Poor households 'pay 47% of income in tax'
The poorest 10% of households pay almost half of their gross income in tax, analysis by a campaign group has claimed.
The poorest 10% of households pay almost half of their gross income in tax, analysis by a campaign group has claimed.
The campaign group behind new research that suggests poorer households pay almost half of their income in tax, has called for radical reform to the "pernicious" tax system.
The campaign group's chief executive Jonathan Isaby said:
This analysis shows how pernicious our tax burden has become. Not only does the tax system hit the poorest hardest, but those at the top are already contributing far more than anybody could reasonably describe as their 'fair share'.
Our tax system is neither progressive nor fair, and we need radical reform as well as necessary savings if the way we tax and spend is to become fit for purpose.
The Democratic presidential candidate may also have shown his cards on his choice of running mate.
The US president also shared a post on Twitter accusing Dr Anthony Fauci of misleading the public over hydroxychloroquine.
Fears over an impending second wave of coronavirus dominates Wednesday’s front pages.