Don’t abolish the 50p tax rate

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Sheffield academics are among those whose work shows that in societies with the greatest gap between the richest and the poorest, everyone is worse off.

At the moment, indirect taxes like VAT mean that the poorest people in our communities pay a greater proportion of their income in tax than the wealthiest do.

And yet the 1 per cent of the population who earn enough to pay the 50p tax rate are asking for it to be cut. When the poorest people in society are suffering the worst effects of savage cuts in public spending, it is morally indefensible for the wealthiest 1 per cent to complain about paying their fair share.

I have copied this letter to our local MP.

I would like to hear how they propose to ensure that we have a fair tax system in the UK, which ensures that we really are ‘in this together’.

Tamara Hervey, Thornsett Road, Sheffield 7