Gasp, shock, horror. The rains of blood and cats with dogs cannot be far behind. Polly:
…why not lift personal allowances to take the low paid out of tax altogether?
Fortunately my fellow bleeding- heart classical liberals over at the Adam Smith Institute have a solution: simply take the poor out of the income tax net altogether by raising the personal allowance from its present rate of £5,435 to £12,000, perhaps even £14,000.
…and urges the Government to adopt the UKIP offical policy of a simple flat tax (with national insurance) starting at £10,000 which will greatly assist many carers.
Yes, there are differences about what happens after that raise in the personal allowance (and Polly via email has pointed out that obviously she doesn\’t support flat taxes) but it is the clear and logical solution to start with, do that first then deal with the other matters.
…to tax the poor so that bureaucrats can give money to the poor is simply ludicrous. We should stop doing it.