tag:blogger.com,1999:blog-1141932539860553199.post8881946109290145691..comments2024-03-05T10:52:24.691+00:00Comments on Mark Wadsworth: I didn't realise that "in your face taxes" was a widely used term.Mark Wadsworthhttp://www.blogger.com/profile/07733511175178098449noreply@blogger.comBlogger14125tag:blogger.com,1999:blog-1141932539860553199.post-78682064327206153102015-04-10T11:18:59.299+01:002015-04-10T11:18:59.299+01:00TBH/Mark
I own and run a small(ish) business.
We...TBH/Mark<br /><br />I own and run a small(ish) business.<br /><br />We are a tenant<br />We employ people<br />We are in manufacturing<br /><br />So we face the complexities of govt (tax) policy all the time (Ers NI, rent, UBR, Corp Tax, Min wage etc etc).<br /><br />Need stats?/Case Study? - I may be able to help.Shineyhttps://www.blogger.com/profile/13281261419328886986noreply@blogger.comtag:blogger.com,1999:blog-1141932539860553199.post-3637489325646389202015-04-10T10:54:14.095+01:002015-04-10T10:54:14.095+01:00Excellent response Mark. I know I have mentioned t...Excellent response Mark. I know I have mentioned the idea before, but I really think we (i.e YPP, the readership of this blog etc.) should package up our thinking into some sort of reasearch group/ think tank/ lobby group.<br />I can almost guarantee that your excellent submission will be skimmed at best, and mainly because it is written in a fairly casual style, and has no header/ professional presentation and is clearly from a "lay" individual- even if that "lay" individual is more clued up than all of the people meant to read it or decide on the tax reform outcome.<br />I was thinking of some sort of angle on representing the business part of business, rather than the combined business/landlord elements of businesses. Target known tenanting business, and highlight how they are different to owner occupyer businesses even in the same industry etc. Anyway- lets discuss in the pub later.ThomasBHallhttps://www.blogger.com/profile/08998362261169422976noreply@blogger.comtag:blogger.com,1999:blog-1141932539860553199.post-59798408591346917792015-04-10T10:07:41.722+01:002015-04-10T10:07:41.722+01:00Very impressive submission, MW! I do like the idea...Very impressive submission, MW! I do like the idea of accountability of authorities on price and services, though I expect councillors would be battling officers up and down Scotland as the former chase votes and the latter protect their kingdoms. ;)Dick Puddlecotehttps://www.blogger.com/profile/01481866882188932892noreply@blogger.comtag:blogger.com,1999:blog-1141932539860553199.post-55613008761023986222015-04-10T08:58:36.231+01:002015-04-10T08:58:36.231+01:00Mark, wouldn't it be 30%, 50% and 55%? Or is t...Mark, wouldn't it be 30%, 50% and 55%? Or is the local democracy destroying Barnet formula grant reduced and replaced by pretty much exactly the same thing?mombershttps://www.blogger.com/profile/09650866436764567516noreply@blogger.comtag:blogger.com,1999:blog-1141932539860553199.post-30181073135841906752015-04-10T08:32:32.482+01:002015-04-10T08:32:32.482+01:00M, Scottish 10% income tax is no big deal. Basical...M, Scottish 10% income tax is no big deal. Basically what will happen is that HMRC will collect 20% (or 40% or 45%) in the normal way and the Scottish govt gets its share. It will be a faff but not a huge faff.<br /><br />As to LIT, bleurgh, that really would be an administrative nightmare - for a start, do you pay the relevant rate where you work or where you live? <br /><br />B, yes, Derek uses it.Mark Wadsworthhttps://www.blogger.com/profile/07733511175178098449noreply@blogger.comtag:blogger.com,1999:blog-1141932539860553199.post-53069957531598408682015-04-10T08:23:53.014+01:002015-04-10T08:23:53.014+01:00"perhaps, there's nothing new under the s..."perhaps, there's nothing new under the sun"<br /><br />I was thinking more that the term had spread via Google from this blog as far as Canada.<br /><br />Bayardhttps://www.blogger.com/profile/15211150959757982948noreply@blogger.comtag:blogger.com,1999:blog-1141932539860553199.post-59425721647986769132015-04-10T08:12:18.425+01:002015-04-10T08:12:18.425+01:00Mark, great submission!
