Tax crackdown on rich announced by Danny Alexander
Discussion
Individuals with assets of more than £1m face a new crackdown on tax avoidance, Lib Dem Treasury Chief Secretary Danny Alexander has revealed.
http://www.bbc.co.uk/news/uk-politics-19690327
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http://www.bbc.co.uk/news/uk-politics-19690327
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Caulkhead said:
Surely if you want to crack down on avoidance you change the tax law, not scrutinise people who are acting within the law by avoiding certain taxes?
You mean actually doing something effective by closing loopholes? That's very difficult and time consuming by comparison.speedy_thrills said:
Caulkhead said:
Surely if you want to crack down on avoidance you change the tax law, not scrutinise people who are acting within the law by avoiding certain taxes?
You mean actually doing something effective by closing loopholes? That's very difficult and time consuming by comparison.
Why bother with effort and expense when you can bluster & bulls
t. Catch a few of the most borderline cases, make the next level down toe the line, quote a few sufficiently well chosen statistics and light up the Cohiba.DukeDickson said:
speedy_thrills said:
Caulkhead said:
Surely if you want to crack down on avoidance you change the tax law, not scrutinise people who are acting within the law by avoiding certain taxes?
You mean actually doing something effective by closing loopholes? That's very difficult and time consuming by comparison.Why bother with effort and expense when you can bluster & bulls
t. Catch a few of the most borderline cases, make the next level down toe the line, quote a few sufficiently well chosen statistics and light up the Cohiba.And all the asylum seekers, spongers and scroungers still slip in illegally.
Edited by King Herald on Sunday 23 September 10:30
How long before its £500k? what the libtards are saying we are spitefull leftys and we want anyone reasonably succesfull to fk of or not make much of an effort to build up a bussiness and employ people otherwise we will harrase and make you feel like its not worth it.. s 
how is the country ever going to pick itself up with these wkers in charge??
k of or not make much of an effort to build up a bussiness and employ people otherwise we will harrase and make you feel like its not worth it.. s how is the country ever going to pick itself up with these wkers in charge?? 
powerstroke said:
How long before its £500k? what the libtards are saying we are spitefull leftys and we want anyone reasonably succesfull to fk of or not make much of an effort to build up a bussiness and employ people otherwise we will harrase and make you feel like its not worth it.. s how is the country ever going to pick itself up with these wkers in charge??
Precisely, it isn't. k of or not make much of an effort to build up a bussiness and employ people otherwise we will harrase and make you feel like its not worth it.. s how is the country ever going to pick itself up with these wkers in charge?? speedy_thrills said:
Caulkhead said:
Surely if you want to crack down on avoidance you change the tax law, not scrutinise people who are acting within the law by avoiding certain taxes?
You mean actually doing something effective by closing loopholes? That's very difficult and time consuming by comparison.My money is its just hot air to look popular to the mouth breathing masses.
powerstroke said:
How long before its £500k? what the libtards are saying we are spitefull leftys and we want anyone reasonably succesfull to fk of or not make much of an effort to build up a bussiness and employ people otherwise we will harrase and make you feel like its not worth it.. s how is the country ever going to pick itself up with these wkers in charge??
Exactly, my assets are probably around the £500k mary, yet until recently I had only ever been PAYE. I can't however produce any significant paperwork beyond about 5 years. It seems more and more that actually saving money, doing well for yourself, buying a house etc is seen as a crime.k of or not make much of an effort to build up a bussiness and employ people otherwise we will harrase and make you feel like its not worth it.. s how is the country ever going to pick itself up with these wkers in charge?? The other scary one is the "mansion" tax. This sort of this starts as a limited tax, then it grows until everyone living in more than a 2 bed terrace is paying the tax.
garyhun said:
So the house you purchased in 1992 for £350k is now worth £1m and therefore they want to investigate?
Am I missing something?
no if you have a million pound house then you are capitalist scum who should be thrown out of the countryAm I missing something?
Once everyone is poor then mission accomplished
I don't know whether to laugh or cry at this thread.
It may be posturing.
But making sure that people who can most afford to pay the tax they're due to pay is surely a good thing. Is it OK for rich people to get away with any other crime?
