#Tax
Politicians, Taxes, and Your Vanishing Paycheck
#Tax
Politicians, Taxes, and Your Vanishing Paycheck
Ah, taxes—the magical process where the government takes your money, spends half of it figuring out how to spend the other half, and then tells you they need more. Politicians, those ever-charismatic tightrope walkers of public trust, promise tax cuts while approving pay raises for themselves. Meanwhile, the government, an all-knowing entity with the efficiency of a sloth on vacation, assures you that your hard-earned dollars are being put to good use—like funding studies on why pigeons bob their heads. And when you dare question it? Well, that’s just unpatriotic.
Economists Slam UK's Top 50p Tax Rate, Demand Drop in Bid to Boost Growth
- Wednesday, 07 September 2011
Twenty high-profile economists have urged the government to drop the top 50p tax rate, saying it is causing "lasting damage" to the UK economy. The tax rate makes the UK less competitive internationally and less attractive to foreign investment and talented workers, according to the economists. They are calling on the coalition to drop the tax at the earliest opportunity as part of a package to stimulate growth.
