Quote Originally Posted by JamesWales View Post
Yeah, that's a good outline for a Socialist Worker editorial at any point in the last 50 years, but it isn't really true.

The top 1% of income tax payers pay around a 25% of all income tax.
The bottom half of all income tax payers pay 10%.
https://ifs.org.uk/publications/9178

And rightly so, may I add.

I would probably rather they increased income tax than national insurance, but something had to be done.
We desperately needed to make sure that pensioners with 500k+ wealth only need to spend a fraction of it on care? They can't spend it when you are dead and their 'kids' are already retirement age.