Joined: Feb 27 2002 Posts: 18060 Location: On the road
Ferocious Aardvark wrote:Well, off we go. "From 2014 taxpayers will receive personal statements, detailing what they have paid and where the money is going."
WTF? He can actually specify where MY tax is going? Wow. Give me a say, Georgie and we may be talking.
And this pointless wheeze will waste how much money he hasn't got?
Depends how the data is delivered - e-mails are pretty cheap? Just rehash the P60 data into some presentable format and combine it with existing government spending data - simple.
If its printed virtually the whole cost will end up back in the government's coffers one way or another.
Your job is to say to yourself on a job interview does the hiring manager likes me or not. If you aren't a particular manager's cup of tea, you haven't failed -- you've dodged a bullet.
It will be by email, and it will be automatically generated using a simple formula based around how much tax you paid, and what money has been spent by the government, and what proportion of the total tax revenue has been paid by you personally.
Pointless yes, but expensive? Not really.
Its a nothing story which, I rather fancy would be a "wonderful initiative" if the Labour Party had thought of it.
"I've not come 'alfway round t'world fot watch us lose. And I've come halfway round t'world, an' av watched um lose"
Ferocious Aardvark wrote:Well, off we go. "From 2014 taxpayers will receive personal statements, detailing what they have paid and where the money is going."
WTF? He can actually specify where MY tax is going? Wow. Give me a say, Georgie and we may be talking.
And this pointless wheeze will waste how much money he hasn't got?
Old news. Examples were shown on DM website yesterday / day before.
Joined: Apr 03 2003 Posts: 28186 Location: A world of my own ...
Congratulations George on producing the most fundamentally flawed analysis of the impact of the 50p tax rate.
Apparently it didn't raise as much as was expected, because a lot of people took additional income in the preceding year to avoid it. So rather than waiting until we see what it produces this year (the first year that won't be available as an option to additional rate taxpayers) we're going to get rid of it.
Except we're not going to actually get rid of it, we're going to reduce it so it's only 5p different to the higher rate of income tax. I'm sure that will bring all those departed oligarchs and business leaders that fled the country rushing back.
Perhaps the money raised (five times the current income, apparently) can all be used to set up and run this new means testing system for child benefit?
"As you travel through life don't sweat the petty things and don't pet the sweaty things" - George Carlin
I have mixed feelings about the tax statement issue, yes it will be interesting to read where the money goes and the similar one that we get from our local council every year is welcome.
On the other hand my sceptical self is of the opinion that this information is another attempt to deflect blame for budget cuts to those most vulnerable, why else would you highlight the amount spent on benefits if not to justify your budget attacks on those on benefits ?
And after all that you have to ask the question, if government are not there to provide health care and financial support to the weaker in society, then just what are they there for ?
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ROBINSON wrote:It will be by email, and it will be automatically generated using a simple formula based around how much tax you paid, and what money has been spent by the government, and what proportion of the total tax revenue has been paid by you personally.
Pointless yes, but expensive? Not really.
Its a nothing story which, I rather fancy would be a "wonderful initiative" if the Labour Party had thought of it.
No. I've checked. It would have been equally pointless if the Labour Party had thought of it. It would only be a "wonderful initiative" in that strange binary world you appear to occupy where everyone is either Tory or Labour, and they slavishly, uncritically support everything that party does. I've not seen any evidence for that on here.
This seems to be a sop to the Taxpayer's Alliance, so they can point to money spent on the 'undeserving poor'.
Someday, somewhere, today’s empires are tomorrow’s ashes.
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