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Day: 5 July 2017

Corbyn and McDonnell’s delusional tax plan would cut revenue and harm growth

The income tax system in the UK is highly progressive. Not many people know that, to use a catch phrase attributed, rightly or wrongly, to the great actor Michael Caine. The top one per cent of earners contribute 27 per cent of all income tax receipts. To put it in context, just 300,000 people pay […]

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