Quote ="The Video Ref"I think tax at the higher rate kicks in at around £38,000. It then goes up to 50% if you are earning over £150,000, I think.
Someone earning the former figure in London, whilst trying to support a family, is really not that well off.'"
So, you raise the threshold before becoming eligible for tax, then everyone benefits and you tax the richest more to compensate. Then the lower paid benefit more proportionately, as does the economy because the lower paid will spend any extra insted of sqirreling it away. It's called fairness