Login / Register
D
o
v
e
r
.uk.com
News
Forums
Dover Forum
General Discussion Forum
Politics Forum
Archive Updates
Channel Swimming Forum
Doverforum.com: Sea News
Channel Swimming
History Archive
Calendar
Channel Traffic
If this post contains material that is offensive, inappropriate, illegal, or is a personal attack towards yourself, please report it using the form at the end of this page.
All reported posts will be reviewed by a moderator.
The post you are reporting:
Ross - you make some good points and in my brief post I did not repeat what I have often said before that the nil rate band should be raised to £12k.
Yes, the lower paid are more inclined to spend but we also need investment and we need to reduce the disincentives to invest and work harder to get growth. A survey I highlighted some while back identified 37p as the 'optimum' rate of tax, namely the rate that generates the maximum revenue for HMRC, above that tax revenues decline. The 35p suggestion allows for the 2p NI currently paid at the highest level. As I said that would be self funding, indeed would be more than self funding.
I disagree with you about tax credits as the law of unintended consequences is resulting in these being a contributory factor to holding down salaries alongside the minimum wage and immigration. The latter has this though as an 'intended' consequence!.
Report Post
Your Name
Reason
end link