Sentences with phrase «top rate of tax»

I just disagree with him that the reason we lost the last election was because of a higher top rate of tax on those earning over # 150,000.

This was seen as an indication that he would not reverse a new 45 % top rate of tax for people earning more than # 150,000 from 2011.

So there have to be tough decisions including some spending cuts and fair tax rises like the 50p top rate of tax for the richest and the national insurance rise we proposed last year.

countries with lower tax rates have a lower benefit from negative gearing due to a lower top rate of tax or a higher threshold for a specific tax rate.

A Labour government with anything other than a landslide majority would also struggle to get measures such as Mr Miliband's proposed new 50p top rate of tax through Parliament.

Witness his living wage campaign, his proposal for a high pay commission and his insistence on keeping the new top rate of tax for high earners.

• Nick Clegg and Vince Cable have said that they will only support the abolition of the 50p top rate of tax if it is replaced with an alternative wealth tax.

[125] He also supported making the UK's 50 % top rate of tax permanent, as well as the institution of a new financial transaction tax, mutualising Northern Rock, putting limits on top salaries, scrapping tuition fees in favour of a graduate tax, implementing a living wage policy and the scrapping of the ID cards policy, and spoke in favour of a «National Care Service».

Hollande responded by saying he admired Cameron's «sense of humour» and pointed out the French top rate of tax is 41 %, compared to 45 % in Britain.

That was followed by Wednesday's Budget which laid bare the record # 175 billion levels of debt and introduced a new 50 per cent top rate of tax..

David Rendel, the former Lib Dem MP, received warm applause when he told delegates he would be in favour of keeping the 50p top rate of tax even if it were shown that it raised no revenue for the Treasury.

In the same speech President Obama put forward his reasons and rationale for increasing the taxes of the wealthiest, many of whom created their own businesses should be taxed at a higher rate (the pre-2001 rate of 39.6 % under Clinton up from the 35 % top rate of tax for most of the Bush presidency).

If reform is introduced, there are doubts over whether an MP with a Scottish constituency could ever again be prime minister or chancellor — or whether Labour could get measures such as its proposed 50p top rate of tax through Parliament.

The 50p top rate of tax was slashed to 45p.

Movie actor Gerard Depardieu has already taken a Russian passport and moved to neighbouring Belgium in protest over the hike in the top rate of tax.

- And when our NHS and social care system is under such pressure, can it really remain a priority to pay the Winter Fuel Allowance - a vital support for middle and low income pensioners - to the richest 5 % of pensioners, those with incomes high enough to pay the higher or top rates of tax?

We're going to have a top rate of tax that supports enterprise and we're going to raise more money from the rich.

Cameron says the top rate of tax will be higher in every year than it was when Miliband was in the Treasury.

Other Romney proposals include the elimination of the estate tax (death / inheritance tax); elimination of the Alternative Minimum Tax Repeal; cutting the top rate of tax from 35 % to 28 %; a 20 % cut in marginal rates; and a pledge to maintain current tax rates on interest, dividends and capital gains.

Romney looks to the high peak of Reagan's America, when the top rate of tax was 28 % (1988 - 1989).

President Reagan cut the top rate of tax from 70 % to 28 % over the eight years of his presidency, with a largely hostile Democratic - controlled House of Representatives under the New Deal Democrat stalwart Speaker Tip O'Neill.

The union has also demanded that the Tories drop plans to cut the top rate of tax from 50p in the pound to 45p, due to take effect in April.

What was symbolic and presentationally problematic was the cut in the top rate of tax for those earning over and above # 150,000 from 50 % to 45 %.

The top rate of tax, immigration panic, rebellious Tories, smoking in cars with kids, and racist yoga.

The vast majority of voters think the government should cancel the reduction in the top rate of tax from 50 % to 45 %.

«Do you want to reduce the tax take from higher earners by encouraging greater tax avoidance and pay cuts by increasing the top rate of tax?»

Universal free school meals paid for by VAT on private school fees, an increase in the top rate of tax and a # 10 minimum wage are all highly popular with voters.

To make sure the dangerous radicalism of putting 5p on the top rate of tax was boxed in, he even ruled out renationalising energy companies and the rail.

According to a ComRes poll, for example, a clear majority of public supports raising the minimum wage and increasing the top rate of tax to 50p from 45p — two key Labour pledges.

The Tories condemn an inaccurate Labour advertising campaign which portrays the cut in the top rate of tax as a lottery - style windfall for millionaires - Mail on Sunday

The Tories condemn an inaccurate Labour advertising campaign which portrays the cut in the top rate of tax as a lottery - style windfall for millionaires

His solutions include more progressive taxation, saying that the UK's growth had been greatest in the Fifties, when the top rate of tax was over 90 per cent.

The longer - term aspiration of a UKIP government would be to restore the personal tax - free allowance to those earning over # 100,000 and make 40 % the top rate of tax for all.

«I know a few people who could arrange just that,» remarked a Tory MP this morning on reading Danny Alexander's remarks in the Mirror that the Conservatives would reduce the top rate of tax to 40p «over my dead body».

This does not necessarily seem fair, when the top rate of tax on incomes exceeding # 150,000 has been cut from 50 % to 45 %.

Redwood also criticised Ed Miliband's claim that lowering the top rate of tax to 45 % represented some sort of benefit for the rich:

The guidance also confirmed that taxpayers paying the intermediate, higher and top rates of tax will be able to claim extra relief through self - assessment or Pay As You Earn (PAYE).

Possibly the most controversial aspect of the Budget was the chancellor's decision to reduce the top rate of tax to 45p which, judging by the reaction, was merely a plot by Osborne to annoy everyone:

But the poll contained similar criticisms of the chancellor's Budget last week, with 49 % saying the scrapping of pensioner tax allowance was unfair and 53 % saying the reduction of the top rate of tax to 45 % would do «nothing» to help the economy.

Then the Frenchman cheekily added: «The top rate of tax in Britain is 45 %.

Darling's 2008 pre-Budget report jacks up the top rate of tax and cuts VAT temporarily, but this is never going to be enough.

When presented alongside the opposition's another national policies - restoring the 50 % top rate of tax, introducing a # 2 million mansion tax - Miliband is presenting himself as a man with a grand vision of society, barely bothered with the nitty - gritty of the actual contests on the ground in 2013.

The main headline measure in the Budget, the raising of the top rate of tax to 50p for those earning # 150,000 was welcomed, with 68 per cent agreeing with it.

He also called for a «much more radical» approach to taxation and benefits, saying that he would happily reintroduce a 50p top rate of tax «tomorrow» and consider a rise in capital gains tax.

«It's partly going to be achieved through tax — mostly actually on the top rates of tax — but partly through reductions in public expenditure.

Early reports suggested that the Coalition would bring CGT into line with the top rate of tax at 50 per cent.

And while headlining its reduction in the top rate of tax (on incomes over # 150,000) and increases in the tax - free personal allowance, the last government achieved a significant revenue increase by letting people on middle incomes rise into the 40 % tax band.