During a speech, Reform UK leader Nigel Farage said the proportion of people who pay the higher rate of income tax has increased more than five-fold in half a decade.
Mr Farage said: “From the middle/late 1980s right though until about five years ago, the number of people who paid top-rate tax – i.e. what was 40%-plus all through the Major/Blair years – was about 1.5 million. About 1.5 million paid 40p or more. By the end of next year it will be eight million.”
