Fucking warned you lefty idiots.
The Laffer Curve is real.
You were told the rich would leave.
You said good.
You kept spending.
Whatโs the plan now geniuses?
Have fun staying poor!
Scotland raised its top income tax rate to 48% to make the rich pay more.
New HMRC data suggests the result may have been the opposite: Scotland collected about ยฃ22m less.
We can't be sure, but Scotland may have fallen over the Laffer curve.
๐งต: