by Laurent GUERBY
Sat May 19th, 2007 at 09:23:08 AM EST
Who pays more tax relative to revenue in the UK, first decile of income or last decile?
Answer via Chris Dillow who quotes this National Statistics report (PDF).
The important piece is table 16:
First income decile member has in average 9417 pounds of income and pays 907+3242=4149 pounds in taxes: 44% tax rate.
Last income decile member has in average 96504 pounds of income and pays 9046+24770=33816 pounds in taxes: 35% tax rate.
If you count "benefits in kind" as income, 97% of it being Education and NHS, the figure changes to 24.5% of total income for first decile (+7495 pounds of income) and 33.8% of total income for the last decile (+3424 pounds of income).
That says a lot about the motives of education and NHS would be privatizers.
Note: this is for non-retired households. And thanks to someone for pointing out I used the wrong column (didn't change ranking though :)