A Bit Of Enrichment For The Mp's To Enjoy

[mackay 3,458]

I tell you what else I always thought was unfair, paying an increased tax rate on a second job.

Years ago when I worked in the pubs a lot of the barmaids etc were nurses and other occupations and the bar work was only for a bit of pocket money.

So whilst they spent a large part of their social life working, probably serving non workers they were getting hammered with tax for the pleasure of it.

The ones quickest to decry them for having two jobs and it being their own fault were usually the ones not working through choice.

[Silversnake 1,099]

  On 23/07/2015 at 12:42, Born Hunter said:

I think this speaks volumes;

 

Top earners were the main target of recent tax increases under President Obama, but the federal income tax system is already highly progressive. The top 10 percent of income earners paid 68 percent of all federal income taxes in 2011 (the latest year available), though they earned 45 percent of all income. The bottom 50 percent paid 3 percent of income taxes, but earned 12 percent of income.

 

From the US Federal Budget, 2011. http://www.heritage.org/federalbudget/top10-percent-income-earners

 

How's that for unsubstantiated bullshit propaganda SilverSnake?

I do find that hard to believe, don't the middle class pay tax or something, if true though I stand corrected, but I assure you the figures are different here in Oz. One thing that your figures do show is that 1% of the population holds a massive % of the wealth in America. Is it similar in uk?

[Born Hunter 17,837]

I believe I'm right in saying that the top percentile of the world population based on wealth owns over 50% of world assets. Personally I'm fine with that. Look at the wealthiest people in the world and look at the jobs they have created. Jmo. I'm not saying anybody is wrong to think otherwise.

[tatsblisters 10,574]

  On 23/07/2015 at 15:19, mackay said:

I tell you what else I always thought was unfair, paying an increased tax rate on a second job.

Years ago when I worked in the pubs a lot of the barmaids etc were nurses and other occupations and the bar work was only for a bit of pocket money.

So whilst they spent a large part of their social life working, probably serving non workers they were getting hammered with tax for the pleasure of it.

The ones quickest to decry them for having two jobs and it being their own fault were usually the ones not working through choice.

 

  On 23/07/2015 at 15:19, mackay said:

I tell you what else I always thought was unfair, paying an increased tax rate on a second job.

Years ago when I worked in the pubs a lot of the barmaids etc were nurses and other occupations and the bar work was only for a bit of pocket money.

So whilst they spent a large part of their social life working, probably serving non workers they were getting hammered with tax for the pleasure of it.

The ones quickest to decry them for having two jobs and it being their own fault were usually the ones not working through choice.

That even applys to those drawing an occupational pension wile still working full time paying tax on a pension carnt be fair imo.

[WILF 48,246]

I don't have any problem with people earning millions, they should be subject to exactly the same rates and rules as everyone else.......that's fair.

What I do object to is the CEO of J.P.Morgan making over a $150 million dollars a year, gambling with the whole worlds economy, paying government to let them do it and then expecting the billions of ordinary people who's money he has gambled away to bail him out with their tax money and the governments happy to let them do it........and still letting them do it !!

 

That's not business, they are not playing with their own money same as governments don't , it's just f***ing about at the expense of others and paying yourself the kind of money dreams are made of to do it !!

[shepp 2,285]

  On 23/07/2015 at 15:19, mackay said:

I tell you what else I always thought was unfair, paying an increased tax rate on a second job.Years ago when I worked in the pubs a lot of the barmaids etc were nurses and other occupations and the bar work was only for a bit of pocket money.So whilst they spent a large part of their social life working, probably serving non workers they were getting hammered with tax for the pleasure of it.The ones quickest to decry them for having two jobs and it being their own fault were usually the ones not working through choice.

Well everybody starts paying tax on anything earned over £10,600, so it matters not if you do one or ten jobs, your allowance stays the same at £10,600.

Edited July 24, 2015 by shepp

[Silversnake 1,099]

  On 23/07/2015 at 21:59, WILF said:

I don't have any problem with people earning millions, they should be subject to exactly the same rates and rules as everyone else.......that's fair.

