UK PRESS: Labour’s new 50% tax on high earners will..

UK PRESS: Labour’s new 50% tax on high earners will leave Britain with
the highest income-tax rates in the G8, just a year after the UK had the
second lowest in the influential grouping, the Sunday Times reported.
It will have the joint highest personal tax alongside Japan among the
world’s leading economies, the paper said. Analysis by Ernst & Young,
the accountants, also found that just four of the 30 countries in the
Organisation for Economic Co-operation and Development (OECD) will have
higher tax rates than the UK when the new top tier is introduced in
April, the paper noted.