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The ensuing face-off with police was rooted in a sense of anger that the government were imposing swinging cutbacks on the public sector as pay and benefits were reduced, job vacancies went unfilled and a tougher tax collection and higher tax rate system was introduced.
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So, we cannot, at present, with the numbers we have, tell whether the surge in tax collection was because the 50 p rate increased the amount peoplepaid: or whether we saw a one time only surge as people paid themselves tonnes of cash to beat the rate.
FORBES: Cut the 50p Tax Rate Now
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There is a limit beyond which a higher tax rate will result in less tax collection.
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