There will be a freeze on the higher rate income tax threshold in 2012. (politics.co.uk)
He concluded with a waspish idea: if so much money was available, why not cut basic rate income tax by 2p to reduce the burden of recession at home rather than giving away unmanageable amounts of aid abroad? (lordashcroftpolls.com)
And it is being used to hand the rich a # 523 - a-year tax cut by raising the threshold for higher rate income tax by more than # 2,500. (mirror.co.uk)