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It is what I have said from the start. Every single report, past experience and common sense tells us this would happen.
If you want the rich to pay more tax then you reduce the tax rates and simplify the system.
The problem goes further than that. These people are also wealth creators, they invest into businesses and employ people, drive them abroad with high taxes they take their investment and jobs with them.
We need economic growth and more jobs, plus more tax revenues to reduce the deficit so keeping this tax rate is mad and would be no more than a political gesture that costs the man in the street dear.
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