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MLB trade rumors and news: Mike Trout out 6-8 weeks, La Russa-Mercedes feud heats up

Photo by Billie Weiss/Boston Red Sox/Getty ImagesTrout will be on the shelf for a while with a calf strain. The MLB Daily Dish is a daily feature we’re running here at MLBDD that rounds up roster-impacting news, rumors, and analysis. Have feedback or h…

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Photo by Billie Weiss/Boston Red Sox/Getty Images

Trout will be on the shelf for a while with a calf strain.

The MLB Daily Dish is a daily feature we’re running here at MLBDD that rounds up roster-impacting news, rumors, and analysis. Have feedback or have something that should be shared? Hit us up at @mlbdailydish on Twitter or @MLBDailyDish on Instagram.

  • Perennial MVP candidate Mike Trout probably won’t win the AL MVP Award in 2021, as he’s going to spend the next 6-8 weeks on the shelf recovering from a calf strain. Even though Trout had slumped in May, he still led the majors with a .466 OBP and 1.090 OPS due to the ridiculous .425/.523/.781 slash line he posted in April, and his loss is as massive as can be for an Angels team that was already struggling to stay above water in the AL West.
  • White Sox rookie DH Yermín Mercedes offended a few unwritten rule respecters by swinging at a 3-0 pitching and homering off Twins utilityman Willians Astudillo in the ninth inning of Chicago’s 16-4 victory on Monday night in a moment that should have been one of the most entertaining highlights of 2021 but instead served as fodder for a feud within the baseball community. Mercedes’ manager, Tony La Russa, spent Tuesday airing out the AL Rookie of the Year favorite, calling him “clueless,” saying that “there will be a consequence he has to endure” from the White Sox, and responding to Mercedes’ declaration that he’s “going to play (his) game” by saying that “No, he doesn’t, he plays the game of Major League Baseball, respects the game, respects the opponents.” After Twins reliever Tyler Duffey threw at Mercedes Tuesday night — and was promptly ejected, along with manager Rocco Baldelli — La Russa didn’t come to his DH’s defense, saying he didn’t “have a problem with how the Twins handled that.” With the Hall of Fame manager siding against his best hitter, it should be interesting to see whether the White Sox’s chemistry is impacted.
  • The Dodgers signed veteran slugger Albert Pujols to a major league deal, less than a month after he was designated for assignment and released by the Angels. For a moment there was a rumor floating around that the 41-year-old might sign with the Cardinals so he could play out his career with the team he made his name with. But clearly the Dodgers believe he has some fuel left in the tank, despite the .198/.250/.372 slash line he posted with the Angels this season.
  • The Angels have acquired Hunter Strickland from Tampa Bay for a player to be named later or cash considerations. Strickland will be a welcome addition to an Angels bullpen that has been run dry. He’s also started this season like a firecracker, posting a 1.69 ERA with 16 strikeouts in 16 innings. Coming from a competitor like Tampa Bay, it will be interesting to see what Strickland does in Los Angeles—both on and off the mound.
  • Hot take alert: Marcus Stroman is thriving through continued tinkering. Cross your fingers, Mets fans.
  • Remember when the league and MLBPA got in a very public back and forth that resulted in MLBPA essentially calling the league’s bluff and calling for a shortened slate of games with the idea that the players were going to file a grievance? Do you remember that Manfred tried to one-up that by saying no season was going to happen at all unless the players waived the right to file a grievance? That was fun...and that grievance has arrived as MLBPA formally accused the league of negotiating in bad faith on the terms of the 2020 season.
  • The Mariners’ former president Kevin Mather caused all sorts of havoc this past offseason when, among other things, he said that because their top prospect Jarred Kelenic declined to sign a long-term extension with the Mariners, that he was not going to start the 2021 season with the team in order to manipulate his service time. Well, that whole episode did not end well for Mather, but it didn’t stop the team from doing just that as both Jarred Kelenic AND Logan Gilbert got called up to the majors. We are sure it was because they “weren’t ready yet” and needed a handful of minor league games to become major leaguers.
  • The Braves’ Mike Soroka has had a rough road back to health over the last year or so. After rupturing his Achilles’ tendon early in the 2020 season, his rehab was delay this spring by soreness in his shoulder and his return was pushed back to June of this year. Now, the Braves got even worse news as Soroka has been feeling discomfort in his repaired Achilles and underwent exploratory surgery.
  • While things on the health and safety front have gone largely well for the sport of baseball in 2021, we have been getting semi-regular reminders that COVID-19 is still a thing and it can most assuredly impact the games being played. Case in point: on Tuesday, it was announced that the Padres’ Fernando Tatis Jr. and Wil Myers both tested positive for the virus. For a team very much in the playoff picture, another stint without their best player is most definitely less than ideal. Fortunately, Tatis Jr. appears to be asymptomatic for the moment which does portend well for him bouncing right back.
  • It wouldn’t be a baseball season without a Mets pitching injury and for the Mets, this was the worst guy to get hurt. Despite a clean MRI earlier in the week, the team had to put the best pitcher in baseball, Jacob deGrom, on the IL due to an issue with his right side. No word yet how long he may be out.
  • The Braves have signed reliever Shane Greene to a one-year deal, reports Jon Heyman of MLB Network. While the contract is in the $1.5M range, it will likely end up at $1.1M after being prorated based on how much of the season is behind us. The 32-year old has been with the Braves since the 2019 trade deadline, throwing 52 1/3 innings of 3.27 ERA/3.87 FIP in his time with the Braves. He hit free agency at the end of last year and it certainly a welcome familiar face for a Braves bullpen that’s been less than reliable so far this season.
  • The Twins have had a bit of a rough patch of late and the news got worse on Thursday. Not only is Alex Kirilloff dealing with a wrist injury that landed him on the injured list, but their best player this season left the game early on Thursday. While it isn’t exactly a surprise that Byron Buxton is dealing with another ailment, it is still a bummer given how well he has played that he hobbled off the field with a hip strain.
  • The big news of the day was undoubtedly when the Angels announced that Albert Pujols, a future first ballot Hall of Famer who is owed a LOT of money this season, was released by the Angels. LA was set to decrease Pujols’ playing time and Pujols was not enthusiastic about that idea to say the least, so the move allows him to look for work elsewhere.
  • Tuesday was a monumental night for baseball, as affiliated minor league teams returned to action for the first time since September 2019. While the return of the minors doesn’t mean that the COVID-19 pandemic is behind us, it’s a sign that things are getting closer to normal, and it represents an avenue for hundreds of players, coaches, and broadcasters to achieve their dreams. Rays prospect Wander Franco, the top prospect in baseball according to both Baseball America and MLB Pipeline, had a stellar Triple-A debut, going 3 for 5 with a triple and two RBI.
  • Its never great news when a player ends up on the ground after attempting to run to first, but the news was particularly bad for Luis Robert and the Chicago White Sox. The young star was diagnosed with a torn hip flexor and won’t even be able to begin baseball activities for 12-16 weeks, which very much puts his season in jeopardy. That White Sox outfield is looking awfully thin these days.
  • The Dodgers have their own injury problems. Dustin May left his most recent start in the second inning and on Monday, it was announced that he is going to have to undergo Tommy John surgery which will put him out until at least some time next season. It’s silly how much depth that Dodgers roster has, but they can’t really afford to lose too much more talent on the pitching side.
  • The Braves have placed Travis d’Arnaud on the 60-day injured list after undergoing a pretty rough sprain to his thumb that could be more serious than initially posed. William Contreras, the young 2015 international signee, will take d’Arnaud’s spot behind the plate.
  • In some disturbing news, MLB has placed Roberto Alomar on the ineligible list, while the Blue Jays severed all of their ties with Hall of Famer. His name will be removed from the team’s “Level of Excellence” and his banner at Rogers Centre will be taken down following an investigation of sexual misconduct against him. He is now the only Hall of Famer on the ineligible list.
  • The Rays got some reinforcements for their pitching staff last week as Shane McClanahan, who was added to the team’s postseason roster during their World Series run in 2020 and had yet to make his regular season debut, was called up to the big leagues.
  • We had our first major leaguer-for-major leaguer trade of the 2021 season last week, as the Giants acquired outfielder Mike Tauchman from the Yankees in exchange for lefty reliever Wandy Peralta and a player to be named later. Tauchman has been buried on the Yankees’ depth chart this season but had a .353 OBP during his three-year tenure in New York and is an interesting addition to the Giants’ mix-and-match outfield group. Peralta, meanwhile, had a career season with San Francisco last year, and while he’s been inconsistent to start 2021, he provides some left-handed depth to the Yankees’ bullpen as they await the return of Zack Britton.
  • The Rockies have been poorly run for a while now, with general manager Jeff Bridich at the forefront of that mismanagement. They somehow made their relationship with their best player, Nolan Arenado, so bad that they had to trade him away and throw in a bunch of cash in order to do so. Well, Bridich’s time finally came as he and the team decided to mutually part ways last week.
  • The Astros have signed Martin Maldonado to a one-year extension, reports Mark Feinsand of MLB.com. The catcher is guaranteed $5M for the one-year deal with a $5M vesting option for 2023. It’s a low-risk, high-reward move for the Astros that at least buys them another year to find a replacement for Maldonado if need be.
  • Neil Walker never made an All-Star team or won a World Series, but he had a very admirable 12-year major league career, playing seven seasons for his hometown Pittsburgh Pirates, winning a Silver Slugger Award in 2014, and making over $50 million along the way. Walker announced his retirement after going unsigned all offseason. He finished his career playing in 18 games for the Phillies last summer.
