A Corbyn government, unlike New Labour, would tax the rich properly | Clive Lewis

If we want to create a truly fair tax system, we need to target the top 5%. Our forebears didn't, the Tories won't - but we will

For all the Tory hype, last month's budget was extraordinarily thin for most people. Austerity is not over, with 3% cuts scheduled for most unprotected departments. Universal credit cuts have not been rolled back. At best, a change to the income tax thresholds largely benefited the better-off, but also meant those on as little as 12,500 would receive 155 a year.

Related: Clive Lewis claims New Labour failed to tax the rich enough

Related: The inability to raise tax has become the British political disease | Polly Toynbee