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Jo Maugham QC @JolyonMaugham
, 3 tweets, 1 min read Read on Twitter
Absent Laffer curve effects, lifting our top rate to 70% for those paid £2m+ would raise about £6.5bn. But a HMT report found lifting the top rate to 50% raised little because of those effects. But what's oft missed is Govts can reshape the Laffer curve.
theguardian.com/commentisfree/…
Here's that HMT 2012 paper google.com/url?sa=t&sourc…
And here's a piece I wrote on Laffer some time ago. waitingfortax.com/2015/09/07/laf…
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