  • The Nationals have placed Stephen Strasburg on the 10-day injured list. A recent MRI has shown inflammation in his right shoulder after a start last Tuesday that raised some eyebrows. He’s currently 0-1 with a 6.30 ERA over his first two starts this season.
  • Since being a highly heralded pitching prospect who was drafted #3 overall, Carlos Rodon has had to overcome several severe injuries and the label as a “bust” in his career whether it was fair or not. For at least one night, though, Rodon showed everyone what he was capable of as he threw a no-hitter (and nearly a perfect game if not for a 9th inning HBP) against the Indians.
  • A’s reliever Trevor Rosenthal underwent thoracic outlet surgery, Martin Gallegos of MLB.com reports. The 30-year-old kicked off this season on the IL because of a shoulder problem. While the procedure is usually a 12-week recovery period, he will be re-evaluated in eight weeks. The closer spent this offseason hunting for a long-term deal that would hopefully keep him planted for a while. What he ended up with was a 1-year, $11M deal with the Athletics. After a monster comeback in 2020, pitching a 1.90 ERA over 23.2 innings pitched between the Royals and the Padres, this feels like a devastating blow for any sort of late-career renaissance. Fingers crossed for Oakland fans that he ends up back in the bullpen sooner than anticipated.
  • The Yankees made a somewhat surprising addition, acquiring veteran infielder Rougned Odor from the Rangers in exchange for minor league outfielders Antonio Cabello and Josh Stowers. The Rangers are responsible for paying all but the league minimum to Odor, who they previously designated for assignment, and the Yankees will take a chance on a hitter who is capable of dominating right-handed pitching but has struggled to make contact in recent seasons.
  • Orlando Arcia was widely considered one of the top prospects in baseball about five years ago, but he’s mostly been a disappointment since arriving in the big leagues. The Braves will see if they can turn his career around after acquiring the 26-year-old shortstop from the Brewers in exchange for relievers Patrick Weigel and Chad Sobotka. Arcia will initially report to Atlanta’s alternate training site.
  • The Angels have signed David Fletcher to a five-year, $26M extension, reports Fabian Ardaya of The Athletic. The second baseman slashed a career best .319/.376/.425 over 230 plate appearances last season. While he offers almost no power at the plate, he’s consistent and has a jarringly low strikeout rate. The extension will begin this season and extend through 2025. The 26-year-old wouldn’t have been arbitration eligible until after this season and wouldn’t not have hit free agency until after the 2024 season. There is also a club option and buyout of $8.5M and $1.5M, respectively.
  • The health and safety protocols that the league has put in place for the 2021 season have been a hot topic given that we are amidst a vaccine rollout that should, in theory, make existing out in the world much safer and easier. Monday, MLB sent out a memo to teams saying that if at least 85% of a team’s roster becomes vaccinated, that the health protocols they are operating under will be relaxed.
  • The White Sox, fresh off an impressive run to the postseason last year, are primed to win the AL Central this year, but things just got a bit harder. It was announced last week that slugger Eloy Jimenez ruptured his pectoral tendon and will miss around 5-6 months of action as he recovers. While the White Sox do have a good number of quality bats in their lineup, Eloy’s injury is really going to put their depth to the test and place a lot of pressure on some young guys to perform.
  • One of the more exciting guys set to hit free agency after this season is shortstop Carlos Correa who, despite having trouble staying healthy in his career, would be one of the biggest names on the free agent market if he made it there. It was reported that the while Astros did offer an extension to him, Correa considered the offer so low that he now seems resigned to test the waters in free agency after the season.
  • While it doesn’t look super promising that the Astros are going to be able to lock up Carlos Correa and already lost George Springer to free agency, they did get some good news last week as they were able to lock up Lance McCullers with a five-year extension. It isn’t the marquee extension/signing they probably need to prolong their competitive window, but hey....progress.
  • The Royals and Salvador Perez have agreed to a monster contract extension. The deal will keep Perez in Kansas City for four more years to the tune of $82M. Slashing a career .269/.300/.449, the 30-year old was a cornerstone of the team’s 2015 World Series run. The extension also comes less than two years after Perez had Tommy John surgery and missed the entire 2019 season. Despite that, the Royals seem to have no intention of letting the franchise icon leave any time soon.
  • A few seasons ago, MLB tested out some new rules in the minor leagues that ended up being used in the major leagues, including the extra inning rule where a runner started each extra inning on second base. Now, it looks like MLB is eyeing some other changes with new rules getting tested out in the minors during the 2021 season. Such changes include an automated strike zone, limits on the shift, limits on pickoff moves, and changes to the physical bases designed to lead to less slipping and less collisions on the basepaths.

