Simpler Tax and Benefits System
Discussion
Stevenj214 said:
Proposal:
So the layabout feckless idiot shacked up with his latest slag and 10 kids gets £180,000 a year TAX FREE, whilst the hard-working, average-earning person gets walloped at Monopoly Supertax rates.- Basic Guaranteed Income of £15,000 given to all UK citizens every year.
- Flat Rate Tax of 50% on all income above £15,000.
- Repeal of National Minimum Wage.
- Repeal of all other financial benefits.
Do you need me to go on?
oyster said:
So the layabout feckless idiot shacked up with his latest slag and 10 kids gets £180,000 a year TAX FREE, ...
I think the idea was the 15k goes to people of working age.The principle is probably sound. The numbers need tweaking. 14k's minimum wage (I think). So some sensible figure a chunk *under* that would seem like the right initial start point (even if minimum wages then get scrapped).
Say 50% under perhaps...
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