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To be confused by 'high earners' complaining about taxes?

981 replies

tutuland · 10/02/2026 18:25

So high earners pay lots of tax. The top 20% pay for 70% or whatever the numbers are.

But (beyond printing more money) isn't the money there high income people make just coming from the paying public? No matter who you work for, your company's profit is just an accumulation of normal people paying for things.

So ultimately, isn't it all our money anyway? Just beacuse the game is rigged and you get paid 400K for management whatever, it doesn't mean you're more deserving of that money than anyone.

OP posts:
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rainingsnoring · 21/02/2026 10:21

dh280125 · 21/02/2026 03:46

From Wikipedia: A flat tax (short for flat-rate tax) is a tax with a single rate on the taxable amount, after accounting for any deductions or exemptions from the tax base.

That wouldn't work in the UK. Lots of people simply wouldn't be able to afford a higher rate of tax. Wages are low relative to the cost of living.

dh280125 · 21/02/2026 04:16

user1473878824 · 21/02/2026 02:47

Why are you being such an absolute gobshite to everyone?

I think the answer is in your question. They couldn’t even be bothered to research the facts in the post they started this thread with (fyi, the top 10% of income taxpayers pay 60% of all income tax while earning ~35% of total income; the top 1% pay 28% of tax on 13% of income).

They seem to think the economy is a zero sum game, conflating money circulation with value creation, ignore high earners’ outsized contributions, and dismisses market rewards for skill and risk as “rigged” without evidence.

High earners’ pay reflects genuine productivity that grows the economy, not zero-sum extraction from the public. But @tutuland has no real idea how the economy works or where the real systemic unfairness is.

dh280125 · 21/02/2026 04:00

ThisWittySquid · 20/02/2026 09:50

How do hk, Singapore and the gulf states manage with low or even no income taxes?

The Gulf States and Singapore have significant sovereign wealth, but mostly the answer is that there is taxation, it’s just flatter, and welfare is more restrictive and means tested; plus there are significant co-pay and required national saving programs. The UK is also a potentially rich nation, but we have a relatively moribund GDP growth. People think we have a welfare budget issue but actually whatever £ amount we spend, it’s remained roughly 10-11% of GDP over the last decade. Our problem is that GDP isn’t growing enough. We need to address that and recreate a growth economy.

dh280125 · 21/02/2026 03:46

rainingsnoring · 21/02/2026 02:28

Yes, what constitutes 'rich' is subjective.

I don't know what you mean by flat taxes though. Do you mean the same rate across income tax, CGT and all other forms of tax?

From Wikipedia: A flat tax (short for flat-rate tax) is a tax with a single rate on the taxable amount, after accounting for any deductions or exemptions from the tax base.

Tax rate - Wikipedia

https://en.wikipedia.org/wiki/Tax_rate

bingewatchingnetflix · 21/02/2026 03:37

Personally I’m very happy to be one of those higher earners. @tutuland
Every rainy Monday morning, or each panic attack that I pop a beta blocker in my mouth for is so worth it. When I dropped my nine month old baby off at nursery.. to pay extortionate fees and barely make my petrol money back to keep my career going..
All of this makes me so happy to pay for lazy fat arseholes that do nothing.

Some people are in genuine need- I don’t begrudge that. But a lot aren’t and frankly it’s sickening. This attitude that you should be housed and fed whilst contributing nothing to society.

user1473878824 · 21/02/2026 02:47

tutuland · 11/02/2026 23:31

Then dont conflate the issue buy complaining about taxation. Complain about potholes and GP waiting times.

Since you're so good at solving complex problems, with many years of experience, maybe you could apply your experience, intelligence and solutions to fix these issues.

Why are you being such an absolute gobshite to everyone?

rainingsnoring · 21/02/2026 02:40

Mishmosher · 19/02/2026 14:40

It’s not that the UK doesn’t want to tax Amazon ‘better’, they cannot. It’s not legislatively possible for the UK government. And attempts to tax the hyper mobile hyper wealthy has seen REAL evidence of rich people leaving. Not just threats to leave. Actual people leaving. There is a reason why the non dom tax changes were watered down.

