We would say we are surprised. But we aren't.
Alistair Darling has announced a new top tax rate of 50% for those earning more than £150,000 from next April.
The chancellor unveiled the measure after delivering a stark Budget report on the state of the UK economy.
He said debt would hit a record £175bn this year and the economy shrink 3.5% - its worst performance since 1945.
This isn't just some punish the bankers spanking tax, mind you, but a broad sweep. Imagine working for the government until the summer solstice. (You people in California and New York can skip this assignment). Then imagine gasoline is $9.00 per gallon and over 80% of that is tax.
How much of this do we think the UK can take?
Darling Unveils 50% Top Tax Rate [BBC News]