The 50p tax rate is a small price to pay for the privilege of being able to live and work in our society

Manning, Alan ORCID: 0000-0002-7884-3580 (2014) The 50p tax rate is a small price to pay for the privilege of being able to live and work in our society. British Politics and Policy at LSE (28 Jan 2014). Website.

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Abstract

Alan Manning looks at arguments against restoring the 50p tax rate for those earning more than £150,000 a year and finds them lacking. One of the biggest real problems is that the tendency of the 1% to resent the government taking what is seen as ‘their’ money also leads them to take steps to minimise their tax liability, threatening to make the revenue raised trivial and risking their reputation as ‘wealth creators’.

Item Type:	Online resource (Website)
Official URL:	http://blogs.lse.ac.uk/politicsandpolicy
Additional Information:	© 2014 The Author(s) CC BY-NC-ND 3.0
Divisions:	LSE
Subjects:	H Social Sciences > HJ Public Finance J Political Science > JF Political institutions (General) J Political Science > JN Political institutions (Europe) > JN101 Great Britain
Date Deposited:	20 Apr 2017 11:04
Last Modified:	01 Oct 2024 03:09
URI:	http://eprints.lse.ac.uk/id/eprint/73846

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