Peter Young is a fiscal policy adviser to the Adam Smith Institute. In justifying his decision to cut the top rate of income tax to 45% George Osborne relied upon the report from HM Revenue and Customs (HMRC) on the revenue effect of the 50% additional rate. This report deserves to be much more widely […]
Peter Young is a fiscal policy adviser to the Adam Smith Institute. In justifying his decision to cut the top rate of income tax to 45% George Osborne relied upon the report from HM Revenue and Customs (HMRC) on the revenue effect of the 50% additional rate. This report deserves to be much more widely […]