Even if all the tax they pay is VAT on expensive meals in London restaurants or stamp duty on flats in Mayfair, it is still additionalincome for Mr Brown.
And Britain is also well ahead of the United States, where the current top rate of federal incometax is 35%, though additional state levies can add substantially more.
The optimal tax theory holds that goods that lack flexibility in demand should be imposed more taxes in order to reduce additional burdens of taxincome.