May I humbly post this again prior to that big budget day in the forlorn hope those wot would rule over us see it and give it a moments thought. Yeah, right.
While visiting another dimension earlier today, I thought of a cunning plan. A cunning and childish plan. So childish be the cunning plan that it may well baffle the boys and girls of the Lower Sixth.
What do those above us continually tell us lot down her? The fact that school children have no wish to learn. Our workers have no wish to advance. Our benefits system is so generous nobody wants to 'put out' to 'get
on'.
So lets simplify things by having just two tax rates, say 15% and 30%. The object of the game would then be to get a job and really put out and fight for promotion so's to break through the high tax bracket.
'Wot?' I hear you say, 'Who wants to work hard just to pay more tax?' Answer? Nobody, and therein lies the rub of this cunning plan. A total reverse of the system, see? Because it'll be the low paid
wot pay 30% tax!! Study, work hard and fight for advancement to get that rise and get to keep more of your money as your income increases and you break into the 15% tax bracket.
There you have it; now that's what
I call rewarding effort with an incentive to achieve and keep on achieving so you don't risk getting bumped back to the 30% zone.
Kids studying like fury to get all the knowledge and good sustificates, I say again,
good sustificates, they can to give themselves the best chance out there in wonderland and minimise their time paying 30% Tax.
Workers giving it their all to win promotion or working all the overtime there is to break into the 15% tax bracket thus getting to keep more of
their money to spend on stuff. Stuff that needs to be built or made, creating more openings and overtime for other people building and making stuff, creating more people in the 15% bracket giving them more money to spend on
stuff, creating ever more demand, creating ever more openings and overtime for stuff builders and makers. Win, win, win out here in the world while our educational standards reach dizzying heights of excellence. And the dizzying
amount ‘spent’ on unemployment benefits reduces to mere buttons.
Told you it was a tad childish. Hay, let’s call it the Laughable Curve...
Quote; Chris Rock.
“You don’t pay taxes; they take taxes.”
2 comments:
Alternatively do away with income taxes altogether and put the 'deficit' on VAT. Probably around 50%. That will encourage saving and decrease consumption of cakes and sweets. You could remove all tax from fuel at the same time and really encourage businesses.
DiscoveredJoys,
Hah! They won’t stop me eating cake!
Regards fuel, yes but it isn’t going to happen as the plan is to ‘drive’ us out of cars. Coincidentally, I see bus fares are going up. Who’d o’ guessed eh?
Never mind, come Wednesday us down here will be full of joy, right?
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