Labour are a left wing party. They want to rinse the rich for as much as they possibly can while maximising the UK tax take, and they are doing so. It’s an extremely thin tightrope for them to walk, and they are trying to do so as best as possible.

If you know better than Rachel Reeves, I’m sure she’ll appreciate your input!

Labour haven't been a left wing party for decades. They also aren't rinsing the rich at all (unless you are talking about middle class on higher incomes). Blackrock CEO, Larry Fink had a meeting with Keir Starmer!

Notatallanamechange · 21/02/2026 02:30

Probs missed it - what’s the OP’s job and salary?

rainingsnoring · 21/02/2026 02:28

dh280125 · 19/02/2026 10:28

"I don't think that those on £100,000 are 'the rich' though and the tax rate at that level, espcially for those with student loans to pay, are ridicuous."

That's a fundamental issue. To some that is indeed rich. Or 80K is. Or 150K. Who get's to decide? It's subjective. That's why flat taxes are much fairer. Removes questions like that. If you earn more, you pay more. Everyone pays based on their income. No one is taxed twice on the same money.

Yes, what constitutes 'rich' is subjective.

I don't know what you mean by flat taxes though. Do you mean the same rate across income tax, CGT and all other forms of tax?

rainingsnoring · 21/02/2026 02:22

ThisWittySquid · 20/02/2026 09:50

How do hk, Singapore and the gulf states manage with low or even no income taxes?

You can't compare the UK to those countries. The Gulf States have obviously survived very well on their oil for a long time. Singapore and HK are very small, with very wealthy populations, much better managed over many decades and a completely different social structure.

ThisOldThang · 20/02/2026 22:04

Mishmosher · 19/02/2026 14:40

It’s not that the UK doesn’t want to tax Amazon ‘better’, they cannot. It’s not legislatively possible for the UK government. And attempts to tax the hyper mobile hyper wealthy has seen REAL evidence of rich people leaving. Not just threats to leave. Actual people leaving. There is a reason why the non dom tax changes were watered down.

Labour are a left wing party. They want to rinse the rich for as much as they possibly can while maximising the UK tax take, and they are doing so. It’s an extremely thin tightrope for them to walk, and they are trying to do so as best as possible.

If you know better than Rachel Reeves, I’m sure she’ll appreciate your input!

It is possible, but we'd need to fully leave the EU.

EU rules allow complex accounting systems where fees are paid to another part of the same company for intellectual property (e.g. Starbucks UK pays 'Starbucks brand' a royalty fee that wipes out the UK profits and consequent tax liability). The Netherlands has a zero percent tax rate for intellectual property profits, so all the money moves through their system of expensive specialist accountants, who they tax instead.

Are you willing to fully leave the EU on a 'no deal' Brexit basis?

nearlylovemyusername · 20/02/2026 12:11

persephonia · 20/02/2026 12:09

The Gulf states (UAE, SA) do. It is completely Cradle to grave. However, they do it wil oil money. Its basically like getting an infinite money cheat code in SIM city.

Like you say, for gulf it's funded by oil and provided to citizens only and there are very few of them. Most of the work is done by immigrants who generally don't have access to welfare.

persephonia · 20/02/2026 12:09

nearlylovemyusername · 20/02/2026 12:07

None of these countries have welfare state.

The Gulf states (UAE, SA) do. It is completely Cradle to grave. However, they do it wil oil money. Its basically like getting an infinite money cheat code in SIM city.

nearlylovemyusername · 20/02/2026 12:07

ThisWittySquid · 20/02/2026 09:50

How do hk, Singapore and the gulf states manage with low or even no income taxes?

None of these countries have welfare state.

ThisWittySquid · 20/02/2026 09:50

How do hk, Singapore and the gulf states manage with low or even no income taxes?

