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Public want taxes that hurt the rich says Fabian poll

What are the grounds for a 40% top up? "Someone like a banker or a footballer" is rather vague.

I'd support the same rule for everyone, consistent with my support for a flat tax.

your tax relief is based on the tax you pay, so if you pay 40% tax, you get relief of 40% on your pension contributions
 
Ah, I see. Thanks. :)

A flat tax would solve that matter nicely, but if you don't support one, what solution would you suggest?
 
Ah, I see. Thanks. :)

A flat tax would solve that matter nicely, but if you don't support one, what solution would you suggest?

reverse the tax relief - more tax relief for low earners(40%), less for high earners(20%)
 
But that would penalise them twice over: higher earnings mean more tax and less pension. In effect, you're being punished for doing well.
 
Which sadly has in many societies calling themselves socialist led to a situation where the State says: 'give us your stuff or we shoot you'.

No the point quoted did not "lead" to such societies at all. Your point mearly reflects the betrayal of such ideals by these dictators. Given your propensity to 'follow the empirically strongest' you would - without any sense of irony - have been one of those servile fecks who shut up, kept your head down and cheered when deemed appropriate as the Stalinists tightened their grip on power in the Soviet Union.

The same point you are making could be made of plenty of societies calling themselves capitalist - including modern 'democratic' countries - take a look at Iraq etc etc etc. What do you think that is if not 'give up your stuff or we will bomb you into the stone age'

The only reason 'democratic' institutions have ever been adopted, given the entire development of capitalist society has been one of imposition and enforcement by arms from robber barons onwards (for example, what do you think colonialism represented?), is because of preasure from below - often led by people calling themselves socialist. 'democratic' institutions and elections have never been given from above and have usually been paid for on the backs of the super exploitation of other people around the world when conceded under preasure.

You are a moron Zach.
 
But that would penalise them twice over: higher earnings mean more tax and less pension. In effect, you're being punished for doing well.


poor, poor rich bastards. that bought a tear to my eye. the poor darlings.

where do you think extreme (to the point of meaningless for an individual) wealth comes from? hard work?
 
But that would penalise them twice over: higher earnings mean more tax and less pension. In effect, you're being punished for doing well.

i don't have a problem with that - if your pension pot is worth 2m rather than 3m, it doesn't make much difference, whereas the lower paid would struggle to have a decent private pension

and doing well? - millionaire bankers getting millions of bonuses for screwing up the economy - they deserve a financial smack imo
 
preasure from below - often led by people calling themselves socialist.

You are a moron Zach.

Pressure from BELOW.
often LED by people calling themselves socialist????????

To me that is part of your problem dennis and those of other orthodox leftists like the SWP.
You say you believe in socialism from below etc but seem to think it needs to be led by what you might term the most progressive elements etc etc.

I really dont see that as a great recipe for success.

And why call Zach a moron?. He is obviously interested enough to engage in ideas of social justice etc. Does he really deserve to be called a moron?
What kind of socialism is it that so easily writes people off?
 
Pressure from BELOW.
often LED by people calling themselves socialist????????

To me that is part of your problem dennis and those of other orthodox leftists like the SWP.
You say you believe in socialism from below etc but seem to think it needs to be led by what you might term the most progressive elements etc etc.

I really dont see that as a great recipe for success.

And why call Zach a moron?. He is obviously interested enough to engage in ideas of social justice etc. Does he really deserve to be called a moron?
What kind of socialism is it that so easily writes people off?

fuck off baldwin - another moron
 
However, she said the anti-rich backlash had not greatly benefited those at the bottom. Focus groups conducted alongside the poll found that while there was sympathy for those losing their jobs, people still expected them to find work as quickly, despite the recession. Those polled significantly underestimated the cost to the Exchequer of tax avoidance by the wealthy and over-estimated the cost of benefit fraud. They blamed the government for failing to stop tax dodges rather than individuals, but saw benefit fraud as the fault of the individual.

No suprises there. Most people are socialist minded to an extent at least. Eg they believe that everybody should make and take a fair contribution. Nothing wrong with that at all.

They also over estimated the cost of benefit fraud and under estimated the cost of tax dodgers.

I wonder what age the people surveyed there were... expecting people to fall into jobs so quick after losing them... Obviously cannot have lived through losing their jobs before, I reckon.
 
poor, poor rich bastards. that bought a tear to my eye. the poor darlings.

where do you think extreme (to the point of meaningless for an individual) wealth comes from? hard work?
You can't generalise. For some it comes from extremely hard work; for others it doesn't; others are in-between the two poles.

I oppose graduated-taxes because they undermine property rights, which ultimately puts us all in jeopardy. (And the people who suffer most on graduated-taxes are those in the middle, not "rich bastards", for whom, as has been said, wealth becomes academic after a certain point.)
 
poor, poor rich bastards. that bought a tear to my eye. the poor darlings.

where do you think extreme (to the point of meaningless for an individual) wealth comes from? hard work?

Straw man.

