Results 1 to 30 of 30

Thread: The UK Taxpayers Alliance is led by Crooks

Threaded View

Previous Post Previous Post   Next Post Next Post
  1. #12
    BrownWings: AirViceMarshall Senior Member Furunculus's Avatar
    Join Date
    Oct 2003
    Location
    Forever adrift
    Posts
    5,958

    Default Re: The UK Taxpayers Alliance is led by Crooks

    Quote Originally Posted by Philipvs Vallindervs Calicvla View Post
    That would be communism, essentially everything would be taken in in tax, and then handed out again. Alternatively, everyone would work and no one would be paid.

    The system doesn't work. Practically, I don't believe gross tax should ever be above 50%, given the fact that we now have a 50% income tax, and local, road, fuel etc. taxes on top; one might ask what the gross tax burden is now.

    It has to be above 50%, which means people work more to support the State than themselves.
    it is a simple fact, as i am sure you are not unaware of, that lowering the level of taxation relative to total wealth increases the rate of growth, and that this has been shown in recent british history to increase the revenue take brought into the exchequer and thus boosting public spending, and all this is done while leaving more money in the pocket of the man on the street.

    his welfare is principally derived by how much he can make and keep, not by how much the government can give back to him in public spending.

    let me re-iterate for Beskars purposes:

    > less taxation = more public spending
    > public spending of 43%+ of GDP is depressing growth = poorer people and lower public spending long term
    > public spending of 43% of GDP + massive deficit borrowing in boom-time whilst doing nothing to save for the other end of the cycle is gross negligence

    interestingly enough, and article on Gladstone discussing exactly this issue:
    http://www.telegraph.co.uk/comment/c...n-country.html
    Last edited by Furunculus; 12-23-2009 at 10:17.
    Furunculus Maneuver: Adopt a highly logical position on a controversial subject where you cannot disagree with the merits of the proposal, only disagree with an opinion based on fundamental values. - Beskar

Bookmarks

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •  
Single Sign On provided by vBSSO