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50% Tax Rate
Message
From
06/04/2010 14:03:13
 
 
General information
Forum:
Politics
Category:
Taxes
Title:
Miscellaneous
Thread ID:
01458965
Message ID:
01458990
Views:
45
>Congratz England! Nothing incentivizes new business and investment like crippling taxation.
>
>People earning more than £150,000 a year will see a reduction in their take-home pay from today as the new 50p rate of income tax comes into force at the start of the financial year.
>
>In addition to the new tax bracket, announced by Alistair Darling in the Budget last April, high earners will also be subject to a new 42.5 per cent tax on dividends while those people making more than £100,000 a year will have their personal allowance reduced.

>
>http://business.timesonline.co.uk/tol/business/economics/article7088582.ece
>
>I can hardly wait until the US follows suit. $13 trillion+ debt isn't going to pay itself.
>
>tick...tick...tick...

A true patriot and loyal citizen would pay any tax willingly. Wasn't that the argument before the Boston Tea Party occured (and the same statement made by Biden)???? :o) Sometimes I think those who supported the side that lost back then are fighting through their offspring to bring this country "back into the fold." :o) It is an entirely different view and one where neither side can agree upon. Not back then, and not now.
.·*´¨)
.·`TCH
(..·*

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"When the debate is lost, slander becomes the tool of the loser." - Socrates
Vita contingit, Vive cum eo. (Life Happens, Live With it.)
"Life is not measured by the number of breaths we take, but by the moments that take our breath away." -- author unknown
"De omnibus dubitandum"
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