Will the Tory's latest U-turn lead to an economic stalemate?
The Tories must feel quite dizzy after yet another round of jaw-dropping U-turns, this time back peddling on pledges to make the wealthy pay their fair share of tax.
In a shock move, chancellor George Osborne has stated that there will be no wealth tax for high earners and no mansion tax on properties over £2 million. The tax cut for Britain's highest earners will still go ahead though.
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