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Cause and effect 101

Human nature being what it is, when people are told they will be abused and used, they react accordingly. Of course, they are EBIL for doing it:

In the 2009-10 tax year, more than 16,000 people declared an annual income of more than £1 million to HM Revenue and Customs.

This number fell to just 6,000 after Gordon Brown introduced the new 50p top rate of income tax shortly before the last general election.

The figures have been seized upon by the Conservatives to claim that increasing the highest rate of tax actually led to a loss in revenues for the Government.

It is believed that rich Britons moved abroad or took steps to avoid paying the new levy by reducing their taxable incomes.

George Osborne, the Chancellor, announced in the Budget earlier this year that the 50p top rate will be reduced to 45p from next April.

Look, nobody wants to be fleeced. Even what you would consider the not rich guy would get pissed when they are the one targeted by the nanny-staters. For some reason however, and it is well known with collectivists what that reason is, too many of these people have no problem when government tells them they plan to fleece others. Especially if the targets are the people they envy and are jealous of.

Want to know what the lesson here that the left will draw? They need to pass laws that prevent these evil rich sheep from doing things that prevent them from being easy targets. After all, paying more is their obligation! Greedy bastages! How dare they!….

Yeah, sure. In the mean time, the move has ended up costing them money instead of increasing their revenue. Go figure. Who could have predicted that?

3 comments

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  1. Hal_10000 says:

    Want to know what the lesson here that the left will draw? They need to pass laws that prevent these evil rich sheep from doing things that prevent them from being easy targets. After all, paying more is their obligation! Greedy bastages! How dare they!….

    Actually, didn’t they propose a tax last year to go after Eduardo Severin for his FB earning?

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  2. TheContrarian says:

    Actually, didn’t they propose a tax last year to go after Eduardo Severin for his FB earning?

    They did, specifically aimed at people who renounce their citizenship in order to avoid taxes while living abroad.

    The United States and I believe North Korea are the only nations on the planet that tax individuals based on citizenship / residence and not location. I had to file income tax returns while I was living in Japan for three years. Fortunately I earned so little I didn’t have to pay much, but it is still completely unjust.

    The law (proposed by Chuck Schumer, no less) would have made it a crime to renounce citizenship for the express purpose of avoiding taxation. It had been proposed before but it never gets anywhere as it is difficult to enforce.

    I am still considering leaving the United States and renouncing my citizenship in another year or so.

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  3. Mississippi Yankee says:

    Actually, didn’t they propose a tax last year to go after Eduardo Severin for his FB earning?

    Eduardo Severin was an American citizen, for a time, Alex’s story takes place in Great Britain and is a cautionary tale as we regress back to the European model.

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