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    Rich get even richer after Tory tax-cut......

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    papa_umau
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    Rich get even richer after Tory tax-cut......

    Post by papa_umau on Sun 03 Feb 2013, 12:38 pm

    Even although we all knew that the tax-take for millionaires is to be cut from 50% to 45% in April, I do not think that we realised just how much more this was going to put in the pockets of the super-rich.

    Well, here is a report published yesterday that is a shocker:

    H.M.Revenue and Customs reported this survey.

    The number of millionaires who will benefit from David Cameron's and George Osborne's April tax cut has soared to 13,000. ( Incidentally, almost all of the members of Cameron's cabinet are included in that figure ).

    Previously, experts thought 8,000 people earning over 1,000,000 a year would get an average tax-cut of almost 100,000 every year because of the decision to cut the tax rate to 45%, but the number of people earning at least 1 million a year has since rocketed to a high of 13,000 - despite Britain teetering on the brink of a triple-dip recession.

    The total income of Britons who earned over 1 million last year was 27.4BILLION and because of this tax-cut they will now be able to keep much more of it. Because of this cut the million-pound earners tax will drop by 1.3 Billion.

    Shadow Treasury Minister, Catherine McKinnell, said: "Instead of giving a tax cut to the very rich, they should use that money to help to kick-start a much-needed recovery of Britain's economy!"

    What do you think ?


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    zathrus
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    Re: Rich get even richer after Tory tax-cut......

    Post by zathrus on Thu 07 Feb 2013, 1:37 pm

    That makes me so angry ! Mad

    I will never forget that day that Cameron said that "WE were all in it together!"

    What a twit.
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    papa_umau
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    Re: Rich get even richer after Tory tax-cut......

    Post by papa_umau on Fri 08 Feb 2013, 1:07 pm

    And so it should Zath'. "Make you angry" I mean, as this is just another way where the rich keep getting richer and the poor keep getting poorer in Britain.

    What is even more shocking, is that this government seem unable to see that that is what is happening as they look after their millionaire pals while they continue to attack the poor and the sick and the vulnerable under their jackbooted heel.


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    Angie baby
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    Re: Rich get even richer after Tory tax-cut......

    Post by Angie baby on Sat 09 Feb 2013, 1:11 pm

    Is it really true that most of Cameron's cabinet buddies are millionaires ?

    How the hell did that happen then ?

    Also, if that indictment is true, how can a bunch of millionaires even begin to understand what the rest of us are suffering, if they say that they want to create a fair and equitable society in Britain ?

    Or, more likely they probably just don't give a toss for us !
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    papa_umau
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    Re: Rich get even richer after Tory tax-cut......

    Post by papa_umau on Sun 10 Feb 2013, 12:45 pm

    Yes my dear, it IS true that most if not all of Cameron's Cabinet buddies ARE millionaires.

    I believe that this happened because the Tory party lean heavily towards the fact that most of their politicians come from money and privilege and it is the ones with the most money and the greatest privilege that get the first choice at the "cream" that is available in British politics.

    It is just the way of that particular animal !

    You are not the only person which has asked in the past about how such privileged people can possibly have any idea about what it is like to live in Britain without those privileges. They don't and they can't, is the simple answer ! That is why the ordinary people in Britain should never be shocked because these particular leopards can not and will not change their spots.


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