Notes & Queries response - Why do we pay twice as much tax on earned income than on unearned income?
Why do we pay twice as much tax on earned income than on unearned income? image generated by Craiyon “Oh, I remember the meeting,” waxed Gordon Pimm. “They hold them every seventy years. It's where everything gets pushed into the middle of the table. Then they decide what the treasury gets and what the church gets. By 'they' I mean the ministers and the bishops.” “You must have been about five,” scoffed Joseph Noakes. “I'll have you know I was thirteen, and the illegitimate offspring of the incumbent priest at the church of St Genesius the Martyr, and his housekeeper,” said Pimm. “I served the tea and biscuits at the meeting. And, before you ask, I was old enough to know the significance of what was being discussed.” “I am very surprised they even let you in the room,” said Noakes. “I was press-ganged into the clergy at an early age, in hindsight as an atonement for the actions of my father's prodigal member.” “More like a human sacrifice,” murmured John Furniss. “I...