Credit where it’s due, at least Alastair Darling’s statement today has the virtue of being a simple change, rather than the convoluted nonsense he was talking about a couple of weeks ago. I find the psychology of Labour ministers throughout this debacle fascinating. At each and every turn their response has been to sell off… Continue reading Triangulation and the Treasury
Tag: income-tax
Those Redwood tax cuts – a question of priorities
I’ve been going down the list of tax cuts that John Redwood is proposing. Scrapping inheritance tax, lowering corporation tax, raising the super tax threshold, restricting capital gains… to be brutally honest, I regard all of these as good things in principle, but even leaving aside the affordability issue, how can they be said to… Continue reading Those Redwood tax cuts – a question of priorities