Shadow chancellors proposal to increase the top rate of income tax 'absurd'

Mark Littlewood is quoted in the Observer.

IEA Director General Mark Littlewood is quoted in the Observer. In the article he argues that the shadow chancellors proposal to increase the top band of income tax jeopardises the economic recovery. This is because of the loss of entrepreneurial and productive activity that would result out of disincentivising working hard through higher taxes. 

Read the full article here.