4 ms·
I think there are more poor than you imagine. Can you provide solid numbers how this rectangle is constructed?
by sublinear 2y ago
I think there are more poor than you imagine. Can you provide solid numbers how this rectangle is constructed?
- xen0 2y agoThe largest forms of tax revenue in the UK are, in order: * Income Tax * National Insurance * VAT * Corporation Tax In terms of amounts received, the first is by far the largest and is overwhelmingly paid by 'higher earners'. The top 50 % pay over 90% of it. The top 1% pay ~30% of it. National Insurance is less progressive. I would argue that should change but it is what it is. I can't argue against VAT being regressive, but breakdown of 'amount of VAT paid by income' isn't available.