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Haddon told the Sunday Times he had annoyed his accountant by insisting on paying all tax that was due rather than seeking to avoid it.
'I should be paying more tax,' he said. He revealed the letter was partly inspired by the US billionaire investor Warren Buffet, who has said he should pay more tax, as should other members of America's 'super-rich'.
Haddon, a known critic of the government, has accused the government as being 'a cabal of very wealthy people', out of touch with ordinary life, saying his experience of attending boarding school and Oxford University had shown him 'how easy it is for certain groups of people to become wholly insulated from ordinary life'.
Daily Mail
Originally posted by beezzer
reply to post by ollncasino
Any type of legislation towards morality will be seen as a punishment for being wealthy.
You simply cannot legislate morality.
Also, wouldn't it be morally acceptable for those who make any money to pay their fair share? Or does morality only count towards the rich?
Originally posted by ollncasino
Originally posted by beezzer
reply to post by ollncasino
Any type of legislation towards morality will be seen as a punishment for being wealthy.
You simply cannot legislate morality.
Also, wouldn't it be morally acceptable for those who make any money to pay their fair share? Or does morality only count towards the rich?
I personally only object to the rich paying less tax as a proportion of their income. That is what the rich do. They can afford to pay $1,000 per hour tax lawyers.
Ordinary people cannot.
One important point is that it is reasonable to presume that the rich don't feel there is anything wrong with evading tax, therefore it could be argued that laws to legislate morality are indeed required.
Originally posted by beezzer
A fair, flat tax would eliminate any favouratism to any economic group or level.
"equals should be treated equally and unequals unequally."
Aristotle
Link
Originally posted by ollncasino
Originally posted by beezzer
A fair, flat tax would eliminate any favouratism to any economic group or level.
I am surprised that you think it is fair that the poorest people in society should pay the same proportion of their income as tax as a bank CEO.
Are you suggesting that small businesses shouldn't get tax breaks to encourage growth?
"equals should be treated equally and unequals unequally."
Aristotle
Link
Originally posted by beezzer
reply to post by Merriman Weir
Does "do the right thing" only apply to those who make over a certain amount?
Originally posted by Merriman Weir
Originally posted by beezzer
reply to post by Merriman Weir
Does "do the right thing" only apply to those who make over a certain amount?
No, but the ability to determine what is the right thing only applies to those who make over a certain amount.
Originally posted by RealSpoke
reply to post by beezzer
Flat taxes are unfair.
Say the tax rate was 50%
Someone that makes 20,000 a year is only going to have 10,000 left over. But someone that makes 200,000 a year is going to have 100,000 left over.
The person that makes more is going to to be able to live, the other person will not. A flat tax punishes the poor.
A progressive tax "punishes" everyone proportionally.
Flat taxes are unfair.
Originally posted by beezzer
Originally posted by RealSpoke
reply to post by beezzer
Flat taxes are unfair.
Say the tax rate was 50%
Someone that makes 20,000 a year is only going to have 10,000 left over. But someone that makes 200,000 a year is going to have 100,000 left over.
The person that makes more is going to to be able to live, the other person will not. A flat tax punishes the poor.
A progressive tax "punishes" everyone proportionally.
A progressive tax punishes the wealthy. It rewards the poor.
and flat tax it is still fair even according to your definition of fair, when looked on from a higher perspective
Originally posted by beezzer
reply to post by Merriman Weir
A tax should neither be carrot or stick.
Originally posted by beezzer
reply to post by ollncasino
Any type of legislation towards morality will be seen as a punishment for being wealthy.
You simply cannot legislate morality.
Also, wouldn't it be morally acceptable for those who make any money to pay their fair share? Or does morality only count towards the rich?