Tell them the party is over.
The total deductions eg tax/ni on 100k are £34k.
The total deductions eg tax/ni on 50k are 13k.
How are you going to make the poor wealthier with less tax. Or even pay for enlargement of the state.
This idea is in Diane Abbot territory.
In other news, the Tories are delivering for the low paid.
National living wage brings 'biggest fall in low-paid workers since 1970s'
I know this isn't quite the right thread, but it ties in with some previous posts on low pay.
Though I hope @Alan CD doesn't mind articles from that right wing rag The Guardian.
Well I don’t see a 100k earner as the rich but I get your point, maybe the the tax bands need realigning?
Again, tax bands and rates can be changed and have been many times, and again a 100k earner is not the rich.
The thing with the 'tax the rich' mantra is that there simply are not as many rich as people seem to think..
And yet the UK has more billionaires than ever and they’re getting richer.
Cool, so you turn up at work one day and told to take a 50% pay cut, or on your bike?
And the those that are, perfectly capable of relocating and taking their wealth with them.
Even the IMF agree:IMF provokes backlash with call for higher taxes