Sad thing is not many high earners will pay it. For example i wonder how much the charman of say Barclaycard will pay in tax.
I understand his basic wage is under the £150k band the rest is 'share options' worth Millions per year based on performance. The share option scheme is on in a share option scheme and therefore he will not pay tax on it at all!
Very few people earn as a wage over 150k and those who have incomes in tax bracket have very good accountants, so will find way to avoid most of it.
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