Or, in the case of Greece, what the Germans tell it to do.
If the Tory-led government is convinced the 50p tax rate is losing the UK money then it must do what it thinks is right and change it. The voters need to see some conviction on matters like this, it's why half the country can't be...
But often when you're regularly earning £150K plus the choice is: carry on paying increasing UK taxes, move your business out of the UK altogether or sell up and retire.
VAT has gone up, employer's NI has gone up, employees NI has gone up, the Higher Rate tax band has come down, the tax free...
Never mind about perceptions, surely the last 4 years has taught us we have to deal with reality?
Our tax system is overly complex and the National Insurance element has become fat and grotesque purely because politicians have not had the balls to up income tax, so have upped NI instead. They...
But it's not just 50% tax, it's also National Insurance on top, which means that the government WILL get more than half of anything over £150K earned.
In many business deals the "doubling" factor is important. I like to watch 'American Pickers' and their rule of thumb is if you buy something...