Sunday, 11 September 2011

"Punish the rich, hurt everybody"

Dennis Sewell, The Spectator, 3rd September 2011
"HMRC also identifies a tiny group of the super-rich, upon whom we have become dangerously reliant. These are 14,000 taxpayers earning on average a little over £2 million each. If just one thousand of them were to leave the country, the economy would have to generate 300,000 extra new jobs, paying £20,000 per year to make up the resulting shortfall in the tax take."

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