And, meanwhile, the Coalition wants to reduce the top level of tax, from 50p in the pound to 40p. And damn the revenue losses. In case anyone was wondering, this—the removal of tax credits at the bottom end at the same time that those at the very top are showered with thousands of pounds of new income—is what class warfare looks like. So pardon some of us if we start talking like old-school Marxists. Because that time has come.
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