TUC urges tax clampdown on "super rich"

The union will today tell the Chancellor capping the amount of tax relief claimed by those earning more than £100,000 would be a far more effective way of repairing the damaged economy than cuts to public services or tax rises hitting poor households. TUC general secretary Brendan Barber will tell the Beyond Crisis Conference: "When the time comes to close the deficit - and that will only be when there is a strong recovery - it will only be fair to ask those who did so well out of the boom years to make affair contribution." He will go on to argue that putting a £5,000 cap on tax reli...