I want to make a little progress before I give way again.
We need to remind ourselves that although the Opposition spent the debate in Committee going on and on at my hon. Friends about taxes on the wealthy coming down, we are raising more in tax from the wealthiest than they ever planned to throughout the whole of their spending programme. Hon. Members should remember that Labour was the party that said early on that it was
“intensely relaxed about people getting filthy rich”.
We will take no lessons from the party that did not raise the upper rate to 50% until the last month or two before it lost the election.