What would it actually cost the Government, and us....
Discussion
to actually run the country in a way you'd not be embarrassed by.
And by that i mean:
Fix the pot holes
Run a proper social care sector
Provide proper services (bin collections etc)
Get/make the dole dossers earn their keep
Better well run transportation
a complete over haul of the system, start afresh, what would it cost the average man on the street, could it be afforded ?
If the average earner (£30k) paid an extra £100 a month but you get world class services and roads, would you pay it ?
And by that i mean:
Fix the pot holes
Run a proper social care sector
Provide proper services (bin collections etc)
Get/make the dole dossers earn their keep
Better well run transportation
a complete over haul of the system, start afresh, what would it cost the average man on the street, could it be afforded ?
If the average earner (£30k) paid an extra £100 a month but you get world class services and roads, would you pay it ?
I’ve wondered what would happen if you set a flat rate at 25% tax. Then increase vat on non essentials.
The more you buy the more you pay.
Perhaps even have a super vat on “luxury” goods.
Scrap council tax and do it by house value calculated every 2 years.
No property tax if downsizing.
The more you buy the more you pay.
Perhaps even have a super vat on “luxury” goods.
Scrap council tax and do it by house value calculated every 2 years.
No property tax if downsizing.
I think quite a lot of people would happily jump into a ready made system where they pay more but the benefits are immediately obvious.
Most people don't seem to be able to accept that they pay more now and in a couple of years they'll be able to see the benefits.
Graduates are expected to live while paying 9% more than everyone else. So the notion that everyone is being squeezed until their pips squeak is clearly b
ks.
Most people don't seem to be able to accept that they pay more now and in a couple of years they'll be able to see the benefits.
Graduates are expected to live while paying 9% more than everyone else. So the notion that everyone is being squeezed until their pips squeak is clearly b
ks. sam.rog said:
I ve wondered what would happen if you set a flat rate at 25% tax. Then increase vat on non essentials.
The more you buy the more you pay.
Perhaps even have a super vat on luxury goods.
Scrap council tax and do it by house value calculated every 2 years.
No property tax if downsizing.
The problem with taxing the developed value of property is that it's rather subjective, taxing the value of the land it sits on is less so.The more you buy the more you pay.
Perhaps even have a super vat on luxury goods.
Scrap council tax and do it by house value calculated every 2 years.
No property tax if downsizing.
I'd go for a complete shake up of tax.
Money coming in to you, regardless of source, is taxed. This can be offset against work whether professional or voluntary.
Make all costs involved with doing your work tax deductible.
So the extremes you earn £80k per year doing 50 hours a week. 80,000/2400 (assuming 4 weeks off holiday) = £33.3/hr.
£0-10/hr = free
0-20 = 10%
20-30 = 20%
30-40 = 30%
40+ = 40%
Basically whatever rates and bands need doing that gets the tax take in.
Also, allow household combinations, delete childbenefit. If you have 5 kids and you earn £200k a year you get 6x the tax allowances so basically pay zero tax.
Finally the other extreme, say you work 2 days a week at £150k you'd be paying a lot of tax. ~£97/hr and most of it will be charged at 40%, but if you work an extra 3 days a week the charge rate will not decrease.
Encourage people to work. And work lots of hours. If you're on a fixed salary if you do unpaid OT you can claim this against your hourly rate for a tax break. Encourage people to work longer hours.
Money coming in to you, regardless of source, is taxed. This can be offset against work whether professional or voluntary.
Make all costs involved with doing your work tax deductible.
So the extremes you earn £80k per year doing 50 hours a week. 80,000/2400 (assuming 4 weeks off holiday) = £33.3/hr.
£0-10/hr = free
0-20 = 10%
20-30 = 20%
30-40 = 30%
40+ = 40%
Basically whatever rates and bands need doing that gets the tax take in.
Also, allow household combinations, delete childbenefit. If you have 5 kids and you earn £200k a year you get 6x the tax allowances so basically pay zero tax.
Finally the other extreme, say you work 2 days a week at £150k you'd be paying a lot of tax. ~£97/hr and most of it will be charged at 40%, but if you work an extra 3 days a week the charge rate will not decrease.
Encourage people to work. And work lots of hours. If you're on a fixed salary if you do unpaid OT you can claim this against your hourly rate for a tax break. Encourage people to work longer hours.
John145 said:
I'd go for a complete shake up of tax.
Money coming in to you, regardless of source, is taxed. This can be offset against work whether professional or voluntary.
Make all costs involved with doing your work tax deductible.
So the extremes you earn £80k per year doing 50 hours a week. 80,000/2400 (assuming 4 weeks off holiday) = £33.3/hr.
£0-10/hr = free
0-20 = 10%
20-30 = 20%
30-40 = 30%
40+ = 40%
Basically whatever rates and bands need doing that gets the tax take in.
Also, allow household combinations, delete childbenefit. If you have 5 kids and you earn £200k a year you get 6x the tax allowances so basically pay zero tax.
Finally the other extreme, say you work 2 days a week at £150k you'd be paying a lot of tax. ~£97/hr and most of it will be charged at 40%, but if you work an extra 3 days a week the charge rate will not decrease.
Encourage people to work. And work lots of hours. If you're on a fixed salary if you do unpaid OT you can claim this against your hourly rate for a tax break. Encourage people to work longer hours.
What if you need to work part time because of caring responsibilities?Money coming in to you, regardless of source, is taxed. This can be offset against work whether professional or voluntary.
Make all costs involved with doing your work tax deductible.
So the extremes you earn £80k per year doing 50 hours a week. 80,000/2400 (assuming 4 weeks off holiday) = £33.3/hr.
