kilianbuhn

She says there isn't but there is. It'll be 90% income taxes once out of the woods, look what happened during comparable periods in history following conflict.

> The 1st World War led to income tax being raised to 30% to pay for military expenditure while the surtax was set at 41% in 1938 to pay for Britain’s rearmament programme in the run-up to the 2nd World War.

> During the 1950s and 1960s, income tax in the UK was at its highest levels reaching **90% at its highest rate**. In 1965 a separate Corporation Tax was established for businesses.

blocktock

Daily discussion thread

saloon

Here in the UK, our new PM is pushing for a £130b rescue plan that will cap energy bills throughout the coming winter. There's apparently no plan to pay this back, as she's also a strong advocate of lowering taxes.
