John Roughan asks:
“Nearly half of all personal tax revenue is contributed by just 10 per cent of us. Is this socially healthy?”
To which I reply:
“That 10% get 34% of the country’s income and own 52% of the country’s wealth, compared to the 50% who get 16% of the country’s income and own just 3% of the county’s wealth. Is this socially healthy?”
We live in a horrifically unequal society. Taxation to pay for distributive public services goes a small way to relieving that inequity. It’s the price the elite pay to maintain capitalism, a socio-economic system that lets them control the lion’s share of the wealth.