How about paying less tax the more you earn? "Not so daft"

[Notch7]

what other factors come on list them . and you will see i put the main one first .

You said:

uk tax rate was cut higher tax a few years back it resulted in an extra 8 billion in revenue

Which tax rate do you claim was cut

And what year do you claim there was an extra £8b revenue.

 

[Notch7]

No, he didn’t. Another falsehood by liar7.

I see the cowardly Mottie still hasn’t said why he supports Reform party.

Maybe he could tell the top reason……

 

[gas112]

You said:

Which tax rate do you claim was cut

And what year do you claim there was an extra £8b revenue.

you must know as you have already answered it by saying it was down to other factors
So list them

 

[Mottie]

I see the cowardly Mottie still hasn’t said why he supports Reform party.

I see Swerve7 still hasn’t denied that his alter ego liar7 just posts random lies about other members.,

 

[diy_fun_uk]

Potholes wouldn’t be filled and hospitals would close. The super rich don’t want to pay any tax. Low tax as a political aim is misplaced. You need to identify what a good level of public services will cost and tax accordingly

I doubt the super rich don't want to pay any tax in reality (I say in reality because we'd all love to pay no tax in fantasy land) however neither will they want to be shafted just because they have more.

I agree, we need to reassess the whole shebang, including those not working long term and getting them back into work, where they can contribute to the tax take instead of just being a drain on resources.

 

[MNW67]

you must know as you have already answered it by saying it was down to other factors
So list them

Usually when this sort of thing happens, it is because of a time limited tax reduction. Lots of rich people move their income or wealth around to declare it in the tax year when the lower rate applies. But it isn't a long term effect.

 

[MNW67]

Tax havens are very boring. Ricky Parfitt wrote a song for Status Quo, called Living on An Island, about the most boring year of his life, living as a tax exile on Jersey.

 

[Deleted member 323070]

To be clear you are HAPPY that rich high tax paying people are leaving the uk, taking their spending elsewhere

If so you are dumb

To be clear, you appear to be making a habit of assigning comments to people who have never uttered such comments.

 

[gas112]

To be clear, you appear to be making a habit of assigning comments to people who have never uttered such comments.

bit like yourself then Notch !

 

[motorbiking]

Spoken by the only builder in the country that only accepts payment by bank transfer and won’t let dirty cash touch his hands.

Fred West was a builder, I often wondered about how he made his money, apart from having his wife on the game that is.

 

[motorbiking]

when the uk tax rate was cut higher tax a few years back it resulted in an extra 8 billion in revenue this was a mixture of people holding back tax due and people thinking no need to hide as much and paying accountants etc i might as well declare it

and the reverse has just happened. CGT tax increases have meant people just structure it differently. = less tax

If I buy stock at X and sell it at X+Y. I am taxed on Y. If get someone else to do it and my share simply increases in value there is no gain.