I'm probably woefully late to this, but Boo's original example (on the first page) of £12k versus £60k just feels unfair.
The tax free level is £9440. If someone was earning £9440 they'd pay no tax (according to http://www.listentotaxman.com/) meaning any increase in wage could be compared as paying infinity times more tax. £12 is pretty close to that tax free level.
Argument against this approach to tax begs the question of how would you fix the imbalance - and considering how much of the £12k earner's wage is tax free, the only answer would seem to be to make them pay more tax, thus balancing out with the higher earner. Doesn't sound like it helps much.
Anyway, carry on.
Edited by binster at 23:10:10 24-09-2013
#9865342, By binster Ed Miliband the next PM for the United Kingdom
binster 568 posts
Seen 11 hours ago
Registered 8 years ago