Scottish Income tax

[robin]

Fudnugget - shamelessly stolen from a Chris Brookmyre book I am reading

Another favourite of mine was describing a certain X-factor proprietor and host as a "wank hammock".

Some of his books will make you laugh out loud (if you live in Scotland - I suspect a lot of it lost on the rest of the world - a bit like RabC/Still Game meets Trainspotting ).

Cheers,
Robin

[robin]

i am now at the point of just have another fecking indyref.
get it over with. 2 nos and they are out.

and if folk vote yes, then watch the carnage, and ill be having a pint watching and shaking my head.

Please no (not vote no, I mean no to another referendum).

Cheers,
Robin

[tut]

The next Referendum will be a "Yes" vote, check the bookie odds when it comes about.

The SNP will soon rule the World, never mind just Scotland.

tut

[BiggestNizzy]

I also love this about how tax works explanation

Suppose that, every day, ten men go out for beer and the bill for all ten comes to £100.
If they paid their bill the way we pay our taxes, it would go something like this...
Stuff

Tax is returned as public services, beer is a consumable. Everyone likes using NHS, education, roads, etc etc

Maybe a better analogy would be the guys at the top getting all the beer and the poor at the bottom getting to watch?

[c8rkh]

Your analogy is totally flooked @BiggestNizzy.
The guys at the top would pay for all the beer and then THEY would watch the poor at the bottom drinking it. Then the poor would hand them the glasses, tell them to get ta feck y'oos knobs and go and clean them bloody glasses ready for the next round.
That is the real reality of it for the guys near the top (i.e. work bloody hard, paid bloody well, but not millionaires etc, just normal guys who worked hard and made a go of it).

[thinfourth]

http://www.telegraph.co.uk/finance/pers ... llion.html

[campbell]

The bit about mobility of the high contributing minority is interesting. Do we actually know that they are mobile? Wonder if anyone has asked any of them.

Sent from my SGP521 using Tapatalk

[BiggestNizzy]

Better data here

https://www.gov.uk/government/statistic ... come-range

http://www.telegraph.co.uk/finance/pers ... llion.html

Are they/you really moaning that the people of more than £2.6m a year pay more tax than the people who earn <£15k a year? Your lifestyle relates to how much money you have after you have paid your tax, put a roof over your head and fed you and your family. I see more people struggling to do that at the bottom end than at the top. I read in an report than on average we pay £10k tax per year. Should we change it to that instead?

Also financial reward is in no way relative to how hard you work.

[thinfourth]

Better data here

https://www.gov.uk/government/statistic ... come-range

http://www.telegraph.co.uk/finance/pers ... llion.html

Are they/you really moaning that the people of more than £2.6m a year pay more tax than the people who earn <£15k a year? Your lifestyle relates to how much money you have after you have paid your tax, put a roof over your head and fed you and your family. I see more people struggling to do that at the bottom end than at the top. I read in an report than on average we pay £10k tax per year. Should we change it to that instead?

Also financial reward is in no way relative to how hard you work.

no i am pointing out that the "rich" pay far more tax then the poor

The common view from the loony left is the rich pay ZERO tax and the poor are on 187% tax

or in other words

Maybe a better analogy would be the guys at the top getting all the beer and the poor at the bottom getting to watch?

Which is patently bollocks

So the cry of the rich should pay more tax I believe is more to do with the UKs hatred of success then any real motivation to help the poor

[campbell]

Also financial reward is in no way relative to how hard you work.

Genuinely interested. Discuss?

(I think I worked harder the last 3 months than at just about any time previous in my working life. The financial reward does look like it's going to be relative. Am I an anomaly then? - careful how you answer, LOL!)

[BiggestNizzy]

Shouldn't the wealthy pay more tax than the poor? As I said if we all paid the same tax the poor would end up having to pay more than they earn.

As for financial reward being relative to hard work, does people who earn more than you work harder than you ? Are you working harder than the guy who digs ditches for a living? Does Someone making £2.6m a year )0.1%) work 175 x harder than someone on minimum wage?

[thinfourth]

Shouldn't the wealthy pay more tax than the poor? As I said if we all paid the same tax the poor would end up having to pay more than they earn.

As for financial reward being relative to hard work, does people who earn more than you work harder than you ? Are you working harder than the guy who digs ditches for a living? Does Someone making £2.6m a year )0.1%) work 175 x harder than someone on minimum wage?

No one has ever said the guy digging a ditch pays the same tax as someone on 2.6m a year

I see no reason why they should not pay the same percentage

But as it stands they don't


The guy digging ditches on minimum wage will earn about £14K on which they will pay about £600 a year in income tax

The guy on 2.8m will pay £1,246,100

Or about 2077 times more tax then mr ditch digger

Want that in percentages?

Ditch digger = 4.2%

Rich scum = 44.5%


So tell me the rich aren't paying tax

[neil]

I know which of the two I'd rather be!

[campbell]

Understand now, Nizzy.

So are you seeking an approach where the challenge of the work is objectively calibrated, and a physically very committed ditch digger earns considerably more than, say, a very disengaged and lazy middle management corporate type?

[David]

How hard you work, or how much you earn is not the point.

The point is that the majority of the tax is paid by a minority of the tax payers. It's a system that relies on a stable balance between those who can pay and those who can't. In practical terms in means the 'minority rich' tend to be treated with respect by the governments of successful countries. The danger with emerging populist parties such as the SNP is that their policies are driven to bite the hand that feeds them. I just hope that any changes are slow enough to kept in sync with their accountability.