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Speakers' Corner: Discuss Daylight robbery diesel! in the Non-Diving Related Forums forums: All comes back to tax in the end. I was a wee bit annoyed at the furore over the 10p ...

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  #61 (permalink)  
Old 01-05-08, 08:30 AM
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Quote:
Originally Posted by stewbie
All comes back to tax in the end.

I was a wee bit annoyed at the furore over the 10p income tax cut. For the first time in living memory the middle income earners would be slightly better off (although most of the gain was taken up with the increase in national insurance).

What happens? People complain that those on lower incomes lose out, and there is a re-think?

I've lost out on every bloody budget I can remember as a middle income earner with no kids. For once I bloody win, and people complain!!

Bloody hate bloody taxes!
I don't think the objection is to middle income earners winning. It is the middle (and higher) income earners winning at the expense of the low paid.

A person on national minimum wage is on a salary of about £11k, assuming a 37 hour week. Diddly squat, really. Take an extra 12% off that by removing the lowest tax band and for many, it becomes less than a 'living wage'. Personally, i think if they were going to diddle with the taxes, they should introduce a higher band for the big earners who get their money by screwing the low earners.
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  #62 (permalink)  
Old 01-05-08, 09:08 AM
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About time we moved to a flat tax system, all pay the same rate once pay level above a specified level. Then if you earn twice as much, you pay twice as much tax. That's fair & equitable....

Simplify the tax system that "Our Great Leader" has made more & more complicated & has finally caught him out!

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  #63 (permalink)  
Old 01-05-08, 09:22 AM
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more like sopping wet suit diver :(
 

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Originally Posted by jptaylor9
About time we moved to a flat tax system, all pay the same rate once pay level above a specified level. Then if you earn twice as much, you pay twice as much tax. That's fair & equitable....

Simplify the tax system that "Our Great Leader" has made more & more complicated & has finally caught him out!
thats what we have now until you hit the high high end and get taxed at 40% of earnings above £45k ish.


I am £50 a month better off in my pay packet with the tax change.

but about £100 a month worse off due to stealth taxes. overall £50 worse off.


shall i go on strike as that means for me to keep my existing pension contributiions and not suffer ' hardship' i need to give up something else.


no i will use my common sense and non militant brain to economise on something else.
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  #64 (permalink)  
Old 01-05-08, 12:07 PM
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Depends on your view as to what a pension is.

In my view, a Pension is deferred pay. If my employer decided that is was paying me too much and made me worse off I (and anyone with any brain, not just a militant one) would seriously object. Is it different if my employer decides that my deferred pay is reduced?
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  #65 (permalink)  
Old 01-05-08, 01:59 PM
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more like sopping wet suit diver :(
 

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Quote:
Originally Posted by Scubee
Depends on your view as to what a pension is.

In my view, a Pension is deferred pay. If my employer decided that is was paying me too much and made me worse off I (and anyone with any brain, not just a militant one) would seriously object. Is it different if my employer decides that my deferred pay is reduced?
oh I like that one , thats a good one.


so lets not get anybody to think for themselves , to think for their own futures by putting money away lets spoon feed them into thinking it will be allright when anybody with half a brain can see the pension schemes are fecked as people are living longer .

it might well be in profit now but how abouts in 30 years time when some of these workers are retiring, will they be happy with an £83 lump sum. thats what my dad got from his super duper pension from Vauxhalls, that was in surplus 30 years ago. these workers at the moment don't want to contribute to their own pension fund.

this is a communist idea isn't it. I wont say socialist as socialists tend to have a bit more sense.

a employers pension isn't a right. its a perk.
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  #66 (permalink)  
Old 01-05-08, 02:12 PM
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Quote:
Originally Posted by dry suit diver
a employers pension isn't a right. its a perk.
Just like the salary you bring home on a monthly basis (except about £11k, which is statutory minimum).

You can have more money now, but less pension because we can't afford both or you can secure your pension but take home less money now.

Sounds pretty much like deferred pay to me. It is somethign we have beensaying for at lease the last 15 years - since i ahev been involved with them and it is an accepted fact.
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  #67 (permalink)  
Old 01-05-08, 02:12 PM
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I don't think the objection is to middle income earners winning. It is the middle (and higher) income earners winning at the expense of the low paid.
But its OK for the low income to win at the expense of the middle income earners?

For me, middle income earning is actually quite a low level. The increases in national insurance are really beginning to bite. Petrol, road tax, gas, electric.... It really is getting to the stage when you wonder why you bother.

I know I was being tongue in cheek, but when I see my disposable income reducing every budget, why shouldn't someone else feel it for a change? I don't pretend that this is an adult view, but just for once I want the government to say "look, we know we are shafting you, that we tax you to the hilt, that because you are not disabled, idle or have sprayed semen everywhere you get nothing back from us at all, but just this once have something on us."

That is what annoyed me, as it seems everyone has their own particular pressure groups other than middle income Britain. Labour hates us 'cos we usually don't vote for them. The tories don't know what to do now, and the Lib Dems just want to tax us into oblivion so the poor pensioners in thir 12 bedroom mansions don't have to pay as much council tax.

I'm well in favour of the flat rate tax system. Everyone pays the same percentage of their income, no allowances, no exceptions.
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  #68 (permalink)  
Old 01-05-08, 02:16 PM
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Hmmm..... If i have half a cake, and can keep it, am i in a better or worse position than someone who has a whole cake and has to give me a tiny peice?
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  #69 (permalink)  
Old 01-05-08, 02:22 PM
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I wonder where the country will be when fuel is £1.50 or more, won't be long before we push toward £2/lt
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Old 01-05-08, 02:32 PM
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Quote:
Originally Posted by Scubee
Hmmm..... If i have half a cake, and can keep it, am i in a better or worse position than someone who has a whole cake and has to give me a tiny peice?
Lol - who gets a whole cake these days.

My deductions last month amount to 43% of my gross salary! I've only got just over half a cake. Why should I have to give more of it away?
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