daily menu » rate the banner | guess the city | one on oneforums map | privacy policy | DMCA | news magazine | posting guidelines

Go Back   SkyscraperCity > European Forums > UK & Ireland Architecture Forums > Projects and Construction > Manchester Metro Area

Manchester Metro Area For Manchester, Salford and the surrounding area.



Global Announcement

As a general reminder, please respect others and respect copyrights. Go here to familiarize yourself with our posting policy.


View Poll Results: What party are you voting for?
Conservative 40 28.57%
Labour 70 50.00%
Lib Dem 19 13.57%
Green 1 0.71%
UKIP 1 0.71%
Independant 0 0%
Other 1 0.71%
Undecided 4 2.86%
Not Voting 4 2.86%
Voters: 140. You may not vote on this poll

Reply

 
Thread Tools
Old June 13th, 2017, 01:39 AM   #201
Wub
Registered User
 
Join Date: Sep 2016
Posts: 789
Likes (Received): 1712

Quote:
Originally Posted by Fernando Partridge View Post
It's fairly pointless talking about the top 5% of earners without talking about what they earn.
It's somewhere above £70,000 before tax.

Quote:
Originally Posted by LozzaBoy
Besides the first £12500 of someones salary isn't taxed at all so the poorer you are the fewer taxes you pay (which I personally find wrong as I think everyone should pay into the system).
Everybody does pay into the system. Even those on the lowest 1 percent of incomes still pay a couple of hundred in taxes such as VAT and duties. The larger personal allowance for income tax simply makes for a more efficient tax/benefit system and encourages people to see their income as something they earnt. I would have thought you approve of such a thing?
Wub no está en línea   Reply With Quote

Sponsored Links
Old June 13th, 2017, 11:05 PM   #202
Michael Higginson
Registered User
 
Join Date: Aug 2009
Location: Manchester
Posts: 118
Likes (Received): 27

Quote:
Originally Posted by Lozzaboy View Post
Aneador- The IFS stated in 2016 that nearly HALF of all Britons don't pay any income tax! The top 5% of earners pay 50% of all income tax with 30% of all income tax paid for by the top 1% -so 300,000 people pay nearly a quarter of ALL income tax in the UK!
Those with the biggest shoulders should bear the biggest tax responsibility, which is fair, But unless the ISF are talking baloney then I doubt working families and the disabled are exclusively paying the lifestyles of the "rich" as you say.
Besides the first £12500 of someones salary isn't taxed at all so the poorer you are the fewer taxes you pay (which I personally find wrong asI think everyone should pay into the system).

Plus as everyone lives to their means how does one define what 'rich' is? and how does one define what's fair or not? It's like me saying because I'm not rich then my you shouldn't be allowed to be rich either.
£11,500 is the Personal Allowance for tax year 17/18 and NIC's start at £8,164.
Michael Higginson no está en línea   Reply With Quote
Old June 14th, 2017, 12:03 AM   #203
urbnist
Registered User
 
Join Date: Oct 2011
Posts: 803
Likes (Received): 655

Quote:
Originally Posted by Wub View Post
Everybody does pay into the system. Even those on the lowest 1 percent of incomes still pay a couple of hundred in taxes such as VAT and duties.
Quite.

The BBC reported a study recently which, found that the poorest paid approximately 35% of their income in tax whereas the wealthiest paid about 34% when taking into account all direct and indirect forms of taxation. The other point to make about fairness is that whilst the personal allowance has gone up, public services (upon which the less affluent make disproportionate use of) have been slashed.

In addition the fact that the wealthiest contribute such a large proportion of total income tax take isn't an indicator of unfairness but of inequality which is a point that "Lord" Alan Sugar singularly failed to grasp when he tweeted a picture of a cheque for some £50m to pay his tax bill recently. And sure enough, when you look at international comparisons of the Gini coefficient (a measure of inequality) you find that the UK is one of the most unequal countries in the developed world when it comes to income.
__________________
Concilio et Labore
urbnist no está en línea   Reply With Quote


Reply

Thread Tools

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off

Related topics on SkyscraperCity


All times are GMT +2. The time now is 04:26 AM.


Powered by vBulletin® Version 3.8.11 Beta 4
Copyright ©2000 - 2018, vBulletin Solutions Inc.
Feedback Buttons provided by Advanced Post Thanks / Like (Pro) - vBulletin Mods & Addons Copyright © 2018 DragonByte Technologies Ltd.

vBulletin Optimisation provided by vB Optimise (Pro) - vBulletin Mods & Addons Copyright © 2018 DragonByte Technologies Ltd.

SkyscraperCity ☆ In Urbanity We trust ☆ about us | privacy policy | DMCA policy

tech management by Sysprosium