The Telegraph reports:
Almost half of Britons pay no income tax while the richest are now shouldering the biggest burden on record, a new analysis has found.
The Institute for Fiscal Studies said that the proportion of working-age adults who do not pay income tax has risen from 34.3 per cent to 43.8 per cent, equivalent to 30million people.
Over the same period the amount of income tax paid by the richest 1 per cent has risen from 24.4 per cent to 27.5 per cent, meaning that 300,000 people pay more than a quarter of the nation’s income tax.
It is much the same here. Almost half the households pay less in income tax than they get in direct payments such as benefits or child/family tax credits.