Posted on 09/21/2010 5:33:55 AM PDT by jmcenanly
The UK's tax collection agency is putting forth a proposal that all employers send employee paychecks to the government, after which the government would deduct what it deems as the appropriate tax and pay the employees by bank transfer. The proposal by Her Majesty's Revenue and Customs (HMRC) stresses the need for employers to provide real-time information to the government so that it can monitor all payments and make a better assessment of whether the correct tax is being paid.
Currently employers withhold tax and pay the government, providing information at the end of the year, a system know as Pay as You Earn (PAYE). There is no option for those employees to refuse withholding and individually file a tax return at the end of the year.
(Excerpt) Read more at cnbc.com ...
Reminds me of that old cartoon picture of the short form tax return.
Line 1 - How much did you make? $_____________
Line 2 - Send it in. $_____________
-Barack Hussein Obama
Meanwhile, in the bowels of the West Wing, some one is saying “Damn! Why didn’t we think of that??!!”
All Your Earnings Are Belong to Us.
All money rightfully belongs to the Commies.
A new meaning of Government by the people. What would the IRS due if there were no tax forms? Oh I forgot, Administer health care, because they are such kind, comparing , compassionate people. George Orwell, you were the visionary who appears to be correct, Ayn Rand, good ideas, but they don’t seem to be flying.
Well, I looked and looked and don’t see where it says this is satire. It is so unbelievable that it has to be a joke. I bet 0’s administration will be scrambling to get something like this in place over here before January when the door will be hitting them in the arse. Then they can deduct our health insurance too. That’s how they’ll make us all purchase health insurance — control the paycheck before we ever see it.
It could be that the only reason Great Britain still exists is to serve as a cautionary example for other nations...
I have always grated against "royal" terms.
“From each according to his ability, to each according to his need.” Karl Marx
And this is not Marxist.. how?
The UK is inexorably casting itself into oblivion.
Please note that this is not a scheme that's actually happening - just somebody flying a deliberately outrageous kite in a policy debate. Does that never happen in the US?
It does - it just doesn’t seem to happen as often as in the UK. The last really stupid off-the-cuff proposal I recall (I know that statement is a bit of a stretch considering what Obambi has pushed) was McGovern’s idiotic proposal to guarantee a $10,000 yearly income to all Americans back in 1972. It was so over the top that he had to run away from the idea almost as soon as he made it.
Winniesboy wrote:
just somebody flying a deliberately outrageous kite in a policy debate. Does that never happen in the US?
How do you know this wasn’t a serious proposal? It certainly sounds like someone thought enough of it to research it, put procedures in, write it up, and propose it become rule of the realm.
Who’s going to be this generations Robin Hood to this contemptible version of the Sheriff of Nottingham?
As far as the existing PAYE tax collection system is concerned, there's a world of difference between a system which could, theoretically, be subject to abuse by an authoritarian state; and an apparently similar system which operates with comprehensive checks and balances and appeal procedures, ultimately accountable to the rule of law - which thankfully still holds sway here. As I can personally testify from 50 years as a PAYE taxpayer, the inevitable errors are conscientiously (though not always speedily) corrected. Most British taxpayers are unhappy with one or more aspects of taxation: but few if any British taxpayers believe the collection system itself to be corrupt or lacking in integrity.
And this with the “Conservatives” in power there.
So basically they expect people to work at gunpoint, because nobody is going to work under that criteria.
I meant my statement in a general sense. I hope the new PM and his government will reverse what has been a very dangerous social course in the UK.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.