I recently got an email from an organization called 98 degrees who were contacting me in regard to RBS Bonuses.
It is a concerning issue that the country taxes the little man who is on less than 20k/annum. These people who earn over 50000.00/annum are taxed @ 50% Income tax but they receive bonuses annually additional to there income. These bonuses are not taxed like wages. It would be a fair comment to say lets tax there bonuses @ 60%, the 60% tax would become public property and would finance the NHS and further public services. By taxing these bonuses across the board one can limit the amount of money they would be awarding and in effect keep more in the system, putting it back where it is needed. That to me sounds like a fairer Briton.
Here is the reply i wrote to 38 Degrees in regard to bonuses ACTA and recent events that no one is targeting in fact there making a big commission with no solution.
Hi 38 Degrees
Yes i did hear about this person getting a massive bonus. I dont think
attacking him directly is the answer. Attacking the ideals and immoral
aspect of this is what should be happening. Getting the government to
place a high TAX like 60% tax on bonuses for these people. weather it
be in shares or money. For instance The shares that were worth £999,000
@ 60% TAX would then be owned by the general public which in turn could
fund our NHS country development and so on much better. It would give
the average Jo a relief and allow for a much lesser Income TAX for
those on less than 20K a year. I think 20-24% Income tax for someone on
12K a year is wrong.
The wealthy need to put more back into the system, why should they be
the only ones who are allowed to enjoy a fulfilled life while others
struggle and suffer. My local council has once again stopped giving out
bin bags, even though i pay a huge amount a month on council tax we get
no bin liners.
Also the one culture changing factor that has fuelled a bit of piece
hope and self education in our lives above the rich and wealthy with
there proclaimed bonuses is the new ACTA bill which aims to keep the
richer rich rather than keep an open free trade market. Being a Open
Source software developer and allowing stupid USA patents mainly one in
particular(that states if you did not build the software yourself you
must pay to use it) taken out by microsoft would be effective in the UK
if the bill is accepted by the EU. The UK has already signed it, this
affects me directly as i program software share it free into the
community which in turn gets debuged by the many. They get the use it i
get to use the debugged version and we all contribute making a free
open commerce of innovation creative and very useful software that
everyone anywhere in the world can enjoy.
The ACTA act will allow patents operating in america to be enforced
globally, as mentioned above the USA patent system does not work as it
allows Microsoft to stop free open source software that has helped
billions of people enjoy learning the internet, education into
programming without any commercial cost, provided a cost assured
economical solution to today’s servers allowing small companies to get
of the ground without licence costs.
Everyone is pointing the finger but no one is targeting the issue
directly. Let him have his bonuses because next year they will all be
given bonuses again and the next year and again and again. TAX the damn
thing that’s what VAT was for in concern to shops so do the same with
there bonuses. Clamp it down so that the money they take out can be put
back into the system and continue the perfect circle.
At the moment ACTA is due to break that circle and seen as nothing is
being done about the bankers bonuses this will continue to break the
perfect circle meaning poverty, filth, and so on will prevail. Beer in
pubs is already priced the poor to drink at home and with the
supermarkets rising the price per bottle that will be unaffordable too.
The future is looking dark and violent. The rules the fat cats play by
needs to change, a 3 year old can see that.