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by michaelt 1211 days ago
Liz Truss's vision of 'growth' meant cutting caps on bankers' bonuses, and an unfunded tax cut for people earning over £150,000.

That's not likely to get many extra people into the pub, because there aren't that many people earning >£150k.

1 comments

Those that do earn over £150k a year don't have to worry aobut how much they spend eating sunday dinner at the local pub

Those earning 55k a year used to, now they can't afford it.

(Marginal tax at 55k for a parent with 2 kids and a student loan is 69%, for someone on 150k who's probably paid off their loan it's 47%)