Enterprise will suffer from top rate income tax rise

BBC News quotes Mark Littlewood on potential tax band increase

IEA Director General Mark Littlewood responded to Ed Balls proposal to increase the top band of income tax if Labour come into power. In the article, he argues that the rise would be a disaster for economic growth and enterprise. Furthermore, this imposes a risk on future economic growth by discouraging high value productive labour to move to Britain.

You can read the article here.