Osborne: This Budget is fair and makes sure the rich pay more
Chancellor George Osborne defends his Budget, and its controversial 'Granny tax', on the Today programme this morning:
"We were rapidly increasing the personal allowance and therefore it could overtake the so-called age-related allowances,
"What we've tried to do is spread the burden of fiscal consolidation as fairly as possible and the biggest weight has gone on the richest one per cent.
"My salary is less than £150,000, I'm not a big winner from this Budget.
"Many wealthy people do pay their taxes and as a result of the budget, the rich are going to pay more."
