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Re: Pay frozen for third year running
You actually mean the 0.1%, but I don't suppose facts come into the equation.....
To be in the top 1%, you need to earn over £149k pa - link
btw, you may (or may not) find this article from the BBC interesting...
Quote:
Some 60% of households are net recipients from the Treasury - though it may not always feel that way. The top 10% of households contribute, on average, five times more than they get back....
....Public spending is increasingly dominated by three big spending areas: social security, health and education. Together, they took up 60% of the total spending pie in 2010-11. Back in 1978-9 that figure was 45% (source: IFS).....
...The top 1% of earners - just 300,000 people - pay 27% of all income tax....
....In 2010-11, we spent more paying interest on our national debt than we did defending the realm.....
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