Well yes but unless it's over a 100% tax that'll always be the case

(PsychoChomp, Tue 10 Jan 2012, 13:42, 1 reply, 14 years ago)

It is sad if the best solution to stopping the rich avoiding paying more is to make poor people poorer.
Whatever happened to philanthropy and altruism?
( tangledupinblue hairy badge with moving eyes, Tue 10 Jan 2012, 13:45, Reply)

It wouldn't make poorer people poorer.
It'll give the people paid less than £12,000 a tax level of 0% which is much better than the current system.
(PsychoChomp, Tue 10 Jan 2012, 13:49, Reply)

I stand by my original point about being rubbish at economics
There would be an interesting knock on effect on pay though - everyone earning £12,001-15,000 would surely want their pay reducing down to £12,000?
( tangledupinblue hairy badge with moving eyes, Tue 10 Jan 2012, 13:58, Reply)

nope, cos they'd only pay tax on the amount above £12000.
same as the current system
( the mighty badger Aphrodite, on a bar stool, by your side, Tue 10 Jan 2012, 14:02, Reply)

Oh yeah
Rubbish at economics, you see?
( tangledupinblue hairy badge with moving eyes, Tue 10 Jan 2012, 14:03, Reply)