Tory Britain

[Bentley Bullet]

Rishi Sunak paid 23% on £2.2m income last year, which amounted to £508,000.

Over a lifetime, an average household will pay £479,430 in income tax.

The 10% of income taxpayers with the largest incomes contribute over 60% of income tax.

Rishi Sunak paid more tax last year than an average earner pays in a lifetime.

Then this is good reason to increase the pay of those at the base so they contribute.

And those at the base pay around three times as much of their income in indirect taxes.

''Measured relative to household income, those with lower incomes pay more in indirect taxes (VAT, duties and so forth). Measured relative to household spending, there is little variation in indirect taxes across the income distribution''

https://commonslibrary.parliament.uk/research-briefings/cbp-8513/

Indirect tax and its effect on the poor is just a fact of life in many countries, not just the UK. We are discussing income tax.

Look again bb, the op put all sorts up for discussion, namely the tory party but trains, energy and the diff between rich and poor.

Which is where my comment fits in, it shows why those earning the most should pay the most personal tax to make up for the fact that those at the base pay more indirect tax and a lot shell out all their earnings eking out a living, evidenced by the uptick in food banks and their patrons.

But I was talking about income tax. You replied to it with a comment about indirect tax, changing direction probably because you couldn't find anything to argue about in it.

[Not Now Kato]

https://goodlawproject.org/update/the-letter-the-tories-didnt-want-us-to-publish-here-it-is/?fbclid=IwAR2ri8r3CvYhAC40PAiRWk-JgkULG3ZSVTPp0oJmyPjbv9aWW1dZkadFQnM

[big fat yorkshire pudding]

https://ifs.org.uk/taxlab/taxlab-taxes-explained/income-tax-explained#:~:text=The%20top%2010%25%20of%20taxpayers,10%20years%20of%20that%20period.

That link gives you loads of stats and debunks a lot of the myths some are staying here.

Interesting where I am at the minute the government pushes development in this area by offering huge tax breaks to get investment and it is working from them.

But still promoting tax cuts instead of investing public money themselves?

Pud, which do you think would be best for the country, money invested for growth or tax cuts?

Easy, both.

[BillyStubbsTears]

https://ifs.org.uk/taxlab/taxlab-taxes-explained/income-tax-explained#:~:text=The%20top%2010%25%20of%20taxpayers,10%20years%20of%20that%20period.

That link gives you loads of stats and debunks a lot of the myths some are staying here.

Interesting where I am at the minute the government pushes development in this area by offering huge tax breaks to get investment and it is working from them.

But still promoting tax cuts instead of investing public money themselves?

Pud, which do you think would be best for the country, money invested for growth or tax cuts?

Easy, both.

By definition, that requires additional borrowing. In a phase where interest rates are likely to stay high.

[selby]

Billy, interest rates are not historically high, the amount borrowed is not the interest rates.

[Bristol Red Rover]

Rishi Sunak paid 23% on £2.2m income last year, which amounted to £508,000.

Over a lifetime, an average household will pay £479,430 in income tax.

The 10% of income taxpayers with the largest incomes contribute over 60% of income tax.

Rishi Sunak paid more tax last year than an average earner pays in a lifetime.

What do you think the purpose of income tax is? Redistribution within a loaded system.... perhaps? Sunak is abusing the system. Legality has nothing to do with it. Loopholes are for the very wealthy. Sunak is a perfect example of an establishment thief, his wife more so.

Backing that is messed up BB.

[Bentley Bullet]

Rishi Sunak paid 23% on £2.2m income last year, which amounted to £508,000.

Over a lifetime, an average household will pay £479,430 in income tax.

The 10% of income taxpayers with the largest incomes contribute over 60% of income tax.

Rishi Sunak paid more tax last year than an average earner pays in a lifetime.

What do you think the purpose of income tax is? Redistribution within a loaded system.... perhaps? Sunak is abusing the system. Legality has nothing to do with it. Loopholes are for the very wealthy. Sunak is a perfect example of an establishment thief, his wife more so.

