Taxes haven’t gone up with inflation. This is nothing new – people have been crying out about it for decades.
I am not really tracking taxes but I am not really surprised. Feels like we are getting squeezed every way possible by government and businesses.
And yet, there’s still a deficit?
‘Stealth Tax’ is just another term the petulant uberwealthy dreamt up to try and get everybody else on board with helping them avoid yet more taxes.
Cut the amount paid by PAYE and go after the self employed Ltd companies for once. I know far too many people “earning” only 12k…
Every last thing we do is f**king taxed.
Our pay, what we buy, the vendor gets taxed on the other end, their staff get taxed, the raw materials get taxed, the factory gets taxed, we get taxed for buying houses, we get taxed for passing on inheritance (if we actually have much left over).
Out of every £1 I’d love to know the percentage of it that’s tax revenue of some sort…
The middle working class need to rally together somehow. They are not only ignored by governments they are used as their cash cow because they know the vote puller is looking after the retirees.
Look at the nashing and wailing from over 65s and the media for daring to touch winter fuel allowance. For many (not all pensioners) an insignificant amount in the grand scheme of things. Whilst an increasing amount of average paid workers and families are now in the 40% bracket and those who were in this backet already see an increasing proportion taxed at 40%.
Then we wonder why local restaurants, pubs and shops close which fuels unemployment and stifles growth.
Don’t feel very fucking stealthy
It’s not just the UK.
We are letting these crooks mortgage the future for the now. And it will collapse spectacularly.
Everyone is getting fucked tbh . Our quality of life is seriously lower than US, Can, Oz , Kiwi. UK just keeps on keeping on . it’s a joke.
Stealth?
Did everyone forget that the government basically paid all wages and gave out low/no interest loans to every business to get through COVID? This is what happens when that needs to be paid down, on top of years of zero growth due to austerity.
Remember the time Liz wanted to cut taxes, borrow from banks to subsidize her wealthy mates? The level of greed and stupidity didn’t disappear; it simply spread itself out.
It’s all done through freezing the bands of income tax, reduction of CGT allowances etc. Then inflation over time means that the above is regressing us in real terms.
ISAs are looking to be the next target…
Stealth taxes have always been there. It’s time for governments to just be honest and say how much they need for providing good services then apply tax accordingly. This constant spin is so fucking tiresome.
And not to mention energy prices… Which could be lower if the government really wanted to intervene and legislate, but seems like shareholder (buddies) income is more important.
16 comments
Taxes haven’t gone up with inflation. This is nothing new – people have been crying out about it for decades.
I am not really tracking taxes but I am not really surprised. Feels like we are getting squeezed every way possible by government and businesses.
And yet, there’s still a deficit?
‘Stealth Tax’ is just another term the petulant uberwealthy dreamt up to try and get everybody else on board with helping them avoid yet more taxes.
Cut the amount paid by PAYE and go after the self employed Ltd companies for once. I know far too many people “earning” only 12k…
Every last thing we do is f**king taxed.
Our pay, what we buy, the vendor gets taxed on the other end, their staff get taxed, the raw materials get taxed, the factory gets taxed, we get taxed for buying houses, we get taxed for passing on inheritance (if we actually have much left over).
Out of every £1 I’d love to know the percentage of it that’s tax revenue of some sort…
The middle working class need to rally together somehow. They are not only ignored by governments they are used as their cash cow because they know the vote puller is looking after the retirees.
Look at the nashing and wailing from over 65s and the media for daring to touch winter fuel allowance. For many (not all pensioners) an insignificant amount in the grand scheme of things. Whilst an increasing amount of average paid workers and families are now in the 40% bracket and those who were in this backet already see an increasing proportion taxed at 40%.
Then we wonder why local restaurants, pubs and shops close which fuels unemployment and stifles growth.
Don’t feel very fucking stealthy
It’s not just the UK.
We are letting these crooks mortgage the future for the now. And it will collapse spectacularly.
Everyone is getting fucked tbh . Our quality of life is seriously lower than US, Can, Oz , Kiwi. UK just keeps on keeping on . it’s a joke.
Stealth?
Did everyone forget that the government basically paid all wages and gave out low/no interest loans to every business to get through COVID? This is what happens when that needs to be paid down, on top of years of zero growth due to austerity.
Remember the time Liz wanted to cut taxes, borrow from banks to subsidize her wealthy mates? The level of greed and stupidity didn’t disappear; it simply spread itself out.
It’s all done through freezing the bands of income tax, reduction of CGT allowances etc. Then inflation over time means that the above is regressing us in real terms.
ISAs are looking to be the next target…
Stealth taxes have always been there. It’s time for governments to just be honest and say how much they need for providing good services then apply tax accordingly. This constant spin is so fucking tiresome.
And not to mention energy prices… Which could be lower if the government really wanted to intervene and legislate, but seems like shareholder (buddies) income is more important.
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