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Author Topic: 10pence tax band  (Read 23802 times)
Claw75
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« Reply #30 on: April 19, 2008, 07:42:25 PM »

the whole point of the 10p tax band for the first  £2000 was to help people on a low income, i thought it was a great idea, brown keeps talking about benifits and people being better off than they where, to me it goes against 1 of  labours basic policies on helping the low paid, he is making a big mistake i think.

have to agree.  Most of us will be better off, yes, but it's the very people that the 10% band was introduced to help that are being penalised by the change.  So the majority of people will pay less tax, so I can't see that there's any benefit to the government from the change, unless they really think the majority of the British public are so shallow that they will cast their vote for a party that gives them, personally, a little bit more cash in their pocket every month.
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Claw75
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« Reply #31 on: April 19, 2008, 07:43:30 PM »

the whole point of the 10p tax band for the first  £2000 was to help people on a low income, i thought it was a great idea, brown keeps talking about benifits and people being better off than they where, to me it goes against 1 of  labours basic policies on helping the low paid, he is making a big mistake i think.

im fully aware this will offend some but......

people who benefit most from this 10p band are less likely to vote. those earning more vote more often.


I think that's a part of it too.  Doesn't make it right though, and it's not necessarily a vote winner for those earning more.
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« Reply #32 on: April 19, 2008, 07:45:47 PM »

the whole point of the 10p tax band for the first  £2000 was to help people on a low income, i thought it was a great idea, brown keeps talking about benifits and people being better off than they where, to me it goes against 1 of  labours basic policies on helping the low paid, he is making a big mistake i think.

have to agree.  Most of us will be better off, yes, but it's the very people that the 10% band was introduced to help that are being penalised by the change.  So the majority of people will pay less tax, so I can't see that there's any benefit to the government from the change, unless they really think the majority of the British public are so shallow that they will cast their vote for a party that gives them, personally, a little bit more cash in their pocket every month.

sorry to dissapoint you claw but that is exactly how most people decide who to vote for...

that is apart from the 'i vote labour cos my dad did' brigade.
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Claw75
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« Reply #33 on: April 19, 2008, 07:50:27 PM »

the whole point of the 10p tax band for the first  £2000 was to help people on a low income, i thought it was a great idea, brown keeps talking about benifits and people being better off than they where, to me it goes against 1 of  labours basic policies on helping the low paid, he is making a big mistake i think.

have to agree.  Most of us will be better off, yes, but it's the very people that the 10% band was introduced to help that are being penalised by the change.  So the majority of people will pay less tax, so I can't see that there's any benefit to the government from the change, unless they really think the majority of the British public are so shallow that they will cast their vote for a party that gives them, personally, a little bit more cash in their pocket every month.

sorry to dissapoint you claw but that is exactly how most people decide who to vote for...


I don't know, I would have thought more people would vote for policies aimed at improving education and the health service, or around dealing with crime or immigration issues rather than having an extra few quid a month 
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« Reply #34 on: April 19, 2008, 07:56:53 PM »

the whole point of the 10p tax band for the first  £2000 was to help people on a low income, i thought it was a great idea, brown keeps talking about benifits and people being better off than they where, to me it goes against 1 of  labours basic policies on helping the low paid, he is making a big mistake i think.

have to agree.  Most of us will be better off, yes, but it's the very people that the 10% band was introduced to help that are being penalised by the change.  So the majority of people will pay less tax, so I can't see that there's any benefit to the government from the change, unless they really think the majority of the British public are so shallow that they will cast their vote for a party that gives them, personally, a little bit more cash in their pocket every month.

sorry to dissapoint you claw but that is exactly how most people decide who to vote for...


I don't know, I would have thought more people would vote for policies aimed at improving education and the health service, or around dealing with crime or immigration issues rather than having an extra few quid a month 

sure some do..and if you ask most will say that is how they decide.

i hope im too cynical and you are right. however im afraid my cynicism is just realism
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« Reply #35 on: April 19, 2008, 08:02:51 PM »

£14 a month for someone earning £8k a year is a huge amount

this tax change hurts the less well off while helping those earning more

meaning its harder for people on benifits to get into work without

being worse off


i am no socialist infact i come from a capitilist background but this new tax change is completly wrong taxing the poor for the benifit of the rich is bad government
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« Reply #36 on: April 19, 2008, 08:07:36 PM »

the whole point of the 10p tax band for the first  £2000 was to help people on a low income, i thought it was a great idea, brown keeps talking about benifits and people being better off than they where, to me it goes against 1 of  labours basic policies on helping the low paid, he is making a big mistake i think.

have to agree.  Most of us will be better off, yes, but it's the very people that the 10% band was introduced to help that are being penalised by the change.  So the majority of people will pay less tax, so I can't see that there's any benefit to the government from the change, unless they really think the majority of the British public are so shallow that they will cast their vote for a party that gives them, personally, a little bit more cash in their pocket every month.

sorry to dissapoint you claw but that is exactly how most people decide who to vote for...


I don't know, I would have thought more people would vote for policies aimed at improving education and the health service, or around dealing with crime or immigration issues rather than having an extra few quid a month 
i think most people have made there mind up for so many different reasons before an election who they they will vote for,there are always a lot of undecided votes to be won ,dont think its the majority though, they dont have to be bought , i remember thatcher was way behind in the polls, she told all houseowners if  labour get in the interest rate will rise and rise, she scared a few people into voting tory who thought they might loose there homes by voting labour,
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Jon MW
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« Reply #37 on: April 19, 2008, 08:10:32 PM »

the whole point of the 10p tax band for the first  £2000 was to help people on a low income, i thought it was a great idea, brown keeps talking about benifits and people being better off than they where, to me it goes against 1 of  labours basic policies on helping the low paid, he is making a big mistake i think.

have to agree.  Most of us will be better off, yes, but it's the very people that the 10% band was introduced to help that are being penalised by the change.  So the majority of people will pay less tax, so I can't see that there's any benefit to the government from the change, unless they really think the majority of the British public are so shallow that they will cast their vote for a party that gives them, personally, a little bit more cash in their pocket every month.


