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Old 05-08-2010, 11:08   #10
entwisi
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Re: Cuts and yet more Cuts.. for who?

Quote:
Originally Posted by SPUGGIE J View Post
Bankers: salary tax 65% Bonus tax 70% Profit tax 90%

Earn Over £1000,000 a year salary 65% tax

Earn £50,000 - £100,000 a year salary 60% tax

Earn £20,000- £50,000 a year salary 40% tax

Earn less than £20,000 a year salary 0% tax

Anyone on over £50,000 a year does not qualify for NHS treatment and has to paty through medical insurance.

Greed on the part of some got us here so let HMG do the same to the culprits. The only other option that I am certain will happen is that the shares the gov have in the rescued banks will be sold in the next 18 months.

One way of getting a few bob back.
so someone on 19K takes home 19K, someone who tries a bit harder and earns 22K takes home 13.2K, thats a real incentive you have there Spugs!

in fact with your figures above 19999 you need to get a 14K rise to be any better off. so you would glass ceiling most people at 20K, no incentive to work harder = Disinterested workforce, DW = poor productivity, poor prod = business goes to wall.

Sensationalistic figures like these do more damage than coming up with a workable plan, the fact is if you have 2 children in full time childcare you need to earn ~ 15K to pay for them and that doesn;t even include putting a nappy on their backside or food in their mouth. Where is the incentive for people to work.....
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