The inconvenient fact that the richest people contribute the vast majority of tax revenie

doesn't align with the populist view about equality in society.

Yes, when you reach, say, £100m+ net worth you can play the system and borrow money at super low rates in order to avoid paying tax.

For the folks who have worked hard and created 'comfortable' levels of wealth, the tax burden is much higher then lower earners, and rightfully so.

Posted By: Kev on January 8th 2025 at 19:40:34

Message Thread

Good riddance, fuck off (Other Football) - CB41, Jan 8, 10:49:02
- The top 1% of earners pay 29% of UK income tax (Other Football) - Old Git, Jan 8, 12:32:00
  - The inconvenient fact that the richest people contribute the vast majority of tax revenie (Other Football) - Kev, Jan 8, 19:40:34
  - Not just that...... (Other Football) - usacanary, Jan 8, 18:00:03
  - Top 1% of salaried earners, not top 1% wealthiest. (n/m) (Other Football) - Legacy Fan, Jan 8, 12:44:25
    - It’s actually of income earners, not just salaried earners (Other Football) - Old Git, Jan 8, 12:48:23
      - But you get there with gross profit / salary of 120k. This guy is in a different league. (Other Football) - Legacy Fan, Jan 8, 12:55:11
        
        Yes of course (Other Football) - Old Git, Jan 8, 13:14:54
        
        Absolutely right OG, very blinkered point of view from some people. (Other Football) - Kirrie, Jan 8, 17:39:30
  - thats an embarrassing stat (Other Football) - ghostof barry butler, Jan 8, 12:42:19
    - Perhaps it indicates that there’s far too much money (Other Football) - Chopper, Jan 8, 15:45:24
      - That’s not the point is it? (Other Football) - Kirrie, Jan 8, 17:45:53
    - we don't need money here in la la land (n/m) (Other Football) - paulg, Jan 8, 14:02:12
    - Not really when you consider that (Other Football) - Legacy Fan, Jan 8, 12:58:01
      - over 50% receive more from the state than they contribute (Other Football) - paulg, Jan 8, 13:59:55
        
        Except that is not true, and highly misleading. (Other Football) - megson, Jan 8, 16:52:30
        
        Tell the ONS then - their analysis, not mine (n/m) (Other Football) - paulg, Jan 8, 17:28:24
        
        I have. As you quoted it I thought it might also be helpful to point it out to you. (Other Football) - megson, Jan 9, 12:39:52
        
        Innit (n/m) (Other Football) - Old Git, Jan 8, 14:39:33
      - (workforce, not population) (n/m) (Other Football) - Legacy Fan, Jan 8, 12:58:29
    - A very cursory look at Google (we’ll have no fact checkers here, Elon / Mark) (Other Football) - APB, Jan 8, 12:57:04
      - ….Splitwise…. (n/m) (Other Football) - Augustus Pablo, Jan 8, 20:27:34
      - Interesting observation (Other Football) - Kev, Jan 8, 19:47:53
      - Don't top 1% of income tax payers with top 1% wealthy (Other Football) - Legacy Fan, Jan 8, 12:59:07
        
        Spot on. (n/m) (Other Football) - Kirrie, Jan 8, 17:56:45
        
        Exactly (n/m) (Other Football) - Old Git, Jan 8, 13:15:58
        
        True (Other Football) - APB, Jan 8, 13:01:23
        
        *don't confuse* (n/m) (Other Football) - Legacy Fan, Jan 8, 12:59:18
    - What about this stat? (Other Football) - jamesward, Jan 8, 12:44:18
  - People like him usually pay next to fuck all (Other Football) - CB41, Jan 8, 12:37:53
  - Do they own more or less than 29% of the nation’s wealth? (Other Football) - APB, Jan 8, 12:36:50
    - According to Google's AI thing (not always accurate) (Other Football) - jamesward, Jan 8, 12:47:56
      - The income v wealth thing (Other Football) - APB, Jan 8, 13:00:18
        
        if we fuck the 43% who don't contribute anything off and the royal family (Other Football) - Tombs, Jan 8, 13:08:01
  - please don't leave us OG (n/m) (Other Football) - Jumbo1, Jan 8, 12:33:58
    - I’ll never leave you Jumbo xx (n/m) (Other Football) - Old Git, Jan 8, 12:45:51
- These investment firms have WAAAY too much influence on society and need disbanding. (n/m) (Other Football) - protheroe fitzgibbon, Jan 8, 12:16:38
  - actually, i'm selling up and moving to sweden (Other Football) - Tombs, Jan 8, 12:31:34
    - ^^^ should have been posted in reply to camcans "they rarely do" pust vv (Other Football) - Tombs, Jan 8, 12:50:01
    - This is all very well (Other Football) - jamesward, Jan 8, 12:39:34
      - it dunt look deep enough for a cuntboat to fit tbf (n/m) (Other Football) - Tombs, Jan 8, 12:44:16
    - Bewdaful. (n/m) (Other Football) - protheroe fitzgibbon, Jan 8, 12:36:12
- They rarely do though (Other Football) - camcan, Jan 8, 11:44:23
  - Oh really ..? (Other Football) - paulg, Jan 8, 13:56:32
    - You’re right, Monaco is trying very hard to attract wealthy Brits right now. (n/m) (Other Football) - Kirrie, Jan 8, 17:49:09
  - Exactly. (n/m) (Other Football) - CB41, Jan 8, 12:31:18
- I had a sawiris the other week - just got some drops for it (n/m) (Other Football) - inutero, Jan 8, 11:13:24
- whats he ever done to you (n/m) (Other Football) - ghostof barry butler, Jan 8, 11:05:39
  - He killed my dad (n/m) (Other Football) - CB41, Jan 8, 11:10:32
    - fair enough (n/m) (Other Football) - ghostof barry butler, Jan 8, 11:31:04

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