Monday 12 September 2011

Some of the rich say they would pay more income tax

Marks and Spencer ex-boss Sir Stuart Rose has told BBC Hardtalk that he would be prepared to pay more than the current top rate of tax, if necessary.


http://www.bbc.co.uk/news/business-14859254



In a piece in the New York Times newspaper, the billionaire investor and philanthropist said the rich should do more to help plug the deficit.
He called for a tax rise for those earning more than $1m (£600,000), and a higher rate for those on over $10m.