Online: | |
Visits: | |
Stories: |
Story Views | |
Now: | |
Last Hour: | |
Last 24 Hours: | |
Total: |
A newly released report has revealed, as many have suspected, that British taxes are currently weighted in such a way that hits the poorest families harder than the richest ones. With the Tories considering tax cuts for the rich, and reducing benefits plus tax credits for the poor that situation could get worse instead of better.
The 2014 figures from the Office of National Statistics (ONS) clearly showed the disparity between the richest and the poorest. The richest fifth of the population had an average yearly income of £80, 800 before taxes or benefits were taken into account.