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Old 15-12-2011, 15:18   #29
Chris
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Re: Britain. Ruled by the banks for the banks.

Quote:
Originally Posted by Chrysalis View Post
How far are we away from 1970s income tax levels.

and you keep quoting total tax, I mean income tax.

how mich do the elite pay in tax compared to historically. very low.
Hugh is insisting on total tax because the level of one individual tax in the system is irrelevant when it's not the only tax you pay.

Gordon Brown rearranged tax levels precisely for the benefit of easily fooled persons such as yourself, who would look at their income tax bill and believe the lie that they were better off simply because less was being taken off them at the point where they earned it.

Ultimately it is individuals who pay taxes, directly or indirectly, as %ages of earning or spending or indirectly through the effect of taxes on shop shelf prices.

Those who are able to see further than the end of their own noses, however, understand that Gordon's smoke-and-mirrors approach to the tax system did not make joe public better off.
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