Originally posted by regron
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There are plenty of other tax avoidance plans out there. Some have been disclosed, some not. I suspect that HMRC will wield this club without discrimination given that the Budget today had lots of the usual rhetoric about fairness and the like.
perhaps we should propose a very simple tax system.
Income up to £20,000, tax rate 10%
Income £20k to £150k, tax rate 50%
Income £150k to £1m, tax rate 30%
Income over £1m, whatever figure you feel like paying?
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