Fudoshin ️🏳️🌈 to UK Politics · edit-24 months agoRishi Sunak paid effective tax rate of 23% on £2.2m income last yearwww.theguardian.comexternal-linkmessage-square41fedilinkarrow-up169arrow-down12cross-posted to: worldnews@lemmit.online
arrow-up167arrow-down1external-linkRishi Sunak paid effective tax rate of 23% on £2.2m income last yearwww.theguardian.comFudoshin ️🏳️🌈 to UK Politics · edit-24 months agomessage-square41fedilinkcross-posted to: worldnews@lemmit.online
minus-squareMoonManKipper@lemmy.worldlinkfedilinkEnglisharrow-up5arrow-down3·4 months agoIt’s not - he paid capital gains tax on a capital gain.
minus-squareRoss_audio@lemmy.worldlinkfedilinkarrow-up17·4 months agoAnd 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.
minus-squareLifeBandit666linkfedilinkEnglisharrow-up4·4 months agoAnd it won’t be fixed by people who benefit from it
It’s not - he paid capital gains tax on a capital gain.
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.
And it won’t be fixed by people who benefit from it