A UK money and finance forum. Finance Banter

If this is your first visit, be sure to check out the FAQ by clicking the link above. You may have to register before you can post: click the register link above to proceed. To start viewing messages, select the forum that you want to visit from the selection below.

Go Back   Home » Finance Banter forum » UK Finance Newsgroups » UK Finance
Site Map Home Register Authors List Search Today's Posts Mark Forums Read Web Partners

UK Finance (uk.finance) Discussion about Finance issues in the UK.

Dear Dave: pay child benefit to all regardless of income, and save apacket



 
 
Thread Tools Display Modes
  #1  
Old June 15th 10, 09:35 PM posted to uk.finance
johnboy[_2_]
external usenet poster
 
Posts: 5
Default Dear Dave: pay child benefit to all regardless of income, and save apacket

How?

Just add a small amount to income tax to cancel it out.

Then - get rid of all the extra pencil pushers who would otherwise be
needed to decide if the family passes some means test to get it.

Result is a net saving in administration.

In fact, why not pay unemployment benefit and all the other benefits to
everyone, and then take it back in taxes (VAT and income tax) - even more
savings!

Simples
Ads
  #2  
Old June 16th 10, 09:02 AM posted to uk.finance
Gordon H[_3_]
external usenet poster
 
Posts: 358
Default Dear Dave: pay child benefit to all regardless of income, and save a packet

In message , johnboy
writes
How?

Just add a small amount to income tax to cancel it out.

Then - get rid of all the extra pencil pushers who would otherwise be
needed to decide if the family passes some means test to get it.

Result is a net saving in administration.

In fact, why not pay unemployment benefit and all the other benefits to
everyone, and then take it back in taxes (VAT and income tax) - even more
savings!

Simples


But he won't, and that is why I didn't vote for him. ;-)
--
Gordon H
Remove "invalid" to reply
  #3  
Old June 16th 10, 09:58 AM posted to uk.finance
Mark
external usenet poster
 
Posts: 179
Default Dear Dave: pay child benefit to all regardless of income, and save a packet

On Wed, 16 Jun 2010 10:02:58 +0100, Gordon H
wrote:

In message , johnboy
writes
How?

Just add a small amount to income tax to cancel it out.

Then - get rid of all the extra pencil pushers who would otherwise be
needed to decide if the family passes some means test to get it.

Result is a net saving in administration.

In fact, why not pay unemployment benefit and all the other benefits to
everyone, and then take it back in taxes (VAT and income tax) - even more
savings!

Simples


But he won't, and that is why I didn't vote for him. ;-)


I didn't vote for him either ;-)

I think it's daft to have separate taxation and benefits systems. It's
less effecient a more prone to error.

Define a minimum income. Anything above this gets taxed. If income
is lower the rest is made up by applying a negative taxation rate.
--
(\__/) M.
(='.'=) Due to the amount of spam posted via googlegroups and
(")_(") their inaction to the problem. I am blocking some articles
posted from there. If you wish your postings to be seen by
everyone you will need use a different method of posting.

  #4  
Old June 16th 10, 11:49 AM posted to uk.finance
Rob graham
external usenet poster
 
Posts: 134
Default Dear Dave: pay child benefit to all regardless of income, andsave a packet

On 16/06/2010 10:58, Mark wrote:
On Wed, 16 Jun 2010 10:02:58 +0100, Gordon H
wrote:

In , johnboy
writes
How?

Just add a small amount to income tax to cancel it out.

Then - get rid of all the extra pencil pushers who would otherwise be
needed to decide if the family passes some means test to get it.

Result is a net saving in administration.

In fact, why not pay unemployment benefit and all the other benefits to
everyone, and then take it back in taxes (VAT and income tax) - even more
savings!

Simples


But he won't, and that is why I didn't vote for him. ;-)


I didn't vote for him either ;-)

I think it's daft to have separate taxation and benefits systems. It's
less effecient a more prone to error.

Define a minimum income. Anything above this gets taxed. If income
is lower the rest is made up by applying a negative taxation rate.


Trouble is, there's no incentive to work if you get an income
regardless. That's why we've got so many scroungers, particularly from
abroad.

And shouldn't high earners pay more tax proportionately? If not, will we
ever get the deficit down?

Rob Graham
  #5  
Old June 16th 10, 12:10 PM posted to uk.finance
Andy Pandy
external usenet poster
 
Posts: 1,937
Default Dear Dave: pay child benefit to all regardless of income, and save a packet


"johnboy" wrote in message
...
How?

Just add a small amount to income tax to cancel it out.

Then - get rid of all the extra pencil pushers who would otherwise
be
needed to decide if the family passes some means test to get it.


Child benefit is and always has been paid regardless of income.

What you probably mean is child tax credit.

Result is a net saving in administration.

In fact, why not pay unemployment benefit and all the other benefits
to
everyone, and then take it back in taxes (VAT and income tax) - even
more
savings!

Simples


Yup. None of them will ever do it though. It would mean a very large
rise in income tax rates which all governments seem obsessed with
lowering because people are stupid enough to think low income tax
rates means low taxes. Even after Gordon the moron proved them wrong
again and again with all his stealth taxes.

--
Andy


  #6  
Old June 16th 10, 12:14 PM posted to uk.finance
Andy Pandy
external usenet poster
 
Posts: 1,937
Default Dear Dave: pay child benefit to all regardless of income, and save a packet


"Rob Graham" wrote in message
news
On 16/06/2010 10:58, Mark wrote:
On Wed, 16 Jun 2010 10:02:58 +0100, Gordon H
wrote:

In , johnboy
writes
How?

