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Tax Rise To Dent The Rich

April 22nd, 2009 by Shaun

Alistair Darling has announced a plan where he will tax everybody who earns over £150,000 a staggering 50p.

50p Tax by Alistair Darling
Screenshot was taken from http://news.bbc.co.uk/1/hi/uk_politics/8011321.stm 15:22 on Wed 22nd Apr 2009.

I’m not entirely sure whether this taxable amount will be taken anually or monthly, but even worst case scenario means £6 a year will be syphoned off from Britain’s elite and hardest working. That means for one lunch a year, they’ll have to skip buying a chicken wrap from Subway and bring something from home.

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3 Responses to “Tax Rise To Dent The Rich”

  1. on 22 Apr 2009 at 5:56 pm   Duncan
    Using Internet Explorer Internet Explorer 8.0 on Windows Windows XP

    Does this not mean 50p out of every £1 earned?
    Like they are taxed 50% of what they earn?

    I know nothing about money (My friends will attest to that, lol) so i might be wrong?

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  2. on 22 Apr 2009 at 6:08 pm   Shaun
    Using Mozilla Firefox Mozilla Firefox 3.0.9 on Windows Windows XP

    Duncan on April 22, 2009 at 5:56 pm said:

    Does this not mean 50p out of every £1 earned?
    Like they are taxed 50% of what they earn?

    I know nothing about money (My friends will attest to that, lol) so i might be wrong?

    It’s a typo, they meant to put 50% I am sure.
    Welcome to the club!

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  3. on 06 Mar 2010 at 12:16 am   ROWENABurke
    Using Internet Explorer Internet Explorer 7.0 on Windows Windows XP

    The business loans seem to be important for people, which are willing to start their business. As a fact, that’s not very hard to get a secured loan.

    [ Quote ]

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