In an interview with Blairite magazine, Progress, Ed Balls has refused to rule out imposing the 50p top rate of tax on all salaries above £100,000. “Those are discussions that we still have to have,” he said. “It depends very much on where we are in the future.” This is very welcome news and opens the door to more progressive tax policies which could bridge the budget gap without cuts in public services, as proposed in the Compass pamphlet In Place of Cuts: Tax reform to build a fairer society. Continue reading →