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What are they talking about "granny tax"


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Guest sibon
There's considerably uproar just when we cut the top rate to 45% and keep the basic rate at 20%. How do you think people will react when told that the poorer taxpayers are going to have to pay half as much again as they already do?

 

I guess that depends upon how you structure personal allowances,

 

I can't see it going down very well, but you can see the level of taxation in Germany from my figures. So, how should we generate the same amount of revenue?

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