Arthur Little
3rd March 2016, 19:08
... according to Chancellor of the Exchequer, George Osborne.
Osborne insists his gamble :REGamblMoney01HL1:(in 2012) to slash the 50p rate to 40p for those earning more than £150,000 per annum, has paid~off in the period since.
"Official *figures confirm this to be the case", the Chancellor continued.
Whereas, his opposite number on Labour's Front Benches, John McDonnell argues, :poke: ... such measures meant senior, white collar, managerial employees had been in a financially-stable enough position to enable them to defer taking their salaries until after the controversial rate came into effect.
www.theguardian.com/politics/2016/mar/01/george-osborne-claims-cutting-50p-tax-rate-has-increased-take-by-8bn
Certainly :iagree: it's right and proper, of course, that the highest earners are taxed accordingly.
But there're lies, damn lies - and [then] there are *statistics!
Osborne insists his gamble :REGamblMoney01HL1:(in 2012) to slash the 50p rate to 40p for those earning more than £150,000 per annum, has paid~off in the period since.
"Official *figures confirm this to be the case", the Chancellor continued.
Whereas, his opposite number on Labour's Front Benches, John McDonnell argues, :poke: ... such measures meant senior, white collar, managerial employees had been in a financially-stable enough position to enable them to defer taking their salaries until after the controversial rate came into effect.
www.theguardian.com/politics/2016/mar/01/george-osborne-claims-cutting-50p-tax-rate-has-increased-take-by-8bn
Certainly :iagree: it's right and proper, of course, that the highest earners are taxed accordingly.
But there're lies, damn lies - and [then] there are *statistics!