First minister drops promised 50p rate for tall earners,but holds back from mirroring George Osborne’s raising of 40p thresholdNicola Sturgeon has backed away from making significant changes to Scotland’s income tax system, instead unveiling a modest prick in taxes for the better-off.
The first minister resisted heavy pressure from Labour and the Lib Dems to raise taxes, and opting instead to push the threshold for the 40p higher rate up by inflation next year. She chose not to reflect George Osborne’s £2000 increase in the threshold.
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Source: theguardian.com