UK middle classes 'struggling despite incomes of up to £60k a year'

Re:UK middle classes 'struggling despite incomes of up to £6... by tpm on Tuesday February 20, 2024 @07:37AM (#39440493)

How is that relevant in relation to dividends, which are from already taxed profits, so artificially lowering profit to evade tax also lowers dividends?

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Re:UK middle classes 'struggling despite incomes of up to £6... by anotherhue on Tuesday February 20, 2024 @08:26AM (#39440910)

I don't think that's necessarily true.

Regardless, corporate tax avoidance is well documented. Suggesting that because they avoided it once the benefactor needn't pay meaningful tax on receipt is borderline facetious.

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Re:UK middle classes 'struggling despite incomes of up to £6... by tpm on Tuesday February 20, 2024 @09:16AM (#39441572)

> Regardless, corporate tax avoidance is well documented.

Yes. But taxing the revenue is a) already sort of done through VAT (if selling to public etc) and b) not a very good idea in general - it will make prices of everything higher for everyone. If a company is a low-margin mass-producer, their prices will be immediately +Tax%. This, to be popular, would mean the revenue tax would have to be low, which sort of defeats the original purpose.

> they avoided it once

who avoided what?

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