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Old 26-09-2023, 18:15   #1031
ianch99
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Re: The Chronicles of Rishi

Quote:
Originally Posted by Sephiroth View Post

I omitted the third group because it's such a small fraction of the population and it makes the point that people dragged into the tax by government tricks are unfairly treated. They are ordinary people who are not responsible for the artificial inflation of house prices.

The elephant in the room is that the people you refer to have been, as you correctly identify, "dragged" into an increased tax burden by this government. The 40% tax bracket is a prime example. The reason is that middle income PAYE employees are an obvious cash cow i.e. there is no escaping the tax directive.

The more appropriate approach is to apply a more representative and fairer tax rate to all UK citizens, not just the ones who can't escape from HMRC.
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