Britain’s New “Get-Rich-Quick” Scheme

By: alanjoelny (Diary)  |  August 29th at 09:23 PM  | 

Because the first one didn’t work. Several weeks ago, I reported that Britain’s plan to raise additional government revenue by levying higher income taxes was a failure. British officials were shocked! that hiking the rates of the wealthiest citizens to 50% resulted in less tax collected. As CNBC reports, Britain has already hiked taxes on the rich to 50 percent but amid a weak economy | Read More »