Lowering tax is necessary with the tax burden at a 50 year high
Kristian Niemietz writes for CapX
Kate Andrews writes for City AM
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.