Tracey Emin in threat to leave over tax
Discussion
http://news.bbc.co.uk/1/hi/uk/8289295.stm
Also, she deserves to be taxed at that rate, it's not like she deserves the cash!
bbc said:
Artist Emin may quit UK over tax
Artist Tracey Emin has said she is thinking of leaving the UK in protest about being overtaxed.
In a Sunday Times interview she said she was "very seriously considering leaving Britain," adding: "I'm simply not willing to pay tax at 50%."
The government's 50p tax rate for incomes of more than £150,000 will be introduced in April.
Emin said she is considering France because she thinks it has lower taxes and appreciates the arts more.
She said: "So much here is simply not working now. The taxes are too high, there aren't enough incentives to work hard, and our politicians have put me off. We're paying through the nose for everything."
'Importance of culture'
Referring to the new tax, she said: "I reckon it would mean me paying about 65p in every pound with tax, National Insurance and so on."
Emin said the Labour government had no understanding for the arts.
"At least in France their politicians have always understood the importance of culture and they have traditionally helped out artists with subsidy and some tax advantages," she said.
"We simply have what I call 'ambition politicians' who go from one department to another for career reasons," she said.
"We should never have got involved in either Iraq or Afghanistan. Nor should we have bid for the Olympics, which we've now got and cannot afford," Emin added.
The new tax rate, announced in April's Budget, broke Labour's 2005 manifesto pledge not to raise income tax for high earners during this Parliament.
The government estimated the higher rate would raise £1.13bn next year.
I'm not sure how to take this - in principle I agree with her (despite not earning enough to be in the top bracket), but on the other side I'd love to see her leave.Artist Tracey Emin has said she is thinking of leaving the UK in protest about being overtaxed.
In a Sunday Times interview she said she was "very seriously considering leaving Britain," adding: "I'm simply not willing to pay tax at 50%."
The government's 50p tax rate for incomes of more than £150,000 will be introduced in April.
Emin said she is considering France because she thinks it has lower taxes and appreciates the arts more.
She said: "So much here is simply not working now. The taxes are too high, there aren't enough incentives to work hard, and our politicians have put me off. We're paying through the nose for everything."
'Importance of culture'
Referring to the new tax, she said: "I reckon it would mean me paying about 65p in every pound with tax, National Insurance and so on."
Emin said the Labour government had no understanding for the arts.
"At least in France their politicians have always understood the importance of culture and they have traditionally helped out artists with subsidy and some tax advantages," she said.
"We simply have what I call 'ambition politicians' who go from one department to another for career reasons," she said.
"We should never have got involved in either Iraq or Afghanistan. Nor should we have bid for the Olympics, which we've now got and cannot afford," Emin added.
The new tax rate, announced in April's Budget, broke Labour's 2005 manifesto pledge not to raise income tax for high earners during this Parliament.
The government estimated the higher rate would raise £1.13bn next year.
Also, she deserves to be taxed at that rate, it's not like she deserves the cash!
Wait a minute isn't she a left wing socialist type?
its seems so. Careful what you wish for eh tracy.
"she has a self-declared hatred of Margaret Thatcher"
"Although she did not vote at the 2005 general election, Emin had previously always backed Labour"
Principles do not apply to artists it seems
its seems so. Careful what you wish for eh tracy.
"she has a self-declared hatred of Margaret Thatcher"
"Although she did not vote at the 2005 general election, Emin had previously always backed Labour"
Principles do not apply to artists it seems
Edited by Pesty on Sunday 4th October 15:23
Puggit said:
sstein said:
Why doesn't she deserve the cash ?
You think this is worth £150k?
She creates a product and their is a market for that product, my opinion of her output doesn't change that fact.
Pesty said:
Wait a minute isn't she a left wing socialist type?
its seems so. Careful what you wish for eh tracy.
"she has a self-declared hatred of Margaret Thatcher"
"Although she did not vote at the 2005 general election, Emin had previously always backed Labour"
Principles do not apply to artists it seems
Same applies to all people who are on the breadline who suddenly have money and realise. Oh fits seems so. Careful what you wish for eh tracy.
"she has a self-declared hatred of Margaret Thatcher"
"Although she did not vote at the 2005 general election, Emin had previously always backed Labour"
Principles do not apply to artists it seems
Edited by Pesty on Sunday 4th October 15:23
k...I'm off.
Fittster said:
Puggit said:
sstein said:
Why doesn't she deserve the cash ?
You think this is worth £150k?elster said:
Oakey said:
Why would anyone want to pay a ridiculous amount of money for something they can recreate themselves every morning on a daily basis?
You could apply that to most fashion items.t! It's not 'artistic', it is what it is, an unmade bed, a scenario that is reminiscent of teenage bedrooms the country over. The only difference being those teenagers won't get megabucks for their mess. And yet she has the cheek to say "there's no incentive for hard work". 'Hard work'? Is she having a laugh? It must have taken her all of five minutes to produce that st.Oakey said:
elster said:
Oakey said:
Why would anyone want to pay a ridiculous amount of money for something they can recreate themselves every morning on a daily basis?
You could apply that to most fashion items.t! It's not 'artistic', it is what it is, an unmade bed, a scenario that is reminiscent of teenage bedrooms the country over. The only difference being those teenagers won't get megabucks for their mess. And yet she has the cheek to say "there's no incentive for hard work". 'Hard work'? Is she having a laugh? It must have taken her all of five minutes to produce that st.By the same token how quickly can a banker whip up a CDO?
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