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Government

Buried Project Veritas Recording Shows Top Pfizer Scientists Suppressed Concerns Over COVID-19 Boosters, MRNA Tech

Buried Project Veritas Recording Shows Top Pfizer Scientists Suppressed Concerns Over COVID-19 Boosters, MRNA Tech

Submitted by Liam Cosgrove

Former…

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Buried Project Veritas Recording Shows Top Pfizer Scientists Suppressed Concerns Over COVID-19 Boosters, MRNA Tech

Submitted by Liam Cosgrove

Former Project Veritas & O’Keefe Media Group operative and Pfizer formulation analyst scientist Justin Leslie revealed previously unpublished recordings showing Pfizer’s top vaccine researchers discussing major concerns surrounding COVID-19 vaccines. Leslie delivered these recordings to Veritas in late 2021, but they were never published:

Featured in Leslie’s footage is Kanwal Gill, a principal scientist at Pfizer. Gill was weary of MRNA technology given its long research history yet lack of approved commercial products. She called the vaccines “sneaky,” suggesting latent side effects could emerge in time.

Gill goes on to illustrate how the vaccine formulation process was dramatically rushed under the FDA’s Emergency Use Authorization and adds that profit incentives likely played a role:

"It’s going to affect my heart, and I’m going to die. And nobody’s talking about that."

Leslie recorded another colleague, Pfizer’s pharmaceutical formulation scientist Ramin Darvari, who raised the since-validated concern that repeat booster intake could damage the cardiovascular system:

None of these claims will be shocking to hear in 2024, but it is telling that high-level Pfizer researchers were discussing these topics in private while the company assured the public of “no serious safety concerns” upon the jab’s release:

Vaccine for Children is a Different Formulation

Leslie sent me a little-known FDA-Pfizer conference — a 7-hour Zoom meeting published in tandem with the approval of the vaccine for 5 – 11 year-olds — during which Pfizer’s vice presidents of vaccine research and development, Nicholas Warne and William Gruber, discussed a last-minute change to the vaccine’s “buffer” — from “PBS” to “Tris” — to improve its shelf life. For about 30 seconds of these 7 hours, Gruber acknowledged that the new formula was NOT the one used in clinical trials (emphasis mine):


“The studies were done using the same volume… but contained the PBS buffer. We obviously had extensive consultations with the FDA and it was determined that the clinical studies were not required because, again, the LNP and the MRNA are the same and the behavior — in terms of reactogenicity and efficacy — are expected to be the same.

According to Leslie, the tweaked “buffer” dramatically changed the temperature needed for storage: “Before they changed this last step of the formulation, the formula was to be kept at -80 degrees Celsius. After they changed the last step, we kept them at 2 to 8 degrees celsius,” Leslie told me.

