xenia Posted March 19, 2012 Share Posted March 19, 2012 I hope he does lower the higher tax rate to 40%. 1% of the population pay 33% of the tax. These are the businessmen, entrepanuers who take the chances, create the jobs and the wealth and deserve to pay less tax. Make the UK a place were such people thrive, we will all be better off. Socialism has failed. Capitalism is the future. Ask the Russians and the Chinese. They have learned the lesson the hard way. To save money stop the dole, privatise the NHS and the rest of the public sector. Link to comment Share on other sites More sharing options...
*_ash_* Posted March 19, 2012 Share Posted March 19, 2012 I hope he does lower the higher tax rate to 40%. 1% of the population pay 33% of the tax. These are the businessmen, entrepanuers who take the chances, create the jobs and the wealth and deserve to pay less tax. Make the UK a place were such people thrive, we will all be better off. Socialism has failed. Capitalism is the future. Ask the Russians and the Chinese. They have learned the lesson the hard way. To save money stop the dole, privatise the NHS and the rest of the public sector. Mecky will be frothing at the mouth over the keyboard Link to comment Share on other sites More sharing options...
taxman Posted March 19, 2012 Share Posted March 19, 2012 Mecky will be frothing at the mouth over the keyboard Whereas any sensible person would just ignore the post as the blatherings of an idiot. Link to comment Share on other sites More sharing options...
Guest sibon Posted March 19, 2012 Share Posted March 19, 2012 Whereas any sensible person would just ignore the post as the blatherings of an idiot. If we all did that, this forum would be no more:) Link to comment Share on other sites More sharing options...
xenia Posted March 20, 2012 Share Posted March 20, 2012 If I am such a blithering idiot argue your case, typical socialist, when you have lost the arguement, resort to abuse. Link to comment Share on other sites More sharing options...
epiphany Posted March 20, 2012 Share Posted March 20, 2012 I hope he does lower the higher tax rate to 40%. 1% of the population pay 33% of the tax. These are the businessmen, entrepanuers who take the chances, create the jobs and the wealth and deserve to pay less tax. Make the UK a place were such people thrive, we will all be better off. Socialism has failed. Capitalism is the future. Ask the Russians and the Chinese. They have learned the lesson the hard way. To save money stop the dole, privatise the NHS and the rest of the public sector. I agree with your first few paragraphs. I think lower income taxes would encourage more business to be done in the UK and actually lead to more tax revenue in the long term. However, I think to say "socialism has failed" is like someone taking the bailouts, state subsidies and protectionist measures of the current system and saying "capitalism has failed", because if a so-called private enterprise system needs state intervention on the level it currently does then it can't be very efficient. Plus, the current system is unsustainable because it's based on a single bottom line that does not take into account any externalities. But of course, it's wrong to look at the current strain of capitalism and then broadly condemn capitalism in its entirety, simply because what we have now is opposed by many pro-capitalist economists and theorists. Equally, it's wrong to look at what happened in the Soviet Union and China and condemn socialism in its entirety, because what they had was a very authoritarian and centralised form of what was traditionally a decentralised, libertarian economic theory. What has failed is STATE socialism. What has also failed (or is at least now limping on its last legs) is STATE sponsored, corporate capitalism. In both systems the state has been a large and integral part of the economy, whether centrally planned by bureaucrats, or by subsidising big business that serves the interests of government policy. The issue is not capitalism vs socialism, rather how can we draw from the breadth of work in these two economic theories and create a sustainable system that also promotes individual liberty. I believe mutualism has a large part to play in the new economy, which does not sacrifice the key tenets of a free market, it just redefines the nature of private property, which is an elementary government role in even minarchist systems. Link to comment Share on other sites More sharing options...
xenia Posted March 20, 2012 Share Posted March 20, 2012 You may even be able to pay for a small portion of the increased costs of running a car with the extra money.Or, at least some of the extra cost of fuel petrol and diesel since the scum came to power. The "scum" were voted in by the majority of this nation, your reference to your government as "scum" is a disgraceful statement. Link to comment Share on other sites More sharing options...
taxman Posted March 20, 2012 Share Posted March 20, 2012 The "scum" were voted in by the majority of this nation, your reference to your government as "scum" is a disgraceful statement. No they weren't. Show us the maths. Scum is as Scum does. Link to comment Share on other sites More sharing options...
stereolab Posted March 21, 2012 Share Posted March 21, 2012 I hope he does lower the higher tax rate to 40%. 1% of the population pay 33% of the tax. These are the businessmen, entrepanuers who take the chances, create the jobs and the wealth and deserve to pay less tax. Make the UK a place were such people thrive, we will all be better off. Socialism has failed. Capitalism is the future. Ask the Russians and the Chinese. They have learned the lesson the hard way. To save money stop the dole, privatise the NHS and the rest of the public sector. Those chances they took with all that investment capital that led to the global financial crisis you mean? The current problems we face and the high budget deficit are the direct result of their reckless actions - they only survived when national governments around the world stepped in to support them through nationalisation of banks and quantative easing. Socialism didn't cause the crisis - capitalism did. Link to comment Share on other sites More sharing options...
LukeChambers Posted March 21, 2012 Share Posted March 21, 2012 This isn't really going to affect me that much! Does anyone think that the jump to 40% when you hit £34,371 is a bit steep and there should be more increments. Link to comment Share on other sites More sharing options...
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