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The tax cuts announced benefit everyone in employment even if indeed the top earners benefit the most because the 45% income tax rate (which didn't exist before
by mytailorisrich 4y ago
The tax cuts announced benefit everyone in employment even if indeed the top earners benefit the most because the 45% income tax rate (which didn't exist before 2010, btw) is abolished.
The cancellation of the planned corporation tax increase is absolutely the correct thing to do, IMHO. Increasing from 19% to 25% would have made the UK's rate one of the highest in Europe at a time when looking not business friendly is the last thing the country need