Fab Foodie
Guru
Am not bleating!
Am all for it, and am also in favour of taxing aviation fuel. Personally I don't care if all flying is banned!
Last edited:
Climate Crisis: Are we doing enough?
- Thread starter Banderill
- Start date
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Am not bleating!
Am all for it, and am also in favour of taxing aviation fuel. Personally I don't care if all flying is banned!
icowden
Legendary Member
dutchguylivingintheuk
Über Member
Somehow taxes always hit the poor and slightly better off but never the rich and super rich, maybe that is the problem.
icowden
Legendary Member
Well not always...
The taxman once inspired this:-
View: https://youtu.be/gMdcE8jdz70?si=adTGXqGUCaZFxTD8
albion
Guru
https://inews.co.uk/news/tata-port-talbot-thousands-jobs-lost-2862998
The weekends weather, I am sure, could supply 365 days of the UK needs. So, such as this, is where the investent must be.
I would love a redox flow storage container in my garden.
The weekends weather, I am sure, could supply 365 days of the UK needs. So, such as this, is where the investent must be.
I would love a redox flow storage container in my garden.
qigong chimp
Settler of gobby hash.
icowden
Legendary Member
Well if you like. At that time, thanks to Harold Wilson, the "taxman" was taking 95% of earnings under a "supertax".
When the highest bracket of income tax was dropped to 40%, it raised more tax money than the punitive 95% taxation had ever done.
The Beatles were warned that "two of you are close to being bankrupt and the other two could soon be"
One of the nice things about earning lots of money is that you just get a good accountant and move your domicile to Monaco or similar. The highest bracket of tax only ever squeezes money out of the sector of the population who are earning well, but not that well. By lowering the top rate, the multimillionaires, pop stars, etc were less likely to move their earnings off shore to a tax haven.
Ian H
Legendary Member
Or you could remove the option of non-dom status and make all UK citizens' income, wherever it's earned, taxable in the UK (USA does that to its citizens).
A sliding scale of tax which amounts to an effective cap on maximum earnings sounds like good social policy to me. I'm sure other methods of reducing income inequality are available.
BoldonLad
Old man on a bike. Not a member of a clique.
- Location
- South Tyneside
Is that two options?, ie
Remove non-dom status and tax the non-UK Non-Doms at whatever the prevailing rates are for UK citizens
and
Tax all UK citizens, living in UK, on total earning, no matter where earned
Ian H
Legendary Member
Given that non-dom is mostly a convenient fiction, there's little difference.
matticus
Guru
The guillotine? I'm in if you are ...
icowden
Legendary Member
For some reason this option never seems to appeal to Parliamentarians. For some reason when the topic comes up, they run in fear of the bad press it will generate. It's not clear why the newspapers are against it - I believe Lord Rothermere, Rupert Murdoch, the Barclay Family and Evgeny Lebedev may be able to elaborate on the topic...
albion
Guru
https://amp.theguardian.com/austral...lting-ice-shelf-sea-cover-professor-matt-king
Whilst it moans about 'lack of knowledge', it is almost totally impossible to know how it will play out, though this is ringing true.
"The changes in the Antarctic region have raised serious concerns about its immediate health and coincided with evidence that longer-term transformations linked to the climate crisis have started sooner than had been assumed was likely."
Whilst it moans about 'lack of knowledge', it is almost totally impossible to know how it will play out, though this is ringing true.
"The changes in the Antarctic region have raised serious concerns about its immediate health and coincided with evidence that longer-term transformations linked to the climate crisis have started sooner than had been assumed was likely."
