The report released on Monday suggested any action by the government to close loopholes at the budget would be positively received. That includes remedying the situation where someone who lives purely off dividends from shares pays a lower rate of income tax than someone who is working.
The tax rate on dividends is the income tax rate plus the corporation tax already charged at the level of the company.
But then Tax Justice is run by Alex Cobham who has been known to get complicated matters like adding up wildly wrong.
Amazingly, the report doesn’t actually mention the idea nor question.
And now here’s what’s vile:
In our next report, we will explore what ways
of communicating on tax and wealth resonate
the most with the public and how to shift
This is a propaganda project. How do we get people to agree to higher taxes?
This report was prepared with funding from the
Friends Provident Foundation and the ESRC Impact
Acceleration Awards via The University of Sheffield’s
Internal Knowledge Exchange Scheme.
Yep, via the ESRC we’re paying tax to be persuaded to pay higher tax.
Fuck ’em, eh?