If Labour really wants to win the next election it needs to do two things, ditch gash, aka Ed balls (nobody likes him) and draft a relief for Ernie (of Sesame Street).
It really looks as if those two don't want to win.
They don't.........it was MSN news reporting.........but just to balance things.......this is the BBC response...
Ross Hawkins Political correspondent [HR][/HR]
Labour called it a tax cut for millionaires.
The phrase helped paint their picture of a privileged Conservative leadership keen to help the best off.
In fact, Labour didn't put the top rate of tax up until shortly before they lost the general election.
The government said cutting it back to 45p cost the exchequer a relatively small sum.
Today's move will enthuse some Labour supporters, particularly those disappointed Ed Balls hasn't committed to reverse more cuts.
But the party can't know whether voters at large will see this as a fair change, or - like the Institute of Directors - a "political gesture".
The 40 % rate is bad enough. After a generous tax free allowance all wages should be taxed at the same amount say; 20% on £10 000 is £2 000. 20% on £100 000 is £20 000. WTF should £100 000 attract tax of £40 000, 10 times the pay, pay 20 times the tax? Fair? I think not.
Tax avoidance is legal. No wonder people use every allowance and loophole to avoid it or have some of it returned. Then spend it on booze, fags, cars, stuff and pay duty and VAT. Win win.
The slave trade wasn't legal in the UK inasmuch as it wasn't enshrined by statute. It was illegal under common law, so I've been led to believe.
Mind you, I have been led to believe many things that have turned out not to be true.