Tuesday, 15 April 2008

Fair Tax

No tax below national average earnings, a flat rate thereafter with no loopholes, and a guaranteed income of half national average earnings by means of a single form of payment called Social Security. Easy.
Posted by at

2 comments:

  1. Anonymous15 April 2008 at 23:32

    It is easy. But what about the feckless? Surely you can't gove the fraudulent Incapacaty Benefit claimant 1/2 national earnings, or my workshy cousin living 24h in a bedroom in his mam's house that sort of money. We'd all be at it- you included!

    And I don't think the Governmet should subsidise low pay with benefits, but expect employers to pay a living wage.

    Keep up the good work,

    ReplyDelete
  2. David Lindsay16 April 2008 at 10:45

    Oh, I quite agree.

    I'd half a minimum wage of half national median earnings per hour, a corporation tax allowance of that sum multiplied by the total number of contractual hours worked by all employees (or by 40 for those without contractual hours - likely to be small businesses that could do with the help anyway), and a flat rate of corporation tax thereafter.

    IB is about proper medical checks. JSA is notoriously a harder nut to crack, but it could be done. I simply don't believe that most fit, healthy, working-age people would just drop out, or have any desire to.

    ReplyDelete

Subscribe to: Post Comments (Atom)