What about a flat rate tax so all contribute equally Shane - for instance if 35% was the tax paid by the cleaner and by the bank chief executive - would that be fairer?
Would it be fairer still if instead of a non-taxable earnings allowance of £10,000 (the LD election pledge that will not be fulfilled) that everyone was paid £10,000 in benefit and all income related benefits were scrapped, leaving only circumstantial benefits such as pensions or disability releif to be additional fractions of the universal award?
I estimate the latter would cost £500Billion, whilst the former has the potential to raise at least the current income tax take, if not higher. So we would spend half our GDP paying ourselves. Is that a bad thing or a good thing?