Poor Charlie Mullins!
Will yesterday's 'Budget' force our country's high earner's to go abroad? Hmmm?
Anyhow, here's how it affected Charlie:
Michael Wistow, head of tax at law firm Berwin Leighton Paisner, said: "History shows that increasing tax rates rarely achieves the objective of increasing the tax take, individuals will now look to find other ways of earning money or reducing tax liabilities.
"The attractions of making capital profits will be even more important going forward for individuals, and well-advised businesses and investors will be seeking legitimate ways to keep their tax burden to internationally competitive levels."
Tony Bernstein, senior tax partner at HW Fisher chartered accountants, said: "It will simply encourage many of the wealthier self-employed to incorporate, namely move to a limited company structure, in order to save on tax and warehouse their profits.
"When corporation tax rates were last cut there was a huge increase in incorporations as a result and we're likely to see something very similar now, as the gap between corporate and personal tax rates widens.
"For the employed, it is likely to result in an increase in equity-based remuneration, salary sacrifice and share options, where benefits are deferred."
And here's how darling Alistair is apparently going to balance(?) the books: