Alan Posted February 2, 2016 Share Posted February 2, 2016 Labour have dared to do it. Raise 1% income tax to offset SNP cuts. 21% and 41% bandings. Lowest paid 20% pay no more. Lets see if Scotland is as egalitarian as people say. I doubt it but it's upset the apple cart and an interesting move if they get their message across. Quote Link to comment Share on other sites More sharing options...
Lamia Posted February 2, 2016 Share Posted February 2, 2016 (edited) Labour have dared to do it. Raise 1% income tax to offset SNP cuts. 21% and 41% bandings. Lowest paid 20% pay no more. Lets see if Scotland is as egalitarian as people say. I doubt it but it's upset the apple cart and an interesting move if they get their message across. I would pay more tax if we couldn't afford to avoid the Tory cuts any other way because the money simply wasn't there but sadly we have got the money for bombing countries, replacing nuclear weapons and are allowing massive companies tax free trading. The rich are getting richer on the back of the poor so until that is addressed I oppose it. I am not prepared to pay for Tory cuts designed to continue this trend. Edited February 2, 2016 by Lamia Quote Link to comment Share on other sites More sharing options...
Mee Posted February 2, 2016 Share Posted February 2, 2016 http://www.gov.scot/Topics/Built-Environment/Housing/BuyingSelling They should stop spending money on that stuff too. Quote Link to comment Share on other sites More sharing options...
Lamia Posted February 2, 2016 Share Posted February 2, 2016 http://www.gov.scot/Topics/Built-Environment/Housing/BuyingSelling They should stop spending money on that stuff too. Sadly they all seem to support this one in some shape or form Quote Link to comment Share on other sites More sharing options...
Alan Posted February 2, 2016 Author Share Posted February 2, 2016 I would pay more tax if we couldn't afford to avoid the Tory cuts any other way because the money simply wasn't there but sadly we have got the money for bombing countries, replacing nuclear weapons and are allowing massive companies tax free trading. The rich are getting richer on the back of the poor so until that is addressed I oppose it. I am not prepared to pay for Tory cuts designed to continue this trend. Belter of a response. If I had set up a parody account of your user name I wouldn't have been able to give a better reply. Still plenty of cash for all your holidays and with cut in APD they will be even cheaper! Quote Link to comment Share on other sites More sharing options...
joe545 Posted February 2, 2016 Share Posted February 2, 2016 Labour have dared to do it. Raise 1% income tax to offset SNP cuts. 21% and 41% bandings. Lowest paid 20% pay no more. Lets see if Scotland is as egalitarian as people say. I doubt it but it's upset the apple cart and an interesting move if they get their message across. Unless I'm mistaken, the Scottish parliament cannot currently selectively increase tax bands but must raise them all. Also, any money gained would be matched by a cut in the block grant and do would be pointless. The Smith commission may change this but who knows when that will come and in what form Quote Link to comment Share on other sites More sharing options...
ShedTA Posted February 2, 2016 Share Posted February 2, 2016 Labour have dared to do it. Raise 1% income tax to offset SNP cuts. 21% and 41% bandings. Lowest paid 20% pay no more. Lets see if Scotland is as egalitarian as people say. I doubt it but it's upset the apple cart and an interesting move if they get their message across. Wait so you want us to vote for that bunch of zoomers just because they have said they will tweak the income tax rates? Quote Link to comment Share on other sites More sharing options...
Mee Posted February 2, 2016 Share Posted February 2, 2016 (edited) How egalitarian would you like to get Take someone earning 50000, good wage not mental high. On that national insurance is 4271 Income tax 9403.00 Leaving £36325 net From that you have council tax 2000. Take the remainder and throw in 20% VAT on purchases 6865 leaves Mr/Mrs 50k with £26460 and that's before you add on things like stamp duty, passport fees, alcohol tax, cigarette tax, fuel tax, airport tax etc etc Edit. Missed council tax Edited February 2, 2016 by Mee Quote Link to comment Share on other sites More sharing options...
hampden_loon2878 Posted February 2, 2016 Share Posted February 2, 2016 If there was a voluntary tax option above the standard income tax that went to a national fund for infrastructure projects, nhs ect and which was completely transparent to where the cash was going do you think many would contribute? Quote Link to comment Share on other sites More sharing options...
