TAX: THE RUSSIANS SHOW US THE WAY
It seems obvious to me, that this situation of having higher and lower bands of income tax is not only pointless, but a recipe for discontent and argument, which it has proved to be.
It's simple business logic. Why are the biggest, most successful companies those that keep their prices low? Because it attracts custom. In the same way, if taxes are lower people will be more willing to pay them which means less tax avoidance. It also encourages local and attracts foreign business. The supermarkets know this very well because they must operate in the unforgiving atmosphere of the real world. Unlike our pampered politicians who, comparatively speaking, occupy cloud-cuckoo land.
POLITICIANS, LOOK AND LEARN, LOOK AND LEARN.