I don't like having to pay 40% tax, and I'd like to see that changes be made so that i am allowed to spend the money i earn on what i want to rather than what i am told to spend it on.
http://www.tnr.com/article/books-and-arts/wealthcare-0The bottom 99 percent of taxpayers pay 29.4 percent of their income in local, state, and federal taxes. The top 1 percent pay an average total tax rate of 30.9 percent...
Well, to be fair, he does appear to be in the UK, not the US. However, 40% is the top marginal rate of income tax, so it is still hard to believe that's what he's paying.Please, either you're lying about your income or you have a terrible accountant.
Right now the income tax rate on the top marginal bracket is 36%. Most tax whiners use the income tax because it's the most progressive form of taxation.
State and local taxes, however, tend to be massively regressive, because people with means would simply relocate if it were otherwise.
Well, to be fair, he does appear to be in the UK, not the US. However, 40% is the top marginal rate of income tax, so it is still hard to believe that's what he's paying.
you have a terrible accountant.
So unjust.
If you're paying 40%, you're getting hosed.
i don't mind cause it provides welfare for inadequate folk like you.
Do you know my accountant?
[...]
I'm used to the Fruitloops on the Land not making any sense, but paying taxes "chives" 1pso? Anyone know what this means? I've never encountered the word used in this context before.
Not any kind I recognise, unless paying tax really does make him feel like a small alliaceous plant.I think he's speaking British.
I'm used to the Fruitloops on the Land not making any sense, but paying taxes "chives" 1pso? Anyone know what this means? I've never encountered the word used in this context before.
I think he's speaking British.
Do you know my accountant?
Obviously you are in a better place to understand my tax payments than he is, and when I next see him I will raise issue with him re your concerns![]()
It isn't so much I mind paying taxes, it is what the taxes are spent on that chives me. If the money collected via tax is spent on making the system a better system, rather than funding a failing health service and off-setting the Gov's mistakes - then taxes would go a little way to being fair.
As taxpayers we are rewarding very bad accounting and decision making in the top ledgers of Gov, £50 million pounds of council tax money was lost in duff investments last year – course it is the taxpayer who foots the bill for that - tell me if you think that is a fair way to balance the books? Having lost the taxpayers money (council tax) in duff investments, the taxpayer is saddled with the bill in higher rates of tax!
When the Gov lost £50 million, everyone complained and moaned about it and they shook their heads – nothing more was done about it, the Gov got away with it, and they then got away with adding levy to future taxation classes to cover their losses! Ludicrous. It fails me why people like BobH are happy about paying taxes –
Bob, i have news for you, tax pays for debts and lost gambles. If we took away all interest, and stop paying off the Gov's debts, how much do you think the cost of living would come down? 50%? 60%? Read more like 80?
When you buy a thing from a shop you pay the interest on the loan that was taken out by the company to buy that thing. You also pay the interest on the payments that company make to the mortgage lender for the loan on their business premises, the interest on the loan that the company took when it started up, the interest on the loans that their wholesalers took in purchasing the goods and the interest on their mortgage, the interest on the costs of transportation – all that interest is taxable, vat is added and is paid for at the end of a long road by Bob Hawk who buys the thing. And somehow tax is fair.
Although my sophistication marks me as a man of the world, I'm British. "Chives" ain't no term what I've ever heard used to refer to anything but the onion. Wiki mentions there's a couple of place names available, but that doesn't make 1pso's sentence make any more sense.
chive n. chive the result of being chiffed a slap/smack on the side of one's head
I recieved an awful chive from my mom when I left my dirty dishes in the sink.
Chive Slang used to describe someone who is out of the ordinary. When one has been acting strange or dimwitted.
"stop being a chive"
"Your a big chive Qdini"
If you're paying 40% tax then I'm glad I don't know your accountant.
You might be paying that on the higher chunk of your income, but not on your income overall.
The country's health in general is significantly better than it was 65 years ago, and that's largely down to the availability of health care. So no, it's not a failing health service. Unless you read the Daily Mail...
I think you'll find that private investors lost more in (for example) Iceland than councils. There's nothing magical about a council that they will avoid making bad investments.
As for balancing the books, how else should a council go about it? They could cut all services, but that would be throwing the poorest in society to the wolves.
Again, how should the government cover the losses?
If you stopped paying off the governments debts the UK would be crippled as there would be no one willing to loan to a nation of defaulters. We would be unable to pay for any services (police, fire, armed forces, teachers, hospitals).
I really don't think you've thought about this beyond a level of "I don't like paying taxes, so they're not fair".
I suspect he's using it in this sense:
But we might want to consider this version: