"If he's got any sense he will get round the cap on child tax benefit."

Proposing he becomes a benefit cheat? Nice.

It looks like the proposed bank levy is a white elephant; due to changes in corporation tax big banks might still be better off under the new arrangement. No surprise that Osborne is looking after his own.

Also, 70% of Great Britain is owned by less than 1% of the population; surely a land tax might be a fair way of raising funds from the landed classes?