Must read du jour

Hidden in this morning’s Conservative Reading List at the American Issues Project blog is a wonderful op-ed that Andrew Lloyd Webber wrote about increased taxes in the UK forcing a talent exodus.

The scariest part for me (emphasis mine)?

Here’s the truth. The proposed top rate of income tax is not 50 per cent. It is 50 per cent plus 1.5 per cent national insurance paid by employees plus 13.3 per cent paid by employers. That’s not 50 per cent. Two years from now, Britain will have the highest tax rate on earned income of any developed country.

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