Workers in Sweden pay the highest tax of the countries analysed by PwC in a recent study

How much tax the rich should pay has become one of the main arguments of the election.

Last week, the Labour Party pledged to raise income tax for higher earners if Jeremy Corbyn is elected to Downing Street. Labour said it would lower the additional-rate tax threshold from £150,000 so that those earning more than £80,000 would start to pay 45 per cent tax. It would also introduce a new “super-tax” rate of 50 per cent for those earning more than £125,000.

So Corbyn thinks we should pay more tax as a nation, while Boris Johnson is keen to portray Britain as a society ripe for tax cuts, saying last week: “I haven’t lost any of my tax-cutting zeal.”

Who is right? We look at