07 January 2009
Majority support 50% IT: survey
A large section of the public believes that high-earners should be taxed more aggressively, according to a survey by the Fabian Society.
The newly published results from the influential think-tank show that 69% of respondents expressed support for a new top income tax rate of 50% for workers earning more than £250,000 annually.
The Government’s move in the recent Pre-Budget Report to introduce a new higher top rate of income tax of 45% for people making over £150,000 is supported by 76% of people (including strong support from almost half, at 46%), according to the data.
Only 19% of respondents agreed that levies on high earners should be kept low so that ‘British companies can attract the talent they need to succeed’.
