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“It was the biggest tax mistake they ever made and it has taken them until now to realise their error"

Business quote of the day.

Reintroducing the 10p tax rate. Photograph: Getty Images

“It was the biggest tax mistake they ever made and it has taken them until now to realise their error"
Treasury Secretary Danny Alexander on Ed Miliband’s plan to reintroduce the 10p tax rate, funded by a “mansion tax”.