Apr 24th, 2009 - Telegraph
The former Prime Minister has privately expressed his despair at the Labour government's decision to target the wealthy in the Budget.
Some of the leading architects of New Labour have also savaged the move, which they believe has cost Labour any hope of winning the general election.
Related stories:
Government minister Lord West places bet on Labour losing election
Apr 27th, 2009 - Telegraph
The Security Minister made the bet in mid-2007 as Gordon Brown succeeded Tony Blair. At the time, Labour enjoyed a strong opinion poll lead and Lord West is understood to have received odds of 66-1.
Labour wobbles over 50p tax rate
Apr 23rd, 2009 - The Independent
Alistair Darling's controversial £7bn tax hike on the rich moved to the centre of the political stage yesterday, as the Prime Minister was forced to counter claims that the pledge spelt the end for new Labour.
Big earners, big taxes: Your stories
Apr 23rd, 2009 - BBC NEWS
The Chancellor, Alistair Darling, has made a u-turn on a key New Labour election pledge by unveiling a new 50p tax rate for earnings over £150,000. The chancellor has denied that the tax rise represents a shift in policy for New Labour.
Red all over – Darling's 2009 budget and the return of the class war
Apr 23rd, 2009 - guardian.co.uk
Britain has been plunged into the red. The papers are awash with it (there was even one quip today that the budget figures would drain the world of red ink!) and the sorry...
People earning over £150k face 50p tax rate under Budget
Apr 23rd, 2009 - Telegraph
This new top rate of income tax is the highest of any major economy in the developed world. Mr Darling, the Chancellor, also announced that the highest earners will lose valuable tax breaks on pension savings. In total...
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