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MatureUschi

Prostitution Now Part Of Italy's Gdp

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http://www.newser.com/story/187349/italy-uses-hookers-cocaine-to-shrink-deficit.html?utm_source=part&utm_medium=inbox&utm_campaign=newser

 

Wonder how much it would contribute to the UK's public coffers to legalise, licence and tax?

If the current estimate of 100k escorts working in the UK is cottect and , each earns, say, £30k,  the income  tax take alone would be in the region of £400 million if my slide rule is right.

 

The cost of licensing would be pretty small in relation to that potential tax take.

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Those figures would presume that all WGs pay tax. That won't be the case, if Germany is anything to go by. Licensed parlours there are quite heavily taxed (in addition to all the usual taxes they also have a 10% "pleasure tax" imposed on them - shameless pimping by the State). There's a huge number of unlicensed parlours with EE girls and very organised pimps - tattoos, souped-up BMWs, knives, hand guns etc., undercutting the legit saunas, brothels, FKK parlours, and not paying tax. Also discreet Indies, part-time massage girls with straight jobs at the perfume counter of Kaufhof, touring girls and guest dominas are unlikely to declare their income.

 

Any projected tax revenue based on number of escorts and potential annual income is likely to be on the optimistic end of the scale. There is also the cost to the public purse for investigations and collection of tax, bearing in mind that lots of sex workers are highly mobile and don't necessarily have bank accounts. Whole gangs of girls and their "boyfriends" are simply going to up sticks and decamp at the first sniff of a brown envelope on the door step. No reason to think it would be any different here.

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Besides the news story isn't about collecting tax. It's a statistical trick to inflate their GDP for political spin

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If the current estimate of 100k escorts working in the UK is cottect and , each earns, say, £30k,  the income  tax take alone would be in the region of £400 million if my slide rule is right.

 

The cost of licensing would be pretty small in relation to that potential tax take.

 

 

Are you saying that none of the estimated 100k sex workers in the UK pay any tax at all currently? - I don't believe that to be the case.

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Besides the news story isn't about collecting tax. It's a statistical trick to inflate their GDP for political spin

 

They did something similar back in the 80s, by including the black economy in the calculation of GDP. Everyone protested at the time, but now everyone has followed suit.

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Are you saying that none of the estimated 100k sex workers in the UK pay any tax at all currently? - I don't believe that to be the case.

No, but as Uschi has pointed, by no means all escorts pay their share. My calculation is of the total potential tax take if they all paid. I bet my figure of £30k is, in many cases far too low and with any such calculation, there will be a few guesses but I am quite happy that the total tax take will be in the region of my figure and the Revenue should consider legislation to make the job safer and saner.

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No, but as Uschi has pointed, by no means all escorts pay their share. My calculation is of the total potential tax take if they all paid. I bet my figure of £30k is, in many cases far too low and with any such calculation, there will be a few guesses but I am quite happy that the total tax take will be in the region of my figure and the Revenue should consider legislation to make the job safer and saner.

 

It's not the Revenue's concern to make our jobs safer and saner so much as the guvmint. The Revenue just collect the coffers, and as someone who has just been through

the tax inspection from hell*, they are very thorough too. 

 

It's the role of the government to acknowledge that decriminalisation is in everyone's best interests and allow us to work together for safety.  :)

 

*Bite me, antis. 

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