15 Dec 2017

A question about : MoneySaving Poll: What's your stance on lowering taxes & public spending?

Poll started 6 October 2014

Would you prefer lower taxes & less public spending or higher taxes & more public spending?

If we take the straightforward premise that to be able to increase public spending taxes also need to be increased (which of course is an oversimplification), we’d like to gauge your stance.

Please choose the option CLOSEST to your views.

Vote in this week's poll

Did you vote? Are you surprised at the results so far? Have your say below. To see the results from last time, click here.

If you haven’t already, join the forum to reply. If you aren’t sure how it all works, read our New to Forum? Intro Guide.

Thanks! title=Smile

This Forum Tip was included in MoneySavingExpert's weekly email
Don't miss out on new deals, loopholes, and vouchers
FAQs
Privacy Policy
Past Emails
Unsubscribe

Best answers:

  • How people could vote for more tax is beyond me really. The Government gets enough of our cash already. How they spend what they get is the problem!
  • What about the option of tax more, slash spending cos that's the only real option if we are serious about cutting the debt
  • What taxes would you increase/cut?
    Would it be fairer to cut VAT rates rather than shift the income tax thresholds - as once you're no longer paying income tax it doesn't matter how the rate changes?
  • Where's the option to keep tax as is, or a little more, and cut spend, or keep spend as is? Surely all the options in the poll just increase (or at best, maintain) the deficit, leading us further along the bad path??
  • I'd like to see peoples suggestions of where spending cuts should be made and services are pushed to the max already. Services are already suffering, how much worse will it get if spending is cut further?
  • caMORON promised before he was elected that he would close tax loop holes - he hasn't done so. There is Ј35BILLION in unpaid taxes by companies making money in the UK and using a whole load of legal loop holes to avoid paying any tax.
    Do you and I pay tax on what we earn through an employer? Yes we do and far too much. Why aren't more people up in arms about all of this?
    We wouldn't need any cut backs if these rotten companies paid their taxes.
    Boots don't pay, vodaphone, bhs, topshop, evans, starbucks, amazon etc - in fact are there any big companies in the UK that do pay their full amount of tax like we all have to?
    I boycott all non tax payers - please do the same, otherwise this will go on. Complain to your MP and to corrupt caMORON.
  • In 1985 the basic tax rate was 30% it's now 20% - A whopping reduction of 33.3% - I think there is plenty of room to increase tax if it is only going to be used to improve the NHS. - Not MP's Salaries, Wars, and general wastage by quangos.
  • The more governments get the more they waste as Labour proved up to 2010.
    For instance what has happened to the 150 Billion or so that Gordon Brown took out of private pensions since 1997 ? Was it worth destroying people's final salary pensions for that money ?
    We now pay about 60 Billion pounds a year in interest on the National Debt, which is almost double what we were paying 5 years ago thanks to the 160 Billion annual deficit legacy. What did we spend that extra 160 Billion pounds on in Labour's final year ?
    Spending is out of control so raising extra tax is clearly not the answer. Cutting spending and paying off debt to the level it was before 2010 will give us at least an extra 30 Billion a year to spend, so the answer clearly has to be a continuation of austerity to get rid of the annual deficit and reduce the National Debt back to manageable levels.
    Why tax people up and then hand money back as WTC.
    Surely it's easier not to tax them in the first place and give them incentive to work !!!!
  • Looks like I won that argument then...
Please Login or Register to reply to this topic