Tag Archives: income tax

LDV readers say: Tax Capital Gains and Income at the same level

LDV posed the question last month (even before the Osborne/Alexander austerity emergency budget): Do you believe that as a matter of principle capital gains should generally be taxed at the same level as income?

Here’s what you told us:

    68% (946 votes) – Yes
    27% (371) – No
    6% (80) – Don’t know
    Total Votes: 1397, Poll ran: 10th June – 31st July, 2010

If you missed it at the time, it’s well worth having a read of the comments thread.

Posted in Voice polls | Also tagged | 11 Comments

Did you know that two-thirds of people don’t pay income tax?

No, I didn’t either.

But that’s what Polly Toynbee says:

… it does nothing for the 62% of adults who earn too little to pay tax.

Oh hang on, what’s this Lord Bonkers is saying?

It’s not that 62 per cent of people don’t pay tax, it’s that 62 per cent do pay tax.

How out of touch with the lives of ordinary people do you have to be to make a mistake like that and not spot it? It hardly encourages you to have faith in Toynbee’s judgement as a columnist.

You think someone at the Guardian would have spotted it though.

Posted in News | Also tagged , and | 28 Comments

Lord Tebbit’s praise for the Lib Dems’ tax plans

In his blog post in today’s Daily Telegraph Lord Tebbit asks, “Why won’t the two main parties do anything about the madness of taxing the poor?’.

“And I hate to say it, but only one party leader seems to have grasped that, if you construct a system where unskilled people are worse off by taking a job than by staying on welfare, they remain trapped in poverty – and that is Nick Clegg.

Posted in News | Also tagged , and | 33 Comments
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