The 20% debate

This is not the place to air political views, nor do I have the expertise, but I cannot resist quoting Will Hutton in yesterday Observer in response to the current debate on tax for high earners (proposed reduction of): ..." the rich are part of society too... what really drives dynamic capitalism .. is .. the revolutionary urge to innovate and the deep plumbing of its institutions which aid or abet that effort... The framework which supports this costs money, and it is proper that the rich should contribute proportionally." Hutton, Forget the top rate of tax. We need a proper strategy for growth", Observer, 11.9.11

This makes sense to me.