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@ftedit.ft.com

Tax the rich, goes the cry. But Britain's £100,000 cliff edge disincentivises work, penalises ambition and can leave some parents facing effective marginal rates of over 2,000%. And what counts as rich anyway? Today's Big Read is on #FTEdit 👉 ft.trib.al/UFKYs3f Take the poll 🗳️ ft.trib.al/y6Hk5jw

Prof Maja Korica

@drkorica.bsky.social

"Tax the rich" = tax extreme wealth. No one in their right mind is talking about *incomes*, as that is not what drives extreme inequalities.

FT Edit

@ftedit.ft.com

We're aware! Used here as a rhetorical device only, but apologies for any confusion.

20/10/26, 12:33 pm0 reposts1 like

Prof Maja Korica

@drkorica.bsky.social

Thank you for your reply! Just wanted to make the point as I've already seen people conflating things and using the article to post 'woe is me' reactions re those with 100k incomes, which I don't think addresses the real issue of wealth inequalities.