Submitted on Friday 5th August 2011
Published on Monday 15th August 2011
Current status: Closed
Closed: Wednesday 15th August 2012
Signatures: 8
Tagged with
Take minimum wage earners out of income tax.
Scrap Working Tax Credit, raise Minimum Wage and Income Tax threshold to compensate.
The current system is unnessesarily complicated, first you pay tax and NI from your wages then get WTC paid back to you. Why not just raise Minimum Wage and the tax threshold so that the average person on NMW takes home the same pay as when they get NMW + WTC?
The added advantage is that the tax officers can concentrate on catching tax dodgers.
Simples!
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