Explain Poll Tax to me...

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Discussion

whoami

13,151 posts

241 months

Sunday 14th April 2013
quotequote all
Countdown said:
Halb said:
Had a quick look through. Nowhere does it suggest that reducing everybody's tax rate would increase the tax take.

Just to clarify I'm not saying a flat tax rate would decrease/increase the tax rate.It depends on what the FTR is. In the examples given above a flat tax rate that was lower than ALL the existing tax rates WILL result in a lower tax rate in a country such as ours.
hehe

Lots of retrospective clarification there.

Halb

53,012 posts

184 months

Sunday 14th April 2013
quotequote all
I saw a doc that espoused a type of flat tax a while ago
http://en.wikipedia.org/wiki/Martin_Durkin_%28tele...

It mentioned HK.
http://en.wikipedia.org/wiki/Flat_tax#Countries_re...

Countdown

39,984 posts

197 months

Sunday 14th April 2013
quotequote all
whoami said:
Countdown said:
whoami said:
Russia's tax take increased following the introduction of their flat rate in 2001.

The top rate of tax was previously 30%, the flat rate was 13%.
Linky ?
Well, it's widely reference but this is a good place to start.

It's in the summary on the first page if you don't want to read the whole article
Link says said:
..there is no evidence of of a strong supply side effect of the reform. Compliance does appear to have improved substantially...though it remains unclear whether this was due to the parametric tax reform or to accompanying changes in enforcement
That doesn't suggest that flat rate tax will automatically increase revenues. Furthermore I'd suggest that Russia, pre-Putin, couldn't have collected an STD at an orgy. So I'd give more credence to the "enforcement" for increasing tax collection.

Countdown

39,984 posts

197 months

Sunday 14th April 2013
quotequote all
whoami said:
Countdown said:
Halb said:
Had a quick look through. Nowhere does it suggest that reducing everybody's tax rate would increase the tax take.

Just to clarify I'm not saying a flat tax rate would decrease/increase the tax rate.It depends on what the FTR is. In the examples given above a flat tax rate that was lower than ALL the existing tax rates WILL result in a lower tax rate in a country such as ours.
hehe

Lots of retrospective clarification there.
Only because some people appear to need more clarification wink

whoami

13,151 posts

241 months

Sunday 14th April 2013
quotequote all
Countdown said:
Only because some people appear to need more clarification wink
Apology accepted... smile

Halb

53,012 posts

184 months

Sunday 14th April 2013
quotequote all
...Captain Nedar...

Countdown

39,984 posts

197 months

Sunday 14th April 2013
quotequote all
Halb said:
Countdown said:
Had a quick look through. Nowhere does it suggest that reducing everybody's tax rate would increase the tax take.

Just to clarify I'm not saying a flat tax rate would decrease/increase the tax rate.It depends on what the FTR is. In the examples given above a flat tax rate that was lower than ALL the existing tax rates WILL result in a lower tax rate in a country such as ours.
I didn't believe it said it would, I wasn't posting a polemic, I was posting info on it.
I believe in the theory of a flat tax, I am still looking for arguments against it.
I'm not "for" or "against" flat tax. All it may do (AFAICS) is take more tax from one segment of the population and reduce it for another. Whether this is better/worse depends on which segment you rseide in smile

Halb

53,012 posts

184 months

Sunday 14th April 2013
quotequote all
Countdown said:
I'm not "for" or "against" flat tax. All it may do (AFAICS) is take more tax from one segment of the population and reduce it for another. Whether this is better/worse depends on which segment you rseide in smile
Whenever I look at something, I try to take myself away from the situation and look at it dispassionately, like an alien.

I believe in LVT (instead of council tax) because it makes allowance for history (which is important), and seems to be a way to improve the economy for all.

I believe in a flat tax (instead of levels) because it seems to be the fairest way overall. If it was shown to be not that great in practise, I would alter my view, I'm not a fundamentalist.

Jockman

17,917 posts

161 months

Sunday 14th April 2013
quotequote all
Osborne says that the rich will pay more tax 'proportionately' at 45% than at 50%, as less will avoid it.

I get the theory in principle, but I think I'm going to have to sit down and think about that one scratchchin

whoami

13,151 posts

241 months

Sunday 14th April 2013
quotequote all
Jockman said:
Osborne says that the rich will pay more tax 'proportionately' at 45% than at 50%, as less will avoid it.

I get the theory in principle, but I think I'm going to have to sit down and think about that one scratchchin
That's one of the central tenets behind a flat rate of income tax.

As per the Russian example above,

Jockman

17,917 posts

161 months

Sunday 14th April 2013
quotequote all
.....I'm still thinking it through smile