Budget

The papers are moaning about the 50% tax rate for those earning over £150,000 per year. Can anyone tell me what is wrong with taxing people that can afford it? Surely it's a good idea. (Unless you earn over £150k of course!). These fat cats are so rich anyway, that they can hire expensive accountants to fiddle the system, so they don't have to pay the high rate.
We will all suffer because, what will happen is, for example, expensive footballers will demand a pay rise to compensate for their loss of income, so the clubs will put up the match ticket prices, so the poor man pays more to watch the match. The banks will put up their charges and reduce their interest rates on savings, so this is a tax on the poor anyway! The rich win whatever way you look at it.
I don't want communism, but we do need a fairer system. Higher tax on the rich is fair - so there!