The claims are backed up in the referenced video presentation:

I’m no vaccinologist but an 80-degree temperature delta — and a 5x shelf-life in a warmer climate — seems like a significant change that might warrant clinical trials before commercial release.

Despite this information technically being public, there has been virtually no media scrutiny or even coverage — and in fact, most were told the vaccine for children was the same formula but just a smaller dose — which is perhaps due to a combination of the information being buried within a 7-hour jargon-filled presentation and our media being totally dysfunctional.

Bohemian Grove?

Leslie’s 2-hour long documentary on his experience at both Pfizer and O’Keefe’s companies concludes on an interesting note: James O’Keefe attended an outing at the Bohemian Grove.

Leslie offers this photo of James’ Bohemian Grove “GATE” slip as evidence, left on his work desk atop a copy of his book, “American Muckraker”:

My thoughts on the Bohemian Grove: my good friend’s dad was its general manager for several decades. From what I have gathered through that connection, the Bohemian Grove is not some version of the Illuminati, at least not in the institutional sense.

Do powerful elites hangout there? Absolutely. Do they discuss their plans for the world while hanging out there? I’m sure it has happened. Do they have a weird ritual with a giant owl? Yep, Alex Jones showed that to the world.

My perspective is based on conversations with my friend and my belief that his father is not lying to him. I could be wrong and am open to evidence — like if boxer Ryan Garcia decides to produce evidence regarding his rape claims — and I do find it a bit strange the club would invite O’Keefe who is notorious for covertly filming, but Occam’s razor would lead me to believe the club is — as it was under my friend’s dad — run by boomer conservatives the extent of whose politics include disliking wokeness, immigration, and Biden (common subjects of O’Keefe’s work).

Therefore, I don’t find O’Keefe’s visit to the club indicative that he is some sort of Operation Mockingbird asset as Leslie tries to depict (however Mockingbird is a 100% legitimate conspiracy). I have also met James several times and even came close to joining OMG. While I disagreed with James on the significance of many of his stories — finding some to be overhyped and showy — I never doubted his conviction in them.

As for why Leslie’s story was squashed… all my sources told me it was to avoid jail time for Veritas executives.

Feel free to watch Leslie’s full documentary here and decide for yourself.

Fun fact — Justin Leslie was also the operative behind this mega-viral Project Veritas story where Pfizer’s director of R&D claimed the company was privately mutating COVID-19 behind closed doors:

Tyler Durden Tue, 03/12/2024 - 13:40

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International

Association of prenatal vitamins and metals with epigenetic aging at birth and in childhood

“[…] our findings support the hypothesis that the intrauterine environment, particularly essential and non-essential metals, affect epigenetic aging…

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“[…] our findings support the hypothesis that the intrauterine environment, particularly essential and non-essential metals, affect epigenetic aging biomarkers across the life course.”

Credit: 2024 Bozack et al.

“[…] our findings support the hypothesis that the intrauterine environment, particularly essential and non-essential metals, affect epigenetic aging biomarkers across the life course.”

BUFFALO, NY- March 12, 2024 – A new research paper was published in Aging (listed by MEDLINE/PubMed as “Aging (Albany NY)” and “Aging-US” by Web of Science) Volume 16, Issue 4, entitled, “Associations of prenatal one-carbon metabolism nutrients and metals with epigenetic aging biomarkers at birth and in childhood in a US cohort.”

Epigenetic gestational age acceleration (EGAA) at birth and epigenetic age acceleration (EAA) in childhood may be biomarkers of the intrauterine environment. In this new study, researchers Anne K. Bozack, Sheryl L. Rifas-Shiman, Andrea A. Baccarelli, Robert O. Wright, Diane R. Gold, Emily Oken, Marie-France Hivert, and Andres Cardenas from Stanford University School of Medicine, Harvard Medical School, Harvard T.H. Chan School of Public Health, Columbia University, and Icahn School of Medicine at Mount Sinai investigated the extent to which first-trimester folate, B12, 5 essential and 7 non-essential metals in maternal circulation are associated with EGAA and EAA in early life. 

“[…] we hypothesized that OCM [one-carbon metabolism] nutrients and essential metals would be positively associated with EGAA and non-essential metals would be negatively associated with EGAA. We also investigated nonlinear associations and associations with mixtures of micronutrients and metals.”

