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Old 23-09-2017, 07:21 PM #14
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Oliver_W Oliver_W is online now
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Originally Posted by Vicky. View Post
Well yes, but its just not feasible for a lot of people, for many reasons to be ABLE to work themselves up to these ridiculously high paid jobs. As I just said to brillo, its not just a case of education and hard work = high wages.
Then some things just aren't to be. As long as people have warm houses and food, any luxuries they want should be earned.

Quote:
Yes, high earners can also give to charity. Are you equating paying taxes with giving to charity here? Thats how its coming across
Haha, no I'm not. I meant, if people want more of their money to go to good causes, they should pay for it themselves rather than forcing everyone who earns the same amount of money as them to pay more taxes.

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I can't argue against this, as I don't actually know besides what my father told me years back. So not sure which is right
Maybe it was true once, tax rates change!

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I actually find it fairly sad that the 'top 5%' of earners in this country many of them earn like 70k ish. When the companies profits all seem to be astronomical...I do think many more people should be on wages such as 70k. The cost of living is enormous these days...either the cost of living needs to go down, or wages need to go up.

Luckily the increases to the living wage proposed will change the averages and such. Even someone who works in a care home (presently paid as low as possible and made to work a lot of hours, much harder than many people on 70k+ I would bet...and obviously a much needed job) will be on well...lets guess they do 60 hours a week which is not too much of a stretch from carers I know...600 per week before tax. 2400 per month 25k or so. For a job thats presently paid a stupidly low amount and is often looked down on
We'll see on that one. I can't argue about rates of pay going up, I just hope the big companies don't lay off staff so their managers don't get hit in the pocket.

Quote:
How would a flat tax rate actually work in reality though? The income from tax would drop horrendously if flat rate was like 20%, OR the rate for everyone would need to be set at like 45%, and then lower earners receive money back in the form of benefits to survive/pay rent. Which I expect would still be an issue for people as 'more people claiming benefits' and such :S And if the benefits received back were set too high, people would have a huge issue, even though the people in receipt of them are actually working. I can see there being hell on if the amounts are set to anything about basic sustenance too.
The top rate of tax in the 1950s was 91%, I'm sure people rang the chimes of doom when that was lowered. People would be less likely to evade tax if they were taxed fairly.
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