Some people clearly need reminding what happened the last time Labour imposed a super tax.
Quote:
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Britain's tax regime in the 1970s was one of the most punitive in the world and triggered an exodus of entrepreneurs and highly-paid stars such as David Bowie, who went to live in Switzerland, and the Rolling Stones, who left to record in the South of France.
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http://www.telegraph.co.uk/news/ukne...king-pips.html
A ceiling on earnings would have exactly the same effect on these same people. A moral victory far outweighed by an economic disaster the worst affected by which would be the ordinary man in the street not the likes of Corbyn's Islington elite.