PMQs: Cameron and Miliband on 40p and 50p top tax rates

Ed Miliband pressed the prime minister about tax levels and repeatedly asked him whether the government would rule out a top tax rate cut to 40p,

David Cameron said he wanted the rich to pay more tax, but a 50p rate would damage investment and jobs, and he called Labour an "anti-business, anti-growth, anti-jobs" party.

Labour announced this week, it was committed to restoring the 50p tax rate, if it wins the 2015 general election, and claimed it was backed by "the people of Britain"

BBC News