Captain Haddock wrote:He also does not help himself when ONS today released figures on real income (after tax and including benefits).
The richest (and remember the top 1% of earners are paying almost 30 % of income tax) have done worst and the poorest best.
...but are the 1% really paying their share? Tax avoidance schemes and individuals setting themselves up a companies (Jimmy Carr, Gary Barlow etc.) - are they really paying their fair share?
It always seems alright for paymasters to offer 2% pay rises across the workforce when 2% of £12k means not much in comparison to 2% of £120+k, then he hear this bleating argument about a 40% tax rate. Don't forget that the 40% tax rate is only applied to the surplus earnings above the already affluent threshold.
Wasn't it fitting that exec pay surpassed the median wage on epiphany?!