Backing that is messed up BB.

Don't vote for the Tories then. Just sit back and watch Starmer put an end to all that "establishment thieving."

[drfchound]

Rishi Sunak paid 23% on £2.2m income last year, which amounted to £508,000.

Over a lifetime, an average household will pay £479,430 in income tax.

The 10% of income taxpayers with the largest incomes contribute over 60% of income tax.

Rishi Sunak paid more tax last year than an average earner pays in a lifetime.

What do you think the purpose of income tax is? Redistribution within a loaded system.... perhaps? Sunak is abusing the system. Legality has nothing to do with it. Loopholes are for the very wealthy. Sunak is a perfect example of an establishment thief, his wife more so.

Backing that is messed up BB.

Not all loopholes are for the very wealthy though are they.
A business owner can choose to pay himself a lower salary to keep his income tax liability down then reward himself with a dividend payment which attracts tax of 8.75% for a 20% taxpayer and a rate of 33.75% for a higher rate tax payer.
You wouldn’t have to be VERY wealthy to do that.

[SydneyRover]

https://ifs.org.uk/taxlab/taxlab-taxes-explained/income-tax-explained#:~:text=The%20top%2010%25%20of%20taxpayers,10%20years%20of%20that%20period.

That link gives you loads of stats and debunks a lot of the myths some are staying here.

Interesting where I am at the minute the government pushes development in this area by offering huge tax breaks to get investment and it is working from them.

But still promoting tax cuts instead of investing public money themselves?

Pud, which do you think would be best for the country, money invested for growth or tax cuts?

Easy, both.

why, pud?

[Bristol Red Rover]

Rishi Sunak paid 23% on £2.2m income last year, which amounted to £508,000.

Over a lifetime, an average household will pay £479,430 in income tax.

The 10% of income taxpayers with the largest incomes contribute over 60% of income tax.

Rishi Sunak paid more tax last year than an average earner pays in a lifetime.

What do you think the purpose of income tax is? Redistribution within a loaded system.... perhaps? Sunak is abusing the system. Legality has nothing to do with it. Loopholes are for the very wealthy. Sunak is a perfect example of an establishment thief, his wife more so.

Backing that is messed up BB.

Don't vote for the Tories then. Just sit back and watch Starmer put an end to all that "establishment thieving."

BB - my point was about our PM plus wife scamming out of paying tax, huge amounts. You weirdly deflect away from this, most weirdly above. I guess you're in his, and hos likes, pocket for some weird reason - ambition from the gutter. Something Tom Waites might write about, but not in a positive light.

Hound - yes that's true. Still a scam if it's simply a way of avoiding paying tax - I might not underdstand the ins and outs. But same point, Sunak is a thieving twonk, just like those multinationals who do the same and deprive poorer nations out of tax revenue. Scum, but maybe you approve?

[Bentley Bullet]

You say Sunak's a thieving twonk while hiding in an off-topic 4th division football forum. Show some courage in your conviction and take him to court. Why not get your local Labour MP to do it for you?

I avoid paying taxes, I imagine most people do. That's what Financial advisors and accountants are for. 

[SydneyRover]

You say Sunak's a thieving twonk while hiding in an off-topic 4th division football forum. Show some courage in your conviction and take him to court. Why not get your local Labour MP to do it for you?

I avoid paying taxes, I imagine most people do. That's what Financial advisors and accountants are for.

What about the buy british, invest at home, british homes for britishers, little britain position, doesn't that count so soon after brexit?

[Bentley Bullet]

What about it?

[SydneyRover]

where does sunak have his investments?

[pib]

Rishi Sunak paid 23% on £2.2m income last year, which amounted to £508,000.

Over a lifetime, an average household will pay £479,430 in income tax.

The 10% of income taxpayers with the largest incomes contribute over 60% of income tax.

Rishi Sunak paid more tax last year than an average earner pays in a lifetime.

