Len Rum
Well-Known Member
How else you gonna pay for the NHS, social care, police, schools, other public services?This notion that the so called rich should pay more tax; in this case, Labours plan to increase the income tax rate of those earning over £80,000 is bulls**t. Basic mathematics shows that the rich already pay more tax by virtue of the fact that 20% (basic rate of income tax) of £40,000 is twice as much as 20% of £20,000.
Trickle down benefits from a 'strong' economy to pay for public services is not working.
Reversing the cuts in inheritance tax and capital gains tax ( which only benefit the wealthy) will also help.