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Old 09-20-2010, 10:15 PM
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Default UK Proposes All Paychecks Go to the State First

Don't think there are elements that are begging for this right here in the US?...

UK Proposes All Paychecks Go to the State First

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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.

If the real-time information plan works, it further proposes that employers hand over employee salaries to the government first.

"The next step could be to use (real-time) information as the basis for centralizing the calculation and deduction of tax," HMRC said in a July discussion paper.

HMRC described the plan as "radical" as it would be a huge change from the current system that has been largely unchanged for 66 years.
Makes 1984 look like 1350...
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Old 09-21-2010, 08:53 AM
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Default Re: UK Proposes All Paychecks Go to the State First

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Old 09-21-2010, 11:18 AM
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Default Re: UK Proposes All Paychecks Go to the State First

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Originally Posted by cnredd View Post
Don't think there are elements that are begging for this right here in the US?...

UK Proposes All Paychecks Go to the State First

Makes 1984 look like 1350...
Quote:
All Paychecks Go to the State
Whoa.
F that.
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Old 09-25-2010, 05:31 PM
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Default Re: UK Proposes All Paychecks Go to the State First

... And this is called democracy...
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Old 09-25-2010, 06:57 PM
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Default Re: UK Proposes All Paychecks Go to the State First

Good googly moogly...........
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Old 09-25-2010, 07:19 PM
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Default Re: UK Proposes All Paychecks Go to the State First

Control of the masses.
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Old 09-25-2010, 07:24 PM
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Default Re: UK Proposes All Paychecks Go to the State First

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... And this is called democracy...
Parliamentary Monarchy.
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