Hunt hammers middle-earners: 8MILLION Britons face paying 40p tax and another 2m the top rate after 'stealth' raid despite wages flatlining for 20 YEARS and record living standards fall - as IFS slams government 'own goals' for making us 'poorer'

UK Daily Mail ^ | November 18, 2022 | James Tapsfield

[C19fan]

Eight million Britons will be paying the higher rate of tax and two million the 45p rate within five years after Jeremy Hunt's brutal 'stealth raid'.

The scale of the pain set to be caused by 'fiscal drag' was laid bare as experts digested the implications of the Chancellor's bombshell Autumn Statement.

The respected IFS think-tank pointed out that the tax burden is set to reach a new post-war peak, and will be the equivalent of £100billion a year higher by 2027-28 than it has been for most of the past 70 years.

[C19fan]

"Running out of other people's money" moment. These Tories thanks to profligate spending, de facto open borders, and Green Energy are going to destroy Britain's Middling Class. This is the der Fuhrer's Great Reset in action. 1: Sounds like the rentier class and foreigners living in England, whether the PM's wife, Slavs, Arabs, are getting off. 2: Albanians, Africans, and Arabs continue invasions demanding four-and-five star accomdations. 3: Continued Green Energy 4: COVID Bailouts that have pushed government debt-to-GDP to over 100%.

Funny think Disreali's rein visioned Tory Party was a coalition of the Tory gentry land owning class with the working classes against the Middle Class. It appears that is what the Tory party is trying to do now.

[McCarthysGhost]

All of the productive people of the world need to establish their own country away from all of the parasites and their thieving governments.

[Fresh Wind]

45p = 45% in American English

[Leaning Right]

> 45p = 45% in American English <

Thanks for the clarification. I ignorantly thought 45p meant they would be paying 45 pence. What’s the big fuss there?

Note to self: Do not apply for any accounting job in the UK.

[AndyJackson]

They end the money to send to Ukraine to keep the deep state money laundromat going.

[Fresh Wind]

Let me tell you how it will be
There’s one for you, nineteen for me
Cos I’m the taxman, yeah, I’m the taxman

Should five per cent appear too small
Be thankful I don’t take it all
Cos I’m the taxman, yeah I’m the taxman

If you drive a car, I’ll tax the street
If you try to sit, I’ll tax your seat
If you get too cold I’ll tax the heat
If you take a walk, I’ll tax your feet

Taxman!
Cos I’m the taxman, yeah I’m the taxman

[ncalburt]

Yet The Millionaire Indian PM's Billionaire Heiress Wife Is Not a Citizen and Pays No British Taxes .

Let the dummie white serfs pay huge taxes while Foreign Invaders Billionaires pay Nothing in England .

The Tory party is Doomed with that Logic .

[Sicon]

Nice headline. Do they have any editors at the Daily Mail?

[combat_boots]

Eggs

https://www.zerohedge.com/commodities/british-supermarkets-start-ration-eggs

[MeneMeneTekelUpharsin]

All of the productive people of the world need to establish their own country away from all of the parasites and their thieving governm

People had God as their leader and said/demanded, "Give us a king.". And, it was so. He told them what would happen when they had a king and every bit of it has come true. What is your solution now? Governments are established by God, the Bible says so. Going to reject that now? Hmm...

[RummyChick]

Same here.

45 percent is a heck of an increase when middle class already reeling from inflation

[Gnome1949]

Communism.

The British did not defeat it. It has embraced it.

Everything you earn belongs to the government to distribute as it sees fit.

[Empire_of_Liberty]

Maybe they wish Truss had been able to lower the rate, now.

[Gay State Conservative]

If Brits think things are bad *now* they can wait for the Maoists of the Labour Party to take over...which they will pretty soon (or maybe very soon). They have the ability...and the desire...to turn Britain into another North Korea.

[TimSkalaBim]

That’s what Musk is trying to do. Will take a while.

[Made In The USA]

Galt’s Gulch?

[tennmountainman]

The Tories will be wiped out in next elections.

[mewzilla]

The UK has the same problem we do.

The letter after the name means jack anymore.

A pol is either loyal to his former republic/constitutional monarchy or to Deep State.

The vast majority of the UK’s pols, like ours, are Deep State.

The UK’s citizenry is paying for voting for Brexit.

Ours is making us pay for voting for Trump. Twice.

We in the US have one advantage: We have Trump standing between us and our Deep State.

The UK’s citizenry desperately needs someone like Trump. NOW.

[Hiddigeigei]

"Communism. The British did not defeat it. It has embraced it."
The Tories have been taken over and led by Schwab and the WEF, as has Canada, most European countries, the Democrat Party and many members of the Republican Party. Their goal is the elimination of the middle class (because it is using up too much natural resources better saved for an elite). They also want nations/nationalism destroyed and replaced by a global dictatorship, the average citizen dead, and those left to own nothing and eat bugs.

[SaveFerris]

[”Talk sense to a fool and he calls you foolish,” said Dionysus - Euripides]

I can testify to this; from personal experience, I’m very sorry to say