There was no justification in keeping the 50% tax which is higher than our competitors and also was being evaded by leaving the country or someother legal evasion.
Labour only introduced this to cause the Tories embarrasment as Balls is a complete hypocrite.
Independent bodies all agree that by lowering will get more tax in


As the Chancellor said other taxes on the wealthy will raise 500% more.

I am 63 as should be collecting state pension in 2014. I do not see why pensioners should have a bigger allowance than working people , especially as pensioners do not pay nat insurance .
I am more concerned with the introduction of the new super pension in 2016 all people who collect pensions prior to that will be on second class pensions. I hope not but have my doubts

Seems like a good budget for business with corportaion tax being lowered etc. This must be good to get people employed

We need to get rid of more red tape. It should not be so difficult to dismiss a lazy worker. No wonder they will not take on new staff

moving to local wage bargaining for the public sector makes supreme sense and will help the regions attract public sector employers.



Finally I noted the comment that the Welfar Budget will be reduced. It is already a lot more than raised in income tax.

It must be slashed if we are to survive as a competitive nation. Greece and Ireland have slashed all benefits and public sector wages .