Top tax

This is one way of looking at it:

"Tax got to 82 per cent [in the 1970s] and I thought this was kind of unfair," he said. "Also, I see… that the government has taken it up to 50 per cent and if it goes to 51 I will be back in America.

"I will not pay the Government more than I get. No way, ever. So they\’ve reached their limit with me. That\’s the lot."

It\’s a reasonable way of looking at it too….

4 comments on “Top tax

  1. Sadly the Chancellor also abolished the upper limit for “National Insurance” “Contributions”, so that makes the tax rate 63%.

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