While happy to pay tax, entrepreneur Charlie Mullins says enough is enough. The 50p tax rate should be scrapped. He explains why.
A report out today highlights why the 50p tax is “ludicrous” and damaging Britain’s economic competitiveness.
No long-term good will come from having a higher rate of tax than our major global competitors. The government needs to axe the 50p tax rate immediately, says Pimlico Plumbers boss Charlie Mullins.
George Osborne should drop the 50p income tax rate “at the earliest opportunity” in order to boost growth, a leading panel of economists say.