50p tax rate successfully rids Britain of unwanted millionaires
THE 50p tax rate has been hailed as a success after thousands of ghastly millionaires fled Britain like it was on fire.
The rate, brought in by something called Gordon Brown, was designed to rid the country of wealthy people and make Aston Martins and Kensington town houses more affordable for average income families.
But while the price of supercars and central London real estate remains stubbornly high, experts said Britain is at least free of millions and millions of third-rate pounds.
Julian Cook, chief economist at Donnelly-McPartlin, said: “Also, the government does not have to waste time deciding how to spend the £7 billion that would have been raised had the rate been left as it was. It’s a win-win.”