British Chancellor of the Exchequer George Osborne holds up the Budget Box as he leaves 11 Downing street in central London on March 21, 2012 to present the annual budget to parliament. The British coalition government unveils its third austerity budget in a row on March 21 to cut a huge deficit but was expected to lower the top rate of income tax for the highest earners. AFP PHOTO / BEN STANSALL (Photo credit should read BEN STANSALL/AFP/Getty Images)