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Scottish/Welsh Independence.

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dyniol53 View Drop Down
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Post Options Post Options   Thanks (0) Thanks(0)   Quote dyniol53 Quote  Post ReplyReply Direct Link To This Post Posted: 14 June 2021 at 1:38pm
Originally posted by dyniol53 dyniol53 wrote:

Originally posted by aberscarletsfan aberscarletsfan wrote:

Some of your questions are answered here:

https://www.yes.cymru/independence

Wales doesn’t have meaningful tax raising powers. (Neglects to mention that the Welsh gov can actually lower taxes compared to rest of the UK, which would make it much easier for us to pay our top rugby players!!)

Out of curiosity, if the Senedd were to lower the rate of tax on the higher tax bands, how much money could we save on salaries as a club?

40p tax rate for those earning over 50k per year.
45p tax rate for those earning over 150k per year.

Say the WAG dropped that to 35p for anyone over 50k. How much of a dent would that make in our £8million salary expenses - around £400k?




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RR1972 View Drop Down
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Post Options Post Options   Thanks (0) Thanks(0)   Quote RR1972 Quote  Post ReplyReply Direct Link To This Post Posted: 14 June 2021 at 1:49pm
The club wouldn’t save a penny. Players and other high earners here just take home more pay due to less stoppages for tax.  Advocatting tax cuts for high earners will go against everything drakeford and welsh labour stand for, plaid will hammer them if they take that sort of action

Edited by RR1972 - 14 June 2021 at 1:53pm
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dyniol53 View Drop Down
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Post Options Post Options   Thanks (0) Thanks(0)   Quote dyniol53 Quote  Post ReplyReply Direct Link To This Post Posted: 14 June 2021 at 1:58pm
Yes if that was done overnight, but the club could pay players less while their take home pay would remain the same.

I.e. for arguments sake say Foxy is on 500k a year.

Currently he takes home £275k per year.

But under 35p tax he’d take home £325k instead. 

So the club just offer him a £450k salary instead and he takes home £290k. 

So the club saves £50k to spend on xyz and the player gets a marginal pay rise.

Do that across a squad of 40 players and you’re saving a significant amount no?
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dyniol53 View Drop Down
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Post Options Post Options   Thanks (0) Thanks(0)   Quote dyniol53 Quote  Post ReplyReply Direct Link To This Post Posted: 23 July 2021 at 7:15pm
I am fascinated that the two prominent independence movements YesCymru and the SNP are simultaneously being divided over the somewhat marginal issue of transphobia



Why do people think that is?
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