Rishi Sunak paid effective tax rate of 23% on £2.2m income last year
Rishi Sunak, the UK Chancellor of the Exchequer, has recently come under scrutiny for paying an effective tax rate of 23% on his £2.2 million income last year. Many have expressed their opinions on this matter, with some arguing that it is a fair rate, while others believe it is too low for someone in his position. As an American, I find it interesting to compare the tax rates of politicians in different countries.
In the United States, politicians often pay significantly lower tax rates than the average citizen. It is not uncommon for wealthy individuals to take advantage of various loopholes and deductions to minimize their tax burden.… Continue reading
John Q. Hosedrinker 
Matt Underwood