This thread sure took an unexpected turn
To declare that a personal, inner experience gives certainty about the workings of the universe is to assign far too much value to one’s subjective sense of conviction.
I’m not that arrogant.
The brain, marvelous instrument though it is, isn’t infallible. It can misfire, seize or hallucinate, and it can do so in a way that’s utterly indistinguishable from reality to the person experiencing it.
After all, after any education, unless you live in a tax haven, you pay tax, so you are effectively paying into the slave regime.
Even in a tax haven you must abide by laws or the government will throw you in prison.
You are basically a slave with more liberties, enough liberties to convince you that you are in fact free, when in reality, you are not.
I pay between 27-40% depending on how my company's year went. It's based on how much you make, how many dependants you claim, and how many other jobs you have can be an influence as well sometimes (but that usually makes it go up, not down)
Originally Posted by kasath
So...my thread got turned into...this? Aye aye aye....
taxed the more you earn
kind of annoying, when i was in college working in a shop, some weeks i wouldnt work enough ours to even be taxed, then the next week i would work a few more hours, but because it was just enough to tax, i would actually earn less than the previous week. fun stuff. i dont really mind in the grand scheme of things. just annoyed me while in college
Need new signature ideas
you contribute according to your ability,the rich pay more the poor less,makes sense right?
The constructive troll!
You get tax free income up to your personal allowance, then pay a % on your taxable income.
This tax year for most people, the personal tax allowance is £8105. You dont pay any tax at all if you earn less than this. Every £ you earn after that is taxxed for most people at 20%. Then you also pay your % 12 national insurance.
Under no situation will you suddenly get taxxed for working a few more hours in a week.
Here in England we have way more people than jobs. Even if everybody wanted to work, they wouldnt all be able to do so.
Our welfare programme also has the flaw of paying alot more than those in temporary jobs or earning minimum wage, meaning it is pointless to get back into the workplace.
You can blame good old Labour for that situation. Thank God the Conservatives are fixing it.
---------- Post added 2013-02-05 at 12:42 AM ----------
You pay the same PERCENTAGE.
Big difference to what you just said.
Your work estimate how mcuh to take out. They usually overestimate it.
If you want to know the theory behind it, its to give the government a mechanism to destroy your lifestyle if it decides you owe money to it.
The problem is typically the ancillary costs of working. ie: travel to work costs, childcare costs, dependant elderly relatives care etc. Plus the effects that some benefits are withdrawn as soon as someone starts working so that there can be initial shocks to the low income person's budget eg: not getting paid until the end of the month/week and getting losing the benefit too.
All of which often tip the balance. It is this balance that is being addressed by the coalition to try to make it a more streamlined system where there is a universal benefit that replaces several old different benefits, and this new one is tapered so that entering the workplace is always guaranteed to pay more (at least that's the theory).
It is the minority of cases however that fuel the political debate (the stereotyped "people sleeping with curtains drawn whilst others go out to work in the cold") when in reality that is not who are being most affected by the changes.
There are BIG changes needed to our system but don't for a minute be fooled that the conservatives are making the changes to benefit the poor they are making them to reduce spending, indeed its only because of the coalition and not a conservative majority that the more extreme suggestions have been shelved. Although some of those extremes (giving a tax rebate to millionares whilst cutting benefits to the poor) were inexplicably voted for by Nick "I've no spine" Clegg's lot.
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It's based on your projected annual income.
His income works out to almost 50,000 before tax.
Yours works out to around 17,00 before tax.
He has a middle class income. You have a lower class income. Hourly rate doesn't matter.