KenTheLandlord
Well-Known Member
- Joined
- 10 Mar 2009
- Messages
- 4,256
Interesting. But misleading (at best, arguably just plain wrong), and presumbaly therefore put together by someone with an agenda.
If you earn less than £120k per year then the above is correct. Above £120k (which I think we might all agree we could call "Richest") then it is not. The "Richest" are worse off since they receive no personal allowance (and therefore do not benefit from the increased personal allowance) and the changes to NI mean they are worse off.
The Institute for Fiscal Studies or Chippy boy.
Its a tough one but i think the IFS shades it by about 100%.
Learn to understand the graph, then comeback.
A little hint look up the word Decile.