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Old 19th January 2022, 13:17   #11
MSS
This is my second home
 
Rover 75CDT, Jaguar XF-S 3.0V6, V'xhall Omega V6 Estate, Twintop 1.8VVT, Astra Estate and Corsa 1.2

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Quote:
Originally Posted by edwardmk View Post
Generally agree, but please define 'high earner' and what your proposals would be on higher taxes for those high earners?
I was hoping that someone would ask, so thank you Martin.

High earner = anyone earning over £75k PA

My proposed tax regime:

A new tax rate of 50% at £50k PA.

A sliding scale of increasing tax between £50k PA and £100k PA thresholds such that above £100k, the tax rate is 100%.

Also, a wealth tax of 100% over £1m including main residence and all other assets.

This will have many positive side effects including curbing the ridiculously high property prices and generally help to achieve a fairer society.

Oh, I forgot to mention. Summary execution for those found to employ tax avoidance schemes or in any way evading tax. Similar benefits to be applied to those able but unwilling to work.

To complement the above:

Minimum wage for working people to be increased to £25k PA. Benefits to non-working people to be at a flat rate of £15k PA. All non-working people to be housed in low-cost housing in appropriate parts of the country.

The above would be just a small part of a wide ranging manifesto for a fairer society.

Are we on board?
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Last edited by MSS; 19th January 2022 at 15:59..
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