Just add a small amount to income tax to cancel it out.

Then - get rid of all the extra pencil pushers who would
otherwise be
needed to decide if the family passes some means test to get it.

Result is a net saving in administration.

In fact, why not pay unemployment benefit and all the other
benefits to
everyone, and then take it back in taxes (VAT and income tax) -
even more
savings!

Simples

But he won't, and that is why I didn't vote for him. ;-)


I didn't vote for him either ;-)

I think it's daft to have separate taxation and benefits systems.
It's
less effecient a more prone to error.

Define a minimum income. Anything above this gets taxed. If
income
is lower the rest is made up by applying a negative taxation rate.


Trouble is, there's no incentive to work if you get an income
regardless.


No, there's no incentive to work if you don't gain anything from
working because you lose all your benefits. Means testing discourages
work. What the OP proposed was not means testing benefits, so those
who get up off their arse and get a job will be better off than the
"scroungers".

--
Andy


  #7  
Old June 16th 10, 12:16 PM posted to uk.finance
Andy Pandy
external usenet poster
 
Posts: 1,937
Default Dear Dave: pay child benefit to all regardless of income, and save a packet


"Gordon H" wrote in message
...
In message , johnboy
writes
How?

Just add a small amount to income tax to cancel it out.

Then - get rid of all the extra pencil pushers who would otherwise
be
needed to decide if the family passes some means test to get it.

Result is a net saving in administration.

In fact, why not pay unemployment benefit and all the other benefits
to
everyone, and then take it back in taxes (VAT and income tax) - even
more
savings!

Simples


But he won't, and that is why I didn't vote for him. ;-)


Nor did Gordon, so I presume you didn't vote for him either then. Nor
did Nick. Nor did any other party I'm aware of propose it. So, who did
you vote for?

--
Andy


  #8  
Old June 16th 10, 12:38 PM posted to uk.finance
Rob graham
external usenet poster
 
Posts: 134
Default Dear Dave: pay child benefit to all regardless of income, andsave a packet

On 16/06/2010 13:14, Andy Pandy wrote:
"Rob wrote in message
news
On 16/06/2010 10:58, Mark wrote:
On Wed, 16 Jun 2010 10:02:58 +0100, Gordon H
wrote:

In , johnboy
writes
How?

Just add a small amount to income tax to cancel it out.

Then - get rid of all the extra pencil pushers who would
otherwise be
needed to decide if the family passes some means test to get it.

Result is a net saving in administration.

In fact, why not pay unemployment benefit and all the other
benefits to
everyone, and then take it back in taxes (VAT and income tax) -
even more
savings!

Simples

But he won't, and that is why I didn't vote for him. ;-)

I didn't vote for him either ;-)

I think it's daft to have separate taxation and benefits systems.
It's
less effecient a more prone to error.

Define a minimum income. Anything above this gets taxed. If
income
is lower the rest is made up by applying a negative taxation rate.


Trouble is, there's no incentive to work if you get an income
regardless.


No, there's no incentive to work if you don't gain anything from
working because you lose all your benefits. Means testing discourages
work. What the OP proposed was not means testing benefits, so those
who get up off their arse and get a job will be better off than the
"scroungers".

--
Andy



My reply was to Mark rather than the OP. Mark's suggestion WAS a means
testing of a sort because you get above or below a minimum income and
this then determines an addition or a subtraction from your income.

Rob
  #9  
Old June 16th 10, 12:58 PM posted to uk.finance
Gordon H[_3_]
external usenet poster
 
Posts: 358
Default Dear Dave: pay child benefit to all regardless of income, and save a packet

In message , Andy Pandy
writes

"Gordon H" wrote in message
...
In message , johnboy
writes
How?

Just add a small amount to income tax to cancel it out.

Then - get rid of all the extra pencil pushers who would otherwise
be
needed to decide if the family passes some means test to get it.

Result is a net saving in administration.

In fact, why not pay unemployment benefit and all the other benefits
to
everyone, and then take it back in taxes (VAT and income tax) - even
more
savings!

Simples


But he won't, and that is why I didn't vote for him. ;-)


Nor did Gordon, so I presume you didn't vote for him either then. Nor
did Nick. Nor did any other party I'm aware of propose it. So, who did
you vote for?

Andy

I voted for my local MP.
--
Gordon H
Remove "invalid" to reply
  #10  
Old June 16th 10, 03:17 PM posted to uk.finance
tim....
external usenet poster
 
Posts: 213
Default Dear Dave: pay child benefit to all regardless of income, and save a packet


"johnboy" wrote in message
...
How?

Just add a small amount to income tax to cancel it out.

Then - get rid of all the extra pencil pushers who would otherwise be
needed to decide if the family passes some means test to get it.


I don't think that there is the slightest chance of it being means tested by
income for precisely this reason.

In fact, why not pay unemployment benefit and all the other benefits to
everyone, and then take it back in taxes (VAT and income tax) - even more
savings!


Because there would be a ('n even larger than there already is) subset of
people who would decide that there was no need to work for a living

tim


 




Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

vB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Forum Jump


All times are GMT. The time now is 07:58 AM.


Powered by vBulletin® Version 3.6.4
Copyright ©2000 - 2012, Jelsoft Enterprises Ltd.Content Relevant URLs by vBSEO 2.4.0
Copyright ©2004-2012 Finance Banter.
The comments are property of their posters.