If you won zillions you'd have no need to pay tax if you so choose MW. Just take from your pension pot up to the tax threshold, put your zillions into an account that pays no interest and draw down however much you want. No Tax. Of course whoever inherits what's left of your fortune will have to pay inheritance tax, but if that upsets you just leave it all to me, I'll be more than happy to pay it.
That's a bit how I felt when I compared GST (Gov-Sales-Tax) in Canadahigh enough to get loads of money in!
Of course whoever inherits what's left of your fortune will have to pay inheritance tax, but if that upsets you just leave it all to me, I'll be more than happy to pay it.
Only if you win the zillions MWOk thanks, I might consider placing you in my will.
And that's it? a small blue emblem on some number plates? that's all you've got?When you get a moment to spare you must tell us how your life has improved because of it.
be glad to. first benefit can be seen in that we see less and less of the hated euro flag on car number plates.
No... there isn't... the word "fair" is subjective... not objective. Similarly, we may not agree on whether a particular lady is "beautiful"... that's also subjective (have you met the wife ?)Of course, there's such a thing as fair, we may not agree on what is fair but that doesn't mean there can't be a fair system.
Under that situation... if I paid a penny more than the others... to me, that's "unfair". You may have a different view... because it's a subjective term.If everyone was to pay the same amount, how much more in tax would you be prepared to pay before you used the word 'unfair'?
You need to think more on a macro scale... so imagine a whole town full of those little old ladies... you wouldn't need 18 bin lorries, but 1. You could close the police station (mind you, most already are...) You could close the housing department. You could probably remove 90% of the council... just think how much her council tax would be then !Your little old lady still has the same bin lorry coming to her with half a dozen bin men on board, they use the same road as your family of 7. She may not be a problem for the police, but she'll soon be on the phone to them if she has intruders. ...
You miss my point, if we all paid the same amout of tax every working person in th UK would pay about £20 000 in tax.Under that situation... if I paid a penny more than the others... to me, that's "unfair". You may have a different view... because it's a subjective term.
Yes... I can see the argument that it would be 'fair' as we are all paying the same amount... so technically that is a 'fair' tax policy.You miss my point, if we all paid the same amout of tax every working person in th UK would pay about £20 000 in tax.
Do you think that would be fair?
Consider me also! I don't mind paying a bit of tax on my zillions fortuneOk thanks, I might consider placing you in my will.
Consider me also! I don't mind paying a bit of tax on my zillions fortune
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Me personally, i'm still sitting on the fence about whether or not I think Brexit is a good idea. Too late now but, you ever get the feeling that maybe the grass isn't greener after all?
There you have it, that's how Brexit happened in one post.Yes... I can see the argument that it would be 'fair' as we are all paying the same amount... so technically that is a 'fair' tax policy.
What I said was... that such a tax policy could be described as 'fair' as we're all paying the same amount. It would of course never work for the reason you've noted. Similarly a tax policy where we all pay a flat rate of, say 10% of our income... could also be described as 'fair' as in percentage terms we're all paying the same, although someone earning say £30k by working 60hrs a week would pay twice the tax as someone working £15k and working only 30hrs a week... and spending the rest of the time on the sofa. Is that 'fair' ??You're happy for high earners to pay less tax at the expense of you paying a lot more, and you think it fair that someone earning £15 000 should pay £20 000 in tax.