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Nicely Nicely Jones
nicelynicelyjones.bsky.social
did:plc:nzrladpfcp7adk5gutph25za
Great analysis. But I fear there is a significant omission. For most of the top end, only a relatively small proportion of their actual income is taxed. Tax avoidance through schemes, trusts, loans, putative investment loss and offshore monies mean that their true marginal tax rates are very low.
2025-08-25T10:48:40.268Z