Uk Council tax,. Reform. Needed?
Discussion
farmergiles80 said:
So non-home owner wants to increase taxes on home owners...
I want a complete simplification and re-balance of the taxation system. Nothing to do with my personal circumstances.Given LVT is likely too radical to ever actually be implemented, I would support an income tax increase in the meantime. That would negatively impact me.
Some of us think beyond what will only benefit us.
selmahoose said:
Nope that’s just speculation. What’s certain is that LVT will create a new layer of parasite called “tenant” who enjoy local amenities they don’t pay for (which is ridiculous and unacceptable)
Parasite? I pay my landlord's mortgage on her buy-to-let, plus give her a profit, plus pay the council tax. In my last property where I lived for two years I probably interacted with the letting agent 4 or 5 times. The only repair that was needed was to replace a microwave that went on fire. My current property I have needed one thing fixed in the 6 months I have been here - a lampshade that fell off. My landlords don't work, they live very very well from a portfolio of buy-to-let properties. They don't pay income tax. They probably shield most of their BTL profits from corporate tax. Who exactly is the parasite? Integroo said:
I want a complete simplification and re-balance of the taxation system. Nothing to do with my personal circumstances.
Given LVT is likely too radical to ever actually be implemented, I would support an income tax increase in the meantime. That would negatively impact me.
Some of us think beyond what will only benefit us.
Some of us recognise that increasing tax rates won’t necessarily increase tax take and that fairness is an important measure to maximise income from taxation.Given LVT is likely too radical to ever actually be implemented, I would support an income tax increase in the meantime. That would negatively impact me.
Some of us think beyond what will only benefit us.
Murph7355 said:
Fill your boots - make some voluntary contributions. How many have you made thus far?
btw, where are you paying that much council tax for a one bed property?
Voluntary contributions - a nonsense the right wing like to suggest. I am sure that me as an individual paying a little extra in tax is going to solve the massive funding shortfalls our public services face. btw, where are you paying that much council tax for a one bed property?
Edinburgh. In fairness, in Scotland council tax includes water and sewerage.
Integroo said:
Parasite? I pay my landlord's mortgage on her buy-to-let, plus give her a profit, plus pay the council tax. In my last property where I lived for two years I probably interacted with the letting agent 4 or 5 times. The only repair that was needed was to replace a microwave that went on fire. My current property I have needed one thing fixed in the 6 months I have been here - a lampshade that fell off. My landlords don't work, they live very very well from a portfolio of buy-to-let properties. They don't pay income tax.
They probably shield most of their BTL profits from corporate tax. Who exactly is the parasite?
How go you know they don’t pay income tax?They probably shield most of their BTL profits from corporate tax. Who exactly is the parasite?
Are you accusing them of tax evasion? What evidence do you have of that?
farmergiles80 said:
Integroo said:
Parasite? I pay my landlord's mortgage on her buy-to-let, plus give her a profit, plus pay the council tax. In my last property where I lived for two years I probably interacted with the letting agent 4 or 5 times. The only repair that was needed was to replace a microwave that went on fire. My current property I have needed one thing fixed in the 6 months I have been here - a lampshade that fell off. My landlords don't work, they live very very well from a portfolio of buy-to-let properties. They don't pay income tax.
They probably shield most of their BTL profits from corporate tax. Who exactly is the parasite?
How go you know they don’t pay income tax?They probably shield most of their BTL profits from corporate tax. Who exactly is the parasite?
Are you accusing them of tax evasion? What evidence do you have of that?
Integroo said:
Increasing tax rates will increase tax take. The suggestion that it will not is based on bad economics.
The suggestion that it will not is based on recent historical evidence of the top income tax band. btw- If you think you should pay more tax then you are able to do so. Just send it to HMRC or your local council.
farmergiles80 said:
Still not necessarily true no matter how many times you claim it.
People definitely do change their behaviours in response to tax changes.
https://taxfoundation.org/70-percent-tax-analysis/People definitely do change their behaviours in response to tax changes.
American, but it is the same principle.
Proposal 1: Add an 8th tax bracket at 70 percent on taxable income over $10 million for all filing statuses. Applies to only ordinary income. Bracket widths are not adjusted for filing status.
