Well, this is not really a bloody surprise now is it? But here are some numbers to make you weep. These are also numbers which our politicians will ignore and ignore and ignore. Why? Because they are party sensitive, highly important for the nation but you see our political parties do not work for the country anymore and by extension nor for the voters, they work for themselves.
The top 1% of earners contribute what percentage of the annual income tax collected?
>>>>>>>24.1%<<<<<<
The top 10% of earners pay over 50% of the entire income tax collected.
The bottom 50% of earners pay just over 11% of tax collected.
The Beeb (surprisingly...) has more on it.
Does the reader comprehend these numbers? I myself need to lie down. Suddenly banker bashing should leave a very bad taste in the mouthes of socialists but as usual it wont.
Here is a quickie on flat-tax which the UK has (not sincerely though) been flirting with.
2 comments:
I'm lying down too - you're definitely my Friday post. I've never been keen on 'banker-bashing' because it's always seemed too easy rather than placing the blame where it truly belongs on those who set policy - ie Chancellors, PMs, political ideology and hubris.
Cheers for that, shocking shit it really is.
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