Mishmosher · 20/02/2026 09:46

This Is indeed the case. I earn highly. I am taxed highly. I want better public services. You’re not going to get that by taxing the mythical ‘wealthy’ or mythical ‘tax evading multinationals’. Thats just utter nonsense. Doing these things is just going to make the country poorer. There is no magic money tree out there to save us.

If we want better public services we have to look at how the welfare bill is sucking all the money from other public budgets. And look at raising taxes for EVERYONE rather than just a small cohort of already highly taxed people.

dh280125 · 20/02/2026 09:40

MissConductUS · 20/02/2026 00:10

The new issue of The Economist has an in-depth analysis of why wealth taxes and increasing tax rates on very high-income people don't work and are counterproductive.

https://www.economist.com/leaders/2026/02/19/dont-go-after-the-rich-to-fix-broken-budgets?giftId=NTYxOWY5N2MtOWY0NS00MGM4LTg3YmItM2ZhZjk2MmYyNzI4&utm_campaign=gifted_article

Thanks for sharing. Could not have put it better.

MissConductUS · 20/02/2026 00:10

The new issue of The Economist has an in-depth analysis of why wealth taxes and increasing tax rates on very high-income people don't work and are counterproductive.

https://www.economist.com/leaders/2026/02/19/dont-go-after-the-rich-to-fix-broken-budgets?giftId=NTYxOWY5N2MtOWY0NS00MGM4LTg3YmItM2ZhZjk2MmYyNzI4&utm_campaign=gifted_article

ThisWittySquid · 19/02/2026 15:11

Mishmosher · 19/02/2026 15:02

The Directors of a company have a DUTY to maximise profits for shareholders. It is their job. They make decisions with the aim of maximising shareholder duty. If they made decisions to maximise UK tax they would be failing to do their job.

Can think why people would not minimise tax liability when they can.

Mishmosher · 19/02/2026 15:02

ThisWittySquid · 19/02/2026 14:42

I think they already pay billions in the UK anyway.

I don't see any evil in shareholders profiting. My pension is invested in shares. Amazon doesn't even pay dividends. The only way shareholders benefit is if the money is reinvested and fuels growth.

The Directors of a company have a DUTY to maximise profits for shareholders. It is their job. They make decisions with the aim of maximising shareholder duty. If they made decisions to maximise UK tax they would be failing to do their job.

ThisWittySquid · 19/02/2026 14:42

bananafake · 19/02/2026 13:58

We get that. The PP was making the point that they shouldn’t be able to shop around for ‘the most favourable tax rate’. They should be paying tax in the region in which they supply the goods/services. They benefit from the structural facilities of that country and the market available in terms of customers so they should have to pay tax to support that infrastructure and their contribution towards that country’s economy in return for their access to the markets.

They may massively invest in growth but they also maximise their profits to benefit their shareholders.

It’s like the mirage of the trickle down effect. It doesn’t happen. People continue to work harder for less and billionaires keep paying themselves more and more.

I think they already pay billions in the UK anyway.

I don't see any evil in shareholders profiting. My pension is invested in shares. Amazon doesn't even pay dividends. The only way shareholders benefit is if the money is reinvested and fuels growth.

Mishmosher · 19/02/2026 14:40

persephonia · 18/02/2026 21:34

I agree!!!
Amazon and the big businesses definitely need to be taxed more/taxed better. That is why I was careful to specify a "well run" system. The system we have is deeply imperfect and scared to tax the very rich (Amazon etc) because they can up sticks and move or afford the money to spend on expensive tax lawyers and avoiding practices! Also, to be frank, the very rich can afford to lobby government to reduce their taxes and can afford newspapers that argue that any attempt to tax the rich will destroy the country. It is true that the richer people are the more mobile their liquid assets are and done badly taxing the rich could be counterproductive. But I still think that it's worth trying to tax wealth (which is harder to move around as it's normally in the form of houses) or to tax very large international businesses at the points they are making profit.

