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LABOUR should raise the top rate of income tax to 65 per cent if it takes power next week, respected economist Howard Reed urged yesterday.
The party has already pledged to raise taxes on Britain’s richest from 45 per cent to 50 per cent in its first budget.
But in a new policy paper for think tank Class, Mr Reed said that any “progressive government” should eventually tax earnings over £250,000 at 65 per cent.
CAROL WILCOX argues for the proper implementation of the land value tax, which could see unused plots sold off and landlords priced out of landlordism, potentially resolving the housing and planning crises
In the current climate, it is vital to bust the myths and put forward the case for a humane and decent social security system that supports people, argues FRAN HEATHCOTE
