Nicola_Red wrote:I think the expectation is that people like Chris and big companies like Amazon etc make enough money that they should willingly contribute to society by paying their taxes. I'm not necessarily saying that's the right way to think, but that's the general public opinion, and someone like Chris who has a lot of haters anyway is clearly gonna bear the brunt of it.
I agree with a lot of this, and as such I don't think he'll be able to take on a high profile role for a while - let alone actively promote any product. Neil's point of Chris trying to avoid such a significant amount of tax (in proportion to his earnings) is the kicker here.
In relation to my work (an accountancy body), I'm very much of the opinion that accountants are paid very large sums of money in order to save their clients money. It's as simple as that - if you have a desire not to contribute taxes to the levels which the state dictates, a good accountant will find legal ways of minimising it that will be accepted as feasible by HMRC.
Chris clearly had a bad accountant, which is why he will have to repay up to £400,000. If only he was telling the truth when he told Charlotte Church that his mum handles his finances...
Much like Nic said, I would if I could (contribute the minimum) - and I think that would apply no matter how much I was earning. It's wonderful that some people are happy to let the government decide how much (over the normal rate) they should be paying - but inevitably, some people will disagree. If those people can afford it, they'll seek advice on doing something about it.
Travis Bickle wrote:We should all contribute to society, but if I fell into the higher rate of tax I would do what I could to pay less, purely on the principle that, percentage-wise, I shouldn't pay more than anyone else, given that I am already paying more than lower earners due to earning more.
I think Travis' proportional contribution argument is one which has significant weight - and in asking richer people to contribute a higher proportion of their earnings, like it or not they are doing more for society than the normal tax payer. Given the rhetoric and vitriol
* with which they are treated (and if you don't think that's true then stop reading), is it any wonder that they don't want to exceed the average contribution?
I certainly don't believe that in our society that you can make things as black and white as 'this person doesn't need all this money, so we should be allowed to take what we see as excess away'. If that's the case, then the logical conclusion to that way of thinking is that all excesses in life should be minimised based on our society's dictation of what 'enough' is.
*Please don't use the coverage of those on benefits as an excuse or contrast for my point. One doesn't excuse the other