TPA choke on higher tax band
The Other TaxPayers’ Alliance Update: 28 Nov 2008
It’s been a busy week for the TaxPayers’ Alliance, with Gordon Brown selfishly allowing the Pre-Budget Report to clash with the launch of the Alliance’s own Public Sector Rich List.
The Alliance said the new 45% top tax rate sounded “the death knell of ambition”: “You would think, with the global economic situation, that Britain would be doing all it can to gain the competitive edge, attract investment and show the corporations of the world that this is where they will get the best deal.”
You would think, with the global economic situation, that the Alliance would stop repeating the same mantra of the last 30 years. There are all sorts of reasons why investment is drying up, but the new tax band isn’t one of them.
Here are three recent responses to their claims:
TaxPayers’ Alliance fact check
Don Paskini, 26 Nov 2008
http://don-paskini.blogspot.com/2008/11/taxpayers-alliance-fact-check.html
More gutter journalism from the Taxpayers’ Alliance
NHS Blog Doctor, 24 Nov 2008
http://nhsblogdoc.blogspot.com/2008/11/more-gutter-journalism-from-taxpayers.html
45p: a revival of Labour’s better instincts
John Harris, The Guardian, 24 Nov 2008
http://www.guardian.co.uk/commentisfree/2008/nov/24/pre-budget-report-economy
Posted by Clifford Singer at 03:06pm on 28 November 2008
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