May 17th, 2013

WATCH: Tax For Dummies

The wonkish equivalent of a motherly lesson in life from the Taxpayers’ Alliance. Osborne’s suggestion that he would merge income tax and National Insurance two years ago has – surprise, surprise – gone absolutely nowhere. Hardly a shock seeing as the status quo lets him tax workers three times on the same income. It should be as easy as ABC…


  1. 1
    S P 4 B S says:

    NI and tax could be dealt with in the same way, but I’d suggest that there should be a nominal % For each. irrelevant to most people, but there are differences between the two things, when it comes to international agreements about which one pays if one lives/works/etc. in different countries.


    • 7
      One term Cameron says:

      And then of course we have the privilege of paying 20% VAT on top of our taxed income, or in the case of fuel, we pay VAT on top of the tax (Duty).


    • 9
      Is it fair? says:

      Kin hate tax. I earn some dosh and I have to pay tax on the income and also NI which is really just a top up tax. Then I buy something with what’s left and I have to pay another 20% tax unless it’s fuel then more like 99% tax. Then I put what is left into the post office savings and I have to pay another 22% tax on the interest. So from the one pound I worked for just how much of it went on tax?

      Now if I was the privately Oppenheimer family owned Stemcor then only 0.01% would go into tax.

      Is this fair?


      • 11
        bumtish says:

        I tell you something else that’s not fair..Diana Abott


      • 12
        Trans National Corporation says:

        We pay no tax at all, it’s all within the rules and completely legal, even though we make billions of pounds of profit.

        Of course, it is because the rules and legality are completely bent in our favour, but the politicians want do anything, because we employ them as non executive directors and promise them a cushy job when they get kicked out of parliament.


        • 24
          Point of Information says:

          You have just summarized the synthesis at the heart of communitarian dialectic.


          • lopo says:

            Did that make anyone else hear the dreary theme tune of the old open university programmes, that makes you want to put on your beige leisure suit and slit your wrists?


      • 16
        RetardEd Militwat, dashingly suave and sophisticated champagne socialist and PM in waiting says:

        Eminently. You are jutht a wittle perthon – one of ve wittle people who help fund OUR tax effecient lifestyles.

        Don’t forget your telly tax, proles.


    • 15
      Anonymous says:

      And when they have combined them, there will be no excuse not to call state pensions a benefit.

      Does not matter to anyone if it all goes into one pot, or not, it is the justification in the persons mind that is needed.

      Just think if we were like the US where every different need was a line item on the wage slip. Why not have a EU tax to pay for the EU. Why not make it explicit to those earning.

      Tax is not a fundamental right, it is just a cut of someone’s wages to fund services. What do we get for the money?


      • 28
        Libertarian says:

        Tax is theft.


        • 37
          Anonymous says:

          It is, when no service is provided. The contract needs consideration to be exchanged, without resorting to threats and intimidation. (Just look at the EU threats, doom if you stop paying. Plain old gang land tactics)

          When the majority believe we are being mugged daily, things will change.


        • 50
          Magic 8 Ball says:

          So you want soldiers to fight ‘for king and country’

          Without paying them?


      • 40

        “Just think if we were like the US where every different need was a line item on the wage slip”
        There are not enough trees in the world to consider such a thing.


  2. 2
    One-term Dave, dragging the Tories to their grave, says:

    I know how to spend your money better than you do, what what!

    How about a nice German-built windfarm in Africa? Or a peachy Indian moonshot? Or even a £32billion HS2 white-elephant railway? By jove! You’d never dream of spending your money so wisely, would you?

    Toodle pip!


    • 23
      Gordon Brown's expense sheet says:

      Because (First, clench jaw then drop mouth open like a drooling cadaver) I always spent it so wisely when I was saving the world. A bit like a pikey on Wonga. (Stare into camera with dead, staring eye – and that’s the one that works…. and GRIN for no reason other than to scare small children and racist LieBore voters)


  3. 3
    David Shatenborough says:

    A triple dip George doesn’t mind hearing about.


  4. 4
    Dave says:

    the taxpayer alliance are Hunts


  5. 5
    S P 4 B S says:

    Are they suggesting that phonics doesn’t always make sense?


