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Labour Party
50p Tax Rate, Again!
A brief history lesson: The Labour Party manifesto of 2005 pledged ‘we will not raise the basic or top rates of income tax in the next parliament’ Alistair Darling announced in the Pre-Budget Report of 2008 that a new 45% tax rate would be introduced, targeting those earning over £150,000 from April 2011 In fact, [...]
