The no-politics budget thread.

[paule23]

Tax percentage by income: "Let them eat cake?"

This illustrates how regressive the tax system is in this country. Taxes like Council Tax and VAT particularly impact low incomes harder.

[monogroover]

Tax percentage by income: "Let them eat cake?"

Worth bearing in mind that the "richest fifth" figure there represents an awful lot more money than the contribution from the "poorest fifth". The top 10% carry about 60% of the income tax burden, a lot of it of course going to services they don't actually use. Oddly they receive little gratitude for this, just dog's abuse.

[monogroover]

This illustrates how regressive the tax system is in this country. Taxes like Council Tax and VAT particularly impact low incomes harder.

Well - obviously. Every expense necessarily hits people on low incomes harder, otherwise there'd be no point having a higher income.

[number2]

The poorest fifth probably never earned it anyway, most likely benefits and allowances.

You're all heart...

[blackal]

Well - obviously. Every expense necessarily hits people on low incomes harder, otherwise there'd be no point having a higher income.

No - certain categories of expenses hit the lowest income groups, hardest.

[mart broad]

I hope he addresses the second-class-pensioners status.

I was born 20 months premature. If mummy could have hung on until April 1952 I would get substantially more pension.

You and me both born in 1946 and about £150 pm worse of because of it.