The behavioural changes reduce revenue by around 20% in first...

  1. 12,970 Posts.
    lightbulb Created with Sketch. 3
    The behavioural changes reduce revenue by around 20% in first year I believe.

    Pensioners may sell their shares. The issue is, who buys them? OS buyers (no reduction in rev) or buyers in a higher tax bracket (extra rev)

    I'm not really interested in analysing each individual income bracket as i'm happy with the PBO analysis and don't have the time.
 
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.