Lowering tax is necessary with the tax burden at a 50 year high
29 January 2019
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In the Media
Trade, Development, and Immigration
4 November 2024
Kate Andrews writes for City AM
Kate Andrews, Associate Director at the Institute of Economic Affairs has written for City AM on why the case should be made for lowering the highest rate of income tax.
With the tax burden at a 50 year high, there is almost always a case to be made for lowering tax. This certainly applies to income tax, at both ends of the spectrum. The tax burden on the rich has trebled since the 1970s, as the top one per cent of earners will have contributed roughly 28 per cent of all income paid to the Treasury last year.
Read the full article here.
With the tax burden at a 50 year high, there is almost always a case to be made for lowering tax. This certainly applies to income tax, at both ends of the spectrum. The tax burden on the rich has trebled since the 1970s, as the top one per cent of earners will have contributed roughly 28 per cent of all income paid to the Treasury last year.
Read the full article here.
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