As it’s a taxing time again, it’s a fine excuse to put out another old one. This time for the attention
of Steer Calmer and Rachel Thieves.
Whilst 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 the boys and girls continually tell us all down her? That school children have no wish to learn. Our workers have no wish to advance. Our benefits system is
too 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.
'What?' I hear you say, 'Who wants to work hard just to pay more tax?' 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 get into the 15% tax bracket thus getting to keep more of their money to spend on stuff. Stuff that needs to be built, creating more openings and overtime for other people building stuff,
creating more people in the 15% bracket giving them more money to spend on stuff, creating more demand, creating more openings and overtime for stuff builders.
Win – win – win out here in the world while our educational
standards reach dizzying heights of excellence.
Told you it was a tad childish. But...
Quote; Milton Berle.
“I just filled out my income tax forms. Who says you can’t get killed by a blank?”
2 comments:
Good idea. Take it a little further so politicians and senior civil servants are on 30% tax whatever they earn. If UK economic growth goes above 3% per year, their tax goes down to 15%, but if growth falls below 3% per year they go back to 30%.
A K Haart,
Yes, I had a similar idea. All those in government, local as well, should only be paid the minimum wage thus only those with a love of the country and a desire to improve the lives of one and all and put the great back into Britain would seek election. They’d also be aware and fully understand the result of any of their ideas and decisions would have on every one of us.
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