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Old 24-03-2009, 23:48   #27
Mancie
God Member
 

Re: 45p Tax on high earners

Quote:
Originally Posted by andrewb View Post

It's nothing to do with actually raising more revenue to pay off debt, as it won't raise any additional. Increasing tax on the wealth creators means they're less likely to come and reside in this country, it means people have less aspiration to achieve top jobs, furthermore most economists believe it will bring in peanuts if anything, in fact a lot believe it will have the opposite effect and bring in LESS money for the government.
quoting andrewb... now were have I haeard that logic before?.. the same old kak Alan Walters the economic advisor to Thatcher was saying in the 80's.. if increase the tax on income of the rich they will all ****** off to the USA and leave us all alone.."the brain drain".... the fear the Tories try to put upon that if these people that have done very nicely out of the present difficulties will decide to jump ship if thier taxes are increased to help provide a more stable ecomomy....does anyone really care if the like of Andrew Lyyod Webber or Richard Bloody Branson ****** off?..the same old Tory attitude that we have to pamper the rich ... keep them happy and everything will be OK..
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