The problem with that is, anyone who tries to effectively tax the very wealthy and mega businesses will then get a barrage of headlines from the media (owned by multimillionaires and billionaires) that they are destroying the country/attacking regular people. Which will affect how those regular people vote. So it's actually more politically sound for the government to tax the middle and normal people or to put the blame on people on benefits for costing to much. Because people in the middle (PAYE tax payers or normal business owners) and people on benefits will both be consuming traditional media or new media like X/TikTok/Facebook.

It’s not that the UK doesn’t want to tax Amazon ‘better’, they cannot. It’s not legislatively possible for the UK government. And attempts to tax the hyper mobile hyper wealthy has seen REAL evidence of rich people leaving. Not just threats to leave. Actual people leaving. There is a reason why the non dom tax changes were watered down.

Labour are a left wing party. They want to rinse the rich for as much as they possibly can while maximising the UK tax take, and they are doing so. It’s an extremely thin tightrope for them to walk, and they are trying to do so as best as possible.

If you know better than Rachel Reeves, I’m sure she’ll appreciate your input!

dh280125 · 19/02/2026 14:15

bananafake · 19/02/2026 13:58

We get that. The PP was making the point that they shouldn’t be able to shop around for ‘the most favourable tax rate’. They should be paying tax in the region in which they supply the goods/services. They benefit from the structural facilities of that country and the market available in terms of customers so they should have to pay tax to support that infrastructure and their contribution towards that country’s economy in return for their access to the markets.

They may massively invest in growth but they also maximise their profits to benefit their shareholders.

It’s like the mirage of the trickle down effect. It doesn’t happen. People continue to work harder for less and billionaires keep paying themselves more and more.

Why? What is the relevance of tax collection from them? Why is that rake of $$ how they are judged? Our own govt says Amazon has created over 75,000 permanent jobs in the UK as of 2025, making it one of the top 10 private sector employers. The company supports over 200,000 additional jobs through its supply chain, with significant investments—including £40bn pledged by 2027—aimed at boosting local economies and infrastructure. That doesn't count? Tax is one piece of an overall economy. Getting hung up on it is just missing the big picture. Much of the financial system of offshoring, shell companies etc is a British invention. We did it to attract business into our finance industries. It has worked remarkably well. Ireland tried something like it and created the "tiger" boom as businesses located there creating huge numbers of jobs and wealth, but not tax. The EU stepped in and killed it, a blow from which Ireland has not, and may not ever, recover.

bananafake · 19/02/2026 13:58

dh280125 · 19/02/2026 10:31

"Amazon and the big businesses definitely need to be taxed more/taxed better."

I'm not sure you get why Amazon and their ilk are taxed so low. Some part of it is because they operate in multiple tax domains and can pay in the most favourable by structuring their business. That, overall, benefits the UK. Our financial system is built on servicing people moving money around.

But a large part of it is that they massively invest in growth to have minimal taxable profits. That's what creates huge numbers of jobs both at Amazon (warehouses) and in their service chain (delivery companies). Never mind all the small businesses that use them as a sales platform.

We get that. The PP was making the point that they shouldn’t be able to shop around for ‘the most favourable tax rate’. They should be paying tax in the region in which they supply the goods/services. They benefit from the structural facilities of that country and the market available in terms of customers so they should have to pay tax to support that infrastructure and their contribution towards that country’s economy in return for their access to the markets.

They may massively invest in growth but they also maximise their profits to benefit their shareholders.

It’s like the mirage of the trickle down effect. It doesn’t happen. People continue to work harder for less and billionaires keep paying themselves more and more.

ThisWittySquid · 19/02/2026 13:38

dh280125 · 19/02/2026 10:31

"Amazon and the big businesses definitely need to be taxed more/taxed better."

I'm not sure you get why Amazon and their ilk are taxed so low. Some part of it is because they operate in multiple tax domains and can pay in the most favourable by structuring their business. That, overall, benefits the UK. Our financial system is built on servicing people moving money around.

But a large part of it is that they massively invest in growth to have minimal taxable profits. That's what creates huge numbers of jobs both at Amazon (warehouses) and in their service chain (delivery companies). Never mind all the small businesses that use them as a sales platform.

I agree with you! They invest so much in R&D