It would be better to target tax cuts at lower earners as they are more likely to spend the money they aren't paying in tax
rather than saving it, which is what people on higher rates of tax do.

The simplest way to do this is to raise the income tax threshold.

All this shit about the 50p tax rate discouraging entrepreneurs is just that, utter shit.
(Bazongaloid, Mon 3 Oct 2011, 15:11, 2 replies, latest was 14 years ago)

Al, what do you do for a living?
You seem to have (gasp) quite knowledgeable opinions on the economy, yet appear to drive a white van, thus negating them
( sporters I’m sincerely gratitude to you, Mon 3 Oct 2011, 15:14, Reply)

Little bit of this, little of that, know what I mean?
I get stuff, I move stuff, I can do things for you, if the price is right.
(Bazongaloid, Mon 3 Oct 2011, 15:23, Reply)

I'd happily scrap the 50p tax, but only when it's affordable and it shouldn't be put ahead of tax relief for lower earners.
I think that whole story was bollocks spun into a big story so the Tory's would look good to the middle classes for a week. It was just some shitty report from a think tank, dozens of those saying anything you like are released every week.
(PsychoChomp, Mon 3 Oct 2011, 15:16, Reply)