How to make taxation "fair"?

motorbiking said:
Is it unfair that Mottie can service his car because he is an expert and I have to go a garage? I can google how to do it, but I will never be as good as someone who is a specialist.
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And that is exactly the point.

Took you a while to get there, but get there you did.

Not everybody can afford those specialists.
 
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There comes a point when our care costs (privately
JohnD said:
You have to be fairly hard up to get state benefits. Are you saying that there is a cap pushing people below that? What is this cap?

Obiously not the Lifetime Allowance, which is over a million.
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There comes a point in many people's lives where their private pension no longer covers the cost of the care. Imagine someone who survived a stroke but needs carers 3-4 times a day to deal with their bodily functions. That could easily run to 50-60k per year. With a cap on pensions that money will have been spent on holidays, new cars etc.. The pension will be reduced, the money will run out quicker. Who picks up the bill?
 
I think it's unfair that our comrade brother JohnD'ski is all bitter & twisted at the thought of his whole life being such a failure that he has never had to consider the question of "how to avoid tax".

I think we should have a whip round to put something in his wallet that might attract the attentions of those beautifull people at HMRC.
 
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motorbiking said:
There comes a point when our care costs (privately

There comes a point in many people's lives where their private pension no longer covers the cost of the care. Imagine someone who survived a stroke but needs carers 3-4 times a day to deal with their bodily functions. That could easily run to 50-60k per year. With a cap on pensions that money will have been spent on holidays, new cars etc.. The pension will be reduced, the money will run out quicker. Who picks up the bill?
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I remember we had another thread on here and I just about got my head chewed off for suggesting it's not fair that if you're financially prudent your whole life, you will end up paying for a portion of your care costs in later life. However someone who goes through life 'spending it as they earn it' will pay less.
 
carmanmemoranda said:
And that is exactly the point.

Took you a while to get there, but get there you did.

Not everybody can afford those specialists.
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Some people have partners who like to cook for them, others have to cook for themselves - is that fair?
Is it unfair that I can't use the facilities of private clubs that I'm not a member of?
Is it unfair that I have to pay to go to the gym, while some people get their doctors to refer them for free?

It's not fundamentally unfair if the information isn't secret or limited to a special club.

John D is able to calculate the different tax scenarios, as am I, or you. How? because there are many tools and guides as well as the govt. ones which explain the rules. It is therefore fair, because it doesn't matter who you are, you can leverage the same rules as the next person. No requirement to school at Eton, no requirement to be called Quentin, no need for a 2:1 in Business at your local polyversity.
 
diy_fun_uk said:
I remember we had another thread on here and I just about got my head chewed off for suggesting it's not fair that if you're financially prudent your whole life, you will end up paying for a portion of your care costs in later life. However someone who goes through life 'spending it as they earn it' will pay less.
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The biker thinks it is unreasonable that you only get the special tax perks and inheritance concession up to the first million or so. There is nothing to prevent you making additional provision for your old age. He writes as if it was somehow prohibited. This is not true


(Bit of a pattern emerging)
 
Are you talking about the lifetime allowance of over a million?
 
JohnD said:
Are you talking about the lifetime allowance of over a million?
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Put down your well thumbed copy of 'Das Kapital' brother comrade & pick up a book on 'economics'.

You will never fully understand politics & you will never fully understand economics . . . . But your life will be a whole lot better if you can embrace economics & cast politics back into the cess pit it belongs.
 
motorbiking said:
Some people have partners who like to cook for them, others have to cook for themselves - is that fair?
Is it unfair that I can't use the facilities of private clubs that I'm not a member of?
Is it unfair that I have to pay to go to the gym, while some people get their doctors to refer them for free?

It's not fundamentally unfair if the information isn't secret or limited to a special club.

John D is able to calculate the different tax scenarios, as am I, or you. How? because there are many tools and guides as well as the govt. ones which explain the rules. It is therefore fair, because it doesn't matter who you are, you can leverage the same rules as the next person. No requirement to school at Eton, no requirement to be called Quentin, no need for a 2:1 in Business at your local polyversity.
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Yeah yeah yeah, you keep on missing the point and stepping sideways.

If the rules were not set by those they benefit, they might be fairer, and easier to apply to all. That is point of this thread, to make them fairer they should be simpler, either you agree with that, or you don't.

That is the point of this thread, how to make taxation fairer. Not, how to legally avoid, and whether you have the resources to do so or not. Those resources are not commonly available.
 
Dork Lard said:
Put down your well thumbed copy of 'Das Kapital' brother comrade & pick up a book on 'economics'.

You will never fully understand politics & you will never fully understand economics . . . . But your life will be a whole lot better if you can embrace economics & cast politics back into the cess pit it belongs.
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And bury your head in the sand while you are at it.
 
carmanmemoranda said:
Yeah yeah yeah, you keep on missing the point and stepping sideways.

If the rules were not set by those they benefit, they might be fairer, and easier to apply to all. That is point of this thread, to make them fairer they should be simpler, either you agree with that, or you don't.

That is the point of this thread, how to make taxation fairer. Not, how to legally avoid, and whether you have the resources to do so or not. Those resources are not commonly available.
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I agree that it would be better if the rules were simpler, but they can't be, because they have to evolve. At the end of the day, its the people that we elect that make the rules. Its not The boss of Amazon or Google.
 
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