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Here you go again Alexander. Whether you deliberately misrepresent or misunderstand I really do not know. I suspect the latter or you would not come up with your crazed economic theories.
Let us get back to what actually does happen in the economy.
Do you realise why Brown, for all his many errors, was not daft enough to increase taxes on the rich until his last year of office? remember that increase was merely a political trap and nothing else.
Even he knew that doing so would reduce the amount of tax collected from the rich.
Why can you not get it into your head that tax rates and the levels of tax collected are not necessarily the same thing. That is specially true of the wealthier who have considerable control over their income and are the most financially mobile.
What I am saying is fact - not theory or opinion. The evidence is there in HMRC collection figure and you can go right back to the 1970's and 1980's to see the impact. It is even more so now with a much more global economy. You see the same thing in other countries too.
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