HBO News
UK to cut top income tax rate to 45 pct
Britain's finance minister has cut the rate of income tax for the country's wealthiest citizens but imposed a raft of measures to prevent tax avoidance and a hefty new charge on expensive property sales in an attempt to spread the burden of austerity across the U.K's taxpayers.In his annual budget statement Wednesday, George Osborne said he was cutting the top rate from 50 percent to 45 percent by
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