Cameron hints at reversing 50p tax rate

From LabourList

David Cameron was on the Today programe this morning, where he was asked about the Labour Budget’s 50p top rate of tax -and he strongly hinted that a Conservative government would overturn it.

Cameron said:

“We don’t like the 50p. We don’t approve of these high marginal tax rates which will do damage to Britain. But it’s got to form its place in the queue of the taxes we want to get rid of.”

Damage to Britain? Isn’t it better to ask those who have benefited most from our national output to share a just proportion of the tax burden during the recession, than to cut public services more severely than is necessary?