Skip to main content
Mathematics collaboration

Blog

Search
Home
Blog
Student
Photographic Blog
Questions
  
MathsShare > Blog > Posts > Explaining my tweet on the Spending Review  

October 23
Explaining my tweet on the Spending Review

Here is the tweet:  "If tax payers earning over £30K paid £30pm, over £40K £40pm and so on, we could clear over £18 Billion in debt in 4 years. SofAR for Maths!"

 

This was a calculation I made in response to the question of the fairness of the Spending Review.  The point is that those who believe the cuts to be unfairly distributed and who earn over £30K a year could, by making a direct payment, help to ease the burden.  If all taxpayers earning over £30K did this on a sliding scale the amount repaid would be very large indeed.

 

So far for the Maths.  The political point is more complex.  I could be seen as advocating a significant tax increase or from the other point of view, that those arguing that the cuts are unfair should “put their money where their mouth is”...

 

Comments?

Comments

There are no comments for this post.