Scunnered Posted February 2, 2016 Share Posted February 2, 2016 If anything, it will make those who use the term "Red Tory" look as thick as they sound. Scotland is beyond meaningful political argument so I doubt this will matter. Quote Link to comment Share on other sites More sharing options...
Parklife Posted February 2, 2016 Share Posted February 2, 2016 If there was a voluntary tax option above the standard income tax that went to a national fund for infrastructure projects, nhs ect and which was completely transparent to where the cash was going do you think many would contribute?I know it's hypothetical but that'd be a nightmare and cost a fortune to administer. I'd certainly contribute though. I don't pay anywhere near enough tax IMO. Quote Link to comment Share on other sites More sharing options...
Mee Posted February 2, 2016 Share Posted February 2, 2016 I've got a quiet morning so decided to work out how much a low earning family would take home using entitledto website. Couple, 1 working 30 hrs a week 7 quid an hour. Other not working so no childcare costs factored in. Renting a house in Glasgow 500 a month council tax band C. Income before tax, 10920 National insurance 343.20 Income tax. 64 Council tax 1400 Net income 9112 Child benefit. 1788.80 Working tax credit. 2942 Child tax credit. 6108 Council tax reduction 355.26 Housing benefit. 3287.14 Total entitlements 14482 Grand total 23594 Quote Link to comment Share on other sites More sharing options...
Alan Posted February 2, 2016 Author Share Posted February 2, 2016 The block grant would NOT be cut. Income tax is progressive with tax set over certain thresholds. First £10k is not taxed which was a Lib Dem policy. Tories now adopted it and planning to raise it to £12.5k. That's a good chunk tax free. £14k earners will pay £34 more. £20k earners will pay £100 more. £40k earners will pay £300 more. £60k earners will pay £500 more. *Above all rough figures. Theory is public services benefit the less well off so its a start on "social justice", "ending austerity", "Tory cuts" etc etc. Surely the phrases were sincere and can be supported from Glasgow East to Aberdeenshire to Royal Berkshire. Quote Link to comment Share on other sites More sharing options...
neilser Posted February 2, 2016 Share Posted February 2, 2016 I'n with Stewart Lee on this one: http://www.theguardian.com/commentisfree/2016/jan/31/google-tax-osborne-cameron-spaghetti-westerns Quote Link to comment Share on other sites More sharing options...
aaid Posted February 2, 2016 Share Posted February 2, 2016 Theory is public services benefit the less well off so its a start on "social justice", "ending austerity", "Tory cuts" etc etc. Surely the phrases were sincere and can be supported from Glasgow East to Aberdeenshire to Royal Berkshire. I'd happily pay more tax, personally I think that the top rate of tax should never have been cut from 50% and as a matter of principle the point at which you start to pay tax and NI should be set at the living wage - that's the real living wage, not George Osborne's pretendy one. However the problem as far as Scotland is concerned is its currently a bit of limbo state. The "new" legislation which comes into place this year means that you have to set the Scottish rate of tax and that's an across the board increase. So if you want to increase it by 1%, everyone pays 1%, that's not progressive and has a bigger relative impact on the lower paid than the higher paid. To try and counter that, SLab have come up with this "rebate" idea which its unclear a. whether that's actually legal or not and b. how that would be implemented and how much that would cost - I'm not really a fan of taking something away and then giving it back in a different way, better to not take it away in the first place. It will only be once the current Scotland Bill powers come into force - assuming they ever do - when there is full control over the bands and rates that you can do anything meaningful insofar as designing a tax model which delivers the revenue you require and encourages the wider economic and social changes you are looking for. That said, its arguable how effective just having control over Income Tax is when you don't have control over all tax and economic policy. Quote Link to comment Share on other sites More sharing options...
