THE Conservatives have U-turned on abolishing the 45p tax rate on condition that all voters forget about it as if it never happened.
Chancellor Kwasi Kwarteng announced this morning that they listened, they get it, the tax rate is staying, it was always staying, no announcement about its abolition was ever made and anyone who remembers one is wrong.
He continued: “The rich? We don’t favour the rich. Where did you get that idea from?
“No, our fiscal event favoured everyone equally. We certainly wouldn’t abolish the top rate of tax, making it abundantly clear we’re governing for the wealthy before partying with them at a champagne reception. That never took place.
“The prime minister said she was 100 per cent behind the move on TV yesterday? It was on the BBC so it’s obvious fake, though the bits about her being strong, resolute and not for turning weren’t.
“As we head into a winter of unaffordable bills, of rising mortgage payments, of massive cuts to public services, of strikes and school closures and blackouts, please remember that the Tories did not and never said they would abolish the top rate of tax.
“That should make all the difference.”