Desert Orchid
Senior Jockey
- Joined
- Aug 2, 2005
- Messages
- 25,241
Worth remembering that the Wilson government manifesto included the phrase "wealth redistribution", which definitely sounds socialist at the least.I think if you made the profit in this country you should pay the correct tax to this country and those who leave to avoid tax should be harshly penalised - seizure of assets, losing British citizenship etc.
I'd also abolish all tax avoidance schemes and leave literally everyone with no option other than to pay the tax the law says they should.
The bottom line here is the wealthiest are very happy to profit off the poorest in society, but don't want to contribute in tax what the law says they should to help give these people a tolerable subsistence quality of life.
Many in 2024 would label this "communist," "Marxist," or "Socialist."
Actually, it's none of those things - the Wilson governments in the 60s and 70s were considered moderate in their day but Margaret Thatcher's legacy is shifting the epicentre of British politics so far to the right Wilson would be called a "commie" by many nowadays.
The wealthy would simply be a bit less wealthy and the poor would simply be a bit less poor, and more of them would get the NHS care they need to stay alive a bit longer.
It really is as simple as that, but Starmer hasn't got the balls to tell it like it is and properly enforce these things any more than Blair did.
And many will not want to pay any tax, while complaining in their next sentence that their public services are crumbling apart. As if there's no correlation.Some people talk about this anonymous monster "the tax man" as if avoiding giving him any of your "hard earned" is a virtue, the inference being this mythical "tax man" pockets it for himself.
The reality is that taxes fund the public sector, including the NHS and in my view too many people on relatively low incomes pay what is legally due while much wealthier people seem to think they can put a cap on what they pay by avoidance schemes.
I'm one of the apparent minority in racing who thought Lester Piggott deserved his custodial sentence and my views have not changed since.
And many will not want to pay any tax, while complaining in their next sentence that their public services are crumbling apart. As if there's no correlation.
Public services may be crap now, but if people pay less or no tax they'll get even worse. That's for sure.
It's this line about people wanting American rates if taxation, but Scandanavian levels of public health care. It's a good observation.
All fair comment and I've liked it not because I agree with your view but because I respect the civilised manner in which you have articulated your counter position to mine - it's forum debate at its best.That's purely your view of things and you are are entitled your opinion. Personally I think the top 10% pay too higher proportion of the tax take, which again is my view.
Personally I see the current 'epicentre' as a lot more left wing than you do, but again all subjective opinion.
You have used some vague emotive terms like "the wealthy" & "the poor" how would you define those?
Also 'Correct tax' is another, if they have they paid tax required within the legal rules then it is correct, they are not obliged to pay the max tax they could, there was a major legal case on that a long time ago which the hmrc lost
Again avoidance is not the same as evasion. Whether you like avoidance doesn't matter , it's what legal and what isn't that does.
Something I would change is that if a company makes sales in the UK then the company should pay UK tax on those sales and not divert the money to a name plate on a door type company in Ireland like such as Amazon do where the tax rates are much lower.
Each business whether it's Fred's corner shop or Amazon or Facebook each should be subject to the same rules or be blocked from doing business here.
Same thing happened when my daughter went to uni because her two best friends there ( again, lovely girls from nice families) had the help of the family accountant.I mentioned not all that long ago a mate of mine at uni whose family owned a string of newsagent shops and they lived in a big house in a very posh suburb of Glasgow. They EACH drove a Mercedes, including my mate when he came to uni.
He's a lovely bloke and his folks are lovely people but the family accountant filled in the uni grant form for them and every one of them got the maximum grant.
Most of the guys who went to the same school as my mate (an elite fee-paying one) were the same as him. Driving into uni in Mercs, Jags, Audis, etc and the guys were on maximum grants.
Mrs O's dad was a welder, the sole earner in the family and filled in the form as honestly as he could. She never got a penny in grants.
Where's the 'social justice' in that?
And that's what happens right throughout our society. The wealthy know how to work the system to their advantage and the poor are the ones that subsidise them.
Tbh I think that, while you understandably disagree with it, you nailed what some think.So what are we saying here re accountants and self-employed, that the tax rules should be such that everyone should be paying employee style paye and nic whether they are running their own business or not, or that no one should be able to get professional advice/help that the lowest common denominator can or is willing to pay for?
They are purely your views on the epicentre re right and left etc.We live in an interesting era -
1979-1997 mainly Margaret Thatcher then, to a lesser extent, John Major, shifted the political epicentre more and more to the right.
1997-2010 Tony Blair then Gordon Brown didn't reverse this, they merely arrested the rightward shift
2010-2024 The shift even further to the right resumed
The result?
I find political labels conferred on individuals in 2024 astonishing and laughable.
Rishi Sunak, clearly a Thatcherite, labelled a Social Democrat - he was not as far right as Liz Truss was, but he was no moderate One Nation Tory either.
Keir Starmer, who IS a Social Democrat, labelled a "Marxist," "Communist," "Socialist."
A Socialist he isn't and he and his Social Democrat Cabinet are already seeing the limits of Social Democracy.
Take NI for employers - he wanted businesses to absorb it, reduce profits, pay shareholders less, maybe even stop paying management quite so much.
But business, after 14 years of Tory government, now feel entitled to operate the way they did under all those years of the Conservatives, so pay freezes, lay offs and higher prices for consumers are their devices to protect profits and executive bonuses.
You only stop that with real threats to take huge swathes of the private sector into public ownership and even do it in some areas to set an example.
But that's Socialism, not Social Democracy, and the reality is Britain doesn't want a genuine Socialist government (cite Michael Foot and Jeremy Corbyn's defeats) and only an "I Can't Believe It's Not Tory" Labour can get in and stay in - Blair knew this, Starmer knows this.
Plus the electorate are mostly eternal children in terms of maturity - they can't face the truth, never could, they want lower taxes yet better public services, as others have rightly stated.
And it's also a fact that while the wealthy could be taxed a lot more effectively than they are, constant media focus on them makes it easy to forget there are actually relatively few of them, ditto big corporations.
The best way to raise meaningful tax revenue has always been to raise the basic rate because millions upon millions pay it.
But Starmer couldn't say that because few want to hear it.
If politicians lie, it's often because most of the public can't cope with the truth.
Obviously I vehemently disagree with the idea that those running a business/self employed should be on the same terms re tax as your normal paye/nic employee, and I'd bet pretty much anyone that does run a business/self employed will be of the same view as me. As they represent such a huge proportion of the actual wealth creation in the country then I think care should be taken re that direction and taxTbh I think that, while you understandably disagree with it, you nailed what many think.
Everyone should pay tax on the same terms and the tax breaks accountants use for clients shouldn't even exist.
But I doubt Starmer will ever seriously address this any more than Blair and Brown did in 13 years in office - there might be baby steps in that direction, though.
To think a Labour government could get in and business can take it for granted they can operate the exact same way they did under the Tories in an unchanged legislative environment would be naive.
The clash with the farmers over inheritance tax is just the start - interesting times ahead.
If those people actually had a taste of running a business and being self employed and the very different mindset it requires I'm sure many might have a different view.I'm sure they do, but business owners are in a minority, most people are employees of business and many think there is so reason why business owners (ultimately out for profit, not to serve society) should have special tax status.
Labour's victory in the election does suggest many are ready for a government that gets at least a bit tougher with business - we shall see what develops.
Even the barber in our village has a “cash only” sign in the window.