▲ | greyw 4 days ago | |||||||
Last I heard the rich are leaving the UK eroding your tax base. Im sorry but it is going to be higher taxes for you all | ||||||||
▲ | vixen99 4 days ago | parent | next [-] | |||||||
'The highest earning 1% in the UK pay an estimated 28% of all income tax. ' https://fullfact.org/economy/do-top-1-earners-pay-28-tax-bur... The good news is that not all that '1% of the rich' are leaving. However unless this 28% of all tax figure is wrong, inevitably there will be an increase to counter the loss. | ||||||||
▲ | rainingmonkey 4 days ago | parent | prev [-] | |||||||
That's a myth, all the breathless reporting of an "exodus of millionaires" comes from one very dodgy report. Of course, the narrative suits the wealthy owners of the media, so the story gets repeated anyway. https://www.newstatesman.com/politics/2025/07/the-british-we... | ||||||||
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