Tancred wrote: »
Taxing the top 2% will never bring in much money, taxing the top 20% will - but no party seems willing to pay the political cost of this, and thus the country suffers as a result.
Do you have the figures for how much of the total income tax bill is paid by the top 2% versus the top 98%? Ditto top 20% versus top 80%.
hugheskevi wrote: »
Based on figures from HMRC for 2012/13, the top 3% of income tax payers pay 34% of all income tax, whilst the top 30% pay 77% of all income tax.
gadgetmind wrote: »
Thanks. Sounds like taxing the top few percent is bringing in a lot of money, and I'd say there is a good argument that they are over-taxed.
harz99 wrote: »
bringing more, be it 20 or 30%, taxpayers into the scope of the higher tax bands.
joefried wrote: »
Forgive me if this has been already answered -- I've looked through this thread and not seen an answer -- but can you delay taking your state pension in order to get the new flat rate pension?
At the moment you can delay your pension to get an increased payment. Does this stop in April 2017?
Change begins next April
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