UK Politics

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Rishi Sunak paid effective tax rate of 23% on £2.2m income last year (www.theguardian.com)

submitted 8 months ago* (last edited 7 months ago) by Fudoshin@feddit.uk to c/uk_politics@feddit.uk

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[–] remotelove@lemmy.ca 22 points 8 months ago* (last edited 8 months ago) (2 children)

For anyone not wanting to read into the Reddit thread and is also from the US, it seems the "normal" tax rate is ~40% for people in the UK. So, 23% is a fairly large tax break.

I dunno how accurate that is, but if it's wrong, Cunningham's Law absolutely applies.

[–] MoonManKipper@lemmy.world 2 points 8 months ago (1 children)

It’s not - he paid capital gains tax on a capital gain.

[–] Ross_audio@lemmy.world 17 points 7 months ago (1 children)

And it's still correct that it's a massive tax break.

The fact we have a massive tax break on capital gains compared to workers incomes is a shame on society in general and is basically the root of increasing inequality.

[–] Lifebandit666@feddit.uk 4 points 7 months ago

And it won't be fixed by people who benefit from it

[–] Fudoshin@feddit.uk -4 points 8 months ago (3 children)

Americans? Do they visit this place? Why would they?

[–] chickenf622@sh.itjust.works 15 points 8 months ago (2 children)

Cause it's important to, at least, vaguely stay up to date o the news happening in countries that have a big presence on the world stage

[–] lurch@sh.itjust.works 4 points 7 months ago

just in case they find oil 😆

[–] Fudoshin@feddit.uk -3 points 8 months ago

have a big presence on the world stage

Aaah I see you're a smoker of the devils lettuce. ;)

[–] remotelove@lemmy.ca 7 points 8 months ago* (last edited 8 months ago) (1 children)

I was there a few times. The beer was good and the pub atmosphere was kinda cool. Some random girl took me around the underground/after hours club scene in London once, so that was unique.

It was a good number of years ago though and lots of booze was involved, so I think I had some wicked-cool adventures?

[–] Fudoshin@feddit.uk 0 points 8 months ago (1 children)

Bad! Wrong!

The UK is a shitole beyond compare and I will have nothing good said about our shitole!

[–] remotelove@lemmy.ca 8 points 8 months ago

Well, y'all did give us the imperial system of measure, so I am really bitter about that. That is absolutely unforgivable, actually.

[–] Fal@yiffit.net 4 points 7 months ago

Because browsing new of all is the only way to use lemmy