    • 38
      Anonymous says:

      Absolutely. Why play with learning when the skill you are learning evolved over time.

      All you have to do is to instil in kids that language is a skill, just like bike riding. It has no laws or anything rigorous like science. It needs constant attention and has to be exercised. Once they understand that it is not a case of learning the rules, they are then free to experiment and copy styles.

      Just like politics, which is a skill of deception under the guise of styles (left, right, …). It needs constant exercise and honing. A competence is rarely achieved until late in life. For some it is clearly beyond their ability.


  6. 6

    Clever vid.

    Wonder if the BBC could be persuaded to … (oh never mind.)


  7. 8
    Beneficial Progressive Tax Policy says:

    For workers: Flat upper rate of 33%, and relief up to 12%.

    Corporation Tax: Fix at about 37%

    Remove all EU tax laws enabling avoidance by domiciling in other member states and institute penalties for avoidance at these new levels if the larger companies do not come around.

    Tax non dom residents in the UK the same way as everybody else.


    • 33
      S P 4 B S says:

      “EU tax laws enabling avoidance by domiciling in other member states”

      Which laws are those then?
      I’m wondering whether you mean dual taxation agreements. Not much to do with the EU.


  8. 10
    Google that suckers says:

    Tax is indeed for dummies.


    • 43
      Iza Comin says:

      The merging of tax and national insurance has been in every Finance Act since 2007 but nobody bothers to read those except accountants and tax advisors. Why doesn’t anybody ever ask why our AIA rates go up and down (EU law) our Corporation tax rates creep down slowly (EU law) and why state benefits increase by such small insulting amounts (EU law). People know this is happening and why it is happening but nobody really cares anymore, we are all either rich toffs or poor sloths.


      • 49
        The Institute of Chartered Accountants says:

        Oh dear no, simplifying taxes would be a terrible thing to do.


  9. 13
    Owen Jones says:

    All Rich people and right-wing people should be taxed at 100%.


  10. 14
    i don't n eed no doctor says:

    Guido – no news is no news. You do not have to put in articles just for the sake of it.


  11. 18
    Moussa Koussa Mark 10 says:

    Oh god

    If it can from the Tory front organisation know as the Wankstain alliance, then just ignore it.

    Bunch of london metro yar boys and yar girls….just a nursery for future Tory MP wannabies !!!!!!


  12. 20
    Spine Watch says:

    Has anybody seen David Cameron’s spine ?


    • 22
      Owen Jones says:

      How dare you its only us lefty’s who don’t have a spine.


    • 29
      Barak Obama says:

      I thought I felt something knobbly when I had my dick up Dave’s ass whilst telling him to stay in the EU.
      Could have been a spine but more probably undigested nuts.


  13. 25
    Charles James Fox says:

    Now we love all things French can William Pitt the Younger please rescind the iniquitous Income Tax. He may bring it back if we have, say 2 big wars in the proceeding century, or if in the future political parties decide to wed us to continental empire.


  14. 26
    Bazinga! says:

    Fuck Gordon Brown.


  15. 27
    Bluemooner1959 says:

    Tax law has yet to catch up with the internet.
    Blame the politicians.


  16. 34
    Tay King-dePisse says:

    In any discussion of taxes, just remember the sagacious wisdom of two great 20th Century philosophers:

    Justice Oliver Wendell Holmes Jnr: “Taxes are the pr!ce we pay for a civilized society.”
    Max Miller: “I’ve sussed what you are, now we’re just setting pr!ce!”


  17. 39
    David B says:

    The combination of NIC and PAYE into one would be a great supply side reform

    The problem is that the completion of the combination is difficulty and will create “Winners and Losers” during the process. Regrettable the political cost for doing it will be high, with Ed Balls making merry with all sorts of scare stories.

    In these circumstances all politicians will choose the line of least resistance and avoid the political cost even if in the long term there is economic gain


  18. 44
    Aparat says:

    I recall Nigel Lawson mentioning, a year or two ago, in the House of Lords, the folly of merging Income Tax and National Insurance, but I can’t remember the page of his autobiography that he indicated everyone should read.


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