Get the app →
BriefTea logoBriefTea

Every story in sixty words

Get the free app no ads · no paywall

Politics · 7 hours ago

Keir Starmer explored softening the 60% income tax rate for high earners

Keir Starmer explored softening the 60% income tax rate for high earners

Labour leader Keir Starmer explored softening a 60% income tax rate that economists see as a flaw in the tax system. The 'tax trap' affects higher earners in the UK, particularly those making around £100,000. However, Prime Minister Andy Burnham's government is not currently considering a similar change.

Reported by Financial Times · How we write briefs

Understand this story

UK tax on high earners What is income tax? Who is Keir Starmer?

More briefs

PoliticsMichael Marra becomes new Scottish Labour leader WorldRussian electronic voting machines fail on election's first day PoliticsGreen party rejects Zack Polanski's request to delay its annual conference WorldIreland’s national broadcaster will boycott 2027 Eurovision Song Contest over Israel’s participation WorldRussians begin three-day parliamentary election with no real opposition PoliticsMPs urge government to block Thames Water rescue deal and nationalise firm More politics stories → Browse all stories →