Showing posts with label Mark Easton. Show all posts
Showing posts with label Mark Easton. Show all posts

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!