An Additional 2 Million Workers Pay Higher Tax On Boris Johnson News
This morning, the HMRC released data showing that 6.1 million people – equivalent to one in six adults – now pay at a rate of 40 percent, up from 4.2 million in 2019. That includes 629,000 who pay the highest level of income tax – 45 percent profits over .000 150,000 – from 421,000 in 2019-2020. It will add to the concern of Tory lawmakers that the Conservatives’ reputation as a low-tax party is under threat....