What I do object to is the CEO of J.P.Morgan making over a $150 million dollars a year, gambling with the whole worlds economy, paying government to let them do it and then expecting the billions of ordinary people who's money he has gambled away to bail him out with their tax money and the governments happy to let them do it........and still letting them do it !!

 

That's not business, they are not playing with their own money same as governments don't , it's just f***ing about at the expense of others and paying yourself the kind of money dreams are made of to do it !!

I certainly agree with you there. I often hear stories of mining magnates and casino owners who are multi billionaires paying virtually zero tax over here. I too have nothing against people who work hard or take risks with their own money and succeed, good luck to them, but if I as a worker have to pay 33% and struggle to make ends meet someone making billions should have to pay their fair share and still live a life of luxury. If the rich are paying most of the tax as pointed out that must mean the workers are not making enough money to have to pay much tax,which is sad to me, I do not know how workers are paid in UK or USA but I do hope the gap between rich and poor doesn't continue to widen or people, particularly the youth will continue to be disillusioned and won't want to work and then everybody loses.

[mackay 3,458]

  On 23/07/2015 at 22:32, shepp said:

 

  On 23/07/2015 at 15:19, mackay said:

I tell you what else I always thought was unfair, paying an increased tax rate on a second job.Years ago when I worked in the pubs a lot of the barmaids etc were nurses and other occupations and the bar work was only for a bit of pocket money.So whilst they spent a large part of their social life working, probably serving non workers they were getting hammered with tax for the pleasure of it.The ones quickest to decry them for having two jobs and it being their own fault were usually the ones not working through choice.

Well everybody starts paying tax on anything earned over £10,600, so it matters not if you do one or ten jobs, your allowance stays the same at £10,600.

 

  On 23/07/2015 at 22:32, shepp said:

 

  On 23/07/2015 at 15:19, mackay said:

I don't know if it's still the same but the tax on a second job was a greater percentage than on the first.

So, lets say you earned 15k as your first job and 5k as a second job, totalling 20k, you would pay more tax than someone earning the same 20k in one job.

Same amount of money, paying more tax?, can't see how that's fair myself.

I tell you what else I always thought was unfair, paying an increased tax rate on a second job.Years ago when I worked in the pubs a lot of the barmaids etc were nurses and other occupations and the bar work was only for a bit of pocket money.So whilst they spent a large part of their social life working, probably serving non workers they were getting hammered with tax for the pleasure of it.The ones quickest to decry them for having two jobs and it being their own fault were usually the ones not working through choice.

Well everybody starts paying tax on anything earned over £10,600, so it matters not if you do one or ten jobs, your allowance stays the same at £10,600.

 

[Born Hunter 17,837]

Mackay, I don't have a second job so don't have first hand experience of this but my understanding is that you are correct that you will pay the higher rate of tax on the second income, even if combined you know that it will not exceed the threshold for the higher tax rate. But you are then eligible for a rebate at the end of the tax year. So it plays out fairly in the end.

[WILF 48,246]

If any ordinary bloke on here started a scheme where by we ask investors to give us money and we then invest it in something very risky and with no actual substance......we get one of the worlds top rating agency's to tell everyone that it's a AAA safe bet.........we cream out billions of dollars to pay ourself.

 

We then go one step further and go to the betting shop and bet AGAINST the investment we are selling to everyone as a AAA safe bet........and we contribute $5 billion dollars to the politicians to let us do it, who in turn take even more in tax revenue from the people who are all working while we conduct this massive ruse.

 

We then loose every ones money plunging millions into ruin, making families homeless, wiping out lifetimes of work while we walk away scot free with billions of dollars.......and our pals at the government give more money from the very people we have ruined in order to keep going and start another scheme !!

 

If any of us did that we would be in prison !!......plain and simple !!

 

Which brings me back to the original topic about immigration, what we are seeing IMHO is the movement and creation of customer bases at the behest of financial engineers (yes such a person exists !!).......it creates tensions, problems......it provides distractions while government and their buddies make billions.

People are so busy fighting the flames these people create in your house that you can't see they are out the back raping your sister !!

