1 June 2012

The one budget U-turn we won't see...

'... today George Osbourne admitted cutting the 50p top rate of tax was a mistake and agreed to continue with it until economic conditions were suitable for tax cuts.'

If he did however, he might start to restore some of his recently (deservedly) shredded reputation for economic competence.  It might also help the Conservatives deal with the issue that they are perceived as a bunch of out of touch rich boys.

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