Quote:
Originally Posted by mrmistoffelees
You said
‘ instead of increasing the higher rate.’
How can it be done instead of increasing the higher rate ? When there is already a higher rate after the complete loss of the personal tax allowance ?
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There are many different ways they could have raised this revenue. They could have increased the higher rate. They could have increased the additional rate. They could have done any combination thereof. Instead they chose an ideological route which creates a marginal tax rate of 60%.
But, so far, that is irrelevant to this election campaign.