How much do you have to earn to be rich? £70,000, says Labour

John McDonnell’s definition of rich people has angered some, but he is backed by the statistics

Are you rich if you earn £70,000? According to the Labour MP John McDonnell, you are. And that contention made some people very angry.

In an interview on the Today programme (from 1:15:30) on BBC Radio 4, McDonnell set out his vision of a “fair taxation system”. He said Labour would be “looking to the corporations and to the rich to pay their share”.

Continue reading…

Powered by WPeMatico

Up right now © 2017 All Rights Reserved