No. The song was written around 1966. Harold Wilson was Labour Prime Minister from 1964 to 1970 while Edward Heath was the Leader of the Opposition (Conservative). There was an election in 1966 which Labour won, so good timing for the song by the Beatles. They were complaining that for very high-earners the tax on their income above a certain amount was 95% - but in all honesty there were so many loopholes to get around this that it smacks of nothing but greediness.
@Wyrm Those four guys are probably the most underpaid four people in the 20th century considering how much joy they provided to people. No government deserves 95% of what an individual produces.
@Wyrm Those four guys are probably the most underpaid four people in the 20th century considering how much joy they provided to people. No government deserves 95% of what an individual produces.
No. The song was written around 1966. Harold Wilson was Labour Prime Minister from 1964 to 1970 while Edward Heath was the Leader of the Opposition (Conservative). There was an election in 1966 which Labour won, so good timing for the song by the Beatles. They were complaining that for very high-earners the tax on their income above a certain amount was 95% - but in all honesty there were so many loopholes to get around this that it smacks of nothing but greediness.
@Wyrm Those four guys are probably the most underpaid four people in the 20th century considering how much joy they provided to people. No government deserves 95% of what an individual produces.
@Wyrm Those four guys are probably the most underpaid four people in the 20th century considering how much joy they provided to people. No government deserves 95% of what an individual produces.