Tax is not just something for ‘the little people’, says the TUC
Commenting on government figures showing the numbers of super-rich individuals in the UK that pay less than the 20% basic rate of income tax, TUC general secretary Brendan Barber said: “These are truly shocking figures. For too many of Britain’s super-rich, tax is something for the little people.
“Unfortunately the government is making the mistake of trying to deal with tax reform in a piecemeal way – one day rewarding the very wealthy with a cut in their tax rate, the next trying to unpick their allowances that benefit charitable institutions.
“Instead what we need is a proper and comprehensive review of our tax system – one that sets out to make tax fair for everyone and means the super-rich start to pay effective tax rates much higher than the seemingly voluntary rates they pay at the moment.”