Taxes - what are the best ideas?

[Oblivion]

why work hard all your life for your efforts to go to the people who dont work, poor people and uneducated dumb fucks tend to have more children they cant afford, smoke, drink, gamble etc, fuck the poor people

Some Arsehats dont deserve the benefit but we end up giving it to them anyway.

[Winston001]

Increasing taxes and govt expenditure is sending the wrong message out, it does not encourage or reward enterprise, it punishes it, conversely lower taxes and less govt spending encourage a vibrant economy that provides more opportunity for everybody

Of course. You've stated the standard objection to taxation. With which I agree.

Still, taxes have been around for at least 3000 years so you and I just have to suck it up.

[Winston001]

Large hole in the death duties idea would be corporations or trust funds, another loophole for the rich.

No.

Changes in share ownership of a company are already caught by IRD rules. It would take very little to tighten that even further.

Family Trusts - easy. Tax all distributions of capital at the death duty rate. I can hear the screams of rage but I'm told they already do this in Australia.

[JimO]

how would no income tax but say a 25%gst work??

[Ocean1]

Still, taxes have been around for at least 3000 years so you and I just have to suck it up.

Go read some on the topic. Taxes as we know them today are a reasonably recent innovation. A mere century ago the vast majority of citizens of the western world paid no tax at all, only the very wealthy contributed.

The British tax act of 1798 applied a progressive rates to income. The rates were 0.08% on income above 60 pounds and 10% on income above 200 pounds.

The American Tax act of 1862 had rates of 3% on income over $600 and 5% on income over $10,000.

In both cases the upper limit applied to very very few people...

It's hardly endemic, in fact most taxes started out as urgent temporary funding, usually to fund wartime excesses.

Lookie: http://www.hmrc.gov.uk/history/index.htm


Edit: New Zealand tax as a percentage of GDP in 1880 was 5%.
In 1940 it was 17%.
In 2000 it was 34%.
I believe we're now well over 50%.

[mashman]

Isn't that called Communism? If this comes into effect, I'm gonna stop working

Oh... is that all it takes to be Communistic? I thought there'd be more to it than that

[lb99]

they should flag the gst on locally produced fresh food and hygene products (include meat, seasonal veg, dairy, baking needs, as well as soaps and stuff.

no gst on petrol

all vehicle rego should be by ruc, including acc, so that you only pay for the kms/risk that you use.

Double the gst on imported and unhealthy foods.

put heavy tarrifs on luxury goods, like tvs and stuff to discourage uneccissary financing. (if you only buy a fridge every 10 years then it doesn't matter if you have to pay more for it, say 50%. but it will stop people from buying a new 65" plasma just cause they have finally paid the old one off)

heavy tarrifs on the finance industry, except for first mortgage holders.
(will stop people ticking up stuff they don't need, as well as harvey norman and all tricking people into financing stuff just cause they bored)

flat tax rate for all (say 18%) that way you can choose how much extra tax you pay by deciding what you spend your money on.

Regulate the mortgage model less in favor of the big banks (say if you borrow 200k at 20% then you have to pay back 240k over the set period.) so we can get freehold sooner.

drug testing for beneficiarys.

councils should only concentrate on core services, not property development and stuff (should help keep our rates down)

anything in packaging should have a weight based tax added to cover the cost of disposal

taxes should mostly be based on spending rather than income, that way you can choose how much tax you pay by how you spend.

oh and fonterra an stuff should be nationalised, we are a primary producer but we cant afford to eat properly, thats bullshit.
if the big food exporters like fonterra were forced to supply the domestic market at cost plus a small margin they would hardly notice the difference in profit globally, let them rape the rest of the world after feeding their workers properly.

thats it so far.......

[Winston001]

Go read some on the topic. Taxes as we know them today are a reasonably recent innovation.

C'mon mate, you know me I always source what I say. The earliest taxes we know of were in Egypt collected by scribes. Before that, there were "contributions" strong-armed by village leaders and tribal chiefs.

http://www.taxinformation.org/articl...x-history.html

What you mean is income tax on wages which is a modern invention dating from the late 1870s. Prior to that, tolls, stamp duty, import duty, window tax etc ad infinitum was used by kings and parliaments to run the country and take overseas trips to the Holy Land...

[Ocean1]

C'mon mate, you know me I always source what I say.

So you'll know about the many peasant uprisings when taxes historically rose above a few percent.

I'm sharpening my pitchfork as we speak.

[Winston001]

Edit: New Zealand tax as a percentage of GDP in 1880 was 5%.
In 1940 it was 17%.
In 2000 it was 34%.
I believe we're now well over 50%.

Farg, you added stuff.

NZ's total tax take according to the OECD is still at 34.5%. Surprised me too, thought it was much higher. http://economix.blogs.nytimes.com/20...veloped-world/

[Winston001]

how would no income tax but say a 25%gst work??

Don't know, wondered the same but I suspect it wouldn't be enough.

The Scandinavian countries are usually comparable to us - good standard of living with moderate populations.

Denmark: GST = 25% Company tax = 25% Personal tax 25-60%.

Even Norway which has a ton of oil has similar taxes.

On that basis we are low tax.

[Winston001]

I'm sharpening my pitchfork as we speak.

Double FARG!


A WITCH A WITCH

[Spearfish]

I would add more tax and I would also put a ceiling on the amount that can be earned, in fact if that amount was exceeded by the greedy bastards they should made to publicly apologise, undergo social humiliation by being fingered as an over achiever and be forced to personally hand the money to the most lethargic non participant in life you would ever have the misfortune to meet and apologise profusely for temporarily raising the standard of personal determination to a point that could have created a feeling of inequality.

[oldrider]

Sod it, gotta go out and its cold as a widows teat. Been chewing over the Capital Gains Tax so any excuse for delay...

Ideally we are all born with equal opportunity and make the best of life.

One significant swerve in that ideal is some families are financially better off than others. So even from the womb some children get out of the starting blocks healthier and with better opportunities.

I don't think we can or should try and change that. The best our society can do is raise the chances for children in poorer families.

However beyond that, children grow up and if the family is well off they can - and do - expect a substantial inheiritance. The result is wealth becomes locked up in the hands of people who did not originally create it, but who believe they are entitled.

So...is it time to reintroduce Death Duties? When you die say 30% of your estate is taken in tax. Let your children forge their own paths in life.

You know how much tax has increased in this country?

I never had to pay any income tax until I got married in 1964, aged 24!

Taxation has just continued to escalate in every which way possible faster than everything else except the cost of keeping politicians in a job!

Fucking thieves!

[Ocean1]

NZ's total tax take according to the OECD is still at 34.5%.

I may be wrong but I think you'll find that's just central government, and probably just income tax based revenue. The correct method of determining how far 'Er Magesties servant's pricks are up your arse is to ask yourself how much of the country's hard-earned passes through their hands.

You know how much tax has increased in this country?

I never had to pay any income tax until I got married in 1964, aged 24!

Taxation has just continued to escalate in every which way possible faster than everything else except the cost of keeping politicians in a job!

Fucking thieves!

I found a pay slip a year or so ago, from when I were a nipper. The total deductions were less than 4%. My father paid about the same when he was married, and he had, (as you may well have) access to a government funded interest free loan for his first house.

Social welfare hadn't been invented, see?