Browne, James; Phillips, David - 2017
In April 2010 the UK's marginal rate of income tax above £150,000 was increased from 40% to 50%, affecting the highest … forestalling hampered an attempt by HMRC (the UK's tax authority) to estimate the revenue effects of the tax rise (HMRC, 2012 … taxable income elasticity estimates frequently in excess of unity. The range of reasonable central estimates that the UK …