Two-thirds of millionaires left Britain to avoid 50% tax rate

Almost two-thirds of the country’s million-pound earners disappeared from Britain after the introduction of the 50p top rate of tax, figures have disclosed.

Robert Winnett The Telegraph [UK] 27 Nov 2012

In the 2009-10 tax year, more than 16,000 people declared an annual income of more than £1 million to HM Revenue and Customs.

This […]

Obama to propose a “Buffett tax” while pushing jobs plan

Ed Morrissey 9/18/2011

Talk about your mixed messages! While Barack Obama goes on the campaign trail trying desperately to drum up support for a jobs plan that will cost $450 billion, the President will also deliver at the same time his plan to reduce the spiraling federal deficit and slow the runaway growth of […]