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Many people opt for off-shore bonds (which have a number of advantages) which means paying normal tax instead of capital gains, so the capital gains figure doesn't really capture investment as a whole.
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it is also because if one excludes real estate holdings, people in the uk are actually not that wealthy

39% of UK population pay tax 82% of those people earn less than £50k

the other 61% of the country just sit around and consume money. tbh its not that bad, being an unemployed bodybuilder or alcoholic in wales on the dole beats making £100k in london and paying 71% income tax.

its almost a form of cuckoldery, you work in the city like a dog for hsbc, to pay for refugees and layabouts to sit around at gregs and spoons, and then said layabouts build startups and leave the country

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Your entire comment is filled with false claims and figures.

In 2025-26 there are an estimated 39.1 million people paying income tax - 56.0% of the population [1]. Of course, in the last census, 20.7% of the population were children [2]. About 3.1% of the population are UK students in University education [3], and about 18.6% of the population are retired [4]. I've also missed all the 18-year-olds in their final year of school, which is roughly 1.1 million or 1.6% of the population [5]. About 8.8 million, or 12.6%, are pensioners who pay income tax that I have double counted, usually due to private pensions and other sources of income [6].

Totally these numbers gives a rough estimate that suggest only about 12.6% of working age people do not pay income tax. This is in line with the government's own statistics putting those claiming Universal Credit at 10.6% of the population [7], or those economically inactive at 12.9% [8]. This is wildly different to your implication that 61% of people are too lazy to work.

Unemployment, which is roughly defined as those out of work who are actively looking for work, is at 5.2% [9], which it is worth noting is slightly below the EU and Euro area average of 5.9% and 6.2% respectively [10]. Direct comparisons are difficult to make, but it is certainly indicative of the UK falling within what is considered a healthy range.

Furthermore, take-home pay on a £100,000 salary is £68,561 [11], giving an effective income tax of 31.4% - far below your claim of 71%. True, there is the so-called "£100k tax trap" which gradually reduces your tax-free allowance above this salary. But this still gives just a 37.6% tax on £125,000, or 41.1% on £200,000. You may consider these to be high, but they are far, far below your claim of 71% income tax.

[1] https://www.gov.uk/government/statistics/income-tax-liabilit...

[2] https://www.ethnicity-facts-figures.service.gov.uk/uk-popula...

[3] https://www.universitiesuk.ac.uk/latest/insights-and-analysi...

[4] https://www.gov.uk/government/statistics/dwp-benefits-statis...

[5] https://www.gov.uk/government/publications/infographics-leve...

[6] https://www.ftadviser.com/content/291a4ce0-9287-4118-849b-ff...

[7] https://www.gov.uk/government/statistics/dwp-benefits-statis...

[8] https://www.ons.gov.uk/employmentandlabourmarket/peoplenotin...

[9] https://www.ons.gov.uk/employmentandlabourmarket/peoplenotin...

[10] https://ec.europa.eu/eurostat/statistics-explained/index.php...

[11] https://www.gov.uk/estimate-income-tax

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I think the reason behind this is that the UK NHS is using a lot of budget on long-term ill people who they believe aren't really long-term ill, or who at least could be working. Essentially, they feel they can't trust their employees and want LLMs to do it instead.

So they want LLMs to look at all the files, and essentially kick a lot such people off the NHS. That's what they're paying for.

In other words they want to "Elon Musk the NHS, DOGE-style".

This is, of course, highly illegal to do. There is no way giving medical data to a US consultancy does not violate UK and EU law something awful. The government knows this, does it anyway. Which is one reason you won't be able to do anything about this: the government has zero intention to respect the law in this case. You will, of course, be expected to pay your taxes correctly.

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More like 40% effective tax rate at £100k, even including employer side of things?
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> paying 71% income tax

Do you have a citation for this? I'm interested in how this figure was extracted from where it came.

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I think they're confused/disingenuous and talking about the _marginal_ tax rate at 100k.

There's a segment of a few thousand pounds where your marginal tax rate skyrockets because you lose your tax free allowance at that income level.

It's stupid, annoying and has some minor economic effects, but it's very different from a 71% income tax rate.

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