If what you say is correct, Snooky, that will be 200 more jobs and hardly any change in the living standards for the 900 additional part-timers, except perhaps a better quality of life for them and more time spent with the family.
Most taxes are unfair for someone and I agree a 50% rate will probably raise no additional revenue, but you cannot blame the former Government for sticking to their principles of taking from the well off and giving it away to the poor!