Labour's 50p top tax rate to stay until 2015 - papers

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Labour's 50p top tax rate will remain for five more years, breaking a pledge that the £2billion-a-year raid on earnings would be temporary.

Chancellor Alistair Darling went back on a promise to axe the tax yesterday, warning that he will keep milking high-earners until 2015 - a clear sign that Labour will continue with its 'class war' on the better off, writes the Daily Mail. Full story...

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