"Yes I do the odd bit of burglary, but I live in a £1m house. Why are you persecuting me when there are poor criminals around?"
Alain de Botton said this morning that "paying tax should be framed as a glorious civic duty worthy of gratitude - not a punishment for making money"
In that sense, a "crackdown" isn't the word to use. But why do "the rich" on the whole want to avoid doing what they can afford to pay?
It may be posturing.
But making sure that people who can most afford to pay the tax they're due to pay is surely a good thing. Is it OK for rich people to get away with any other crime?
"Yes I do the odd bit of burglary, but I live in a £1m house. Why are you persecuting me when there are poor criminals around?"
Alain de Botton said this morning that "paying tax should be framed as a glorious civic duty worthy of gratitude - not a punishment for making money"
In that sense, a "crackdown" isn't the word to use. But why do "the rich" on the whole want to avoid doing what they can afford to pay?
Hackney said:
I don't know whether to laugh or cry at this thread.
It may be posturing.
But making sure that people who can most afford to pay the tax they're due to pay is surely a good thing. Is it OK for rich people to get away with any other crime?
"Yes I do the odd bit of burglary, but I live in a £1m house. Why are you persecuting me when there are poor criminals around?"
Alain de Botton said this morning that "paying tax should be framed as a glorious civic duty worthy of gratitude - not a punishment for making money"
In that sense, a "crackdown" isn't the word to use. But why do "the rich" on the whole want to avoid doing what they can afford to pay?
So if your property increased in value over 20 years to say, £1m, but you are on a salary of, say £40K, you are rich? Madness.It may be posturing.
But making sure that people who can most afford to pay the tax they're due to pay is surely a good thing. Is it OK for rich people to get away with any other crime?
"Yes I do the odd bit of burglary, but I live in a £1m house. Why are you persecuting me when there are poor criminals around?"
Alain de Botton said this morning that "paying tax should be framed as a glorious civic duty worthy of gratitude - not a punishment for making money"
In that sense, a "crackdown" isn't the word to use. But why do "the rich" on the whole want to avoid doing what they can afford to pay?
In that sense, a "crackdown" isn't the word to use. But why do "the rich" on the whole want to avoid doing what they can afford to pay?"
Unless house prices move faster than a fast thing, not many of the hardworking classes will be caught up in a mansion tax, but where would you stop - how much disposable income should the state leave to anybody earning above the national average? Sitting in a £1m house doesn't mean you earn megabucks as others have rightly pointed out. There are several questions that Danny Boy and supporters of this Libdim Inquisition need to answer.
How much incentive should be sanctioned by the state to promote aspiration and enterprise, rather than dependency on handouts from the state?
Who gets to decide what 'the rich' means, and who gets to decide 'what they can afford to pay'? Would that be incompetent millionaire libdims like Clegg and his Mrs?
The law is in place on taxes, including property taxes. It can and should be enforced equally. Is putting an extra squeeze on one group which is seen to be successful a sign of some new definition of equal treatment?
How much mediocrity and dependence is enough for Libdim politicians?
Unless house prices move faster than a fast thing, not many of the hardworking classes will be caught up in a mansion tax, but where would you stop - how much disposable income should the state leave to anybody earning above the national average? Sitting in a £1m house doesn't mean you earn megabucks as others have rightly pointed out. There are several questions that Danny Boy and supporters of this Libdim Inquisition need to answer.
How much incentive should be sanctioned by the state to promote aspiration and enterprise, rather than dependency on handouts from the state?
Who gets to decide what 'the rich' means, and who gets to decide 'what they can afford to pay'? Would that be incompetent millionaire libdims like Clegg and his Mrs?
The law is in place on taxes, including property taxes. It can and should be enforced equally. Is putting an extra squeeze on one group which is seen to be successful a sign of some new definition of equal treatment?
How much mediocrity and dependence is enough for Libdim politicians?
Guam said:
The really funny thing Chris is this could crucify the libs own supporters 
Most of their core are the very Middle class who could be hammered by this
Yes the irony is even greater when you look at rich kids and kidesses like the Clegg household.Most of their core are the very Middle class who could be hammered by this
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