Tax photo

The IEA is quoted in The Sunday Telegraph feature

Ed Balls has vowed to increase the top rate of tax for incomes over £150,000 should the labour government come into power. Critics of such economic policy note that there may only be a marginal gain in tax revenue whilst at the same time destroying innovation and enterprise in the UK.

The Institute of Economic Affairs called the plans ‘absurd’ and a ‘disaster’ for economic growth.

You can read the full article here.