A senior Conservative minister warns today that both Labour and the Liberal Democrats plan to "clobber the rich" after the next election.
Justice Secretary Chris Grayling also hit out at Labour as he warned against the "politics of envy" and efforts to "clobber the rich".
In a Sunday Telegraph article timed to coincide with the start of the Labour Party conference, Mr Grayling said: "The politics of envy is back. What do Labour want to do? They want to penalise the wealth creators. Higher taxes for the rich. To pay for...a bigger and bigger welfare state."