Originally Posted by rcoobc
Who was the poster on here that said that the same amount of money would be gained by the inland revenue by having a flat tax of 5% (he guessed) across the whole of the UK pay spectrum. He got annoyed because I said it was totally immoral.
Whether or not there is any truth in it, its the same point. If it was possible to solve certain problems by giving in to the super rich and letting them pay next to no tax, or letting them receive massive bonuses, then what you have done is not solve anything at all. All you have done is let certain people have everything their way and destroy the groundwork elsewhere. We can let RBS pay their staff whatever they want, and then nothing will get solved, no legislation will be written, no precedent will be set. Or we could, systemically change the way this country, and the global economy is run from the ground up.
Nothing will change. Majority of the population in the west or I should say vast majority of people who matter in the west are comfortable with current status quo and do not want to risk forgoing the living standard prevailing there. So there is no way they will allow anything radical to happen which may and has potential to affect them negatively. It is simply unsustainable though and something will have to give sooner or later.