Rich people don't pay taxes ? Shocking, I say, just shocking !

[eppur_se_muova]

Millionaire tax avoiders 'shock' chancellor (BBC)

The chancellor has said he is "shocked" that some of the UK's richest people have organised their finances so that they pay virtually no income tax.

George Osborne told the Daily Telegraph the very wealthiest should be paying around a third of their income in tax.

He said he had seen "anonymised copies" of tax returns which showed him that some of the highest earners paid an income tax rate averaging at just 10%.

He said he would take "further action" but did not outline any new proposals.

HM Revenue and Customs provided the chancellor with the confidential tax returns submitted to the organisation by the UK's wealthiest people, the Telegraph reported.
***
more: http://www.bbc.co.uk/news/uk-politics-17661011




Americans, sure ... but Englishmen don't do this ! Somehow, this sounds like feigned outrage to me.

[brewens]

1. Like our wealthy, some of whom are crooks. They don't buy a system that they lose on.

People have been brainwashed into not believing the vast wealth that's been looted the last 30 years. I'm convinced that if we'd been forcing them to pay their fair share in taxes all along, our debt would be minimal. That along with running things to keep our manufacturing here all along as well. It never had to be the way it went.

[golfguru]

2. A Flat Tax with NO deductions will cure that problem

That 40,000 page long tax code is full of special favors. Eliminate every
deduction including 3 martini lunches, and institute a flat tax. That will
level the playing field.