Would an 'Envy Tax' solve all our problems?

Would an 'Envy Tax' solve all our problems?

Author
Discussion

Digga

40,478 posts

285 months

Friday 14th October 2011
quotequote all
powerstroke said:
jimnicebutdim said:
How about getting rid of all taxes other than VAT, then increase the rate to 50%+

This would mean finances are fair and easy.
Hm so it would be as fair on someone earning £30k as someone on £100k!!
The fairest would be a 50% rate for unearned income which could include footbalers and music people , public sector managers along with the filthy rich living on investments ..... hehe
's fair, everyone pays the same, innit?

speedyman

1,526 posts

236 months

Friday 14th October 2011
quotequote all
Digga said:
powerstroke said:
jimnicebutdim said:
How about getting rid of all taxes other than VAT, then increase the rate to 50%+

This would mean finances are fair and easy.
Hm so it would be as fair on someone earning £30k as someone on £100k!!
The fairest would be a 50% rate for unearned income which could include footbalers and music people , public sector managers along with the filthy rich living on investments ..... hehe
's fair, everyone pays the same, innit?
Poll tax anyone .......

Happy82

15,078 posts

171 months

Friday 14th October 2011
quotequote all
RemainAllHoof said:
Green taxes to rebuild the economy: every voter and member of the Green Party has an extra 5% added to their income tax rate.
You get my vote biggrin

chris watton

22,477 posts

262 months

Friday 14th October 2011
quotequote all
Happy82 said:
RemainAllHoof said:
Green taxes to rebuild the economy: every voter and member of the Green Party has an extra 5% added to their income tax rate.
You get my vote biggrin
me too! And I'd add - they would have to make do with 'green' fuel, and have to buy solar panels and their own windmills with their own money, not subsidised, as a pre condition of their unflinching green commitments.....

Jasandjules

70,012 posts

231 months

Friday 14th October 2011
quotequote all
Happy82 said:
RemainAllHoof said:
Green taxes to rebuild the economy: every voter and member of the Green Party has an extra 5% added to their income tax rate.
You get my vote biggrin
Not mine. Make it 20% and I may be swayed however.

Rollin

6,126 posts

247 months

Friday 14th October 2011
quotequote all
BOR said:
Do you believe in The Magic Money Tree, Don ? Do you think there is an endless supply of cash coming from somewhere ?

If I keep amassing more and more personal cash, then there is less circulating through the rest of society (and please, spare me any bks about trickle down). If a small section of the population can trouser enough, which is what you are suggesting, then eventually the rest of the population will have less and will be forced to reduce their own expenditure.

Can you try and work out what happens next ?
What happens next? Well hopefully you will be donating all your savings to the poor and needy too.

You are, after all, forcing people to reduce their expenditure because of your own selfishness.

Hooli

32,278 posts

202 months

Friday 14th October 2011
quotequote all
powerstroke said:
jimnicebutdim said:
How about getting rid of all taxes other than VAT, then increase the rate to 50%+

This would mean finances are fair and easy.
Hm so it would be as fair on someone earning £30k as someone on £100k!!
The fairest would be a 99.5% rate for unearned income which could include footballers and music people hehe
EFA wink

Zod

35,295 posts

260 months

Friday 14th October 2011
quotequote all
AJS- said:
I would rather a champagne socialist tax that those who felt "the rich" were undertaxed could opt in to pay a greater share once their own wealth exceeded the national average.

Flat zero socialists who would take it up though, so my plan be would be £80,000 a year council tax in Islington.
You cynic. Surely all champagne socialists make charitable donations equivalent to the extra tax they think they businessmen and bankers should pay?

DSM2

3,624 posts

202 months

Friday 14th October 2011
quotequote all
BOR said:
Do you believe in The Magic Money Tree, Don ? Do you think there is an endless supply of cash coming from somewhere ?

If I keep amassing more and more personal cash, then there is less circulating through the rest of society (and please, spare me any bks about trickle down). If a small section of the population can trouser enough, which is what you are suggesting, then eventually the rest of the population will have less and will be forced to reduce their own expenditure.

Can you try and work out what happens next ?
Do you have the faintest idea what you are talkng about?

Do you really believe taxing 'personal cash' helps the economy?

I guess you also believe that the Public sector pays tax too?

The only worthwhile tax is that paid on income earned by creating wealth, Which you appear to want to discourage.

The rest is simply a rapidly diminishing return, though the large proportion of non contributors in the UK these days have only just started to see this...................


AJS-

15,366 posts

238 months

Saturday 15th October 2011
quotequote all
BOR said:
AJS- said:
I would rather a champagne socialist tax that those who felt "the rich" were undertaxed could opt in to pay a greater share once their own wealth exceeded the national average.
Why should they pay someone else's share ?
They don't have to. Maybe I wasn't clear enough.

What I mean is let's say Tarquin Dugood is an Equal Opportunities Lawyer earning £150K a year, who votes Labour and tuts at city bonuses. The normal rate means he pays £50K in taxes, then let him opt in to pay another £10K or whatever he feels is rich enough.

Let's say his nasty neighbour earns the same money but thinks he's taxed plenty then he just pays the normal rate.

Of course it would have an opt in rate close to zero, but it would give us a stick to bash wealthy socialists with.

Zod said:
You cynic. Surely all champagne socialists make charitable donations equivalent to the extra tax they think they businessmen and bankers should pay?
I'm sure they do, but you're missing the essential moral goodness that lefties see in taxing people. According to one lefty I know, you shouldn't need charities because the government should do all that. Everything.


Like the idea of a tax ceiling.