- Wed Nov 21, 2012 9:36 am
#486434
Ehh?
Get a living wage tax free and then tax all income at a flat rate above this.
If you earn say £40k a year on Paye then with Tax and NI you pay 37% "tax"
If you earn £400k a year on PAYE you pay 37% on the first 40k, then some at 40% then some at 45%.
Scenario 1 you pay 18k in tax, scenario 2 £190,000, and you think that they should pay more than this?
High earners may be able to afford it, but why the * should they have to pay it? It's their bloody money, not yours, mine or anyone else's
That whole working hard shite is bollocks too Topher, what about qualifications, risk, talent, ability, anyone can scrub a * Toilet, but you try strategic planning in a Global market place, whilst recruiting the best new talent, motivating a team of 1000's, reading financial data, networking with customers, suppliers, funding institutions, politicians etc etc These people have been promoted to these positions, which means they have had to work hard, and produce RESULTS, they don't get those jobs without a proven track record. Setting the bar at the Lowest common denominator just DOES NOT WORK.
Get a living wage tax free and then tax all income at a flat rate above this.
If you earn say £40k a year on Paye then with Tax and NI you pay 37% "tax"
If you earn £400k a year on PAYE you pay 37% on the first 40k, then some at 40% then some at 45%.
Scenario 1 you pay 18k in tax, scenario 2 £190,000, and you think that they should pay more than this?
High earners may be able to afford it, but why the * should they have to pay it? It's their bloody money, not yours, mine or anyone else's
That whole working hard shite is bollocks too Topher, what about qualifications, risk, talent, ability, anyone can scrub a * Toilet, but you try strategic planning in a Global market place, whilst recruiting the best new talent, motivating a team of 1000's, reading financial data, networking with customers, suppliers, funding institutions, politicians etc etc These people have been promoted to these positions, which means they have had to work hard, and produce RESULTS, they don't get those jobs without a proven track record. Setting the bar at the Lowest common denominator just DOES NOT WORK.