Rich Still Not Paying Enough

Darling soaks the rich and the rest of us too is the headline in The Guardian.

Soak the rich – don’t make me laugh, take National Insurance for instance

Everybody earning more than £20,000 would be affected by a half a percentage point increase in NI from April 2011.The rise will cost a worker on the average UK income of £25,000 a year an extra £4 a week. Larry Elliott and Patrick Wintour, The Guardian.

If Darling’s soaking the rich then why do earnings over around £43,000 attract a rate of just 1% and not the 11% that most of us pay? Now is surely the time to correct this anomaly

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