The plentiful council housing, while certainly wonderful for the reasons you gave, did come at a cost. I was surprised to learn that the upper tax rate on incom

The plentiful council housing, while certainly wonderful for the reasons you gave, did come at a cost. I was surprised to learn that the upper tax rate on income over 20k pounds in 1974 was 83%, rising to 98% for investment income. [1] I believe this trend was what the Beetles sang about in Taxman. 1 https://en.m.wikipedia.org/wiki/History_of_taxation_in_the_United_Kingdom https://en.m.wikipedia.org/wiki/History_of_taxation_in_the_U...