Can I retire yet?

\”If you want to increase the incomes of the poor just stop taxing them so bloody much.\”

Probably the most sensible comment to be read in this or any other newspaper, ever.

Be difficult to ever beat that evaluation really…..

17 thoughts on “Can I retire yet?”

  1. Pretty good.

    Being pedantic, you got your NI rates a bit wrong; it’s only charged on income over the threshold, not the lower earnings limit – £146 per week for employees’ NI, £144 per week (an incredibly annoying difference) for employers’ NI.

    I think the lower earnings limit is the point at which you’re deemed to have paid for your contributions record, not the point at which you actually start paying (although I think it’s still used for the £2/week for the self-employed; NI is a complete dog’s breakfast).

    See here, and look at the descriptions down the left to see what each rate is applied to:
    http://www.hmrc.gov.uk/rates/nic.htm

    But doesn’t change the principle of your article.

  2. Yes but it’s early in the day for Arnald. For his best efforts, after closing time is when the quality really appears. This one was even spelt correctly.

  3. No, Arnald’s problem is that he lives on the sunny tax haven island of Jersey, but feels a moral guilt for it (as he is a good collectivist), so comes and plagues Tim’s blog.

    Fuck off to Cuba Arnald and take your bullshit collectivist ‘tax em til the pips squeek’ with you.

    I gave at the office (quite literally).

  4. Many thanks James James for the correction. Guernsey, not Jersey.

    i shall try and remember thst.

    Coming from the equally low tax jurisdiction of the Isle of Man it is difficult to remember sometimes.

    So many names to remember Isle of Man,Jersey,Guernsey,Sark,Alderney,Sark,Monoco,Singapore,Hong Kong, etc…

    So many places avoiding / evading UK levels of taxation.

    How on earth can they survive and why on earth does Arnald live there rather than some high-tax paradise?

  5. Frances
    No, I have a problem with inequality of distribution.

    Taxing the poor less will mean lower wages, as the ideology will fail to raise taxes for the rich, or the corps.

    VAT will bite harder. People will become more disenfranchised. Spending power will be reduced as the drive to reduce wages in order to further company profit will have no limitation.

    There will be less incentive to train or to be educated as the bottom end of payscales will be reduced.

    The top end will continue to rise beyond its current rates.

    It’s completely and utterly idiotic to use people in this way in order to satisfy the greed and the perpetuation of discrimination against the poor, to prove a blackboard equation.

    Worstall should be ashamed if he really thinks the ASI and it’s ilk are a force for the betterment of society as a whole.

    It’s a blatant lie. he doesn’t care though. Real life is a game to him. He wouldn’t know about the sum total of humanity, he only notices pithy, unrealistic alterations to centuries old failed dogma.

    Idiot.

  6. John Galt, you twat.

    I am taxed the same as I would be in the UK, less VAT.

    You haven’t the faintest idea what you’re talking about.

  7. Arnald – as I’ve recommended before just go have a wank and chill the fuck out.
    People who disagree with you are not evil baby eating monsters – in fact in almost all cases they’re just better educated..

  8. Johnnydub
    Maybe you should be directing that at Galt
    “Fuck off to Cuba Arnald and take your bullshit collectivist ‘tax em til the pips squeek’ with you.”

    I was perfectly calm, thanks.

    You seem to very prejudiced, old boy. Maybe you should learn to read before you get ‘educated’.

    Dear oh dear.

  9. Simple, fuck off you simplistic, moralising, patronising, ignorant cunt, Arnald.

    Your hatred of people in general and your psychologically disturbed mind will lead you to do great evil, get yourself professionally counselled before it’s too late.

  10. “Your hatred of people in general and your psychologically disturbed mind will lead you to do great evil, get yourself professionally counselled before it’s too late.”

    Hmm. It must be great being you.

    Try harder.

  11. “Taxing the poor less will mean lower wages”

    How can this be when we have a minimum wage? The poor will (if working) by definition be on minimum wage, so how can not taxing them reduce their wages?

  12. Tim might not agree that NMW should exist, but I am sure he believes that it does exist. Its existence is fairly demonstrable. Its existence is not contingent on Tim approving of it. Jim’s question therefore still stands. You haven’t explained how not taxing those on minimum wage will reduce their wages.

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