Monday, 16 April 2012

Tax is not just something for 'the little people', says the TUC

Commenting on government figures published today (Monday) showing the numbers of super-rich individuals in the UK that pay less than the 20 per cent basic rate of income tax, Midlands TUC Regional Secretary Rob Johnston 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."

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