neilh
Good idea
Did anyone notice in the budget that hairdressers chairs are no longer VAT exempt. So now we know how Georgie boy is paying for the £17500 kick-back per year to the rich - it's an indirect taxation on every member of the population. Haircut prices will have to go up to pay for the additional VAT. If they just go up by 10p per cut and everyone in the population has a haircut say on average once a ...
And the South West is the best region for Solar PV electricity production - theoretically every house could be a generator to cover its own needs and feed back into the grid - dramatically cutting dependency on carbon-fuel based power stations
So many of these threads are interlinked. I read somewhere that the average tax kick-back to the average "wealthy" person will be £17,500 per year. That would actually pay for a couple of youngsters to get into work at age-related minimum wage rates. The overall impact could be another 90 jobs in Dawlish. i posed the question on another thread - why is it better to give the rich another £17,500 ...
the sooner the better
We seem to be going round in circles. See my post above: "If we start from the premise that a couple who have children are actually providing a benefit to society then you get a different picture. Why are they providing ? - because it's their children who will keep society going, who provide the future economy, who do the building, who produce the food, who care for the increasingly aging ...
OK here goes: 1. Assume working population of 20 million 2. Assume 1% are earning more than £150,000 a year (i.e. the 50% tax bracket) 3. So this gives 200,000 in that tax bracket 4. Assume average tax kick-back for this group is £17,500 5. This is roughly equivalent to two people on minimum wage (i.e. £17,500 + JSA or income support for 2 people which state wouldn't have to pay (say £7000) = ...
And just to add to the calculation, I think it's about 1% of working population who are in this tax bracket (haven't checked so please correct me someone). If that's the case, that's about 200,000 people. So if we didn't give this tax kick-back to those people we could create about 400,000 jobs instead throughout the country - or about 90 jobs in a town the size of Dawlish. That would help to ...
Isn't it Alan Sugar who has set up trust into which pensioners could pay their unwanted/unnecessary allowances if they desired?
Good question, and the key is "irrespective of income".