Alan Posted February 2, 2016 Author Share Posted February 2, 2016 aaid - you ever been a contractor in The City? Quote Link to comment Share on other sites More sharing options...
aaid Posted February 2, 2016 Share Posted February 2, 2016 aaid - you ever been a contractor in The City? Only ever a permie but have employed plenty Quote Link to comment Share on other sites More sharing options...
Alan Posted February 2, 2016 Author Share Posted February 2, 2016 I'm not going to lie. I'm disappointed by the reply. Quote Link to comment Share on other sites More sharing options...
aaid Posted February 2, 2016 Share Posted February 2, 2016 I'm not going to lie. I'm disappointed by the reply. Yip, I could see where you were going with that. Only ever been under PAYE and have never had any dubious means of compensation, all above board and tax fully paid. Quote Link to comment Share on other sites More sharing options...
Khana Lagur Posted February 2, 2016 Share Posted February 2, 2016 Scottish Labour's only mentioning this as they have no chance of being in a position to put tax up. Gimmiky opportunism from a redundant party. But that's not to say they don't have a point. Tax banding isn't 'progressive' - it just serves to give working people the illusion that those earning more pay more and therefore it's somehow fair. Traditional tax bands are for income, not wealth. If you want to raise more tax revenues you need to find a way of taxing wealth that the wealthy believe is fair. When people believe something is fair they opt in, if they don't they find ways to avoid. Working people have no option to avoid tax but people who make their money from wealth, rather than income, currently do. It's the prospect of handing over half of what they make that leads many wealthy people to opt out of paying anything. If governments want economies to prosper they need money to flow through them and you don't achieve that if the people with the most money are shuffling and hording their money to avoid tax. That money is lost to the economy. I've long believed that a flat rate income tax across all bands coupled with a flat rate wealth tax will actually bring in more tax revenues if it's at a rate that activey discourages avoidance. Quote Link to comment Share on other sites More sharing options...
Scunnered Posted February 2, 2016 Share Posted February 2, 2016 Text from an SNP member who agrees with the Labour policy: "It's times like these when I hate the ones with nothing but thistles between the ears as much as you do". Think I'll invite him to the forum. Quote Link to comment Share on other sites More sharing options...
Lamia Posted February 2, 2016 Share Posted February 2, 2016 Belter of a response. If I had set up a parody account of your user name I wouldn't have been able to give a better reply. Still plenty of cash for all your holidays and with cut in APD they will be even cheaper! I would reply but I am done with feeding the troll Quote Link to comment Share on other sites More sharing options...
Alan Posted February 2, 2016 Author Share Posted February 2, 2016 I'm genuinely heartened at a Scottish return of capitalism and wealth with the historically incorrect "left" narrative fading. Adam Smith has returned. Quote Link to comment Share on other sites More sharing options...
Lamia Posted February 2, 2016 Share Posted February 2, 2016 I'm genuinely heartened at a Scottish return of capitalism and wealth with the historically incorrect "left" narrative fading. Adam Smith has returned. You really are losing your ability to troll effectively. It gets harder the more people see through you. Quote Link to comment Share on other sites More sharing options...
Toepoke Posted February 2, 2016 Share Posted February 2, 2016 Tax banding isn't 'progressive' - it just serves to give working people the illusion that those earning more pay more and therefore it's somehow fair. Traditional tax bands are for income, not wealth. If you want to raise more tax revenues you need to find a way of taxing wealth that the wealthy believe is fair. When people believe something is fair they opt in, if they don't they find ways to avoid. Working people have no option to avoid tax but people who make their money from wealth, rather than income, currently do. It's the prospect of handing over half of what they make that leads many wealthy people to opt out of paying anything. If governments want economies to prosper they need money to flow through them and you don't achieve that if the people with the most money are shuffling and hording their money to avoid tax. That money is lost to the economy. I've long believed that a flat rate income tax across all bands coupled with a flat rate wealth tax will actually bring in more tax revenues if it's at a rate that activey discourages avoidance. Tend to agree with this. One rate for all, no cause for complaint. Quote Link to comment Share on other sites More sharing options...
Recommended Posts
Join the conversation
You can post now and register later. If you have an account, sign in now to post with your account.