I don't see why a person who earns more should pay any more tax (as a %) than a person who earns less. We all use the same things that the tax goes to fund. Those that earn more do not suddenly use up more resources etc... in fact are more likely to use less given that they're more likely to have private healthcare etc. It's typically those that earn less who use more resources and require more support - In the way of benefits etc. It really bugs me.
Yes,there are some who earn more who are selfish, money grabbing & will step on whoever they need to just to fill their greed for "more more more" however they are few and far between. Most work and have worked EXTREMELY hard to get where they are and earn more. Why should they be penalised for pushing themselves further?
I completely agree with recent changes in that HR tax payers shouldn't recieve CB etc. All benefits should be means tested and only go where they are truly needed. Tax increases? No!
Income tax increases are just the tip of the iceberg too. Those with more money are more likely to save and invest. With the exception of ISAs and Pensions (which has tax relief to prevent double taxaton) most investments have taxes applied. There's IHT and tax charges on those with pre-existing monies in certain investments over a set limit. It goes on and on.
I don't blame or "hate on" those that pay less tax or those that use more of the "tax-payer's money". It's the government and previous governments. It does really bug me though. I REALLY hope that the current government bring back married person's tax allowances to help take the heat off those that earn more and are hit hard for one partner deciding to be a SAHM or SAHD.
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Totally agree 100% on what your saying. Yeah i think those who earn more shouldnt claim any benefits. Benefits should only be avalible to those why are struggling. I dont claim anything.
I actually didnt claim my sons £250 investment thing, i just figured we didnt need it and I could invest that sort of money for him. but they opened an account for him. I guess its his money so wrong of me not to of. but i fugure the less we take out the better.