Page 8 though:
"This ...Mark, great submission!<br />Page 8 though:<br />"This will also save the costs of administering the LBTT and a separate Scottish income tax system. These are probably not very expensive to administer, but not having these costs at all would still be a real cost saving."<br />I reckon the Scottish income tax would be a nightmare to administer both for the gvmt and businesses. Payroll would now be three part: national income tax, NI and local income tax. Not to mention the avoidance and evasion...<br />Any links to proposals for how a local income tax would work and cost estimates?mombershttps://www.blogger.com/profile/09650866436764567516noreply@blogger.comtag:blogger.com,1999:blog-1141932539860553199.post-55799532023930275832015-04-10T07:54:59.250+01:002015-04-10T07:54:59.250+01:00Bj, thanks. The thing about LVT purists is that th...Bj, thanks. The thing about LVT purists is that they don't realise that the rough approximation is as good as, and in some ways better, than the hyper-scientific.<br /><br />SL, yes of course. Certain taxing powers are entirely under their control.Mark Wadsworthhttps://www.blogger.com/profile/07733511175178098449noreply@blogger.comtag:blogger.com,1999:blog-1141932539860553199.post-79344837717866316112015-04-10T00:02:45.837+01:002015-04-10T00:02:45.837+01:00Nice one. Is it legal for Scotland to do this?Nice one. Is it legal for Scotland to do this?Steven_Lhttps://www.blogger.com/profile/05029437876479574883noreply@blogger.comtag:blogger.com,1999:blog-1141932539860553199.post-40371400403089884992015-04-09T23:34:30.458+01:002015-04-09T23:34:30.458+01:00So, basically, keep CT as is, but tweak the local ...So, basically, keep CT as is, but tweak the local grant funding formula as per your graphs. Simples. <br /><br />I think it's outstanding, and clearly a sensible step forward.<br /><br />The LVT purists might not understand the economics underpinning it, but hey.<br /><br />You should perhaps do something similar for England. (with CGT, IHT, IPT chucked in too). <br /><br />Send it to the next Chancellor.<br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br />benjhttps://www.blogger.com/profile/11544297406005346095noreply@blogger.comtag:blogger.com,1999:blog-1141932539860553199.post-21938898080818151382015-04-09T21:33:55.745+01:002015-04-09T21:33:55.745+01:00B, perhaps, there's nothing new under the sun....B, perhaps, there's nothing new under the sun. And <br /><br />a) I didn't invent Home-Owner-Ism, Thatcher did.<br /><br />b) DBC was using the term before I was.Mark Wadsworthhttps://www.blogger.com/profile/07733511175178098449noreply@blogger.comtag:blogger.com,1999:blog-1141932539860553199.post-21823985506841654442015-04-09T21:25:34.851+01:002015-04-09T21:25:34.851+01:00If you look at Google, it's definitely out the...If you look at Google, it's definitely out there as a term, e.g. http://www.thestar.com/news/ontario/2009/11/12/no_new_sales_tax_on_fast_food.html<br /><br />Hasn't this blog also invented the concept of Homeownerism, too?Bayardhttps://www.blogger.com/profile/15211150959757982948noreply@blogger.comtag:blogger.com,1999:blog-1141932539860553199.post-73076425355445120762015-04-09T20:57:25.889+01:002015-04-09T20:57:25.889+01:00Kj, thanks, it was about four days work.
After y...Kj, thanks, it was about four days work. <br /><br />After years of blogging, I can hear these voices saying "Yes, but have you thought about [something]" and so you then go back and include an explanation of [something].Mark Wadsworthhttps://www.blogger.com/profile/07733511175178098449noreply@blogger.comtag:blogger.com,1999:blog-1141932539860553199.post-69400889992637401722015-04-09T20:40:44.867+01:002015-04-09T20:40:44.867+01:00That's a fair bit of serious work that submiss...That's a fair bit of serious work that submission. Well done mr Wadsworth.Kjhttps://www.blogger.com/profile/13530243002915410700noreply@blogger.com