He also earned around 4x more in that single year than the average earner makes in a lifetime.

[drfchound]

where does sunak have his investments?

Where does Starmer have his investments?

[SydneyRover]

https://ifs.org.uk/taxlab/taxlab-taxes-explained/income-tax-explained#:~:text=The%20top%2010%25%20of%20taxpayers,10%20years%20of%20that%20period.

That link gives you loads of stats and debunks a lot of the myths some are staying here.

Interesting where I am at the minute the government pushes development in this area by offering huge tax breaks to get investment and it is working from them.

But still promoting tax cuts instead of investing public money themselves?

Pud, which do you think would be best for the country, money invested for growth or tax cuts?

Easy, both.

why, pud?
[/quote

hmm, maybe tax cuts are political rather than being good for the country?

[Bentley Bullet]

Rishi Sunak paid 23% on £2.2m income last year, which amounted to £508,000.

Over a lifetime, an average household will pay £479,430 in income tax.

The 10% of income taxpayers with the largest incomes contribute over 60% of income tax.

Rishi Sunak paid more tax last year than an average earner pays in a lifetime.

He also earned around 4x more in that single year than the average earner makes in a lifetime.

So vote for Starmer then. When he was standing for Labour leader in February 2020, and in order to win votes from those who had supported Jeremy Corbyn, he solemnly pledged that a government of his would ‘increase income tax for the top 5% of earners‘.

In 2022 he was adamantly vowing to reinstate the top tax band for earners over £150,000 and mocking ‘super-rich Rishi Sunak‘.

But, only seven months later in 2023, his tone changed and he made another of his notorious U-turns and thus broke another promise to the Labour members who elected him when he said he didn't want to raise income tax for top earners!

Vote Labour!

https://www.snp.org/starmer-and-sunak-dont-believe-in-taxing-the-ultra-wealthy-is-there-really-any-difference-between-the-westminster-twosome/

[Sprotyrover]

Rishi Sunak paid 23% on £2.2m income last year, which amounted to £508,000.

Over a lifetime, an average household will pay £479,430 in income tax.

The 10% of income taxpayers with the largest incomes contribute over 60% of income tax.

Rishi Sunak paid more tax last year than an average earner pays in a lifetime.

He also earned around 4x more in that single year than the average earner makes in a lifetime.

Just the sort of Bloke You would want as chancellor or PM then!

[pib]

Rishi Sunak paid 23% on £2.2m income last year, which amounted to £508,000.

Over a lifetime, an average household will pay £479,430 in income tax.

The 10% of income taxpayers with the largest incomes contribute over 60% of income tax.

Rishi Sunak paid more tax last year than an average earner pays in a lifetime.

He also earned around 4x more in that single year than the average earner makes in a lifetime.

So vote for Starmer then. When he was standing for Labour leader in February 2020, and in order to win votes from those who had supported Jeremy Corbyn, he solemnly pledged that a government of his would ‘increase income tax for the top 5% of earners‘.

In 2022 he was adamantly vowing to reinstate the top tax band for earners over £150,000 and mocking ‘super-rich Rishi Sunak‘.

But, only seven months later in 2023, his tone changed and he made another of his notorious U-turns and thus broke another promise to the Labour members who elected him when he said he didn't want to raise income tax for top earners!

Vote Labour!

https://www.snp.org/starmer-and-sunak-dont-believe-in-taxing-the-ultra-wealthy-is-there-really-any-difference-between-the-westminster-twosome/

Don't blow your top fella. I'm just reading my post again and struggling to find where I criticised the Prime Minister, or compared him to Starmer or Labour in any way? Maybe you could point that out for me?

Even so, what has your response got to do with the point I made, which was purely factual and, as far as I can see, non-partisan?

Isn't it fair to point out that yes, whilst Sunak may have paid more tax in a year than the average person in a lifetime, he also pocketed more than the average person does in a lifetime? I'd say that's a pretty uncontroversial thing to posit, that the numbers should perhaps be looked at in relative terms rather than simply absolute.

