Ten Things You Need to Know Today: Saturday 10 Mar 2012

1. CLEGG CALLS FOR 'TYCOON TAX'

Nick Clegg is calling for a “tycoon tax” so millionaires can no longer "pay an army of lawyers and accountants to basically pick and choose what tax [they] are paying". He tells The Daily Telegraph he is prepared to drop his opposition to the axing of the 50p top rate of income tax in return.

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