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

[vetran]

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

[BlasterBates]

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

just saying

[northernladyuk]

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.

[AtW]

Vote them Tories - get lower taxes!

[northernladyuk]

Vote them Tories - get lower taxes!

At least they've stuck to their promise on no rise in NICs.

[BrilloPad]

I bet the amount of disparity between incomes has gone up by way more.

[BlasterBates]

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.

[d000hg]

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.

[vetran]

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/

[AtW]

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

It's fooked up man!