BladeoftheSun 1 day ago
The Welfare we spend too much on is billionaires.
Now a person working in London 40 hours a week earning the Minimum Wage ÂŁ28,392 a year pays 12.4% tax on their total wage.
12,590/28,392*0.28
Yet nearly 25% of people earning ÂŁ8m or more in the UK pay less than 1% tax.