Archive for April, 2009

Spectator on taxation of the rich

at the time of the 1988 Budget the top 1 percent paid 14 percent of all income tax – by 1997 this rose to 21 percent. And why? Because the top rate was cut from 60 percent to 40 percent.

Interesting.

Idle prediction

By this time tomorrow this petition will have 500,000 signatories or more.

UPDATE: last time I make a prediction like that, top spot today though at 29 thousand, woot!