26 May 2011

50% TAX is temporary

At the Institute of Director's Annual Convention on 11 May, George Osborne, said "high personal taxes can be as damaging to growth as high corporate taxes, so I am clear that the 50 pence tax rate would do lasting damage to our economy if it were to become permanent, as some suggest. It should be a temporary measure".

I wonder length of time temporary is?




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