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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsRichest Woman in England Admits: Welfare Made Her a Billionaire! Also: Other Billionaires pay no tax
Among the 54 billionaires resident in 2006 (the most up-to-date figures) a total of £14.7m was paid in tax. Mr Dyson alone paid £9m of that. In 2010, Dyson's company paid 88 per cent of its total tax bill in Britain, giving the Exchequer £50m.
Rowling has eloquently described why she feels compelled to pay her full taxes as a UK resident. "I chose to remain a domiciled taxpayer for a couple of reasons," she said.
"The main one was that I wanted my children to grow up where I grew up, to have proper roots in a culture as old and magnificent as Britain's; to be citizens, with everything that implies, of a real country, not free-floating expats, living in the limbo of some tax haven and associating only with the children of similarly greedy tax exiles.
"A second reason was that I am indebted to the welfare state... When my life hit rock bottom, that safety net, threadbare though it had become under John Major, was there to break the fall."
Rowling has eloquently described why she feels compelled to pay her full taxes as a UK resident. "I chose to remain a domiciled taxpayer for a couple of reasons," she said.
"The main one was that I wanted my children to grow up where I grew up, to have proper roots in a culture as old and magnificent as Britain's; to be citizens, with everything that implies, of a real country, not free-floating expats, living in the limbo of some tax haven and associating only with the children of similarly greedy tax exiles.
"A second reason was that I am indebted to the welfare state... When my life hit rock bottom, that safety net, threadbare though it had become under John Major, was there to break the fall."
http://www.independent.co.uk/news/uk/home-news/the-billionaires-who-do-pay-their-bills-including-james-dyson-and-jk-rowling-7873607.html#
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Richest Woman in England Admits: Welfare Made Her a Billionaire! Also: Other Billionaires pay no tax (Original Post)
grahamhgreen
May 2014
OP
And AFAIK, unlike Take That, she has not participated in dubious tax avoidance schemes (nt)
Nye Bevan
May 2014
#5
I expect a case of the rich murdering one of their own for being a traitor to their class.
Spitfire of ATJ
May 2014
#8
DonCoquixote
(13,616 posts)1. This lady is much more representative of English nobilty
Than Elizabeth or Diana ever could be.
Gormy Cuss
(30,884 posts)2. I'm not a billionaire but I feel the same way about paying taxes.
I don't begrudge the taxes taken out of my earnings to pay for the social safety net. If anything, I wish that more tax money went in that direction.
grahamhgreen
(15,741 posts)12. I consider it an investment in our most valuable resource - our people:)
warrior1
(12,325 posts)3. Bless their hearts
I sincerely mean that.
LeftishBrit
(41,205 posts)4. k&r
Often people, who are fortunate enough to move from 'rags to riches', think that it's entirely due to their own merit and hard work, and if other people don't also get rich, it's their own fault. Good for Rowling for not pulling up the ladder under her!
Nye Bevan
(25,406 posts)5. And AFAIK, unlike Take That, she has not participated in dubious tax avoidance schemes (nt)
sulphurdunn
(6,891 posts)6. Taxes are the price
civilized people to pay to stand on the porch rather than hide behind the door.
grahamhgreen
(15,741 posts)7. Nice catch phrase!
Spitfire of ATJ
(32,723 posts)8. I expect a case of the rich murdering one of their own for being a traitor to their class.
dbackjon
(6,578 posts)9. Another reason to love Rowling
Ilsa
(61,695 posts)10. Another reason to buy her next novel
To be published this summer under her pseudonym Robert Galbraith about the detective Cormoran Strike.
AngryAmish
(25,704 posts)11. That turd-handling Queen is richer
And people fall over themselves to worship her.
At least Rowling has done something with her life.
FSogol
(45,485 posts)13. and unlike Rowling, is still on welfare.