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  • Monday, February 28, 2005

    50% tax plan for highest earners

    According to this article in the Guardian, the Lib Dems would introduce a 50% tax rate for the highest earners, and would scrap the unpopular council tax:

    Launching his party's alternative budget just weeks ahead of an expected general election in May, Charles Kennedy, the Liberal Democrat leader, also pledged to raise the threshold for stamp duty on housing purchases from £60,000 to £150,000 in order to exempt around 400,000 first-time buyers from the levy.
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    4 Comments:

    At 3/01/2005 02:31:00 pm, Anonymous Anonymous said...

    Hopefully that spells the end of the Lib Dems tho' nothing would surprise me about the UK any more.

     
    At 3/01/2005 04:44:00 pm, Blogger Voice 1 said...

    Well, according to the figures, the proposals only affect the top 1% of earners. I don't think it'll really have too much of an impact on their core supporters.

     
    At 3/02/2005 05:23:00 pm, Blogger DJEB said...

    Just luck it's not me, anon. I'd make it 75%

     
    At 3/04/2005 07:36:00 am, Blogger Voice 1 said...

    Oh, now there's an idea.

     

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