Obviously not. Timely reminder for me why I barely ever bother to post in the snipe-fest Off Topic section though. Cheers. Maybe I'll check back in another 3 years.

[Bentley Bullet]

Rishi Sunak paid 23% on £2.2m income last year, which amounted to £508,000.

Over a lifetime, an average household will pay £479,430 in income tax.

The 10% of income taxpayers with the largest incomes contribute over 60% of income tax.

Rishi Sunak paid more tax last year than an average earner pays in a lifetime.

He also earned around 4x more in that single year than the average earner makes in a lifetime.

So vote for Starmer then. When he was standing for Labour leader in February 2020, and in order to win votes from those who had supported Jeremy Corbyn, he solemnly pledged that a government of his would ‘increase income tax for the top 5% of earners‘.

In 2022 he was adamantly vowing to reinstate the top tax band for earners over £150,000 and mocking ‘super-rich Rishi Sunak‘.

But, only seven months later in 2023, his tone changed and he made another of his notorious U-turns and thus broke another promise to the Labour members who elected him when he said he didn't want to raise income tax for top earners!

Vote Labour!

https://www.snp.org/starmer-and-sunak-dont-believe-in-taxing-the-ultra-wealthy-is-there-really-any-difference-between-the-westminster-twosome/

Don't blow your top fella. I'm just reading my post again and struggling to find where I criticised the Prime Minister, or compared him to Starmer or Labour in any way? Maybe you could point that out for me?

Even so, what has your response got to do with the point I made, which was purely factual and, as far as I can see, non-partisan?

Isn't it fair to point out that yes, whilst Sunak may have paid more tax in a year than the average person in a lifetime, he also pocketed more than the average person does in a lifetime? I'd say that's a pretty uncontroversial thing to posit, that the numbers should perhaps be looked at in relative terms rather than simply absolute.

Obviously not. Timely reminder for me why I barely ever bother to post in the snipe-fest Off Topic section though. Cheers. Maybe I'll check back in another 3 years.

If I may clarify, it appeared to me that your previous response included criticism towards the Prime Minister's annual earnings, which are about four times more than what an average earner makes in a lifetime. As a result, it seemed like you were the one who was getting upset. However, if my assumption was incorrect, I apologize for any misunderstanding.

[pib]

Rishi Sunak paid 23% on £2.2m income last year, which amounted to £508,000.

Over a lifetime, an average household will pay £479,430 in income tax.

The 10% of income taxpayers with the largest incomes contribute over 60% of income tax.

Rishi Sunak paid more tax last year than an average earner pays in a lifetime.

He also earned around 4x more in that single year than the average earner makes in a lifetime.

So vote for Starmer then. When he was standing for Labour leader in February 2020, and in order to win votes from those who had supported Jeremy Corbyn, he solemnly pledged that a government of his would ‘increase income tax for the top 5% of earners‘.

In 2022 he was adamantly vowing to reinstate the top tax band for earners over £150,000 and mocking ‘super-rich Rishi Sunak‘.

But, only seven months later in 2023, his tone changed and he made another of his notorious U-turns and thus broke another promise to the Labour members who elected him when he said he didn't want to raise income tax for top earners!

Vote Labour!

https://www.snp.org/starmer-and-sunak-dont-believe-in-taxing-the-ultra-wealthy-is-there-really-any-difference-between-the-westminster-twosome/

Don't blow your top fella. I'm just reading my post again and struggling to find where I criticised the Prime Minister, or compared him to Starmer or Labour in any way? Maybe you could point that out for me?

Even so, what has your response got to do with the point I made, which was purely factual and, as far as I can see, non-partisan?

Isn't it fair to point out that yes, whilst Sunak may have paid more tax in a year than the average person in a lifetime, he also pocketed more than the average person does in a lifetime? I'd say that's a pretty uncontroversial thing to posit, that the numbers should perhaps be looked at in relative terms rather than simply absolute.

