Friday, November 28, 2008

45% Tax Rate on Rich to Fund Recession Package in UK

45% top rate breaks 15-year taboo raising income tax on the wealthy. The government hopes by targeting the rich, people on low, middle incomes will be reassured they are not to be victims of an aggressive spend now, tax later strategy. "There is a change in the public's mood, who have seen what has been happening to bankers and their huge salaries"

read more | digg story

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