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sebinsua's profile
Seb Insua
Seb Insua
Seb Insua
@sebinsua

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Seb Insua

@sebinsua

→ @nouswaves

London, England
sebinsua.com
Joined September 2015

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    1. Daniel Bayley‏ @DanielBayley80 2 Dec 2019
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      Replying to @DanielBayley80 @MrHarryCole @Citizen_O_World

      went*

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    3. Seb Insua‏ @sebinsua 2 Dec 2019
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      Hang on; if you're self-employed and making £160k, and your tax gets hiked extremely high, why wouldn't you just get to £80k midway through the year and go on holiday? Seems reasonable and if only 1/20 of high earners did this, it would have a large effect on the tax taken in.

      0 replies 0 retweets 2 likes
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    5. Seb Insua‏ @sebinsua 3 Dec 2019
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      This isn't really hypothetical to me since I know a bunch of freelancers that stop working once they've made enough money to live well that year.

      1 reply 0 retweets 1 like
    6. Seb Insua‏ @sebinsua 3 Dec 2019
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      Replying to @sebinsua @DanielBayley80 and

      If you're a parent there's already an effective 60% tax rate (https://www.google.co.uk/amp/s/amp.theguardian.com/uk-news/2018/nov/03/tax-trap-budget-children …).

      1 reply 0 retweets 1 like
    7. Seb Insua‏ @sebinsua 3 Dec 2019
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      Replying to @sebinsua @DanielBayley80 and

      When you get only 40p of every £1 of your so-called salary and already have a financial cushion stopping working is easy. People have a bad week at work or decide to quit working because they're bored.

      1 reply 0 retweets 0 likes
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    9. Seb Insua‏ @sebinsua 3 Dec 2019
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      Sure. But the taxable population is decreasing as the year goes on. You saying that a new person that takes the job will still pay taxes doesn't affect what I'm saying because at high incomes it's unlikely that this person was unemployed before (unless they chose to be.)

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      Seb Insua‏ @sebinsua 3 Dec 2019
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      Yes, but you are not getting what I'm saying. The population of high-skilled people only changes in relation to immigration (and these levels are low). When people drop out of the workforce their job can hopefully be filled however the workforce is still minus one tax payer.

      1:38 AM - 3 Dec 2019
      0 replies 0 retweets 0 likes

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