Help the AWL to raise £20,000
Horse trading between the Liberals and Tories over what goes into the Budget (21 March) has begun. Rumour has it the Liberals will “relax” their commitment to the 50% top rate of income tax. Rumour has it Ed Balls is also getting supine on the issue. The Liberals want to trade the top rate for a so-called “mansion tax” — higher council tax for big houses. Boris Johnson is heavily lobbying against that one, on behalf of London property owners. But what’s the betting the Liberals will roll over on all “principles” in the end. In a world when “principles” always give way to a pathetic and...