Do you want to discuss boring politics? (23 Viewers)

Marty

Well-Known Member
Did I you may be right


268k is the max you're allowed to take as a tax free lump sum. So we know that your pension is at the very least close to 1.1 million.

When are you going to start redistributing your wealth or is it only others wealth you want to redistribute?
 

Ccfcisparks

Well-Known Member

268k is the max you're allowed to take as a tax free lump sum. So we know that your pension is at the very least close to 1.1 million.

When are you going to start redistributing your wealth or is it only others wealth you want to redistribute?
Very personal!!! How dare you look into how much Peter has earnt
 

mmttww

Well-Known Member
When are you going to start redistributing your wealth or is it only others wealth you want to redistribute?

as soon as he takes his pension by paying income tax on it would be my guess. Also hard to give any of it away when you can't withdraw money until retirement age and all that. Also don't think anyone on here would ever suggest folks give away parts of a pension whatever its size so this is a bit of a mad take.
 

Sky Blue Pete

Well-Known Member

268k is the max you're allowed to take as a tax free lump sum. So we know that your pension is at the very least close to 1.1 million.

When are you going to start redistributing your wealth or is it only others wealth you want to redistribute?
I think the figure is probably wrong
 

Grendel

Well-Known Member
as soon as he takes his pension by paying income tax on it would be my guess. Also hard to give any of it away when you can't withdraw money until retirement age and all that. Also don't think anyone on here would ever suggest folks give away parts of a pension whatever its size so this is a bit of a mad take.

25% is tax free and can be taken at 55
 

SkyBlueDom26

Well-Known Member
Yeah, got that. Still think telling people that favour wealth re-distribution that they should give up their personal pension is a weird take.
Why one rule for one and not another? Or do you just want handouts from successful people because it’s not fair that they make lots of money and worked hard….wait I think I know the answer
 

Sky Blue Pete

Well-Known Member
Why one rule for one and not another? Or do you just want handouts from successful people because it’s not fair that they make lots of money and worked hard….wait I think I know the answer
I’m very content to pay my taxes I actually consider it a privilege that I earn enough to make a sizeable contribution
 

Sick Boy

Super Moderator
Fair comment that is tbh, some of the clowns on here will be devastated at the thought and instead would want to pay no tax and make all the nasty rich employers pay it instead
Welcome....

Karl Marx Deal With It GIF by Amy
 

Sky_Blue_Dreamer

Well-Known Member
The poorest in society will always be worse off than the elite. Thats just a fact. But your argument that ONLY the rich benefit from them is factually incorrect as ive pointed out with actual evidence of real life people and situations to back that up over 2 posts.
Ive never said the elite dont benefit from any tax breaks, nor have I said the poorest households are living their best lives and splashing cash on 3 holidays a year etc. However, the tax personal tax rise didnt just help out the rich and the elite as you seem to think.

I get it, you're a left wing, Tory hater. And to admit that the poor have benefitted in any way from their policies is hard to admit. But my mum and dad, me and my family and my partners mum (nurse) are ALL living proof that the lower end (20% and lower) tax bracket rise, has helped us greatly. Granted, with wages stagnating and cost of living sky rocketing its plateaud us back out again, but that's not because of the personal tax costs, that's just because its a fucking awful market to live in.

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If you bothered to read what I put I didn't say that the tax changes hadn't benefitted everyone - I said they had disproportionately benefited those on higher incomes more and the fact there was a small benefit to lower income was a handy selling point. It's a smart way of helping the richer while being able to make it look like you're doing it for everyone.

And when you factor in the changes to benefits a lot of the lowest income end up worse off. But they don't shout about that as much do they?

And if you want to just look at from overall perspective, under the Tory's the richest have massively increased their wealth whilst the poorest are struggling more than ever with so many more people relying on food banks, people not being able to afford to heat their homes and more people not even having homes. But yeah they make changes that benefit everyone...
 

Sky Blue Pete

Well-Known Member
If you bothered to read what I put I didn't say that the tax changes hadn't benefitted everyone - I said they had disproportionately benefited those on higher incomes more and the fact there was a small benefit to lower income was a handy selling point. It's a smart way of helping the richer while being able to make it look like you're doing it for everyone.

And when you factor in the changes to benefits a lot of the lowest income end up worse off. But they don't shout about that as much do they?

And if you want to just look at from overall perspective, under the Tory's the richest have massively increased their wealth whilst the poorest are struggling more than ever with so many more people relying on food banks, people not being able to afford to heat their homes and more people not even having homes. But yeah they make changes that benefit everyone...
Even under Blair first term wealth inequality still escalated
Not quite the trump or reform plans though
It will bring down their societies though
 

Mucca Mad Boys

Well-Known Member
Even under Blair first term wealth inequality still escalated
Not quite the trump or reform plans though
It will bring down their societies though

What was the top rate of income tax when Blair was PM?

Raising tax every 6-12 months will also bring down our society, to use your lexicon.
 

Captain Dart

Well-Known Member
What was the top rate of income tax when Blair was PM?

Raising tax every 6-12 months will also bring down our society, to use your lexicon.
VAT was also lower under Bliar and indeed Thatcher, we are being royally screwed. If you want to help the poorest that is the tax to lower.
lightshot_1757346296.jpeg
 

SkyBlueDom26

Well-Known Member

Guess this immigrant is racist to then, bet this won’t suit the narrative of a few on here will it….clowns! Fair play to him and its sad how he feels guilty for flying our flags
 

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