Saturday April 4, 2020

Two ways out of the recession

High earners need to be taxed at 48%

21st March, 2009

An essential demand of the Ictu’s ‘Better, fairer way - ten point plan for national recovery’, is for a 48 per cent rate of tax for those on high incomes. It is a demand consistent with the framework for talks that had previously been agreed between government, employers and unions, which stipulated that further tax measures should be based on the principle of ‘‘changes to be fair and equitable, with a higher proportion falling on...

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