Andy Burnham warned 'don't do this' as major tax increase on the cards
- Posted on July 13, 2026
- By The Daily Star
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- 1 min read
In brief
Andy Burnham receives cautionary guidance regarding an impending substantial tax increase on high earners. Historical precedent suggests that when marginal income tax rates reach comparable levels, wealthy individuals employ strategic financial planning to mitigate their tax obligations, ultimately resulting in modest revenue gains for the government treasury. This behavioral response has created considerable debate about the effectiveness of aggressive tax policies in generating expected fiscal revenue.
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Andy Burnham warned 'don't do this' as major tax increase on the cards
The last time the income tax rate was that high it raised surprisingly little for the Treasury as the richest changed their behaviour to avoid paying more, the Times newspaper has said
