Tag: Marginal Tax Rates - Tax Policy Associates

Posts tagged "Marginal Tax Rates"

Jeremy Hunt

Mar 11, 2024 Analysis

The Budget tax cut nobody’s talking about, and why we need more

Until last week’s Budget, someone earning £50k with three children under 18 faced a marginal tax rate of 71%. That was deeply unfair to those affected, and damaging for the country as a whole. So it’s great news that this marginal rate has been cut to 57% – about 500,000 families will benefit. But other […]

Marginal rates
An apology

Nov 20, 2023 Analysis

Marginal rates – an apology

In the last few months we may have given the impression that someone earning £50k, with three children under 18, faced a marginal tax rate of 68%. We may have suggested that this was a disincentive to work, contributed to a shortage of key workers and even held back economic growth. We may have used […]