Comments on Tory Bear - right-wing political gossip: Quote of the Decade

The gap keeps growing because the tax system is di...

2010-01-19T18:56:52.423Z

The gap keeps growing because the tax system is disproportionate. Those who can command higher salaries have to aim significantly higher as they are taxed significantly more.

We need a flat rate with the first £10 being untaxed.

I saved this on my desktop in June 2008, how are y...

2010-01-19T16:21:51.516Z

I saved this on my desktop in June 2008, how are you people just hearing about it?

Well Jack - one moral of the story is that if you ...

2010-01-19T14:40:50.240Z

Well Jack - one moral of the story is that if you drive away the filthy rich you have to find the money from somewhere else. The Lib Dem Voice article you linked to has some interesting information and comments. Apparently the IFS have calculated that Brown will make much less than he predicts from the new 50% tax rate as those subject to it will relocate abroad or opt for more leisure time. You can't force them to stay or force them to work. Also "....many economists may consider that the UK has already reached the apex of the so called ‘laffer curve’ whereby further increasing the overall tax burden may actually diminish tax yields."
In today's global economy tax jurisdictions are competing for high earners. In Switzerland you can even negotiate!
Monetarism has nothing to do with greed. Inflation is a great generator of inequality and monetarism is a mechanism to control inflation. The idea that greed was 'legitimised' during the 1980s was to do with the lowering of personal tax rates. But (see above) higher tax rates lead to LESS tax revenue so they are not the answer. They may make the rich poorer but they do not make the poor richer. A policy which makes everyone poorer has little to recommend it. Unfortunately, just as the public finances were turning around in the mid 1990s New Labour got in. They have spent lots of money and achieved very little. Now they're bringing back high taxes. Next they will bring back inflation courtesy of 'quantative easing'. The poor are in for another clobbering. How would you sort it out?

and how does "So, the bar owner suggested tha...

2010-01-19T12:23:13.443Z

and how does "So, the bar owner suggested that it would be fair to reduce each man’s bill by a higher percentage the poorer he was, following the principle of the tax system they had been using"

what principle?

You are mostly all missing the point - I doubt if ...

2010-01-19T12:13:05.666Z

You are mostly all missing the point - I doubt if the person would 'get a good kicking' because most people would recognise that they are all proportionately better off - the innate British sense of fair play would be what would 'kick in'. I think you show yourselves to be the kind of monetary focused (and stingy) Tories in your response to my first post - that I think you are despite the airbrushed image your smooth (faced and) talking leader is trying to project...

The more likely scenario is that the pub landlord says - "I am sorry guys but the bastards in the city run conglomerate that now runs the brewery have put up my costs so much (to pay for their fat cat bonuses) that I am going to have to charge you £120 next week." When they divvy that out - the richest guy will pay proportionately more.

But you won't get that though - will you?

Just like New Labour, you still blithely believe in the trickle down theory of capitalism - in a world where inequalities have become ever greater over the years since monetarism first legitimised greed.

The moral of that story is to not go drinking with...

2010-01-19T12:08:46.345Z

The moral of that story is to not go drinking with peasants.

It is a very old story, with a logically flawed me...

2010-01-19T11:54:25.586Z

It is a very old story, with a logically flawed message.

But if Labour sit there and believe the first part, and if the Tories sit there and believe the second part, it isn't surprising.

Proportion vs amount, how exciting.

An argument that is far beyong the comprehension o...

2010-01-19T11:28:52.324Z

An argument that is far beyong the comprehension of Labours' thick client state. As Jack so demonstrably shows.

Socialism to a tee, only in Labours eyes the barma...

2010-01-19T10:15:16.195Z

Socialism to a tee, only in Labours eyes the barman would be accused of making too much profit and a demand to pay the remainder of what they couldn't afford be levied on him.

"Jack said... and the moral of the story...

2010-01-19T09:04:43.841Z

"Jack said...

and the moral of the story is what exactly - apart from it being a pseudo-clever exercise in GCSE maths...??"
If you need that explaining, you're obviously one of the first four, who paid nothing.

https://www.libdemvoice.org/?p=16524&utm_source...

2010-01-19T09:04:25.449Z

https://www.libdemvoice.org/?p=16524&utm_source=tweet&utm_medium=twitter&utm_campaign=a

Opinion: Why we should all be 40% taxpayers!

and the moral of the story is what exactly - apart...

2010-01-19T08:54:58.539Z

and the moral of the story is what exactly - apart from it being a pseudo-clever exercise in GCSE maths...??