‘I know a few people who could arrange just that,’ remarked a Tory MP this morning on reading Danny Alexander’s remarks in the Mirror that the Conservatives would reduce the top rate of tax to 40p ‘over my dead body’. He told the newspaper:
‘The top rate of tax has been an issue of late. Labour wants to take it back up to 50p, I think the 45p rate is the right place to be. I wouldn’t go to cutting below 45p – that would happen over my dead body. It’s better to say we are going to stick where we are.’
It’s worth pointing out that Alexander only means over his dead body in this Parliament. A source close to the Chief Secretary to the Treasury tells me: ‘What he’s saying is over my dead body in this Parliament.
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