James Forsyth James Forsyth

The Tories mustn’t fall into Brown’s trap

The Tories will be desperately tempted to vigorously oppose the new 45p top rate for those earning more than £175,000. But this is just what Brown wants them to do–as Fraser pointed out this measure has far more to do with politics than raising revenue. Brown is hoping to create a situation in which the perception is that he is trying to save the economy while the Tories are just trying to protect their rich friends.

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