Why Maggie had to act

The death of the former Prime Minister has again brought back issues of 30 years ago. The country is still divided as Yorkshire was in the 1970’s over the Geoff Boycott issue, ie you either loved or hated the guy and the views of those who still remember r

I write remembering the union-controlled Labour Party of the 1970s through which high earners paid top rate tax on earned income of 83% in the pound plus 15% surcharge on investment income, ie 98% in the pound, on rental and savings income.

Also legislation that forced distributions of profits from Private Limited Companies to be taxed as income of the shareholders at the abortive tax rates.

Margaret Thatcher, or any Government, had to change this policy to hopefully bring back to the UK all those that had left by their policies and encourage successful earners to stay. This she and her Government did. That’s my thoughts.

Rest in peace Margaret Thatcher and condolences to her family and friends.

John R Parkin, Beech Avenue, Rotherham.