Minister wants supertax on Britain’s top earners

[Bob Dalek]

Wasn't this sort of mindless rubbish tried, tested, and shown to be crap, by ... er... Labour in the dark and neolithic 70s?

The super rich will just toddle off to Switzerland/wherever and pop back home for Xmas, etc.

It's the political equivalent of a desperate prayer.

[TykeMerc]

Yes but that time they forgot to put exit taxes in place, to protect the government's revenue stream

With the European Union rules on free cross boarder travel and trade that could prove to be quite a challenge.

I remember hearing about the 98 tax rates too as a child.

[Diver]

With the European Union rules on free cross boarder travel and trade that could prove to be quite a challenge.

I remember hearing about the 98 tax rates too as a child.

As a Child!!!!!

It's like a bleedin Kindergarten on here

[TykeMerc]

As a Child!!!!!

It's like a bleedin Kindergarten on here

Hahaha, it's nice to feel the shoe is on the other foot, most of the forums I lurk on I'm the old git of the bunch.

[Cyberman]

http://www.timesonline.co.uk/tol/mon...cle4547848.ece

With defeat looming New Liebor is shedding it's skin. Apparently they want this tax on the rich to help the middle classes. But aren't the middle classes the ones that this lot have been milking for the last 11 yrs, to pay for their crazy social experiments?

Lewis points to families who take two holidays a year, belong to private gyms and eat in restaurants, but struggle to pay soaring bills, as the group in need of help.

“If, as a result of the current economic situation, the only way to help hard-pressed middle-class families is to ask the highest earners to pay more, then serious consideration should be given to that,” he writes.

Tax would of course be higher under the Tories !!!!

[Sysman]

The Legends of the Giant Alien Lizards tell of a time under Harald the Wilson when one type of income tax reached a notional 102%...

And people used to rent their suits as a tax avoidance measure.

I can remember working on payroll and discovering that senior management weren't on terrific salaries, presumably taking the rest in perks. It put an artificial ceiling on what the rest of us could earn.