Here's the truth. The proposed top rate of income tax is not 50 per cent. It is 50 per cent plus 1.5 per cent national insurance paid by employees plus 13.3 per cent paid by employers. That's not 50 per cent. Two years from now, Britain will have the highest tax rate on earned income of any developed country.
We use cookies to understand our websites traffic and offer our website visitors personalized experience. To find out more, click ‘More Information’. In addition, please, read our
Privacy policy.