The Caithness Business Index has posted the following article:

Why Are We Giving The Rich Benefits?

The UK's wealthiest people get an average of more than £8,000 a year in total tax reliefs on their pension contributions - which is as much as some pensioners get from the state and vastly more than Universal Credit permits. Why do we have a tax system that so heavily subsidies the wealthy when so many live in poverty? ABOUT RICHARD MURPHY Richard Murphy is Professor of Accounting Practice at Sheffield University Management School. [Read Full Article]