It's not popular, and to be honest, it's never going to happen but I believe in a flat rate of income tax.
There. I said it.
I know almost no one agrees with me, and I know that I'll take pelters for this, but to me, a flat rate of income tax is the fairest way to do it. The TUC has said tax the rich more, but to me, that's just a shit idea which furthers Britain's mindset of "let's punish those who are successful".
I won't go into the details of it all, because I'm not introducing a bill with this, though the numbers pretty much stack up, but all in all, I say...
Make the first £12,000 of someone's wages tax free.
Everything above that £12,000, should be taxed at 38%.
This would do three important things.
1) people on the lowest wages, would be helped the most.
2) it is fairer, as everyone would be paying an equal share of their disposable income.
3) I'd be slightly better off, and so would you probably.
Do the math yourself, both for your own wages, but also for the poorer people in society, and tell me this isn't at least worth considering.
I don't believe the rich should get taxed more, I believe that as a citizen, I am just as responsible for the 'upkeep of society' as someone with £50million sat in the bank, and if 38% is what keeps it at current spending levels, then I'm all in favour.
I know I'm in the minority on this, but I can't see how?
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