Saturday 21 February 2009

Fair Play & Taxes

The Government cannot interfere with properly drawn legal contracts however disreputable these might be. We are not going to get rid of the bonus culture, and the damage done by greed and rampant self interest by pleading to peoples better nature.Those that caused the financial system to collapse do not have a better nature. Nor are we going to repair the Governments collapsing tax revenue by conventional means

What the Government CAN do is tax. For this Tax Year, & the next two, ALL income, however derived ( home or overseas) & however disguised, ( including pension contributions), in excess of half a million pounds should be taxed at 100%. This might be unfair on those who maybe deserve their money but no more unfair than the loss of livelihood, home, etc. suffered by ordinary people through no fault of their own. In fact those caught by this tax are already so wealthy that in reality they wouldn't miss it .

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