Richard Bartlett
richardbartlett.bsky.social
Richard Bartlett
@richardbartlett.bsky.social
www.washingtonpost.com/politics/202...

First Amendment, is so revered leading to numerous case law incidents to vanquish attempts to protect vulnerable etc.

US currently has: Free Speech and Inciting Violence variation.

Until betwixt new: Hate Speech, which may be gospel according to (AG) Bondi.😟
September 16, 2025 at 6:22 PM
www.youtube.com/watch?v=odCy...

*Initially speaks to ideal of consumption tax

*Why capital gains taxes encourage investment but warp incomes, for folks with power over company/system

*Anti-growth taxes of today (marginal rates)

*People including doctors, turn away work => less growth due to 62%+
July 5, 2025 at 5:15 AM
£125k+ NonExec wage=> 45% IT

>£100k earner, climbs equiv 60% income tax tinyurl.com/PTTaper StiflesBiz/disincentivises/NoMansLand

Uber elite 125k-band at 45%
*Fix: Now remove PTA taper to it

Increase 50k-band to 42%, fix hole, elite suck up

Reduce £50k/42% to ~40% as fiscal drag bites in 2+ yrs
July 5, 2025 at 4:51 AM
Let Reeves wind IT/NI back

PAYE income tax (tinyurl.com/TaxScout):
£30k'er paid:
£5938, 2021-22
£5789, 2022-23
£5491, 2023-24
£4881, 2024-25

£110k'er paid:
£42611, 2021-22
£43082, 2022-23
£40743, 2023-24
£40063, 2024-25

£60k'er paid:
£16511, 2021-22
£16581, 2022-23
£15962, 2023-24
£14642, 2024-25
July 5, 2025 at 4:10 AM
Sure, the info age will make this difficult. Cost of living has hiked, particularly in areas relating to energy and taxes embedded. Cost of borrowing has risen, council taxes are no smaller and likely to go up more (w/ BBC licence fee etc).

Only new tax for short "bridging loan" until fiscal drag..
July 4, 2025 at 10:03 PM
OECD still shows that until we start getting fiscal drag kicking in then we're one of the lowest West countries for tax take and certainly not smallest for state services. But NHS isn't the devil it is painted to be either.

Messaging, say "going back in time" for badly thought out prior Budgets..🤔?
July 4, 2025 at 9:58 PM
So many call for wealth tax, and this seems a happier medium, to the engineering, quantity surveying type of mind. I will let it drop now.

It is probably unreasonable to try to adapt a flawed mechanism by carving-out Fin Mkts. Just as how you said crediting for SDLT as property tax wouldn't happen.
June 29, 2025 at 12:01 PM
I do understand your position more than perhaps you might realise. As money moves around with business accounts and in how people service their own debt, it just seems that there is room for something other than the latent tax return mechanisms that could help with the incidental public purse.
June 29, 2025 at 11:58 AM
Orbit (of influence) earlier, what was that for?

Employer w/ cost considered working capital, determines he's operating legally, pays salary gladly.

His NI gone, your NI (post thresholds hit) from times of yore=~20% better off, in orbit (if all spent).
His 0.25% + your 0.25% makes orbit= max 0.5%.
June 29, 2025 at 5:01 AM
*Mortgage Indemnity Guarantee, MIG, not MGI.

Any nauseation = unintentional!

I did still find your one-liner initial response very gratifying and I was keen to capture the macro-economic/economic illiteracy of my proposal. But attempted to couch it with refinements in approach, if unconventional!
June 28, 2025 at 8:00 PM
Happy to be bampot + fine that you originally READ assertion that banks themselves would pay this tax, which with the lack of characters per reply, I'll take most but not all the blame for w/ my written comprehension.

Best wishes and still amused I was a bonkersness quote for almost what I said! 😁👍
June 28, 2025 at 7:53 PM
(Or what part of BoE overseen £500bn per day is financial markets. We clearly can't use fact that financial sector is 10%+ of GDP to equate the daily figure percentage. So 0.25% of what actual figure becomes a modelling exercise. As does reflex in anyone reacting to a UK specific new microtax.)
June 28, 2025 at 7:49 PM
Accept am to have a devil of job saying to you that incentive of removing NI completely is assured thru replacing with a bifurcated (consumer+industry+treasury oriented) bleed valve tax with you as you've played thru to heart's content.

But, regulated financial mkts could bifurcate w/ licensed tag?
June 28, 2025 at 7:47 PM
Consumption tax as our electronic banking lives are near incomparable to how VAT/salesTax envisioned.

If BTT-send-microtax is awful, surely worse for merchants who accept 1.5-3.5% charges of CredCard processing many trades?

Consumer marginal rate of tax would come down for higher overall tax take.
June 28, 2025 at 7:23 PM
0.25% is suggested as this is for a new pot of £ for govt who promise, look disingenuous as see coffers=>clam up.

What part of BoE £500bn per day is consumer+Whitehall+industry?

Removing NI completely by substitution should have grown/affordability gains for population.

Yet this=low real-time tax
June 28, 2025 at 7:16 PM
When buying a home w/ £30k saved, you might easily afford £75 to transfer this to the vendor. And if you have to do the old way of sending to conveyancing solicitor first, 2x=£150.

Mortgage on £330k house, could add £750 to get to vendor or multiple. So escrow used? Or like MGI and added to term?
June 28, 2025 at 7:09 PM
Obvious issues being that even though people will be able to afford a 15p impact on their £60 basket of shopping, there will be naysayers.

Also, we'd be taxing the money the government spends, removing some potency for sake of simplicity.

Some may be drawn to cash/crypto but that's still sending..
June 28, 2025 at 7:05 PM
Step 6, in the initial year, defence stockpiling replenishment would be high priority of need, also capital projects to speed up low£ home building, wrongdoing compensation.

Perhaps: storm water seasonal overrun to pump to forest wildfire defences with recycled plastic bunded storage at height. Etc
June 28, 2025 at 7:03 PM
Step 4 contD: Ensure that bank operating licence req. account holder funds to be swiftly TxD to HMRC without bank charges per-transaction or account holder. (Jealousy abound.)

Step 5, consider some of >£200bn to convert public sector pension to funded schemes w/o spooking markets as not borrowing.
June 28, 2025 at 6:57 PM
Step 4, Realising that supply chains need to be short for anything in addition to value-added tax to be palatable, + that politicians are always tempted to exploit taxes, legislate that 0.25% is fixed for the purpose of replacing NI and aiming for a new pot of money for incidental costs of our time.
June 28, 2025 at 6:54 PM
In step 2, am selecting outgoing funds, and to place a separately transacted levy that the account holder pays. 0.25%, a quarter of a penny in the pound.

In step 3, am selecting to, once there is evidence of efficacy, aim to remove all forms of NI, which bring in just under £200bn per annum today.
June 28, 2025 at 6:51 PM
Step 1, bifurcate the financial markets as HF-trading and full scope would be awful to have a tax, even a tiny one.

Step 2, choose a single direction and decide on orbits of influence. Such as employer to employee and when all wages are spent as an orbit.

Step 3, aim to only replace 1 archaic tax
June 28, 2025 at 6:49 PM