The Labour Government

Mathematically that is correct. The only issue being that the current top rate of tax kicks in at £125,000+ per year and a lot of people who earn more than that, have some flexibility in how they are paid, and will "rearrange" their earnings in order to pay less tax if the rates go up too much.

Last time we increased the top rate to 50%, the tax take from the demographic impacted, actually went down. And I think - though I am not 100% about this - it went up again when we reverted to 45%.

It didn’t go down, it went up but by not as much as they expected even post allowance for changes in behaviour and that rearrangement of earnings.
 
If that was Corbyn it would be sausages are usually made from pork. Jewish folk don’t eat pork. Anti-semite.


Yep, or this


GYPuus2XcAA0XR_
 
If only there were ways of converting assets in to cash.
Yep all pensioners should just sell their home and downsize, not that easy when you have a strong emotional attachment to it and the state may require the money for your care at a later date. Many things in life are not straightforward Kobay. I guess you weren't aware of those things ?
 

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