Where socialism leads

jimpeel

jimpeel

Well-Known Member
It seems that the UK wants to get their citizen;'s paychecks sent directly to the government; and then they will send what is left to the poor bastards who live and work there.

That way, they can assure that they get every farthing to fund their bankrupt socialist system.

SOURCE

UK Proposes All Paychecks Go to the State First
Published: Monday, 20 Sep 2010 | 7:57 AM ET

By: Robin Knight
CNBC Associate Web Producer

The UK's tax collection agency is putting forth a proposal that all employers send employee paychecks to the government, after which the government would deduct what it deems as the appropriate tax and pay the employees by bank transfer.

The proposal by Her Majesty's Revenue and Customs (HMRC) stresses the need for employers to provide real-time information to the government so that it can monitor all payments and make a better assessment of whether the correct tax is being paid.

Currently employers withhold tax and pay the government, providing information at the end of the year, a system know as Pay as You Earn (PAYE). There is no option for those employees to refuse withholding and individually file a tax return at the end of the year.

If the real-time information plan works, it further proposes that employers hand over employee salaries to the government first.

"The next step could be to use (real-time) information as the basis for centralizing the calculation and deduction of tax," HMRC said in a July discussion paper.

HMRC described the plan as "radical" as it would be a huge change from the current system that has been largely unchanged for 66 years.

Even though the centralized deductions proposal would provide much-needed oversight, there are some major concerns, George Bull, head of Tax at Baker Tilly, told CNBC.com.

"If HMRC has direct access to employees' bank accounts and makes a mistake, people are going to feel very exposed and vulnerable," Bull said.

And the chance of widespread mistakes could be high, according to Bull. HMRC does not have a good track record of handling large computer systems and has suffered high-profile errors with data, he said.

The system would be massive in terms of data management, larger than a recent attempt to centralize the National Health Service's data, which was later scrapped, Bull said.

If there's a mistake and the HMRC collects too much money, the difficulty of getting it back could be high with repayments of tax taking weeks or months, he said.

"There has to be some very clear understanding of how quickly repayments were made if there was a mistake," Bull said.

HMRC estimated the potential savings to employers from the introduction of the concept would be about £500 million ($780 million).

But the cost of implementing the new system would be "phenomenal," Bull pointed out.

"It's very clear that the system does need to be modernized… It's outdated, it's outmoded," Emma Boon, campaigner manager at the Tax Payers' Alliance, told CNBC.com.

Boon said that the Tax Payers' Alliance was in favor of simplifying tax collection, but stressed that a new complex computer system would add infrastructure and administration costs at a time when the government is trying to reduce spending.

There is a further concern, according to Bull. The centralized storage of so much data poises a security risk as the system may be open to cyber crime.

As well as security issues, there's a huge issue of transparency, according to Boon.

Boon also questioned HMCR's ability to handle to the role effectively.

The Institute of Directors (IoD), a UK organization created to promote the business agenda of directors and entreprenuers, said in a press release it had major concerns about the proposal to allow employees' pay to be paid directly to HMRC.

The IoD said the shift to a real-time, centralized system could be positive as long as the burden on employers was not increased. But it added that the idea of wages being processed by HMRC was "completely unacceptable."

“This document contains a lot of good ideas. But the idea that HMRC should be trusted with the gross pay of employees is not one of them," Richard Baron, Head of Taxation at the IoD, said in the release.

A spokesperson for Chancellor of the Exchequer George Osborne was not immediately available for comment.
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Professur

Professur

Well-Known Member
jimpeel said:
It seems that the UK wants to get their citizen;'s paychecks sent directly to the government; and then they will send what is left to the poor bastards who live and work there.

That way, they can assure that they get every farthing to fund their bankrupt socialist system.
Click to expand...


First you disarm them, then you pretty much do as you please.
 
MrBishop

MrBishop

Well-Known Member
Propose what you like... that's what suggestion boxes are for...don't expect your suggestions to be taken seriously.
 
Professur

Professur

Well-Known Member
MrBishop said:
Propose what you like... that's what suggestion boxes are for...don't expect your suggestions to be taken seriously.
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A lot of people probably said something similar when income tax was first proposed. Don't ever underestimate the power of stupid people in groups. Remember why the Stella awards exist. Then remember that a large percentage of the US population didn't want the Obamacare, but lawmakers voted it into existance ....without reading it.


Do you know what the inflation rate was when gold and silver were the coin of the land? Think about it.
 
2minkey

2minkey

bootlicker
Gotholic said:
It seems like you err in thinking that they are both mutually exclusive.
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um, no.

and i have no burden of proof here gonz. it's just fecal spray, nothing more. no need to provide counterpoint to it.

and by your phrasing it sounds like you're asking me to disprove what i myself have casually suggested.
 
Gonz

Gonz

molṑn labé
Staff member
your statement indicates you find the socialism remark incorrect, yet you don't find in necessary to say why it's inaccurate. Sounds like your version of NUGH-UGH POOPY HEAD.
 
jimpeel

jimpeel

Well-Known Member
Socialism eventually runs out of money and then the government has to start using desperation tactics to make up the shortfall. That is what is going on here. They need to glean every farthing they can to continue their failed programs because they lack the ability to admit that they are wrong.

The desperation move here is they are taking the money of their subjects 100% and then doling out what is left. That way they are assured that they get everything they believe they are "entitled" to. If they believe they are entitled to all of it the subject gets nothing.

Your government trusts you!
 
Winky

Winky

Well-Known Member
socialism has created oceans of blood every time its been tried

Throw in 54 trillion total US debt and unfunded liabilities of 110 trillion
and you’ve got the perfect recipe.
 
2minkey

2minkey

bootlicker
Gonz said:
your statement indicates you find the socialism remark incorrect, yet you don't find in necessary to say why it's inaccurate. Sounds like your version of NUGH-UGH POOPY HEAD.
Click to expand...

it's obviously inaccurate. that kind of thing may go along with socialism. it may not. intrusiveness has many forms, many of which go along with right wing approaches as well. therefore, stupidity.

wow, that was difficult. really required explanation. :retard:

maybe if you read something other than your scriptures i wouldn't have to explain the basics to you so often.
 
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