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831 Replies

 @9H4FS33 answered…3yrs3Y

Add a tax bracket for ultra high net worth individuals to be taxed at a higher rate on income above £500k and remove all existing tax loopholes for large corporations

 @8WF3V9Ganswered…5yrs5Y

Yes, however we need to define what "rich" is. Currently definition still hits the middle-class disproportionately.

 @9GVLBNCanswered…3yrs3Y

Lower the income tax rate for low earners, increase it for high earners, remove tax loopholes for large corporations.

 @9MTZ6J4Independentanswered…2yrs2Y

Lower the income tax for people earning more than 50,000-Should be 30% not 40%. Make the 40% when someone earns 150,000

 @9GWH4KBanswered…3yrs3Y

Yes, and remove all apparent ways to get around it as well as hire someone to check for fraud and unseen/obscure loopholes.

 @9HY5DZXdisagreed…2yrs2Y

what do you think auditors do? the only loopy thing here is you. please read the economic times if you can read...

 @9GCH9FSanswered…3yrs3Y

No, but reduce loopholes and punish those who pay tax through shell businesses by fining them handsomly and giving jail time.

 @9FKKMDXanswered…3yrs3Y

Tax is not fairly balanced between rich and poor because the rich do not pay sufficient tax on assets e.g. inheritance tax, second homes etc

 @98B7QJKanswered…4yrs4Y

No, if people work hard and have good jobs they shouldn't be punished, this puts them off investing in the UK and spending to benefit our economy

 @B7HD7VBanswered…9mos9MO

Tax increase to dynamic rich, asset rich but cash poor should be not taxed more. Increase VAT in luxury items.

 @9GZYQWRfrom Guarda  answered…3yrs3Y

make it fair for everyone , since humans don't even own earth i hate how we gotta PAY. to live under a roof.

 @9NPKH8Janswered…2yrs2Y

This can’t be answered without “the rich” being defined. If people with an annual income of over say £1,000,000 a year then definitely yes. But if it’s just increasing the tax amount for the current 40% or 45% tax bracket then no definitely not. I think there should be an additional bracket.

 @8S4YTZFanswered…5yrs5Y

Raise slightly but reduce tax loopholes and make it harder to evade and avoid tax. Also have non taxing means to encourage wealth to be reinvestes

 @9HY5DZXcommented…2yrs2Y

unlike sit coms on Netflix, tax loopholes haven't existed since the 90's. Please read the economic times before commenting because you look very silly...

 @8ZFLG48answered…4yrs4Y

raise tax on rich and remove all existing tax loopholes for large corporations

 @BF4VXGLanswered…4 days4D

 @BF4QPF2answered…4 days4D

yes increase the tax but on all brackets where the more you earn the greater the tax but always have tax on lower earners in context to cost of living

 @BF45PTKanswered…6 days6D

Tax should not be increased on the middle class. The top 1% should be taxed more

 @BF3PJ9FGreenfrom Famagusta  answered…1wk1W

 @BF33HVWSNPanswered…1wk1W

If people who make more are taxed more, then everyone will have virtually the same income and people who work harder will have the same as people who work less hard at the end of the day, so no

 @BF22TLRanswered…2wks2W

Yes, and make tax rates depend only on wealth not income (10x richer, higher rate of income and capital gains tax etc.), so that people without inherited wealth but high income can catch up.

 @BDZYJDKanswered…2wks2W

Align capital gains with income tax. Tackle fiscal drag within the taxy bracket. Lower the income tax rate and remove all existing tax loopholes for large corporations

 @BDZXTV5answered…2wks2W

Yes, but it should be a wealth tax rather than additional income taxes.

 @BDZWMWSanswered…2wks2W

The tax system needs major reform, including removal of the 100k trap/wall

 @BDZT723answered…2wks2W

Yes, but only on the super rich, and tax unused land and wealth more, create a wealth tax for those with over £50 million in assets and close all loopholes for companies.

 @BDYZHCPanswered…2wks2W

Increase the current thresholds and introduce higher percentage tax brackets than the current 50% tax on x amount

 @9J25S8V  from Maine  answered…3wks3W

 @BDXMQLKanswered…3wks3W

I think we need more tax brackets and it should be mildly increase for very top brackets

 @BDT5SS3answered…4wks4W

In theory - but this cannot be accomplished simply by raising income tax

 @BDR2VJ3answered…1mo1MO

Yes but through taxes such as an increased mansion tax and a new, higher income tax bracket rather than a traditional income tax raise

 @BDQL8XZanswered…1mo1MO

There should be a new 50p rate of income tax on earnings over £1m PA but increase the thresholds of the rates below to catch up with the freezes that have happened.

 @BDQ8BHYanswered…1mo1MO

make sure taxes are in line with other economic factors such as a recession and keep it all proportional so everyone pays the same % in taxes

 @BDMSFHSLiberal Democratanswered…1mo1MO

On the super rich yes. But the higher rate band is effecting normal people who are being forced into this band because the caps haven’t been raised.

