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The 50p tax rate

Jan 31, 2014 · 28 min · 27.1 MB
0:00-28:11

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Chancellor George Osborne says a 50p tax rate does not bring in much revenue; Shadow Chancellor Ed Balls says it does. Tim Harford takes a look at why it is so hard to pin down how much tax is owed by the wealthy. Plus, have wages risen? How much does it cost to raise a child? Who do you invite to your wedding?