Birdwatch Note Rating
2023-08-06 13:09:07 UTC - HELPFUL
Rated by Participant: 4F2AC97020983C030210401160BFB1821D47DD5D07F37BCDE57308C5BCF8572A
Participant Details
Original Note:
This post conflates net worth/wealth (which doesn’t get taxed and is often held in assets, like one’s house) with income (which does get taxed). https://www.ramseysolutions.com/retirement/income-vs-networth Sunak earned a total of £4.766m in 2019/20, 2020/21 & 2021/22 and paid a total of £1.053m in tax - an effective tax rate of 22%. https://news.sky.com/story/rishi-sunak-releases-tax-return-details-showing-income-while-chancellor-and-prime-minister-12840264
All Note Details