40% kicks in at what? £35k?
 
I oppose graduated-taxes because they undermine property rights, which ultimately puts us all in jeopardy. (And the people who suffer most on graduated-taxes are those in the middle, not "rich bastards", for whom, as has been said, wealth becomes academic after a certain point.)

No they dont

Not true (unless you are accounting for the ultra-riches tax dodging, but tories like you dont usually include such things)
 
You can't generalise. For some it comes from extremely hard work; for others it doesn't; others are in-between the two poles.

It always comes from extremely hard work. The hard work of the hundreds, thousands or tens of thousands of people the worthless parasites have exploited. Or in many cases, the people their parents or other ancestors have exploited.
 
about 37k i think, but you only pay the 40% on income above 37k, you still pay the 20% or whatever it is on income up to there, so they are hardly suffering having to pay extra
Even higher than that because the tax bands are on top of the personal allowance
 
It always comes from extremely hard work. The hard work of the hundreds, thousands or tens of thousands of people the worthless parasites have exploited. Or in many cases, the people their parents or other ancestors have exploited.
My case doesn't rest on the moral worth of X rich person, but on the benefit that comes from upholding individual property rights. If the state can plunder wealth when it's convenient, it implies that our property is ours by the state's good grace, instead of ours by absolute right.

And speaking on-topic, how will it benefit the economy if "super-taxes" are introduced?
 
My case doesn't rest on the moral worth of X rich person, but on the benefit that comes from upholding individual property rights. If the state can plunder wealth when it's convenient, it implies that our property is ours by the state's good grace, instead of ours by absolute right.

And speaking on-topic, how will it benefit the economy if "super-taxes" are introduced?

But the idea that a person can own land, and has an absolute right to have their legal claim to to ownership upheld is actually very dubious.

It's one thing for a monkey to mark its territory with excretions, but that's not so unreasonable, since it can only mark the territory it can occupy. But with humans it just gets ridiculous. We mark our territory with ink excretions on bits of paper, and then have this notion that we can own a territory far larger than we can occupy purely by means of this fiction.
 
A fiction that's a necessary component to capitalist exchange. Of course, if you want an alternative, that isn't such a priority.
 
A fiction that's a necessary component to capitalist exchange. Of course, if you want an alternative, that isn't such a priority.

And requires us to pay for licensed thugs to enforce the fictional "rights" of absentee landlords.
 
"Licensed thugs" aren't an essential component of property rights. (Are we talking bailiffs, the police, or some other party here?)

Not sure what this has to do with tax rates.
 
"Licensed thugs" aren't an essential component of property rights. (Are we talking bailiffs, the police, or some other party here?)

Not sure what this has to do with tax rates.

Well, I think I'm right in saying that if you don't move out of your home once a possession order's been granted by a court, then the police will attend and force you to, or alternatively bailiffs will force you to and the police will attend to ensure you don't cause any trouble to the bailiffs.
 
My case doesn't rest on the moral worth of X rich person, but on the benefit that comes from upholding individual property rights.

Yes, the benefit to people who own property - and detriment to those who don't.
 
Virtually all of us own property of some kind. (Unless we're to make a distinction between "property" and "possessions".) A measure of private economic security is the our best means of independence.
 
quote

Those polled significantly underestimated the cost to the Exchequer of tax avoidance by the wealthy and over-estimated the cost of benefit fraud.

unquote

Funny coincidence! - that's exactly how the media portray it too.:rolleyes:
TAX AVOIDANCE: My company sucks in revenue of £250,000. Unfortunately we have to pay out £100,000 on materials, premises and labour. I avoid paying tax on the £100,000 expense.

Fuck me, naughty or what?

TAX EVASION: I get half my clients to pay me overseas in a "quiet" account, but still offset the £100,000 expenses.

Now THAT'S evasion.

Whereas the benefit fraudsters ...
 
It always comes from extremely hard work. The hard work of the hundreds, thousands or tens of thousands of people the worthless parasites have exploited. Or in many cases, the people their parents or other ancestors have exploited.

Well, I've worked in a range of jobs from fast food joints through to IT via telephone sales.

I'd say that some of the burger flippers I've met worked harder than some of the IT people and vice versa, obviously with a huge difference in income.

So, are you saying we should tax people on how hard they work, given that that has no absolute correlation to income? And, possibly, making the assumption that the less you earn the harder you work, which patently isn't a rule of thumb?

Or have I misunderstood?
 
My case doesn't rest on the moral worth of X rich person, but on the benefit that comes from upholding individual property rights. If the state can plunder wealth when it's convenient, it implies that our property is ours by the state's good grace, instead of ours by absolute right.
The whole ability to have wealth at any kind of level above the trivial is entirely a result of the mechanisms and processes contained within the state. Therefore, your property is indeed yours only by the state's good grace.

Just look at it pragmatically to see that this must be the case -- any kind of notion of "rights" must contain within it the ability to enforce those rights, or they are simply completely meaningless. There is no "inherent" right to property.
 
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