Cutting the income tax for people earning more than £1m per year has deprived the Exchequer of more than £8.6bn over the past five years, according to new analysis by UNISON published today (Sunday). The April 2013 decision to cut the top rate of income tax from 50p to 45p has also saved the richest […]
Those with the most at their disposal should be making the biggest contribution to our public services
Tax avoidance on this scale is simply the poorest paying the price for the grubby venality of the rich. Governments around the world now need to develop concrete and workable solutions to root out tax avoidance and crack down on tax havens. David Cameron has planned a summit in May, but warm words will be insufficient.