In response to growing income inequality and a rising national debt-to-GDP ratio, several policy think-tanks have proposed raising the highest marginal rate of personal income tax from 45% to 52% for individuals earning over £150,000 per year.
Evaluate, with the use of one or more appropriate diagrams, whether a nation's macroeconomic performance would be enhanced by increasing the highest marginal rate of personal income tax.
68 exam-style questions on OCR A Level Economics Fiscal policy. Each one has a worked solution and a mark scheme showing where the marks go.