As the title suggests why do rich people have to pay more tax than folk who earn less money ?
Why do the super rich have to pay even more again. Aristocricy and 'old' inherited money bags obviously deserve to get hammered ( vive la revolution ...
) . However top show biz stars , footballers , etc, only got to their present position by mostly hard work, dedication and a bit of luck sometimes.
BTW, the idea of this thread isn't intended as a platform for folk to show off how rich, affluent and successful they are, it's just a general, Why ? What was the original reason that differerent tiers of taxation became into being.....
From my own personal point of view when i started my current job i was employed as a 'Mechanic'. When i saw how much more money the engineers got paid i decided to start studying, take some exams and increase my (proffessional) Qualifications to become an 'Engineer'. This took about 3 years of hard graft, all in my own time outside of work. I duly passed all of my exams (and failed plenty along the way) and got promoted & a pay rise.
So if somebody has made the decision to better themselves why should they then have to be punished by paying a higher rate of income tax when they get paid more.
Why do the super rich have to pay even more again. Aristocricy and 'old' inherited money bags obviously deserve to get hammered ( vive la revolution ...

BTW, the idea of this thread isn't intended as a platform for folk to show off how rich, affluent and successful they are, it's just a general, Why ? What was the original reason that differerent tiers of taxation became into being.....
From my own personal point of view when i started my current job i was employed as a 'Mechanic'. When i saw how much more money the engineers got paid i decided to start studying, take some exams and increase my (proffessional) Qualifications to become an 'Engineer'. This took about 3 years of hard graft, all in my own time outside of work. I duly passed all of my exams (and failed plenty along the way) and got promoted & a pay rise.
So if somebody has made the decision to better themselves why should they then have to be punished by paying a higher rate of income tax when they get paid more.