It’s even worse than it first appeared.

“Scrapping the 45p rate gives £1 BILLION in tax savings to just 2,500 people, each with over £3.5m in income. On average, that’s an extra £400k for each of them, every year…”
RT @D_Burgherr: I think people haven’t yet priced in exactly who gains from abolishing the 45p rate…

This isn’t about cuts for people on £150k, or even £200k. Most of the gain goes to those *much* higher up.

I did…

🐦🔗: https://nitter.eu/CarolineVoaden/status/1574478549590892544