The Top Rate of Income Tax Should be Cut to Zero
We will be slowly adding more pamphlets. Economic note number 68: The Top Rate of Income Tax Should be Cut to Zero posits the thought experiment of cutting the top rate of income tax to zero and describes the benefits to rich and poor people (and the state).
I believe that cutting the top rate of income tax from 40% to 0% would be a huge improvement to Britain, even in the total absence of any changes to the taxes paid by lower paid people, or to taxes collected by other means.