Would Scrapping The 50p Tax Rate Help The Cabinet?

22/03/2012 12:57 | Updated 22 March 2012

As predicted, the Chancellor's decision to scrap the 50p tax rate proved one of the most controversial parts of his Budget.

Labour leader Ed Miliband took the chance to embarrass the Cabinet, as he taunted them over whether they would benefit from the lower tax rate for higher income earners.

George Osborne himself denied that he would personally benefit on the Today programme. However, others have doubted how straight Osborne was being in his answer.

With a cabinet minister earning at least £134,565, many would be pushing that £150,000 boundary. How many have gone over and would personally stand to gain?


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