Bohlin EGAA and Horvath pan-tissue and skin and blood EAA were calculated using DNA methylation measured in cord blood (N=351) and mid-childhood blood (N=326; median age = 7.7 years) in the Project Viva pre-birth cohort. A one standard deviation increase in individual essential metals (copper, manganese, and zinc) was associated with 0.94-1.2 weeks lower Horvath EAA at birth, and patterns of exposures identified by exploratory factor analysis suggested that a common source of essential metals was associated with Horvath EAA. The researchers also observed evidence of nonlinear associations of zinc with Bohlin EGAA, magnesium and lead with Horvath EAA, and cesium with skin and blood EAA at birth. Overall, associations at birth did not persist in mid-childhood; however, arsenic was associated with greater EAA at birth and in childhood. 

“Prenatal metals, including essential metals and arsenic, are associated with epigenetic aging in early life, which might be associated with future health.”

 

Read the full paper: DOI: https://doi.org/10.18632/aging.205602 

Corresponding Author: Andres Cardenas

Corresponding Email: andres.cardenas@stanford.edu 

Keywords: epigenetic age acceleration, metals, folate, B12, prenatal exposures

Click here to sign up for free Altmetric alerts about this article.

 

About Aging:

Launched in 2009, Aging publishes papers of general interest and biological significance in all fields of aging research and age-related diseases, including cancer—and now, with a special focus on COVID-19 vulnerability as an age-dependent syndrome. Topics in Aging go beyond traditional gerontology, including, but not limited to, cellular and molecular biology, human age-related diseases, pathology in model organisms, signal transduction pathways (e.g., p53, sirtuins, and PI-3K/AKT/mTOR, among others), and approaches to modulating these signaling pathways.

Please visit our website at www.Aging-US.com​​ and connect with us:

  • Facebook
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  • Instagram
  • YouTube
  • LinkedIn
  • Reddit
  • Pinterest
  • Spotify, and available wherever you listen to podcasts

 

Click here to subscribe to Aging publication updates.

For media inquiries, please contact media@impactjournals.com.

 

Aging (Aging-US) Journal Office

6666 E. Quaker Str., Suite 1B

Orchard Park, NY 14127

Phone: 1-800-922-0957, option 1

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International

A beginner’s guide to the taxes you’ll hear about this election season

Everything you need to know about income tax, national insurance and more.

Cast Of Thousands/Shutterstock

National insurance, income tax, VAT, capital gains tax, inheritance tax… it’s easy to get confused about the many different ways we contribute to the cost of running the country. The budget announcement is the key time each year when the government shares its financial plans with us all, and announces changes that may make a tangible difference to what you pay.

But you’ll likely be hearing a lot more about taxes in the coming months – promises to cut or raise them are an easy win (or lose) for politicians in an election year. We may even get at least one “mini-budget”.

If you’ve recently entered the workforce or the housing market, you may still be wrapping your mind around all of these terms. Here is what you need to know about the different types of taxes and how they affect you.

The UK broadly uses three ways to collect tax:

1. When you earn money

If you are an employee or own a business, taxes are deducted from your salary or profits you make. For most people, this happens in two ways: income tax, and national insurance contributions (or NICs).

If you are self-employed, you will have to pay your taxes via an annual tax return assessment. You might also have to pay taxes this way for interest you earn on savings, dividends (distribution of profits from a company or shares you own) received and most other forms of income not taxed before you get it.

Around two-thirds of taxes collected come from people’s or business’ incomes in the UK.

2. When you spend money

VAT and excise duties are taxes on most goods and services you buy, with some exceptions like books and children’s clothing. About 20% of the total tax collected is VAT.

3. Taxes on wealth and assets

These are mainly taxes on the money you earn if you sell assets (like property or stocks) for more than you bought them for, or when you pass on assets in an inheritance. In the latter case in the UK, the recipient doesn’t pay this, it is the estate paying it out that must cover this if due. These taxes contribute only about 3% to the total tax collected.

You also likely have to pay council tax, which is set by the council you live in based on the value of your house or flat. It is paid by the user of the property, no matter if you own or rent. If you are a full-time student or on some apprenticeship schemes, you may get a deduction or not have to pay council tax at all.


Quarter life, a series by The Conversation

This article is part of Quarter Life, a series about issues affecting those of us in our 20s and 30s. From the challenges of beginning a career and taking care of our mental health, to the excitement of starting a family, adopting a pet or just making friends as an adult. The articles in this series explore the questions and bring answers as we navigate this turbulent period of life.

