Saturday, July 13, 2013

Poor Pay More in Taxes than Rich

Hat tip to BBC Mark Easton tweet on this table left (click to bring up details).

The poorest 20% of households pay more of their income in taxes than the richest 20%.

36.6% against 35.5%.

Actually the poorest pays more than anyone else! I suspect that the Tory VAT tax hike may be one reason. Indirect tax rises punish the poor the most.

So - we are not all in this together!
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