Thursday, 7 June 2007

Gordon gets the tax argument wrong.... again

Gordon Brown, and some his mates, have recently vented their against the premise that Private Equity executives pay less tax than cleaners. The TaxCutter considers that rather than firing broadsides at those bringing investment into the UK, such ire would be better aimed at ending the disgraceful situation whereby low-paid workers such as cleaners have to pay income tax in the first place
The TaxCutter would like the government to urgently reconsider the wisdom of doubling the starting rate of income tax from 10% to 20% in his last Budget, and hence doubling the marginal tax rate for those with least income.

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