Middle income earners hit hardest by taxes
Think-tank releases analysis of UK tax system ahead of March 21 Budget
Think-tank releases analysis of UK tax system ahead of March 21 Budget
Middle income families are being hit hardest by the UK tax system, a report
by centre-Right think tank Reform says.
Middle income earners pay more tax as a proportion of their disposable income
than the very wealthy, the report says.
Whereas a household receiving £28,000 a year will pay 47.9% of that in tax,
earners in the top income bracket will pay 46.9%, the
Telegraph
reported.
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