Robert D;296225 wrote:Higher taxes or closing tax loopholes on the wealthy - yes. Sunak's tax returns last week showed he paid a 22.8% tax rate on earnings of £2.3 million. There are many thousands like him. How is that fair on ordinary middle income 40% tax payers?
Sunak paid up to 45% on his salary and interest, and 37.5% on his dividends, i.e.
more than "ordinary middle income 40% tax payers" pay on their income. He also paid the same capital gains tax rate as "ordinary middle income 40% tax payers" do if they have capital gains.
(It's all there in the same data from which you calculated 22.8%.)