Ringo Starr-Ringo's Mum and Stepdad

[Bellyflops2]

I think Ringo was adopted

[JackHauss]

That`s funny, back then people thought the Beatles were loaded but they really weren`t. Most of their money went to taxes, something like 90% tax rate which was insane..I mean just imagine, you make $100 grand and you get to keep $1000. They wouldn`t buy houses but take out mortgages on them. They were really ripped off in those early days. To this day Paul McCartney doesn`t own any of those songs he wrote back then.

[MsteriousMelinda]

Which was why George wrote 'Taxman' when he realised where his money was going.

[inkey2]

@JackHauss I am not a Brit but I don't think the "term 90% tax" is literally as it sounds......if you made $10,000 a year I can't imagine the govt taking $9,000. I think it is more like if you make over a certain amount .....say 100,000 bucks and you made 110,000....they would tax the $10,000 ay 90%......any Brits out here that can help me on this one? Am I correct or totally wrong.....I feel bad for brits if they are literally taxed 90%

[dickygear]

@inkey2 Your right. they only payed 90% tax on their high earnings over a certain amount. your comment is spot on. besides, this was only in the 60's, under a labour goverment. Its a lot better now for the rich since the thatcher, tory goverment, & the blair goverment of the last few years......

[Shifterr65]

Thanks for posting!!