Is it time to raise basic tax rate?

tigerfish replied on 18/11/2016 14:22

Posted on 18/11/2016 14:22

I hope that this does not become a Political Football because ALL Goverments have followed  similar Policies.

But today we are constantly hearing that our Police, Prisons, National Health, Defence etc etc are all in almost terminal decline due to underfunding.

Yet when I were now't but a lad, and Pontious was a Pilot, I recall that I believe I was paying about 30% basic rate of income tax.  Then we had properly funded public services and armed forces to defend us.  There were very few additional hidden stealth taxes so you knew where you were.

Then it became the fashion of Govts of all colours to reduce that basic rate in stages down to the current 20%.  But it seems that there is now no money to do anything. I hate the trend towards more and more hidden stealth taxes and personally would rather pay a more sensible general rate, and get back some proper public services. Or is it just me?

Please NO political dogma or blame etc. Just a straight forward view on whether paying a bit more tax to get a better service would be better, or is it better to do it the way we are?

So to rule out the arguements Straight forward answer.

(a) Pay more basic rate

(B) Stay as now.

Nothing more!

TF

byron replied on 18/11/2016 16:55

Posted on 18/11/2016 16:55

The problem with VAT is that the less well off have to pay the same rate as the wealthy, and there is no form of rebate, very unfair IMHO

replied on 18/11/2016 17:02

Posted on 18/11/2016 17:02

The user and all related content has been Deleted User

Takethedogalong replied on 18/11/2016 17:15

Posted on 18/11/2016 17:15

Wholeheartedly agree. There is more folks could do for themselves, even if it is only a bit of litter picking and leaf collection, or shovelling snow. Of course not everyone is fit and well enough to do it, but just a little can go a long way. I live on a tiny street of just twelve houses, two are occupied by very elderly, third by someone with cancer. We all keep the street tidy, one chap with an industrial leaf blower sorts out leaves, and everyone visits, shops and just generally cares for the elderly and poorly ones. I am about to rope in our local police inspector to tackle a few more issues, he lives local and cares as much as we do. I dislike the "not my job" mentality, caring for it amounts to owning it and taking a pride in it, and everyone benefits long term. I do of course hassle the council to make sure we do get at least one mechanical road sweep per year, think they owe us at least that much!Laughing

Takethedogalong replied on 18/11/2016 17:40

Posted on 18/11/2016 17:40

Not particularly Merve. More about society and morals. As in everyone working towards a better society, and upholding a decent set of values and morals, for the benefit of the masses. Funded by the masses!Happy

Bakers2 replied on 18/11/2016 18:29

Posted on 18/11/2016 18:29

Have you ever looked at the UK National debt clock? Wink

OMG. Thanks scared me witless! I wish I understood the number, or maybe I don't

young thomas replied on 18/11/2016 18:38

Posted on 18/11/2016 18:38

Briang, yes, in the 1970s the top rate was eye watering, it's easy to look up past rates on the internet. Smile

Let me tell you how it will be
There's one for you, nineteen for me
'Cause I'm the taxman, yeah, I'm the taxman
Should five per cent appear too small
Be thankful I don't take it all
'Cause I'm the taxman, yeah I'm the taxman
If you drive a car, I'll tax the street,
If you try to sit, I'll tax your seat.
If you get too cold I'll tax the heat,
If you take a walk, I'll tax your feet.
Don't ask me what I want it for
If you don't want to pay some more
'Cause I'm the taxman, yeah, I'm the taxman
Now my advice for those who die
Declare the pennies on your eyes
'Cause I'm the taxman, yeah, I'm the taxman
And you're working for no one but me.
 
 
the bold text equated to the 95% rate, and beautifully expressed in the song.... 
with thanks to George Harrison.

volvoman9 replied on 18/11/2016 18:40

Posted on 18/11/2016 18:40

In answer to the original question i say no the basic rate of tax is high enough at 20%.Couple this with all the other indirect taxation and we are paying more than enough towards the upkeep of this country.Any adjustment to tax should be made on the higher earners and business,s including the banks.

v9.

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