Increase the income tax on incomes over £150,000 to 75%

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Increase the income tax on incomes over £150,000 to 75%

Additional Information

Currently at 50% it raises £750 million a year.

Chancellor Osbourne thinks this is too little to be worth collecting and therefore proposes to reduce the rate to 45%.

If it's not raising enough revenue, i'd suggest raising it to 75%

The additional revenue raised could contribute to a tax reduction for all those earning less than £25,000 a year.

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