The vast majority of people in the country earn less than £18k per year so - most of us - will be worse off.

It will be a fairly irrelevant amount to the majority of those affected, but they'll still be worse off.

When asked about what their priorities are the majority of the electorate say things like education and health - but in nearly every modern election they've ended up voting for the party that will leave them with the most money in their pockets.
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« Reply #38 on: April 19, 2008, 08:23:53 PM »

the whole point of the 10p tax band for the first  £2000 was to help people on a low income, i thought it was a great idea, brown keeps talking about benifits and people being better off than they where, to me it goes against 1 of  labours basic policies on helping the low paid, he is making a big mistake i think.

have to agree.  Most of us will be better off, yes, but it's the very people that the 10% band was introduced to help that are being penalised by the change.  So the majority of people will pay less tax, so I can't see that there's any benefit to the government from the change, unless they really think the majority of the British public are so shallow that they will cast their vote for a party that gives them, personally, a little bit more cash in their pocket every month.

sorry to dissapoint you claw but that is exactly how most people decide who to vote for...


I don't know, I would have thought more people would vote for policies aimed at improving education and the health service, or around dealing with crime or immigration issues rather than having an extra few quid a month 

no People claim that that's why they vote for some parties. Most people can't be bothered reading through a parties manifesto, they only vote on "who looks like a PM" and "who does the sun tell me is good for this country"..as well as "My dad voted for these guys so I will too" and "this makes me the most money"

People are greedy idiots..which is why a democracy is a bad idea.
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« Reply #39 on: April 19, 2008, 09:42:31 PM »

I'd sooner chew my own leg off than read a party manifesto. I'd also love to have the time to read what I expect to be a long and dry piece of marketing spiel that gives me no real confidence of what will get done anyway.

The beauty of a democracy is surely that they argue so much, and kick up enough of a fuss when something material kicks up, that they just keep themselves in check. Just give in a jump in with the rest of us rather than having the misconception that you can make a difference, and if there is a difference to be made.

As to people being greedy, hmm tricky. Is it wrong for someone to want the best for those close to them, rather than other? There are 6 billion people in this world. I have enough trouble worrying about keeping myself right (and I just mean generally not in a selfish way) to worry about people I dont know! Having said this I dont have a problem with tax and NI to improve equality.

When I did tax exams the 10% rate applied to the first 10,000, not 1000.

It works out that if you earn around 18k a year or more then you are better off (in terms of income tax payments!) under the new system.

Thats capital gains tax threshold which is 0% for the first £10,000. But I had cocked my figures up (and incidentaly the last tax return I filed) I have corrected them above.

I meant the first 10,000 after the personal allowance. I stand to be corrected though, it was 12 months ago since I passed it, and in all seriousness, enough time for me to have erased it from my memory!!

Something like:

Old:
Personal allowance   X @ 0%
Next 10,000 @ 10%
Up to 38k ish @22%
Over 38k ish @40%

New:
Personal Allowance  X @ 0%
up to 38k ish @20%
Over 38k @ 40%

Probably made it 10K in your exams to make it easier to pass them?

Definitely £2230 @ 10% rest at 22% until 40% rate kicks in

They will have used the proper figures, just as suggested, I seem to have manged to erase any tax knowledge from my mind - which is a bonus.
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« Reply #40 on: April 19, 2008, 10:21:08 PM »

Lot's of people seem to missing the point here.

All Government expenditure is paid from private industry.

The entire civil service bloat is paid from tax income from 'Key Industry' workers - e.g. People that make things / produce income.

CIVIL SERVANTS TAX PAID COMES FROM MY WAGE PACKET

Labour have used Tax Credits to make people reliant on the Government to provide 'working people' with a non-poverty wage, it's all votes at the ballot box.

Flat Tax ?

« Last Edit: April 19, 2008, 10:22:48 PM by Ecosse » Logged
taximan007
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« Reply #41 on: April 19, 2008, 10:31:35 PM »

What is the poverty line in the UK ?

How is it defined ?

Is a non-poverty wage not a good thing ?
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Ecosse
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« Reply #42 on: April 19, 2008, 10:33:42 PM »

What is the poverty line in the UK ?

How is it defined ?

Is a non-poverty wage not a good thing ?

Depends how many kids you have.  They keep adjusting the calculation depending on the government performance.

Think it's around 13.5K (with 2.4 children) at the moment.
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Ecosse
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« Reply #43 on: April 19, 2008, 10:37:03 PM »

What is the poverty line in the UK ?

How is it defined ?

Is a non-poverty wage not a good thing ?

With the credit crunch, record levels of inflation, soaring fuel bills from home gas heating to petrol, It's never been more RIP off Britain than before.

If you can afford to, I would get back on your hammock for a year or two.
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taximan007
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« Reply #44 on: April 19, 2008, 10:41:17 PM »

What is the poverty line in the UK ?

How is it defined ?

Is a non-poverty wage not a good thing ?

With the credit crunch, record levels of inflation, soaring fuel bills from home gas heating to petrol, It's never been more RIP off Britain than before.

If you can afford to, I would get back on your hammock for a year or two.


I wish i could, only when I say "broke" I mean having NO money whatsoever
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