Here's a nice simple diagram to explain the general idea...

Which originally appeared somewhere on this site :

Daily Mail under-estimates how much tax Mr & Mrs Average pay: Shock

Via BobE, from Mail Online : When most people think about tax, they think of income tax. This, largely, is taken directly from your pay each...

Idiots who know nothing about basic maths and logic

Apparently the whole "ten pence starting rate of tax" debate has resurfaced again, Tory back benchers are in favour; Labour fron...

"The extreme geography of income wealth"

To continue the theme of the previous post ( via City AM ) HMRC's Table 2.5 gives a breakdown of Income tax liabilities by income range...

Wake up and smell.

From The Telegraph , January 2013: His comments followed David Cameron’s pledge to crack down on avoidance, some of which the Prime Minister...

We shall boldly go looking for those profits that Not Red Ed's whizzo scheme promised

Spotted by Bob E in The Guardian : 17 companies said the way in which changes to the subsidies were handled was disastrous for their busines...

Richard Murphy nearly gets it

Although Mr M was one of the people putting about the myth that There is $21 trillion hidden in tax havens , common sense appears to have pr...

That French 75% income tax rate

The way in which people respond, while probably exaggerated by the likes of The Daily Mail , is as expected: French millionaire composer Jea...

"Car pollution, noise and accidents cost every EU citizen £600 a year'"

Emailed in by David C, from The Guardian : The perennial complaint from drivers that they are excessively taxed has been challenged by a stu...

Queen's Christmas Message Hails Taxpaying Stars

From the BBC The Queen is to pay tribute to the nation's taxpayers in her Christmas broadcast. She will hail the "splendid year of ...

Authoritarians missing their own point, as per usual

Spotted by Bob E in The Telegraph : The Bill for Welfare Cash Card is designed to stop welfare claimants buying what Shelbrooke deems “NEDD”...

Killer Arguments Against LVT, Not (290)

We've got ourselves a real f-ing smart arse over at Liberal Conspiracy : ... the poorest still have to pay rent don’t they? And who do y...

"Blind auction"

From a recent FT : JP Morgan is nearing a settlement with the UK government in which the US bank and its employees could pay close to £500m ...

Costa Coffee v Starbucks - a totally misleading comparison

From the BBC : Starbucks' announcement [that it will 'voluntarily' pay £10 million corporation tax in the UK each year] comes af...

Reader's Letter Of The Day (2)

From the FT : Sir, In “Learn from the Moguls: rent-seeking will destroy your empire” (November 21) John Kay did not need to refer to a fore...

This is the sort of crap spouted by idiots who have never heard of "Double Tax Treaties"

Arch Home-Owner-Ist and all round corporate shill Allister Heath : Writing in the Telegraph , Heath calls the current system of business tax...

Well duh

From The Guardian 2 July 2010 : The evaluation concludes that, since the law [which makes it a criminal offence to pay for sex in Sweden] ca...