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Britain overtaxes well-paid workers

2 pointsby 15m agoeconomist.com
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8m agoHN ↗

...and middle paid workers.

And workers in general. We have come to see income tax as the norm, but it is a relatively recent invention. For a socialist tax would be according to your ability to pay, which has more to do with wealth than income. To an aspirational conservative it should be seen as penalising success.

Time for some new ideas.