Outside the marginals

a commentary on the politics that followed the UK 2010 & 2015 elections

Neilisms and out of context factoids

Andrew Neil was lambasting the Liberal Democrats today (BBC2 Daily Politics 24 September 2012) with the unreferenced factoid: the “top 10% pay 55% of all income tax paid”. Out of context it is meaningless and does nothing other than make Andrew Neil look like a bully.

I wonder how much of all income does the top 10% snaffle? More than 55%? If it is more than 55%, I very much hope that they are paying at least 55% of all income tax paid.  Looking at Wealth Accumulation and Total Tax might be even more illuminating.

Are similar figures available for the top 1%, the top 0.1% and the top 0.01%?

Once we know this we may be able to have a more educated debate about the progressiveness of our tax system.

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