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		<title>50p Income Tax Rate – An Entrepreneur’s Perspective</title>
		<description>Discuss 50p Income Tax Rate – An Entrepreneur’s Perspective</description>
		<link>http://www.entrepreneurcountry.com/news-features/item/1388-50p-income-tax-rate-–-an-entrepreneur’s-perspective</link>
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			<title>Sam BM says:</title>
			<link>http://www.entrepreneurcountry.com/news-features/item/1388-50p-income-tax-rate-–-an-entrepreneur’s-perspective#comment-277</link>
			<description><![CDATA[50p tax scheme is plain ludicrous and is really just pushed in to help fill the gaping whole in public finances incurred by the errors of a seemingly spendaholic Government with no grasp on how to actually fund it's spending. The only reason the 50p tax and 20% VAT is because they are incapable of cutting back their spending and this not being helped by that RMT twat Bob Crowe who seems to think that strikes will get better pay sorted. If everyone genuinely wants better pay then sort out the tax codes and encourage entrepreneurs!]]></description>
			<dc:creator>Sam BM</dc:creator>
			<pubDate>Wed, 14 Sep 2011 21:14:13 +0100</pubDate>
			<guid>http://www.entrepreneurcountry.com/news-features/item/1388-50p-income-tax-rate-–-an-entrepreneur’s-perspective#comment-277</guid>
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			<title>Neal Gandhi says:</title>
			<link>http://www.entrepreneurcountry.com/news-features/item/1388-50p-income-tax-rate-–-an-entrepreneur’s-perspective#comment-275</link>
			<description><![CDATA[@davidb I think you need to distinguish between entrepreneurs and others. Us entrepreneurs do generate wealth that trickles down. Just one of the companies that I co-founded currently employs more than 200 people in the UK with a combined annual payroll and employers NI bill in excess of £12m. Those jobs wouldn't have existed without the four of us starting the company. If that's not trickle down, I don't know what is. Again, I pose the same question; why should people like us put everything on the line and create jobs if the government proposes to take half of what we make if we're successful? And how many would be entrepreneurs does that tax rate put off from taking the plunge? Your world of tax the rich and give unproductive jobs to the poor has proven not to have worked. Look at China if you want a real life example.]]></description>
			<dc:creator>Neal Gandhi</dc:creator>
			<pubDate>Tue, 13 Sep 2011 10:49:38 +0100</pubDate>
			<guid>http://www.entrepreneurcountry.com/news-features/item/1388-50p-income-tax-rate-–-an-entrepreneur’s-perspective#comment-275</guid>
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			<title>davidb says:</title>
			<link>http://www.entrepreneurcountry.com/news-features/item/1388-50p-income-tax-rate-–-an-entrepreneur’s-perspective#comment-271</link>
			<description><![CDATA[Predictable content and responses, better analysis here http://touchstoneblog.org.uk/2011/04/the-impact-of-the-50p-income-tax-rate/ It forgot the impact of ERS and EES NI & marginal VAT rate. So the 50% rate is more like 65% There is, however, a deep issue: wealthy people (>£2m earned/£1m unearned annual) 'horde' wealth, taking it out of the economy, buying pointless imported luxuries & sinking cash into long term assets. They actively harm growth. The 50% rate comes in too early, hurting the "merely industrious", but is nothing like high enough once income is serious (>£10m annual). Later & Higher is better There is not, & never has been, any evidence for "trickle down wealth", the rich are value sinks, not national asset. Taxing, & passing back to the low paid/govt employees lifts the economy quite well compared to super-rich. PS: the megarich (>£100m) actively become anticompetitive , antidemocratic & dynastic; that is a BAD thing. Tax them!]]></description>
			<dc:creator>davidb</dc:creator>
			<pubDate>Fri, 09 Sep 2011 17:20:08 +0100</pubDate>
			<guid>http://www.entrepreneurcountry.com/news-features/item/1388-50p-income-tax-rate-–-an-entrepreneur’s-perspective#comment-271</guid>
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			<title>Mayank Patel says:</title>
			<link>http://www.entrepreneurcountry.com/news-features/item/1388-50p-income-tax-rate-–-an-entrepreneur’s-perspective#comment-270</link>
			<description><![CDATA[Fully agree with your comments and observation. Well said. Mayank]]></description>
			<dc:creator>Mayank Patel</dc:creator>
			<pubDate>Fri, 09 Sep 2011 15:55:50 +0100</pubDate>
			<guid>http://www.entrepreneurcountry.com/news-features/item/1388-50p-income-tax-rate-–-an-entrepreneur’s-perspective#comment-270</guid>
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			<title>Mark Bellinger says:</title>
			<link>http://www.entrepreneurcountry.com/news-features/item/1388-50p-income-tax-rate-–-an-entrepreneur’s-perspective#comment-269</link>
			<description><![CDATA[I am a UK citizen and have a UK based business, but I live in Poland. Why? because that is the only way I could keep my overheads in check during the startup period and survive. Governments should stick to simply governing and quit trying to run peoples lives as they are proven to be hugely incompetent at managing the countries finances, even if they introduced a 99p tax they would still be completely incapable of focussing the funds efficiently. Leave business to US the entrepreneurs]]></description>
			<dc:creator>Mark Bellinger</dc:creator>
			<pubDate>Fri, 09 Sep 2011 13:21:30 +0100</pubDate>
			<guid>http://www.entrepreneurcountry.com/news-features/item/1388-50p-income-tax-rate-–-an-entrepreneur’s-perspective#comment-269</guid>
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			<title>Steve Read says:</title>
			<link>http://www.entrepreneurcountry.com/news-features/item/1388-50p-income-tax-rate-–-an-entrepreneur’s-perspective#comment-268</link>
			<description><![CDATA[Well done! You've just explained exactly how my wife and I started BRANDirector and how we now run it. I am heartily tired of the Cons making pro-business noises then caving into Messrs.Cable and Clegg and their bonkers ideas. Steve Read MD]]></description>
			<dc:creator>Steve Read</dc:creator>
			<pubDate>Fri, 09 Sep 2011 13:07:48 +0100</pubDate>
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