Tax. We’ve all become so used to it, we forget how much we’re actually paying. It is relentless, even beyond death. And for what? If we had a semblance of functioning public services, I could maybe stomach it. But we don’t, so what are we actually paying all of this money for?
We are subject to Scandinavian levels of tax for third-world levels of competence - what a toilet deal.
Earn a salary. Income tax, a fifth gone before we’ve even started. National insurance, more on top of that. What for? A ‘world-class’ health service? The NHS? Ha. Good luck.
Even getting to work costs - taxes on buying a car, running a car, insuring a car. Vast amount of road tax. Is that being well spent? Unless you want potholes you can paddle in, the answer is no. A road network built for half the amount of cars. How’s that going? It takes twice as long to get anywhere. Fuel duty and tax on insurance - whack that on top too. Congestion charges, tolls, fines and more. It goes on and on and on.
Forget getting the train, that’ll cost twice as much and never runs on time - a season ticket into London costs thousands. Unaffordable. Yet the trains so often run empty? Maybe that system isn’t working…
VAT on anything that moves - getting taxed to buy products/services, from already taxed money.
Tax, tax, tax, tax, tax, tax. Then more tax.
Did you go to university? Your ‘loan’ isn’t loan, it’s a tax. Interest is so sharp, you’re just paying that off each month. Hundreds gone, to pay for a sociology degree a decade ago. Ouch. Why are we saddling our youngsters with so much debt, with so much interest on top of that? Madness.
Manage to put a few quid away to save? That gets taxed too - ISAs will be under attack in the budget. Profit made on successful investments, what happens? You guessed it. Tax.
Somehow you’ve scrabbled a deposit together for a property. Well done.
Paying half a million quid for a semi-detached? Not cheap. Stamp duty means you get slapped for thousands. Obviously first time buyer exemptions mean less and less as house prices soar.
You’re in the house. Great news. Or so you thought. Council tax. Going up seemingly by 5% every year. Thousands of pounds a year. For what? To collect the bins? Really? Don’t forget the extra costs to have your garden waste removed. Brilliant.
More insurance taxes, and of course VAT on any improvements you want to make. Bills soaring, with tax slapped onto every corner of it - green levies and the rest.
How depressing. Time for a pint.
Alcohol duty. Because of course. Why wouldn’t they throw extra tax on it? I’m not a smoker, but the same applies. Even holidays. Air passenger duty to put a few extra quid onto the price of a trip away. Just for good measure.
You’re limping on through. Maybe you decide that starting your own business is the way to go?
You get it up and running, starting to make a reasonable profit. Take a small salary - to pay for such luxuries as food and heating. As we know, that gets taxed.
Alongside the costs. National Insurance. Business rates. Fees and licences. It is endless.
What’s left after all that? A profit? Surely good news?
Bang. Corporation tax. A big slice gone. After that, we can enjoy a handsome profit. Right?
Nope. Dividend tax. With its brutal thresholds. What slivers you do take get taxed all over again when you want to actually buy something. Obviously.
And the final kick in teeth.
Inheritance tax.
After everything, somehow, you’ve managed to put a reasonable amount of money away. After all that tax, you’ve succeeded in building a financial legacy to pass to your children - your business, and your own savings.
Money you were taxed on the day you earned it, taxed when you saved it, taxed when you invested it, taxed to build your business. It gets taxed one final time. On both your personal savings, and also the value of your company.
Even after death, it continues.
What are we paying all this money for?
Are our schools world-class? Borders secure? Police visible? NHS efficient? Economy thriving? Roads operational?
No. No. No. No. No. No. NOTHING WORKS.
Britain has the highest tax burden in most of our lifetimes, yet the worst services many of us have ever seen. If everything worked perfectly, there could maybe be an argument for such suffocating levels of tax. But it doesn’t, and hasn’t for decades, so there isn’t.
When the taxpayers fail to fund this state monster of inefficiency and unaccountability, what do they do?
QE. Print money. Creating inflation, devaluing our earnings and our savings. Yet one more tax.
The people creating all of this, implementing all of this? £100k plus on the public sector, living in London. Comfortable salary, great pension, no job risk. Clueless about the real world.
Maybe, just maybe, the current approach isn’t working.
We need to urgently cut tax. Shrink government. Reward hard work.
You just can’t tax a nation into prosperity. It never has worked, and it never will work.
LEAVE OUR MONEY ALONE.
I sit in Parliament listening to these ministers, and it’s all just so depressing - the vast majority of them have never run a business, and it SHOWS. You would not believe how bad it is.
They think ‘work’ means turning up to an office between 9 and 5, answering a few emails, and going home at the end of the day. Nice lunch break, few coffees away from the desk, probably a smoking break or several. It doesn’t - not for the millions of men and women who actually create the wealth that funds the state.
Running a small business isn’t a job. It’s a way of life. It is life. It’s 24/7/365. It’s relentless. You are the accountant, HR department, compliance officer, cleaner, marketer, and customer service team - all in one. There’s no sick pay, no safety net, and no taxpayer-funded pension waiting for you.
Holiday? Good luck. If you do manage to get away, it’s checking the phone all day, every day. Wife/husband obviously getting pissed off. We’ve all been there...
It’s all on you. Every invoice chased, every tax deadline met, every bit of red tape navigated is on you. And if you make one mistake, one error, one small slip-up, the state comes after you - in a relentlessly efficient manner that is never afforded to us when we ask questions of it.
Most MPs have no idea what that feels like. They just don’t. We’re going to see more of this in the budget I’m sure. More hurt. More pain. More tax. They don’t get it.
They don’t understand that when a small business owner gets hit with another tax, it’s not absorbed by a ‘budget’ - it’s taken straight out of their family’s pocket.
There is no ‘deficit’ in the business world - that’s called going bust.
And they certainly don’t understand what real risk looks like. Politicians can vote through a policy on Monday and forget it by Tuesday - a small business owner lives with the consequences of that policy for years, decades. The MP monthly salary is safe. It always has been. In the public sector before, and in the public sector after - if not that, some charity/NGO funded entirely by the public sector.
GET A REAL JOB.
If MPs actually spent a week running a small firm - paying suppliers, tackling VAT, navigating health and safety law, sorting out HR issues, chasing clients for payment, trying to expand while staying compliant with everything from GDPR to local planning regulations - they’d legislate very differently. I can promise you that.
They’d realise that most of Britain’s problems could be solved by the state doing less, not more.
Cutting tax. Simplifying regulation. Slashing back the HRification of the country. Trusting people who actually produce things to get on with it.
Instead, we have a political class that talks endlessly about ‘growth’ while brutally punishing the only people capable of delivering it - especially going after the family businesses/farms, which is a particularly spiteful policy decision.
Small business owners are people who work harder than almost anyone in Parliament could imagine - and who are treated worse for it.
Britain’s small businesses don’t succeed because of politicians, they survive in spite of them.