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Limit tax relief for high earners, says TUC


Issue 33 - December 2009


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The TUC is to tell the Chancellor that he should raise £10 billion a year by capping the amount of tax relief that can be claimed by those earning more than £100,000 a year at £5,000.
 
Speaking at the TUC's Beyond Crisis conference, TUC General Secretary, Brendan Barber said that the economy is still far too fragile to start reducing the deficit and when the time comes to do so it would be grossly unfair to make those who did least to cause the crash pay the price.
 
Rather than cuts in public services or tax rises that hit poorer households - such as a VAT increase - the government should repair the public finances by making those who did best from the boom pay a fairer share of tax. Click here for the full story.


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