Re: The 50p tax rate : Thu Mar 08, 2012 5:47 pm  

Rock God X wrote:

Yeah, but you get the last laugh by posting on RLFans all day when you should be working.

That got rid of him! Must have a conscience.

Re: The 50p tax rate : Thu Mar 08, 2012 7:34 pm  

I would keep the top rate 50% tax and have a 'Mansion tax'. After all we are all in this together?

Re: The 50p tax rate : Thu Mar 08, 2012 7:49 pm  

Good suggestion about the mansion tax in a letter in tonight's 'paper - base it on % of value last time the property changed hands. That way people who have lived in their house for years and don't necessarily have much income don't get caught, but the current rich do. A simple solution to one major objection.

Re: The 50p tax rate : Thu Mar 08, 2012 9:45 pm  

Matt01 wrote:

I would keep the top rate 50% tax and have a 'Mansion tax'. After all we are all in this together?

I'm all in favour of abolishing the 50p tax rate and replacing it with a 60p rate

Re: The 50p tax rate : Thu Mar 08, 2012 10:10 pm  

cod'ead wrote:

I'm all in favour of abolishing the 50p tax rate and replacing it with a 60p rate

Be fair. There are a few more terminally ill or seriously disabled to exploit before the government can consider that.

Re: The 50p tax rate : Fri Mar 09, 2012 9:51 am  

Interesting to see on QT last night that both Will Young and Will Self had no problem with paying a 50p top rate of tax, as they said: they'd already earned £150k before the 50p rate kicked in.

Then on This Week, we were treated to that well-known political sage Peter Stringfellow, whingeing & moaning about "HIS" conservative party not having the balls to abolish the 50p tax rate, despite the "fact" that it was obviously stifling enterprise, investment and entrepreneurship.

Re: The 50p tax rate : Fri Mar 09, 2012 9:56 am  

A few facts:

7,800,000 - the number of people in the UK who earn less than £15,000 a year.

£15,000 - the average amount of tax breaks claimed by those earning £150,000 or more.

31% - the proportion of the working population who earn less in a year than the richest 1% annually claim in tax breaks.

From: @TUCnews

Re: The 50p tax rate : Fri Mar 09, 2012 12:04 pm  

Mintball wrote:

A few facts:

7,800,000 - the number of people in the UK who earn less than £15,000 a year.

£15,000 - the average amount of tax breaks claimed by those earning £150,000 or more.

31% - the proportion of the working population who earn less in a year than the richest 1% annually claim in tax breaks.

From: @TUCnews

As you are into facts, what exactly are the "tax breaks" of which you speak?

Re: The 50p tax rate : Fri Mar 09, 2012 1:26 pm  

Read the report yourself. (34 pages, but no pictures)

Read the report yourself. (34 pages, but no pictures)

Re: The 50p tax rate : Sun Mar 11, 2012 12:37 am  

Dally wrote:

Good suggestion about the mansion tax in a letter in tonight's 'paper - base it on % of value last time the property changed hands. That way people who have lived in their house for years and don't necessarily have much income don't get caught, but the current rich do. A simple solution to one major objection.

I like that idea, except that people who bought at the top of the market will get stung.