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  • Problem with this is that your premises are not true.

    High earners are taxed less than low earners, and as GH said, taking someones wheelchair away doesn't remove as much of the deficit as taxing corporations reasonably would so do.

    • The poorest 10% of households paid on average 42% of their income in tax in 2015/16.
    • The richest 10% of households however paid on average just 34.3% of their income in tax
    • Council tax and VAT hit the poorest particularly hard, with the poorest 10% of households paying 7% of their gross income in council tax, compared to just 1.5% for the richest, and 12.5% of gross income paid in VAT (5% for rich)
    • Despite paying far less of their income in tax, the richest 10% have on average a gross income of £110,632, 10 times that of the poorest (£10,992)
    • Post tax (including direct and indirect taxes and cash benefits) the poorest 10% have on average £6,370 and the richest 10% have £72,746

    Data from here: https://www.ons.gov.uk/peoplepopulationandcommunity/personalandhouseholdfinances/incomeandwealth/datasets/theeffectsoftaxesandbenefitsonhouseholdincomefinancialyearending2014

  • Those are all good reasons to reduce taxes, particularly fixed ones like council tax and VAT.

    34.3% of £110632 is £37946 in taxes
    42% of £10992 is £4616 in taxes

    So the high earners are paying 8x the tax, and Corbyn proposes to tax them even more.

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