 

I fully believe that the government put in various instruments like tax and benefits to manipulate populations, they can instantly turn the heat up or down based on if that population is behaving in the way they want them to.........it's a very sophisticated whip to beat people with.

 

Debt is what they want, it's what makes them and their buddies trillions and puts ordinary people.....well.....in their debt !!

 

This is all so awesome and brilliant in it's sophistication that it's breath taking........I mean you have to admire it.......but it's terrible.

 

May be some want to believe that governments and politicians are still moral enough to work for the people........with the greatest respect I would say that is nieve at best and downright foolish and deluded at worst.

Edited July 24, 2015 by WILF

[charlie caller 3,654]

  On 23/07/2015 at 22:32, shepp said:

 

  On 23/07/2015 at 15:19, mackay said:

I tell you what else I always thought was unfair, paying an increased tax rate on a second job.Years ago when I worked in the pubs a lot of the barmaids etc were nurses and other occupations and the bar work was only for a bit of pocket money.So whilst they spent a large part of their social life working, probably serving non workers they were getting hammered with tax for the pleasure of it.The ones quickest to decry them for having two jobs and it being their own fault were usually the ones not working through choice.

Well everybody starts paying tax on anything earned over £10,600, so it matters not if you do one or ten jobs, your allowance stays the same at £10,600.

 

Err no if you have two jobs you will pay 20% tax mate.

[Silversnake 1,099]

  On 24/07/2015 at 08:48, WILF said:

If any ordinary bloke on here started a scheme where by we ask investors to give us money and we then invest it in something very risky and with no actual substance......we get one of the worlds top rating agency's to tell everyone that it's a AAA safe bet.........we cream out billions of dollars to pay ourself.

 

We then go one step further and go to the betting shop and bet AGAINST the investment we are selling to everyone as a AAA safe bet........and we contribute $5 billion dollars to the politicians to let us do it, who in turn take even more in tax revenue from the people who are all working while we conduct this massive ruse.

 

We then loose every ones money plunging millions into ruin, making families homeless, wiping out lifetimes of work while we walk away scot free with billions of dollars.......and our pals at the government give more money from the very people we have ruined in order to keep going and start another scheme !!

 

If any of us did that we would be in prison !!......plain and simple !!

 

Which brings me back to the original topic about immigration, what we are seeing IMHO is the movement and creation of customer bases at the behest of financial engineers (yes such a person exists !!).......it creates tensions, problems......it provides distractions while government and their buddies make billions.

People are so busy fighting the flames these people create in your house that you can't see they are out the back raping your sister !!

 

I fully believe that the government put in various instruments like tax and benefits to manipulate populations, they can instantly turn the heat up or down based on if that population is behaving in the way they want them to.........it's a very sophisticated whip to beat people with.

 

Debt is what they want, it's what makes them and their buddies trillions and puts ordinary people.....well.....in their debt !!

 

This is all so awesome and brilliant in it's sophistication that it's breath taking........I mean you have to admire it.......but it's terrible.

 

May be some want to believe that governments and politicians are still moral enough to work for the people........with the greatest respect I would say that is nieve at best and downright foolish and deluded at worst.

Well put, even I could understand that! Very very scary though....

[tatsblisters 10,574]

I know a lad who is getting stopped 40% tax on his pit pension as that combined with his salary as a demolition site manager takes him into that bracket of tax same as he told me you work pay into pension shcemes on money earned that you have already paid tax on to be hammerd again in tax.

[WILF 48,246]

Wouldn't want him to get too rich, be able to break the shackles of needing state for anything and have control over his own life now would we

[Born Hunter 17,837]

  On 24/07/2015 at 11:14, tatsblisters said:

I know a lad who is getting stopped 40% tax on his pit pension as that combined with his salary as a demolition site manager takes him into that bracket of tax same as he told me you work pay into pension shcemes on money earned that you have already paid tax on to be hammerd again in tax.

 

I don't think that's true. My pension contributions are untaxed. When I draw my pension it will then be taxed as income.

Edited July 24, 2015 by Born Hunter