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

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    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
    Always forgive your enemies; nothing annoys them so much.

    #2
    Difficult to work if there are no roads, offices or telephone lines.

    just saying
    I'm alright Jack

    Comment


      #3
      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.

      Comment


        #4
        Vote them Tories - get lower taxes!

        Comment


          #5
          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.

          Comment


            #6
            I bet the amount of disparity between incomes has gone up by way more.

            Comment


              #7
              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.

              I'm alright Jack

              Comment


                #8
                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.
                Originally posted by MaryPoppins
                I'd still not breastfeed a nazi
                Originally posted by vetran
                Urine is quite nourishing

                Comment


                  #9
                  Originally posted by zeitghost
                  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/
                  Always forgive your enemies; nothing annoys them so much.

                  Comment


                    #10
                    Originally posted by zeitghost
                    Curious since the highest rate of tax in the 1970s was 98%.
                    It's fooked up man!

                    Comment

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