In today’s Guardian, Polly Toynbee sets out a shopping list of policies by which Labour could “set national politics alight”; everything from personal carbon trading to bringing back media ownership rules. But she adds that she’ll “happily eat a rack of hats if any of this happens”.
In which case, part of me thinks that Toynbee may have to start investing in some hats and some ketchup, as I wouldn’t be massively surprised if Labour did put its name to one of her proposals. Namely, this one:
“Spread the pain of the recession: make the coming 50% top tax rate start at £100,000, as those in good jobs are doing well with lower prices and mortgages.”
Why so? Well, there was evidence in yesterday’s Telegraph/YouGov poll that the public support the idea of higher taxes for higher income earners*. Given his beleaguered position, I imagine Brown will be tempted to play to that.
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