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Even though equity upside can be significant, taxing equity proceeds at income tax level isn't optimal.
But the UK's proposed tax level is much higher.
But that's more than paid for by losing the 10% tax level!
So, no £50,000 – we have no income tax level in our mind about when tax should rise.
The job of economists should be to make a top rate tax level of 80% at least "thinkable" again.
The tax level would be adjusted in response to consumption effects and the consequent achievement of CO2 targets.
Similar(8)
The new tax levels will kick in this October.
The new tax levels will kick into gear this October.
Keep tax levels reasonable and the tax code simple.
"Generally tenants are much more sensitive to council tax levels than buyers," he said.
We can't keep those promises at the current tax levels, let alone at reduced ones.
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Justyna Jupowicz-Kozak
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