The Mudcat Café TM
Thread #162855   Message #3937496
Posted By: Nigel Parsons
15-Jul-18 - 10:35 AM
Thread Name: BS: Post Brexit life in the UK
Subject: RE: BS: Post Brexit life in the UK
From: Jim Carroll - PM
Date: 15 Jul 18 - 03:46 AM

MAINTAINING BRITISH STANDARDS
Jim Carroll


Interesting link, but I would question its accuracy (even if it is from the Telegraph):
The Organisation for Economic Co-operation and Development, a leading economic forum, said that the wealthiest tenth of society now earn 12 times as much as the poorest, up from eight times as much in the 1980s.

In addition the amount of total income taken by the top 1 per cent of earners - including bankers, managers and executives - has doubled to 14 per cent.

By contrast, the top tax rate has fallen while benefits for the poorest have become less generous.


The article is from 2011, at which time the top rate of income tax was 50% the highest it had been since 1990, so hardly matching the claim which I've included in bold

While the inclusion of one false premise doesn't automatically invalidate the whole article, it does call into question the reliability of the article.
I am, of course, assuming that all the comments follow on from the first and that he is comparing 'now' (2011) with the 1980s. This is on the basis that he doesn't state any other dates for comparison.

HMRC's list of historic top rates (from 1990) can be seen Here