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More or Less — The 50p tax rate
Not scored yet28m·2014-01-31·Arts Culture

The 50p tax rate

More or Less

Chancellor George Osborne says a 50p tax rate does not bring in much revenue; Shadow Chancellor Ed Balls says it does. Tim Harford takes a look at why it is so hard to pin down how much tax is owed by the wealthy. Plus, have wages risen? How much does it cost to raise a child? Who do you invite to your wedding?

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