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Increased taxation for the older generation?
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Milo Don
Posted: 26 October 2021 07:50:03(UTC)
#476

Joined: 18/05/2016(UTC)
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It is a great surprise that those "people with wealth" haven't published the details of their generous donations to the Government or the DMO (https://www.gov.uk/guidance/voluntary-payments-donations-to-government)
That would really get the ball rolling, I'm sure, and indicate a determination for action rather than noise.
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Keith Cobby on 26/10/2021(UTC), ANDREW FOSTER on 26/10/2021(UTC)
Keith Cobby
Posted: 26 October 2021 08:08:46(UTC)
#477

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Pointless petition, merely virtue signalling. If people want to pay more tax, just do it. What they want is for other people to pay. There are plenty of ways for the wealthy (what is wealthy?) to help people without it being misspent by government.
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Mostly Retired on 26/10/2021(UTC), Old Jock on 26/10/2021(UTC)
King Lodos
Posted: 26 October 2021 08:08:58(UTC)
#478

Joined: 05/01/2016(UTC)
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I'm walking distance from a big HS2 site .. We've been watching endless 10s of £millions go into ultra-high-quality wooden gates and fencing, temporary buildings, paying contractors, engineers, etc. to sit around drinking coffee, buying up whole villages, which now sit empty, not to mention massive destruction of ancient woodland and habitats..

Nothing makes me keen to funnel more money to the government .. The glaring, fundamental problem is a system that operates on all these discrete levels, in which the only purpose at each level is to maximise what you're allocated .. It's what people think capitalism is, but any private enterprise allocating capital the way HS2 is wouldn't last very long.
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6 users thanked King Lodos for this post.
Mostly Retired on 26/10/2021(UTC), Old Jock on 26/10/2021(UTC), Dexi on 26/10/2021(UTC), bill xxxx on 26/10/2021(UTC), guantou on 27/10/2021(UTC), huudi on 02/11/2021(UTC)
Old Jock
Posted: 26 October 2021 09:48:05(UTC)
#479

Joined: 04/06/2018(UTC)
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If "the wealthy" want to pay more tax, why don't they just stop paying into pensions and skip the tax relief, or if they work in the public sector just ask for a smaller pay rise, or claim less expenses.

For wealthy business owners, skip the tax reliefs.

Or for the property wealthy, sell and repurchase their house to pay some stamp duty. No need for an estate agent.
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King Lodos on 26/10/2021(UTC), huudi on 02/11/2021(UTC)
DIY Investing
Posted: 26 October 2021 10:49:18(UTC)
#480

Joined: 29/09/2018(UTC)
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Anyone can voluntarily pay more tax. You can literally just give extra money to HMRC.

I won’t be doing so because there is a high chance it will be wasted by some woke spendthrift on something that won’t benefit me or anyone I care about.

But anyone so inclined can simply just volunteer to pay more.
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guantou on 27/10/2021(UTC), MBA MBA on 27/10/2021(UTC), Bulldog Drummond on 23/12/2021(UTC)
Old Jock
Posted: 27 October 2021 07:30:01(UTC)
#481

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With £37bn wasted on NHS Test and Trace, why would anyone want to pay more tax, if this is the level of care and attention the funds are deployed with?

I think I'd rather have a Covid wave followed by herd immunity rather than flush £37bn down the WC.
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DIY Investing on 27/10/2021(UTC), Keith Cobby on 27/10/2021(UTC), King Lodos on 27/10/2021(UTC), huudi on 02/11/2021(UTC)
Keith Cobby
Posted: 27 October 2021 07:45:48(UTC)
#482

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Old Jock;191987 wrote:
With £37bn wasted on NHS Test and Trace, why would anyone want to pay more tax, if this is the level of care and attention the funds are deployed with?

I think I'd rather have a Covid wave followed by herd immunity rather than flush £37bn down the WC.


Precisely. Face masks are mandatory in the Commons - except for MPs!!
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huudi on 02/11/2021(UTC)
Keith Cobby
Posted: 27 October 2021 07:50:35(UTC)
#483

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It's Budget day, but I see no evidence that Sunak is a reforming or tax reducing Chancellor. I think the public spending well is now too deep for us to climb out of.
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Old Jock
Posted: 27 October 2021 08:25:38(UTC)
#484

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It's telling that today's headlines are generally "Uptick in growth gives Sunak headroom to splash cash".

As opposed to "Uptick in growth gives Sunak headroom to repair public finances and protect future economic stability."
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Tim D on 27/10/2021(UTC), Keith Cobby on 27/10/2021(UTC)
Tim D
Posted: 30 October 2021 12:08:31(UTC)
#475

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Tim D;191874 wrote:
Wealth taxes in the news again: https://www.theguardian....to-introduce-wealth-tax

(if anyone wants to join the signatories' appeal "There are many of us - people with wealth - who will support a more progressive system of taxation" you can do so at https://www.proudtopay.org/ )


One of the signatories (a former Blackrock trader) on BBC R4's Week In Westminster this morning
https://www.bbc.co.uk/sounds/play/m001144v
(somewhere in the middle of the programme).

It's a bit "millionaire calls for more tax on billionaires".
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Keith Cobby on 30/10/2021(UTC)
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