Author Topic: Paying tradesmen cash is 'morally wrong'  (Read 8260 times)

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Fly

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Re: Paying tradesmen cash is 'morally wrong'
« Reply #15 on: July 24, 2012, 05:28:41 PM »
Taxi driver, cash in hand, morally wrong  ::)
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Pete

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Re: Paying tradesmen cash is 'morally wrong'
« Reply #16 on: July 24, 2012, 06:29:23 PM »
>> My honest view is that all income should be taxed at exactly the same percentage.

Totally disagree with that statement, no disrespect, but it shows a level of naivety to which I can't be arsed to respond.

Greed - it's called greed - and it's what is wrong with the world today. IMHO
I started out with nothing and I've still got most of it left.

Fly

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Re: Paying tradesmen cash is 'morally wrong'
« Reply #17 on: July 24, 2012, 06:35:32 PM »
We've had this one before haven't we. My uptake was, I think . .
If you want a better paid job, prepare to pay more tax, you still have more income to hand.

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Slacker

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Re: Paying tradesmen cash is 'morally wrong'
« Reply #18 on: July 24, 2012, 06:50:32 PM »
>> Tax every penny at exactly the same percentage, regardless of how much you earn and then you couldnt have a fairer system.  Earn £10, and pay £3.  Earn £1m and pay £300k.  Or whatever the percentage is.

That would be ok if we all paid x% of out wages for food, fuel etc

Fly

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Re: Paying tradesmen cash is 'morally wrong'
« Reply #19 on: July 24, 2012, 06:56:20 PM »
Disagree Slack. % doesn't work like that.

A litre at £133.9 is the same for everybody.
Quote
still have more income to hand

Better job, more money, if they can't afford the fuel to do the job on the wages offered. Dont take the job.
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chesterfieldchris

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Re: Paying tradesmen cash is 'morally wrong'
« Reply #20 on: July 24, 2012, 10:22:51 PM »
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Pete

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Re: Paying tradesmen cash is 'morally wrong'
« Reply #21 on: July 25, 2012, 12:04:27 AM »
I like the bit at the end - dead right.
I started out with nothing and I've still got most of it left.

chesterfieldchris

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Re: Paying tradesmen cash is 'morally wrong'
« Reply #22 on: July 25, 2012, 12:16:10 AM »
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Slacker

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Re: Paying tradesmen cash is 'morally wrong'
« Reply #23 on: July 25, 2012, 06:37:13 AM »
The reason I disagree with equal percent tax for everyone:

We all need money to pay for basics (food, heat etc)

Supposing the basics for a family costs £5K a year and the rest is for non-essentials

A family earning £10k a year and taxed at 30% has £2k left for non-essentials

A family earning £20k a year and taxed at 30% has ££9k left for non-essentials

Therefore with equal tax someone with twice the salary has 4.5 times as much spending money

(these are not accurate figures just an illustrative example)


chesterfieldchris

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Re: Paying tradesmen cash is 'morally wrong'
« Reply #24 on: July 25, 2012, 09:01:03 AM »
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k4blades

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Re: Paying tradesmen cash is 'morally wrong'
« Reply #25 on: July 25, 2012, 05:51:13 PM »
And back on topic, it just shows how out of touch with the real world our politicians are. As a sole trader, dealing with members of the public, I often get paid in 1 of 2 ways. Cash or cheques. The banks want to do away with chqs, and the Govt want to do away with cash.....so we will all be forced to carry around some sort of portable chip and pin device, which the banks will of course charge a fortune for.....

chesterfieldchris

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Re: Paying tradesmen cash is 'morally wrong'
« Reply #26 on: July 25, 2012, 11:44:44 PM »
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Slacker

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Re: Paying tradesmen cash is 'morally wrong'
« Reply #27 on: July 26, 2012, 06:26:53 AM »
Actually, although just illustrative, your calculations above do not account for the fact that you can earn £8,100 before starting to pay tax. Which is a big chunk of the £10k earners pay  So the £10k earner will only pay tax on £1,900 (£570)

The £20k earner will pay tax on £11,900 (£3,570 or just over six times the tax that the £10k earner pays).

As both have their £5k of essentials covered by the tax free allowance - where is the problem?  The more you earn, the more you take home, and everyone from minimum wage to millionaires pays exactly the same percentage.

In actual fact, given your two examples above, thats the exact system we have now as the 20% tax bracket doesn't change to 40% until you have earnt £34,000 of taxable income (salary is over £42k)

I was basing it on your suggestion of no personal allowance

chesterfieldchris

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Re: Paying tradesmen cash is 'morally wrong'
« Reply #28 on: July 26, 2012, 09:40:24 AM »
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