Nadhim Zahawi?

[Dork Lard]

Tom had £50,000 from wages

Dick had £50,000 from dividends

Harry had £50,000 from capital gains

Michelle had £50,000 in backhanders

Nadhim had £50,000 paid into an offshore account


Tax them all the same.

JohnD'ski had £5 in his poly cup from begging outside his local Weatherspoons.

You should have seen the hatred in his eyes when they confirmed his pint of £2 fizzypish consisted of 40% tax !

 

[Deleted member 18243]

https://twitter.com/x/status/1619986295635456000

 

[motorbiking]

Tom had £50,000 from wages

Dick had £50,000 from dividends

Harry had £50,000 from capital gains

Michelle had £50,000 in backhanders

Nadhim had £50,000 paid into an offshore account


Tax them all the same.

they are all taxed the same. It doesn't matter what your name is.

 

[JohnD]

they are all taxed the same. It doesn't matter what your name is.

How much tax do you think each is charged?

It is not the same.




______________________________________________________________________________________________________________________________
Thread closed. Pointless repetition
MOD

 

[motorbiking]

It depends on what else they earn.

It depends if Tom wants to sacrifice some in to his pension. Perhaps he is a train driver with a nice final salary scheme guaranteeing him an inflation busting retirement.
For at least 2 of your examples they are due to pay income tax in the same way as Tom.
Is Harry's from property or something else?
Are the dividends or capital gains UK based or is their foreign tax/withholding tax to consider?

Are you sure you understand this tax stuff?

 

[JohnD]

they are all taxed the same.

That is not true.

 

[Justin Passing]

It depends on what else they earn.

It depends if Tom wants to sacrifice some in to his pension. Perhaps he is a train driver with a nice final salary scheme guaranteeing him an inflation busting retirement.
For at least 2 of your examples they are due to pay income tax in the same way as Tom.
Is Harry's from property or something else?
Are the dividends or capital gains UK based or is their foreign tax/withholding tax to consider?

Are you sure you understand this tax stuff?

Of course he understands it well enough, he just thinks he's illuminatiing some global conspiracy by calling it unfair, the same way gas112/andy11 produce poo.
Tax structures are complex in every country I know anything about and apart from a couple of specifics, all fair for the masses, because they're the same for everyone. Maybe not in Russia, China, I don't know.
Maybe JD would be happier if he stopped polluting this country and went over there.
We had a pseudo financial boffin on this forum a litttle while ago who seemed to believe in a money-tree and would only throw abuse and lies.
He got kicked off the forum.

Here's some basic readers on my shelf, may be a bit old now:
Smith, S. ============== Taxation: A Very Short Introduction
Hannam, J.========.===== What Everyone Needs to Know about Tax: An Introduction to the UK Tax System (Focused on the UK)
Slemrod, J. and Bakija,J. M. ===Taxing Ourselves (Focused on the USA)

Yes JD we know the rates are all different for different income types/amounts, we all pay them.
Yes YOU know the same rates apply to everyone for the same income.
Yes we know you're interpreting posts in the way that's incorrect so you can say a post is wrong.
That's because you seem to enjoy the deliberate prat version of trolling.

 

[JP_]

If Labour can't capitalise on this increasing sh1t show come the next GE then ...

Unfortunately, Labour isn't in bed with just about every tabloid that people read in this country.
Once the propaganda machine gets rolling, all we're here about is how Starmer is buddies with Stalin's ghost, how Corbyn is really in control, how their economics plan is ghost written Diane Abbot, and

 

[JohnD]

they are all taxed the same

That is still not true.

 

[carmanmemoranda]

It depends on what else they earn.

It depends if Tom wants to sacrifice some in to his pension. Perhaps he is a train driver with a nice final salary scheme guaranteeing him an inflation busting retirement.
For at least 2 of your examples they are due to pay income tax in the same way as Tom.
Is Harry's from property or something else?
Are the dividends or capital gains UK based or is their foreign tax/withholding tax to consider?

Are you sure you understand this tax stuff?

So they are not all taxed the same ?

 

[blup]

Plenty of anti avoidance legislation

The UK’s General Anti-Abuse Rule (GAAR)

The UK’s General Anti-Abuse Rule (GAAR) was introduced in 2013 to deter taxpayers from using tax avoidance schemes.

www.pinsentmasons.com

HMRC need to be properly funded to challenge far more of these schemes in the courts instead of compromising with the super rich legal teams of super rich individuals.

Blup

 

[motorbiking]

It doesn’t matter what your name is, rich or poor, labour voter or Tory, you are taxed the same. Different rules apply to different income types.

Everyone has the same ability to leverage the rules.

 

[JohnD]

Plenty of anti avoidance legislation

The UK’s General Anti-Abuse Rule (GAAR)

The UK’s General Anti-Abuse Rule (GAAR) was introduced in 2013 to deter taxpayers from using tax avoidance schemes.

www.pinsentmasons.com

HMRC need to be properly funded to challenge far more of these schemes in the courts instead of compromising with the super rich legal teams of super rich individuals.

Blup

But the rules need go be changed to remove different treatment which encourages dodging.

 

[JohnD]

It doesn’t matter what your name is, rich or poor, labour voter or Tory, you are taxed the same.

That is not true.

 

[motorbiking]

You know it is. The exception is the king.