Re: Austerity - a financially discredited policy

Never mind income tax. It's corporation tax where we have had a shortfall. Multi billion pound companies finding clever ways to avoid tax.

Re: Austerity - a financially discredited policy

I don't disagree Annie but IMO it's really important to understand everyone pays tax to some degree if they earn little bug it's only those at the top get away with hardly paying any.

Re: Austerity - a financially discredited policy

I'm all for having a tax exempt threshold as we have always done and am very happy they raised it to a more realistic level. The lowest earners pay plenty of regressive indirect taxes already. Its big business that gets away scott free.

They have also done away with the ridiculous contractor loopholes whereby people used to earn a packet and pay little or no tax. Thousands of antipodeans made a fortune this way.

Re: Austerity - a financially discredited policy

Also important that the taxes collected are not wasted on brainless schemes such as HS2.

Re: Austerity - a financially discredited policy

Hi

We are more successful in collecting tax from companies than we were, as long as there still tax havens like Ireland and Luxembourg, we are at a disadvantage.

Once we leave the EU, one of the options was to reduce Corporation Tax, like they have, in order to attract more company headquarters here and increase our overall tax take.

We have now decided not to do this.

As far as personal taxation is concerned, we pay very little compared to other countries.

Our Benefits system is also very different to other countries.

We have a long way to go.

Re: Austerity - a financially discredited policy

Another very lame jab at the Tories from the frustrated beligerent one. Poor show.

Everyone knows that the country was decimated, destroyed, near bankrupted by the out of control antics of one Looney Labour PM . . . Gordon Brown.

Uncontrolled spending, sold our gold to foreign interests for a song. Absolute total disgrace.

No point whining and whinging about austerity. We caused it ourselves when we voted in a Lying Looney Labour government. Learn from that mistake imo.

Whatever ground has been made by the Tories since Brown's mismanagement will be lost totally if we vote the Loonies in again. They will spend spend spend money that they don't have and do so with gusto and fervour for as many years as they can get away with it and until we vote them out again.

Looney Labour policies don't work. They are vapourware promises.




NEVER EVER AGAIN !!

Looney Labour . . . . Unfit To Govern

Re: Austerity - a financially discredited policy

Re: Austerity - a financially discredited policy

I'm actually not in favour of that threshold, it makes people feel they aren't part of the system and believe that services are free. A better way is pay people enough they pay tax and feel part of it all.

Re: Austerity - a financially discredited policy

We got to an interesting bit of conversation and you dragged it back to party politics to have a go at Uj. that's why we never have a decent debate any more IMO

Re: Austerity - a financially discredited policy

None of these ridiculous threads are about discussion and debate Julie, they are simply political propaganda items created by one poster who continues to abuse the forum by using it for his personal political agenda. I treat the threads in the same manner that they are created and respond in kind because there is otherwise no balance. They are puerile, usually ignorant of the real facts, often laughingly embarrassing for the OP but overall just a waste of forum space where as you highlight, good discussion could be had. Unfortunately the beligerant one will never change, he cares not one jot about what he does