Ryan Bourne
In this factsheet, CPS economics researcher Ryan Bourne examines how the marginal effective tax rates faced by individuals are much higher than those suggested by income tax rates alone.
Media Impact:
- Mail: Ever wondered how much tax you REALLY pay
- The Telegraph: 66pc: the true level of tax paid by higher earners
- Tax Payers Alliance: Forget 20p, CPS report says, tax on income at basic rate is over 40p
