Property News · April 19, 2017

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 statisticsAre 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…

Source : theguardian.com
Read more…How much do you have to earn to be rich? £70,000, says Labour

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