Cameron relaxed over revealing tax statement David Cameron last night said it was "increasingly likely" he would become the first British prime minister to publish his annual tax statement, as other members of the cabinet accepted the need to be more transparent about their own financial affairs. Amid mounting pressure for ministers to say whether they will benefit from the government's proposed reduction in the top rate of tax, Mr Cameron said: "I won't say for all politicians but, if you are running for the highest office, I think it is a legitimate question for people to ask. I don't want to put people off going into politics and there are arguments that need to be made, but personally I'm very relaxed. Advisers initially told reporters that only a handful of top politicians would be made to publish their annual returns, but officials have now told the Financial Times they believe all cabinet ministers will soon be forced to do so. One government adviser said: "By the time of the next election, I expect all cabinet ministers will have published their tax accounts - I don't see how it could be otherwise at this point." But this person voiced the private concerns of many ministers, saying: "Transparency is of course a good thing, but unlimited transparency can produce perverse results." Several cabinet ministers contacted by the Financial Times on Wednesday said they would have no problem with the idea "in principle." But a close ally to one expressed the reluctance felt by many: "If Number 10 insists that is what we have to do, then so be it." Another added: "They will be seething about this." The possibility of all cabinet ministers releasing their statements shows how quickly the debate has evolved over the past few weeks. British politicians have historically been reluctant to follow their American and Nordic counterparts by routinely providing such information, insisting that all citizens" tax affairs are private. But the row triggered by the decision by George Osborne, the chancellor, to reduce the top rate of tax from 50p to 45p has changed the terms of the debate. Mr Cameron has already said he will benefit from that decision, but most other ministers have so far refused to do so. Labour, meanwhile, has said shadow ministers would only publish their statements if the government did so first. A spokesman for Ed Miliband, the party leader, cast doubt on how soon and how fully the statements would be published. "We have our doubts about how genuine this is," he said.