Please, before posting “well no one’s stopping him from donating his money” please please please enjoy David Mitchell explaining why that’s a stupid argument far better than anyone here ever could: https://youtu.be/xc8epam4NyY?si=s36d87dkWQMrz-Pb
DaVirus on
I think a lot of issue in society would be resolved by weighing votes by how much % overall tax one pays…
Give an incentive to want to pay more.
Put your money where your mouth is.
Edit: people are absolutely not grasping this concept. No billionaire can compete with HENRY’S in tax paid. This mostly separates the productive from the unproductive.
Edit 2: people’s critiques on this just show they don’t know how maths work.
honkballs on
So?
Why would them being a millionaire make their opinion any more valid than someone’s who isn’t?
If the argument is “well they are the rich and they want their taxes to go up, so we should listen to them”, ok, but the vast majority of millionaires will want the opposite, for their tax to go down, so why not listen to them as well.
*Of course downvotes 😂 But nobody telling me why these 2 random guys opinion should carry any more weight than the 10,000s of millionaires that disagree with them, other than “yeah but, they are saying things I like!”*
Count_Craicula on
“Some millionaires PUBLICLY call on Rachel Reeves to raise their taxes in budget, WHILE LOTS OF OTHERS PAY LOBBYISTS TO BRIBE, AHEM, LOBBY TO LOWER THEM.”
YOU’RE WELCOME 😁
KernowKermit on
There’s nothing stopping that group of millionaires paying more tax if they wanted to. But they don’t.
LauraPhilps7654 on
Just because I’m always reading that we’re over taxed on here it’s worth remembering that our tax burden is lower than most Western European nations:
| Country | Tax Burden (% of GDP) |
|—————-|———————–|
| United Kingdom | 33% |
| Germany | 38% |
| France | 45% |
| Italy | 43% |
| Netherlands | 39% |
| Sweden | 44% |
It was also higher in the 40s and 50s when we were building the NHS and Welfare state. Almost 50%. Neoliberalism really did a number on social democracy in this country…
Corporation tax is also very low in the UK (19%-25%) compared to places like Germany (30-33%).
xParesh on
Its already possible for anyone, including millionaires to make voluntary contributions to HMRC.
There is nothing stopping generous millionaires like Dale Vince to paying HMRC as much money as he likes.
AnyWalrus930 on
I fall into this camp I suppose, I’ve done better than alright and would happily pay more tax but only as part of an actual plan for change. At the moment it feels more like lending money to a mate with a gambling problem.
I’d rather just donate to charity if there’s no meaningful way to reduce the deficit as part of any tax rise.
Spamgrenade on
LOL at all the barely disguised tax the poor comments.
CaregiverNo2642 on
Has anyone fact checked this or is it labour spin query
tag1989 on
do these millionaires realise that they are already welcome to make voluntary payments to HMRC above what they owe in taxation? HMRC will gladly appreciate it!
13 commenti
He could simply donate the money to the treasury if he so wished.
This would be easy for them to do:
https://www.gov.uk/guidance/voluntary-payments-donations-to-government
Please, before posting “well no one’s stopping him from donating his money” please please please enjoy David Mitchell explaining why that’s a stupid argument far better than anyone here ever could: https://youtu.be/xc8epam4NyY?si=s36d87dkWQMrz-Pb
I think a lot of issue in society would be resolved by weighing votes by how much % overall tax one pays…
Give an incentive to want to pay more.
Put your money where your mouth is.
Edit: people are absolutely not grasping this concept. No billionaire can compete with HENRY’S in tax paid. This mostly separates the productive from the unproductive.
Edit 2: people’s critiques on this just show they don’t know how maths work.
So?
Why would them being a millionaire make their opinion any more valid than someone’s who isn’t?
If the argument is “well they are the rich and they want their taxes to go up, so we should listen to them”, ok, but the vast majority of millionaires will want the opposite, for their tax to go down, so why not listen to them as well.
*Of course downvotes 😂 But nobody telling me why these 2 random guys opinion should carry any more weight than the 10,000s of millionaires that disagree with them, other than “yeah but, they are saying things I like!”*
“Some millionaires PUBLICLY call on Rachel Reeves to raise their taxes in budget, WHILE LOTS OF OTHERS PAY LOBBYISTS TO BRIBE, AHEM, LOBBY TO LOWER THEM.”
YOU’RE WELCOME 😁
There’s nothing stopping that group of millionaires paying more tax if they wanted to. But they don’t.
Just because I’m always reading that we’re over taxed on here it’s worth remembering that our tax burden is lower than most Western European nations:
| Country | Tax Burden (% of GDP) |
|—————-|———————–|
| United Kingdom | 33% |
| Germany | 38% |
| France | 45% |
| Italy | 43% |
| Netherlands | 39% |
| Sweden | 44% |
It was also higher in the 40s and 50s when we were building the NHS and Welfare state. Almost 50%. Neoliberalism really did a number on social democracy in this country…
Corporation tax is also very low in the UK (19%-25%) compared to places like Germany (30-33%).
Its already possible for anyone, including millionaires to make voluntary contributions to HMRC.
There is nothing stopping generous millionaires like Dale Vince to paying HMRC as much money as he likes.
I fall into this camp I suppose, I’ve done better than alright and would happily pay more tax but only as part of an actual plan for change. At the moment it feels more like lending money to a mate with a gambling problem.
I’d rather just donate to charity if there’s no meaningful way to reduce the deficit as part of any tax rise.
LOL at all the barely disguised tax the poor comments.
Has anyone fact checked this or is it labour spin query
do these millionaires realise that they are already welcome to make voluntary payments to HMRC above what they owe in taxation? HMRC will gladly appreciate it!
oh, what’s that – they haven’t ever done that?
heh, they’re all hot air then