UK: Reducing Social and Economic Inequalities

UK: Reducing Social and Economic Inequalities

1. Taxation

   • Income tax is calculated as % earnings
   • Richer people pay more than poorer people
   • £10,000 per year (tax free)
   • Basic tax rate = 20% on annual earning above the pay tax threshold and up to £32,010
   • Higher tax rate = 40% on annual earning from £32,011 to £150,000
   • Additional tax rate = 45% on annual earnings above £150,000

2. Laws

   • Minimum wage
   • Discrimination
   • Equal opportunities
   • Protect the civil rights of the poor, but it is money that buys you the defence
   • Do such laws help the society as a whole? or can they act to back fire and disadvantage others? (immigration)

3. Subsidies

   • Children
     • Clothing
     • Free school meals
     • University fees
   • Pensioners
     • Transport
     • Pension
   • Single Parents = free childcare
   • Unemployed = Benefits

4. Education

   • Increased national teaching standards
     • Degree 2:1 or above
     • Skills tests
   • Increased personal health education
     • Citerzenship
     • PSHE
   • Free education for all
   • Does free education match private education