Cable Forum - View Single Post - Top 1% of Earners contribute 30% to UK income tax

Pierre · 10-10-2013, 10:41

I was just listening to Jeremy Vine do the prologue for his show with Ken Bruce on Radio 2, and he came up with the above fact that those earning £150K and above (the top 1%, I would have thought there were more than 1% in that bracket but what do I know) contribute 30% of the overall UK income tax burden.

And he pronounced this as some sort of revelation.

So I did a quick google, as I'm sure I had heard this before. and low and behold:

http://www.thisismoney.co.uk/money/n...ncome-tax.html

This was first reported over 18 months ago..................

10-10-2013, 10:41	#1
Pierre Permanently Banned Join Date: Dec 2003 Location: floating in the ether Posts: 13,331	Top 1% of Earners contribute 30% to UK income tax I was just listening to Jeremy Vine do the prologue for his show with Ken Bruce on Radio 2, and he came up with the above fact that those earning £150K and above (the top 1%, I would have thought there were more than 1% in that bracket but what do I know) contribute 30% of the overall UK income tax burden. And he pronounced this as some sort of revelation. So I did a quick google, as I'm sure I had heard this before. and low and behold: http://www.thisismoney.co.uk/money/n...ncome-tax.html This was first reported over 18 months ago..................