You are reading a single comment by @Andrew and its replies.
Click here to read the full conversation.
London Fixed Gear and Single-Speed is a community of predominantly fixed gear and single-speed cyclists in and around London, UK.
This site is supported almost exclusively by donations. Please consider donating a small amount regularly.
@Andrew
I agree with you horatio. But the point is it does make clear that increasing tax at the top end does bring in plenty, contrary to dicki's point as to taxing the rich versus poor. So, if they bring in 24% now, you can increase their tax rate by 4% (and no one else's) to bring in another 1% for everyone. Basically, it is worth taxing the rich.