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Re: Government & Post Election Discussion
Quote:
Originally Posted by pip08456
An acceptable tax rate should apply to everyone so let's keep it simple.
Everyone pays 10% paye, any unearned income (profit on shares, golden handshakes etc) 20%. That would be per person who resides in the country or earns money in it before leaving. The money raised on that alone would fund most services in this country.
Action against companies would have to be different as at present EU law is used for tax avoidance in this country.
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So, to clarify, you're advocating those on a minimum wage should pay 10% tax & also NI?
Are there any tax free allowances or would those be scrapped?
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