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[-] angelsomething@lemmy.one 43 points 6 months ago

Like, with the crumbling social infrastructure all around us, we’re meant to cheer that they’re cutting taxes to underfund it further whilst they strongly refuse to properly tax the rich tax evaders? It’s kinda obvious that when labour gets into power they’ll have no choice but to raise them. So what is this for? Bags of mushy spiderwebs the lot of them are.

[-] NotACube@feddit.uk 5 points 6 months ago

If they were dead set on doing a tax cut (unfortunately for the good of the country) at least they made it an NI cut rather than an income tax cut.

I can see a way forward for labour if they want to raise more money without straight up reversing these cuts by abolishing NI (or gradually reducing it to phase it out) and correspondingly increasing income and/or capital gains tax.

They can chalk it up as making the tax system fairer by removing the tax on which employees pay more than self employed or those with passive wealth-based income. Simultaneously they can say they are building on the one positive outcome of the previous budget.

[-] thetreesaysbark@sh.itjust.works 1 points 6 months ago

I'm confused, do self employed not pay NI? Or do they pay a lower rate on it?

[-] NotACube@feddit.uk 3 points 6 months ago
[-] 13esq@lemmy.world 4 points 6 months ago* (last edited 6 months ago)

There are obviously a lot of people interested in debating me here, which is great, but getting downvoted to fuck just because people disagree with me completely disentivises me putting my opinion forward and I can't be bothered to partake anymore.

I'm not asking for upvotes, I just think it's bad to downvote for no other reason than "I disagree", it turns the website in to an echo chamber.

This place is becoming more like Reddit all the time, it's such a shame

[-] echodot@feddit.uk 4 points 6 months ago* (last edited 6 months ago)

You're not being downvoted because people disagree with you you're being downloaded because you don't understand how taxes work and when people explain it to you your arguing with them.

Your money will be worth more to you when you pay taxes than when you spend it on yourself. If only because it becomes part of a much bigger pot and then scales of economy start to take over.

[-] 13esq@lemmy.world -2 points 6 months ago* (last edited 6 months ago)

Don't condescend me, I understand how taxes work.

In your opinion, how much should we be paying to have public services that actually do what they say on the tin. 40%, 50%, 60%? I think paying a third of our incomes is already a huge sacrifice and it's quite frankly embarrassing that our public services are in the state they are given the huge amounts of cash thrown at them.

A bird in hand, , ,

[-] echodot@feddit.uk 2 points 6 months ago* (last edited 6 months ago)

A bird in hand, , ,

Yeah you don't know how taxes work. When you pay taxes for public services and then the money isn't actually spent on public services that isn't a failure of the tax system that's a failure of the government. You're angry about the wrong thing.

In your opinion, how much should we be paying to have public services that actually do what they say on the tin.

Again you're angry about the wrong thing. The fact that the current administration are not actually funding services correctly from the taxes that are already been paid to them is a problem with the government. Cutting taxes means there's even less money in the pot and they're not actually managing the pot correctly already. Getting the tax break doesn't make things better it just makes it worse.

All of this is already being explained to you and you still continue to insist you actually have a point.

Oh and by the way even if the conservatives win the next election by some weird fluke they would still have to raise taxes to undo the damage they've already done. It's not like this is sustainable because it isn't. All they doing is poisoning the well because they know they do not stand a snowballs chance in hell of actually winning. So now they've created a situation where the next government will have to raise taxes and then they have an attack line. And people like you are eating it up.

[-] 13esq@lemmy.world 0 points 6 months ago* (last edited 6 months ago)

Ok, so let me know when my money's not going to be wasted, then I'll stop being so pesemistic about my tax contribution.

You truly believe that labour are going to fix this pile of shit? They're red Tories!

You should take a good hard look in the mirror next time you think about calling other people gullible.

this post was submitted on 09 Mar 2024
69 points (94.8% liked)

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