Tax changes should be pro­gres­sive

Hinckley Times - - LETTERS -

THERE has been some talk again of ad­just­ing the tax breaks on pen­sion con­tri­bu­tions so that the bet­ter paid only get the same real ben­e­fit as ev­ery­one else, which seems fair enough to me. Most peo­ple ac­cept the prin­ci­ple of “pro­gres­sive tax­a­tion” ex­cept it seems when it af­fects them.

When the chan­cel­lor raises the tax-free thresh­old it is pro­moted on the ba­sis of tak­ing many peo­ple out of pay­ing tax al­to­gether. What it also does is give a pro­por­tion­ally big­ger tax re­duc­tion to ev­ery­one on the higher tax rate so the bet­ter off be­come even bet­ter off. The higher paid are ob­vi­ously very pleased with this dou­bly so as usu­ally the higher tax rate thresh­old is in­creased at the same time so they get a two-fold ben­e­fit. I don’t think there­fore they should get quite so up­set when tax ad­just­ments work in the op­po­site di­rec­tion and are gen­uinely “pro­gres­sive” A Clarke

A heron pic­tured by Fiona Kier­ton in her back gar­den in Hall Road, Burbage

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