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Mondo · 10-28-2004, 01:11 PM

Tax the crap out of the rich IMHO. Give money back to the poor, then there will be no poor people.

The tax system over here isn't to fair but its ok. the first ÃÂ£3000 you earn (about $5000 USD) is tax free, the next ÃÂ£9000 is taxed at 20% and then slightly more at 17,000, slightly more at 20,000 and it increases all the way up. If you earn ÃÂ£100,000 a year you get 50% tax but thats relative because they amounts under that are taxed differently so only that money over ÃÂ£99,999 is taxed 50%. I think its fair since I earn ÃÂ£18,000 a year. Given theres allot more poor than rich its good.

10-28-2004, 01:11 PM	#9 (permalink)
Mondo Established Member Join Date: Jul 2004 Posts: 335	Tax the crap out of the rich IMHO. Give money back to the poor, then there will be no poor people. The tax system over here isn't to fair but its ok. the first ÃÂ£3000 you earn (about $5000 USD) is tax free, the next ÃÂ£9000 is taxed at 20% and then slightly more at 17,000, slightly more at 20,000 and it increases all the way up. If you earn ÃÂ£100,000 a year you get 50% tax but thats relative because they amounts under that are taxed differently so only that money over ÃÂ£99,999 is taxed 50%. I think its fair since I earn ÃÂ£18,000 a year. Given theres allot more poor than rich its good.