On Tue, 9 Oct 2012 02:50:08 +0100
Clive wrote:
In message , d
writes
Oh dear, here comes the politics of envy. You just can't help yourself can
you. So is that top end tax rise to 50% a myth then?
This is a mere squabble in a sweet shop. In the 60s supertax was 98p
in the pound.
Sounds like the idea of some left wing idiot in france who was proposing
a 100% tax on earnings above 100K euros or something. Presumably it never
occured to his lonely braincell that if all the money above a certain rate
goes in tax then companies simply won't bother paying above that rate.
I suspect the same happened with a 98% tax which is why they ditched it.
B2003