthy enough to provide a service to you.

Also, if you get hit by a car, I assume you'd expect an NHS ambulance and not have to wait for someone to arrange a taxi for you?

Its a bullshit calculator.

I'd happily pay more tax if we had decent public services. I like the Scandinavian model.

But they are not hidden taxes though.
We pay £3700 a year in council tax. That isn't hidden
We pay fuel duty. That isn't hidden
We pay vat, not hidden
Income tax and NI not hidden
Employers NI is on my pay slip not hidden.
At the same time, i have 3 kids gone through state school, no charge at point of need
I have had 3 births on the nhs, no charge at point of need.
A hysterectomy, no charge at point of need.
Cancer treatment, no charge at point of need
As many prescriptions as needed £10 odd per month.
It's a mistake to conflate cost with value.