Part of the debate – in the House of Commons at 1:32 pm on 27 February 2013.
On the tax treatment of the wealthy, I understand that Britain’s millionaires are demanding a return to the halcyon days of Labour when they paid a 40% top rate of tax, not 45%, and when they paid 18% capital gains tax, not 28%. I hope he is proud of Labour’s record on not taxing high earners as much as we are doing.