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Aden Wellsmith
Richard J Murphy
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Comments by "Aden Wellsmith" (@adenwellsmith6908) on "Why are the Tories talking about flat taxes again?" video.
Trickle down will never ever work. But asset stripping the workers of 20% of their income and redistributing it doesn't work. Getting the workers into debt, such as borrwoing, pensions, nuclear clean up, all those debts, just makes people poorer. Ask the simple question. IF people had invested their NI, how big would their pots be? Ask if that would be an issue?
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So where are the trillions of pounds of wealth that the workers have paid the socialist welfare state?
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So why do you need the taxes? It's not as if its going on services, 30% gross profit margin.
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@helenheenan3447 Taxes ultimately do fund spending. You can apply a Hesenburg principle and move it around in time a bit, but ultimately, its funded. As for Richard, he can't even state how big the pension debts are on the balance sheet, and he's an Accountant. He can't even talk about IFRS when it comes to debts. So a simple test. Print vouchers. Pay Public Sector workers in vouchers. No need for tax or fines. Do you think they will complain? Why is it that those who swallow the taxes don't fund government so keen on having the rich pay more tax? You don't need it so you don't need to tax.
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So how's the MoD going to pay the land tax? How's the National Trust going to pay the land tax? Hows the RSPB going to pay the land tax? All massive owners of unproductive land that's being hoarded. So when that golf course is bankrupt because it can't pay the tax, then HMRC get the land. How are htey going to tax themselves?
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@andyinsuffolk Notice the common theme. Someone else pays so I don't. Next, none of they say why the state needs to take 80% of the UK's income. Why does the state need to make a 30% gross profit? That's its current profit margin.
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@BaddeJimme The need for services? What services? Take one example. 1.5 million migrants not working on welfare. On average 1 dependent per migrant. Why do we need to pay taxes for that? On your tax land idea. How much tax would I have to pay on my 1/6th of an acre? What about tax on an acre in Knightsbridge with a tower block on it? The tax on them is even lower, and since income tax goes they are quids in. Buildings not taxed remember. How are local goververnment going to pay the tax?
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@BaddeJimme would be that buildings and other improvements to land would not be taxed. =========== So why are you taking the building? Why are you taxing the improvement?
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@BaddeJimme So what distiguishes value when you don't take account of buildings or employement? How much tax will hyde park pay?
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