I got my tax code for 2023/2024 in the post this week.

It's quite historic. Because the Chancellor froze basic tax allowance at £12,750 (again), it no longer covers my state pension (which went up by 10.1% index linked).

Still I musn't complain. As long as the bankers got their tax breaks on their pension contributions, that's all that really matters, isn't it?
For the Few, not the Many... Doing my bit to help the rich get richer.
#Budget
#RegressiveTaxation
#Inequality

This feels like a circular firing squad forming. Sounds good to me: “Forcing the discussion of the unpopular tax puts the GOP in a political bind that seems doomed to repeat itself for the House's slim majority. McCarthy must walk a tightrope between appeasing the renegade factions of his caucus and disassociating the party from policy proposals that could hurt Republicans at the ballot box.”

#Politics #Taxes #RegressiveTaxation #GQPClownShow

https://apple.news/AExlAoMToQ0eSJ-OzYt7_Gg

@scott "Fare-free transit just makes sense" Couldn't agree more.

Also, please remember to provide transportation services for poor, rural communities. Poor rural folk are asked to pay taxes for projects they will never benefit from while living in public service deserts.

#RuralPoor #RegressiveTaxation #UniversalServices

#paternalism #regressivetaxation