• 80k upwards is not the province of those who can ask to be payed in shares/diamonds/dividends - not until you hit a much larger figure, and they'll be optimising their tax already.

    No one earning 85k is going to leave the UK to escape paying £45 a month more than they do today.

    Therefore I think it would (if Corbyn had a hope of winning, which I don't think he does) raise more money - and IIRC they're proposing bringing Capital Gains inline with income tax from a % perspective also.

  • Laffer optimum is around 70% supposedly.

    As you do, I really take issue with the capital flight argument. I strongly believe that income is largely determined by a bunch of arbitrary factors exclusive of ability. I think that if high-paid executives left the country, their minions would replace them, with only a small short-term loss of productivity as a consequence. People aren't trained to be highly-paid executives, they get there by chance.

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