You may be interested in:

If you get your financial advice on social media, watch out for misinformation

Future graduates will pay more in student loan repayments – and the poorest will be worst affected

Selling on Vinted, Etsy or eBay? Here’s what you need to know about paying tax


Put together, these totalled almost £790 billion in 2022-23, which the government spends on public services such as the NHS, schools and social care. The government collects taxes from all sources and sets its spending plans accordingly, borrowing to make up any difference between the two.

Income tax

The amount of income tax you pay is determined by where your income sits in a series of “bands” set by the government. Almost everyone is entitled to a “personal allowance”, currently £12,570, which you can earn without needing to pay any income tax.

You then pay 20% in tax on each pound of income you earn (across all sources) from £12,570-£50,270. You pay 40% on each extra pound up to £125,140 and 45% over this. If you earn more than £100,000, the personal allowance (amount of untaxed income) starts to decrease.

If you are self-employed, the same rates apply to you. You just don’t have an employer to take this off your salary each month. Instead, you have to make sure you have enough money at the end of the year to pay this directly to the government.


Read more: Taxes aren't just about money – they shape how we think about each other


The government can increase the threshold limits to adjust for inflation. This tries to ensure any wage rise you get in response to higher prices doesn’t lead to you having to pay a higher tax rate. However, the government announced in 2021 that they would freeze these thresholds until 2026 (extended now to 2028), arguing that it would help repay the costs of the pandemic.

Given wages are now rising for many to help with the cost of living crisis, this means many people will pay more income tax this coming year than they did before. This is sometimes referred to as “fiscal drag” – where lower earners are “dragged” into paying higher tax rates, or being taxed on more of their income.

National insurance

National insurance contributions (NICs) are a second “tax” you pay on your income – or to be precise, on your earned income (your salary). You don’t pay this on some forms of income, including savings or dividends, and you also don’t pay it once you reach state retirement age (currently 66).

While Jeremy Hunt, the current chancellor of the exchequer, didn’t adjust income tax meaningfully in this year’s budget, he did announce a cut to NICs. This was a surprise to many, as we had already seen rates fall from 12% to 10% on incomes higher than £242/week in January. It will now fall again to 8% from April.


Read more: Budget 2024: experts explain what it means for taxpayers, businesses, borrowers and the NHS


While this is charged separately to income tax, in reality it all just goes into one pot with other taxes. Some, including the chancellor, say it is time to merge these two deductions and make this simpler for everyone. In his budget speech this year, Hunt said he’d like to see this tax go entirely. He thinks this isn’t fair on those who have to pay it, as it is only charged on some forms of income and on some workers.

I wouldn’t hold my breath for this to happen however, and even if it did, there are huge sums linked to NICs (nearly £180bn last year) so it would almost certainly have to be collected from elsewhere (such as via an increase in income taxes, or a lot more borrowing) to make sure the government could still balance its books.

A young black man sits at a home office desk with his feet up, looking at a mobile phone
Do you know how much tax you pay? Alex from the Rock/Shutterstock

Other taxes

There are likely to be further tweaks to the UK’s tax system soon, perhaps by the current government before the election – and almost certainly if there is a change of government.

Wealth taxes may be in line for a change. In the budget, the chancellor reduced capital gains taxes on sales of assets such as second properties (from 28% to 24%). These types of taxes provide only a limited amount of money to the government, as quite high thresholds apply for inheritance tax (up to £1 million if you are passing on a family home).

There are calls from many quarters though to look again at these types of taxes. Wealth inequality (the differences between total wealth held by the richest compared to the poorest) in the UK is very high (much higher than income inequality) and rising.

But how to do this effectively is a matter of much debate. A recent study suggested a one-off tax on total wealth held over a certain threshold might work. But wealth taxes are challenging to make work in practice, and both main political parties have already said this isn’t an option they are considering currently.

Andy Lymer and his colleagues at the Centre for Personal Financial Wellbeing at Aston University currently or have recently received funding for their research work from a variety of funding bodies including the UK's Money and Pension Service, the Aviva Foundation, Fair4All Finance, NEST Insight, the Gambling Commission, Vivid Housing and the ESRC, amongst others.

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