Who will be getting angry?

Posted on

I've just noted the dangers that occur when a majority are oppressed by an elite.

Who will get angry? Well, note this from this morning's Guardian, reporting the Institute for Fiscal Studies:

Analysis from the Institute for Fiscal Studies today reveals that changes in April will drag 750,000 people into the 40% tax bracket. Meanwhile, little-publicised tax credit cuts will push the marginal rates of 175,000 working parents up above 70%. In theory, effective tax rates in Middle Britain could reach 83%, the rate that Labour levied on Britain's top earners before 1979.

And when UK companies are being offered tax rates as low as 8% you honestly think people are going to say "yes, of course we're all in this together?"

No they're not: and they're not going to be quiet about it either.

Thanks for reading this post.
You can share this post on social media of your choice by clicking these icons:

You can subscribe to this blog's daily email here.

And if you would like to support this blog you can, here: