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Higher earners to be taxed more heavily in Scotland to protect public services
(www.theguardian.com)
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Literally written directly under the headline
What does 45p mean? Pounds, percentage?
Both! It's 45 pence in the pound, so 45%
Should add more bands higher. I honestly think 90% gets very reasonable at a certain point. The marginal utility of the added income they're making already makes very little difference to them. They're just doing it to accumulate more at that point.
Edit: To be clear, I don't think that point should even be hit by small business owners or specialists. Pretty much only those that live on rents and CEOs should get there.
Yeah there should be a band every 30-40 grand really.
Yeah, I'm fully in favour of giving people a "you won capitalism" award then taking 100% tax at say, five million?