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Old 17-09-2022, 16:17   #236
Paul
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Re: New Prime Minister: Liz Truss

Quote:
Originally Posted by ianch99 View Post
And there is the sleight of hand. The effective tax rate for these wealthy individuals, when compared with us P.A.Y.E schmucks, is the key here:

https://www.lse.ac.uk/research/resea...ich-really-pay
I found one part of that article quite interesting.
Quote:
A one-off wealth tax on millionaire couples paid at one per cent a year for five years, we found, would raise £260 billion.
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