Interesting that while C, courageously and as civilised as ever, takes up the baton to politely discuss the evidence with me, B himself, who came up with the assertion and said that all us lefties must agree with it as no-one had disputed said assertion thus far, is no where to be seen now I've spent an hour going through a dozen or more sets of figures and have proved that he's speaking complete bøllocks.
Strange, that.
I wonder if me having all the tabs still open and being able to screengrab the graphs in seconds to support my data has anything to do with it?
Yes. But the rate was introduce in the war, reduced slightly afterwards and kept at that level.
Think. If Wilson had suddenly whacked it up in '64, then the Beatles wouldn't be singing that Wilson and Heath were the same, would they?
Simple Primary Source analysis.
Here, if you don't believe me:
The highest rate of income tax peaked in the Second World War at 99.25%. It was then slightly reduced and was around 90% through the 1950s and 60s.
In 1971 the top rate of income tax on earned income was cut to 75%. A surcharge of 15% kept the top rate on investment income at 90%.[17] In 1974 the cut was partly reversed and the top rate on earned income was raised to 83%
Thus, the Sainted C is wrong to blame that 95% tax rate on the Labour govt. Then inherited it in 1964 and kept it the same for their whole 6 years in power.
The point is that whatever statistics anyone wants to throw at the matter won’t change the reality that socialism always ends with poor *******s having their testes coshed. Because it never, ever works. It’s a system that fails to take into account, or care about, basic human wualities like responsibility, ambition, compassion and decency. The only way it can be implemented is via coercion.
To add insult to injury, after you’ve suffered the gulags and the electrodes, you end up having to eat your pets. :venezuela:
'Seems that I was busy doing something close to nothing
But different than the day before'
'Met a dwarf that was no good, dressed like Little Red Riding Hood'
'Now you're unemployed, all non-void
Walkin' round like you're Pretty Boy Floyd'
Not necessarily.
Illiteracy rates:
2006 13.0%, 2018 2.4%
Unemployment rates
2006 9.2%, 2018 4.1%
Moderate poverty rates
2006 60.6%, 2018 34.6%
Extreme poverty rates
2006 38.2%, 2018 15.2%
#Bolivia
It's ok, though. Fascist death squads will soon be doing again what they always do in Latin America and making it free for the local oligarchs and US corporations to crush the poor and dine on their, erm, precious bodily fluids. And nick all the lithium, obviously.