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    Default top 1% pay 27%, top 10% pay 90%

    Tax paid by the top 1% has trebled since the 1970s | Daily Mail Online

    Tax paid by the top 1% has TREBLED since the 1970s and they now pay almost 27% of all income tax
    Analysis of income tax records shows the top 1% per cent pay 27% of income tax
    In 1976, the top 1% of earners paid just 11% of the income tax to the Treasury
    Almost all income tax in Britain is paid by those on more than 51,400 a year
    Good job we aren't importing lots of low paid people
    "If you didn't do anything that wasn't good for you it would be a very dull life. What are you gonna do? Everything that is pleasant in life is dangerous."

    I want to see the hand of history on his collar.

  2. #2

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    Difficult to work if there are no roads, offices or telephone lines.

    just saying
    Author of the best seller "How to get Poor quickly"

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    Quote Originally Posted by vetran View Post
    Tax paid by the top 1% has trebled since the 1970s | Daily Mail Online



    Good job we aren't importing lots of low paid people
    The labour of low paid people creates wealth for the rich, who then pay tax on their income.
    Where there's muck there's brass.

  4. #4
    AtW
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    Vote them Tories - get lower taxes!

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    Quote Originally Posted by AtW View Post
    Vote them Tories - get lower taxes!
    At least they've stuck to their promise on no rise in NICs.
    Where there's muck there's brass.

  6. #6

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    I bet the amount of disparity between incomes has gone up by way more.
    Give me ambiguity or give me something else.

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    Just occured to me that a leftwing and a rightwing utopia have a lot in common. In a leftwing utopia no-one can be bothered to collect the fruit from the fields because they're all living on benefits, in a rightwing utopia no-one collects the fruit because of immigration controls.

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    A natural effect of the growing wealth gap (rich get richer, etc) is that the very richest are proportionally richer now than they were before, so the tax is more concentrated higher up the food chain.
    Quote Originally Posted by MaryPoppins View Post
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    Quote Originally Posted by vetran View Post
    Urine is quite nourishing

  9. #9

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    Curious since the highest rate of tax in the 1970s was 98%.

  10. #10

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    Quote Originally Posted by zeitghost View Post
    Curious since the highest rate of tax in the 1970s was 98%.
    no one paid it, they all moved abroad.

    Guess who repeated it?

    https://www.harriman-house.com/press/full/327/
    "If you didn't do anything that wasn't good for you it would be a very dull life. What are you gonna do? Everything that is pleasant in life is dangerous."

    I want to see the hand of history on his collar.

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