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Who Fancies paying more Income tax ?

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  • Who Fancies paying more Income tax ?

    Before all answer with "I do, to help those less fortunate and to pay for the NHS.." , a couple of points. First the BBC asked 1000 people the same question, and 15% said 'yes'. They then handed the form which authorizes the govt. to accept more tax that is legally required and said they'd help them complete it for them. Not one person took the form.
    Secondly, we're currently taxed more than any time in the last 56 years.

    The significance of my question is whether many on here realised that in 2019 Wales was given tax raising powers - the can increase by a further 10p in the pound in any tax band. The Senydd can dictate where and when we go places, what we teach in schools, what can and can't open, and how much money we're allowed to take home. There's no doubt that taxes in Wales will soon push up ahead of England - we already pay much higher Council taxes.

    Seems we've got Home Rule from the Bay already..

  • #2
    Re: Who Fancies paying more Income tax ?

    Welsh Labour has promised not to use those powers whilst the economic impact of Coronavirus remains. A bit vague, but when they do I guess theyll look at the highest rates first.

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    • #3
      Re: Who Fancies paying more Income tax ?

      The average band D council tax for wales is £1591 , whereas for England it is £1818, so is the council tax in wales really "much higher"?

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      • #4
        Re: Who Fancies paying more Income tax ?

        Originally posted by Rjk View Post
        The average band D council tax for wales is £1591 , whereas for England it is £1818, so is the council tax in wales really "much higher"?
        I may have got that wrong !

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        • #5
          Re: Who Fancies paying more Income tax ?

          Originally posted by The Bloop View Post
          Welsh Labour has promised not to use those powers whilst the economic impact of Coronavirus remains. A bit vague, but when they do I guess theyll look at the highest rates first.
          Hope so. I think they'll definitely increase taxes.

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          • #6
            Re: Who Fancies paying more Income tax ?

            Originally posted by A Quiet Monkfish View Post
            Hope so. I think they'll definitely increase taxes.
            Good

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            • #7
              Re: Who Fancies paying more Income tax ?

              Conservatives have said they will freeze council tax for 2 years if elected.

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              • #8
                Re: Who Fancies paying more Income tax ?

                You should all know by now NOT to vote Conservative.

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                • #9
                  Re: Who Fancies paying more Income tax ?

                  Originally posted by Toadstool View Post
                  Conservatives have said they will freeze council tax for 2 years if elected.
                  Two thoughts on that -

                  I think it was in their election broadcast they said 'average' council tax wont rise. Does that mean that some will rise and some wont?

                  I can't find any policy from them regarding Income Tax levels. Is that because they're making no commitments on whether they'll increase it or not, or because I haven't looked hard enough?

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                  • #10
                    Re: Who Fancies paying more Income tax ?

                    Originally posted by Toadstool View Post
                    Conservatives have said they will freeze council tax for 2 years if elected.
                    Or, in other words, council services will be cut.

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                    • #11
                      Re: Who Fancies paying more Income tax ?

                      Originally posted by The Bloop View Post
                      Two thoughts on that -

                      I think it was in their election broadcast they said 'average' council tax wont rise. Does that mean that some will rise and some wont?

                      I can't find any policy from them regarding Income Tax levels. Is that because they're making no commitments on whether they'll increase it or not, or because I haven't looked hard enough?
                      This was their post:

                      ❌ Labour has been raising council tax in #Wales for years.

                      ✅ But we will freeze council tax for at least two years to help get families back on their feet post-pandemic.

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                      • #12
                        Re: Who Fancies paying more Income tax ?

                        Originally posted by Stanmore Bluebird View Post
                        You should all know by now NOT to vote Conservative.
                        Why not? Labour have been in power in Wales for god knows how long...

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                        • #13
                          Re: Who Fancies paying more Income tax ?

                          I'm seeing far more Plaid posters than Labour up here.

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                          • #14
                            Re: Who Fancies paying more Income tax ?

                            I have long been of the belief that there were few options but for everyone to pay more tax - it looked the only way out of a very deep hole. But if the government can keep issuing bonds, and the Bank of England can keep printing money to buy them, there's no reason why we should pay any more than we currently do.

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                            • #15
                              Re: Who Fancies paying more Income tax ?

                              Originally posted by tforturton View Post
                              I have long been of the belief that there were few options but for everyone to pay more tax - it looked the only way out of a very deep hole. But if the government can keep issuing bonds, and the Bank of England can keep printing money to buy them, there's no reason why we should pay any more than we currently do.
                              We've got to the point where the national debt is so large, no Govt. is going to bother trying to reduce it, so yes, just print what you need and so long as there's a market for bonds & gilts then this makes sense.

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