Subbuteo_171
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Increase the threshold and bring in further, higher rates for top end earners is the way to go.Perhaps they should then drop income tax to 18% not 19% to try and gain a bit of credence ?
So, if you earn 151k, you would be saving 50 quid a year? I'ld suggest that's 50 quid you probably don't need.Might be controversial but bankers and footballers aside , most people who earn above 150k will be on the 150-200k I guess . These will include doctors , surgeons , leaders of business who employ loads of staff, why should they pay 45%? They already pay massive amounts of tax and are expected to take on massive amounts of personal responsibility , accountability and liability , have likely spent years training … as a percentage based tax , and if I was a doctor working my a&se to help people I’d be thinking screw you I already pay tens of thousands …..
Might be controversial but bankers and footballers aside , most people who earn above 150k will be on the 150-200k I guess . These will include doctors , surgeons , leaders of business who employ loads of staff, why should they pay 45%? They already pay massive amounts of tax and are expected to take on massive amounts of personal responsibility , accountability and liability , have likely spent years training … as a percentage based tax , and if I was a doctor working my a&se to help people I’d be thinking screw you I already pay tens of thousands …..
Salaried GP wage is a maximum of £93,000 so well under the 45 percent tax bracket. Surgeon is similar.Might be controversial but bankers and footballers aside , most people who earn above 150k will be on the 150-200k I guess . These will include doctors , surgeons , leaders of business who employ loads of staff, why should they pay 45%? They already pay massive amounts of tax and are expected to take on massive amounts of personal responsibility , accountability and liability , have likely spent years training … as a percentage based tax , and if I was a doctor working my a&se to help people I’d be thinking screw you I already pay tens of thousands …..
But that’s not the issue I think : who determines what a person needs or deserves . My point is that if I was fortunate enough to earn 150k then at that range I’m paying 50% tax. Why not 100% if they don’t need it. My point was even at 40% they are paying so much more tax than others. I can see why some might think s@d it I’ll take a less stressful job as I don’t lose out much financiallySo, if you earn 151k, you would be saving 50 quid a year? I'ld suggest that's 50 quid you probably don't need.
I think 45% is fair for an upper amount to be honest, I don’t agree it should be any higher as some think. I just scrape into the 40% bracket but am only paying that on a small amount. As long as the total tax and national insurance burden stay below a combined 50% for top earners I don’t see an issue.Might be controversial but bankers and footballers aside , most people who earn above 150k will be on the 150-200k I guess . These will include doctors , surgeons , leaders of business who employ loads of staff, why should they pay 45%? They already pay massive amounts of tax and are expected to take on massive amounts of personal responsibility , accountability and liability , have likely spent years training … as a percentage based tax , and if I was a doctor working my a&se to help people I’d be thinking screw you I already pay tens of thousands …..
Not at all . I understand who the tax system works.Pay 45% on wages *above* £150k. You're making out as if they pay it on all their wages.
And what Doctor or Surgeon gets paid over £150k??