To be confused by 'high earners' complaining about taxes?

[tutuland]

So high earners pay lots of tax. The top 20% pay for 70% or whatever the numbers are.

But (beyond printing more money) isn't the money there high income people make just coming from the paying public? No matter who you work for, your company's profit is just an accumulation of normal people paying for things.

So ultimately, isn't it all our money anyway? Just beacuse the game is rigged and you get paid 400K for management whatever, it doesn't mean you're more deserving of that money than anyone.

Redistribution inherently hurts work incentives.

I want to “tax the rich”?

What??

Maybe read my posts on this thread before making a fool of yourself.

I googled Hong Kong but it doesn’t
seem completely flat?

https://www.expat.hsbc.com/expat-explorer/expat-guides/hong-kong/tax-in-hong-kong/#:~:text=Profits%20tax:%20Under%20the%20two,produces%20the%20lower%20tax%20liability.

I love the idea of a flat tax for simplicity as long as it works.

Well it’s 15 & 16% so effectively flat

Low rate, broad base flat tax is ideal.

In Scotland a high earner is anyone on £43,662. Minimum wage soon be £12.71 = £26,436 (40 hours). Average wage is £36,500.

Anything over £43,662 is taxed at 42%! No one would think two working minimum wage parents were high earners, and rightly so but the couple takes home £3,764 net. Equivalent single parent earning same total household income is £463 per month or £5,556 pa worse off. Around £100k over 18 years.

Not to mention both these households might be trapped as renters as they don’t have good fortune of having an inheritance to fall back on for example. That means their taxes can be paid to those who own home outright due to Mrs so tested benefit rules. For savings cap is £16k, for assets/capital/equity in main home it is unlimited. Hardly fair that hard work for either takes from them to give to those much better off in the round.

Tax allowances need raised, fiscal drag ended as I for one am fed up struggling, being taxed ever more whilst earners and workers bear the brunt. Time to start taxing those sitting on wealth too.

Time to start taxing those sitting on wealth too.

That money was already taxed when it was earned, either as wages or investment income. Government should only get one bite at the apple.

Most countries that have imposed them repealed them as unworkable or counterproductive for the small amount of tax they raise.

taxfoundation.org/research/all/eu/wealth-tax-impact/

Only country that successfully did a wealth tax was Switzerland because it kept all other taxes extremely low. The highest is 1.1% at the highest level. Cantons compete and the effective rate is between 0.2% and 0.5%

It is purely ideological, it’s the equivalent of a toddler smashing another kid’s toy because they wanted to play with it. Now they are equal you see? I don’t think there is a clearer example than the children’s education tax. Terrible self defeating attitude, it doesn’t surprise me that people’s who think this way generally end up at the bottom of society (unless you happen to be one of the animals who is more equal than the others).

Ok, let me know how you get on.

I have to agree with this wholeheartedly.

It is rather enlightening, and disturbing, seeing how the higher rate tax payers view people at the bottom. It is with contempt.
The people in the "low status" job etc are just trying to get by as best they can. We are also struggling to get healthcare in a timely fashion, the same pot holes wreck our cars too, and we feel the effects of rising costs of food and energy more than you do.

I do not view anyone in a supposed low status job with contempt. My grammar school educated, graduate DD did a 'low status' job, literally getting her hands dirty just to pay the bills. As so she damn well should.

I reserve my contempt for those who aren't prepared to do the same because they think they're too good to do such jobs.

So, your beef is with people on job seekers who are picky about the jobs they apply for? Because that is not all people on benefits. I would hazard a guess that they are a very small proportion, because the UC you get when having to look for work is a pittance and no one can survive on it long term.

Yep, because you should do any work, any job at all, anything that pays the bills until such time as you can hopefully trade up.

That is if you can get the job to start with. There are currently 2.5 job seekers to every vacancy right now. There are not enough jobs to go round, and there will always be millions out of work. That is not because they are picky. It is because there are no jobs.

Then why not offer them a job doing it?

It’s not something we have a budget for. But it’s something that would enhance the life of the whole community, as well as giving the job seeker a sense of purpose in life and a reason to get up in the morning.

Benefit claimants can do that job. If there is a vacancy and they apply and succeed in getting it. Then they have the benefit of full time work with a proper wage, annual leave, sick pay and pension.
Again, if you are saying that these jobs should be done by people on benefits to "earn" their UC (which is not a lot), then what happens to the people who were previously properly employed to do those roles?

Job seekers is plenty of money for those young people at home living with their parents. It’s one amount of money but covers a wide range of financial situations. For someone made redundant from a £50k a year job trying to support a family it’s a pittance. For others it’s too much.

Not if the parents are struggling for money.
Not all young people live with their parents. Not all job seekers are young (I don't know the stats on ages of people seeking work, but it would be interesting to see a break down).
It is about £100pw, less if you are under 25.

Our local care agency apparantly cannot recruit carers. Advertising everywhere but no luck.

Ask yourself why that is.
Care work is easy to get, but not easy to do.

Many, many jobs aren't 'easy' FFS but you persevere.

Would you want a vulnerable relative being cared for by someone who did not want to be there and was not up to the job?
Because that is all that is wrong with people's perception of care work. It is not unskilled, it is not easy, and not everyone can do it. The clients deserve better, and carers deserve better pay, conditions and recognition instead of their role being some gutter option for people who have no other choice.
Why is that? Is it because caring is seen as a woman's job, and women's job are worthless.

https://www.mumsnet.com/talk/_chat/5489554-why-do-some-people-think-working-in-a-care-home-is-easy-and-something-anyone-out-of-work-canshould-do