Far more striking would be a cut in income tax, especially for earners on low and middling incomes.

ECONOMIST: Taxes in Germany

Bull markets usually end with high valuations, not low or middling ones.

FORBES: Q3 Ends in Midst of Bull Market; More Room to Run

So a Labour-controlled Treasury was not desperately keen to shout about how these phenomenally well-heeled people exploited tax loopholes to massively cut the rate of tax they pay on their income: in many cases their tax rates were below what those on low and middling incomes typically pay.

BBC: More than 70% of high earners paid 50% tax rate