Re: Taxes

["Craig R.P. Heath" <craig@sco.COM>]

> From: nbc@inf.rl.ac.UK
> Date: Mon, 04 Nov 91 17:01:34 GMT

} From:	rhill@pnet01.cts.com (Ronald Hill)
} Subject: Kate's money
} 
}         Doesn't England have a very,very high tax rate for wealthy people.

> In the past there were several tax bands which went up as far as 80% or
> possibly
> even higher -

95% - c.f. the Beatles' song "Taxman" on the album "Revolver":
					"One for you, nineteen for me"

As Neil says, top rate is 40% now, and it starts at around (pounds)25,000.

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