Quote:
Originally Posted by cmonstanley
 well i dont get them now,they were alright till i read their tax policies. |
UKIP tax policy.
UKIP TAX POLICY
Monday, 5th December 2011
UKIP believes in merging income tax and national insurance into a flat rate income tax to greatly simplify our tax code, which currently stands at over 11,000 pages.
At the last election we opted to merge 20% basic income tax with 11% national insurance to create a 31% flat tax on all earned incomes over £11,500. As a tax cut for all, with a higher threshold, it would also take the poorest paid out of income tax altogether.
It would also mean abolishing the existing 40% and 50% income tax brackets, the latter actually costing the economy rather than taking in revenue.
For employers, UKIP aims to abolish employers’ national insurance across a parliament to end the tax on jobs. This will undoubtedly boost employment and simplify the process of employing people.
Back to UKIP Policies
Personally it is simple, easy to apply and above all FAIR as everybody shares the burden equally. They will never get in as the Socialists, reds etc amongst us would never go for it, after all FAIR means tax the rich, no matter how hard they have worked for it...