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Do away with the myriad of pointless benefits, tax credits etc...
Originally posted by ItsQuickerAntiClockwiseView Post
Flat taxes aren't fair.
They are for me and you, but not for the majority of society.
Why not?
Science isn't about why, it's about why not. You ask: why is so much of our science dangerous? I say: why not marry safe science if you love it so much. In fact, why not invent a special safety door that won't hit you in the butt on the way out, because you are fired. - Cave Johnson
I think the argument is that say 30% tax on £20K is a lot harder to take than 30% tax on an income of £200K.
WHS .......
The only way you could make it slightly fairer is to make sure you have a high no-tax-paid threshold, like £10,000 or even £15,000 ....... That way all everyone has enough to make sure they can afford the basics of living. After that you get taxed a flat rate on what you earn.
Originally posted by ItsQuickerAntiClockwiseView Post
WHS .......
The only way you could make it slightly fairer is to make sure you have a high no-tax-paid threshold, like £10,000 or even £15,000 ....... That way all everyone has enough to make sure they can afford the basics of living. After that you get taxed a flat rate on what you earn.
WHS
A very high tax free allowance and then a flat rate. I would say this is the fairest and simplest system to have.
Scrap the minimum wage, benefits, employment 'protection' laws, 'elf and safety, and other stuff that has been a burden for years. It would all sort itself out in no time.
It won't be nice.
There is a choice: do it now as considerable cost, or do it later at extortionate cost. It is far too late for any 'soft landing' to happen.
How did this happen? Who's to blame? Well certainly there are those more responsible than others, and they will be held accountable, but again truth be told, if you're looking for the guilty, you need only look into a mirror.
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