June 28, 2014

Poor households pay more taxes than the super-wealthy

Most people in the UK wrongly assume that the richer you are, the more tax you pay. A new study has helped to break down that myth and reveals that in actual fact, the truth is just the opposite.

The less you earn, the greater proportion of your income in tax you pay. Sounds fair right? Right? Read more.

Akashic Times

Related,
Britain's top earners surge ahead as wealth divide widens - Guardian
IMF Issues “Revolutionary” Warning on Corporate Tax Avoidance - IPS

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