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GTM Research says 66% of home solar setups are owned by someone other than the homeowner — which usually means they are leased.
Home solar companies like Solar City and Sunrun market leases as an alternative to electric bills.
And wealth is a far more unequally distributed than income, with the luckiest tenth owning almost half of all the assets. In Britain, everyone seems to think of themselves as middle class, whether they’re earning hundreds of thousands of pounds a year or taking home barely more than the minimum wage.The most recent data from HMRC shows that the median average pre-tax income is around £22,400.An income of over £70,000 a year will actually put you in the top five per cent of all UK earners.Even the indisputably prosperous are prone to this.
Consider the FTSE 100 chief executive who is awarded a compensation package of £4m a year. Not when you consider that the boss of an American company earns five times as much.So where does this fiesta of unscientific relativity leave tax policy? Most public finance experts, at least those who are not employed by the super-rich to evangelise for tax cuts, now agree that residential property in the UK is inefficiently and unfairly taxed.