Report: Keeping billionaires and the taxman happy | Letters

The Guardian — Opinion has covered a development concerning “Report: Keeping billionaires and the taxman happy | Letters,” with the available account limited to the facts included in the supplied text.

Stephen Gillian states the super-rich could support guarantee a decent wage for low-paid people in return for some tax benefits. The report also notes that Plus letters from Les Bright and Steve Brown I have a simple solution to support keep the super-rich happy with their tax bills while keeping their enormous wealth safely stored offshore and allowing them possibly to spend more time in the UK ( Manchester United Muslim fans group calls on co-owner Jim Ratcliffe to quit, 19 September ). They could insist that any company they earn their wealth from commits to paying all UK staff a decent living wage. For this small compromise from the billionaires (who is expected to still play the money markets and profit from others’ hard labour), the government could offer to reduce employers’ taxation costs by increasing the point at which low-paid people pay tax. Perhaps it could reduce national insurance payments for low-paid people, both employee and employer, thereby stopping the farce of the government paying income support to those on low incomes and then increasing taxation to fund it.

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