The Mudcat Café TM
Thread #168430   Message #4153587
Posted By: Backwoodsman
24-Sep-22 - 09:59 PM
Thread Name: BS: Brexit & other UK political topics
Subject: RE: BS: Brexit & other UK political topics
”Income tax (as a percentage) has been cut for everyone earning above the figure for 'non taxable allowances'”

The highest earners (£150,001 pa and above) will benefit from a reduction in the rate of tax of 6% - a reduction of 5% on the Addtional Tax Rate, and 1% on the Basic Rate.

Those earning between £12,751 pa and £150,000 pa will benefit from a reduction of 1% on the Basic Rate.

Those earning less than £12,751 will see no benefit at all.

Do you really not perceive the gross inequity of giving the greatest benefit from tax cuts to those who need them the least, and nothing at all to those whose need is the greatest? Are you so blinded by Tory propaganda and dogma?