Shadow Chancellor, Oliver Letwin, has proposed that the tax threshold at which people pay 40% tax, be lifted from £36,145 to £40,764. He claims that up to one million families would benefit from a rise in this top rate income tax band.
In the past eight years, the number of people paying tax in this band has risen from 2.1 million to 3.4 million.
Our view
The Conservatives are at it again, chasing votes. Although don't they all!