Philip Hammond: Raise taxes for all to improve services

24 comments
  1. Or… Just focus on the rich and large corporations and get them to pay a decent chunk before you start looking at the less well off.

  2. This is the only pov the BBC has reported about.. raising taxes for poor people or cutting services – they represent the rich and right leaning philosophy. Being state owned this is disgraceful reporting

  3. How I am supposed to afford an accountant to legally hide/divert/obfuscate my money as a lowly poor though if my taxes go up.

  4. Tax the fucking billionaires and massive corporations you bunch of fucking useless cunts! This shit isn’t hard at all!!

    “Oh, but if we tax Amazon they’ll leave!”

    No they fucking won’t, they make way too much money here that even after taxes they’re *still* making a killing.

  5. We should offer an incentive that applies to the personality and wallets of the mega rich. My idea would be to create a 30% tax band where if you build affordable housing which is then deed transferred to the government up to 30% of last years tax band, you pay no tax in the country and can have the new estate named after you. Same with hospitals etc if they want to band together and do it through limited companies.

    The 45% band doesn’t work as the richest in society can avoid most of it anyway so there needs to be both a financial and ego incentive at the same time. Personally I’d love to see the mega rich competing to see who could create the most affluent new areas etc.

    I know a lot of people will rubbish the idea but the existing ideas simply don’t work

  6. How about just closing the tax loopholes, employing more people in HMRC to chase down tax evaders, and claw all the fraudulent Covid loans back.

    That should provide more than enough revenue.

  7. As someone who is earning around 34k, I wouldn’t mind paying a slightly higher percent of tax, for example the 1.25% NI increase, if the rich paid more in taxes and the loopholes and benefits for them were removed

  8. The tax rate is already starting to rise to its highest rate and has these past 12 years.
    When you think of that and then think what has actually improved for people these past 12 years (furlough aside as arguably that was a good scheme) it’s depressing really as I can’t think of anything that has improved.
    I personally am paying more tax as a % and happy to do so if there are benefits to the wellbeing of the country. Honestly I cannot think of one over these past 10/12 years, and I am not a rabid labour supporter just a disillusioned fellow Brit.

  9. I wish this guy were still an MP. He’d make a brilliant cabinet minister compared to the clown posse currently in the Conservative Party.

  10. Raise it for those who will still have plenty after being taxed as much as possible. We don’t need billionaires, all they is hoard their wealth off shore, where it does nothing but accumulate interest, that money would do so much better if it was invested in the country it was made in.

  11. We now have over 100 billionaires in the uk

    A decade ago we had about 10

    During covid billionaires on average DOUBLED their wealth between 2020 and 2022

    Nobody else has any fucking money to tax, it’s all tickled up and now it’s flooding up

  12. Do people in this thread really think you can just get big corps and the rich to fund universal services? Someone else will pay lolz.

  13. I agree, I don’t think the rich can fill the hole. You can’t have taxes like America and wants services like Sweden. But in order to do this, the government show indicate the way forward, why is worth it.

  14. What many don’t realise is we have been having major ‘stealth tax’ rises for years through the freezing of thresholds. With hyper inflation it won’t be long before we are all paying 40% income tax plus 10-13% NI. In total around 50% of our pay packet. Look at the cost of houses, energy, fuel and food 50K goes as far as 30K did 5 years ago. Not only that the freezing of the VAT threshold (now until 2024) is pushing millions of sole traders and small businesses with wage and materiel inflation over the 85000 threshold. As more people get pushed into ‘higher rate’ tax they will also lose benefits. These stealth taxes are bringing a huge windfall for the exchequer.

  15. Taxes are too low across the board in this country for the services we demand if we’re being truthful. People need a reality check.

  16. Or maybe we should make Google, Starbucks, Amazon and Coca Cola to pay their fair share of fucking taxes what are they going to do stop doing business in the UK and lose millions maybe even billions to avoid paying a little bit of tax

  17. We need wealth taxes that target the multimillionaire class. They’ve taken eye watering amounts, even as the economy ground to a halt during lockdowns. Time for that to come back.

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