Income
1
votes
...here are some posts made on Spectator.co.uk over the weekend: Fraser Nelson says the richest 1 per cent pay 28 per cent of the UK's income tax, so let's not scare them away. James Forsyth says Lords reform is going to dominate the next parliamentary session, but the government will have a tough time passing it. Jonathan Jones reports on two attacks on David Miliband, and finds that pu...
submitted by Spectator 2 days ago (via spectator.co.uk)
1
votes
I know I harp on about income disparity and how it has widened since the mid-seventies. There others who do see this as the major problem in society today, and not least of these are those attending Davos this year. Listen to Gillian Tett of the Financial Times talking about this on BBC’s This Week.
submitted by Labourhome 3 days ago (via labourhome.org)
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1
votes
Readers may be interested in an e-petition on the HM Government website which calls on the Government to implement the tax cuts for the poorest which Nick Clegg called for last week.  It says: Please sign this to persuade George Osborne to fast track the Lib Dem policy to increase the income tax threshold to
submitted by LiberalDemocratVoice on 1st Feb 2012 (via libdemvoice.org)
1
votes
Alan Whitehead pressed the Government in Parliament yesterday over measures to tackle spiralling house prices and rents in the south of England. In Southampton, the average house price is now 9 times the average income, and the average rent for a two-bed home now accounts for 46% of the average income - one of the highest rent to income ratios in the country. Shelter's Private Rent Watch (p50...
submitted by LabourMatters on 31st Jan 2012 (via labourmatters.com)
1
votes
Polly can be ignorant at times Start with taxing all incomes at the same rate – a worker on an average £26,000 is taxed £5,981, but someone earning the same in dividends pays zero. Those on the 50% tax band only pay 36% on their dividends. Bleedin’ ‘ell Polly! Don’t you know that (in effect) basic rate income tax is collected
submitted by TimWorstall on 31st Jan 2012 (via timworstall.com)
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1
votes
Justice Secretary outlines plans for an large increase in speeding penalties, with the extra income being used to fill a funding gap for victims of crime.
submitted by Telegraph on 30th Jan 2012 (via telegraph.feedsportal.com)
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1
votes
We look forward to the Richard Murphy article on this outrageous piece of tax dodging David Miliband: Mr Miliband’s burgeoning post-ministerial income is siphoned into the company owned with his wife, called The Office Of David Miliband Limited. Tsk, eh, tsk! Financial analysts say the tactic is usually deployed to reduce a joint tax bill by taking income in the form of share dividends and exploiting both partners’ tax-free allowances.
submitted by TimWorstall on 30th Jan 2012 (via timworstall.com)
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1
votes
The Bank of England's emergency programme of printing money to support the economy has helped push pension incomes to record lows, its own figures showed yesterday.
submitted by Telegraph on 28th Jan 2012 (via telegraph.feedsportal.com)
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1
votes
Nick Clegg has been all over the airwaves this week, promoting one of the Liberal Democrats’ flagship policies: raising the income tax threshold to £10,000. This is something that everyone interested in social justice should naturally be inclined to support. If implemented in the forthcoming budget, it would reduce the burden on low- and middle-income
submitted by LiberalDemocratVoice on 27th Jan 2012 (via libdemvoice.org)
1
votes
No, no, of course people don’t make decisions based upon tax Under UK tax rules, any non-resident athlete performing in Britain is subject to income tax on both their appearance fee and any associated worldwide endorsement payments. However, Danny Alexander, chief secretary to the Treasury, said the Government has decided to waive the rule to attract the best talent to the Games. It is not the
submitted by TimWorstall on 27th Jan 2012 (via timworstall.com)
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