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Post by yggdrasil on Mar 24, 2023 12:00:25 GMT
but his effective tax rate is way higher... www.thelondoneconomic.com/politics/starmers-earnings-are-smaller-than-sunaks-but-his-effective-tax-rate-is-way-higher-345720/Sir Keir Starmer is paying a far greater proportion of his earnings in tax than Rishi Sunak despite the Prime Minister making 10 times more. The Labour leader paid £118,580 in tax on earnings of £359,720 over the last two years, the summary of his tax return showed. That made his effective tax rate 33 per cent. Mr Sunak, who earned £3.7 million over the same period, paid a rate of about 22 per cent in tax because most of his earnings came from capital gains. ....Grossly unfair and needing changing as it highly favours the richest, or perfectly okay? |
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Post by Flying Monkeys (Flying/Monkeys on Mar 24, 2023 15:29:41 GMT
Perfectly okay - the bulk of Sunak's income came from capital gains which has a lower rate, as it should.
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Post by mowlick on Mar 26, 2023 20:27:37 GMT
but his effective tax rate is way higher... www.thelondoneconomic.com/politics/starmers-earnings-are-smaller-than-sunaks-but-his-effective-tax-rate-is-way-higher-345720/Sir Keir Starmer is paying a far greater proportion of his earnings in tax than Rishi Sunak despite the Prime Minister making 10 times more. The Labour leader paid £118,580 in tax on earnings of £359,720 over the last two years, the summary of his tax return showed. That made his effective tax rate 33 per cent. Mr Sunak, who earned £3.7 million over the same period, paid a rate of about 22 per cent in tax because most of his earnings came from capital gains. ....Grossly unfair and needing changing as it highly favours the richest, or perfectly okay? Dunno. Starmer would betray the UK to Brussels in an instant, so I can see how he is your hero Ash, but if he lacks the mother wit to employ a decent accountant, I can't see how he will be much good handling the public finances. |
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Post by yggdrasil on Mar 27, 2023 10:54:23 GMT
but his effective tax rate is way higher... www.thelondoneconomic.com/politics/starmers-earnings-are-smaller-than-sunaks-but-his-effective-tax-rate-is-way-higher-345720/Sir Keir Starmer is paying a far greater proportion of his earnings in tax than Rishi Sunak despite the Prime Minister making 10 times more. The Labour leader paid £118,580 in tax on earnings of £359,720 over the last two years, the summary of his tax return showed. That made his effective tax rate 33 per cent. Mr Sunak, who earned £3.7 million over the same period, paid a rate of about 22 per cent in tax because most of his earnings came from capital gains. ....Grossly unfair and needing changing as it highly favours the richest, or perfectly okay? Dunno. Starmer would betray the UK to Brussels in an instant, so I can see how he is your hero Ash, but if he lacks the mother wit to employ a decent accountant, I can't see how he will be much good handling the public finances. I don't vote Labour so not sure how he's my "hero". |
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Post by yggdrasil on Mar 27, 2023 15:54:41 GMT
What with the new SNP leader, Labour may be the last bastion of "white, educated, middle class male" leadership, perhaps they can nick some Tory votes.
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Post by Flying Monkeys (Flying/Monkeys on Mar 27, 2023 16:18:09 GMT
What with the new SNP leader, Labour may be the last bastion of "white, educated, middle class male" leadership, perhaps they can nick some Tory votes. Sling 'em out! |
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