 @BDM5WPXanswered…1mo1MO

 @BDKVJQYanswered…1mo1MO

No, the government should be cutting spending in order to lower taxes for all tax brackets

 @BDKHCK3Greenanswered…1mo1MO

Big corporations who make big profit from the UK markets should pay their due taxes here but I do think reduce the tax rate for them from 45% to somewhere between 25-35% and lower taxes for the general public too

 @BDJGQF4answered…1mo1MO

People should pay less income tax, the brackets are wrong and need to be changed.

 @BDJ53HHanswered…1mo1MO

 @BDJ2Q9Xanswered…1mo1MO

Taxing the rich is essential, but only those that are in the elite level of wealth through asset accumulation. Tax assets not work, someone who earns 200k a year should not be punished, but if they own a million pounds of assets that will likely accumulate by +20% a year, a small tax on these assets should be introduced to aid public spending and improve general living standards.

 @BDHYWBP answered…1mo1MO

Yes however the tax free allowance should be increased and higher rate tax band decreased there should just be an increased tax on the extremely wealthy

 @BDH54WW answered…2mos2MO

Remove loopholes and tax ultra wealthy people 3% more and remove non dom

 @BDGD8X3answered…2mos2MO

I believe higher earners should pay more tax but not until you earn 80k plus a year

 @BDGC4SCanswered…2mos2MO

the rich should have higher taxes, the poor should have lower taxes and existing tax loopholes for large corporations should be removed

 @BDGB8KKanswered…2mos2MO

The rich should have no way to accumulate capital and all their wealth should go to the people, taxing merely takes what they make in a day anyway

 @BDG96GSGreenanswered…2mos2MO

Yes but only the extreme rich and keep the same or lower slightly for regular incomes

 @BDG96GSGreenanswered…2mos2MO

 @BDG8RH5answered…2mos2MO

No, keep the current tax structure, abolish fiscal drag and remove all existing tax loopholes for corporations, Pty Ltd’s, LLP’s & Ltd companies.

 @BDG7M4Xanswered…2mos2MO

The means of production should be centralised and money should be redistributed according to one’s needs and direct contributions

 @BDG6MJJanswered…2mos2MO

Tax the rich through capital gains not by raising taxes on all income brackets for everyone because that just hurts the middle class.

 @BDFVQ9Xanswered…2mos2MO

Yes but only fairly- I think tax needs to be improved for the middle class

 @BDFRP9Xanswered…2mos2MO

If by rich you mean the 1%, yes absolutely. If by rich you mean high earning middle class, no.

 @BDFRCYGanswered…2mos2MO

 @BDFJYNPanswered…2mos2MO

Yes, but not too much so that billionaires will move out of the country and harm the economy.

 @BDFJXKQLiberal Democratanswered…2mos2MO

Increase the minimum tax allowance and add at least two additional tax brackets between the minimum and current "enhanced" band - such that 45% applies only to the highest earners, not people who earn a middle-class salary.

 @BDFGGJCanswered…2mos2MO

Yes, but increase the salary threshold much higher than it is currently.

 @BDD92X9answered…2mos2MO

Yes, but only for people earning over 500K per year, and they need to raise the income threshold for the 40% and 45% tax brackets

 @BDD9RLZanswered…2mos2MO

Raise the tax threshold to £20,000 and higher rate to £100,000. Reduce higher rate to 30%. Add another layer at £250,000 and increase that to 50%>

 @BDCVFMCanswered…2mos2MO

No. Not everyone that is wealthy is from wrongdoing or benefits of business enterprise. We as a family have worked hard for our money and have made good financial decisions, so we are financially stable and maybe better off than others. But why should we be penalised for making good decisions for the ones that make bad choices and don’t do well with their money- in having the same opportunities.

 @BDCQHC4answered…2mos2MO

 @BDCP45Banswered…2mos2MO

 @BDCJG96Liberal Democratanswered…2mos2MO

Yes but the rich need to be considered more like millionaires. Super taxing people who are earning a decent 5 figure wage is greedy

 @BDCHTNHanswered…2mos2MO

Only raise tax on the super rich, not people who are working so hard and end up meeting the boarder line of rich for them to have more money taken away

 @BDCGXG8answered…2mos2MO

Increase top earner income tax rates and remove all existing tax loopholes for large corporations

 @BDCGTL4answered…2mos2MO

define rich ... earing 170K a year is a lot biut shouldnt be taxed the same as someone who earns millions. So tax the super rich better (and remove loopholes)

 @BDCFDVPanswered…2mos2MO

I think they need to rethink the 40% tax on earnings over £50k! It should be raised as no one can afford to live off that

 @BDCDT3Hanswered…2mos2MO

No, but bonus' and dividends shouldn't exceed salary and income tax thresholds should rise with inflation

 @BDCD9J5answered…2mos2MO

Yes, raise taxes on extreme wealth and millionaires and eliminate tax loopholes for the highest earners.

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