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Families don't have to be super rich to pay this punitive rate of tax. Incredibly, many of those affected are basic rate taxpayers.
Now tax experts are demanding this sneaky levy is axed, yet so far there has been no response from the Treasury. The UK’s complex tax system is riddled with unfairness and one of the cruellest quirks sees some families paying an effective 65 percent tax rate on their income.
Read more at express.co.uk