Re:Evidence from leaked account data on how elites use offsh...
by mazteraz9 on Saturday May 08, 2021 @05:35PM
(#27090945)
This is one of the more interesting points that gets lost in the "tax the rich" talk. I believe this is because people's general political point of reference is their individual situation and not the overall system - but from the system point of view it truly is just a drop in the bucket.
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Re:Evidence from leaked account data on how elites use offsh...
by Closi on Saturday May 08, 2021 @06:09PM
(#27091211)
Eh, the top 1% of earners are responsible for c15% of income. Bear in mind that these will be on a higher tax band too, so a figure of c25% of income tax revenue is pretty likely - hardly a drop in a budget.