4 ms·

> There's an eye watering level of wealth at the top. the top 1% of UK earners account for 30% of all income tax. https://www.theguardian.com/business/2019/no

• smcl 5y ago
  ... and could likely afford a good deal more with zero impact on their own standard of living
• cjrp 5y ago
  Needs the context of what % of total wealth they own though surely?
• pydry 5y ago
  Top 1% of wage earners, on the other hand... arent actually that rich but are taxed a lot. In London that gets you a fairly modest flat. The stratospherically wealthy dont have salaries they own yield bearing assets and have a much lower tax burden. This is where the real fat is. Nonetheless to the average person it's easy to confuse the two groups.