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Evening Standard
Evening Standard
World
Sam Blewett

Liz Truss admits she still wants to bring top rate of income tax down despite U-turn

Liz Truss Income Tax

Liz Truss has said she still wants the top rate of income tax for the highest earners to be lower just a day after being forced into a U-turn to stave off a Conservative revolt.

The Prime Minister said she backed down on abolishing the 45% rate for earnings over £150,000 because it had become a “distraction” amid widespread criticism.

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