How Liam Byrne Could Help the "Squeezed Middle"

Liam Byrne says that the “squeezed middle” are those on between £16,000 to £50,000 and Labour’s task in reviewing policy is to help them. Guido is glad to hear it. Presumably he would therefore support those struggling on middle incomes being taken out of the higher-rate tax bracket, which kicks in at a ridiculously low £37,401? That is smack bang in the middle of the range he defines, surely it should kick in at £50,001, above the income levels of those hard squeezed middle classes. C’mon Liam, review that policy…

mdi-tag-outline New New Labour Tax
mdi-timer November 29 2010 @ 15:20 mdi-share-variant mdi-twitter mdi-facebook mdi-whatsapp mdi-telegram mdi-linkedin mdi-email mdi-printer
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