Tags: rich

Government should cut tax reliefs for the super-rich, not their tax rate

Responding to a letter to the Daily Telegraph today (Thursday) calling on the Chancellor to scrap the 50p tax rate in the Budget, TUC General Secretary Brendan Barber said: ‘It’s not surprising to learn that rich people want to pay less tax. What is worrying is that many in government are encouraging them to confuse…

Income inequality rising fastest in UK, says OECD

The UK has been urged to create more employment opportunities and improve social inclusion of those from poorer backgrounds to address growing income inequality. According to a new report from the Organisation for Economic Co-operation and Development (OECD), the pay gap between the best and worst-paid workers has risen faster over the past few decades…