Wait, wait, wait… The average middle-class voter who is struggling to get by is starting to turn away from the Tories and their leader’s suggestion is to reduce taxes on the wealthiest people? Not to improve services or perhaps address the issues that drove former conservative party voters to Labour. No. Cutting the taxes of the elite, further reducing funding for services that the majority of voters use or rely on is the obvious answer.
I am not from the UK do allow me a question: From what yearly income on, do you guys have to pay the „top tax“ and how high is it at the moment?
£125,140 a year you pay 45% income tax. But it’s not quite that simple because you don’t pay 45% on everything, just whatever is earned above that and the other thresholds https://www.gov.uk/income-tax-rates
Interesting- compared to my country Germany where you have to pay 42% for everything you earn above (!) 62.810 €
Guess Germany hates its middle class even more than the UK…
Maybe one day I will be making lots of money and will want to pay less tax. I better start voting tory… Is that how they think people think? Or even worse, are there people who really think like that?
This is the best summary I could come up with:
Rishi Sunak is considering a tax cut for the 5 million highest earners and reducing stamp duty in an attempt to ease the pressure on his leadership after two historic byelection defeats, it has been reported.
The Conservatives may raise the 40% income tax threshold after Labour’s victory in Mid Bedfordshire, Nadine Dorries’ former seat.
The Daily Telegraph reported that surveys have been carried out by Downing Street to ascertain which tax reduction could give the party the biggest political pre-election boost with the 2024 spring budget considered the earliest it could be announced.
The Conservatives are also planning to reduce stamp duty for their general election manifesto next year if the economy has strengthened, the Times reported.
A senior Tory told the Times that reducing stamp duty would be “aspirational” and improve the economy in addition to attracting middle-class voters who had left the party.
Official figures showed that public sector net borrowing was £14.3bn last month, lower than the £20.5bn that had been forecast by the Office for Budget Responsibility.
The original article contains 304 words, the summary contains 172 words. Saved 43%. I’m a bot and I’m open source!
Figured it was The Onion for sure…
