Is this why News Int’l doesn’t like 50p tax?
Media Monkey at the Guardian:
Can this really be true? Monkey was accosted by a weary Wapping insider at the British Press Awards to be told that there were – apparently – 100 journalists across all News International’s London titles paid more than £100,000 a year. Oh, and half of those were on the Times, a statistic not so popular at the other three papers.
Sadly few names of the big earners were forthcoming but expect a lot of enthusiasm for the scrapping of the 50% tax rate for those high earners on the Times’s leader page.
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Sunny Hundal is editor of LC. Also: on Twitter, at Pickled Politics and Guardian CIF.
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Reader comments
No shit Sherlock…
This is why ideas like a ‘mansion tax’ will come in for all manner of vitriol in most of the press
% of population likely to be affected by a mansion tax 2-5%
% of newspaper editors and columnists likely to be affected by a mansion tax 80-100%
(all figures complete guesswork but shouldn’t be far off methinks)
This is precisely why the whole political landscape is so distorted in this country: 95% of ‘opinion-formers’ in the politics/media bubble – MPs, leader writers etc – are in the top 5% of the income distribution. They are people who would welcome tax cuts, but who aren’t really affected by spending cuts (because they don’t rely on public services and benefits).
It’s also worth pointing out that they are also the most stupid elements of the elite (well outside of the financial press). Hence the continued media bias towards counter-productive policies that do more harm to the rest of the elite than anything.
@2
Spot-on.
Doesn’t the 50% rate kick in at 150 grand, not 100?
It was the same with the removal of child benefit from higher-rate taxpayers, only more so because there are more journalists affected.
@ 2
I’d just like to second Mrs Pill’s “spot-on” too!
Reactions: Twitter, blogs
- Liberal Conspiracy
Is this why News International doesn't like the 50px tax rate? http://bit.ly/dJp8JA
- Danny Saxby
RT @libcon: Is this why News International doesn't like the 50px tax rate? http://bit.ly/dJp8JA
- John Symons
RT @libcon: Is this why News International doesn't like the 50px tax rate? http://bit.ly/dJp8JA
- Mark Martin
RT @libcon: Is this why News International doesn't like the 50px tax rate? http://bit.ly/dJp8JA
- Humanitas
Is this why News International doesn’t like the 50px tax rate? http://bit.ly/eEotXF
- Mili
100 News International journalists earn over £100k? No wonder Times has it in for the 50p tax rate. http://goo.gl/h3bgq
- Niklas Smith
RT @elmyra: 100 News International journalists earn over £100k? No wonder Times has it in for the 50p tax rate. http://goo.gl/h3bgq
- Jon
RT @elmyra: 100 News International journalists earn over £100k? No wonder Times has it in for the 50p tax rate. http://goo.gl/h3bgq
- Collis Gretton
Is this why News Int’l doesn’t like 50p tax? | Liberal Conspiracy http://t.co/zrZNZ04 via @libcon
- Liberal Ideals
Is this why News Int'l doesn't like 50p tax? | Liberal Conspiracy: RT @elmyra: 100 News International journalist… http://bit.ly/gBKDea
- Pucci Dellanno
RT @libcon: Is this why News International doesn't like the 50px tax rate? http://bit.ly/dJp8JA
- Daniel Pitt
Is this why News International doesn't like the 50px tax rate? http://bit.ly/dJp8JA #Murdochracy #Murdochfail
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