Here's a snapshot of Graham Marsden's twitter page:
Oor Graham follows Liz's example and speaks to the digital masses via twitter. That only leaves Sandy and Laurie to share their thoughts on the micro-blogging site. You can keep up to date with the thoughts of your LibDem member here.
1 comment:
No. According to the item in the Telegraph - it is the top 1% of the workforce not the 'folk' in the UK that are supposed to provide the 21.7%.
http://www.telegraph.co.uk/finance/personalfinance/consumertips/tax/8321369/Top-1-of-workers-pay-quarter-of-all-income-tax.html
This 50% tax is on incomes above £150,000 (however there have also been other changes to taxation for those above £100,000)
The trouble with snapshot stats is that there is always far more to it when you dig deeper and this depth is not something that can be easily hinted at through the medium of twitter.
This item from the BBC attempted to answer the question of Just what a big salary is
http://news.bbc.co.uk/1/hi/8151355.stm
And I have read that:
(http://www.cityam.com/news-and-analysis/allister-heath/shock-horror-uk%E2%80%88needs-rich-people)
HMRC’s estimates for 2010-11 are that there will be 27.799m people earning between £6,475 and £50,000, 2.050m on £50k-£100k, 342,000 on £100k-£150k, 145,000 on £150k-£200k, 143,000 on £200k-£500k, 26,000 on £500k-£1m and 13,000 on £1m-above. In other words, out of 30.518m people eligible to pay direct taxation on their income, 29.849m (or 97.8 per cent) make less than £100k and 669,000 (or 2.2 per cent) make £100k or more. Just 327,000 people (1.1 per cent) will make at least £150k, the rate at which the 50p tax kicks in.
If you are one of those higher earners then KPMG have some tips for you
http://www.kpmg.com/UK/en/IssuesAndInsights/ArticlesPublications/Documents/PDF/Tax/Top%2010%20Tips%20on%2050%5Dop_10_tax_tips_for_50_percent_Accessible.pdf
For those keen to see how other incomes levels could be affected by changes to taxation
http://www.ifs.org.uk/pr/gb_ch12.pdf
(Then of course we have indirect taxation which may or may not affect those on lower earnings disproportionately as they have to pay the tax element of the cost of petrol, heating oil, clothing, insurance etc out of a much smaller income.)
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