Change tax threshold system

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Change tax threshold system

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Stop taxing middle income families on every pound earnt over £35k at the same 40% rate as that earnt up to £150k by higher income families, as in todays Britain living on say £50k is a totally different situation to say £90k but the government does not acknowledge that with the current Income Tax Thresholds.
New Proposal:

Salary Income Tax
0- £40,000 20%
£40,001 - £75,000 30%
£75,001 - £110,000 40%
£110,001 - 150,000 45%
£150,000+ 50%

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