HMRC's time machine setting sights on all graduates!

[BrilloPad]

What a fickle bunch those politicians are. How very sad.

I wish voters were that fickle. Why do most people vote for one of two parties?

[Jog On]

I wish voters were that fickle. Why do most people vote for one of two parties?

I voted against a certain party last time with the most tactical vote possible.

[northernladyuk]

I wish voters were that fickle. Why do most people vote for one of two parties?

Even more people vote for one of three parties.

[Jog On]

Even more people vote for one of three parties.

My tactical vote against party 1 was a vote for party 3.

[northernladyuk]

So retrospective taxation is clearly an ongoing trend for UK government. It's the "new norm" no doubt.

All graduates should pay tax regardless of when they went to University, report says*

Graduates aged in their 40s and above who benefited from a free university education should pay a retrospective tax to help fund the current generation of students, a new report has suggested.
Researchers at the UCL Institute of Education have set out proposals for a new "all-age graduate tax" that could be used to bring down tuition fees that currently cost students up to £9,250 per year.
It comes amid reports that Philip Hammond, the Chancellor, is considering capping annual charges at £7,500 instead of the current level of £9,250, saving students at least £5,000. The Treasury has denied the reports.

An announcement could come within weeks as the Tories try to appeal to younger voters at next month’s party conference and the autumn Budget in November.

The Chancellor is facing increasing pressure to ease the burden of student finances after Jeremy Corbyn promised to scrap tuition fees.
He has already hinted that he would like to find a way of forcing universities to charge less for courses that do not significantly enhance the job prospects of students that take them.

The UCL report suggests that a tax on all graduates would be a happy medium between the current fees and loans system and a general election pledge by the Labour Party to scrap tuition fees altogether.

Professor Andy Green, one of the authors who complied the report at the Centre for Research on Learning and Life Chances (LLAKES), said fine details of the scheme would need to be worked out.*
But one suggestion is that a graduate tax could be graded, with graduates who paid nothing for their university education could be asked to pay one level of tax, while those who paid tuition fees at a much lower level than today would be asked to pay less.

The report's proposals are likely to prove controversial with older graduates who may not take kindly to the idea of being taxed on their education decades after they left university.
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Clearly you're the simple one (or is it desparation on your part to try and make yourself look intelligent?) because retrospection doesnt necessarily just target income tax, per se.

You can read it by clicking the link below. It's ok, it's not behind the pay wall so you dont have to feel disenfranchised. You might want to take note of the UCL Institute of Education's use of the word 'tax' though.


All graduates should pay tax regardless of when they went to University, report says*

This thread is about retrospective taxation, not broader ideas of retrospection.

HTH

[washed up contractor]

This thread is about retrospective taxation, not broader ideas of retrospection.

HTH

Ah, so you've got your psuedo moderator head on again? Your argument's getting weaker. HTH.

[Lance]

I wish voters were that fickle. Why do most people vote for one of two parties?

you mean 'the majority' not 'most'.

Most people voted for all available parties, as that includes all voters who didn't spoil their ballot paper. We cannot know the intention of those who did spoil.

/pedant

[tiggat]

Snowflake brigade out in force, if we have had to pay for our education why shouldn't our elders?

[northernladyuk]

Ah, so you've got your psuedo moderator head on again? Your argument's getting weaker. HTH.

There is no retrospective taxation proposed, you cretin. There is a proposal to define a criterion for future taxation.

[washed up contractor]

There is no retrospective taxation proposed, you cretin. There is a proposal to define a criterion for future taxation.

I love it how people on an internet forum quickly lose it when they know they're on a losing streak and tippling over the edge. HTH.