Stay up to date with notifications from The Independent

Notifications can be managed in browser preferences.

Miliband won't vow to reverse tax cut for rich

Nigel Morris
Tuesday 20 March 2012 21:00 EDT
Comments

Your support helps us to tell the story

From reproductive rights to climate change to Big Tech, The Independent is on the ground when the story is developing. Whether it's investigating the financials of Elon Musk's pro-Trump PAC or producing our latest documentary, 'The A Word', which shines a light on the American women fighting for reproductive rights, we know how important it is to parse out the facts from the messaging.

At such a critical moment in US history, we need reporters on the ground. Your donation allows us to keep sending journalists to speak to both sides of the story.

The Independent is trusted by Americans across the entire political spectrum. And unlike many other quality news outlets, we choose not to lock Americans out of our reporting and analysis with paywalls. We believe quality journalism should be available to everyone, paid for by those who can afford it.

Your support makes all the difference.

Labour will avoid promising to reinstate the 50p top rate of income tax after it is scrapped today.

Ed Miliband will attack the decision to cut tax in 2013 to 45p in the pound for people earning more than £150,000 when he responds to the Budget.

Labour sources said they believed George Osborne was making a "stratospheric mistake" by reducing the headline rate at this time.

However, they confirmed Mr Miliband would steer clear of pledging to reverse the cut, as it was too early to start writing Labour's next election manifesto.

The party leadership is also wary of being painted as a tax-raising party, even when it comes to the highest salaries.

Join our commenting forum

Join thought-provoking conversations, follow other Independent readers and see their replies

Comments

Thank you for registering

Please refresh the page or navigate to another page on the site to be automatically logged inPlease refresh your browser to be logged in