Quote Originally Posted by johncar54 View Post
I just had a look at income tax. Never having been in the top bands I had not realised that those earning over £120,000 p.a. appear to get no personal allowance, thus pay tax on all their income..

Simon's point:-

That being so, the mates drinking beer, means that one pays say £3 to £4 a pint and the other £4.35 to £5.80 i.e. 45% more, and that applies to everything they buy.
Back to the real world, everyone - that includes the poorest to the richest - needs a certain amount of money to live off to pay for utils, food, clothes etc,

Rich or poor, most of what you buy or bills you need to pay, are not linked to your income.

As for the rich, I wonder how many pay cash to employees, how many have accountants so they pay £0 or as little tax as possible ??

http://www.mirror.co.uk/news/uk-news...er-tax-2055838