"We estimate that applying a new 70% tax rate on ordinary income over $10 million (proposal 1) would raise about $291 billion between 2019 and 2028. While taxpayers would react to proposal 1 by reducing taxable income, the effect wouldn’t be significant. As a result, the proposal would still raise revenue each year over the budget window."
Rovinghawk said:
The suggestion that it will not is based on recent historical evidence of the top income tax band.
btw- If you think you should pay more tax then you are able to do so. Just send it to HMRC or your local council.
Hey look, another one of PH's resident far right zealots has arrived. That means I am out. Got better things to do than argue with brick walls. btw- If you think you should pay more tax then you are able to do so. Just send it to HMRC or your local council.
Dindoit said:
UK budget deficit is down from the days of us running at £100Bn but we still have a deficit. The country needs money, obviously. That money is collected though taxes, obviously. Those taxes should be something other people pay, obviously.
Congrats on your 6 bed house. I only have 4 beds and pay more than you.
Ditto Congrats on your 6 bed house. I only have 4 beds and pay more than you.
Sheepshanks said:
PorkRind said:
I live in a fairly large house. 6 bed. It's me the gf and my old man who I look after.
Get your own back - switch to a much smaller house.
Or alternatively, move to a country which provides the same standard of living at a lower personal tax cost. There must be loads out there........
There is NO SUCH THING as a “Fair Tax”, unless you eliminate all taxation and the User pays directly for the services consumed. People are very good at counting how much they contribute (or pretend to contribute), they appear to be slightly less capable of calculating how much they take out of the system. For example Mr PH Director will tell you that he’s got BUPA and the kids go to a private school, neglecting to mention the first 16 years of his life which was funded by the general taxpayer, that BUPA don’t provide A&E, or that if he loses his job he’ll still be expecting the Local Authority to provide a place for young Tobias and Jemima. Mr PH Director will also think everybody else should be paying more tax but it’s absolutely fine for him to post threads about how best to avoid Mum and dad’s house being used to fund their care fees.
Yes, the 1% pay 28% of income taxes, probably because the 1% earn 28% of all the taxable income. No doubt the 1% would disappear to Monaco if they could but the chances are that their net benefit from living in the UK exceeds their net cost.
Integroo said:
https://taxfoundation.org/70-percent-tax-analysis/
American, but it is the same principle.
Proposal 1: Add an 8th tax bracket at 70 percent on taxable income over $10 million for all filing statuses. Applies to only ordinary income. Bracket widths are not adjusted for filing status.
"We estimate that applying a new 70% tax rate on ordinary income over $10 million (proposal 1) would raise about $291 billion between 2019 and 2028. While taxpayers would react to proposal 1 by reducing taxable income, the effect wouldn’t be significant. As a result, the proposal would still raise revenue each year over the budget window."
American, but it is the same principle.
Proposal 1: Add an 8th tax bracket at 70 percent on taxable income over $10 million for all filing statuses. Applies to only ordinary income. Bracket widths are not adjusted for filing status.
"We estimate that applying a new 70% tax rate on ordinary income over $10 million (proposal 1) would raise about $291 billion between 2019 and 2028. While taxpayers would react to proposal 1 by reducing taxable income, the effect wouldn’t be significant. As a result, the proposal would still raise revenue each year over the budget window."
I like the attempts to characterise me as selfish and biased by people who live in very expensive houses and who drive very expensive cars whose only goal is to reduce the amount of tax they as individuals pay so that they can buy more luxuries 
Oh, I forgot, it's because they "work so hard and deserve it".
Halfwits.
Oh, I forgot, it's because they "work so hard and deserve it".
Halfwits.
Integroo said:
Rovinghawk said:
The suggestion that it will not is based on recent historical evidence of the top income tax band.
btw- If you think you should pay more tax then you are able to do so. Just send it to HMRC or your local council.
Hey look, another one of PH's resident far right zealots has arrived. That means I am out. Got better things to do than argue with brick walls. btw- If you think you should pay more tax then you are able to do so. Just send it to HMRC or your local council.
Gassing Station | News, Politics & Economics | Top of Page | What's New | My Stuff