
How to reform income tax: end the high marginal rate scandal
It is a national scandal that teachers, doctors and others earning fairly ordinary salaries can face marginal tax rates of

It is a national scandal that teachers, doctors and others earning fairly ordinary salaries can face marginal tax rates of

We keep talking about marginal rates, but rarely stop to explain exactly what they are, and why they matter. Here’s

The UK’s high marginal tax rates on people earning £50k are a disincentive to work. They’re made worse by the

If I was a Tory Chancellor, I wouldn’t abolish inheritance tax. I’d fix the ridiculous marginal rates that mean there

Well-intentioned bodges to the UK income tax system have created anomalously high marginal tax rates for people earning between £50-60k