Alan Sugar puts his foot in it again, with an attack on Corbyn that fails basic maths

Alan Sugar and Jeremy Corbyn
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Alan Sugar has been trying to land a political punch on Jeremy Corbyn for a while. Last week, Sugar got confused while trying to bash the Labour leader and ended up promoting a socialist approach.

Face to palm

But the Apprentice host put his foot in it again, with a political attack that misunderstands how tax works:

 

Read on...

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People quickly pointed out how income tax actually works:

Labour’s real tax plans

Labour would introduce a tax rate of 45% for those earning above £80,000. And the top rate would be 50% for people earning more than £125,000 annually. So for example, on top of the tax paid on earnings below £125,000, Labour’s top rate would equate to £37,500 for somebody on £200,000. Because that is 50% of the money they’ve earned that is above £125,000.

These changes would only impact the richest in the UK. In fact, Labour has exempted 95% of the public from any tax increases.

“Feel free to charge him whatever you like”

On social media, many others simply laughed at Sugar:

“Utter shambles”

A number of onlookers couldn’t believe that the billionaire was an adviser to Labour, and still sits in the House of Lords:

One coffee, no sugar please

Others suggested that the post revealed Sugar’s motives:

In other news, Sugar has pledged again to leave the UK if Corbyn becomes prime minister. Along with Labour’s modest tax increases that only impact the top 5%, this could make quite a good campaign leaflet for the opposition party.

Featured image via YouTube – Good Morning Britain / YouTube – Sky News

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