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07/09/2011
Pressure is growing on the Chancellor George Osbourne to scrap the 50p tax rate for people earning over £150,000. Influential economists say it punishes entrepreneurs.
Twenty influential economists have signed a letter to the FT arguing the 50p income tax rate punishes entrepreneurs and is doing lasting damage to the economy. It comes as Chancellor George Osborne says short-term hopes for the economy have been revised down in recent weeks. Aasmah Mir interviews Professor Patrick Minford from Cardiff Business School one of those who signed the letter.
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Wed 7 Sep 201116:00
BBC Radio 5 Live
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- Wed 7 Sep 201116:00BBC Radio 5 Live
