Peter Hoskin

Why Labour’s 50p tax wobble is dangerous for Ed Miliband

Why did Gordon Brown wait until the last few weeks of Labour’s thirteen-year reign to implement a 50p tax rate? Easy. Because it wasn’t so much a fiscal policy as a fiendish trap, designed to cut into a Tory government’s flesh. But now, it seems, the trap has snared another victim: Labour itself.

The Telegraph’s Daniel Knowles has already neatly

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