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There is the argument that those that 'spunk it up the wall' are paying more tax because they're paying VAT on what they spend it on. Showing restraint and saving shouldn't be discouraged but there has to come a point whereby the amount saved becomes extortionate and it should be taxable in...

As is your right. Point was that tax is seen as this terrible thing that is a complete waste and has virtually no benefit whereas things like dividends should be lauded and encouraged despite it often just being added onto someone already large bank balance. Last time I checked making sure...

The problem with tax is it's a dirty word that the rich have spent a long time convincing people is a bad thing. It needs a rebrand. It's a public dividend.

If that nurse had significant pension payouts then yes.

There's nothing to stop there being a LEL for it. If you set it at the rate of the state pension everyone recieving that would be exempt. Then it gets paid on private pensions.

I'm quoting percentage because that's what the definition of progressive/regressive taxes are. A progressive tax is one where the percentage paid progessively increases the more you earn. A regressive tax is one where the percentage contributed regresses the more you earn.

Perhaps he was out on the piss in Canary Wharf after his dad's funeral?

So the govt is actively suggesting loads of people are dying on thier watch from Covid that actually aren't to make people stay at home and shut things? Yep, I can see how that would increase their popularity and make them look good.

Well, the argument is they're still using the services. And as more and more people get older the system has more and more people to care for with less and less people contributing. They still pay income tax. When it was started the amount you contributed paid for those now and then future...

Claiming it's progressive because there's a LEL under which people don't contribute is a bit of a stretch. Once you start contributing the percentage you pay goes down the more you earn. That makes it regressive.

You were the one that equated higher earnings as people 'bettering themselves'.

You practically accused the government of making up the death statistics as an excuse to bring lockdowns back

No it isn't. It's actually a regressive tax because above a certain level the percentage contributed goes down

Hence a wealth tax amongst other things... 'Better' themselves. So I guess all nurses should fuck off their job and do something that earns more so they can 'better' themsleves. Perhaps they could sell expensive tat to trendy people? Or become an influencer? Richer does not mean better, If...

Not sure why you're so obsessed with thinking this government wants lockdowns. They've consistently left the decision until way too late in order to try and keep things open until the situation has got so bad it's unavoidable. Their donors and mates want things open so they can make more...

Except for all those established business that were ignored for start-ups by Tory mates that either didn't send any equipment at all or stuff that wasn't fit for purpose...

Just because income tax increases doesn't mean there should be a let-off from NI. That's the whole point of the system. Those more able to, pay. What about the large amounts of income the rich have access to which aren't affected by income tax, like dividends, rental income, investments. A lot...

That's the attitude of a cap-doffer. The rich have always got away with it so why even bother trying. We're all getting butt-fucked by them. But I sure as hell am not going to hand them the lube.

The ceiling on it is pretty low so once you earn over a certain amount you don't pay any more. So as you say those not earning pay nothing. Those earning loads pay a lot less proportionately than those that don't. So the biggest burden is on those middle income workers. You missed out a word...

It's not about 'savings'. Loads of people want savings but don't have enough to do so. Look at the fortunes of the rich during the pandemic compared to everyone else. They've made a fortune when supposedly the world is being crippled economically by a pandemic. How did they make that much money...