£0-10/hr = free
0-20 = 10%
20-30 = 20%
30-40 = 30%
40+ = 40%
Basically whatever rates and bands need doing that gets the tax take in.
Also, allow household combinations, delete childbenefit. If you have 5 kids and you earn £200k a year you get 6x the tax allowances so basically pay zero tax.
Finally the other extreme, say you work 2 days a week at £150k you'd be paying a lot of tax. ~£97/hr and most of it will be charged at 40%, but if you work an extra 3 days a week the charge rate will not decrease.
Encourage people to work. And work lots of hours. If you're on a fixed salary if you do unpaid OT you can claim this against your hourly rate for a tax break. Encourage people to work longer hours.
Randy Winkman said:
John145 said:
I'd go for a complete shake up of tax.
Money coming in to you, regardless of source, is taxed. This can be offset against work whether professional or voluntary.
Make all costs involved with doing your work tax deductible.
So the extremes you earn £80k per year doing 50 hours a week. 80,000/2400 (assuming 4 weeks off holiday) = £33.3/hr.
£0-10/hr = free
0-20 = 10%
20-30 = 20%
30-40 = 30%
40+ = 40%
Basically whatever rates and bands need doing that gets the tax take in.
Also, allow household combinations, delete childbenefit. If you have 5 kids and you earn £200k a year you get 6x the tax allowances so basically pay zero tax.
Finally the other extreme, say you work 2 days a week at £150k you'd be paying a lot of tax. ~£97/hr and most of it will be charged at 40%, but if you work an extra 3 days a week the charge rate will not decrease.
Encourage people to work. And work lots of hours. If you're on a fixed salary if you do unpaid OT you can claim this against your hourly rate for a tax break. Encourage people to work longer hours.
What if you need to work part time because of caring responsibilities?Money coming in to you, regardless of source, is taxed. This can be offset against work whether professional or voluntary.
Make all costs involved with doing your work tax deductible.
So the extremes you earn £80k per year doing 50 hours a week. 80,000/2400 (assuming 4 weeks off holiday) = £33.3/hr.
£0-10/hr = free
0-20 = 10%
20-30 = 20%
30-40 = 30%
40+ = 40%
Basically whatever rates and bands need doing that gets the tax take in.
Also, allow household combinations, delete childbenefit. If you have 5 kids and you earn £200k a year you get 6x the tax allowances so basically pay zero tax.
Finally the other extreme, say you work 2 days a week at £150k you'd be paying a lot of tax. ~£97/hr and most of it will be charged at 40%, but if you work an extra 3 days a week the charge rate will not decrease.
Encourage people to work. And work lots of hours. If you're on a fixed salary if you do unpaid OT you can claim this against your hourly rate for a tax break. Encourage people to work longer hours.
Slow.Patrol said:
Public Sector Debt (Government Debt)
Per Person: Around £40,500 per person, based on Public Sector Net Debt of £2.805 trillion (93% of GDP) at the end of 2024/25.
We are fked. £100 per tax payer would be a drop in the ocean.
US debt is the equivalent of near $100,000 or £74,000 per person.Per Person: Around £40,500 per person, based on Public Sector Net Debt of £2.805 trillion (93% of GDP) at the end of 2024/25.
We are f
ked. £100 per tax payer would be a drop in the ocean.Doesn't seem so bad in comparison.
Still bad though.
Slow.Patrol said:
Public Sector Debt (Government Debt)
Per Person: Around £40,500 per person, based on Public Sector Net Debt of £2.805 trillion (93% of GDP) at the end of 2024/25.
We are fked. £100 per tax payer would be a drop in the ocean.
Chicken feed compared to America nearly 300,000 each! Per Person: Around £40,500 per person, based on Public Sector Net Debt of £2.805 trillion (93% of GDP) at the end of 2024/25.
We are f
ked. £100 per tax payer would be a drop in the ocean.Hughesie said:
...
Fix the pot holes
Run a proper social care sector
Provide proper services (bin collections etc)
Get/make the dole dossers earn their keep
Better well run transportation
....
Fix the pot holes
Run a proper social care sector
Provide proper services (bin collections etc)
Get/make the dole dossers earn their keep
Better well run transportation
....
- billions in all likelihood. But maybe we can stop using shoddy techniques where roads are chewed up within a year and get some decent warranty on works?
- 10s of billions in all likelihood. Not sure what can done on this
- My bins are fine. £0 extra
- £0 or even cost benefit
- Transportation here's perfectly fine
Before increasing anything I'd set my minions on plotting Laffer curves on everything and getting rid of anything that sticks out.
Can't believe the 100k cliff edge is still allowed to exist.
There must be a ton of businesses that are either refusing to expand or simply giving up because it's not worth progressing because of the burden stuck on them.
Government should at least once try ever so slightly to get out of the way to see what happens rather than parking itself on your face and guffing.
An economy that feels like it can get ahead is going to be more productive.
Can't believe the 100k cliff edge is still allowed to exist.
There must be a ton of businesses that are either refusing to expand or simply giving up because it's not worth progressing because of the burden stuck on them.
Government should at least once try ever so slightly to get out of the way to see what happens rather than parking itself on your face and guffing.
An economy that feels like it can get ahead is going to be more productive.
bloomen said:
Can't believe the 100k cliff edge is still allowed to exist.
Why do any of the the cliff edges exist? The knowledge about how cliff edges drive behaviour is well known, I can't think of any reason software couldn't allow gradual changes in tax rate for most people on a wage, or indeed everyone if it were calculated in arrears?Gassing Station | News, Politics & Economics | Top of Page | What's New | My Stuff