Obviously not. Timely reminder for me why I barely ever bother to post in the snipe-fest Off Topic section though. Cheers. Maybe I'll check back in another 3 years.

If I may clarify, it appeared to me that your previous response included criticism towards the Prime Minister's annual earnings, which are about four times more than what an average earner makes in a lifetime. As a result, it seemed like you were the one who was getting upset. However, if my assumption was incorrect, I apologize for any misunderstanding.

No problem BB. I think you did misunderstand, or imply something from my post that wasn't there. I simply thought that it was reasonable to point out that whilst the PM did pay more tax in one year than the average person might do in a lifetime, it is also fair to point out that he earns much more in a year than the average person does in a lifetime. I didn't intend to attach any value judgement to that, but felt it was relevant context to add.

Whether 23% is a fair proportion to pay on such a figure, when, for example, someone earning 1/10 of that as a salary would pay around 38% income tax on their earnings (43% including NI), is another matter.

[Bristol Red Rover]

where does sunak have his investments?

Where does Starmer have his investments?

This is about Sunak. Are you approving of his tax avoidance?

[Bristol Red Rover]

Rishi Sunak paid 23% on £2.2m income last year, which amounted to £508,000.

Over a lifetime, an average household will pay £479,430 in income tax.

The 10% of income taxpayers with the largest incomes contribute over 60% of income tax.

Rishi Sunak paid more tax last year than an average earner pays in a lifetime.

He also earned around 4x more in that single year than the average earner makes in a lifetime.

Just the sort of Bloke You would want as chancellor or PM then!

Except he is a tax avoided.

Wealth - Putin is rich, Trump too. I could count many other wealthy people as candidates for your boss. Tell me, what are the main qualities you respect as a PM,  chancellor? Just big bank account?

[Bentley Bullet]

Would you prefer someone poor like Starmer?

[Bristol Red Rover]

You say Sunak's a thieving twonk while hiding in an off-topic 4th division football forum. Show some courage in your conviction and take him to court. Why not get your local Labour MP to do it for you?

I avoid paying taxes, I imagine most people do. That's what Financial advisors and accountants are for. 

So you approve of a couple avoiding taxes and paying £500k on £13.5 million. And the man in that couple being your leader. And at the same time approve of policies that put the poorest in society in extreme vulnerable situations, wrecking their health,  families, even killing them. Fine morals sir.

[Bristol Red Rover]

Would you prefer someone poor like Starmer?

A leader having money is the last quality I'd look for. You have different principles. Messed up.

[Bentley Bullet]

You say Sunak's a thieving twonk while hiding in an off-topic 4th division football forum. Show some courage in your conviction and take him to court. Why not get your local Labour MP to do it for you?

I avoid paying taxes, I imagine most people do. That's what Financial advisors and accountants are for. 

So you approve of a couple avoiding taxes and paying £500k on £13.5 million. And the man in that couple being your leader. And at the same time approve of policies that put the poorest in society in extreme vulnerable situations, wrecking their health,  families, even killing them. Fine morals sir.

It doesn't matter whether I approve or not, you should be asking our new leader, Keir Starmer.

Now then, as I see it, you must report Sunak for his thieving to the proper authorities. It is your duty to the country. Spurting the accusation out on a fourth division off-topic football forum is not going to get you anywhere.

Meanwhile, you can apologise for calling Sunak my leader.

[drfchound]

where does sunak have his investments?

Where does Starmer have his investments?

This is about Sunak. Are you approving of his tax avoidance?

Tax avoidance is perfectly legal.
Tax evasion is illegal.
Tax avoidance is something that plenty of people on this forum will have done at some time in their lives, especially people with businesses and the self employed.
Of course there will also be people who just go by the PAYE scheme and pay their 20% rate.

[wilts rover]

where does sunak have his investments?

Where does Starmer have his investments?

How is that an answer to where Sunak has his investments?