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This is blatantly false. Income tax on higher earners in the UK has decreased since the 1970s/1980s when IIRC the highest tax bands were over 70%, if not higher.


Yet in the UK the amount of tax paid by the 1% is the highest ever (34%), 42% of adults pay NO income tax.

And the tax take as a proportion of GDP is 34.4%, the highest EVER.

We are living in the most taxed time in history with the rich contributing the most ever. Not the impression you get from people complaining about it.

https://www.theguardian.com/business/2019/nov/13/richest-bri...


Your article doesn't directly talk about the tax rate for the top 1%.

The fact that the percentage of total tax collected attributed to the top 1% has risen from 24% to 30% seems to be more indicative of higher wealth inequality, especially if the figures the other posters have mentioned about lower total tax rates on the rich are true. To me that's a good reason to raise taxes on top earners and lower taxes on the middle class.


How do you include record adults not paying taxes in that then, along with record employment?

Do you want everyone paying more, and the poor paying tax as well, or more income inequality but less people paying tax? You can’t have both.


When you make most of the money, you pay most of the taxes. You can't squeeze blood from a stone. 10% of a billion dollars is a lot more money than 50% of $100,000.


Its the highest ever because the 1% are correspondingly much richer than ever.


Have they fallen generally, or has the highest tax band fallen?

Germany had the highest tax rate > 50%, it's now 42/45%. At the same time, the income required to be taxed at that rate hasn't changed with inflation, so while it was e.g. 52.152€ in 2002, it's 57.051€ now - adjusted for inflation, it would have to be closer to 75k€.

Lowering the top marginal tax while not adjusting for inflation so more people get pushed into higher tax brackets from below is great if you're rich, but shit if you're not.


90%ile now is £55k a year and gives you £40,543.60 net.

£55k today is £32,461 in 2000. In 2000 someone on £32,461 had a take home pay of £24,080 -- the equivalent of £40,800 today.

So not much change.


Erm it's also not great when you're rich. Either way you're being taxed more year by year (in adjusted inflation euros)


If you're going from 70% to 50% (or from 57% to 45%), I'd say that's pretty great.




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