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Thursday, 1 October 2009

Cameron on the 50p tax rate

Cameron: "high marginal tax rates are a bad idea, I think they are a fantastically bad idea"

Firstly, i think it does show where his priorities lie, because he wants rid of it and is looking at ways to justify it.
Secondly, the comments give me some hope for the future:
"Perhaps he would like to announce some policy measures for clamping down on those wealthy individuals and companies that are engaged in tax avoidance - backed by suitable legal penalties from not only the individuals involved but also those engaged in advising the rich on their avoidance. Now that would be "fiscally responsible"."

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