Scottish tax hike for high earners backfires with loss of £22m: A top rate of 48p for incomes above £125,140, intended as a ‘progressive’ move to raise money for public services, has instead reduced revenues, expert analysis shows (Daniel Sanderson, July 25 2026, Times UK)
Dan Neidle, a tax policy expert who was part of the Scottish government’s recently axed tax advisory group, said its decision to impose a 48p top rate had instead reduced revenues.
All comedy is conservative.