I don't deny that inequity, BWM. I was simply pointing out that you can raise additional taxes if you keep the rates the same but change the boundaries. So while the focus is on the change in rates, it is possible that the government slips in a change in the boundaries as well, relatively unnoticed. There is also talk of taxes on things like dividends.

We will see when the legislation comes out, though as I will be on a week's break and offline, I doubt if I will get to read it until it is all over.