“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.

“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”.
 

Reintroducing the 10p tax rate. Photograph: Getty Images

Helen Roxburgh is the online editor of Economia

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The New Statesman Cover | Wanted: An opposition

A first look at this week's magazine.

March 31 - April 6 
Wanted: An opposition