Monday, September 20, 2010

So you thought Obama's socialism was as bizarre as it gets?

Guess again. It they get their way in the UK, the government will get first dibs on all earned income and have it paid directly to them. Then they will decide what they will allow the worker to keep.

Yepper! "Workers of the world unite!

This gives a completely new perspective to the old Marxist adage "From each according to his ability, to each according to his need" don't it.


Read on........

UK Proposes All Paychecks Go to the State First

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.
Big Ben & London Eye
Sharon Lorimer

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.

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