Papaumau
Man of the world
Originally posted by Phoenix
yeh, but they shouldn't get tax breaks.Hey, I heard that if you earn over 100, 000 pounds a year, the government is going to push a bill to double your taxes! ((not sure if its true, didn't see it on the news, heard it at the student union))
Yeah Phoe....
I think it was the Liberal Democrats promising to put the highest tax bracket up to 50% from 40% so that there could a be a better amount of the wealth getting down to the poorest in this country.
Britain...is the third richest country in the world but it has the poorest state pensions for the elderly in Europe.
The thing about the VERY rich paying 50% of their taxable income is that even after that tax is taken away they will STILL be filthy rich, but a tiny improvement that this extra would make would be a lot to the people in poverty at the bottom.
We must remember that the richest 10 per-cent of the population pay the smallest amount of tax pro-rata to the amount they earn because they are able to hide most of their incomes in off-shore accounts and in tax-breaks and in ways to avoid paying tax at all on large amounts of their income.