You are reading a single comment by @hugo7 and its replies.
Click here to read the full conversation.
London Fixed Gear and Single-Speed is a community of predominantly fixed gear and single-speed cyclists in and around London, UK.
This site is supported almost exclusively by donations. Please consider donating a small amount regularly.
hugo7
But even though you got no tax from that 200K, you (as a govt) would likely be net positive as you wouldn't have to support nine unemployed people.
I think people would benefit from knowing who exactly we're talking about with higher tax thresholds. Someone (Corbyn) should be in a position to say that 'the 1%' refers explicitly to people to 250K (or whatever) and we're otherwise not actually going to tax you any more. It's not even taxing peoples aspirations, as so few will ever reach there.