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Thread: An Idea to Help the Nation?

  1. #1
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    An Idea to Help the Nation?

    I was doing something this afternoon and had a thought, and it is only a thought but wondered what people thought of it.

    We the people are the Nation, without us there is just an island and therefore we should all feel we have a duty to ensure the nation gets past this economic blip as soon as possible.

    How about this.

    Every adult who is not on just state benefits (so they have an income from a job of some description) pays 1 per day to a National Assistance fund. Companies of up to 10 employees pay 10 per day to the fund, and this increases as the number of employees increases.

    With data from the Office of National Statistics we get the following.

    Adults working: 26,563,291 @1 per day = 26,563,291 per day or 9,695,601,215 pa
    >10 Employees: 567,832 @10 per day = 5,678,320 or 2,072,586,800 pa
    10-250 Employees: 126,826@ 50 per day = 6,341,300 or 2,314,574,500 pa
    250 + Employees: 76,982 @150 per day = 11547300 or 4,241,764,500
    Banks: 172 @ 5000 per day = 860,000 per day or 313,900,000 pa
    Insurance Companies: 118@ 5000 per day = 590,000 per day or 215,350,000 pa

    Total revenue raised would be 11,770,502,589 (11.7 Billion)

    If this money was used simply to pay of the national debt it would reduce the amount owed sooner. It may not be a huge amount in the grand scheme of things, but 11 billion is 11 billion!!

    Anyone got any thoughts? Bear in mind this is simply a thought so lets keep the partisan politics out of it.
    Left for a place without a childish and spite filled Moderator with a Hitler complex. A place of democracy and common sense where questions can be asked with a Mod getting their knickers in a twist because they lack confidence and are on a power trip.

    bet this gets edited. Take care all the decent people here. have fun.

  2. #2
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    Re: An Idea to Help the Nation?

    Quote Originally Posted by Jim Franklin View Post
    I was doing something this afternoon and had a thought, and it is only a thought but wondered what people thought of it.

    We the people are the Nation, without us there is just an island and therefore we should all feel we have a duty to ensure the nation gets past this economic blip as soon as possible.

    How about this.

    Every adult who is not on just state benefits (so they have an income from a job of some description) pays 1 per day to a National Assistance fund. Companies of up to 10 employees pay 10 per day to the fund, and this increases as the number of employees increases.

    With data from the Office of National Statistics we get the following.

    Adults working: 26,563,291 @1 per day = 26,563,291 per day or 9,695,601,215 pa
    >10 Employees: 567,832 @10 per day = 5,678,320 or 2,072,586,800 pa
    10-250 Employees: 126,826@ 50 per day = 6,341,300 or 2,314,574,500 pa
    250 + Employees: 76,982 @150 per day = 11547300 or 4,241,764,500
    Banks: 172 @ 5000 per day = 860,000 per day or 313,900,000 pa
    Insurance Companies: 118@ 5000 per day = 590,000 per day or 215,350,000 pa

    Total revenue raised would be 11,770,502,589 (11.7 Billion)

    If this money was used simply to pay of the national debt it would reduce the amount owed sooner. It may not be a huge amount in the grand scheme of things, but 11 billion is 11 billion!!

    Anyone got any thoughts? Bear in mind this is simply a thought so lets keep the partisan politics out of it.
    From a practical point of view, will everbody pay their share?

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    Re: An Idea to Help the Nation?

    That's a very good question...and so the issue would be was how to create and run such a scheme...
    Left for a place without a childish and spite filled Moderator with a Hitler complex. A place of democracy and common sense where questions can be asked with a Mod getting their knickers in a twist because they lack confidence and are on a power trip.

    bet this gets edited. Take care all the decent people here. have fun.

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