@9GN5KTT6mos6MO
Taxation is a contributory system of financing public services, services that everyone in the UK relies on, either through direct use or indirect reliance on other people's use of them. Given that taxation is a contributory system, the amounts that people pay into the public coffers should be calculated on the basis of the amount that they are able to contribute. First, this is because people who are richer stand to be able to contribute more. Second, poorer people end up contributing more of their income as a percentage than wealthier individuals. These two considerations taken together are sufficient alone to demonstrate the injustice of a flat rate of taxation.
All taxation should be progressive and means tested to be a fair proportion of what people are able to pay
@9FXPN5H7mos7MO
A flat tax rate disproportionally affects those with low wages. Someone who works 35 hours per week on the national living wage brings home £17,625.20 after tax, prior to pension contributions. They "loose" £1,278.80 to taxes. In 2023, the average cost of yearly rent in the UK is £14,388, a single person -according to recent figures- needs an addition £7,812 a month to pay for other essentials. This comes to a total of £22,200 a year, more than they can earn on the living wage.
Someone in the highest tax rate, earning more than £125,140 a year,… Read more
@9F76P8C8mos8MO
A flat rate does not address the issue that lower income earners have a higher tendency/ need to spend incremental income than higher earners.
@9F5KF4H8mos8MO
The rate at which corporation and the super rich profit has increased hugely whilst the rate which average people make money has stagnated. The system does not reward merit, but greed.
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